| (CRI-Shanghai, )The increasingly strict requirements of | | | | market strategies. As a result, the sensor market for |
| various countries on auto exhaust emission propel the | | | | Chinese auto OEM production is occupied by |
| development and production of auto oxygen sensors. | | | | transnational enterprises like Bosch and Denso. |
| In 2009, Chinese production and sales volume of | | | | Nevertheless, in the auto after-sales service |
| vehicles totaled 13.79 million and 13.64 million, rising by | | | | (maintenance) market, many clients will choose oxygen |
| 48.30% YOY and 46.15% YOY separately; both | | | | sensors of small and medium enterprises considering |
| ranked the first globally. | | | | the price and some other factors. Because of the |
| However, different from foreign sensor industries, | | | | application of universal plugs, a small variety of |
| Chinese auto sensor industry does not have a | | | | universal oxygen sensors can replace large quantities |
| complete industry chain. Chinese auto parts industry | | | | of original oxygen sensors. |
| has begun to introduce foreign technologies and | | | | According to incomplete statistics, in 2009, Chinese |
| production equipment since the 1980s. However, parts | | | | after-sales market scale of auto oxygen sensor |
| produced by these technologies and equipment can | | | | reached about CNY 2.40 billion, rising by over 20% |
| only meet the requirement of small-batch and low-end | | | | YOY. In 2009, Chinese auto reserving volume |
| auto models. As auto sensors are second-level parts | | | | exceeded 70 million. It is forecast that the annual |
| for whole vehicles, they can only be used for the | | | | growth rate of Chinese after-sales market of auto |
| whole vehicle production in the form of systems. They | | | | oxygen sensor will maintain over 20%. For many new |
| will be imported along with electronic engine control | | | | entrants, there are still investment opportunities in |
| systems to China. Chinese local oxygen sensor | | | | Chinese oxygen sensor market. |
| industry is on low technological level with insufficient | | | | |