Date: 2013-07-31

China has about 4,000 to 5,000 Bearing Manufacturing Enterprises

The medium and high end products of China bearing enterprises such as ZWZ, LYC and HRB, etc. have taken a larger proportion and the product quality is stable and reliable. The products of the ordinary bearing enterprises are mainly used in the medium and low end automobile market. On the aspect of truck bearing supporting, the domestic trucks mainly use the localized products. On the aspect of passenger cars bearing supporting, most small-displacement, low end cars use localized products, while the high end cars use the products of foreign brand.

At present, automobile bearing industry has formed many backbone providers such as ZWZ, LYC, HRB, Wanxiang Qianchao, Xiangyang Bearing and Hailin Bearing, etc. Generally, the industry develops fast. However, compared with the world bearing developed country, the bearing industry in China still has some distance, which mainly manifested in high precision, high-tech content and high value added products have taken a small proportion. It is learned from China Bearing Industry Association (CBIA) that the bearing under famous brand in China takes larger business car bearing market, in which 30% is high precision and high-tech products.

The relevant data from CBIA indicated that there are about 4,000 to 5,000 bearing manufacturing enterprises in China, in which 1,750 enterprises have the sale scope of 5 million yuan and above. As the requirement of automobile bearings is relatively high, at present, there are only 30 bearings enterprises can provide support to automobile industry.

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