From the 1970s to the 1980s, the world's reducer technology had a great development, and it was closely integrated with the development of the new technological revolution. The concentric reducer is a mechanical transmission device in many fields of the national economy. The product categories involved in the industry include various gear reducers, planetary gear reducers and worm reducers, as well as various special transmission devices, such as speed increasing devices and adjusting devices. Speed ??devices, and various composite transmission devices including flexible transmission devices. The product service area involves metallurgy, non-ferrous metals, coal, building materials, shipbuilding, water conservancy, electric power, engineering machinery and petrochemical industries.

The development history of my country's concentric reducer industry has been nearly 40 years, and the concentric reducer products have been widely used in various fields of the national economy and national defense industry. Food and light industry, electrical machinery, construction machinery, metallurgical machinery, cement machinery, environmental protection machinery, electronic appliances, road construction machinery, water conservancy machinery, chemical machinery, mining machinery, transportation machinery, building materials machinery, rubber machinery, petroleum machinery and other industries Concentric reducer products are in strong demand.
The huge potential market has spawned fierce industry competition. In the cruel market competition, concentric reducer industry enterprises must accelerate the elimination of outdated production capacity, vigorously develop high-efficiency energy-saving products, make full use of the national energy-saving products benefiting people project policy opportunities, and increase product renewal Strengthen, adjust product structure, pay attention to national industrial policies, in order to cope with the complex and changeable economic environment, and maintain a good momentum of development.