Recently, SKF Bearing China’s market is very quiet.
Multinational SKF Bearing company SKF Bearing China’s key manufacturing enterprises in a series of acquisitions, as well as mergers and reorganizations among domestic enterprises, so that the domestic automotive bearing market structure and competition pattern has become complicated and confusing. At the same time, multinational bearing the company’s investment in China is accelerating the pace of the new joint venture, one after another.
In the SKF global Board of Directors held during the two new joint ventures have started again, SKF to invest in China’s enterprises from 6 to 8.
China is the world’s fourth largest bearing market, bearing also the main producing country in the world bearing the eight multinational companies have joint ventures or wholly-owned factories in China, domestic competition, international competition became the main characteristics of bearings. In the course of joint ventures and mergers and acquisitions, China’s bearing industry is a step by step integration into the world bearing industry chain. In the industry chain, to occupy any position, play a decisive role of technology and capital strength. From the existing situation, the technical strength of the role of market segmentation is more obviously a number.
SKF Johnston, president and CEO, believes that the biggest change in China’s auto market is “the requirements of our customers have with the world.” This change of SKF auto bearings and other transnational companies to quickly enter the Chinese market offers opportunities.
In recent years, rapid development of China’s automobile industry, auto industry, new models faster each year, many of the world the latest models landing of China’s market, the domestic parts industry, auto industry demands to the product and R & D to “with the world.” However, China’s auto parts industry lags behind in vehicle development, and unable to meet the needs of car manufacturers, a huge market space quickly with advanced technology and products bearing the company accounted for cross-border.
In order to wheel bearings, for example, in 2005 China’s car production in 2.8 million or so, when there are more than 120 new cars listed. Among them, crowding together high-class cars is available. The required first and second generation wheel bearings largely by foreign joint ventures or wholly owned enterprises. SKF factory in China not only for Shanghai Volkswagen, FAW – Volkswagen, Dongfeng Citroen, Shanghai GM, Chang’an Ford and other supporting, but also for China’s own brand cars (Brilliance, Chery, Chang’an, etc.) supporting. In this case, with advanced technologies and products of transnational corporations to easily access to the domestic market and accounts for the high-end sedan market matching.
Progressive realization of the unit-based, modular, automotive bearing products trends. This year, SKF’s new factory located in Shanghai’s Jiading soon opened a can produce third-generation wheel hub bearing units of production line has been installed. According to SKF Automotive Bearing Co., Ltd. Managing Director Zhu Ying Jian introduced, in addition to producing the third generation hub bearing units, SKF any new product are likely in the new plant. The new plant not only focus on the improvement of production capacity, but also to add new technology and new products in the Chinese market applications.
Rely on a strong technical strength, SKF has already begun to enter the Chinese commercial vehicle market.
The face of transnational aggressive posture bearing manufacturer, bearing our own brand manufacturing enterprises unwilling to retreat in the low-end market is no longer pursuing a separate production capacity increased, but to step up in technological innovation, technological progress and changes in the way industries work hard to economic growth .
Xiangyang Automobile Bearing Group Corporation (domestic backbone of automotive bearings manufacturer) cars bearing factory to start mass production this year, most recently a number of orders as high as 10 million units, it has had for the Fukang, Jetta, Beijing Hyundai, Chery, Xiali, Blue Jays, etc. production of a number of models bearing the technical strength, car-hsiang shaft bearings are becoming a new economic growth point. Wanxiang Group has formed a third-generation wheel hub unit of high-volume production capabilities, and achieve for a number of international and domestic cars and domestic major supporting micro-depot. Luo Axis Group, wheel bearings project, LYC large heavy-load bearing technology projects this year focus on investment projects in Luoyang.
Cross-bearing manufacturer in China to seize the bearings in the high-end market, China’s enterprises in the face of pressure, while also facing the opportunities.
In order to reduce costs, cross- ball bearing manufacturer in China, while expanding the scale of production and train a group of local suppliers, and to a number of technology transfer over. According to reports, the current, SKF’s products manufactured in China have all been achieved localization, to be established SKF Shanghai Jiading new plant will soon achieve 100% localization of the procurement. Not only that, SKF also purchased from local Chinese companies export abroad.
According to expert analysis, for China’s auto bearing manufacturer for independent innovation should be more promotion of walking the introduction, absorption, digestion and re-innovation of the road, because technology development is directly proportional to the accumulation and experience, through a joint venture to study abroad advanced technology will help China’s bearing industry, from large to strong.
China’s automotive bearings market, competition is far from over, the high-end sedan market in China, take advantage of joint ventures and wholly-owned enterprises have been concerned about the domestic commercial vehicle market; while bearing our own brand car manufacturers are also very difficult circumstances the next step by step into the car bearing the market. It can be predicted, the Chinese bearing market, the competition will be even more intense, the situation will be even more complicated.
However, cold wait and see the Chinese clutch release bearing market, of the game, the result is twofold: First, China’s market will be bigger and bigger bearings, in the international market position and influence will gradually increase; two local enterprises in China’s technical strength will be in the competition, a new high level.
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