Mechanical fasteners market development forecast

According to "" Twelve Five "Machinery Industry Development Master Plan," "Twelve Five" period machinery industry to maintain stable and healthy development, industrial output value,gantry crane industrial added value, main business income of an average annual growth rate remained at around 12% growth in high-end equipment to be higher than the industry average growth rate more than doubled. Currently, the machinery industry supply and demand trends generally stable, however, the specific sub-sectors of the supply and demand situation will be further divided.
⑴ high-end CNC machine tools, heavy equipment, marine, precision basic parts, power transmission equipment and electrical automation equipment and other machinery sub-sectors due to its high technical barriers and difficult to shorten the production cycle, resulting in production capacity is limited, and power grid construction, new energy accelerate the development of downstream demand also makes a substantial increase,bridge gantry crane so the performance of the downstream demand growth faster than supply growth, these industries demand remains strong for fasteners.
⑵ textile and garment machinery, packaging machinery, Hardware Tools, power equipment and other machinery sub-sectors although no obvious increase in production capacity, but because of the downstream industry boom fell significantly, severely shrinking demand, resulting in oversupply, tight these industries firmware demand declined.
⑶ in the agricultural field, "Twelve Five" period tractor, rice transplanter, harvester and a series of agricultural machinery production value will reach 250 billion yuan, the estimated annual demand for various types of fasteners 150,000 tons, the output value of about $ 2 billion .
⑷ in the field of mechanical engineering, "Twelve Five" period of construction machinery loaders, excavators,hoist gantry crane rollers and other products of social ownership will reach 60 million units, annual sales of 50,000 units, the expected demand for high-strength fasteners 2-3 tons.