The industries that use gear reducers for geared motors in large quantities include: food machinery, power machinery, metallurgical machinery, environmental protection machinery, electronic appliances, road construction machinery, chemical machinery, light industrial machinery, mining machinery, conveying machinery, construction machinery, building materials machinery, cement machinery, rubber machinery, water conservancy machinery, and petroleum machinery. These industries account for 60 % to 70% of the total number of gear reducers used in all industries nationwide .
The demand for gear reducers used in geared motors will continue to grow due to the increasing international demand for heavy machinery and spare parts. With the gradual economic recovery in Europe and the United States, the re-establishment of the real economy's position in national economies, and the basic construction needs of developing countries, heavy machinery products will have greater room for development in the international market, thus creating a large demand for gear reducers in the heavy machinery market.
Foreign speed reducers are widely used in many industries such as food, power, construction, mining, and water conservancy, and their manufacturing standards are also higher than those in China. China's hardened gear reducer standards are based on Siemens' production standards. The development history of speed reducers in China is nearly 40 years, with numerous manufacturers and diverse models. Currently, there are hundreds of standard series of general-purpose speed reducers in China, and speed reducers used in gear motors can basically meet the needs of various industries for general-purpose speed reducers.
With the nation's increased emphasis on the machinery manufacturing industry, the accelerated localization of major equipment, and the commencement of urban redevelopment and stadium construction projects, the market prospects for gear reducers are promising. The entire industry will continue its rapid growth, especially Yongkun Foshan Gear Reducer, whose growth is expected to increase significantly. This is related to the fact that many imported equipment systems utilize gear reducers. The development trend of gear reducers in heavy machinery is also promising.
