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China Bearing Industry Production & Marketing Demand and Transformation & Upgrading Analysis Report, 2013-2017

China Bearing Industry Production & Marketing Demand and Transformation & Upgrading Analysis Report, 2013-2017

Last Update:2014-04-30

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Table of Content

The bearing is a significant and foundational component for all kinds of mechanized equipments. The precision, performance, lifespan and reliability of the bearing play a decisive role in the same aspects of the mainframe. As a high-precise product among the mechanized products, the bearing not only need the comprehensive supports of maths and physics, but also the services from materials science, heat treatment technology, precision machining and measurement techniques, digital control technology and efficient numerical methods, and powerful computer technology. Accordingly, the bearing is the product which represents the scientific and technological strength of a country.

After the international financial crisis in 2008, China enhances the investment of infrastructure and adopts active financial policies to promote the economic growth in order to deal with the financial crisis. Benefiting from the development of relevant industries, the volume of bearing production and marketing expands rapidly while the profit level increases and industry growth speeds up. According to the data released by State Statistics Bureau, the total sales revenue of China bearing industry in 2010 is 151.969 billion Yuan with a year-on-year growth of 39.45%; the total industry output value is 151.434 billion Yuan with a year-on-year growth of 38.04%; the total profit is 9.812 billion Yuan with a year-on-year growth of 69.37%.

Current these years, many well known corporations in the world enter China bearing market and construct production base, such as SKF group from Sweden, Schaeffler Group from Germany, The Timken Company from America, NSK Company and NTN Company from Japan and so on. The companies are both global operation and global manufacturing. With the advantages of brand, equipment, technology, fund and production capacity, they compete with the domestic bearing companies in China market. Presently, most of the domestic bearing companies mainly focus on the production of general bearing while few of them emphasize the production of special and high-end bearing as the technology is not mature. Therefore, there is a long way to go for domestic corporations to compete or surpass with the advancing bearing brands.

During the “twelfth five years”, the effect of national macro-economic policy still can be seen that the economic growth in China keeps strong. Meanwhile, the international market is recovering. The economy trends to be steadily increased. The growth of national economy will promote the investment to infrastructure construction and further drives the development of the industries like metallurgy, hydropower, building machine, building material and energy. In the meantime, the bearing demand from industries like auto, Aero-Space, machine tool and wind power will be gradually expanded due to the policy supports from the revitalization plan for ten major industries which issued by government. Furthermore, China bearing market will have a wider developing space according to highly attentions of the equipment manufacturing industry from China, and the gradually obvious trend of bearing localization. And with the development of China bearing mainframe industry, the product structure of axile bush will change that the price and the proportion of high-end products will increase. It is predicted that by 2015 the production volume of bearing may exceeds 22 billion sets while the sales revenue may exceeds 350 billion Yuan in China. Therefore, China may become the largest bearing production and selling base in the world.

As the competition of bearing manufacturing industry is fiercer, the domestic outstanding bearing manufacturers pay more and more attention to the industry market research, especially the in-depth research of product consumers. Because of this, a large number of excellent domestic bearing brands rise up rapidly, and gradually become a leader in bearing manufacturing industry!

With Forward’s the long-term tracking and collecting market data of bearing manufacturing industry, we roundly and accurately analyze the structure system for you from the view of mastering the whole industry. This report will base on the macro condition of current bearing manufacturing industry, production and marketing condition, industry demand trend of auto industry, then detailed analyzes the current market capability, market scale, development speed and competitive landscape of China bearing manufacturing industry.

This report mainly analyzes the following aspects: production and development of China bearing manufacturing industry; current market environment and corporations’ competitiveness of bearing manufacturing industry; market demand features of bearing manufacturing industry; competitive landscape and trend of bearing manufacturing industry; development status of major bearing market segmentation; leading corporations’ operational condition in bearing manufacturing market; development trend and prospects forecast of bearing manufacturing industry. Meanwhile, together with the comprehensive and detailed market data which is accumulated for 5 years, Forward helps you to grasp the market and development trends of bearing manufacturing industry, so as to win advantages from competition!

Major characteristics of this report are forward-looking and timeliness. Base on the forward-looking analysis of massive research data, we further analyze the development scale and competitive landscape of bearing manufacturing industry. Along with the industry development route and our practical experience, we analyze and predict the future development prospect of bearing manufacturing industry. This report is of a high value for enterprises like bearing manufacturers, R&D institutions, sales corporations and investment corporations to accurately know the latest industry development trend, and obtain market opportunities and determine an insightful operation strategy and development direction. In the meantime, it is the first heavy weight report to analyze the up/down-stream industry chain and industry leading corporations of bearing manufacturing industry in an overall and systemic way.

Here, we’d like to express our sincere gratitude to National Statistics Bureau of China, International Information Institute, General Administration of Customs, National Institute of the Ministry of Commerce, National Tsing Hua University Library, Institute of Market Economy of the State Council Development Research Center, and Beijing Qinghua Forward Market Research Center, etc. Thank you so much!

Notice: all the market data, especially the corporation list data in this report is only for business reference. Please don’t 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 Bearing Manufacturing Industry

China Bearing Industry Report" related reports »

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