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The high-end bearing industry will be the result of import substitution

Release date: 2019-05-15 11:10:19 Visits: 144

Most of China''s high-end bearing enterprises are relatively backward in terms of R&D strength and production technology. Only a small number of enterprises with strong R&D strength and leading production technology have the strength to produce high-tech high-bearing bearings. The shortage of production capacity has caused a serious shortage of supply. The problems are the main reasons for the structural imbalance between high-end bearing supply and demand.

At present, only a few companies such as Axis Research and Technology can mass produce this grade of products, and the market has a huge replacement space in the future. The application ratio of CNC machine tool electric spindle in China is less than 10%, far lower than the level of developed countries. At present, the domestic manufacturers of mass-produced CNC machine tool spindles are only a few companies such as Axis Research and Technology, and most of them need to be imported. The "plan" will help speed up the high-end bearing import replacement process. According to the plan, the bearing industry will reach 222 billion yuan in sales by 2015 and CAGR = 13.2% in the next 5 years.
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