China's gear industry industry chain, related policies and market scale trend analysis

Gear products are the key general parts, steel is the main raw material of gear manufacturing, widely used in power tools, fuel vehicles, new energy vehicles, robots, smart home, medical equipment, security and other fields.

National policy to support and encourage the development of the industry, will further expand the market demand for gear, promote the overall product quality, drive the industry from the low-end product competition to precision quality and service competition, promote the benign development of the gear industry, for the development of the issuer provides a good external policy environment.

In recent years, China's gear industry has maintained a rapid and stable growth trend, in 2021, China's gear market size of 314.3 billion yuan.

In the future, China's gear industry will continue to maintain stable development, and it is expected that China's gear market size will reach 335.4 billion yuan in 2022.

China is a big country of gear production and marketing. From the production end, the industry concentration is low.

Generally speaking, the overall innovation ability of the gear industry is gradually improving, and the production of products are in the process of transforming from the low-end to the high-end.

From the consumer side, gear is mainly used in power tools, aerospace, precision machinery, automobile, robots, smart home, medical equipment, security, rail transit and other fields.

These equipment on the gear and gear device accuracy, reliability, transmission efficiency, service life requirements are higher and higher.