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Development of China’s gear industry

       Most mid- to low-end gear molds can be produced domestically, while high-end gear molds mostly rely on imports. There are not many factories in China that specialize in gear molds. Most gear factories make gear molds themselves. Gear factories often set up a section or workshop to undertake this work. This makes the development of the domestic gear mold industry even more difficult. Relevant experts said that in order to promote better and faster development of my country's gear mold industry, we must fundamentally solve the problem of dependence and strive to improve professional technology in order to better serve the domestic gear mold industry.
       As competition in the gear industry continues to intensify, mergers, acquisitions, integrations and capital operations among large gear companies become increasingly frequent. Good domestic gear manufacturing companies are paying more and more attention to the research of the industry market, especially in-depth research on changes in the corporate development environment and customer demand trends. Because of this, a large number of domestic good gear brands have emerged rapidly!
  
“   The slowdown in industry growth seen in the fourth quarter of 2012 will continue into this year. In the second half of the year, with the gradual implementation of the national policy to expand domestic demand, the development of strategic emerging industries and the implementation of the national "Three Basics Plan", the modern equipment manufacturing industry will surely be promoted, thereby driving a new round of rise in the entire gear industry. It is expected that the sales revenue of the gear industry will increase by more than 10%, and the export growth rate may reach 15%.