During the "Eleventh Five-Year Plan" period, due to the active fiscal policy implemented by the state, there was an increased investment in fixed assets, particularly in infrastructure construction. This accelerated the development of metallurgy, electricity, construction machinery, building materials, and power, thereby expanding the demand for reducers. Recently, the General Machinery Industry Association of China's Reducer Branch learned that with further enhancement of the state's infrastructure construction efforts, China's reducer industry has experienced rapid growth in recent years.
With the country's focus on the mechanical manufacturing industry, the acceleration of the localization process, and the commencement of projects such as urban transformation and facility construction, the market outlook for cycloidal pinion reducers is promising. The entire industry is expected to maintain rapid growth, particularly with the significant increase in gear reducers, which is related to the majority of imported equipment being paired with gear reducers.
According to preliminary statistics, the professions with a high demand for reducer applications include: power machinery, metallurgical machinery, environmental protection machinery, electronic appliances, road construction machinery, chemical machinery, food machinery, light industry machinery, mining machinery, transportation machinery, construction machinery, building materials machinery, cement machinery, rubber machinery, hydraulic machinery, and petroleum machinery. The number of reducer products used in these professions accounts for 60% to 70% of the total number of reducer applications across all professions in the country.
According to the "Prospective Market Analysis and Investment Strategy Planning Report on China's减速机 Industry, 2014-2018" released by the Forward Industrial Research Institute, analysis shows: To enhance competitiveness, they have increased investment in purchasing testing and experimental equipment, expanded factory space, and rapidly improved processing capabilities and technical levels. At the same time, they also focus on talent cultivation and recruitment, and the company has begun to develop towards standardization and normalization.