According to the industry survey company's forecast analysis report on the global bearing market, the global demand for ball bearings, roller bearings and plain bearings is expected to grow at an annual rate of 8.5%, and will reach $76 billion by 2014, including unloading. Ball bearings and roller bearings are the most demanding. In 2011, the largest increase in the number of bearings without bearings will be attributed to the increase in the output of motor vehicles and industrial machinery as well as the demand in the OEM and aftermarket. The growth rate of demand for ordinary bearings and mounted bearings without seats will also exceed the average. Ordinary bearing demand will benefit from the growth of its main market, the production of motor vehicles and industrial machinery. Ordinary bearing design has been continuously improved, and its price is lower than that of rolling element bearings, so sales can be improved. Sales of mounted bearings are also driven by industrial production, especially in the construction, mining and oilfield markets. Due to the sustained economic growth and the increase in fixed asset investment in many developed countries around the world, the bearing market will see a new growth trend. In addition, with the gradual retreat of the economic crisis in 2009, the economic rebound of the world's economies, manufacturing and motor vehicle production have increased compared with the data of 2004-2009 (2004-2009 global motor vehicle production decline). However, the price of the bearing will not increase as much as during the period of 2004-2009, but will remain stable. This is mainly due to the rationalization of raw material prices and the increasing international competitive pressure brought by manufacturers in developing regions, which have stabilized the price increase to some extent. Asia-Pacific region has the strongest growth momentum The report pointed out that the growth of bearing demand in the Asia-Pacific region will be the strongest, with China's bearing demand ranking first at an annual growth rate of 12.0%. The increase in demand for bearings in China is due to the continuous advancement of its industrialization and the continued growth of the manufacturing industry. As of 2009, China has become the world's largest motor vehicle manufacturing country, which undoubtedly created an excellent opportunity for bearing manufacturers to increase sales. The report predicts that by 2014 China's bearing demand will account for nearly 50% of global demand, and in 2019 surpass the combined demand of North America, Western Europe and Japan. From the past developments, the growth of bearing demand in developed regions such as the United States, Western Europe and Japan has slowed down compared with developing countries; however, before 2014, this situation did not appear in all developed regions of the world. Bearing demand has rebounded after many developed countries' durable goods manufacturing (especially motor vehicles) suffered a setback and slumped in 2007-2009. With the strong recovery of the automotive industry and the rapid growth in durable goods manufacturing, bearing demand in these regions will also increase. Considering that many everyday applications require bearings, extending bearing life and improving bearing performance to reduce the generation of waste during operation, 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. It is also worth noting that the bearing industry has an important guiding role for engineers in developing new designs. In this revolution, bearing manufacturers also shoulder the heavy responsibility of providing the teaching materials to ensure the correct and efficient use of the equipment by end users, helping users and engineers understand the bearing characteristics to achieve the best mechanical performance is the final interpretation of green: Minimize human impact on the environment and achieve sustainable development. Concerned about surprises Tag: Bearing life Bearing market Demand Bearing industry Bearing manufacturer Previous: Four factors prompted the export of hardware and tools products to steadily recover. Next: Domestic hardware decoration and decoration business and product structure profound changes When you look up, do you feel that your ceiling is too dark and feel depressed? Do you think the sky above the corridor is a little scary?
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