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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 advancement of industrial upgrading, the market demand for domestic bearing products has continued to expand. Data show that in 2023, my country's domestic bearing production reached 27.5 billion sets, a year-on-year increase of 6.18%. Industry insiders predict that in 2024, my country's domestic bearing production will increase to 29.6 billion sets and maintain a steady growth trend2. In addition, the domestic bearing industry is developing in the direction of high-end, intelligent and green, especially in the fields of new energy vehicles and intelligent manufacturing. The increasing demand for high-performance and high-reliability bearings has promoted the overall development of the industry.

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