轴承Global and China Bearing Industry Report, 2009-2010.pdfVIP

Global and China Bearing Industry Report, 2009-2010 In 2009, affected by the global financial crisis, the global sales of bearings fell by 12.5% year on year to USD34 billion; due to the continuous downturn of the automotive industry, the contribution of automotive bearing to the total sales of bearings dropped to less than 30%, while the machinery bearing’s grew to over 40%. At the same time, the world’s eight major bearing companies all saw sales decline, as shown below: Sales and YoY Growth Rate of Eight Major Bearing Manufacturers in the World, (FY) 2009 Source: ResearchInChina By contrast, China has maintained rapid growth driven by the strong market demand. In 2009, Chinas roller bearing output reached 12.51 billion sets, up 15.1% year on year; the apparent consumption reached 11.13 billion sets, up 21.8% year on year; the import value increased by 5%. This report analyzes the status quo of bearing markets at home and abroad, and focuses on the demand and enterprise competition in market segments including automotive bearing, railway bearing, wind power bearing and so on. 1. Automotive Bearing The rapid development of China’s automotive industry has promoted significant increase of demand for automotive bearing in recent years. China sold 13.64 million cars and 680 million sets of automotive bearings in 2009. In 2010, China is expected to sell 17 million cars and 850 million sets of automotive bearings, given each car needs about 50 sets of bearings (including those for maintenance and repair). 2. Railway Bearing In 2009, the operating mileage of Chinas railway reached 86,000 km,