Bearing

Bearing Market Size to Hit US$ 195 Billion By 2027 Bearing Market Size, Growth, Trends Analysis, Market Scope, Segment Forecasts, Regional Outlook 2020 - 2027

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The bearing market size is expected to hit around US$ 195 billion by 2027 growing at a CAGR of 6.85% from 2020 to 2027. The report contains 150+ pages with detailed analysis.

The base year for the study has been considered 2020, the historic year 2018, and 2019, the forecast period considered is from 2020 to 2027. The bearing market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).

Download the Sample Pages of this Report for Better Understanding (Including TOC, List of Tables & Figures, and Chart) @ https://www.precedenceresearch.com/sample/1020

Scope of the Stud

This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, the Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes the market by key players and various segment. This report also studies global market prominence, competitive landscape, market share, growth rates market dynamics such as drivers, restraints and opportunities, and distributors and sales channels.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Growth Factors

Rising production of vehicles is directly prompting the sale for bearings employed in automotive sector. As per data presented by the International Organization of Motor Vehicle Manufacturers (OICA), passenger vehicles production on the global level was around 69 million units in 2018, recording a growth of 2.2% than earlier year. Bearings find application in machinery that required to be supervised continuously to safeguard consistency, competence, reliability, and cost efficacy of the operations. Forthcoming technologies including smart bearings may assist firms tocontinuously supervise bearing operations. These drivers are projected to offer alluring opportunities the global bearing marketplace.

Proliferating demand for high-performance bearings has caused in companies to incorporate enhanced sensor units in their products ranges. These sensor units aid in digital monitoring of deceleration, rotation speed, axial movement, acceleration, and load carrying capability of the product. Moreover, the arrival of Industrial Internet of Things (IIoT) has stimulated implementation and continual monitoring of connected machinery and equipment. Such trends are also expected to support the growth of global bearing market during years to come.

Regional Snapshots

Asia Pacific dominated the global bearing market in 2019 and anticipated to mirror this dominance throughout the forecast period. Stimulating demand from various end user sectors along with stress-free government regulations for establishing of small & medium engineering units is anticipated to lift the growth of the market in this region.

Europe appeared as second biggest market for bearings on account of presence of huge number of automotive manufacturers in the region. Europe is estimated to reveal huge growth because of the existence of large automobile production facilities and noteworthy demand for high-performance machines from power, construction, and aviation in the region. North America is also expected to exhibit substantial growth during years to come on account of promising government initiatives for the safety of passengers and vehicles. Likewise, steady economy, escalation in demand for bearings from numerous industry verticals including power, aerospace & defense and cutting-edge technology are together projected to lift growth of the market in North America in near future.

Report Highlights

  • Asia Pacific is expected to record fastest growing market with majority of market share in 2019.
  • The Industry 4.0 trend is one of the prime drivers which is anticipate to lift sale of bearings as industrial and factory automation gets thrust during years to come
  • Europe emerged as second largest bearing market due to presence of high number of automotive firms in the region
  • Augmented demand for dedicated bearing solutions that cater several industry specific specifications is expected to lift the demand of bearings worldwide
  • Automotive sector accounted for higher market share in 2019 due to upsurge in the global automotive production

Key Players/Manufacturers

This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the bearing market and ranks noticeable companies as per their occurrence in diverse regions across the globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the global bearing market include:

  • SKF
  • The Timken Company
  • Rexnord Corporation
  • MinebeaMitsumi Inc.
  • NSK Ltd
  • Schaeffler AG
  • RBC Bearings Incorporated
  • JTEKT Corporation
  • NTN Bearing Corporation
  • Danaher

Market Segments Covered in the Report

By Product Type

  • Plain Bearing
  • Ball Bearing
    • Four-point Contact
    • Self-aligning
    • Deep Groove
    • Angular Contact
    • Others
  • Roller Bearing
  • Others

