expert
Expert with best answer

Vlad

97% Recommendation Rate

365 Meetings

5,409 Q&A Upvotes

USD 229 / Coaching

How can I estimate the size of second-hand vehicle market (in unit) in China?

Roy asked on Nov 02, 2019 - 1 answer
1 answer

  • Upvotes
  • Date ascending
  • Date descending
Best Answer
Vlad
Expert
replied on Nov 02, 2019
McKinsey / Accenture / Got all BIG3 offers / More than 300 real MBB cases / Harvard Business School
Book a coaching with Vlad

97% Recommendation Rate

365 Meetings

5,409 Q&A Upvotes

USD 229 / Coaching

Hi,

1) Calculate the number of households

2) Calculate the number of vehicles (% households owning the vehicles)

3) Assume the lifetime of a car (let's say 10 yers) and the av. change of ownership rate (2 times in 10 years). Thus the replacement rate will be 1/5 cars per year

P.s. Don't forget about commercial vehicles. You can use personal experience to say that every 10th vehicle is commercial. Apply different replacement rate for them

Best

Related BootCamp article(s)

Market Sizing

Market Sizing Questions are used to test your quantitative & reasoning skills. Learn more on how interviewers evaluate your given answer!

1 Q&A

Important Facts

It's essential to know some key figures regarding geographies, population, economies for your case interviews. We summarized them for you here.

1 Q&A

Related case(s)

Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last year. However, sales have been far below the expected numbers. The management has engaged you to support them in understanding the reasons and advise ... Open whole case

Bain Case: Old Winery

Solved 40.6k times
4.4 5 1058
| Rating: (4.4 / 5.0)

You have inherited the “Old Winery” from your grandfather, a winery which has been family owned for five generations and can be dated back to the 16th century. Half of the eleven hectares are used to grow white grapes, the other half to grow red grapes. They are grown in the conventional way, i.e. ... Open whole case

Roland Berger Case: Onlinestar

Solved 25.6k times
4.3 5 554
| Rating: (4.3 / 5.0)

Onlinestar, an online retailer of furniture and garden products (core business), has grown significantly in recent years as a result of an expansion of its product portfolio. The company mainly imports goods from Chinese manufacturers but also operates its own production of cat lavatories (special b ... Open whole case

TKMC Case: Elevators

Solved 12.6k times
4.2 5 1150
| Rating: (4.2 / 5.0)

Your customer is the market leader in the North American elevator service business. This is divided into the areas of elevator construction, elevator modernization and service. The customer has a particularly strong branch network in medium-sized cities and would now like to expand its business in ... Open whole case

Our client Pharma Finance just finalized its first investment round and received $ 40m to invest in the build-up of a pharmaceutical manufacturing company. The CEO is mainly interested in high margins and profitable markets, with a sustainable and green production. This is why he wants you to find o ... Open whole case