Although China's bearing industry has achieved unprecedented development, but our country is only a big bearing country, but not a bearing power. In the world bearing about 30 billion US dollars in sales, the world's eight major multinational companies accounted for 75-80.

With the support of relevant national policies and the joint efforts of the domestic bearing industry, China's bearing industry has maintained a sustained, rapid and healthy development trend. In recent years, the domestic bearing industry has rapidly expanded its production scale, with nearly 2,000 bearing companies, of which more than 900 have sales revenues of more than 5 million yuan, and the number is the largest in the world.

Germany's two major companies accounted for 90 of its national total, Japan 5 accounted for 90 of its national total, and the United States accounted for 56 of its national total. In China, bearing companies with 7 annual sales of more than 1 billion yuan, such as tile shafts, accounted for only 28.3 of the total sales. Bearing the market from the specific country point of view, the United States market is the largest, accounting for 23% of the world; EU countries followed, accounting for 21%; Japan accounted for 19%; Russia accounted for 6%; India accounted for 4%; China accounted for 10%.

With the implementation of the national 4 trillion investment plan, it will promote the development of China's construction machinery, machine tools and other industries. This will also accelerate to a certain extent, the development of the corresponding bearing sub-sector. The state advocates the development of new energy, making China's wind power industry has made great progress, in the future, China will further increase investment in the wind power industry, so wind power bearings will be a very rapid development in China's bearing sub-sector. From the long-term development point of view, aerospace, high-precision CNC machine tool bearings, high-end car bearings also have good prospects.

This report is mainly based on the basic information of the National Bureau of Statistics, the Ministry of Commerce, the State General Administration of Customs, the Development Research Center of the State Council, the China Bearing Industry Association, the China Iron and Steel Association, the China Special Steel Enterprise Association, and domestic and foreign related publications, as well as the bearing industry research unit. The large amount of data announced and provided, combined with in-depth market research data, based on the overall development trend of the world's bearing industry, analyzed and predicted China's bearing industry development, economic operation data, import and export, related industries, competitive landscape, etc. , and discuss and judge the overall environment and development trend of the future development of the bearing industry.

Finally, on the basis of a large amount of analysis and prediction in the front, the future development and investment strategy of the bearing industry was studied, and insights were given to companies such as bearing production, trading, and distribution companies in the fierce market competition, and business strategies were timely adjusted according to market demand. Strategic investors choose the right investment timing and strategic planning for the company's leadership to provide accurate market intelligence information and scientific decision-making basis, and also have great reference value for the bank's credit department.

In 2009, the bearing industry in China will grow steadily. On the one hand, bearings are expendable mechanical components. Except for new projects and new mechanical products that will drive the demand for bearings, the increase in the availability of mechanical products and the increase in utilization will increase the consumption of bearings; on the other hand, With the continuous development of China's national economy and the ever-increasing degree of automation, the requirements for the host will become higher and higher, and the bearing performance and technical requirements will become higher and higher. In the future, new products will emerge in an endless stream and demand will continue to increase. Therefore, the steady growth of the bearing industry in the future should not be a problem.

In addition, the low R&D and innovation capabilities of China's bearing industry and the low level of manufacturing technology in the bearing industry are also obstacles to the development of China's bearing industry. Bearing enterprises in China have to make greater achievements. Breaking through these bottlenecks is an inevitable trend.