-East China and South China are key competition areas.

Commercial vehicles belong to heavy asset industries, with widely distributed production enterprises and full market competition. According to the statistics of China Automobile Industry Association, by 2020, there will be 85 commercial vehicle manufacturers in China. From the distribution of commercial vehicle manufacturers, the number of commercial vehicle manufacturers in Guangdong and Jiangsu is leading, with 8, 6 in Fujian and Sichuan respectively, and 5 in Beijing, Jiangxi, Shandong and Chongqing respectively.

Industry market competition:

-SAIC has the highest sales of commercial vehicles.

According to the statistical analysis of China Automobile Industry Association, the top ten commercial vehicle sales in 2020 are SAIC, Dongfeng, BAIC, Changan, FAW, China National Heavy Duty Truck, Jianghuai, Shaanxi Automobile Group, Great Wall Motor and Chengdu Universiade, with sales of 729,000, 723,000, 684,000 and 565,438+0./kloc-respectively. Compared with the previous year, the sales of the top ten companies all increased to varying degrees, among which China National Heavy Duty Truck, Great Wall Motor and China FAW increased significantly, while China National Heavy Duty Truck and Great Wall increased by over 50% compared with 20 19.

-SAIC Wuling and Jiangling are the leading brands of freight cars respectively.

In the field of trucks, enterprises represented by Wuling, Jiefang, Futian and Dongfeng have enough experience to adapt to market changes. In prosperity, they can seize opportunities to further improve efficiency, and in adversity, they can also handle these opportunities stably to maintain or even increase market share. In the field of buses, the market concentration of Jiangling, SAIC Datong and Yutong buses is also increasing. However, the anti-risk ability of middle and lower reaches enterprises is relatively weak, and the influence of policy changes and market sales fluctuations is more obvious.

-Industry concentration has increased again.

Judging from the market concentration of commercial vehicle industry in China, in 2020, the total sales volume of the top ten brands will reach 4.455 million, accounting for 86.79% of the total. Compared with 20 19, the shares of CR3, CR5 and CR 10 are further expanded, the stability of head enterprises is getting higher and higher, and the market concentration is gradually improved.

—— The above data refer to the Analysis Report on Market Foresight and Investment Strategic Planning of China Commercial Vehicle Industry by Forward-looking Industry Research Institute.