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At present, imported bearings account for nearly 1/4 of total demand, while export bearings account for about 1/4 of total shipments. Bearing shipments are expected to surpass domestic demand for bearings in 2011, reaching 128 billion yuan, an annual increase of 14.4%.
In 2011, the largest increase in non-pedestal bearings was mainly attributable to the increase in the production of motor vehicles and industrial machinery and the demand for OEMs and the aftermarket. The growth rate of demand for plain bearings and seated bearings without seats will also exceed the average level. Ordinary bearing demand will benefit from the increase in production of motor vehicles and industrial machinery in its main market. Ordinary bearing design has been continuously improved, and its price is lower than that of rolling bearing, so sales can be improved. Sales of pedestal bearings have also been driven by industrial production, especially in the construction, mining and oil field markets.
OEM bearing applications will still account for more than 4/5 of total bearing demand. The automotive, industrial machinery, electronic and construction equipment, mining and oilfield equipment manufacturing markets are particularly strong. MRO bearing demand will increase with the growth of bearing application equipment. The growth rate of motor vehicle maintenance is expected to be the fastest.
Bearings and green protection - In recent years, all walks of life have become more and more concerned with environmental issues, and the bearing industry is no exception. Taking the green environmental protection road also includes ensuring that machinery and equipment can operate as efficiently as possible. With this as a goal, the bearing industry is igniting a green revolution and is constantly developing in the following areas: 1. Run faster; 2. Produce less friction, thereby reducing the operating temperature, reducing energy loss; 3. Take heavier loads; use environmentally friendly lubricants; 4. Longer life; 5. Less time spent during use.
Considering that many everyday applications require bearings, extending bearing life and improving bearing performance to reduce run-time waste generation, reducing energy consumption is a general trend. In other words, making full use of existing machinery and reducing its impact on the environment is precisely the definition of green environmental protection.
It is also worth noting that the bearing industry has an important guiding role for engineers to develop new designs.
In this revolution, bearing manufacturers also shoulder heavy responsibilities. The teaching materials provided by them ensure the correct and efficient use of equipment by end-users, and help users and engineers understand bearing characteristics so as to achieve optimal mechanical performance. This is the ultimate interpretation of green environmental protection: Minimize human impact on the environment and achieve sustainable development.
Rising demand for bearings will lead to substantial growth in sales
China's bearing market growth is at the forefront of the world, mainly due to the rapid growth of durable goods production, especially the development of motor vehicles and industrial machinery. At the same time, the increase in the output of electronic and electrical products has also provided opportunities for the bearing market. According to the analysis report of the industry investigation company Friedonia on the Chinese bearing market, the demand for bearings in China will increase by 13.8% annually and reach RMB 125 billion in 2011.