Browse complete Research Report on Chinese Construction Machinery Industry, 2010-2011 Report

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Machinery demanded in the comprehensive mechanized construction of earthwork, stonework, concrete work and building & installation projects is called construction machinery. The production of the construction machinery industry is featured with multiple varieties and small batch. This industry is a technology-intensive, labor-intensive and capital-intensive sector. Construction machinery is mainly applied in the national defense construction, transportation construction, construction and production in the energy industry, construction and production in raw material industries (e.g. mining), agriculture, forestry, water conservancy construction, industrial and civil buildings, urban construction and environmental protection, etc.

In 2009, the market scale of Chinese construction machinery industry was about CNY 320 billion (USD 46.90 billion) with the growth rate of over 18.5%. Though Chinese construction machinery market achieved high-speed growth in the past few years, direct export to China is not the optimal strategy for foreign manufacturers, except the export of a few high-end products. The price of construction machinery in the global market is usually much higher than that in Chinese market. The prices of many products of foreign manufacturers are higher than that of Chinese local products by 50%-150%. Due to the large price difference, a great many Chinese domestic users prefer homemade cheap products with slightly lower quality.

Thus, to acquire Chinese domestic construction machinery enterprises is the first choice for transnational construction machinery enterprises to search for production and sales opportunities in China. By the acquisition, foreign-funded enterprises can immediately acquire mature production lines and sales channels. Many Chinese construction machinery products are suffering overcapacity and low profitability. When the output value is growing rapidly, the competition within the industry leads to the less profit growth than the revenue growth. Once the downstream demand growth slows down, many enterprises in the industry will fall into the passive situation. They have to rely on the price competition to survive, but do not have adequate funds and vitality for the long-term development.

Foreign-funded construction machinery enterprises usually carry out M&A in China by acquiring the shareholding. In the initial years, they will retain the original brands. Later, they will abandon the original brands and only produce products of foreign brands. This is the optimal mode for foreign-funded manufacturers, by which they can be familiar with Chinese market in the transition period and acquire the control on brands. Through years of rapid development, Chinese construction machinery manufacturers have strong manufacture capacity, but their funds, management and technological capacities lag behind the international and domestic advanced level greatly. M&A can enable foreign-funded enterprises to significantly improve the profitability with low cost.

Influenced by the financial crisis, Chinese construction machinery export suffered sharp decline in 2009. The export value amounted to USD 7.71 billion, dropping by 42.6% YOY. In 2009, the import value of Chinese construction machinery industry totaled USD 5.15 billion, falling by 14.4% YOY. During the export decline, Chinese local market was very important for the construction machinery industry. At the end of 2008, Chinese government released the plan to invest CNY 4 trillion (USD 570 billion) during 2009-2010. Over 50% of the investment is related to the infrastructure construction. It is predicted that the investment will generate the demand value of tens of billions USD in Chinese construction machinery market. In 2009, Chinese fixed asset investment reached CNY 22.48 trillion, 30.1% increase over 2008. Meanwhile, the fixed asset investment in Chinese railway industry reached CNY 700 billion, including CNY 600 billion for capital construction with the growth rate 79% YOY. The investment in Chinese real estate development totaled CNY 3.62 trillion in 2009, rising by 16.1% YOY.

It is forecast that Chinese construction machinery market will become the competition focus of global construction machinery giants in the coming few years.

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Browse complete Research Report on Chinese E-reader Market, 2010-2011 Report

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E-reader is a professional carrier terminal for digital contents such as e-books, e-newspaper and electronic documents. It is featured with the paperlike display technology and low power consumption. Presently, through Wi-Fi or operator network, users can directly download digital publishing contents for reading with e-readers.

Chinese e-reader market enters the rapid development stage since 2009. The sales volume of e-reader in China exceeded 300,000 with the market scale of about CNY 450 million in 2009.

Chinese e-reader market has been concentrated with a large quantity of brands, including Hanvon, Hanlin and Dr. Yi as well as Founder, Datang, Teclast and Samsung, etc. Besides e-reader manufacturers, there are also other types of entrants. In May 2009, China Mobile announced its G3 e-reader customization program. In May 2010, China Mobile, together with Hanvon, Huawei, Datang Mobile, Datang Telecom, BenQ and Founder to launch 7 TD e-books, some of which have come onto the market. Among those e-reader spare parts manufacturers, in addition to Prime View, some other manufacturers are also engaged in the production of electronic papers and chips, etc.

