Export of Sumitomo components: The momentum of overseas market expansion is good

Recently, in the field of component exports, Sumitomo's overseas business expansion in parts has attracted considerable attention, demonstrating a positive and steady development trend as it progresses steadily in the international market.

Sumitomo offers a diverse range of component products, covering sectors such as automotive, construction machinery, and transmission equipment. In the automotive parts segment, with the global automotive industry transitioning toward electrification and intelligence, Sumitomo has actively adapted to the trend by increasing investment in the research, development, and production of components related to new energy vehicles. Its key components, including batteries, motors, and electronic control systems, have met international market demand for new energy vehicle parts with reliable performance and stable quality, leading to a continuous rise in export volumes.

In the construction machinery sector, Sumitomo's components have also performed well. Take Sumitomo Construction Machinery as an example—its hydraulic excavator parts enjoy high recognition in the international market. Sumitomo Construction Machinery has actively expanded its overseas presence, increasing exports to emerging markets such as Southeast Asia. Plans include exporting multi-tonnage hydraulic excavator components to countries like Indonesia, with export volumes showing steady growth and providing strong support for local infrastructure development.

In the field of transmission equipment, Sumitomo's gear reducers stand out for their suitable reduction ratios, high efficiency, smooth operation, and low noise, making them widely applicable across various global industries. In sectors such as metallurgy, mining, construction, and chemicals, Sumitomo gear reducers have delivered stable power transmission solutions for various mechanical equipment, earning the trust of overseas customers.

To ensure the smooth operation of its export business, Sumitomo's component manufacturers have continuously improved production management, optimized production processes, and strengthened quality control systems to ensure compliance with international standards. At the same time, they have actively responded to challenges posed by changes in the international trade environment by enhancing communication and cooperation with overseas clients and diversifying market channels to mitigate risks and improve market adaptability.

With the gradual recovery of the global economy and the continued development of international trade, Sumitomo's component export business is poised to seize new growth opportunities, contributing further to the advancement of the global parts market.