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Auto Parts Industry

Global auto parts industry concentration

As the production and operation of major multinational automobile companies shifted from the traditional vertical integration, pursuing extensive and comprehensive production mode, to a streamlined organization and a specialized production mode focusing on the development of complete vehicle projects, vehicle manufacturing companies have significantly reduced parts and components. The self-manufacturing rate has established a supportive supply relationship with external parts manufacturing enterprises, forming a model of specialized division of labor and cooperation and promoting the development of the auto parts industry.

The more mature international automotive industry market usually has a mature supporting parts market. Internationally renowned auto parts companies are mainly concentrated in North America, Europe, and Japan, including Germany’s Bosch (RobertBoschGmbH), Germany’s Continental (ContinentalAG), Japan’s Denso (DensoCorp.), Canada’s Magna (Magna International Inc.), American Delphi (DelphiAutomotive), and so on. These companies have a large scale, strong technical force, and sufficient capital strength, guiding the development direction of the world’s parts and components industry.


Particular injection molding machine for automobile sealing strip

The auto parts manufacturing industry chain mainly has airtightness, which is an essential indicator of vehicle quality. Automobile sealing strip products are essential components that determine the pros and cons of this indicator. It is widely used in automobile body parts such as front and rear windshields, doors, windows, cabins, trunks, etc. It fills the gaps between the body parts and has the functions of shock absorption, waterproof, dustproof, sound insulation, decoration, etc.

The downstream include auto manufacturers, auto 4S shops, auto repair shops, auto parts, and accessories dealers, and auto modification plants.

The impact of the auto parts industry is mainly in terms of costs. Changes in the price of raw materials are directly related to the manufacturing cost of auto parts.

With the development of science and technology, auto product upgrading is accelerating, requiring the auto parts industry to accelerate technological innovation, provide products that are in demand by the market, and prevent product backlogs.

Min-Hui vertical injection molding machine is used in various auto parts industries. According to different product production requirements, Min-Hui has a variety of injection molding machines and solutions with different performance parameters, difficulty levels, specifications, and models. Provide customers with high-efficiency and low-cost customized injection molding machinery.

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