Some experts in the spring industry in my country believe that with the development of the main engine, the market of my country's spring products will also grow synchronously. more than 50%. {TodayHot}At the same time, in order to adapt to market changes, the spring industry will show new development trends in the next few years:

   - New combinations appear. In the next few years, my country's spring industry will still be dominated by small enterprises, but some advantageous enterprises start from the market and business strategy, take advantage of the funds, technology and talents in their hands, merge and acquire some enterprises to obtain the required production factors and market resources. , Most of the state-owned and collective enterprises in the spring industry will be transformed into joint-stock or private enterprises.

 

   ——Price competition turns to technology and quality competition. With the intensification of market competition, the profit margin of the spring industry has become smaller and smaller. In addition, the OEMs have higher and higher requirements for the quality of accessories. Enterprises can no longer rely on simple price reduction to win the market. Technology and quality have become the key to competition.

 

   From July 1, 2006, my country's auto parts tariff will be reduced to 10%, and the final price of {HotTag} products such as suspension springs, valve springs, stabilizer bars and other supporting products for the automobile industry will gradually be in line with international prices, while The products for mini-cars and vans have undergone fierce market competition, and the current price has a certain competitiveness compared with the international market, but the quality level can not compete with similar products. The prices of other products, especially those for motorcycles and some small springs, are already lower than the international market price. Therefore, similar foreign products do not pose a threat to us in terms of price, and the competition is mainly manifested in quality.

 

   ——Products are developing towards light weight and high reliability. It is roughly estimated that the annual demand for suspension springs in China's auto industry in 2010 is about 8 million pieces, and the annual demand for valve springs is about 30 million pieces (excluding motorcycles and diesel engines). The technical development trend of these two springs is generally lightweight (high stress) and high reliability. For the current special-shaped section suspension springs and valve springs, due to the high material price and complex manufacturing process, the production cost is higher than that of the circular section springs. Therefore, there is no sign that the special-shaped section springs will completely replace the circular section springs.