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China's Gear Industry Is Developing Rapidly And Hitting The World

Dec 08, 2018

After nearly 10 years of development, China's gear products have made great progress. Many products have reached or approached the international advanced level, but there are still a large part of gear and gearbox products, which are far from the international advanced level in terms of vibration noise and fatigue life. Obviously, this is closely related to gear materials and heat treatment equipment and process level. These problems have become the bottleneck for Chinese gear products to catch up with international standards.

During the "11th Five-Year Plan" period, the total output value of China's gear industry increased from 25 billion yuan to 50 billion yuan, with an average growth rate of nearly 20%. It has doubled in five years, ranking fourth in the world, with more than 50 companies with sales scale of over 100 million yuan. The concentration of the industry has increased significantly. In 2006, the annual output value of China's gear industry was 59 billion, of which the proportion of vehicle gears was as high as 2/3. The driving force of the automobile industry is an important support for the development of gear molds.

With the maturity of China's gear industry and the downstream development of gear industry, such as the automotive industry, the gear industry's output value will reach 100 billion yuan in 2006-2010, ranking in the world's "three guarantees two", 2011-2015 In the year, we strive to rank in the world rankings.


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