China suppliers of vehicle security and accessories are looking forward to a rebound in exports as the economic recovery of major markets becomes more solid. Many are taking the coming months as a chance to boost key competencies in preparation for greater uptake.

In the next 12 months, suppliers will continue to solidify their foothold in the EU and North America, which currently account for more than half of export revenue. A number of businesses will also explore market opportunities in the emerging economies of the Asia-Pacific region, Eastern Europe, South and Central America, Africa and the Middle East.

Further, in line with the move upmarket, more resources will be allocated for R&D. Besides exploring new materials, finishes and technologies, several suppliers will actively engage in market research.

Releases will remain primarily designed for the aftermarket. With the industry’s continued focus on the sector, ease of installation and operability will also be a major consideration in R&D.

This report covers the major lines of China’s vehicle security and accessories industry, namely electronic security and safety systems, interior and exterior add-ons, and garage and tire repair equipment.