China's ATV Export to USA Reachs Almost US$500 Million in 5 YearsDUBLIN, Ireland--Oct. 1, 20059, 2005--Research and Markets has announced the addition of All-terrain Vehicles in China and Taiwan to their offering.
In only five years, China's exports of all-terrain vehicles have reached almost US$500 million. The country's annual production of ATVs, which consists mainly of 50 to 250cc models that can run up to 100kph, already accounts for about 40 percent of the world's total ATV output. Suppliers in the industry mostly started out as motorcycle or scooter makers, relying on their expertise in these related fields to provide them with the knowledge necessary to branch out into ATV manufacturing. More recently, a large number of companies manufacturing automotive parts have also diversified into ATVs. The technical backgrounds of these makers enable them to quickly and easily modify designs to meet changing demands.
The following are some of the key trends in China's ATVs export industry:
-- More high-displacement models will be released in the next 12 months. Makers, especially those based in Chongqing, will be developing 300 to 600cc ATVs for those utilizing ATVs for heavy work-related tasks rather than for recreation.
-- Export sales will continue to grow by double digits as demand for ATVs, especially from the United States, continues to rise.
-- To prepare for the anticipated increase in exports, suppliers will be boosting production capacity by upgrading manufacturing equipment and technology, and QC systems.
"All-terrain Vehicles in China and Taiwan" provides in-depth profiles of 15 leading suppliers in mainland China and Taiwan, including details on manufacturing capabilities, new products, pricing strategies and more. Based on in-person factory tours and interviews with senior managers, this impartial information is available nowhere else. The report includes detailed profile tables of 54 additional suppliers, highlighting key information such as production capacities, output ratios, export capabilities and main machinery installed.
A Product Gallery featuring 124 of the most popular export ATVs, including detailed specifications and full-color pictures is included in the report together with the results of the latest supplier survey, forecasting price, product, production and R&D trends for the next 12 months.
Key benefits of this report:
-- See how the new features that China's ATV suppliers are adding to their products will impact your sourcing decisions
-- Find new opportunities by learning which suppliers are investing in bigger factories, better equipment and new production lines to meet anticipated demand
-- Discover what ATV makers in Taiwan are doing to cope with intense competition from mainland China, especially in the youth/children's ATV line
-- Benefit from quick-to-use summary listings covering all featured suppliers, with easy-to-compare statistics, as well as verified contact details
For more information visit http://www.researchandmarkets.com/reports/c26168.