Large imported bearings have 6 major application areas which are called “six gold blossoms”. These are computer mathematical control bearings, railway car bearings, mine and also metallurgy bearings, design equipment bearings, vehicle bearings and wind power bearings.
The first group is the product that is utilized in the computer mathematical control machines. At the end of the 11th Five-Year plan, the marketplace share of the computer mathematical control raised from 30% to 50%. Based upon the 2.1 billion that was attained at 2005, the total number will reach about 7.89 billion at 2010. It means that the boosting price has to do with 30% every year. At the year of 2001, there were about 17521 computer system mathematical control devices, while regarding 85000 at 2006. The rise is extremely noticeable. And also it is predicted that the number of the machines will certainly continue enhancing. Consequently, there will certainly be a growing number of bearings that could be utilized in these makers. Amongst all the groups, the primary shaft bearings are high value-added items. They could gain much more advantages; therefore, an increasing number of bearing factories prepare to make this sort of product.
The second classification is used in the railway cars. According to the 11th five-year plan, there will certainly be an increasing number of cars at the year of 2010. Thus, bearings that are used in the train lorries have a brighter future.
The third one is utilized in the mine as well as metallurgy locations. The quick growth of the equipment industry results from the more needs of the power, mine and metallurgy sector for the total sets of equipments. From 2002 to 2006, the tools made use of in the mine and metallurgy have an annual increase of 40%. For that reason, the demands for the sturdy bearings will be raised too.
The fourth kind is the bearing that could be utilized in the engineering machinery. Pushed by the rise of the export demands, the engineering machinery creates rather promptly. It is anticipated that the boosting price of the engineering equipment will certainly get to regarding 23% at 2007. So, with the development of this industry, the design equipment bearings will certainly maintain the growth also.
The fifth type is used in the automobiles. It is evident that cars apply a great deal of automobile bearings. As we can see, with the development of the economy, a growing number of people could pay for cars and trucks, therefore, the automobile sector is created rather swiftly which will result in the application of even more bearing products.