Generally, Chinese e-reader market enters its high-speed development stage in 2009. It is forecast that Chinese e-reader market will maintain high growth in 2010 with the promotion of e-reader manufacturers, content providers and telecom operators. In 2010, Chinese e-reader sales volume will surpass 3 million and the market scale will be over CNY 3 billion. By 2010H1, there were about 30 e-reader manufacturers in China. The number is expected to rise to 80-100 during the end of 2010 to the beginning of 2011. E-reader is regarded as another highlight in Chinese digital consumption market after MP3 and MP4.

With its rapid development, Chinese e-reader industry is also exposed to the lack of content resources and unsound copyright protection, etc.

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Browse complete Research Report on Chinese Ship Repair Industry, 2010-2011 Report

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After more than 30 years of development, China has become a large ship repair country. After the reform and opening up, ship repair enterprises in Liaoning, Tianjin, Shandong, Jiangsu, Zhejiang, Fujian and Guangdong, etc are being expanded and strengthened continuously. The regional competition of Chinese ship repair industry concentrates in three regions – the Bohai Bay Rim centering on Dalian, Yangtze River Delta centering on Zhoushan and the Pearl River Delta centering on Guangzhou.

Influenced by the financial crisis, Chinese ship repair industry sustained depression in 2009. Specifically, the volume of ships for repair was raised, while the repair business of single ship suffered drastic decline with substantial price reduction. The average plate renewing price was reduced from 2,800-2,900 USD/ton at the end of September 2008 to 1,000 USD/ton or even 900 USD/ton, approaching the record low. This is mainly because many enterprises competed for orders by low price. In 2009, the market scale of Chinese ship repair industry was about CNY 57 billion, dropping by about 5% YOY. It is forecast that Chinese ship repair industry will recover in 2010.

In recent years, the construction of repair docks in China is sped up and great achievements have been made. The reserving volume of Chinese repair docks also acquires a higher ranking in the world. By the end of 2008, the reserving volume of 50,000-ton and above repair dock in China reached 59 with a capacity of near 8.39 million tons. The repair volume of major ship repair enterprises came to about 5,310, roughly 100 million DWT. The repair volume of foreign ships exceeded 1,784 with a total weight of 81.84 million DWT.

The world ship repair center has been transferred to the region represented by China and has taken shape preliminarily, providing the opportunity for the development of Chinese ship repair industry. The advantages of Chinese ship repair industry in cost, geography and economic development will long exist. The modernized development of Chinese industry is in the primary stage at present. The labor-intensive advantage will be replaced gradually by technology and capital intensive advantages. The transition period, which is about 10-20 years, will be the golden age of Chinese repair industry. An enormous amount of international and domestic investment will be attracted to this industry.

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Browse complete Research Report on Top 100 Enterprises in Chinese Real Estate Industry, 2010 Report

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In 2009, with the influence from policy support, easy credit and inflation expectation etc, Chinese real estate market recovered progressively. Major developers play the leading role in this round of market adjustment in Chinese real estate industry. A number of Top 100 enterprises achieved remarkable sales. The sales of Vanke hit the record high with over CNY 60 billion annually. The annual sales of Greentown, Poly and China Overseas Land & Investment Ltd acquired rapid growth, exceeding CNY 40 billion. Sales of Evergrande, R&F Properties, Longfor Group, Agile Group, Hopson, China Merchants Property Development Co., Ltd, Sino-Ocean Land Holdings Ltd, Beijing Capital Land Ltd, etc. all exceeded CNY 10 billion.

In 2009, major enterprises in Chinese real estate industry assumed outstanding performance in the capital market and land market. Top 100 enterprises represented by Evergrande, Longfor Group, Powerlong, Kaisa Group, Yuzhou Group, Fantasia Group and WorldUnions Properties successfully entered the capital market. Poly, Capital Development Group and Gemdale supplemented the share issuance to raise the funds of CNY 8 billion, 4.70 billion and 4.10 billion separately. The vigorous sales and financing also stimulated the prosperous development in the land market. Vanke, China Overseas Land & Investment Ltd and Poly etc. supplemented the land reserve successively.

