Bearing Market

Bearing Market

Category : Mechanics & Equipment Reports | Delivery Format : PDF,PPT | Publisher: Reports and Insights | Pages : 334

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Bearing Market Overview

The report is titled ‘Bearing Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the bearing market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The bearing market is expected to grow at a significant rate in the near future.

The bearing market is estimated to reach at a value of US 122.5 Bn by the end of 2022 and expected to reach at a value of US$ 194.2 Bn by 2030 with a significant CAGR of 6.0%.

Bearing Introduction

Bearings, basically, are mechanical assemblages that comprises rolling elements and generally outer and inner races which serve its utility by rotary or linear shaft applications. Notably, there are numerous kinds of bearings, such as roller and ball bearings, linear bearings, and also mounted forms that may utilize either plain bearings or rolling element bearings.

Bearings are a pivotal tribological element of many kinds of machinery and available in a variety of shapes and forms. For instance, a sliding door, which cannot be removed or lifted from its place. It only allows sliding to open it. The practicable movement is bound to sliding motion with the help of bearings. The major intention of bearings is to avoid direct metal to metal contact in the middle of two elements that have relative motion between them. This hinders heat generation, friction, and lastly, the depreciation and disintegration of parts. It further lowers energy consumption as low friction rolling takes place of sliding motion.

Bearing Market Dynamics

Bearing is the machinery component that is employed to assist relative motion and lessen friction that is created amongst the moving parts. The myriad of applications of bearing in various industries across the world, including wind turbines, automobile, agricultural equipment, construction & mining machinery, machine tools, and many others. Owing to which, the global bearing market is projected to witness major breakthroughs over the coming years.

With the same token, bearings also finds application in automobiles to make sure the smooth running of cars, electric vehicles (EVs), and other kinds of vehicles such as heavy vehicles such as trucks and lightweight commercial vehicles. The advances in the automobile industry further stimulates the demand of various kinds of bearing in the global markets, which in turn is projected to positively fuel the growth of the global bearing market in the forthcoming future.

Bearing Market Image

 

Bearing Market Segmentation

The global bearing market is segmented on the basis of type, size, distribution channel, machine type, end-use and regions. On the basis of type, the bearing market is segmented into ball bearings and tapered bearings. On the basis of size, the market is categorized into 30 to 40, 41 to 50, 51 to 60, 61 to 70, and 70 & above. Furthermore, on the basis of the distribution channel, the market is bifurcated into Original equipment manufacturers (OEMs) and Aftermarket. On the basis of machine type, the market is divided into ICE Vehicles, Electric Vehicles, Industrial Machinery, and Aerospace Machinery. The market is segmented on the basis of end-user into Automotive, Industrial, and Aerospace.

The research report classifies the global bearing market based on type, size, distribution channel, machine type, end-use and regions.

By Type

Ball bearings

Tapered Bearings

By Size

30 to 40

41 to 50

51 to 60

61 to 70

70 & above

By Distribution Channel

Original Equipment Manufacturers (OEMs)

Aftermarket

By Machine Type

ICE Vehicles

Electric Vehicles

Industrial Machinery

Aerospace Machinery

By End Use

Automotive

Industrial

Aerospace

By Region

North America

Latin America

Africa

Europe

Asia Pacific

Middle East

Bearing Market Key Players

The global bearing market is dominated by NSK Ltd., Schaeffler AG, NTN Corporation, SKF, Iljin Bearing, RKB Bearing, JTEKT Corporation, Timken, Wafangdian Bearing Co. Ltd., THK Co. Ltd., among others.

MMC Overview on Bearing Market Report

The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the bearing market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of bearing

Advantages of bearing

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.


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1.    Global Bearing Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Bearing Market Overview

2.1.    Introduction

2.1.1.    Introduction

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Bearing Market Snapshot

2.4.    Global Bearing Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Bearing Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Porter’s Five Forces Model

