Under the continuous drive of the national macro-control, China's reducer industry has gradually developed into the main battlefield of the international reducer industry. China is currently in a transition period of economic and social development. As the old industry that China started earlier, the reducer industry is bound to set a certain example and promote the smooth transformation of China's economic and social development.
The downstream applications of the speed reducer mainly include various fields of national economy and defense industry such as lifting and transport, cement and building materials, heavy mining, metallurgy, electric power, and aviation ships. Due to the downstream market forces, the development prospects of China's reducer industry are promising. The specific analysis is as follows:
Lifting transport equipment industry's demand for reducer
Cement Machinery Industry's Demand for reducer
Metallurgical machinery industry demand for reducer