Spring Industry Market Status And Prospects

- Jan 11, 2018-

Although the spring is small but as a common basic parts, a wide range of products, variety and complexity of applications involving almost all areas of the national economy, a huge contribution. In recent years, the rapid development of China's national economy has also stimulated the rapid growth of China's spring industry. Experts predict that this growth trend will continue. According to the analysis, there are currently five major markets for the spring products, such as transportation, household hardware, instrumentation, electronic appliances, mining accessories, and overseas export markets.

According to statistics, the spring exports of industrialized countries account for about 15% to 20% of the industry output. In the long run, there is a great potential market for our spring exports. China's spring enterprises should take concrete actions depending on their own situations. For example, they should strengthen cooperation with foreign enterprises and introduce advanced foreign technologies to enhance their product quality, enhance their competitiveness and establish famous brands, expand the international influence of products and seize more international markets Share.