Benefiting from the continuous deepening of industrialization and urbanization process and the attention of the country to the machinery manufacturing industry, China's economic development has entered a deep adjustment period, and Shenzhen reducer industry, as one of China's basic equipment industry, has also entered the transformation and upgrading.

As an essential transmission equipment in the modernization construction, the reducer is used in various industries. The downstream application industries of reducer mainly include crane transportation, cement building materials, heavy mining, metallurgy, electric power, aviation and Marine and other fields of national economy and national defense industry. Due to the downstream market strength, our country reducer industry development prospects are optimistic, the specific analysis is as follows:

1. The demand prospect of reducer in hoisting and transportation equipment industry

Shenzhen reducer pointed out that China's lifting equipment manufacturing industry faces good development opportunities. The accelerated implementation of urbanization has created a huge demand for machinery and equipment in the construction of urban infrastructure, which has created a good macro environment for the development of lifting and transportation equipment manufacturers. Lifting transportation equipment is the most widely used reducer industry, the development speed of the industry directly affects the speed of growth of the reducer market demand. It is expected that during the 12th Five-Year Plan period, China's hoisting equipment manufacturing industry will continue to maintain the momentum of rapid growth, benefiting from this, the demand for reducer will also be effectively stimulated.

2. The demand prospect of cement machinery industry for reducer

Cement machinery as an important industry to revitalize cement industry. Shenzhen reducer pointed out that with the state's policy support for infrastructure construction and the strengthening of macro-control of the cement industry, cement machinery market demand growth space will be broader, cement machinery industry will develop in a more reasonable direction. Reducer is the second type of general mechanical equipment used in cement machinery, its market prosperity is bound to accompany the strong demand of cement machinery industry and continue to rise.