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Date: 2013-08-01

Traditional Markets to Drive Bearings Export Growth

(June 29, 2011)

Bearings suppliers are expecting increases of 10 to 30 percent, with OEM orders accounting for the bulk.

Bearing suppliers in China are looking forward to a double-digit surge in exports this year. Some are anticipating growth to reach 30 percent as healthier economic conditions spur demand from various industries, particularly the automotive and machinery sectors.

To realize sales forecasts, many companies will fortify their positions in the OEM segment. Several intend to focus efforts on models with external diameters smaller than 200mm, avoiding direct competition with multinational players such as SKF, FAG and NSK. The target applications include small and midsize machinery, construction equipment and vehicles.

A number of enterprises are also hoping to boost sales to manufacturers of large machines and high-precision instruments. Such companies are a minority, however, since the strategy requires investment in automatic production lines and other advanced facilities.

Geographically, most suppliers will continue to emphasize the Asia-Pacific region, Europe and North America, which have well-developed industrial sectors. In the six-month period ending April 2011, these areas accounted for more than 85 percent of China


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