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China Vehicle Bearing Industry Indepth Research and Investment Strategy Planning Report, 2013-2017

China Vehicle Bearing Industry Indepth Research and Investment Strategy Planning Report, 2013-2017

Last Update:2014-06-09

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Preface

Table of Content

In 2010, the main business revenue of China bearing industry achieved 126 billion Yuan. During the period of 2005-2010, it maintained a growth rate of 19.36%, which ranked the third in the world, with the bearing volume of 15 billion sets. It’s predicted the market size of global bearing industry will be 63.4-76 billion US dollars, with an annual growth rate of 8.5% and the growth rate of China bearing market in Asia-Pacific market will reach 12% by 2015. Moreover, its market demand will occupy 32.6% of global market by 2015, and according to estimation, China’s demand will surpass the total sum of North America, Japan and Europe demand.

Automobile and motorcycle are the largest users for bearing industry. At present, China heavy wheel hub bearing sector has basically realized the localization. However, only several enterprises, such as China Wangxiang Group in the high-end and middle-end automobile sectors make breakthroughs, and the import substitution just start.

The automobile and motorcycle host supporting bearing market accounts for about 55% of the entire vehicle bearing market. With the increase of automobile inventory in the future, this ratio will keep decreasing, and that of maintenance market will increase. According to our estimation by model, the market size of China vehicle bearing (excluding light vehicles, such as coaches) is anticipated to exceed 30 billion Yuan.

In 2010, the sales volume of China automobile was 18.06 million. The automobile inventory was 78 million. And its inventory per 1000 persons was 52, as well as the passenger automobile inventory was 33. Compared with developed countries, China automobile market has the vast space for the development. According to national auto industrial planning, Forward predicts, the sale volume of China automobile will break through 28 million, the sales volume of passenger automobile will reach 19.6 million, and the self-owned brand enterprises will achieve the sales volume of more than 10 million via industry acquisition, technology research and development, market channel extension and so on.

This report mainly analyzes the development environment of China vehicle bearing industry; the development situation and experiential learning of foreign vehicle bearing industry; the development opportunities forecast of China vehicle bearing industry; the operational mode of vehicle bearing industry; the operational conditions in vehicle bearing industry; the related corporations’ operational conditions in vehicle bearing industry; as well as the investment/financing analysis and prospect forecast of vehicle bearing industry. Meanwhile, with comprehensive and specific first-hand market data over the past 5 years Forward helps you to grasp the market and development trends of vehicle bearing industry, so as to win advantages from competition!

The most distinctive characteristics of this report is forward-looking and timeliness. Through analyzing forward-looking characteristic of abundant first-hand market data, we deeply and objectively dissect China current vehicle bearing industry’s overall market size. Furthermore, based on future development tracks and years’ practice experience of vehicle bearing industry, we conduct prudent analysis and forecast for vehicle bearing industry’s future development trend. This report helps vehicle bearing investment and construction enterprises, operational enterprises and management institutions to precisely grasp current latest developments of the industry. Afterwards, they can make wise operating decisions and define enterprises’ development directions.

Here, we would like to express our sincere gratitude to State Information Center, Bureau of Statistics of China, International Information Research Institute, Chinese Academy of International Trade and Economic Cooperation, Tsinghua University Library, Development Research Center of the State Council and Beijing Essence Forward Research Center, for their great support when we conduct this report!

Notice: All the market data, especially corporations' ranking data in the report, only for business reference. Please do not take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!

Qianzhan Business Information Co., Ltd. Industry Research Center

Research Team of Vehicle Bearing Industry

 


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