Assessment of China's Market for Sliding Bearings
BEIJING- February 12, 2010 – GCiS China Strategic Research has published a study of the China market for sliding bearings. This study covers seven types of sliding bearings that make up most of the domestic market. An analysis was conducted on the markets for these components in the four biggest end user industries, namely automotive, construction, agriculture and shipbuilding. Over 80 key manufacturers, both foreign and domestic, distributors and channel players were interviewed in the course of this study; these were carried out between Q3 2009 and Q4 2009.
The study finds that growth in this industry is directly tied to increased capital spending and investment in the heavy industry sectors, particularly in markets such as construction and automotives. This has led to very high growth rates from 2007 to 2008 which approach 20%. While this should be lower in the coming years due to the effects of the economic slowdown in 2008-2009, growth rates are expected to still be above 10%.
The market is highly concentrated as large foreign firms hold the majority of market share by revenue by virtue of higher quality products and the higher prices they command. Demand for these will increase depending on the modernization of some of the end user industries that still lag behind technologically. Currently the market faces a clear divide between the higher end products of foreign companies and the very low end domestically produced components that make up most of total output.
While demand for sliding bearings will continue to grow along with investment in the end user industries there is a risk of overcapacity where demand will lag behind supply if this investment is timed too early.
About the GCIS China Sliding Bearings Study
This GCiS market study draws on a three month, in-depth primary survey of over 80 of the market’s supply side and channel players. It is essential reading for any professional needing accurate and detailed strategic information of this market. Major areas covered include: market size and shares, break downs by end user industries, five-year projections, market by product types and, pricing trends, distribution channels, consumption patterns across different regions, an assessment of key suppliers and more.
The study finds that growth in this industry is directly tied to increased capital spending and investment in the heavy industry sectors, particularly in markets such as construction and automotives. This has led to very high growth rates from 2007 to 2008 which approach 20%. While this should be lower in the coming years due to the effects of the economic slowdown in 2008-2009, growth rates are expected to still be above 10%.
The market is highly concentrated as large foreign firms hold the majority of market share by revenue by virtue of higher quality products and the higher prices they command. Demand for these will increase depending on the modernization of some of the end user industries that still lag behind technologically. Currently the market faces a clear divide between the higher end products of foreign companies and the very low end domestically produced components that make up most of total output.
While demand for sliding bearings will continue to grow along with investment in the end user industries there is a risk of overcapacity where demand will lag behind supply if this investment is timed too early.
About the GCIS China Sliding Bearings Study
