With the development of national infrastructure, China’s reducer industry has developed rapidly. According to statistics from the branch, the reducer industry produced 450,000 reducers last year, with sales of 2 billion yuan. Export sales are about 100 million US dollars. Some experts predict that during the "Eleventh Five-Year Plan" period, the total economic growth of the reducer industry will reach double digits due to the country’s overall economic development.
The reducer can be widely used in various fields such as national economy and national defense. The product has developed from single cycloid pinwheel reducer to five categories. There are cycloidal pinwheel reducers, continuously variable transmissions, gear reducers, worm reducers and electric pulleys. According to preliminary statistics, the main industries that reducers are applied to are: electrical machinery, metallurgical machinery, environmental protection machinery, electronic appliances, road construction machinery, chemical machinery, food machinery, light industry machinery, mining machinery, transportation machinery, construction machinery, and construction. Material machinery, cement machinery, rubber machinery, hydraulic machinery and petroleum machinery, etc.
Due to the proactive fiscal policy adopted by the country, domestic demand has been stimulated, investment in fixed assets has been increased, and various industries have developed rapidly. In particular, investment in infrastructure has promoted the development of metallurgy, electricity, construction machinery, building materials and energy. Therefore, the demand for reducers is also increasing. It is foreseeable that during the "Eleventh Five-Year Plan" period, with the country’s attention to the machinery manufacturing industry, the acceleration of the development of large equipment and the construction of competition venues, the future of the reducer industry will be more prosperous.
The entire industry will maintain a rapid development trend, especially the gear reducer industry. The growth of gear reducers will be greatly improved, which is closely related to the wide application of these products in imported equipment. Therefore, experts suggest that companies should seize this once-in-a-lifetime opportunity to develop and manufacture gear reducers, especially large and hard surface reducers, to meet market demand.

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