The Chinese spring industry currently has more than 700 specialized spring manufacturing enterprises and has established 10 professional spring institutes. The entire spring industry employs more than 80,000 people, and the spring industry produces 21 categories, more than 1,600 varieties, and an annual output of about 4 billion pieces.
For the spring industry, it has long formed a passive situation in which low-grade ordinary springs are oversupply and high-end products are in short supply. In the key investment in the development of agricultural machinery, engineering machinery, general machinery, environmental protection machinery, automotive and other host industries, the spring production will increase. The most important thing is that the structure of spring products will change, the proportion of high-tech products will greatly increase, and the number of varieties of exported products will also increase. This shows that in the next few years, China's spring market will maintain a more ideal growth space.
Automotive industry: The automotive and engine industries are the largest market for the spring industry, accounting for 50% of the industry's total industrial output value. The automotive industry, especially the car industry, has grown rapidly. The trend of cars entering home has increased year by year, and the demand for high-grade springs has increased. With the increasing awareness of environmental protection in the world, the development and use of environmentally friendly vehicles have also started. In addition, the country’s increased investment in infrastructure will inevitably drive the development of trucks and provide a market for springs.
Exports of springs to overseas markets may be weakened. According to customs statistics, in the past two years, China exports about 22,000 tons of springs each year, most of which are leaf springs. Coil springs account for only a small portion of them. The product structure is dominated by daily-use hardware springs. The destination is Hong Kong and Taiwan regions. Mold springs and auto parts springs have been exported to Japan, Europe, America and Southeast Asia in small quantities, but they have not really entered the OEM package. In recent years, in order to reduce procurement costs, some American auto companies have turned procurement of auto parts including springs into China, creating a precedent for Chinese springs to enter the US OEM market. With the establishment of the status of China’s manufacturing power and the improvement of the quality of the spring industry’s technology and products, the spring’s export market has broad prospects. It is estimated that by 2005, the proportion of export spring products will account for 5% of the industry's output value, and the export value will increase to 70 million US dollars.
According to statistical data, exports of spring products in industrialized countries account for about 15% to 20% of the industry's output value. From a long-term perspective, there is a large potential market for China’s spring exports. China's spring companies should take concrete actions according to their own circumstances, such as strengthening cooperation with foreign companies, introducing advanced foreign technologies to improve product quality, enhance competitiveness, create famous brands, expand the international influence of products, and seize the greater international market. Share.
The impact of Simmons's bankruptcy on spring companies is absolutely far-reaching. This is also a wake-up call for those companies that manufacture springs. Whether or not Simmons will return to life still needs time to study. let us wait and see.
For the spring industry, it has long formed a passive situation in which low-grade ordinary springs are oversupply and high-end products are in short supply. In the key investment in the development of agricultural machinery, engineering machinery, general machinery, environmental protection machinery, automotive and other host industries, the spring production will increase. The most important thing is that the structure of spring products will change, the proportion of high-tech products will greatly increase, and the number of varieties of exported products will also increase. This shows that in the next few years, China's spring market will maintain a more ideal growth space.
Automotive industry: The automotive and engine industries are the largest market for the spring industry, accounting for 50% of the industry's total industrial output value. The automotive industry, especially the car industry, has grown rapidly. The trend of cars entering home has increased year by year, and the demand for high-grade springs has increased. With the increasing awareness of environmental protection in the world, the development and use of environmentally friendly vehicles have also started. In addition, the country’s increased investment in infrastructure will inevitably drive the development of trucks and provide a market for springs.
Exports of springs to overseas markets may be weakened. According to customs statistics, in the past two years, China exports about 22,000 tons of springs each year, most of which are leaf springs. Coil springs account for only a small portion of them. The product structure is dominated by daily-use hardware springs. The destination is Hong Kong and Taiwan regions. Mold springs and auto parts springs have been exported to Japan, Europe, America and Southeast Asia in small quantities, but they have not really entered the OEM package. In recent years, in order to reduce procurement costs, some American auto companies have turned procurement of auto parts including springs into China, creating a precedent for Chinese springs to enter the US OEM market. With the establishment of the status of China’s manufacturing power and the improvement of the quality of the spring industry’s technology and products, the spring’s export market has broad prospects. It is estimated that by 2005, the proportion of export spring products will account for 5% of the industry's output value, and the export value will increase to 70 million US dollars.
According to statistical data, exports of spring products in industrialized countries account for about 15% to 20% of the industry's output value. From a long-term perspective, there is a large potential market for China’s spring exports. China's spring companies should take concrete actions according to their own circumstances, such as strengthening cooperation with foreign companies, introducing advanced foreign technologies to improve product quality, enhance competitiveness, create famous brands, expand the international influence of products, and seize the greater international market. Share.
The impact of Simmons's bankruptcy on spring companies is absolutely far-reaching. This is also a wake-up call for those companies that manufacture springs. Whether or not Simmons will return to life still needs time to study. let us wait and see.