This GCiS market study draws on a three month, in-depth primary survey of over 80 of the market’s supply side and channel players. It is essential reading for any professional needing accurate and detailed strategic information of this market. Major areas covered include: market size and shares, break downs by end user industries, five-year projections, market by product types and, pricing trends, distribution channels, consumption patterns across different regions, an assessment of key suppliers and more.
CHAPTER 1: INTRODUCTION
I. INTRODUCTION
Sampling
Figure 1.1: Total Sampling by Target Group
Supplier Sampling
Figure 1.2: Index of Size Breakdown Scheme
Figure 1.3: Proportion of Suppliers in Sample, by Category
Channel Players and Influencers Sampling and Segmentation Definition
Sampling – Distributors
Figure 1.4: Channel Player Sample Representation
II. DEFINITIONS AND PROCESS
Product Definitions
End-user Industry Definitions
Figure 1.5: Glossary of Industry Terms in English and Chinese
Methodology: Segmentation of the Market
Figure 1.4: GCiS Standard China Geographic Segmentation
Locations by Tier in China
A Note on China’s Key Industrial Output Areas
Figure 1.5: Overview: The Pearl River Delta
Figure 1.6: Overview: The Yangtze River Delta
Figure 1.7: Overview: The Bohai Rim
About Limited Publication Studies
CHAPTER 2: TOTAL ANALYSIS
Executive Summary
Figure 2.1: Summary of Key Market Figures- China 2009 Sliding Bearing Market
Figure 2.2: Sliding Bearings Market Size and Share by Industry and Product Type - 2009
Figure 2.3: Key Benchmark Data – China Sliding Bearings Market
Market Entry Issues
Figure 2.4: Snapshot of Key Market Entry Issues
Market Drivers, Inhibitors
Figure 2.5: Drivers and Inhibitors – Chart
Regulatory Factors
Figure 2.6: Relevant Government Bodies
Figure 2.7: Related Bodies and Organizations
Opportunities in Target Market
Figure 2.8: GCiS China Market Opportunities Assessment (by Market Segment)
Opportunity Matrix
Figure 2.9: Market Opportunities for Foreign / Quality Suppliers by Industry
Figure 2.10: Sliding Bearing Suppliers Opportunities Ratings by Industry (1 to 10, with 10 highest)
Figure 2.11: Product Opportunities for Foreign/Quality Suppliers
Figure 2.12: Opportunity Qualitative & Quantitative Assessment – Product
II. MARKET FIGURES
Key Findings
Market Figures Overview
Figure 2.13: 2009 Sliding Bearings Market Segmentation
Figure 2.14: Summary of Market Size Figures by Segment (Mn RMB) – Chart 2009
Supply-end Market Outlook
Figure 2.15: Total Market Revenues by Product
Domestic Sales and Exports
Figure 2.16: Breakdown of Domestic and Export Sales by Product Type-2009
Figure 2.17: Breakdown of Domestic and Export Sales by Product Type 2009 Chart (Bn RMB)
Domestic Market Revenues by Application
Figure 2.18: Total Revenues by End User Industry 2009 (RMB Mn)
Figure 2.19: Total Revenues by Product Type
Figure 2.20: Total Revenues by Industry Segment
Figure 2.21: Percentages of Total Revenue by Industry
Market Shares
Figure 2.22: Estimated Market Share by Company- Total Market (%)
Figure 2.23: Estimated Market Share of Sliding Bearings by Company (Mn RMB) – Chart
Regional Sales
Figure 2.24: Sales by Industry and Region
Growth Rates and Forecasts
Figure 2.25: 2008-2014 Sliding Bearings China Market Size (Mn RMB)
Figure 2.26: Sliding Bearings China Market Size (2007-2014)
Figure 2.27: Year-on-Year Growth Rates for Projection Period
Customer Demographics
Figure 2.28: Automobile Industry Year on Year Growth 2004-2008
Figure 2.29: Automobile Industry Year on Year Growth 2004-2008 – Chart
Construction
Figure 2.30: Construction Industry Year on Year Growth 2004-2008
Figure 2.31: Construction Industry Year on Year Growth 2004-2008 – Chart
Agriculture
Figure 2.32: Agricultural Industry Year on Year Growth 2004-2008
Figure 2.33: Agricultural Industry Year on Year Growth 2004-2008 – Chart
Shipbuilding
Figure 2.34: Shipbuilding Industry Year on Year Growth 2004-2008
