In recent years, China's automotive parts industry has seized the strategic opportunities of national support for independent innovation and international automotive industry transfer, and made necessary strategic adjustments and industrial structure adjustments. With the optimization and upgrading of product structure and the improvement of development capabilities, China's automotive parts industry continues to meet the needs of vehicle development and presents the following trends:

(1) Automobile parts enterprises will develop towards specialization

The driving force for the development of the automotive parts industry lies in the improvement of production efficiency and the reduction of production costs brought about by specialized division of labor. Many automotive parts companies have emerged from automobile manufacturers and gradually developed and grown in their professional fields, forming their own core competitiveness. In the context of global integration, facing increasingly fierce competition, major vehicle manufacturers around the world focus on core links such as vehicle development, vehicle assembly, and system assembly, further reducing the self-made rate of automotive parts, and handing over the research and development, procurement, and production of automotive parts to professional automotive parts enterprises to improve each other's professional division of labor and production efficiency.

From the perspective of industrial chain structure, a pyramid shaped industrial chain structure is formed between vehicle manufacturers and component suppliers, roughly forming a supply chain system of "parts → components → systems → vehicles". Among them, the vehicle manufacturer is located at the top of the pyramid, and the third tier supporting suppliers are located below the pyramid according to their respective positions.

(2) Automotive components will develop towards lightweighting

Lightweight is one of the important ways for traditional cars to save energy and improve the range of new energy vehicles. The lightweight of a car is to reduce its curb weight as much as possible while ensuring its strength and safety performance. The lightweighting of future cars is actually the lightweighting of components. The widespread application of aluminum castings, aluminum magnesium alloy parts, and automotive plastic parts will be an important trend.

(3) Automotive components will develop towards electronicization

With the further development of the parts industry, the electronicization of automotive parts will become a new direction for future development. Since its inception, automobiles have mainly relied on the application of mechanical technology, but currently, the potential to create added value solely through mechanical technology is relatively limited. The application of electronics and information technology in the automotive industry has created new space for creating high added value.

The developed automobile industry abroad has widely applied automotive electronic technology in the control and fault diagnosis of engines, chassis, and body, as well as in areas such as audio, communication, and navigation, thereby greatly improving the safety performance, emission performance, economic performance, and comfort of the entire vehicle. It can be foreseen that in the future, the automotive parts industry will combine more emerging technologies, and the level of electronicization is expected to continue to improve.

(4) Automotive components will develop towards integrated and modular supply direction

Under the trend of lightweight and electronic components, the industry will gradually implement product upgrades and shift towards integrated and modular supply. The integration and modularization of automotive component manufacturing is a technological means of replacing multiple components with a single module component by integrating the functions previously achieved by multiple components into a single module component through new designs and processes.