What is the investment prospect of the bearing industry and the development direction of the bearing?
Release date : 2022/3/3 16:11:34  Clicks : 3932
The national "Industry 4.0" strategy is proposed, and the domestic substitution of key equipment components is urgent. Domestic brands, especially leading enterprises, are to realize the vision of full localization of bearings. Various industrial policies guide the development direction of the bearing industry, the market scale reached 100 billion, and the growth space of domestic bearings is large.

Analysis of the development prospect of the bearing industry and the future trend of the market in 2022

Bearings are an important component in contemporary machinery and equipment. Its main function is to support the mechanical rotating body, reduce the friction coefficient during its movement, and ensure its rotary accuracy. The basic structure of a bearing is usually composed of inner ring, outer ring, rolling elements, retainer, seal elements and grease. The inner ring and outer ring are collectively referred to as bearing rings, which are annular parts with raceways.

Bearings are widely used in important fields of the national economy such as automobiles, railway vehicles and various industrial machinery and household appliances. It is a great invention that saves energy and improves efficiency.

Since the founding of the People's Republic of China, China's bearing industry has experienced three stages of development: "from scratch", "from small to large" and "from weak to strong". After the "19th National Congress", the revitalization of the manufacturing industry has become a national strategy. At the same time, "Made in China 2025" has been steadily implemented, and the industrial strong foundation project is in full swing. Therefore, the development of high-quality, specialized division of labor and high-tech content is an important trend in the bearing industry.

According to the "2022-2027 China Bearing Industry Market In-depth Research and Competitive Landscape Forecast Report" released by the China Research Institute

In terms of sales, China is already the third largest bearing producer in the world. In 2020, the operating income of China's bearing industry reached 193 billion yuan, a year-on-year increase of 9.04%. In terms of output, China is already the third largest bearing producer in the world. In 2020, the annual output of our bearings will reach 19.8 billion sets, a year-on-year increase of 1.02%. In recent years, China has vigorously developed the machinery manufacturing industry, the development of the downstream bearing industry, and the increasing demand for bearing products, making the sales revenue and total profit of the bearing industry continue to increase. In 2021, the annual output of the bearing industry will reach 20.2 billion sets.

In recent years, China has vigorously developed the machinery manufacturing industry, the development of the downstream bearing industry, and the increasing demand for bearing products, which has made the sales of the bearing industry continue to increase. In 2021, the revenue of China's bearing industry will reach 197.1 billion yuan, and the industry market scale will continue to grow.

According to statistics, China's bearing exports in 2021 will be 782,132 tons, an increase of 192,987 tons compared with the same period in 2020, a year-on-year increase of 32.7%; the export value is US$5,151.424 million, an increase of US$1,523.323 million compared with the same period in 2020, a year-on-year increase of 42%. . In 2021, the average export price of Chinese bearings will be US$6,600/ton, reaching a peak of US$7,200/ton in March 2021.

There are about 10,000 enterprises in China's bearing industry. There are 1,212 rolling bearing manufacturers above designated size and 111 sliding bearing manufacturers in China's bearing industry. Although there are a large number of bearing enterprises in China, due to the constraints of capital, technology, manpower, research and development, etc., the scale of bearing enterprises is generally small, and the production is mainly concentrated in low-end products. At the same time, although the income of China's bearing industry is concentrated in enterprises above designated size, the income of the top 100 enterprises in the industry accounts for only 42.8% of the entire industry, and the industry concentration is relatively low.

At present, China's bearing industry will change from high-speed growth to medium-low-speed growth, from scale-speed growth to quality-efficiency growth, and the product structure is continuously optimized. The output rate per unit of assets, the rate of added value, the added value per capita, the profit margin of sales, the intensity of R&D investment, and the amount of authorized invention patents will be greatly increased, and the energy consumption and material consumption per unit of added value and pollutant emissions will be greatly reduced.

Bearing industry manufacturers will i

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