Spring industry market development:
Daily hardware market demand is strong
The daily necessities industry and the hardware industry, including lighters, toys, locks, door hinges, fitness equipment, mattresses, sofas, etc., have the largest demand for springs in terms of quantity, tens of billions, and the technical requirements are not high, and the price is very high. Low, generally produced by small spring factories scattered across the country, they have unique advantages in cost, and it is difficult for large spring factories to compete with them. In recent years, the domestic market has a strong demand for daily hardware products, which has driven the growth of supporting springs Therefore, new spring companies are born from time to time. In the future, market demand will grow at a rate of 7% to 10% per year. After China’s entry into the WTO, the export volume of daily hardware products has increased significantly, and the demand for springs will be driven by the international market. The impact of market demand and trade barriers, the international market has its uncertain side.
Although the spring is small, as a general-purpose basic component, it has a large quantity and a wide range of varieties, and its application fields involve almost all fields of the national economy, making a huge contribution. In recent years, the rapid development of China’s national economy has also driven the rapid growth of China’s spring industry. Experts predict that this growth trend will continue, and the industry-wide sales will exceed 4 billion yuan by 2010. According to analysis, there are currently five major markets for spring products: transportation, daily hardware, instrumentation and Electronic appliances, industrial and mining accessories, overseas export markets.
The transportation market has the strongest driving force
The transportation market, including the provision of supporting and maintenance parts springs to industries such as automobiles, motorcycles, diesel engines and railways, is the most important and promising market in the spring industry at present, with sales close to 40% of the entire industry, and only the automotive industry In 2002, the demand for suspension springs was 7 million pieces, 100 million pieces of valve springs (including motorcycle and diesel engine manufacturing), and 1.2 million stabilizers. In 2002, the total sales of springs for supporting and providing maintenance parts for these industries exceeded 1 billion yuan. .
In the next 5-7 years, China’s automobile industry will enter a stage of rapid growth, with an annual growth rate of 15% to 25%. In 2003, the demand for suspension springs is expected to be close to 10 million, and the demand for stabilizers is 1.6 million. The rapid development of the industry has had an obvious pulling effect on the spring industry. It has become the largest user of the spring industry and has attracted the attention of foreign spring counterparts. In addition to a few foreign capital and joint ventures that have entered the Chinese market first, the Japanese Clockwork Co., Ltd. The club and the Central Spring Co., Ltd. have also entered China and must have a place in this market.
There is also a major potential market in the spring industry is the railway system. With the deepening of the reform of the railway system, the gradual opening of the market and the implementation of the high-speed railway plan, the vehicle shock absorption system is facing upgrades, and the railway line needs to install new shock and noise reduction Components, will bring huge business opportunities to the spring industry. Some companies have been listed as the designated units of high-speed train springs by the Ministry of Railways, and some units are developing rubber-metal composite springs for vibration and noise reduction of high-speed railway tracks. The market of the system has just begun to open to the external system, although the degree of openness is not large, the potential is considerable.
In the next few years, the motorcycle industry will not have much growth, and will still maintain the current annual output of 13 million units. The demand for motorcycle shock absorber springs and clutch springs will remain at the level of 50 million and 40 million. The increase in requirements, the decrease in the proportion of two-stroke motorcycles, and the increase in the proportion of four-stroke motorcycles, will bring a certain increase to the valve spring.