New Market Study On China Gear Industry Report 2012-2016 By MarketResearchReports

(prHWY.com) March 1, 2013 - Albany, NY -- Chinas gear output reached 1.90 million tons in 2012, with a year-on-year growth rate of 36.6%. The output is expected to hit 3.02 million tons in 2015. Chinese gear industry lags behind foreign countries in gear standards, fundamental R&D, product performance and otherwise, and it still needs to import large quantities of high-end gears.

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Gears are applied widely, and the types vary greatly. Different manufacturers lay emphasis on their specialties. For example, Shaanxi Fast is engaged in heavy-duty automotive transmissions; NGCs major products are wind power, building materials and metallurgy mechanical gears; the main products of Chongqing Gearbox & Machinery involve wind power, building materials, and high-power marine gearboxes; Dalian Heavy Industry specializes in wind power gearboxes; Zhejiang Wanliyang Transmission and Chongqing Tsingshan Industrial focus on automotive transmissions.

Gear segments include automotive gears, universal industrial gears and special industrial gears. Especially, automotive gears play a key role, and are mainly used in drive axles, transmissions, transfer cases and engines.

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In July 2011, the Equipment Industry Division of Ministry of Industry and Information Technology of China announced "Twelfth Five-Year" Development Plan for General Parts and Components Industry, making a clear plan for the gear industry. In the upcoming five years, the objective of the gear market is: automotive gears account for about 40%, other vehicle gears 25% or so, industrial gears 35%, and exported gears roughly15%.

China Gear Industry Report 2012-2016 released by SinoMarketInsight mainly contains six chapters and 75 charts.
Output, industrial features and competition patterns of China gear industry in 2012, as well as development trends in 2013-2016;
Demand in China automobile industry in 2012 as well as the demand for automotive gears in 2016;
Overview of China wind power gear industry and development of other industrial gearsin 2012;
TOP 10 provinces and regions in terms of gear output in 2010-2012;
Profile, finance, main products and construction projects of 11 major gear manufacturers.

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