With the continuous progress of production technology in China, in the field of micro and small bearings, Chinese bearing enterprises began to compete positively with Japanese enterprises, and gradually occupied the middle and low-end markets and some high-end markets of micro and small bearings.

China has entered the ranks of the world's largest bearing countries, but there is still a long gap between China and the strong bearing countries in terms of product structure. The phenomenon of low production concentration, low R&D capability of high-end products, low manufacturing technology level of the bearing industry still exists, and the trade deficit between import and export continues to expand.

According to the analysis report of production and marketing demand forecast and transformation and upgrading of Chinese bearing manufacturing industry from 2015 to 2020 released by Prospective Industry Research Institute, the global bearing industry market scale continued to grow from 2005 to 2008. In 2009, affected by the global financial crisis, the global bearing market declined by 12.5% to $56.8 billion. By 2013, the global bearing market will be 62 billion US dollars.

Breakthrough Three Bottlenecks in Market Development Analysis of Bearing Manufacturing Industry

1. Low R&D and innovation capability of bearing industry

The low ability of product development shows that although the matching rate of domestic main engine reaches 80%, the matching and maintenance bearings of important main engine such as high-speed railway passenger cars, medium and high-grade cars, computers, air conditioners and high-level rolling mills are basically imported.

2. Low Manufacturing Technology in Bearing Industry

In China, the manufacturing technology and equipment technology of bearing industry are developing slowly, the NC rate of turning is low, and the level of grinding automation is low. There are only more than 200 automatic production lines in China.

3. Low production concentration in bearing industry

The global bearing market can be divided into five parts: Asia and Oceania, Europe, North America, Latin America and Africa, with 40%, 31%, 25%, 3% and 1% share respectively.

China has put forward the 11th Five-Year Plan for the Bearing Industry. The Bearing Industry in China will take the market as the guide and enterprises as the main body, promote the upgrading of independent innovation ability and design and manufacturing technology, promote the construction of large groups and small giants, improve the core competitiveness, improve the concentration of production, and realize the transformation from scale growth to quality efficiency. The transformation of beneficial type.

From the perspective of the "12th Five-Year Plan" of the bearing industry, the bearing autonomy rate in key areas has doubled the space for improvement, and the space for import substitution is relatively broad. It is anticipated that domestic bearing enterprises with advanced technology and high-end products will enjoy the achievement of import substitution of high-end bearings.