2.7.    SWOT Analysis

3.    Bearing Assessment and Analysis

3.1.    Bearing Impact Analysis 

3.2.    Actions to encourage use of Bearing

3.3.    Bearing Promotional Strategy Recommendation

3.4.    Road Map Analysis

3.5.    GAP Analysis

3.6.    Potential Analysis

4.    Covid-19 Impact on Bearing Market

4.1.    Impact Analysis of Covid-19 on the global Bearing market

4.2.    Effect On Value Chain

4.3.    Business Impact W.R.T Revenue 

4.4.    Fluctuation In Production

4.5.    Volatility In Price 

4.6.    Effect On The Overall Trade 

4.7.    Market Impact Analysis In 2020 (Quarter Wise)

5.    Global Bearing Market, By Type

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Type

5.1.2.    BPS Analysis, By Type

5.2.    Market Revenue (US$Mn) and Forecast, By Type

5.2.1.    Ball bearings

5.2.2.    Tapered bearings

5.3.    Global Bearing Market Attractiveness Index, By Type

6.    Global Bearing Market, By Size

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Size

6.1.2.    BPS Analysis, By Size

6.2.    Market Revenue (US$Mn) and Forecast, By Size

6.2.1.    30 to 40

6.2.2.    41 to 50

6.2.3.    51 to 60

6.2.4.    61 to 70

6.2.5.    70 & above

6.3.     Global Bearing Market Attractiveness Index, By Size

7.    Global Bearing Market, By Distribution Channel

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Distribution Channel

7.1.2.    BPS Analysis, By Distribution Channel

7.2.    Market Revenue (US$Mn) and Forecast, By Distribution Channel

7.2.1.    Original equipment manufacturers (OEMs)

7.2.2.    Aftermarket

7.3.     Global Bearing Market Attractiveness Index, By Distribution Channel

8.    Global Bearing Market, By Machine Type

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Machine Type

8.1.2.    BPS Analysis, By Machine Type

8.2.    Market Revenue (US$Mn) and Forecast, By Machine Type

8.2.1.    ICE Vehicles

8.2.2.    Electric Vehicles

8.2.3.    Industrial Machinery

8.2.4.    Aerospace Machinery

8.3.     Global Bearing Market Attractiveness Index, By Machine Type

9.    Global Bearing Market, By End-Use

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By End-Use

9.1.2.    BPS Analysis, By End-Use

9.2.    Market Revenue (US$Mn) and Forecast, By End-Use

9.2.1.    Automotive

9.2.2.    Industrial

9.2.3.    Aerospace

9.3.     Global Bearing Market Attractiveness Index, By End-Use

10.    Global Bearing Market, By Region

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Region

10.1.2.    BPS Analysis, By Region

10.2.    Market Revenue (US$Mn) and Forecast, By Region

10.2.1.    North America

10.2.2.    Latin America

10.2.3.    Europe

10.2.4.    Asia Pacific

10.2.5.    Middle East 

10.2.6.    Africa

10.3.    Global Bearing Market Attractiveness Index, By Region

11.    North America Bearing Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market Revenue (US$Mn) and Forecast, By Country

