皇冠体育app

Economy

Markets

Industries

Insights

Reports

Events

Backing radar market tough for Chinese producers

By Hao Zhou (chinadaily.com.cn)
Updated: 2008-04-29 17:07

Related publication:

Related readings:  皇冠体育app starts auto parts program for circular economy  Auto parts firm boosts Qingdao plant  Building begins on auto parts complex  Foreign investment on auto parts turns to JVs

Approximately 1.95 million backing radars were installed on passenger cars last year, accounting for 30.6 percent of the passenger car market. As backing radars become more popular, it is predicted that the number will reach 4.57 million sets by 2010, more than double the current figure and accounting for 40 percent of passenger cars on the road.

"We won't miss such an opportunity. We are now focused on the repair and maintenance market and trying to supply our products for automakers," said a principal of a Guangdong-based backing radar factory.

There are around 200 and 300 domestic backing radar manufacturers in 皇冠体育app. However, most of them are small-scale operations with ragged technologies. "Backing radars are not undergoing compulsory testing and examination, and a uniformed national standard is absent," explained an expert.

....

The full text is available in the