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China Spring Manufacturing Industry Production & Marketing Demand and Investment Forecast Report

China Spring Manufacturing Industry Production & Marketing Demand and Investment Forecast Report

Last Update:2014-05-12

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Although spring industry is a small industry among the whole manufacturing industries, its role shouldn’t have been underestimated. If the national industrial manufacturing industry and automobile industry want to accelerate the development, it’s very necessary to develop spring industry, one of parts industries, in advance. Therefore, it can adapt the rapid development of whole industry. In addition, the expanding of production and marketing size of springs, the adding of varieties and the improvement of quality level will meet the requirements of mechanical equipment updating and the improvement of the supporting host performance. Thus, the spring products play an important role in the development of whole national industry.

Since the reform and opening up, with the economy globalization and the establishment of China’s manufacturing giant position, the supporting demand for springs increase sharply. Moreover, the low investment amount and low technology threshold and fast return of the spring industry, the number of spring manufacturing enterprises have increased sharply since 1980s. As of the end of 2010, there were more 724 enterprises above designated size involving in spring manufacturing, with more than 100,000 employees. In 2010, the industry sales revenue exceeded 30 billion Yuan, and the total profit surpassed 1.6 billion Yuan.

Since springs are a kind of fully competitive products, in the current market, the low-end spring enterprises in domestic have the cost advantage, and their prices have competitiveness to some extent. In terms of high-end products, foreign invested enterprises and JV have advantage of technology. As to high-end products, such as the elastic support, which is used to treat cardiovascular disease, has been monopolized by foreign healthcare giants, and the domestic enterprises have nothing to do. The auto spring is the hot competitive field for both foreign and domestic enterprises. The foreign and domestic enterprises have their own advantages, so it’s hard to tell which is better.

At present, the competition of spring industry has gradually shifted from the war price and service competition in the past to the industrial chain competition, while the industrial chain competition should rely on a standardized way to achieve. Although the standard system of spring industry is relatively perfect, it still far from meeting the current market demand, since it has been formulated early, especially comparing with that of Japan and Europe. The lower current national standards and industry standards lead to the weak competitiveness of domestic spring products in the international market. Thus, it needs to issue a new standard to meet the industry requirements for the international market.

During the “twelfth five-year” period, benefited from national relevant stimulus plans and relevant industry revitalization planning, China automobile, railway, instrument and other industries continue to develop fast. In addition, a group of emerging industries, such as conventional weapon, nuclear, and aircraft manufacturing industries can’s develop with the participation of springs. China’s increasingly national power and huge investment in national defense and technology provide an important business opportunity for spring industry. Under the background of well external environment and steady growth of downstream demand, it’s predicted, at the end of “twelfth five-year” period, namely by the year of 2015, the sales volume of China spring industry is anticipated to achieve 60 billion Yuan.

The fierce competition in spring manufacturing industry requires enterprises to attach great importance to the market research, especially the research on market prospects and competitors. With Forward’s long-term tracking and collecting market data of spring manufacturing industry, we roundly and accurately analyze the industry structure system for you from the view of mastering the whole industry. This report mainly focuses on analyzing China spring manufacturing industry’s market size, development speed and competitive situation, depending on macro-prosperity of current spring manufacturing industry and relying on its production and marketing conditions as well as the demand trend. Meanwhile, with comprehensive and specific first-hand market data over the past several years, Forward helps you to grasp the market and development trends of spring manufacturing 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 spring manufacturing industry’s development size and competitive landscape. Furthermore, based on future development tracks and years’ practice experience of spring manufacturing industry, we conduct prudent analysis and forecast for spring manufacturing industry’s future development trend. This report helps spring manufacturing enterprises and investment enterprises to precisely grasp current latest developments of the industry. Afterwards, they can make wise operating decisions and define enterprises’ development directions. Moreover, this report is the first and weighty report on analyzing the up and down stream industrial chain of spring manufacturing industry and analyzing its leading corporations in an all-round and systematical way.

Here, we would like to express our sincere gratitude to State Information Center, Bureau of Statistics of China, China Customs, 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 Spring Manufacturing Industry

China Spring Manufacturing Industry Report" related reports »

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