Bearing is an important basic component of all kinds of mechanical equipment. Its accuracy, performance, life and reliability play a decisive role in the accuracy, performance, life and reliability of the host. Among mechanical products, bearings are high-precision products, which not only require comprehensive support from mathematics, physics and other disciplines, but also require material science, heat treatment technology, precision machining and measurement technology, numerical control technology, effective numerical methods and powerful computers. Technology and many other disciplines serve it, so the bearing is a product that represents the national scientific and technological strength.

After the outbreak of the international financial crisis in 2008, in response to the financial crisis, the state adopted a proactive fiscal policy of increasing investment in infrastructure and stimulating economic development. Benefiting from the development of related industries, the production and sales of bearings have expanded rapidly, the profit level has been improved, and the development of the industry has accelerated significantly. According to the "China Bearing Manufacturing Industry Production and Sales Demand Forecast and Transformation and Upgrading Analysis Report" released by the Prospective Industry Research Institute, in 2011, there were 1,416 enterprises in China's bearing manufacturing industry (annual sales revenue of more than 20 million yuan), which achieved industrial production throughout the year. The total output value was 193.211 billion yuan, a year-on-year increase of 27.59%; the sales revenue was 191.097 billion yuan, a year-on-year increase of 30.30%; the total profit was 12.523 billion yuan, a year-on-year increase of 26.54%.

In recent years, world-renowned enterprises have entered the Chinese bearing market one after another and established production bases, such as Sweden's SKF Group, Germany's Schaeffler Group, American Timken Company, Japan's NSK Company, NTN Company, etc. These companies not only operate globally, but also manufacture globally. With their advantages in brand, equipment, technology, capital and production scale, they have launched fierce competition with domestic bearing companies. At present, domestic enterprises are mainly engaged in the production of general-purpose bearings, and there are few special-purpose and high-end bearing manufacturers, and the technology is not yet mature. Therefore, if domestic enterprises want to compete with foreign advanced bearing brands, or even surpass them, they still need to go through a long period of development in terms of technology.

During the "Twelfth Five-Year Plan" period, the effect of the national macroeconomic policy will continue to be manifested, the domestic economic growth will remain strong, the international market will also recover slowly, and the economic stabilization and recovery momentum will gradually increase. The development of the national economy will stimulate investment in infrastructure construction, which in turn will promote the development of industries such as metallurgy, electric power, construction machinery, building materials, and energy. Development provides policy support, and the demand for bearings in these industries will gradually expand. In addition, the country attaches great importance to the equipment manufacturing industry and the localization trend of bearings is becoming more and more obvious, and my country's bearing market will usher in a broader space for development. At the same time, with the development of my country's bearing host industry, the product structure of bushings will change, the proportion of high-end products in the product will increase, and the unit sales price will also increase. It is estimated that by 2015, my country's bearing output is expected to exceed 28 billion. The main business income is expected to reach 210 billion yuan, becoming the world's largest bearing production and sales base.

As the competition in the bearing manufacturing industry continues to intensify, mergers and acquisitions and capital operations among large bearing manufacturing enterprises are becoming more and more frequent, and domestic excellent bearing manufacturing enterprises are paying more and more attention to the research on the industry market, especially the industrial development environment and products. Buyer's in-depth research. Because of this, a large number of domestic excellent bearing manufacturing brands have risen rapidly and gradually become leaders in the bearing manufacturing industry!