The entire auto parts industry experienced a lack of cores last year, which had a certain impact on the output of major brands of automobiles, but the "post-market demand" for overseas automobiles is still strong. Coupled with the 2022 epidemic in the world gradually under control, the pent-up demand for auto parts will be released, in short, whether from the growth of auto parts exports, or cross-border e-commerce export scale, auto parts exports will usher in another spring.

Data source: iResearch

1. The global auto parts after-market size is 983 billion US dollars in 2020 and is expected to reach 1370 billion US dollars by 2030, with a compound annual growth rate of 3.38 per cent and a compound annual growth rate of 7.5 per cent for automotive supplies.

2. The scale of e-commerce sales is expected to increase from US $47 billion in 2020 to US $292.6 billion in 2030, with an annual compound growth rate of 20%, and the proportion of e-commerce sales will increase from 4% to 20%.

1. Chip shortage new car sales slowdown to promote the local second-hand car market is active, with high demand for additional, low-change higher supplies;

2. Raw materials and sea freight prices, forcing offline channels to compress profits, looking for cheaper supply, to maintain profit margins;

3. The rise in oil prices caused by the conflict between Russia and Ukraine has raised the cost of using petrol vehicles around the world, which is good for the sales of new energy vehicles, and at the same time brings about the continued prosperity of the electric vehicle aftermarket.

Analysis on the Characteristics of 2022 Cross-border E-commerce Auto Parts Market:

1. Large market size

The auto parts market is huge, and its global market valuation has reached $378 billion, with an annual growth rate of about 4%.

2. National needs

Take the United States as an example. Compared with China, the population of the United States only accounts for 1/3 of the total,There are as many cars as there are in China..

Secondly, most of the foreign mode of transport is mainly by road, in foreign countriesCharges are high in the motor transport industryThis leads to the generalAlmost everyone in a foreign family has a car..

And because of foreignCar repair labor costs are high, Many are accustomed to buying parts for modification and maintenance, whether they want to upgrade performance accessories such as alloy wheels, or want to replace auto parts such as water pumps and brake pads,Many overseas consumers buy products through online channels., and then install their own accessories (or turn to professional garage installation, etc.) for product use.

Data source: eMarketer

According to the statistics of eMarketer, a famous research company in North America,Among the fastest growing categories in 2021 online sales, auto parts products ranked fourth, with a growth rate of 13.5 percent., the total transaction volume of the online market reachesmore than 60 billion US knife.

among them,Can the fastest to promote the seller's sales growth, but also belong to the DIY consumers. Because vehicles are worn out when they are used naturally:-maintenance categories such as filters, brakes, tires, suspensions, etc.-electrical categories such as bulbs, starter motors, alternators, fuel pumps and injectors-bushings Mechanical categories such as engine brackets and engine brackets-products used internally and externally such as wiper blades and door handles, so there is a great demand for such products in the market.These categories are also more suitable for auto parts novice to do the product.

At present, the main classification and national distribution of automobile and motorcycle parts in Dunhuang net:

Data source: Dunhuang Network

Data source: Dunhuang Network

Category Direction:

Auto Parts:

Auto parts usually refer to all parts and components except the car frame, where parts refer to a single component that cannot be separated; parts refer to a combination of parts that achieve a certain action (or: function). A component can be a single part or a combination of multiple parts. In this combination, there is a part is the main, it realizes the established action (or: function), the other parts only play the auxiliary role of connection, fastening, guidance and so on.

Automobiles are generally composed of four basic parts: engine, chassis, body and electrical equipment. Therefore, various subdivided products of auto parts are derived from these four basic parts. According to the nature of the parts, it can be divided into engine system, power system, transmission system, suspension system, braking system, electrical system and others (general supplies, loading tools, etc.).

Auto parts are a large market in mainstream countries in Europe, America and Australia, and are also a blue ocean category of cross-border e-commerce. In the mainstream white countries in Europe and the United States, the car culture is very strong and the labor cost is very expensive, so they like to get their own cars in the garage, which makes the market quite large.

Data source: Alibaba

Automotive Electronics:

Vehicle-mounted electronic devices generally do not directly affect the operating performance of the car, and increase the added value of the car by improving the degree of intelligence, information and entertainment. Like 3C products such as mobile phones and tablets, the electronic parts of automobiles are constantly being updated. This is also a vertical blue ocean where auto parts sellers can break homogenization competition. According to the forecast of the Association of Automobile Manufacturers, the global automotive electronics market will reach $355 billion billion by 2023. With the popularization of 5G technology, the demand for upgrading and application of automotive electronics in the automotive aftermarket will continue to grow.

Source: Association of Automobile Manufacturers

Note: Some of the data in this article are useful for Dunhuang articles.