文档介绍:CHINA AUTOMOBILE MARKETING AND SERVICE
SUMMIT 2003
Key Issues In Developing Automobile Service Market
Zafar A. Momin
Vice President and Director
Head of Asian Automotive Practice
1st December 2003
THE BOSTON CONSULTING GROUP
AGENDA
China Auto Servicing Landscape
Lessons from Global Auto Servicing Market
Implications for China Auto Servicing Market
-1-
THE RAPIDLY GROWING AUTO MARKET WOULD BE ONE KEY
DRIVER OF THE GROWTH OF THE AUTO SERVICE MARKET
Estimated Vehicle Sales (2003-2007) EstimatedTotal Car Parc Parc (2003-2007) (2000-2005)
Vehicles (M units) Vehicles (M units)
8 50
CAGR: 11%
CAGR: 8% ('03-'07)
('03-'07)
40
6
30
4
20
2
10
0 0
2003 2004 2005 2006 2007 2003 2004 2005 2006 2007
Source: DRI Asian Automotive Industry Report, August 2003; BCG estimates
-2-
STRONG GROWTH EXPECTED FOR CHINA AUTO AFTERMARKET
Industry Forecast of China Auto Parts and Aftermarket (US$ Bn, 2003 – 2007)
(US$ Bn) 40
CAGR: 10%
('03-'07)
35
30
25
20
15
10
5
0
2000 2001 2002 2003E 2004E 2005E 2006E 2007E
Source:Access Asia
-3-
CURRENT AUTO SERVICING MARKET IS FRAGMENTED
Due to the Proliferation of Small Sub-scale Players
Fragmented China Auto Servicing Market, . Shanghai
~ >1,000 unlicensed
No of (2) Definition Type of players
players(1) repair shops
4,000 - Only able to perform specific light service and - Fast-fit chains
3,484
Category 3 maintenance tasks:
3,500 - Traditional
enterprises - Cleaning services independent
small scale
3,000 - Repair and fitting of peripherals (body,
entrepreneur
paintwork, batteries, display, windows etc)
players
2,500 1909 - No servicing of main/critical parts
Size
2,000
Category 2 - Able to perform minor repairs, maintenance
- Independent
enterprises works, and specific repairs, modification and
1,500 mult