Demand for bearings in China will grow 13.8 percent annually through 2011 based on rapid gains in durable goods production, especially motor vehicles and industrial machinery. Commodity bearings such as deep groove ball and tapered roller types will remain the top exports. Unmounted roller bearings will grow the fastest.
This study analyzes the ¥65.5 billion Chinese bearings industry. It presents historical demand data (1996, 2001, 2006) and forecasts for 2011 and 2016 by product (e.g., ball bearings, roller bearings, plain bearings, mounted bearings); market (e.g., motor vehicles, industrial machinery, maintenance/repair/operations); and region (e.g., Central-North, Central-South).
The study also considers market environment factors, details industry composition, evaluates company market share and profiles 28 leading competitors, including SKF, Schaeffler, Wafangdian Bearing, C& U, Luoyang Bearing, and Harbin Bearing.