High-end bearing demand is increasing substantially

At present, the demand for high-end bearings is now increasing significantly, such as ball screw support precision angular contact ball bearings, aerospace bearings, precision bearings for the photovoltaic industry machine tools, high-speed spindle bearings, turntable bearings, wind power bearings, rolling mill bearings, high-speed steel bearings , automotive bearings, pulley bearings for cranes, turbocharger bearings, hydrodynamic bearings, etc. The rapid development of the bearing forging industry in China has a more positive effect on the smoothness of the bearing steel market.

Bearings are a critical component in contemporary machinery and equipment. Its main function is to support the mechanical rotating body to reduce the mechanical load friction coefficient of the equipment during the transmission process. Bearings can be divided into two types of rolling bearings and plain bearings.

After the founding of New China, under the strong promotion of reform and opening up, the bearing industry entered a brand-new period of high quality and rapid development. It has achieved a development strategy from small to large and from weak to strong, forming a basically rational layout, large, medium and small. The relatively complete industrial system where enterprises coexist and product categories are relatively complete.

At present, as the country attaches great importance to the equipment manufacturing industry and the trend of bearing domestication is increasingly obvious, China's bearing market will usher in a broader space for development.