China's gear market is expected to reach 100 billion yuan in 2012

It was learned from China Machinery Industry Federation that gears are an important part of industrial equipment. China's gear industry basically consists of three parts, namely industrial gears, vehicle gears and gear equipment. Among them, the market share of vehicle gears has reached 60%; industrial gears consist of industrial general purpose, special purpose, and special gears, with market shares of 18%, 12%, and 8%, respectively; gear equipment accounts for 2% of the market share.

The consumption of gears is huge. There are more than 20 gears of different sizes for each car. Most of the automotive gears are made of gear steel 20CRMNTI. Only a small amount of limousine transmission gears are made of stainless steel, so the gear steel is synchronized with the growth of automobiles, ships, and construction machinery. In addition, the export of electromechanical products drives the demand for gears. In recent years, the export of mechanical and electrical products has increased by more than 30% annually, and the consumption of gears has increased by more than 25%. The market for special and special gear transmissions is also large, such as non-circular gears, powder metallurgy gears, and small module gears, and the demand for gear steel is not small.

As the gear industry matures and the downstream industries of gears, such as the automotive industry, continue to develop, the output value of China's gear industry in 2006-2010 will be close to 100 billion yuan.

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