Figure 2.35: Shipbuilding Industry Year on Year Growth 2004-2008- Chart
III. COMPETITIVE ANALYSIS
Foreign vs. Domestic Suppliers
Figure 2.36: Foreign and Domestic Market Shares by Revenue
Figure 2.37: News in the China Sliding Bearings Market
Sliding Bearings Suppliers
Figure 2.38: Key Sales and Marketing Categories of Top Suppliers
Five- Forces Analysis
Figure 2.39: Five Forces Analysis
Sliding Bearings Distribution Channels - Market by Company Type
Figure 2.40: 2009 Revenues and Sales Penetration by Company Type
Figure 2.41: Revenue Market Share by Company Type
Summary of Customers
End User Industries
Figure 2.42: End-user Spending on Sliding Bearings- Product by Industry
Sliding Bearings End Users Purchase Criteria
Figure 2.43: Main Purchase Criteria of End Users as identified by Suppliers
Figure 2.44: Main Purchase Criteria of End Users as identified by Suppliers- Chart
IV. Channel Player Analysis
Summary of Sliding Bearings Channel Players
Figure 2.45: List of Key Bearings Distributors
Distributor Sales
Figure 2.46: Distributor Sales Revenue by Product Type – Chart
Market Value Chain
Figure 2.47: China Sliding Bearings Market Value Chain
Revenues by End User Industry – Supplier Comparison
Figure 2.48: Percentage of Revenues by End user Industry – Suppliers and Distributors
Supply-side Relations
Figure 2.49: Details of Channel Players’ Relationships with Suppliers
Scope of Services
Figure 2.50: Services Provided- Average Percentages – Chart
CHAPTER 3: SEGMENT ANALYSIS
I. AUTOMOTIVE INDUSTRY
Key Findings
Figure 3.1: Revenues, Output, Growth and Pricing by Market Tier 2008
Supplier Overview
Figure 3.2: Sliding Bearings Market Segment Leaders by Revenue 2008 – Automotive Industry
Figure 3.3: Sliding Bearings Sales Revenues by Region – Automotive Industry
Sliding Bearings Market by Product Type – Automotive Industry
Figure 3.4: Sliding Bearings Sales by Product Type 2008 – Automotive Industry
Market Shares
Figure 3.5: Sliding Bearings Market Shares 2008 – Automotive Industry
Figure 3.6: Sliding Bearings Market Shares – Automotive Industry
Growth and Projections
Figure 3.7: 2009 - 2014 Sliding Bearings Market Forecasts (RMB Mn)
– Automotive Industry
Figure 3.8: 2009 – 2013 Sliding Bearings Growth Forecast (RMB Mn)
– Automotive Industry
Product and Price Comparison
Figure 3.9: Products of Main Sliding Bearings Suppliers to the Automotive Industry
Market Outlook
Figure 3.10: Sliding Bearings Opportunity Rating – Automotive Industry
II. CONSTRUCTION INDUSTRY
Key Findings
Figure 3.11: Revenues, Output, Growth and Pricing by Market Tier 2008
Supplier Overview
Figure 3.12: Sliding Bearings Market Segment Leaders by Revenue 2008 – Construction Industry
Sliding Bearings Market by Region – Construction Industry
Figure 3.13: Sliding Bearings Sales Revenues by Region – Construction Industry
Sliding Bearings Market by Product Type – Construction Industry
Figure 3.14: Sliding Bearings Sales by Product Type 2008 – Construction Industry
Market Shares
Figure 3.15: 2008 Sliding Bearings Market Shares - Construction Industry
Figure 3.16: Sliding Bearings Market Shares – Construction Industry
Growth and Projections
Figure 3.17: 2009 – 2013 Sliding Bearings Market Forecast (RMB Mn) – Construction Industry
Figure 3.18: 2009 – 2013 Sliding Bearings Growth Forecast (RMB Mn) – Construction Industry
Product and Price Comparison
Figure 3.19: Products of Main Sliding Bearings Suppliers to the Construction Industry
Market Outlook
Figure 3.20: Sliding Bearings Opportunity Rating – Construction Industry
III . AGRICULTURE INDUSTRY
Key Findings
Figure 3.21: Revenues, Output, Growth and Pricing by Market Tier 2008 Supplier Overview