By Type

  • Mounted Bearing
  • Unmounted Bearing

By Material Type

  • Metal
    • Stainless Steel
    • Chrome Steel
    • Carbon Steel
    • Brass
    • Others
  • Plastic
  • Ceramic

By Distribution Channel Type

  • Offline
  • Online

By Component Type

  • Cages
  • Balls
  • Rollers
  • Rings
  • Others

By Application Type

  • Construction
  • Aerospace
  • Automotive
  • Power Transmission
  • Oil & Gas

By Regional Type

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Middle East & Africa
  • Latin America

Research Objective

  • To provide a comprehensive analysis of the bearing industry and its sub-segments in the global market, thereby providing a detailed structure of the industry
  • To provide detailed insights into factors driving and restraining the growth of this global market
  • To provide a distribution chain analysis/value chain for the this market
  • To estimate the market size of the global bearing market where 2019 would be the historical period, 2020 shall be the base year, and 2020 to 2027 will be the forecast period for the study
  • To provide strategic profiling of key companies (manufacturers and distributors) present across the globe, and comprehensively analyze their competitiveness/competitive landscape in this market
  • To analyze the global market in four main geographies, namely, North America, Europe, Asia-Pacific, and the Rest of the World
  • To provide country-wise market value analysis for various segments of the bearing

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Bearing Market, By Product Type

7.1. Bearing Market, by Product Type, 2020-2027
7.1.1. Plain Bearing
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Ball Bearing
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Roller Bearing
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Other
7.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Bearing Market, By Type

8.1. Bearing Market, by Type, 2020-2027
8.1.1. Mounted Bearing
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Unmounted Bearing
8.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Bearing Market, By Material Type

9.1. Bearing Market, by Material Type, 2020-2027
9.1.1. Metal (Stainless Steel, Chrome Steel, Carbon Steel, Brass)
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Plastic
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Ceramic
9.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Bearing Market, By Component Type

10.1. Bearing Market, by Component Type, 2020-2027
10.1.1. Cages
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Balls
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Rollers
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Rings
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Other
10.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Bearing Market, By Distribution Channel

11.1. Bearing Market, by Distribution Channel, 2020-2027
11.1.1. Offline
11.1.1.1. Market Revenue and Forecast (2016-2027)
11.1.2. Online
11.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 12. Global Bearing Market, By Application

12.1. Bearing Market, by Application Type, 2020-2027
12.1.1. Construction
12.1.1.1. Market Revenue and Forecast (2016-2027)
12.1.2. Aerospace
12.1.2.1. Market Revenue and Forecast (2016-2027)
12.1.3. Automotive
12.1.3.1. Market Revenue and Forecast (2016-2027)
12.1.4. Power Transmission
12.1.4.1. Market Revenue and Forecast (2016-2027)
12.1.5. Oil & Gas
12.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 13. Global Bearing Market, Regional Estimates and Trend Forecast

