Global Bearings Market Insights, Forecast to 2025
A bearing is a machine element that constrains relative motion to only the desired motion, and reduces friction between moving parts. The design of the bearing provides for free linear movement of the moving part or for free rotation around a fixed axis; or, it prevents a motion by controlling the vectors of normal forces that bear on the moving parts.
For industry structure analysis, the Bearings industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 46 % of the revenue market.
Ball bearings occupied 66.71% of the revenue market in 2016, while roller bearings accounts for around 33.29% of the total industry. As for application field, Automotive Industry and Industrial Machine are the largest two application fields which account for 45.23% and 31.46% respectively. Aerospace industry is smaller with 10.54% in 2016 and other application accounts for about 12.77% of the market.
For price trend analysis, a key variable in the performance of Bearings producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
For forecast, the Mexico Bearings revenue would keep increasing with annual growth rate with 5~7%. We tend to believe that this industry still has a good future, considering the current demand of Bearings.
The Bearings market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bearings.
This report presents the worldwide Bearings market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
SKF
Schaeffler
NSK
TIMKEN
JTEKT
NTN
Federal-Mogul
NACHI
NMB
Rexnord
ZWZ
C&U GROUP
Bearings Breakdown Data by Type
Ball Bearing
Roller Bearing
Bearings Breakdown Data by Application
Automotive Industry
Industrial Machine
Aerospace Industry
Others
Bearings Production by Region
United States
Europe
China
Japan
Other Regions
Bearings Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Bearings status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Bearings manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Bearings :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Bearings market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
For industry structure analysis, the Bearings industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 46 % of the revenue market.
Ball bearings occupied 66.71% of the revenue market in 2016, while roller bearings accounts for around 33.29% of the total industry. As for application field, Automotive Industry and Industrial Machine are the largest two application fields which account for 45.23% and 31.46% respectively. Aerospace industry is smaller with 10.54% in 2016 and other application accounts for about 12.77% of the market.
For price trend analysis, a key variable in the performance of Bearings producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
For forecast, the Mexico Bearings revenue would keep increasing with annual growth rate with 5~7%. We tend to believe that this industry still has a good future, considering the current demand of Bearings.
The Bearings market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bearings.
This report presents the worldwide Bearings market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
SKF
Schaeffler
NSK
TIMKEN
JTEKT
NTN
Federal-Mogul
NACHI
NMB
Rexnord
ZWZ
C&U GROUP
Bearings Breakdown Data by Type
Ball Bearing
Roller Bearing
Bearings Breakdown Data by Application
Automotive Industry
Industrial Machine
Aerospace Industry
Others
Bearings Production by Region
United States
Europe
China
Japan
Other Regions
Bearings Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Bearings status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Bearings manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Bearings :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Bearings market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
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