Figure 3.22: Sliding Bearings Market Segment Leaders by Revenue 2008 – Agriculture Industry
Sliding Bearings Market by Region – Agriculture Industry
Figure 3.23: Sliding Bearings Sales Revenues by Region – Agriculture Industry
Sliding Bearings Market by Product Type – Agriculture Industry
Figure 3.24: Sliding Bearings Sales by Product Type 2008 – Agriculture Industry
Market Shares
Figure 3.25: Sliding Bearings Market Shares 2008 – Agriculture Industry
Figure 3.26: Sliding Bearings Market Shares – Agriculture Industry Growth and Projections
Figure 3.27: 2009 – 2013 Sliding Bearings Market Forecast (RMB Mn) – Agriculture Industry
Figure 3.28: 2009 – 2013 Sliding Bearings Market Forecast (RMB Mn) – Agriculture Industry
Product and Price Comparison
Figure 3.29: Products of Main Sliding Bearings Suppliers to the Agriculture Industry
Market Outlook
Figure 3.30: Sliding Bearings Opportunity Rating – Agriculture Industry
IV. SHIPBUILDING INDUSTRY
Key Findings
Figure 3.31: Revenues, Output, Growth and Pricing by Market Tier 2008
Supplier Overview
Figure 3.32: Sliding Bearings Market Segment Leaders by Revenue 2008 – Shipbuilding Industry
Sliding Bearings Market by Region – Shipbuilding Industry
Figure 3.33: Sliding Bearings Sales Revenues by Region – Shipbuilding Industry
Sliding Bearings Market by Product Type – Shipbuilding Industry
Figure 3.34: Sliding Bearings Sales by Product Type 2008 – Shipbuilding Industry
Market Shares
Figure 3.35: Sliding Bearings Market Shares 2008 – Shipbuilding Industry
Figure 3.36: Sliding Bearings Market Shares – Shipbuilding Industry
Growth and Projections
Figure 3.37: 2009 – 2013 Sliding Bearings Market Forecast (RMB Mn) – Shipbuilding Industry
Figure 3.38: 2009 – 2013 Sliding Bearings Market Forecast (RMB Mn) – Shipbuilding Industry
Product and Price Comparison
Figure 3.39: Products of Main Sliding Bearings Suppliers to the Shipbuilding Industry
Market Outlook
Figure 3.40: Sliding Bearings Opportunity Rating – Shipbuilding Industry
APPENDIX I: SUPPLIER PROFILES
LIST OF CONTACTS
I. INTRODUCTION
Sampling
Figure 1.1: Total Sampling by Target Group
Supplier Sampling
Figure 1.2: Index of Size Breakdown Scheme
Figure 1.3: Proportion of Suppliers in Sample, by Category
Channel Players and Influencers Sampling and Segmentation Definition
Sampling – Distributors
Figure 1.4: Channel Player Sample Representation
II. DEFINITIONS AND PROCESS
Product Definitions
End-user Industry Definitions
Figure 1.5: Glossary of Industry Terms in English and Chinese
Methodology: Segmentation of the Market
Figure 1.4: GCiS Standard China Geographic Segmentation
Locations by Tier in China
A Note on China’s Key Industrial Output Areas
Figure 1.5: Overview: The Pearl River Delta
Figure 1.6: Overview: The Yangtze River Delta
Figure 1.7: Overview: The Bohai Rim
About Limited Publication Studies
CHAPTER 2: TOTAL ANALYSIS
Executive Summary
Figure 2.1: Summary of Key Market Figures- China 2009 Sliding Bearing Market
Figure 2.2: Sliding Bearings Market Size and Share by Industry and Product Type - 2009
Figure 2.3: Key Benchmark Data – China Sliding Bearings Market
Market Entry Issues
Figure 2.4: Snapshot of Key Market Entry Issues
Market Drivers, Inhibitors
Figure 2.5: Drivers and Inhibitors – Chart
Regulatory Factors
Figure 2.6: Relevant Government Bodies
Figure 2.7: Related Bodies and Organizations
Opportunities in Target Market
Figure 2.8: GCiS China Market Opportunities Assessment (by Market Segment)
Opportunity Matrix
Figure 2.9: Market Opportunities for Foreign / Quality Suppliers by Industry
Figure 2.10: Sliding Bearing Suppliers Opportunities Ratings by Industry (1 to 10, with 10 highest)
Figure 2.11: Product Opportunities for Foreign/Quality Suppliers
