Telecoms & Computing

Overview of China’s Semiconductor Packaging Industry

With the supportive policies promulgated by the PRC government in the semiconductor product industry and the development of technology and popularisation of advanced packaging, the market size of China’s semiconductor packaging industry is forecast to experience a further growth and reach approximately RMB981.1 billion in 2022, at a CAGR of approximately 15.9% from 2018 to 2022.

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Food & Beverage

Market Overview of Chinese Wine Market

Wine is an alcoholic beverage with the alcohol by volume ranging from 10% to 15% typically made from fermented juice obtained and extracted by squeezing and crushing various types of grapes. It is produced by fermenting crushed grapes with various types of yeast. Yeast consumes sugars in the grapes and converts them into alcohol. Wine is usually made using various types of grapes, including Pinot Noir, Chardonnay, Cabernet Sauvignon, Gamay, and Merlot.   In the past two decades, with the rapid economic growth and the increasing disposable income in China,…

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Automobile Industry Analysis Manufacturing

Automotive IC Market Predicated to Grow at 18.5% in 2018

Considering system monitoring and control, safety, ADAS, convenience and the growth of autonomous driving, in 2018, the IC market is expected to grow at a rate of 18.5%. Related report: Consumer demand and government requirements for electronic systems lift up vehicle performance and increase comfort and convenience. Giving warning, identifying problems and taking corrective actions will keep drivers safe and alert. The growth of systems and the increase in the price of memory components are expected to increase the auto IC market by 18.5% this year, which will hit…

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Automobile Industry Analysis

US Import Volume of Tires from China Decreased by 10.8% in 2018Q1

In Mar. 2018, the US import volume of tires reached 19.02 million, decreasing by 8.9% over the previous year and increasing by 2.7% over the previous month. Among them, passenger tires were 11.83 million, falling by 10% YOY and increasing by 6.3% MOM. Tires of trucks and passenger vehicles were 3.44 million, with an increment of 0.4% over the previous year and 8.5% over the previous month. Related report: In March, the US imported tires from China reached 3.78 million, dropping by 10.8% YOY and 10% MOM. Among them,…

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Automobile Energy & Chemicals Industry Analysis

Global Tubeless Tire Market

Globally, the market for Tubeless Tire is growing at a CAGR of 7.15% during the forecast period (2017-2023). The tubeless tire also known as inflated tires, does not require any inner tube inside the tire. It consists of a molded rim, through which air is inserted inside the tire to seal the projections of the wheel rim. The tradition tires had a tube inserted into the wheel, which is not sustainable for a longer time. Tubeless tires are sustainable for longer period, due to which it is safer than tube…

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Industry Analysis

Analysis on Prospects of Construction Machinery Industry

In terms of the sales volume of new machines in the construction machinery industry, with stable infrastructure investment and start-ups of real estate in 2016, the high growth of excavator sales was mainly driven by the machine updating in the infrastructure and real estate starts at the downstream. In 2017, since the investment on the real estate and infrastructure increased and PPP projects landed, China’s market demand for excavating machines achieved substantial growth. Meanwhile, company’s business indicators turned optimistic and the entire industry began to restore. In 2016, manufacturers such…

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Energy & Chemicals Industry Analysis

Analysis on Status Quo and Policies of China Photovoltaic Power Generation, 2018

According to the National Development and Reform Commission, the Ministry of Finance, and the National Energy Administration, the standard on-grid power prices of photovoltaic power station newly put into running will decrease by 0.05 CNY/kWh. Ordinary photovoltaic power stations except those connected with the grid before May 31 will no longer obtain subsidy this year. The subsidy policy for distributed photovoltaic power generation has also been tightened with an annual upper limit of 10GW. This policy accelerated the decline of photovoltaic industry subsidy, and photovoltaic enterprises cannot count on subsidy…

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