Bearings are important and critical basic components in the equipment manufacturing industry, which directly determine the performance, quality and reliability of major equipment and host products, and are known as the "heart" components of equipment manufacturing. Bearings are important and critical basic components in the equipment manufacturing industry, which directly determine the performance, quality and reliability of major equipment and host products, and are known as the heart parts of equipment manufacturing.

In recent years, domestic wind power, hydropower, nuclear power, deep well drilling rigs, offshore drilling platforms and other fields have opened up huge equipment demand market, but the bearing as a key infrastructure has become its development weakness.

In view of the development direction of China's bearing industry, the mastery of bearing core technology determines the development of equipment manufacturing industry. Bearings are the foundation of the manufacturing industry. If China's manufacturing industry wants to go to the high end, the bearings must first go to the high end.

It is worth mentioning that the domestic high-end bearing market has great potential, which also provides opportunities for domestic bearing enterprises. Breaking through the core technology of high-end bearings is a good medicine to break the bearing industry.

Domestic high-end bearing market demand is very large, and many market segments will continue to grow. In the field of energy equipment, companies such as Mingyang Wind Power and Goldwind Technology are increasing their output this year, and the export demand of internationally renowned companies such as Siemens and GE is also increasing. In addition, the domestic host industry has broken through foreign barriers, reduced costs, and increased competitiveness. The demand for medium and high-end products to replace imports has increased significantly, and the high-end market has great potential. The demand for high-end bearing exports in the international supply chain is also expanding. In the past two years, foreign companies have expanded their purchases in China from bearings to forgings. As long as the products can be upgraded to meet the needs, the international market has broad prospects.

Domestic bearing enterprises must seize the opportunity of middle and high-end goods to replace imports and carry out high-end goods exports, reverse the disadvantages and get out of the quagmire.

Although the development of the bearing industry in recent years is not bad, the competition in these years has become more and more intense. Special foreign group companies, with their brand, technology, capital and production scale advantages, have brought a lot of pressure to domestic bearing companies. For example, Sweden's SKF Group, Germany's Schaeffler Group, Japan's NSK Group, etc., have entered the Chinese market, established production bases, and they are global operations and manufacturing. Compared with domestic small enterprises, the gap is too big. . This requires us to have our own set of technology and brand, in order to have their own foothold.

From the perspective of the product structure of China's bearing industry, the large-capacity is still a general-purpose bearing with relatively low technical content, and China has sufficient labor capacity and has its own advantages in the production of general-purpose bearings. Bearings with technical content, no matter the product type or the technical content, there is no way to compare with some foreign companies. And China still needs a large number of imported high-precision, high-tech bearings, especially for some industries. This is also the direction of China Bearing's future research and development and efforts. At this point, China has also made a series of support policies, especially encouraging the R&D institutions in the bearing industry to encourage them to manufacture high-tech bearings with the introduction of foreign advanced equipment.

Let's take a look at China's bearing market. According to statistics, there are more than 1,400 enterprises in China's bearing manufacturing industry that have reached a large scale, which does not include some small workshops. Over the past 30 years of reform and opening up, the annual sales of China's bearing industry has increased at an average rate of 15.3. There are 70,000 sets of equipment in the whole bearing industry. The number of thermal processing equipment is 5,000, and the annual output of steel products is about 950,000 tons. 500,000 tons, about 300,000 employees. The bearing industry, the potential for benefit from supply, production, sales, people, finance, materials and all-round, are all resources that can be tapped by the manufacturing service industry. The bearing industry is a typical independent market economy under the conditions of thermal and cold processing compatibility, manufacturing assembly and after-sales service. Although it belongs to the basic parts industry, it is related to the construction of various fields such as industry, agriculture, national defense and transportation. Development, in the face of market, sales, fluctuations in returns and fierce market competition, the development of manufacturing services in the bearing industry is particularly important.

In summary, it can be seen that the better premise for China's bearing industry to develop is to have the core competitiveness of its own bearing products, that is, to have its own brand and excellent technology in the international arena, so that China Bearing companies can have their own place in the world bearing industry. According to the analysis of Dongfang Bearing Network, with the diversified development of the bearing industry, the product structure of the bearing industry will also change. The proportion of products with high technical content of bearing products in China is also rising, and the unit price of sales will also increase. In 2015, China's bearing output is expected to exceed 22 billion sets, and sales are expected to exceed 350 billion yuan, becoming the world's largest bearing production and sales base.

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