According to the "National bearings industry," second five "development plan", 2015, sales in the bearing industry will reach 222 billion yuan, production will reach 28 billion units, the industry average annual growth rate will be above 10%.

1. Promoting Urbanization brings diverse product types and multiple levels of downstream demand growth driving industry growth

"Twelve Five" period, as China's deepening reform progresses, in order to support the new industrialization of new urbanization, the majority of people's spending power will be improved and the corresponding release, the domestic market will continue to expand, generating more bearing It needs. With multi-level needs of the automotive, power generation, rail transportation equipment, engineering machinery, machine tools, agricultural machinery, metallurgical and mining equipment, electronic special equipment and supporting emerging industries, high-end equipment manufacturing, such as supporting the growth of downstream applications, will promote the bearing industry sustained and stable growth. In addition, as more and more use of bearings, bearing maintenance and replacement demand will remain steady growth, making the bearing industry with "Evergreen" feature, downstream demand will steadily grow in the future.

According to research, "second five" focus on supporting the host and maintenance bearing demand forecast as shown in the following table:

2, to enhance the localization of major equipment manufacturing and strategic emerging industries to bring business opportunities

2, to enhance the localization of major equipment manufacturing and strategic emerging industries to bring business opportunities

According to the Ministry issued the "machine parts, basic manufacturing processes and basic materials industry," second five "development plan", since 2008, China's equipment manufacturing industry grew steadily and ranked first in the world, host and major equipment integration capabilities significantly lift, large complete sets of equipment can basically meet the needs of national economic construction, but high-quality basic parts, advanced manufacturing technology and basic materials base this high-end "three basic" requirements of the host product development has not kept pace, the rapid development of high-end host and supporting the "three bases" prominent contradictions of insufficient supply, major equipment and has restricted the development of China's high-end equipment bottleneck. High-end "three bases" major equipment to improve product performance and reliability, to avoid a major accident assurance; quality basic items and basic materials is an important guarantee for the modernization of the defense industry, must be based on self-development; "three bases" to improve the industry quality of life provide important condition, and improve people's livelihood in the food processing, bio-pharmaceuticals, household appliances manufacturing process automation and pollution, both requiring high cleanliness, precision and corrosion-resistant base member base material as a guarantee. China's current "three bases" industrial development lags far behind the host and cured in the industrial chain in the low-end situation should be reversed, to enhance the "three bases" overall level of industry and international competitiveness without delay as soon as possible.

"Twelve Five" is the crucial period of China's industrial transformation and upgrading, is to realize the transition from equipment manufacturing power equipment manufacturing powerhouse of important strategic opportunities, to transform and upgrade traditional industries, cultivate and develop strategic new industries, as well as major projects , livelihood projects, infrastructure construction and defense needs of the equipment manufacturing industry, not only provide a huge market space for the bearing industry, and their quality of growth, a higher level of requirements. According to the "National bearings industry," second five "development plan", supporting bearings independent of the rate has doubled in the key areas of improvement, import substitution of a wider space, high-end bearings will focus on the development of advanced domestic technology, high-end products The bearing companies will enjoy the high-end bearing import substitution results.

2, to enhance the localization of major equipment manufacturing and strategic emerging industries to bring business opportunities

Meanwhile, the bearing industry and strategic emerging industries closely related. Countries decided to accelerate the cultivation and development of strategic emerging industries, for the bearing industry development speed, precision, heavy-duty bearings provide a broad market.

According to the "Decision on accelerating the cultivation and development of strategic emerging industries" and the State Council promulgated the "" five "national strategic emerging industry development plan", 2015, China's strategic emerging industry to GDP The proportion strive to reach about 8%, to 2020, China's strategic emerging industries accounted proportion of gross domestic product and strive to reach about 15%. Strategic emerging industries, including next-generation information technology, energy and environmental protection, new energy, biotechnology, high-end equipment manufacturing, new materials and new energy vehicles seven sectors, which require large amounts of various types of high-end bearing as key components, in particular the new energy automotive industry, including nuclear power, wind power, solar power and other new energy industries, including aviation, satellite and applications, rail transportation equipment, marine engineering equipment and intelligent manufacturing equipment and other high-end equipment manufacturing industry need a lot of speed, precision, heavy load bearing and huge development potential, but also for China's bearing industry product structure optimization, industrial transformation and upgrading brought great opportunities.

3, a huge international market space

Bearing as height "standardization, serialization, universal" and "three" mechanical products, natural attribute is suitable for global production and sourcing more huge open international market space. With the major transnational companies from bearing the "demand production" to "best production", namely the implementation of localization of production from the country in the target market, especially following the host companies supporting the production of overseas factories nearby, steering according to each production base changes in the country's exchange rate, inflation, production costs, market demand and so economic environment, adjust bearing varieties and quantity of the production base, in order to achieve low-cost production under the international average, Chinese bearing enterprises in quality and technology By constantly made breakthroughs in the background, share the global division of labor between the bearing industry a huge market space. Currently, the internationalization of Chinese enterprises bearing just in its infancy, with an international perspective, the implementation of "going out" strategy of internationalization, in order to win greater development.

According to The Freedonia Group released analysis report forecasting global bearing market worldwide ball bearings, roller bearings and plain bearings demand is expected to grow at an annual 8.5 percent growth rate in 2014 will reach about $ 76 billion.

2, to enhance the localization of major equipment manufacturing and strategic emerging industries to bring business opportunities