Chinese single row ball bearing bearing manufacturing competition pattern and market share

(Chinese single row ball bearing bearing manufacturing competition pattern and market share)

At
present, the listed companies in the bearing manufacturing industry with single
row ball bearing mainly include Bush B (200706), Xiangyang Bearing (000678),
Wanxiang Qianchao (000559), Changsheng Bearing (300718), Longxi Stock (600592),
Wuzhou Xinchun (603667) ), Nanfang Bearing (002553), Su Zhou (430418), Jinxi
Axle (600495), Xinqianglian (300850), etc.

Chinese
single row ball bearing bearing manufacturing industry competition echelon

The
high-end market of Chinese single row ball bearing bearings is mainly occupied
by eight multinational bearing group companies, including Swedish company SKF,
German company Schaeffler (INA+FAG), Japanese company NSK, NTN, Minebea, NACHI,
JTKET, American company TIMKET, and so on. The single row ball bearing low-end market
in the bearing industry is mainly large-scale leading companies in China, such
as Renben Co., Ltd., Luoyang LYC Bearing Co., Ltd., Wenzhou B (200706),
Wanxiang Qianchao (000559), and other companies.

From
the perspective of geographical distribution, there are currently five major
clusters in the bearing industry of my country’s single row ball bearing,
namely Wafangdian Bearing Industry Cluster (mainly for the production of large
and super-large bearings), Liaocheng Bearing Industry Cluster (mainly for
bearing cages, steel Ball and general bearings), Suxi-Changzhou Bearing
Industry Cluster (mainly small and medium bearings), Luoyang Bearing Industry
Cluster (mainly medium, large and extra-large bearings), Zhejiang East Bearing
Industry Cluster (mainly small and medium bearings, Miniature bearings and
bearing accessories).

From
the perspective of the distribution of bearing production bases of the single
row ball bearing of leading enterprises, Shandong, Jiangsu, Henan, Zhejiang,
Sichuan, and other places have become the agglomeration areas of the bearing
production bases of leading enterprises, basically consistent with the
distribution of my country\’s five major agglomerations. Specifically, Renben
Group has production bases in Shanghai, Jiangsu, Zhejiang, and Sichuan
provinces. Wuzhou New Year (603667) and Wanxiang Qianchao (000559) are
basically distributed in the Yangtze River Delta, and Luoyang LYC\’s production
bases are mainly concentrated in Henan Province.

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
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and can provide customers with almost a full range of standard and non-standard
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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/

(Chinese single row ball bearing bearing manufacturing competition pattern and market share)