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Browse complete Research Report on Chinese Auto LED Lamp Industry, 2010-2011 Report

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So far, auto lamps have developed from original candle lamps to commonly used incandescent lamps. In recent years, new-type HID (High Intensity Discharge) and LED lamps have also emerged. The LED luminous efficiency can reach 80%-90%. New-type and intelligent LED lamps, which are called the fourth-generation auto light source, have become an outstanding member among global auto electronic products and will be the new development orientation of auto lamps.

Compared with traditional lamps, LED lamps have much longer service life. Its service life is 50,000 hours in theory and 20,000 hours in practice. During the entire life span of vehicles, users usually do not need to replace the LED lamps. The start time for LED lamps is only dozens of nanoseconds, much shorter than that of incandescent lamps. Thus, drivers can have more reaction time. LED stop lamps and directional lamps can directly convert the electric energy into optical energy under low drive current, showing upstanding environmental protection and energy saving effects. Its drive current is only 1/4 of that of incandescent lamps. With small size, LED can facilitate designers in changing the lamp shapes optionally to diversify the auto styles.

In recent years, with the improvement in brightness and reduction in cost, some auto LED lamps have achieved increasing application volume. In China, LED rear lamps have been adopted by Honda Accord, Crown, Reiz and Cadillac.

According to different application fields, auto LED lamps can be divided into lamps for light distribution and lamps for decoration. Lamps for light distribution are mainly used as the backlight display of meter lamps, front/rear turn lamps, brake telltale lamps, reversing lamps, fog lamps and reading lamps, etc. Lamps for decoration are applied in the color changes of auto lighting to decorate the internal and external parts of vehicles. The application of white LED in auto lamps is still at the initial stage. Its brightness can be enhanced gradually, so it possesses a quite optimistic prospect in the auto headlamp field.

Presently, in China, auto LED lamps still concentrate in the OEM market while the aftermarket is being started. Auto LED lamps converted from halogen lamps have much stronger night visibility, rich colors and fashionable styles. Therefore, they are popular with fashion-conscious consumers.
Since Sep. 1st, 2009, EU’s ban on incandescent light bulbs went into effect. Incandescent light bulbs will be forbidden to use in EU by 2012. Meanwhile, new vehicles in EU and some other countries are required to be installed with specific lamps for daytime drive. Stimulated by the governmental policies on forbidding the use and production of incandescent light bulbs, the demand for auto LED lamps will enjoy prominent growth. The energy-saving and environmental-friendly auto LED lamp technology will usher in a new development period.

It is forecast that the auto LED lighting will achieve outstanding growth in the LED lighting market in the following years. Both the auto interior lighting and the energy-saving green lighting depend on the LED technology. In the future, the auto LED lighting technology will definitely become the competition focus. The global auto LED lamp market scale is expected to exceed USD 1 billion in 2010.

In 2009, Chinese auto sales volume amounted to over 13 million, ranking the world Top. The auto sales volume in China is estimated to maintain the annual growth rate of over 20% in the coming years. Chinese auto LED lamp market is in the initial stage, assuming great potential and thus attracting numerous manufacturers.

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Browse complete Research Report on Chinese Auto Oxygen Sensor Industry, 2010-2011 Report

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The increasingly strict requirements of various countries on auto exhaust emission propel the development and production of auto oxygen sensors. In 2009, Chinese production and sales volume of vehicles totaled 13.79 million and 13.64 million, rising by 48.30% YOY and 46.15% YOY separately; both ranked the first globally.

However, different from foreign sensor industries, Chinese auto sensor industry does not have a complete industry chain. Chinese auto parts industry has begun to introduce foreign technologies and production equipment since the 1980s. However, parts produced by these technologies and equipment can only meet the requirement of small-batch and low-end auto models. As auto sensors are second-level parts for whole vehicles, they can only be used for the whole vehicle production in the form of systems. They will be imported along with electronic engine control systems to China. Chinese local oxygen sensor industry is on low technological level with insufficient market strategies. As a result, the sensor market for Chinese auto OEM production is occupied by transnational enterprises like Bosch and Denso. Nevertheless, in the auto after-sales service (maintenance) market, many clients will choose oxygen sensors of small and medium enterprises considering the price and some other factors. Because of the application of universal plugs, a small variety of universal oxygen sensors can replace large quantities of original oxygen sensors.

