After experiencing the long-term sturdiness and development of the market, it gradually evolved into a dominant force covering the Chinese market. The speed reducer has shown the vitality of shocking the world. The development prospects of the reducer industry in 2017 are of concern. The following section will introduce the role of the downstream industry. With the rapid development of the domestic economy in recent years, the export volume of the heavy machinery industry has increased, and the development of the retarder industry as an important basic industry has been extremely rapid. The reducer companies are expanding their production and sales scales, and their processing capacity and technology levels are continuously improving. The industry outlook for the future reducer market will be excellent. Benefiting from the continuous deepening of the industrialization and urbanization process and the country’s attention to the machinery manufacturing industry, the reducer industry is one of the basic equipment industries in China. At the same time, China's economic development has entered a period of deep adjustment, and the reducer industry has also entered a transitional upgrade. Analysis of the development prospects of the reducer industry in 2017: The downstream industry promotes development The reducer is used as an indispensable transmission equipment in modernization and is used in various industries. The development prospects of the reducer industry: the downstream industry's promotion of the development of the reducer industry The downstream applications of reducers mainly include various fields of national economy and defense industry such as lifting and transport, cement building materials, heavy mining, metallurgy, electric power, and aviation ships. Due to the force from the downstream market, the development prospects of China's reducer industry are promising. The specific analysis is as follows: 1. The demand for the reducer in the lifting and transport equipment industry The lifting and transport equipment manufacturing industry in China is facing good opportunities for development. The accelerated implementation of urbanization has led to the construction of urban infrastructure that has created a huge demand for machinery and equipment. This has created a good macro environment for the development of lifting and transportation equipment manufacturers. Lifting transport equipment is the most widely used industry for speed reducers. The development speed of the industry directly affects the speed of growth in the market for reducers. It is expected that during the “Twelfth Five-Year Plan†period, China's lifting transportation equipment manufacturing industry will continue to maintain its momentum of rapid growth. With this, the demand for speed reducers will also be effectively promoted. 2. Prospects for Decelerators in the Cement Machinery Industry Cement machinery is an important industry for revitalizing the cement industry. With the country's policy support for infrastructure construction and the increase in the macro-control of the cement industry, the growth space for cement machinery market demand will be even wider, and the cement machinery industry will develop in a more reasonable direction. The speed reducer is the second-largest category of general machinery and equipment used in cement machinery, and its market boom must inevitably increase with the strong demand of the cement machinery industry. 3. Prospects for the demand for speed reducers in the metallurgical machinery industry In the past few years, under the guidance of the national macro-control, the steel industry has strictly controlled the total production capacity, accelerated the elimination of backward production capacity, and strictly controlled new production capacity. After undergoing a long period of extensive expansion, the steel industry urgently needs to accelerate structural adjustment and industrial upgrading. This adjustment has brought challenges to metallurgical heavy machinery manufacturing, especially high-tech high-end equipment manufacturing, and has brought about market opportunities. . 
Overall, the opportunities are greater than the challenges. During the “12th Five-Year Plan†period, environmental protection and large-scale and high-efficiency iron and steel smelting equipment will usher in a new round of rapid growth. As an important accessory product for metallurgical equipment, the demand for speed reducers in metallurgical equipment will also be effectively driven. 4. The demand of the robotics industry for the reducer The robot industry is the industry that attracts the most attention nowadays. Needless to say, there is no room for development. Precision reducer is the most important functional component in industrial robots and is a crucial application link in the robot industry chain. According to the forecast of the national authoritative department, from 2015 to 2018, the newly increased demand for industrial robots in China will reach 236,000 sets, 296,000 sets, 369,000 sets and 462,000 sets. In addition, for industrial robots held in the domestic market, which are calculated for a typical service life of 8 to 10 years, the market demand for precision speed reducers will exceed 1 million units in the future, and the annual market sales will exceed 10 billion yuan. According to an in-depth forecast report on the supply and demand outlook of China's reducer industry market released in the China Reporting Hall for 2016-2021, the effect of China’s macroeconomic policies and the strengthening of infrastructure investment will surely drive metallurgy, electric power, construction machinery, etc. The industry's demand for speed reducers has grown significantly.
Overall, the opportunities are greater than the challenges. During the “12th Five-Year Plan†period, environmental protection and large-scale and high-efficiency iron and steel smelting equipment will usher in a new round of rapid growth. As an important accessory product for metallurgical equipment, the demand for speed reducers in metallurgical equipment will also be effectively driven. 4. The demand of the robotics industry for the reducer The robot industry is the industry that attracts the most attention nowadays. Needless to say, there is no room for development. Precision reducer is the most important functional component in industrial robots and is a crucial application link in the robot industry chain. According to the forecast of the national authoritative department, from 2015 to 2018, the newly increased demand for industrial robots in China will reach 236,000 sets, 296,000 sets, 369,000 sets and 462,000 sets. In addition, for industrial robots held in the domestic market, which are calculated for a typical service life of 8 to 10 years, the market demand for precision speed reducers will exceed 1 million units in the future, and the annual market sales will exceed 10 billion yuan. According to an in-depth forecast report on the supply and demand outlook of China's reducer industry market released in the China Reporting Hall for 2016-2021, the effect of China’s macroeconomic policies and the strengthening of infrastructure investment will surely drive metallurgy, electric power, construction machinery, etc. The industry's demand for speed reducers has grown significantly.
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