Analysis of the development status and future trends of China's bearing single row ball bearing in 2020

The single row ball bearing overview

Bearing single row ball bearing is an important part of contemporary machinery and equipment. Its main function is to support the mechanical rotating body, reduce the friction coefficient during its movement, and ensure its rotation accuracy. The name of the bearing product is an important basic component industry in the equipment manufacturing industry. The single row ball bearing of the bearing is the fixed part of the machine. When other parts move relative to each other on the shaft, it is used to maintain the center position of the shaft and control the movement, and it is a component that plays a supporting or guiding role.

At present, China\'s bearing industry is developing relatively rapidly. During the "Twelfth Five-Year Plan" period, domestic bearing single row ball bearing production and demand will further increase, bearing industry products will be further optimized, and technical reforms will be increased in the manufacture of high-end bearings and high-quality bearings, and a good situation of simultaneous growth in quality and quantity will appear. The proportion of high value-added bearing products in bearing turnover will gradually increase.

The current status of the bearing single row ball bearing industry

Some bearing industry enterprises with large production scale, obvious management advantages, independent intellectual property rights of core technology, well-known brands and complete sales networks have emerged in the complex and fierce market competition, and the market has gradually concentrated on these advantageous enterprises. In 2019, the operating income of China\'s bearing enterprises above designated size was 177 billion yuan, a year-on-year decrease of 4.2%.

At present, China\'s bearing single row ball bearing industry has formed a professional production system with basically complete product categories and a relatively reasonable production layout, and has begun to enter a critical stage of moving from a large bearing country to a world bearing industry power. In 2020, China\'s total bearing output was 19.6 billion sets, a year-on-year decrease of 8.8%.

With the continuous improvement of the quality of China\'s bearing products, a number of high-quality bearing manufacturers have emerged, whose product quality has been comparable to that of internationally renowned brands, and the scale of export is also expanding. In 2020, the export volume of China\'s bearings was 5.887 billion sets, down 4.7% year-on-year; the number of China\'s bearing imports was 2.233 billion sets, down 6.8% year-on-year.

In 2020, China\'s bearing import value was US$3.645 billion, an increase of 1.3% year-on-year; China\'s bearing export value was US$5.321 billion, an increase of 1.3% year-on-year.

In the future, the market will have higher and higher quality requirements for bearing single row ball bearing, and users will pay more attention to product process control and pay attention to the quality and service of the single row ball bearing throughout the life cycle. The apparent demand for China\'s bearing industry in 2020 is 17.36 billion sets, a year-on-year decrease of 8.2%.

With the development of China\'s bearing industry, the product structure of bearings will inevitably change, and the polarization of enterprises will further intensify, and the proportion of its high-end products in the single row ball bearing will increase. In 2020, the market size of China\'s bearing industry was 155.724 billion yuan, a year-on-year decrease of 6.1%.

Analysis of problems and countermeasures in the industry development of bearing single row ball bearing

China\'s bearing industry has ranked third in the total number of bearings in the world in terms of industrial economic scale. Bearing manufacturing is a technology-intensive industry involving multiple disciplines and technologies. Among them, precision machining and manufacturing technology of bearing parts is one of its core technologies. While the development of the bearing industry is promising, we must also realize that compared with the world\'s bearing industry powers, China still has a considerable gap with the world\'s advanced level in terms of product accuracy and technical level.

With the continuous changes and adjustments of the bearing market, Chinese bearing companies must strengthen their construction and core competitiveness by continuously improving their independent innovation capabilities, technological research and development capabilities, and the level of process manufacturing technology, so as to realize the rapid growth of bearing output to high-quality manufacturing. The transformation of China has realized the transformation of China from a big bearing production country to a strong bearing production country.

Wuxi Spark Bearing Co., Ltd is a modern high-tech professional high-quality roller bearing manufacturer integrating R&D, manufacturing, sales, and service. Our bearings are mainly supplied to OEM customers in many industries, such as mining, petroleum, chemical, coal, cement, heavy machinery, wind power, construction machinery, and other industries. We have a complete supply chain and can provide customers with almost a full range of standard and non-standard customized bearings. Welcome to send an email or click on the product to send an inquiry for the latest price of related bearings. Looking for the single row ball bearing or get more information about any other bearings, please send an email to sales@spark-bearing.com. Or visit the following website: https:/www.spark-bearing.com/