13.1. North America
13.1.1. Market Revenue and Forecast, by Product (2016-2027)
13.1.2. Market Revenue and Forecast, by Type (2016-2027)
13.1.3. Market Revenue and Forecast, by Material (2016-2027)
13.1.4. Market Revenue and Forecast, by Component (2016-2027)
13.1.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.1.6. Market Revenue and Forecast, by Application (2016-2027)
13.1.7. U.S.
13.1.7.1. Market Revenue and Forecast, by Product (2016-2027)
13.1.7.2. Market Revenue and Forecast, by Type (2016-2027)
13.1.7.3. Market Revenue and Forecast, by Material (2016-2027)
13.1.7.4. Market Revenue and Forecast, by Component (2016-2027)
13.1.8. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.1.8.1. Market Revenue and Forecast, by Application (2016-2027)
13.1.9. Rest of North America
13.1.9.1. Market Revenue and Forecast, by Product (2016-2027)
13.1.9.2. Market Revenue and Forecast, by Type (2016-2027)
13.1.9.3. Market Revenue and Forecast, by Material (2016-2027)
13.1.9.4. Market Revenue and Forecast, by Component (2016-2027)
13.1.10. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.1.11. Market Revenue and Forecast, by Application (2016-2027)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Product (2016-2027)
13.2.2. Market Revenue and Forecast, by Type (2016-2027)
13.2.3. Market Revenue and Forecast, by Material (2016-2027)
13.2.4. Market Revenue and Forecast, by Component (2016-2027)
13.2.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.2.6. Market Revenue and Forecast, by Application (2016-2027)
13.2.8. UK
13.2.8.1. Market Revenue and Forecast, by Product (2016-2027)
13.2.8.2. Market Revenue and Forecast, by Type (2016-2027)
13.2.8.3. Market Revenue and Forecast, by Material (2016-2027)
13.2.9. Market Revenue and Forecast, by Component (2016-2027)
13.2.10. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.2.10.1. Market Revenue and Forecast, by Application (2016-2027)
13.2.11. Germany
13.2.11.1. Market Revenue and Forecast, by Product (2016-2027)
13.2.11.2. Market Revenue and Forecast, by Type (2016-2027)
13.2.11.3. Market Revenue and Forecast, by Material (2016-2027)
13.2.12. Market Revenue and Forecast, by Component (2016-2027)
13.2.13. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.2.14. Market Revenue and Forecast, by Application (2016-2027)
13.2.15. France
13.2.15.1. Market Revenue and Forecast, by Product (2016-2027)
13.2.15.2. Market Revenue and Forecast, by Type (2016-2027)
13.2.15.3. Market Revenue and Forecast, by Material (2016-2027)
13.2.15.4. Market Revenue and Forecast, by Component (2016-2027)
13.2.16. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.2.16.1. Market Revenue and Forecast, by Application (2016-2027)
13.2.17. Rest of Europe
13.2.17.1. Market Revenue and Forecast, by Product (2016-2027)
13.2.17.2. Market Revenue and Forecast, by Type (2016-2027)
13.2.17.3. Market Revenue and Forecast, by Material (2016-2027)
13.2.17.4. Market Revenue and Forecast, by Component (2016-2027)
13.2.18. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.2.18.1. Market Revenue and Forecast, by Application (2016-2027)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Product (2016-2027)
13.3.2. Market Revenue and Forecast, by Type (2016-2027)
13.3.3. Market Revenue and Forecast, by Material (2016-2027)
13.3.4. Market Revenue and Forecast, by Component (2016-2027)
13.3.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.3.6. Market Revenue and Forecast, by Application (2016-2027)
13.3.7. India
13.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
13.3.7.2. Market Revenue and Forecast, by Type (2016-2027)
13.3.7.3. Market Revenue and Forecast, by Material (2016-2027)
13.3.7.4. Market Revenue and Forecast, by Component (2016-2027)
13.3.8. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.3.9. Market Revenue and Forecast, by Application (2016-2027)
13.3.10. China
13.3.10.1. Market Revenue and Forecast, by Product (2016-2027)
13.3.10.2. Market Revenue and Forecast, by Type (2016-2027)
13.3.10.3. Market Revenue and Forecast, by Material (2016-2027)
13.3.10.4. Market Revenue and Forecast, by Component (2016-2027)
13.3.11. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.3.11.1. Market Revenue and Forecast, by Application (2016-2027)
13.3.12. Japan
13.3.12.1. Market Revenue and Forecast, by Product (2016-2027)
13.3.12.2. Market Revenue and Forecast, by Type (2016-2027)
13.3.12.3. Market Revenue and Forecast, by Material (2016-2027)
13.3.12.4. Market Revenue and Forecast, by Component (2016-2027)