11.2.1.    U.S. Bearing Market

11.2.2.    Canada Bearing Market

11.3.    North America Bearing Market, By Type

11.3.1.    Ball bearings

11.3.2.    Tapered bearings

11.4.    North America Bearing Market Revenue (US$Mn) and Forecast, By Size

11.4.1.    30 to 40

11.4.2.    41 to 50

11.4.3.    51 to 60

11.4.4.    61 to 70

11.4.5.    70 & above

11.5.    North America Bearing Market Revenue (US$Mn) and Forecast, By Distribution Channel

11.5.1.    Original equipment manufacturers (OEMs)

11.5.2.    Aftermarket

11.6.    North America Bearing Market Revenue (US$Mn) and Forecast, By Machine Type

11.6.1.    ICE Vehicles

11.6.2.    Electric Vehicles

11.6.3.    Industrial Machinery

11.6.4.    Aerospace Machinery

11.7.    North America Bearing Market Revenue (US$Mn) and Forecast, By End-use

11.7.1.    Automotive

11.7.2.    Industrial

11.7.3.    Aerospace

11.8.    North America Bearing Market Attractiveness Index

11.8.1.    By Country

11.8.2.    By Type

11.8.3.    By Size

11.8.4.    By Distribution Channel

11.8.5.    By Machine Type

11.8.6.    By End-use

12.    Latin America Bearing Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    Brazil Bearing Market

12.2.2.    Mexico Bearing Market

12.2.3.    Rest Of Latin America Bearing Market

12.3.    Latin America Bearing Market, By Type

12.3.1.    Ball bearings

12.3.2.    Tapered bearings

12.4.    Latin America Bearing Market Revenue (US$Mn) and Forecast, By Size

12.4.1.    30 to 40

12.4.2.    41 to 50

12.4.3.    51 to 60

12.4.4.    61 to 70

12.4.5.    70 & above

12.5.    Latin America Bearing Market Revenue (US$Mn) and Forecast, By Distribution Channel

12.5.1.    Original equipment manufacturers (OEMs)

12.5.2.    Aftermarket

12.6.    Latin America Bearing Market Revenue (US$Mn) and Forecast, By Machine Type

12.6.1.    ICE Vehicles

12.6.2.    Electric Vehicles

12.6.3.    Industrial Machinery

12.6.4.    Aerospace Machinery

12.7.    Latin America Bearing Market Revenue (US$Mn) and Forecast, By End-use

12.7.1.    Automotive

12.7.2.    Industrial

12.7.3.    Aerospace

12.8.    Latin America Bearing Market Attractiveness Index

12.8.1.    By Country

12.8.2.    By Type

12.8.3.    By Size

12.8.4.    By Distribution Channel

12.8.5.    By Machine Type

12.8.6.    By End-use

13.    Europe Bearing Market Analysis and Forecast, 2020–2028

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market (US$Mn) Forecast, By Country

