High-speed rail development or drive the bearing market

It is reported that bearing exports will reach 41.5 billion sets in 2010, an increase of 5365% over the same period of last year, and an increase of 289% over 2008. Exports will reach 33.2 billion U.S. dollars, an increase of approximately 636% year-on-year, an increase of 114% over 2008.

Persons in the relevant industry stated that the large increase in exports was mainly due to the growth of the bearing industry in China in recent years. The quality of fine arts bearing products has reached a level close to international standards, and it has occupied a stable market in the global fine bearing market.

With the mobilization of small-sized bearings increasing, the growth in output and profits of the entire industry was close to 40% in 2010, and the high-speed steel bearings and large aircraft bearings were the latest in unity. Today, the vast majority of local companies, including listed companies, produce small and medium-sized bearings. The production of large and medium-sized bearings accounts for less than 3%.

The high-speed rail market will become a growth trend for the industry According to the "Zhonghengjiu Railway Network Plan (2008 adjustment)", by 2012, China will build 42 high-speed rail passenger lines, with a total mileage of over 130,000 kilometers; by 2020, the mileage of China's high-speed railway will reach 18 Million kilometers.

In 2011, bumps in the automotive, agricultural machinery, and home appliances markets will have a bearing on the growth rate of the bearing industry. At the same time, as the exchange rate of the renminbi rises, the competitiveness of popular bearings and mid-range bearing products will further weaken. Therefore, In 2011, the bearing industry will slow down. However, for a longer time span, under the mobilization of the high-speed rail industry, the growth prospect of the bearing industry is still very impressive.

The industry believes that, according to the current rate of affairs, if it is all right, in the next two to three years, domestic high-speed rail bearings are expected to achieve matching. Compared with the result of close to 40% in 2010, the China Bearing Industry Association has reduced the growth rate of the bearing industry in 2011. Analysts believe that this means that in the next three years, China's high-speed rail bearing market will exceed two billion yuan, and there will be huge room for future import substitution. If it grows smoothly, high-speed iron bearings will take over the banner of small bearings, and will become a strong driving force for future industry growth.

Automobiles mobilize bearings in the countryside In January 2011, Axis Research confirmed that the China Bearing Industry Association has determined that the company will take the leading role in the research and development of high-speed railway bearings in the bearing industry. According to association sources, organizing and promoting the development of high-speed rail bearings will be one of the association’s center of excellence for 2011. Although the final statistics have not yet been released, but the previous data show that the main bearing business in 2010 revenue will exceed 100 billion yuan to reach 120 billion yuan, the growth rate will reach 30%. Driven by the automobile, agricultural machinery, and home appliance industries, the demand for small-sized bearings will increase significantly in 2010. It is expected that bearing production will reach 15 billion sets throughout the year, an increase of 3636% year-on-year. Compare. It is estimated that the total profit can reach 6.5 billion yuan, an increase of 383% over the previous year.