Current Situation Of The Bearing Industry

According to the data from the "Production and Sales Demand Forecast and Transformation and Upgrading Analysis Report of China's Bearing Manufacturing Industry", the total industrial output value of China's bearing manufacturing industry showed an annual growth trend from 2009 to 2013. In 2013, the industry achieved a total industrial output value of 249.363 billion yuan, a year-on-year increase of 12.92%.
Analyzing the data from the past five years, it was found that the sales revenue of China's bearing manufacturing industry increased year by year from 2009 to 2013. In 2013, the sales revenue reached 249.012 billion yuan, a year-on-year increase of 11.80%.
China's bearing industry has developed rapidly, with a variety of bearing products ranging from few to many, product quality and technical level ranging from low to high, and industry scale ranging from small to large. A professional production system with a basic range of product categories and a relatively reasonable production layout has been formed.