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Giving bearings a longer life cycle

06

2023

-

01

Bearing industry development trend

Data show that more than 70% of the global bearing market share is shared by eight multinational bearing group companies, including Sweden SKF (SKF), Germany Schaeffler Group's INA and FAG, Japan's NSK (NSK), NTN, KOYO, Minebea, Nachi and at the same time, the world's bearings industry's high-end market is monopolized by the above enterprises, while the low-end market is mainlyThe middle and low-end market is mainly concentrated in China.


Data show that more than 70% of the global bearing market share shared by the eight multinational bearing group companies, including Sweden SKF (SKF), Germany Schaeffler Group's INA and FAG, Japan's NSK (NSK), NTN, KOYO, Minebea, Nachi and at the same time, the world's bearings industry's high-end market is monopolized by the above enterprises, while the low-end market is mainly concentrated in China.At present, there are more than 1400 bearings in China.

Currently, there are more than 1,400 bearing enterprises in China, employing more than 300,000 people. 2011, China's bearing manufacturing industry realized a total industrial output value of 193.121 billion yuan, a year-on-year growth of 27.59%.Realize sales revenue of 1919.07 billion yuan, an increase of 30.30%. accounted for total profit of 12.523 billion yuan, an increase of 26.54%.

According to industry analysis, from the current product structure of China's bearing industry, the low technical content of the ordinary bearing production capacity has been sufficient; high precision, high-tech content, high value-added bearings with special characteristics, can meet the special requirements of the work.These conditions of high-end bearings in terms of variety and quantity also has a lot of room for development.

Then, the next step is to improve the bearing manufacturer's R & D, design and manufacturing capacity, which is the only way to realize high technology content, high reliability, high efficiency and high precision.

With the support of national policies, China's equipment manufacturing industry is developing rapidly.Bearing manufacturers have increased R & D efforts, the introduction of foreign advanced manufacturing equipment, and constantly improve the level of R & D design and manufacturing level.It is speculated that the bearing industry enterprises will upgrade their bearing products in the future.As a key investment direction, precision, performance, life and reliability are in line with the inevitable trend of future industry development.

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