13.2.1.    U.K. Bearing Market

13.2.2.    Germany Bearing Market

13.2.3.    Italy Bearing Market

13.2.4.    France Bearing Market

13.2.5.    Spain Bearing Market

13.2.6.    Russia Bearing Market

13.2.7.    Rest Of Europe Bearing Market

13.3.    Europe Bearing Market, By Type

13.3.1.    Ball bearings

13.3.2.    Tapered bearings

13.4.    Europe Bearing Market Revenue (US$Mn) and Forecast, By Size

13.4.1.    30 to 40

13.4.2.    41 to 50

13.4.3.    51 to 60

13.4.4.    61 to 70

13.4.5.    70 & above

13.5.    Europe Bearing Market Revenue (US$Mn) and Forecast, By Distribution Channel

13.5.1.    Original equipment manufacturers (OEMs)

13.5.2.    Aftermarket

13.6.    Europe Bearing Market Revenue (US$Mn) and Forecast, By Machine Type

13.6.1.    ICE Vehicles

13.6.2.    Electric Vehicles

13.6.3.    Industrial Machinery

13.6.4.    Aerospace Machinery

13.7.    Europe Bearing Market Revenue (US$Mn) and Forecast, By End-use

13.7.1.    Automotive

13.7.2.    Industrial

13.7.3.    Aerospace

13.8.    Europe Bearing Market Attractiveness Index

13.8.1.    By Country

13.8.2.    By Type

13.8.3.    By Size

13.8.4.    By Distribution Channel

13.8.5.    By Machine Type

13.8.6.    By End-use

14.    Asia Pacific Bearing Market Analysis and Forecast, 2020–2028

14.1.    Introduction

14.1.1.    Annual Growth Rate Comparison, By Country

14.1.2.    BPS Analysis, By Country

14.2.    Market (US$Mn) Forecast, By Country

14.2.1.    China Bearing Market

14.2.2.    India Bearing Market

14.2.3.    Japan Bearing Market

14.2.4.    Australia and New Zealand Bearing Market

14.2.5.    South Korea Bearing Market

14.2.6.    Rest of Asia Pacific Bearing Market

14.3.    Asia Pacific Bearing Market, By Type

14.3.1.    Ball bearings

14.3.2.    Tapered bearings

14.4.    Asia Pacific Bearing Market Revenue (US$Mn) and Forecast, By Size

14.4.1.    30 to 40

14.4.2.    41 to 50

14.4.3.    51 to 60

14.4.4.    61 to 70

14.4.5.    70 & above

14.5.    Asia Pacific Bearing Market Revenue (US$Mn) and Forecast, By Distribution Channel

14.5.1.    Original equipment manufacturers (OEMs)

14.5.2.    Aftermarket

14.6.    Asia Pacific Bearing Market Revenue (US$Mn) and Forecast, By Machine Type

14.6.1.    ICE Vehicles

14.6.2.    Electric Vehicles

14.6.3.    Industrial Machinery

14.6.4.    Aerospace Machinery

14.7.    Asia Pacific Bearing Market Revenue (US$Mn) and Forecast, By End-use

14.7.1.    Automotive

14.7.2.    Industrial

14.7.3.    Aerospace

14.8.    Asia Pacific Bearing Market Attractiveness Index

14.8.1.    By Country

14.8.2.    By Type

14.8.3.    By Size

14.8.4.    By Distribution Channel

14.8.5.    By Machine Type

14.8.6.    By End-use

15.    Middle East Bearing Market Analysis and Forecast, 2020–2028

15.1.    Introduction

15.1.1.    Annual Growth Rate Comparison, By Country

15.1.2.    BPS Analysis, By Country

15.2.    Market (US$Mn) Forecast, By Country

15.2.1.    GCC Countries Bearing Market

15.2.2.    Israel Bearing Market

15.2.3.    Rest Of Middle East Bearing Market

15.3.    Middle East Bearing Market, By Type

15.3.1.    Ball bearings

15.3.2.    Tapered bearings

15.4.    Middle East Bearing Market Revenue (US$Mn) and Forecast, By Size

15.4.1.    30 to 40

15.4.2.    41 to 50

15.4.3.    51 to 60

15.4.4.    61 to 70

15.4.5.    70 & above

15.5.    Middle East Bearing Market Revenue (US$Mn) and Forecast, By Distribution Channel

15.5.1.    Original equipment manufacturers (OEMs)

15.5.2.    Aftermarket

15.6.    Middle East Bearing Market Revenue (US$Mn) and Forecast, By Machine Type

15.6.1.    ICE Vehicles

15.6.2.    Electric Vehicles

15.6.3.    Industrial Machinery

15.6.4.    Aerospace Machinery

15.7.    Middle East Bearing Market Revenue (US$Mn) and Forecast, By End-use

15.7.1.    Automotive

15.7.2.    Industrial

15.7.3.    Aerospace

15.8.    Middle East Bearing Market Attractiveness Index

15.8.1.    By Country

15.8.2.    By Type

15.8.3.    By Size

15.8.4.    By Distribution Channel

15.8.5.    By Machine Type

15.8.6.    By End-use

16.    Africa Bearing Market Analysis and Forecast, 2020–2028

16.1.    Introduction

16.1.1.    Annual Growth Rate Comparison, By Country

16.1.2.    BPS Analysis, By Country

16.2.    Market (US$Mn) Forecast, By Country

16.2.1.    South Africa Countries Bearing Market

16.2.2.    Egypt Bearing Market

16.2.3.    North Africa Bearing Market

16.2.4.    Rest of Africa Bearing Market

16.3.    Africa Bearing Market, By Type

16.3.1.    Ball bearings

16.3.2.    Tapered bearings

16.4.    Africa Bearing Market Revenue (US$Mn) and Forecast, By Size

16.4.1.    30 to 40

16.4.2.    41 to 50

16.4.3.    51 to 60

16.4.4.    61 to 70

16.4.5.    70 & above

16.5.    Africa Bearing Market Revenue (US$Mn) and Forecast, By Distribution Channel

16.5.1.    Original equipment manufacturers (OEMs)

16.5.2.    Aftermarket

16.6.    Africa Bearing Market Revenue (US$Mn) and Forecast, By Machine Type

16.6.1.    ICE Vehicles

16.6.2.    Electric Vehicles

16.6.3.    Industrial Machinery

16.6.4.    Aerospace Machinery

16.7.    Africa Bearing Market Revenue (US$Mn) and Forecast, By End-use

16.7.1.    Automotive

16.7.2.    Industrial

16.7.3.    Aerospace

16.8.    Africa Bearing Market Attractiveness Index

16.8.1.    By Country

16.8.2.    By Type

16.8.3.    By Size

16.8.4.    By Distribution Channel

16.8.5.    By Machine Type

16.8.6.    By End-use

17.    Competitive Landscape

17.1.    Company Profiles

17.1.1.    NSK Ltd.

17.1.1.1.    Company Overview

17.1.1.2.    Financial Overview

17.1.1.3.    Key Developments

17.1.1.4.    Strategies

17.1.1.5.    Product Analysis

17.1.2.    Schaeffler AG

17.1.3.    NTN Corporation

17.1.4.    SKF

17.1.5.    Iljin Bearing

17.1.6.    RKB Bearing

17.1.7.    JTEKT Corporation

17.1.8.    Timken

17.1.9.    Wafangdian Bearing Co. Ltd.

17.1.10.    THK Co. Ltd.

18.    Acronyms

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Frequently Asked Questions

The bearing market is estimated to reach at a value of US 122.5 Bn by the end of 2022 and expected to reach at a value of US$ 194.2 Bn by 2030 with a significant CAGR of 6.0%.

The base year for the report is 2021 in bearing market.

The research report classifies the global bearing market based on type, size, distribution channel, machine type, end-use and regions.

The global bearing market is dominated by NSK Ltd., Schaeffler AG, NTN Corporation, SKF, Iljin Bearing, RKB Bearing, JTEKT Corporation, Timken, Wafangdian Bearing Co. Ltd., THK Co. Ltd., among others.



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