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The application scenarios of the reducer downstream industry are constantly enriched to promote the prosperity of the industry

Mar,08,2023 << Return list

With the social development and economic growth of countries around the world, global capital formation has maintained a high level in recent years. Capital formation is an important indicator reflecting the scale of net investment. It is equal to the new capital after deducting depreciation and other tangible losses from the total investment of capital assets in a certain period. Among them, the formation of fixed capital has an important impact on the market demand of the reducer industry.

According to the analysis of the Research Report on Supply and Demand Trends and Investment Risks of China's Reducer Industry from 2022-2027 by China Research Network, at present, the reducer manufacturers with large scale and high popularity in the global market, such as SEW and FLENDER, are mostly from Germany, Italy, Japan, the United States and other developed countries, and they have long maintained the industry leadership in the design, research and development, production process and other fields of reducer products. With the performance advantages in precision, reliability, service life and other aspects, the reducer products of these manufacturers have occupied a large global market share, and have obvious market competitive advantages in the high-end market.


The global reducer industry is characterized by large market scale and many supporting manufacturers. The competition among many manufacturers in the industry is fierce and the industry concentration is low. During the "13th Five-Year Plan" period, China's economic aggregate continued to grow and the industrial structure continued to optimize. The annual nominal growth of GDP reached 6.5 trillion yuan, and the added value of manufacturing industry has long ranked the first in the world. In 2020, China's total economic output exceeded 100 trillion yuan. By 2021, the per capita GDP will exceed 10000 dollars for three consecutive years. In 2022, China's economic aggregate, calculated at the average annual exchange rate, will be 120 trillion yuan (US $18 trillion), ranking second in the world. The reducer has a wide range of downstream applications, and its industry market scale continues to grow with China's economic development. At the same time, China attaches great importance to supporting the real economy, and a series of national industrial policies have been launched. In May 2015, the State Council issued "Made in China 2025", which clearly proposed to build a manufacturing industry with international competitiveness, and emphasized the overall promotion of the development of core basic parts (components), advanced basic technology, key basic materials and industrial technology, which also strongly promoted the expansion of the market scale of the reducer industry.

Benefiting from the favorable environment created by the growth of China's economic aggregate and relevant national policies, China's gear reducer industry and other general equipment manufacturing industries have shown a sustained and healthy development trend in recent years. According to the prediction of China Research Institute of Puhua Industry, the market size of China's reducer industry will increase from 125.8 billion yuan to 160.5 billion yuan in 2021-2026, with a compound annual growth rate of 4.99%.


At present, the development of China's reducer industry presents the following characteristics:

① The scale and strength of the industry have reached a new level, and the speed of industry integration has accelerated

As one of the important basic components of industrial transmission system, reducer plays an important role in industrial development, especially in the development of equipment manufacturing industry. Entering the 21st century, China's reducer industry has ushered in an unprecedented high-speed development, and fixed assets investment and product production and sales of the whole industry have achieved rapid growth. At present, China's reducer industry has basically formed a relatively complete industrial chain, as well as the Yangtze River Delta, Pearl River Delta, Beijing-Tianjin-Hebei and other industrial concentration areas. The comprehensive supply capacity of various reducer products is strong, providing strong support for the sustainable and healthy development of the national economy. At the same time, due to the difficulty of small and medium-sized enterprises in the industry to meet the growing demand for capital investment and constantly improving technical quality requirements, downstream customers, especially large customers, are increasingly inclined to long-term cooperation with large and medium-sized well-known enterprises in the industry. Therefore, all kinds of resources in China's reducer industry are accelerating the concentration of domestic leading reducer enterprises, and the speed of industry integration has accelerated.

② The R&D capability of domestic advanced reducer enterprises has been continuously improved, and the market competitiveness has been continuously enhanced

In recent years, a number of domestic leading reducer enterprises such as Guomao, Ningbo Dongli and Kone Technology have risen rapidly. Such enterprises invest heavily in the introduction of automated, numerically controlled and intelligent manufacturing equipment, attach great importance to R&D investment and independent innovation, continue to promote the development and upgrading of new products, and can adapt to the constant changes in market demand. In this context, the reducer industry in China has only involved in the production of small and medium-sized universal reducers in the early stage, and now extends to the design and production of supporting reducers for heavy equipment such as large rolling mills, large ball mills, large roller presses, and the R&D and manufacturing of special gear boxes for high-tech equipment such as shield machines, wind power generation, and offshore platforms. At present, the product line has basically covered the main reducer categories, The gap between similar products of foreign enterprises in structural design, quality control, power density, reliability and service life has been significantly reduced, and the localization rate of related products has been continuously improved.

At present, the application scenarios of the reducer in the downstream industry are constantly enriched, and customers' requirements for the reducer products are continuously improved in terms of accuracy, reliability, durability, transmission efficiency, high power density, noise, etc. The precision reducer used in the robot servo drive system has become a key research and development direction. At present, the domestic supply of high-precision reducer has not yet appeared a batch of stable series products. The key to the development of precision transmission technology, in addition to precision parts processing, assembly technology and test and testing technology, the transmission mechanism and structural form of products still need to be researched and developed at a higher level by relevant enterprises to form an independent precision transmission technology system.

In addition to the precision reducer, the current key research and development directions of the industry also include heavy-load and high-reliability transmission devices, high-speed transmission devices and intelligent transmission products. Among them, heavy-load and high-reliability transmission devices mainly include high-reliability gear boxes, couplings, brakes and soft-start composite transmission devices used in rail transit, high-speed rail, marine and marine engineering, and nuclear power engineering; High-speed transmission device is mainly a series of special high-speed planetary transmission device, high-speed gear transmission device, high-speed coupling, high-elastic coupling and other products used in energy, aerospace, petrochemical, metallurgy, shipbuilding and power engineering industries; All kinds of intelligent transmission products led by Made in China 2025 are mainly applied to various intelligent devices or production lines, including integrated transmission systems of intelligent control and actuator.

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