Industry Analysis Manufacturing

Advantages of Vietnamese Manufacturing over Chinese Manufacturing

CRI’s market survey shows that Vietnamese manufacturing has the following advantages over Chinese manufacturing. 1. Preferential Policies on Taxes and Foreign Investment (1) Advantages of Bonded Zones The Vietnamese government has approved the establishment of several bonded zones. The products manufactured by enterprises established in these bonded zones are exempt from tariffs and value added tax. Enterprises established in the bonded zones are exempted from corporate income tax in the first profit-making years and enjoy reduction in corporate income tax in the following two years. There are also more preferential…

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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: https://www.cri-report.com/telecoms-computing-semiconductor-pcb/781-2875-research-report-on-china-integrated-circuit-industry-2018-2022.html 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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Manufacturing Telecoms & Computing

Overview of Intelligent Manufacturing Industry in China

Driven by a series of favorable policies such as the ‘‘Intelligent Manufacturing Development Plan (2016–2020)’’ (《智能制造发展规划(2016–2020年)》) and ‘‘Made in China 2025’’ (《中国制造2025》), the revenue of the intelligent manufacturing industry in China is well positioned to accelerate its growth in the future. The revenue of the intelligent manufacturing industry rose from CNY 838.4 billion in 2012 to CNY 1,450.0 billion in 2016, representing a CAGR of 14.7%, and is expected to grow to CNY 3,668.4 billion in 2021 at a CAGR of 20.4% from 2016 to 2021. According to the ‘‘Intelligent…

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Manufacturing

Overview of China Plastic Component Manufacturing Market

Plastic is defined as a synthetic material made from a wide range of organic polymers that can be melted and moulded into a desired shape and set into a stable form with the use of plastic mould. In general, plastic can be categorized into thermoplastic and thermosetting plastic. The former one can be remelted into liquid while the latter one always remains a permanent solid state. Common characteristics of plastics include (i) chemical resistance, (ii) outstanding insulating properties, (iii) light, (iv) ease of processing and (v) wide range of application.…

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Manufacturing Telecoms & Computing

Cable Assemblies End Market Overview

Cable assembly products are applied to a diverse range of market sectors, including but not limited to communication equipment, data center, industrial and medical equipment. Global cable assembly market In 2016, global market size of cable assembly was approximately US$156.9 billion, with the CAGR of 5.4% during 2012 to 2016. The main growth force came from the market of communication equipment and data center segment, industrial and medical equipment segment, mobile phone segment, etc. Global cable assembly market expects a consistent growth during 2017 to 2021. According to the CRI…

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