Suma Precision Machinery

Foreign Bearing

In 1883, Friedrich Fischer, founder of FAG (now the Schaeffler brand), proposed the use of suitable production machines to grind steel balls of the same size and with accurate roundness.This laid the foundation for the creation of an independent bearing industry.

In 1895, Henry Timken designed the first tapered roller bearing, which was patented three years later and founded the Timken Company.

In 1907, Sven Wenquist of SKF Bearing Factory designed the first modern self-aligning ball bearing.

The two world wars stimulated the development of the military industry, and the status of bearings in the military industry has become increasingly prominent. Bearings are widely used in many fields such as automobiles, airplanes, tanks and armored vehicles, machine tools, instruments, meters, bicycles and sewing machines.During the Second World War, a large number of bearing plants appeared successively in various countries.The development of modern science and technology has promoted the innovation and development of bearing technology.After 130 years of accumulation, foreign bearing industry has been very mature, performance, precision, increasingly mature and perfect.

China's bearing industry has only been in existence for 40 years, and it started much later than the advanced western countries.With the development of the society, the types and specifications of bearing manufacturing technology in China are gradually in line with the international standards, and the production line is also more comprehensive.However, due to its late start, China's bearing industry obviously lags behind the international advanced level. Although the export volume is large, it mainly focuses on middle and low-end products and imports a large number of high-end bearings.

According to the statistics of the import and export of rolling bearings by the customs, it can be seen that the export of rolling bearings is higher than the import, while the import and export both increase, and the export exceeds 34 billion yuan.The increase in both import and export of bearings in China also shows the steady demand and development of the bearing industry.While most of the exports made in China belong to middle and low-end products, and high-end products are highly dependent on imports.By observing the relationship between bearing sales and import in China, it can be found that there is an obvious positive correlation between the two, indicating that the bearing market in China is highly dependent on import.

Since the 1980s, the world's large bearing companies began to invest and set up factories in China to expand sales. Domestic enterprises also received orders for primary products from various major bearing companies, so they were dependent on foreign companies.

Domestic Bearings

More than 70% of the world bearing market share is Shared by the top ten multinational bearing group companies.The United States, which accounts for 23% of the global market, the European Union (21%) and Japan (19%) are dominated by five major companies such as NSK of Japan, two companies such as SKF of Sweden and FAG of Germany, and several companies such as Timken of the United States.At the same time, the high-end market of the world bearing industry is monopolized by the above enterprises, while the middle and low-end markets are mainly concentrated in China.

It can also be seen from the income scale and growth rate of the domestic bearing industry that in the past 15 years, the income scale of the domestic bearing industry has been expanding, and the growth rate of the operating income has been continuously increasing, maintaining a good growth momentum.The improvement of gross profit margin and net profit margin comes from the improvement of enterprise management efficiency, and more importantly from the development of high-end market by domestic bearing enterprises to strive for higher profits, rather than just low profit processors in middle and low-end industries.

Policy Promotion

During the 13th Five-Year Plan period, China's policy will continue to guide capital to invest in key areas of the bearing industry, drive the bearing industry to incline to high-precision, high-tech and high-value-added products, and accelerate the upgrading of the bearing industry.Driven by the development of rail transit, medical equipment, new energy, aerospace, automotive lightweight and other fields, China's high-end bearing casting industry will be significantly improved.With the shift of global manufacturing center to China, the development of China's high-end bearing industry has strong momentum, and the requirements for domestic high-end bearing manufacturers are increasingly high.At present, China's bearing casting industry must focus on improving product grade and reducing manufacturing cost to realize the strategic transformation from "big" to "strong".

Relevant national laws, regulations and policies

Among the key development fields of "Made in China 2025", high-end CNC machine tools and robots, aerospace equipment, advanced rail transit equipment, energy-saving and new-energy vehicles, agricultural machinery and equipment and other fields have a good supporting role for the bearing industry.

The law of the People's Republic of China on the 13th five-year plan for national economic and social development program to promote advanced semiconductor, robot, increase material manufacturing, intelligent systems, a new generation of aviation equipment, space technology, comprehensive service system, intelligent transportation, precision medical, efficient energy storage and distributed energy system, intelligent materials, high efficiency and energy saving, environmental protection, virtual reality and interactive television emerging frontier areas such as innovation and industrialization, the formation of a batch of new growth point.