Bearing industry development shows a number of aspects of the characteristics and trends, the following is a detailed analysis of the development of the industry:
1. market size and growth
Market size: In recent years, the market size of China's bearing manufacturing industry has continued to grow. According to the latest data, the market size of China's bearing manufacturing industry in 2022 reached 250 billion yuan, up 9.7% year-on-year. It is expected that by 2024, the market size of China's bearing manufacturing industry will increase by 1.8% year-on-year.
Production: China's bearing production has also risen year by year, reaching 25.9 billion sets in 2022, up 11.2% year-on-year, reaching the peak in recent years.
2. Application fields and requirements
Widely used: bearing as a widely used basic parts in the machinery industry, its application scope covers construction machinery, automobile, agricultural machinery, port machinery, hydraulic components, forging machinery, plastic machinery, textile machinery and office equipment and other fields.
Main application areas: Automobile is one of the main application areas of bearings, and automobile bearings account for 42.1% of bearing demand. In addition, bearings are also widely used in rail transit, aerospace, high-end machine tools and other high-end equipment fields.
Emerging demand: With the rapid development of new energy vehicles, industrial robots, engineering vehicles and other emerging industries, the demand for bearings is also increasing. For example, the bearing in the robot reducer is one of the key components, and the high technical requirements and high value of bearings for new energy vehicles have also promoted the growth of the bearing market size.
3. technological progress and innovation
High precision, high performance: high precision, high performance, high reliability bearing products have become the mainstream of the market, promoting the industry to high-end, precision, intelligent direction.
New materials and new processes: In the field of bearing manufacturing, the exploration of new materials and new processes has always been the focus of industry innovation. The newly developed lightweight and high-strength materials, wear-resistant and corrosion-resistant materials and high-temperature superhard materials will greatly improve the performance and life of bearings. At the same time, the application of new technologies such as 3D printing and laser cladding in bearing manufacturing has also broken the limitations of traditional manufacturing.
Intelligent upgrading: With the rapid development of technologies such as the Internet of Things, big data and artificial intelligence, the bearing industry has also ushered in new opportunities for intelligent upgrading. The use of smart bearings and sensors will become more common to monitor bearing status and performance in real time, providing predictive maintenance.
4. Competition pattern and policy support
Competition pattern: The high-end market of China's bearing industry is mainly occupied by eight multinational bearing group companies, while the middle and low-end market is mainly divided by China's large leading enterprises. Although domestic enterprises have greatly improved in product stability, accuracy and other technical indicators, there is still a gap with the international advanced level in high-end bearing products and international competitiveness.
Policy support: The state has introduced various industrial policies to support the development of the bearing industry. For example, policy documents such as "Made in China 2025" and "Industrial Structure Adjustment Guidance Catalogue" encourage the bearing industry to develop towards precision and high-end, promote its application in rail transit, aviation, infrastructure and other fields, and encourage the industry to transform and upgrade, improve quality and efficiency. In addition, the government also supports the development of key basic components through industrialization financing support and government procurement policies.
5. Future Development Trend
Market demand continues to grow: With the continuous development of the global industrial field, especially the rapid development of high-end equipment fields such as new energy vehicles, rail transit, and aerospace, the market demand of the bearing industry will continue to grow.
Industrial structure optimization and upgrading: The bearing industry will further optimize the industrial structure and promote the development of the industry in the direction of high-end, precision and intelligence. At the same time, bearing manufacturers will increase investment in research and development to improve the accuracy, performance, life and other key technical indicators of bearing products.
Environmental protection and energy saving requirements: In the context of global environmental protection and energy saving, the bearing industry will also face higher environmental protection and energy saving requirements. Bearing manufacturers will increase investment in research and development of environmental protection technologies and energy-saving measures to achieve sustainable development.
In summary, the bearing industry has shown a positive development trend in terms of market size, technological progress and policy support. In the future, with the upgrading and transformation of the manufacturing industry and the in-depth promotion of intelligent manufacturing and the rapid development of emerging industries, the bearing industry will usher in more development opportunities and challenges.
