Gears and their gear products are important basic parts of mechanical equipment, and most of the main transmission components of complete sets of mechanical equipment are gear transmissions. With the rapid development of the national economy, the total annual sales of the entire industry has exceeded 100 billion yuan, forming an industry pattern in which multiple companies coexist and develop together. Among them, leading enterprises and backbone enterprises have become important forces to promote the improvement of industry management level, product technical quality level and independent innovation capabilities, and have made outstanding contributions to building my country from a large gear manufacturing country to a gear manufacturing power.
According to the (China Gear Industry Production and Sales Demand Forecast and Transformation and Upgrade Analysis Report), China's gear transmission industry has developed rapidly during the "Eleventh Five-Year Plan" period. More than 20 percent . In 2010, the entire gear industry achieved a total industrial output value of 94.635 billion yuan, and the market demand for the gear industry exceeded 140 billion yuan, ranking second in the world. From the perspective of various factors such as scale and sales, the gear industry has become a "leading" industry in the field of basic parts of China's general machinery parts. China has become a veritable world gear manufacturing country.
At the end of 2011, my country had 2,319 manufacturers of bearings, gears, transmissions and drive components, with total industry assets of 248.316 billion yuan, an increase of 20.59 percent year-on-year. In 2011, my country's above-scale bearing, gear, transmission and drive component manufacturing industrial enterprises achieved main business revenue of 314.4 billion yuan, a year-on-year increase of 28.00 percent ; realized total profits of 23.04 billion yuan, a year-on-year increase of 22.08 percent .
In the first half of 2012, the national gear output reached 976,900 tons, a year-on-year increase of 47.14 percent . In June 2012, my country produced 180,000 tons of gears, a year-on-year increase of 50.18 percent .
China is in a period of accelerated development of industrialization, marketization and urbanization, and is also in a period of consumption expansion and structural upgrading. The equipment manufacturing industry will usher in rare development opportunities and provide a huge market space for the development of gears. The "Twelfth Five-Year Plan" is a golden period for the development of my country's gear industry, and the industry should accelerate its progress toward the goal of "from big to strong".
