Miniature bearings are mainly used to support the host industry, including automobiles, home appliances, medical equipment and other industries. The development of related industries will drive the demand of the industry.
China's auto market has maintained a high-speed growth trend in recent years. From the perspective of car ownership, per capita income, and per capita car ownership, the car is still in the incremental market and has not been transferred to the stock market. According to the “Analysis of Production and Sales Demand Forecast and Transformation and Upgrading Report of China Bearing Manufacturing Industry 2015-2020” released by the Industry Research Institute of Forward Looking, it shows that the high growth rate of the auto industry still lasts for a period of time, and the future growth will not be lower than 15%.
With the miniaturization of motor vehicles, the corresponding parts products are increasing. Therefore, the automotive-related components market will continue to expand in the future. The development of automotive bearings will focus on safety, efficiency, and reduction of harmful substances. Automobile radiator cooling fan motors, wiper motors, exhaust gas recirculation system (EGR) valve frames, and anti-lock braking system (ABS) represented by the oil pump motor and its application system are the main applications of miniature bearings.
In particular, the ABS bearings were used only in high-end cars in the 1980s. They were then used as important safety-related products in the direction of miniaturization and popularization. They have been continuously used since the mid-1990s. At present, the main axis of the vehicle has been developed in the direction of multi-function and safety. Not only ABS is used to control the brake discontinuity, but also it is linked with a sensor that monitors driving conditions, and different braking forces are transmitted to the front, rear, left, and right wheels. On the safe control of driving. The future trend of miniature bearings This type of system is an ABS upgrade system. Different manufacturers have different product names such as ESC, EPS, VSC, and so on.
The development of the ABS system is a typical example of the development of automotive-related products. Miniature bearings will derive new applications as a result of the increasing safety and environmental protection requirements. The attempt to target hybrid vehicles and electric vehicles in the imported bearing market will create new types of automotive-related products. In this development, the areas involved in micro-bearings will continue to expand, and their precision will also continue to increase. With the continuous development of the Chinese auto industry, there is ample room for development of domestic companies.