China Gear Mfg. Industry Research

An Expert's View about Sourcing in China

Last updated: 19 Jul 2011

China Gear Mfg. Industry Research

According to China Gear Mfg. Industry Profile - the industry research report issued by Zeefer Consulting, Jiangsu, Zhejiang and Shanghai are the major production bases for gear mfg. industry in China. Tianjin, Shandong, Liaoning, Hebei, Fujian, Guangdong and Henan are the secondary distribution areas for this industry. Jiangsu has most leading gear mfg. enterprises, and among all top 100 large gear mfg. enterprises across China, 22 are located in Jiangsu.

In terms of market size, in 2009, gear mfg. enterprises above designated size achieved a sales revenue of more than USD 10 billion. Jiangsu, Zhejiang and Shandong ranked top 3 in terms of sales revenue, enterprises in these regions engaged in gear mfg. production achieved a sales revenue of more than USD 6 billion. in all, taking a share of more than 50% of the gross sales revenue from above designated size gear mfg. enterprises across China. On an annual average, total employees in gear mfg. industry exceeded 170,000, a decline of more than 2% on a year-on-year basis. The total export delivery value exceeded USD 950 million, a decline of about 30% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in gear mfg. industry added up to more than USD 750 million, a growth of more than 10% on a year-on-year basis. A total of more than 150 enterprises suffered a loss, the percentage of loss-incurring enterprises was higher than 10%. On average, the ratio of return on assets in gear mfg. industry was higher than 7%.

In terms of market position of foreign enterprises in China, in 2009, sales revenue from foreign enterprises engaged in gear mfg. production in China added up to more than USD 2 billion, taking a share of more than 20% of the gross sales revenue from gear mfg. enterprises across China. Foreign enterprises enaged in gear mfg. industry achieved a profit of more than USD 200 million, taking a share of more than 25% of the total profit from gear mfg. enterprises across China.

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Full content of China Gear Mfg. Industry Analysis:

http://www.allchinareports.com/china-machine-equipment-tool-industry/bearing-gear-industry-analysis/china-gear-mfg.-industry-research.html

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The analyses above are extracted from the industry report: China Gear Mfg. Industry Profile
 


Posted: 19 July 2011, last updated 19 July 2011

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