13.3.12.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.3.12.6. Market Revenue and Forecast, by Application (2016-2027)
13.3.13. Rest of APAC
13.3.13.1. Market Revenue and Forecast, by Product (2016-2027)
13.3.13.2. Market Revenue and Forecast, by Type (2016-2027)
13.3.13.3. Market Revenue and Forecast, by Material (2016-2027)
13.3.13.4. Market Revenue and Forecast, by Component (2016-2027)
13.3.13.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.3.13.6. Market Revenue and Forecast, by Application (2016-2027)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Product (2016-2027)
13.4.2. Market Revenue and Forecast, by Type (2016-2027)
13.4.3. Market Revenue and Forecast, by Material (2016-2027)
13.4.4. Market Revenue and Forecast, by Component (2016-2027)
13.4.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.4.6. Market Revenue and Forecast, by Application (2016-2027)
13.4.7. GCC
13.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
13.4.7.2. Market Revenue and Forecast, by Type (2016-2027)
13.4.7.3. Market Revenue and Forecast, by Material (2016-2027)
13.4.7.4. Market Revenue and Forecast, by Component (2016-2027)
13.4.8. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.4.9. Market Revenue and Forecast, by Application (2016-2027)
13.4.10. North Africa
13.4.10.1. Market Revenue and Forecast, by Product (2016-2027)
13.4.10.2. Market Revenue and Forecast, by Type (2016-2027)
13.4.10.3. Market Revenue and Forecast, by Material (2016-2027)
13.4.10.4. Market Revenue and Forecast, by Component (2016-2027)
13.4.11. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.4.12. Market Revenue and Forecast, by Application (2016-2027)
13.4.13. South Africa
13.4.13.1. Market Revenue and Forecast, by Product (2016-2027)
13.4.13.2. Market Revenue and Forecast, by Type (2016-2027)
13.4.13.3. Market Revenue and Forecast, by Material (2016-2027)
13.4.13.4. Market Revenue and Forecast, by Component (2016-2027)
13.4.13.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.4.13.6. Market Revenue and Forecast, by Application (2016-2027)
13.4.14. Rest of MEA
13.4.14.1. Market Revenue and Forecast, by Product (2016-2027)
13.4.14.2. Market Revenue and Forecast, by Type (2016-2027)
13.4.14.3. Market Revenue and Forecast, by Material (2016-2027)
13.4.14.4. Market Revenue and Forecast, by Component (2016-2027)
13.4.14.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.4.14.6. Market Revenue and Forecast, by Application (2016-2027)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Product (2016-2027)
13.5.2. Market Revenue and Forecast, by Type (2016-2027)
13.5.3. Market Revenue and Forecast, by Material (2016-2027)
13.5.4. Market Revenue and Forecast, by Component (2016-2027)
13.5.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.5.6. Market Revenue and Forecast, by Application (2016-2027)
13.5.7. Brazil
13.5.7.1. Market Revenue and Forecast, by Product (2016-2027)
13.5.7.2. Market Revenue and Forecast, by Type (2016-2027)
13.5.7.3. Market Revenue and Forecast, by Material (2016-2027)
13.5.7.4. Market Revenue and Forecast, by Component (2016-2027)
13.5.8. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.5.8.1. Market Revenue and Forecast, by Application (2016-2027)
13.5.9. Rest of LATAM
13.5.9.1. Market Revenue and Forecast, by Product (2016-2027)
13.5.9.2. Market Revenue and Forecast, by Type (2016-2027)
13.5.9.3. Market Revenue and Forecast, by Material (2016-2027)
13.5.9.4. Market Revenue and Forecast, by Component (2016-2027)
13.5.9.5. Market Revenue and Forecast, by Distribution Channel (2016-2027)
13.5.9.6. Market Revenue and Forecast, by Application (2016-2027)

Chapter 14. Company Profiles

14.1. SKF
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. The Timken Company
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Rexnord Corporation
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. MinebeaMitsumi Inc.
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. NSK Ltd
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Schaeffler AG
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. RBC Bearings Incorporated
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. JTEKT Corporation
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. NTN Bearing Corporation
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Danaher
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions

Chapter 16. Appendix

16.1. About Us
16.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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