Figure 2.12: Opportunity Qualitative & Quantitative Assessment – Product
II. MARKET FIGURES
Key Findings
Market Figures Overview
Figure 2.13: 2009 Sliding Bearings Market Segmentation
Figure 2.14: Summary of Market Size Figures by Segment (Mn RMB) – Chart 2009
Supply-end Market Outlook
Figure 2.15: Total Market Revenues by Product
Domestic Sales and Exports
Figure 2.16: Breakdown of Domestic and Export Sales by Product Type-2009
Figure 2.17: Breakdown of Domestic and Export Sales by Product Type 2009 Chart (Bn RMB)
Domestic Market Revenues by Application
Figure 2.18: Total Revenues by End User Industry 2009 (RMB Mn)
Figure 2.19: Total Revenues by Product Type
Figure 2.20: Total Revenues by Industry Segment
Figure 2.21: Percentages of Total Revenue by Industry
Market Shares
Figure 2.22: Estimated Market Share by Company- Total Market (%)
Figure 2.23: Estimated Market Share of Sliding Bearings by Company (Mn RMB) – Chart
Regional Sales
Figure 2.24: Sales by Industry and Region
Growth Rates and Forecasts
Figure 2.25: 2008-2014 Sliding Bearings China Market Size (Mn RMB)
Figure 2.26: Sliding Bearings China Market Size (2007-2014)
Figure 2.27: Year-on-Year Growth Rates for Projection Period
Customer Demographics
Figure 2.28: Automobile Industry Year on Year Growth 2004-2008
Figure 2.29: Automobile Industry Year on Year Growth 2004-2008 – Chart
Construction
Figure 2.30: Construction Industry Year on Year Growth 2004-2008
Figure 2.31: Construction Industry Year on Year Growth 2004-2008 – Chart
Agriculture
Figure 2.32: Agricultural Industry Year on Year Growth 2004-2008
Figure 2.33: Agricultural Industry Year on Year Growth 2004-2008 – Chart
Shipbuilding
Figure 2.34: Shipbuilding Industry Year on Year Growth 2004-2008
Figure 2.35: Shipbuilding Industry Year on Year Growth 2004-2008- Chart
III. COMPETITIVE ANALYSIS
Foreign vs. Domestic Suppliers
Figure 2.36: Foreign and Domestic Market Shares by Revenue
Figure 2.37: News in the China Sliding Bearings Market
Sliding Bearings Suppliers
Figure 2.38: Key Sales and Marketing Categories of Top Suppliers
Five- Forces Analysis
Figure 2.39: Five Forces Analysis
Sliding Bearings Distribution Channels - Market by Company Type
Figure 2.40: 2009 Revenues and Sales Penetration by Company Type
Figure 2.41: Revenue Market Share by Company Type
Summary of Customers
End User Industries
Figure 2.42: End-user Spending on Sliding Bearings- Product by Industry
Sliding Bearings End Users Purchase Criteria
Figure 2.43: Main Purchase Criteria of End Users as identified by Suppliers
Figure 2.44: Main Purchase Criteria of End Users as identified by Suppliers- Chart
IV. Channel Player Analysis
Summary of Sliding Bearings Channel Players
Figure 2.45: List of Key Bearings Distributors
Distributor Sales
Figure 2.46: Distributor Sales Revenue by Product Type – Chart
Market Value Chain
Figure 2.47: China Sliding Bearings Market Value Chain
Revenues by End User Industry – Supplier Comparison
Figure 2.48: Percentage of Revenues by End user Industry – Suppliers and Distributors
Supply-side Relations
Figure 2.49: Details of Channel Players’ Relationships with Suppliers
Scope of Services
Figure 2.50: Services Provided- Average Percentages – Chart
CHAPTER 3: SEGMENT ANALYSIS
I. AUTOMOTIVE INDUSTRY
Key Findings
Figure 3.1: Revenues, Output, Growth and Pricing by Market Tier 2008
Supplier Overview
Figure 3.2: Sliding Bearings Market Segment Leaders by Revenue 2008 – Automotive Industry
Figure 3.3: Sliding Bearings Sales Revenues by Region – Automotive Industry
Sliding Bearings Market by Product Type – Automotive Industry
Figure 3.4: Sliding Bearings Sales by Product Type 2008 – Automotive Industry
Market Shares
Figure 3.5: Sliding Bearings Market Shares 2008 – Automotive Industry
