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In 2025, China's auto parts industry is witnessing unprecedented development opportunities and changes.

1.Continuous expansion of market scale: In recent years, the market scale of China's auto parts industry has been expanding, and the compound annual growth rate has exceeded the overall growth rate of the automobile industry. According to the forecast of China Research Institute of Puhua Industry, the market size of China's auto parts market is expected to reach RMB 6.79 trillion in 2025, which shows the strong growth potential and vitality of the market.

2.Intelligent, electrified and green transformation accelerated: In the future, the auto parts industry will focus on the development of intelligent, electrified and green direction. Enterprises need to increase R & D investment in new energy vehicles, electronic control systems, automatic driving technology, in order to promote the intelligent process. For example, the electric sliding door system developed by the Shanghai R&D Center of Hai Stampede has been widely used in the European and North American markets, and the introduction of Industry 4.0 technology in its hot stamping parts production line has significantly increased production efficiency and lowered costs, which reflects the importance of realizing the development of intelligence and electrification through technological innovation. At the same time, in order to meet the increasingly stringent environmental requirements, enterprises also need to promote the application of lightweight materials and energy-saving processes, such as the use of aluminum alloy, carbon fiber and other lightweight materials, reduce automotive energy consumption, reduce carbon emissions

3. Automatic driving technology to promote the development of the industrial chain: in 2025, automatic driving technology will make significant progress, which in turn will drive the development of related parts and components industry. Automatic driving domain controller as the core of the automatic driving solution, its penetration rate continues to increase, the current single-month penetration rate has exceeded 15%, 2024 January-October Chinese market passenger cars equipped with intelligent driving domain controller model number of 2,290,200 vehicles, an increase of 75.15% year-on-year. In addition, the LiDAR market will also usher in rapid development, and its products will develop in the direction of miniaturization and low-cost, high performance, and technological convergence, such as WoSai Technology plans to halve the price of LiDAR in 2025, which will promote the wide application of LiDAR in more fields.

4. Personalized customization and sharing bring new demands: With the growth of consumers' demand for personalized automobiles, parts and components enterprises need to have stronger flexible production capacity to respond quickly to customer customization needs and produce small-lot, diversified parts and components. At the same time, the popularity of shared cars also puts forward higher requirements for the durability and versatility of parts, prompting enterprises to develop standardized parts that are easier to repair and replace, and adapt to a wide range of car models, in order to reduce the operating costs of shared cars.

.5. Domestic substitution and overseas expansion of market space is broad: in the domestic substitution, domestic parts and components enterprises with high cost-effective and fast response speed, is gradually replacing foreign enterprises to enhance the market share of products, such as in the field of air suspension, wire control and other areas, the process of domestic substitution continues to accelerate. In the sea, the overseas market is expected to become the parts and components enterprises in the medium and long term development of the driving force, the enterprise overseas expansion is mainly concentrated in Mexico, Southeast Asia and other regions, by following the host plant to build factories overseas and other ways to expand the overseas market space.