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Domestic bearing industry continues to expand market demand.

2024-10-16

In recent years, with the rapid development of the manufacturing industry and the progress of industrial upgrading, the market demand for domestic bearing products in our country has continued to grow. Data shows that in 2023, domestic bearing production in our country reached 27.5 billion sets, marking a year-on-year increase of 6.18%. Industry insiders predict that in 2024, domestic bearing production in our country will rise to 29.6 billion sets, maintaining a steady growth trend. Additionally, the domestic bearing industry is evolving towards high-end, intelligent, and green directions, particularly in the fields of new energy vehicles and smart manufacturing. The growing demand for high-performance and high-reliability bearings has spurred the overall development of the industry.

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