Figure 3.6: Sliding Bearings Market Shares – Automotive Industry
Growth and Projections
Figure 3.7: 2009 - 2014 Sliding Bearings Market Forecasts (RMB Mn)
– Automotive Industry
Figure 3.8: 2009 – 2013 Sliding Bearings Growth Forecast (RMB Mn)
– Automotive Industry
Product and Price Comparison
Figure 3.9: Products of Main Sliding Bearings Suppliers to the Automotive Industry
Market Outlook
Figure 3.10: Sliding Bearings Opportunity Rating – Automotive Industry
II. CONSTRUCTION INDUSTRY
Key Findings
Figure 3.11: Revenues, Output, Growth and Pricing by Market Tier 2008
Supplier Overview
Figure 3.12: Sliding Bearings Market Segment Leaders by Revenue 2008 – Construction Industry
Sliding Bearings Market by Region – Construction Industry
Figure 3.13: Sliding Bearings Sales Revenues by Region – Construction Industry
Sliding Bearings Market by Product Type – Construction Industry
Figure 3.14: Sliding Bearings Sales by Product Type 2008 – Construction Industry
Market Shares
Figure 3.15: 2008 Sliding Bearings Market Shares - Construction Industry
Figure 3.16: Sliding Bearings Market Shares – Construction Industry
Growth and Projections
Figure 3.17: 2009 – 2013 Sliding Bearings Market Forecast (RMB Mn) – Construction Industry
Figure 3.18: 2009 – 2013 Sliding Bearings Growth Forecast (RMB Mn) – Construction Industry
Product and Price Comparison
Figure 3.19: Products of Main Sliding Bearings Suppliers to the Construction Industry
Market Outlook
Figure 3.20: Sliding Bearings Opportunity Rating – Construction Industry
III . AGRICULTURE INDUSTRY
Key Findings
Figure 3.21: Revenues, Output, Growth and Pricing by Market Tier 2008 Supplier Overview
Figure 3.22: Sliding Bearings Market Segment Leaders by Revenue 2008 – Agriculture Industry
Sliding Bearings Market by Region – Agriculture Industry
Figure 3.23: Sliding Bearings Sales Revenues by Region – Agriculture Industry
Sliding Bearings Market by Product Type – Agriculture Industry
Figure 3.24: Sliding Bearings Sales by Product Type 2008 – Agriculture Industry
Market Shares
Figure 3.25: Sliding Bearings Market Shares 2008 – Agriculture Industry
Figure 3.26: Sliding Bearings Market Shares – Agriculture Industry Growth and Projections
Figure 3.27: 2009 – 2013 Sliding Bearings Market Forecast (RMB Mn) – Agriculture Industry
Figure 3.28: 2009 – 2013 Sliding Bearings Market Forecast (RMB Mn) – Agriculture Industry
Product and Price Comparison
Figure 3.29: Products of Main Sliding Bearings Suppliers to the Agriculture Industry
Market Outlook
Figure 3.30: Sliding Bearings Opportunity Rating – Agriculture Industry
IV. SHIPBUILDING INDUSTRY
Key Findings
Figure 3.31: Revenues, Output, Growth and Pricing by Market Tier 2008
Supplier Overview
Figure 3.32: Sliding Bearings Market Segment Leaders by Revenue 2008 – Shipbuilding Industry
Sliding Bearings Market by Region – Shipbuilding Industry
Figure 3.33: Sliding Bearings Sales Revenues by Region – Shipbuilding Industry
Sliding Bearings Market by Product Type – Shipbuilding Industry
Figure 3.34: Sliding Bearings Sales by Product Type 2008 – Shipbuilding Industry
Market Shares
Figure 3.35: Sliding Bearings Market Shares 2008 – Shipbuilding Industry
Figure 3.36: Sliding Bearings Market Shares – Shipbuilding Industry
Growth and Projections
Figure 3.37: 2009 – 2013 Sliding Bearings Market Forecast (RMB Mn) – Shipbuilding Industry
Figure 3.38: 2009 – 2013 Sliding Bearings Market Forecast (RMB Mn) – Shipbuilding Industry
Product and Price Comparison
Figure 3.39: Products of Main Sliding Bearings Suppliers to the Shipbuilding Industry
Market Outlook
Figure 3.40: Sliding Bearings Opportunity Rating – Shipbuilding Industry
APPENDIX I: SUPPLIER PROFILES
LIST OF CONTACTS