Comments: Prospects of wind power equipment industry and impact on bearings and other industries

At present, there are two clear features in the wind power equipment industry: Wind power as the new energy industry has the most mature industrialization segmentation industry, and the market outlook is very optimistic.

According to the data, the “Renewable Energy Medium- and Long-Term Development Plan” promulgated by the Development and Reform Commission in 2007 proposed that by 2012, the total installed wind power capacity in China will reach 30 million kilowatts. In fact, this target can be achieved in 2010. It is estimated that the 2015 national wind power plan installation will be 90 million kilowatts (including offshore wind power 5 million kilowatts), and 2020 national wind power planning installed capacity of 250 million kilowatts (including 30 million kilowatts of offshore wind power), which means that the future wind power industry will continue to advance at a high speed and will inevitably form a strong demand for related equipment supporting manufacturers. Incremental demand. For the whole machine manufacturer, the decline in gross profit margin has become a huge potential risk.

For example, the gross margin of Goldwind [20.92-2.70%] in the first three quarters of this year decreased by 1 percentage point year-on-year. Under this background, it means that wind turbine manufacturers need to further localize the supporting equipment in order to reduce costs. Therefore, the domestic wind power equipment supporting industry will face a new market demand.

The price of wind turbine products continues to move downwards, which means that the trend of localization is more clear. It is understood that due to technological advances, declining raw material costs, and fierce competition, the market price of China's onshore wind power generators has continued to decline. Currently, the price of over 5000 yuan/kw has fallen below 4,000 yuan/kw. At the same level, prices have fallen by nearly 30% within one year.