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Bearing landscape in the era of globalization: a symphony of division of labor and competition
Jul 18,2025
The distribution of the bearing industry hides the secret code of the global manufacturing industry. Centennial companies such as Sweden's SKF, Germany's Schaeffler, and Japan's NSK have long occupied the high-end market by accumulating materials and processes. The fields of aircraft engine bearings and precision machine tool spindle bearings were once monopolized by these "seven big companies".
China's bearing industry has taken a breakthrough from "quantitative change to qualitative change". Xinchang, Zhejiang, is known as the "hometown of Chinese bearings". It produces 3 billion sets of bearings annually, accounting for 1/5 of the global total, but most of them were micro bearings with low added value ten years ago. Today, local companies have improved the processing accuracy from micron level to submicron level through "machine replacement", and the wind power bearings they have developed have entered the European market. Behind this transformation is the coordinated upgrading of the industrial chain: from the bearing steel of Luoyang LYC, to the precision machine tools of Dalian Guangyang, to the sensor companies in Hangzhou, a complete ecosystem of "materials - processing - testing" has been formed, allowing Chinese bearings to continue to rise in the global value chain.
In Vietnam's motorcycle factories, Brazil's agricultural machinery markets, and India's textile workshops, bearings made in China are becoming part of the infrastructure. They may not be as precise as aviation-grade bearings, but they support the industrialization process in emerging markets with high cost performance - this is exactly the global picture of the bearing industry: the high-end market pursues extreme performance, the mass market focuses on practicality and reliability, and the needs of different levels jointly promote technological progress.
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