Japan is the world's largest bearing producer, followed by Germany and the United States. The advantages of the developed countries in the bearing market are bearing quality and after-sale service, because of the high labor cost, they are difficult to compete with the bearing manufacturers produced in the developing countries in price, in order to maintain a certain market share, many Japanese, European and American bearing manufacturers in China, Thailand, India, Indonesia and Brazil have established many after-sales service outlets.
Technological progress is a major factor affecting the American bearing industry. The general use of computer technology in the bearing industry, the development of a number of new products, so that the performance and operability of the bearings better, higher precision. Because of the lack of skilled workers and the relatively high wages of workers in the United States, American bearing users need more flexible and repeatable bearings to reduce the demand for skilled workers. In addition, because the car model update [LL] cycle is also getting shorter, the automotive industry requires flexible bearing performance, wide range of use, short commissioning cycle to meet the needs of automotive production development. The demand for high-speed bearings in the U.S. aviation, automotive and tooling industries is increasing. Due to environmental reasons, many users require bearings to reduce the amount of coolant used.
American bearing manufacturers are developing new bearings to replace traditional metal-bearing parts. These new materials have properties that are not available in conventional bearings. Some cutting bearings also use laser, discharge and high-pressure water technology. These new bearings have great market potential.