According to incomplete statistics, in 2009, Chinese after-sales market scale of auto oxygen sensor reached about CNY 2.40 billion, rising by over 20% YOY. In 2009, Chinese auto reserving volume exceeded 70 million. It is forecast that the annual growth rate of Chinese after-sales market of auto oxygen sensor will maintain over 20%. For many new entrants, there are still investment opportunities in Chinese oxygen sensor market.

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.

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Browse complete Research Report on Chinese Health Service Industry, 2010-2011 Report

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Health service is not only a concept, but also a method, a complete and thorough service procedure. It intends to help patients and healthy groups better restore, maintain and promote their health, save expenditures and reduce the medical expenses effectively.

In China, the health service covers health maintenance, nursing sub-health state, treatment of diseases, etc. When the standards of living of Chinese people were much lower, the health service mainly referred to the treatment of diseases. However, with the improvement in the standards of living, health maintenance, regulation in sub-health state and disease regulation occupy an increasingly large part in the health service, and their market demand enjoys continuous growth.

With the development of Chinese economy, the concept of health management is gradually recognized by the Chinese. Accordingly, the health service market is also enlarged. Various special or comprehensive health service chain institutions have emerged, such as those for eye test, dental examination, women physical examination, foot massage and hair nourishing. The health management advocates the transfer from passive health treatment to positive health management. The demand for health service is shifting from simple medical care to disease prevention, healthcare and health promotion. Thus, the health examination, consultation, maintenance and promotion, etc. are included in the health service industry.

Chinese health service industry encompasses medical treatment, physical examination, health insurance and some other sub-industries. Presently, except medical treatment, all other sub-industries are in the start-up stage in China.

Before 2003, the physical examination in China was limited to the compulsory special physical examination for the purpose of obtaining employment and pursuing education, etc. The implementation units were nonprofit medical institutions designated by the government. After the outbreak of SARS, the population for physical examination in China acquires high-speed growth. People begin to pay more attention to their health. In 2009, the market scale of Chinese physical examination was about CNY 29 billion. The new-type physical examination is a series of healthy services. It not only enables consumers to understand their health conditions, but also integrates health examination, consultation and promotion. This has brought about many new concepts to the public health and medical industries.

In 2009, there were over 1,500 commercial health insurance products in China. Meanwhile, the premium of Chinese commercial health insurance totaled CNY 57.40 billion. Among that, the premium was CNY 25.61 billion from the sickness insurance and CNY 28.98 billion from the medical insurance, rising by 11% YOY and 23.6% YOY separately.

In 2009, the population aged over 60 accounted for 12.5% in the total population in China and the proportion is still rising. When Chinese resident income is increasing, the environmental pollution is exacerbated and the population aging rate is also in continuous growth. Given this, Chinese people will pay growing attention to their health. Thus, there is a promising prospect for Chinese health service industry.

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Browse complete Research Report on Chinese Juice Beverage Industry, 2010-2011 Report

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In China, juice beverages contain fruit & vegetable juice and fruit & vegetable beverage. The fruit & vegetable juice is made directly from fresh or chilled fruits and vegetables. Fruit & vegetable beverages are ready-for-drink beverages by adding water, sugar liquor and sour agent, etc into the juice and concentrated juice of fruits and vegetables. In China, the juice content for fruit & vegetable beverages should be no less than 10%, otherwise they will belong to other kinds of beverages.

China is abundant in fruit resources. In 2009, Chinese fruit yield came up to about 120 million tons (excluding melons), ranking the world Top. Despite the gigantic population, Chinese consumption of juice beverage is quite low. The annual juice beverage consumption per capita was below 10 liters in 2009. According to the market investigation of China Research and Intelligence, in 2009, Chinese juice beverage production amounted to 13.47 million tons, 14.20% increase over 2008; the market scale reached approximately CNY 57.50 billion, rising by 15% YOY.

The market investigation of China Research and Intelligence shows that, in Chinese juice beverage market, the market share of 100% concentration juice is only 5%-6%, while the most shares are held by low-concentration juice beverages (juice content no more than 25%). This is mainly due to the purchase capacity and consumption ideas of consumers.

