Asia Pacific region in the next two years, the demand for bearing capacity

Date: 2022-08-02

According to Mel Lun shock absorber bearing learned industry research firm on the global bearing market forecast analysis report shows that global ball bearings, roller bearings and sliding bearings of demand is expected to will be at a rate of 8.5 per cent a year of growth, to reach $760 billion by 2014, which unloading type ball bearings and roller bearings are the greatest demand. The Asia Pacific region is the most robust growth momentum. Raw material prices become more reasonable, and developing regions manufacturers to bring the growing pressure from international competition, these are from a certain extent, stabilize the price increases.

Meilun shock absorber bearing said the report pointed out that the growth of the demand for bearings in the Asia Pacific region will be the strongest, which the demand of bearing in China will to 12.0% annual growth rate of row in the first place. The growth of China's bearing demand has benefited from its industrialization, and continued growth in the manufacturing sector. As of 2009, China has become the world's largest motor vehicle manufacturing power, this is undoubtedly a good opportunity for the bearing manufacturers sales growth. The report predicts that by 2014 China's bearing demand will account for nearly 50% of global demand, and in 2019 than in North America, Western Europe, and Japan's three largest country of demand

From the previous development situation, the demand for bearings in the United States, Western Europe and Japan and other developed regions growth compared with developing countries, has slowed down; but in 2014, Meilun shock absorber bearing learned the situation do not occur in the world, the developed areas, because many developed countries durable goods manufacturing (especially motor vehicles in 2007 ~ 2009 frustrated slumped, bearing demand rebounded. With the strong recovery of motor vehicle, and durable goods manufacturing rapid growth, these areas bearing demand will also increase.