Analysis: Characteristics of China's Bearing Industry Growth Rate in Recent Years

The status quo of China's bearing manufacturing market has created conditions for foreign companies to enter China. Many international bearing manufacturers have already seen opportunities for low-cost market expansion in China. With the gradual increase in foreign investment, the reform and restructuring of Chinese domestic companies has grown rapidly. At the same time, the promulgation and implementation of policies such as the new industry system will prompt China's bearing manufacturing industry to reshuffle, and mergers and acquisitions will be vigorously promoted under the policy.

Driven by the domestic and foreign markets, China's bearing industry will continue to maintain a growth rate of more than 15% under the impetus of deepening internal reforms, and will have the following characteristics.

1. The demand for brand bearing products becomes more obvious. As the majority of users have more explicit requirements on the reliability and stability of bearings, as well as the promotion of enterprise management concepts and development concepts in each host industry, and pay attention to nurturing their own brand names and brands, the market demands tend to be more outstanding bearing brands and excellent bearing companies. .

2. Affected by domestic and foreign markets, the level and structure of bearing product production and demand will become more apparent. The bearing enterprise group will create a brand and create a brand name. Its bearing technology level, reliability and stability will have a certain increase. The important supporting market in the country will still be controlled by these companies; under the influence of the trend of declining prices in the automotive market, Some auto bearing markets will turn to domestic companies, and imported bearings will decline.

The general bearing market, especially the general bearing market that rises with the increase of the people's production level, such as sports machinery, furniture machinery, carrying machinery and other general bearing markets, will have some space. In bearing foreign trade, export bearings will still be the main bearing of general bearings, high-end bearing exports will slowly rise; imported bearings are still based on high-end brand-name bearings, with foreign-funded enterprises in the domestic construction upgrade, the increase in imports of foreign bearings It will decline.