Brake development prospects

The downstream industries of the industrial brake industry are mainly equipment manufacturing industries such as lifting and transportation machinery, metallurgical equipment, mining equipment, construction machinery, wind power and nuclear power equipment, ships and offshore heavy industry. Benefiting from the revitalization and development of these industries, the industrial brake industry will We are welcoming another round of sustained and healthy development opportunities. China's industrial brake industry will maintain an annual growth rate of 10%-20% in the next few years.

According to the forward-looking report of China's brake industry market demand and investment planning analysis report issued by Qianzhan.com, according to China's “Twelfth Five-Year” development norms, the relevant arrangements for promoting the leap-forward development of key areas, high-end equipment manufacturing, new energy, new materials and other strategic Emerging industries will continue to be the key areas for China's vigorous development. The state's regulation of the equipment manufacturing industry will help promote the development of China's brake industry. In addition, due to the steady growth of the economy in 2011, China's GDP will be 9.5% in 2011, and the production and sales of automobiles are expected to continue to increase significantly; in 2011, the total demand for the national automobile market is expected to reach 20 million. Based on comprehensive judgment, China's auto sales growth rate in 2011 is 10%-15%, which will drive the development of the brake industry demand market. It is estimated that the market size of China's brake industry will maintain an annual growth rate of 15%-25% in the next five years.

With the revitalization and development of the equipment manufacturing industry, the output of domestic brakes has also increased significantly, and the sales revenue of the brake industry has increased simultaneously. Due to the late start, weak technical foundation and limited capital investment, China's brake products are mainly low-end products. A small number of leading companies in the industry adhere to independent innovation and increase investment in research and development. They are developing towards medium and high-end products with high technology content. The market share of brake medium and high-end products is gradually increasing, and the profit rate of medium and high-end brake companies is on the rise; The low-end products manufacturers are due to the large number of manufacturers, the competition is fierce, the price is declining, and the prices of major raw materials such as steel fluctuate, and their profit growth rate slows down.