Analysis of the Development of Spring Industry

A spring is a mechanical component that uses elasticity to work. Pressure spring factories are generally made of spring steel. Although small, springs are a universal basic component with a large quantity and a wide range of varieties. They are used to control the movement of machinery, alleviate impact or vibration, store energy, measure the magnitude of force, etc. They are widely used in machines and instruments, and their application fields almost involve all fields of the national economy. 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 by 2010, the industry's sales revenue will exceed 4 billion yuan. According to analysis, there are currently five major markets with high demand for spring products: transportation, daily hardware, instruments and electronic appliances, industrial and mining accessories, and overseas export markets.

Strong driving force in the transportation market

The transportation market, including providing supporting and maintenance parts such as springs to industries such as automobiles, motorcycles, diesel engines, and railways, is currently an important and promising market for the spring industry. Sales revenue is close to 40% of the entire industry. In 2002, the automotive industry alone had a demand for 7 million suspension springs, 100 million valve springs (including motorcycle and diesel engine manufacturing), and 1.2 million stabilizer rods. In 2002, the total sales revenue of supporting and providing maintenance parts and springs for these industries exceeded 1 billion yuan.

In the next 5-7 years, China's automotive industry will enter a phase of rapid growth, with an annual growth rate of 15% to 25%. In 2003, the demand for suspension springs is expected to approach 10 million pieces, and the demand for stabilizer bars is expected to be 1.6 million pieces. Flat scroll spring. The rapid development of the automotive industry has had a significant driving effect on the spring industry, becoming the largest user of the spring industry and attracting the attention of foreign spring peers. In addition to a few foreign and joint venture enterprises that have taken the lead in entering the Chinese market, Z's recent entry into the Chinese market has also led to the entry of Japanese and central spring companies, aiming to occupy a place in this market.

Another major potential market for the spring industry is the railway system. With the deepening of the railway system reform, the gradual opening of the market to the outside world, and the implementation of high-speed railway planning, vehicle damping systems are facing upgrades and upgrades. The installation of new damping and noise reducing components on railway lines will bring huge business opportunities to the spring industry. Some enterprises have been designated as designated units for high-speed train springs by the Ministry of Railways, while others are developing rubber metal composite springs for damping and noise reduction on high-speed railway tracks. At present, the market of the railway system has just begun to open up to the outside world. Although the degree of openness is not significant, the potential is considerable.

In the coming years, the motorcycle industry will not experience significant growth and will continue to maintain the current annual production level of 13 million vehicles. The demand for motorcycle shock and clutch springs will remain at the levels of 50 million and 40 million, while the increase in environmental requirements will result in a decrease in the proportion of two-stroke motorcycles and an increase in the proportion of four-stroke motorcycles, which will bring some increment to valve springs.