By the end of 2009, there were already over 1,000 juice processing enterprises in China, but few of them are large ones. Except that the products of several enterprises such as Huiyuan, Coca-Cola and Pepsi can be sold well all over China, most other enterprises can only sell their products in the regional markets. Restricted by the financial capacity and marketing channels etc., those regional enterprises are unable to operate in the national market. In the long run, these regional enterprises are likely to become the acquisition objects of juice beverage giants, who can improve their regional market shares and set up localized production bases through the acquisition.

The outbreak of the international financial crisis in 2008H2 gave a big blow to Chinese juice beverage export. In 2008, China’s total export volume of juice beverage decreased to 794,000 tons and the export value came up to USD 1.26 billion, dropping by 30.4% YOY and 7% YOY separately. The international financial crisis impacted Chinese juice beverage export market greatly. In 2009, China’s export volume of juice beverages rose to 897,000 tons. However, due to the declining export price, the export value dropped by 39.40% YOY to USD 762.40 million. In 2010Q1, Chinese juice beverage export continued to decrease.

A large part of Chinese juice beverage market is occupied by cheap low-concentration juice beverages, with small space for high-concentration juice beverages of high prices. Generally, consumers will not cut down the expenses on juice beverages. Therefore, the domestic juice beverage market did not suffer great losses in the global financial crisis.

According to the investigation of China Research and Intelligence in the development course of beverage markets in the world, when the GDP per capita reaches USD 3,000, residents will pay more attention to vitamin supplement beverages. Natural juice beverages are superior to carbonated beverages, tea beverages and mineral spring water, expected to dominate the beverage market in the new round consumption upgrading. In 2009, Chinese GDP per capita exceeded USD 3,000. It is forecast that Chinese juice beverage market will sustain the rapid growth in 2010-2014 and the juice beverage consumption per capita will also rise fast in China. In the following years, Chinese juice beverage market is expected to become the competition focus of domestic and foreign enterprises.

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.

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Browse complete Research Report on Chinese Nitric Acid Industry, 2010-2011 Report

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By the end of 2009, China’s annual production capacity of concentrated nitric acid was about 2.50 million tons. Meanwhile, there were over 30 concentrated nitric acid producers in China, of which 14 producers possess the annual production capacity of 100,000 tons or above.

The global financial crisis in 2008 led to the depression of the whole chemical market in China. At the beginning of 2009, a great many enterprises stopped the nitric acid production, resulting in the reduction of market resources. During the downturn of the chemical sector, Chinese nitric acid market took the initiative to raise the price and enhance promotion to whip up the situation for almost half a year. Though the price fluctuated a little within the period, the market prosperity was maintained to July 2009.

In 2009-2010, Chinese newly added production capacity of concentrated nitric acid was about 300,000 tons. However, with the release of the Emission Standard of Pollutants for Nitric Acid Industry at the end of 2009, the production devices of nitric acid by normal pressure method, which contribute 11% to the aggregate production capacity, will be stopped due to the failure in meeting the emission standard. Thus, the production capacity of concentrated nitric acid in 2010 will be the same as that in 2009, that is, 2.50 million tons. Besides, in accordance with this standard, other unqualified production devices also need reconstruction. The reconstruction and overhaul of devices will lead to the further reduction of the actual supply in China. As the nitric acid is a corrosive strong acid that cannot be stored easily, the import and export volumes are small. Thus, the production basically equals the domestic consumption.

In 2009, the production of concentrated nitric acid in China totaled about 2.06 million tons, rising by 10.70% YOY.

In 2010, the downstream demand of Chinese nitric acid industry maintains growth, likely to generate a new round prosperity cycle. In China, nitric acid is mainly applied in the chemical industry, which takes up over 60% of the total demand. Sub-products like aniline, TDI, MDI and dyes have higher demand for nitric acid. The nitric acid demand is 25%-30% from aniline and 15% from TDI. As Chinese economy gradually recovers and the production capacity of TDI & MDI are put into production intensively in 2009-2010, the downstream demand of nitric acid will assume fast growth. However, due to the energy saving and emission reduction policy, Chinese nitric acid production capacity in 2010 will be almost the same as that in 2009. Thus, there will probably be short supply in Chinese nitric acid market and the price is likely to increase.

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.

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