Reducer is a national economy in many areas of mechanical transmission devices, the industry involves product categories including various types of gear reducer, planetary gear reducer and worm reducer, but also includes a variety of specialized transmission devices, such as speed increase devices, speed control devices, and including flexible transmission devices, including various types of composite transmission devices. The product service area involves metallurgy, non-ferrous metals, coal, building materials, shipping, water conservancy, electric power, engineering machinery and petrochemical industries.
China's speed reducer industry development history of nearly 40 years, in the national economy and national defense industry in various fields, speed reducer products have a wide range of applications. Food and light industry, electric power machinery, construction machinery, metallurgical machinery, cement machinery, environmental protection machinery, electrical and electronic appliances, road construction machinery, water conservancy machinery, chemical machinery, mining machinery, conveying machinery, building materials machinery, rubber machinery, petroleum machinery and other industry sectors have a strong demand for reducer products.
The huge potential of the market has given rise to fierce competition in the industry, in the brutal market competition, reducer industry enterprises must accelerate the elimination of backward production capacity, vigorously develop energy efficient products, make full use of the national energy-saving products to benefit the people's project policy opportunities to increase the product renewal efforts to adjust the product structure, pay attention to the national industrial policy, in order to cope with the complex and volatile economic environment, to maintain a good momentum of development.