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Future development trend of automobile aftermarket

Sep 07, 2021

The meaning of automotive aftermarket: it is classified in the order of front and rear sales of complete vehicles. The automotive aftermarket can be divided into seven industries: automobile insurance industry; Auto finance industry; Automotive IT industry; Automobile maintenance industry (automobile boutique, supplies, beauty, fast repair and modification); Automobile maintenance and parts industry; Automobile culture and automobile sports industry; Used car and car rental industry. Many people engaged in the automotive aftermarket industry do not understand the prospect and market scope of this industry. Let's use data to describe the current situation and Prospect of the automotive aftermarket.

1. Current status of automotive aftermarket

Automotive aftermarket is the most stable profit source in the industrial chain, accounting for 60-70% of the total profit. As we all know, buying a car is not a one-time consumption. After buying a car, it comes with insurance, maintenance, repair, car washing and beauty care. Compared with the rapid growth rate of China's automobile manufacturing industry, there is still a lot of room for development in the domestic and even global automobile aftermarket.

However, at present, most of our Chinese auto repair stores exist in the form of husband and wife stalls, small workshops and roadside stalls. The prices of accessories and working hours in these stores are much cheaper than those in 4S stores, but the service quality is uneven, forming a situation of "scattered, chaotic and poor". In order to change this situation, there are today's "safe", "convenient", "affordable" and "transparent" contactless car washing machines.

2. Development prospect of automobile aftermarket

According to statistics, China's car ownership has reached 250 million at present, and the domestic car sales are growing at an annual rate of 6%. It is expected that the transaction volume of the auto aftermarket will reach 150 billion yuan by 2018. After the completion of delivery, the automobile enters the automobile aftermarket. The automobile aftermarket such as auto parts City, automobile maintenance and automobile modification has broad development prospects and belongs to a hundreds of millions of markets.

With the continuous rise of automobile consumption, consumers' understanding of car maintenance knowledge has also changed greatly. The concept of "maintenance instead of repair" has gradually gained popularity, which has brought great business opportunities to the majority of automobile care manufacturers. Since 2011, the market scale of the maintenance industry has maintained a rapid growth of more than 10% every year, reaching 813 billion yuan by 2018. With the continuous expansion of market scale and market penetration, the prosperity of China's online automobile maintenance is increasing.

3. Development trend and direction of automobile aftermarket

In the future, the essence of the whole automotive aftermarket competition is the competition between supply chain platforms. Supply chain dispute, overall supply chain efficiency, and end-to-end cost reduction and efficiency improvement based on supply chain efficiency. Platform competition is essentially an Ecosphere dispute. Whether your platform is a symbiotic and win-win platform or your own dominated and then dominant platform, I think this determines where your platform will eventually go. Customer competition has increasingly become a service competition, especially in today's commodity parts are very homogeneous, especially in the automotive aftermarket, it is inseparable from localized services.

In addition, the development of intelligent Internet connected automobile service in the future will allow car care stores to remotely monitor the health status of vehicles, enhance the degree of Internet connectivity, and help repair garages establish a closer and direct relationship with customers. In addition, it also integrates the intelligent IOT of major automobile maintenance stores in China to realize the real intelligent service mode integrating raw materials, products and sales.

Overall, the automotive aftercare market has huge space and stable growth. In the future, automobile service cluster may replace the traditional single and scattered business model, establish perfect pre-sales and after-sales service by virtue of the open and transparent characteristics of the Internet, optimize its own business process through management software, and provide users with humanized services and high-quality and low-cost products., In the future development of the automotive aftermarket, xiaofeiyu kuaibao will always keep in mind its mission to promote the progress of the industry with information technology and consulting services, and contribute its own strength to the automotive aftermarket.

If you want to know more about automatic car washing and auto aftermarket, you can add wechat  or WhatsApp Mr. shown + 86-13626220012.

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