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Bearings-Global Market Insights and Sales Trends 2024
Synopsis
Bearings are used as a mechanical component to transfer the power and to move a certain part, and this is done by utilizing the small frictional force of the bearings, which makes them rotate easily (or move in one direction easily), all the while withstanding the force and weight load acting against them.
The global Bearings market size is expected to reach US$ 68420 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Bearings in various end use industries. The expanding demands from the Automotive Industry, Industrial Machine, Aerospace Industry and Others, are propelling Bearings market. Ball Bearing, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Roller Bearing segment is estimated at % CAGR for the next seven-year period.
Global key players of bearings include SKF, Schaeffler, NSK, NTN, Timken, etc. The top five players hold a share about 56%. Asia-Pacific is the largest market, has a share about 55%, followed by Europe and North America, with share 22% and 17%, separately.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Bearings, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Bearings market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Bearings market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Bearings sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Bearings covered in this report include SKF, Schaeffler, NSK, NTN, JTEKT, C&U GROUP, MinebeaMitsumi, Timken and Rexnord, etc.
The global Bearings market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SKF
Schaeffler
NSK
NTN
JTEKT
C&U GROUP
MinebeaMitsumi
Timken
Rexnord
NACHI
LYC
NBC Bearings
ZWZ
HARBIN Bearing
ZYS(Luoyang Bearing)
Wanxiang Qianchao
RBC Bearings
Xiangyang Automobile Bearing (ZXY)
Global Bearings market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Bearings market, Segment by Type:
Ball Bearing
Roller Bearing
Global Bearings market, by Application
Automotive Industry
Industrial Machine
Aerospace Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Bearings manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Bearings in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Bearings are used as a mechanical component to transfer the power and to move a certain part, and this is done by utilizing the small frictional force of the bearings, which makes them rotate easily (or move in one direction easily), all the while withstanding the force and weight load acting against them.
The global Bearings market size is expected to reach US$ 68420 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Bearings in various end use industries. The expanding demands from the Automotive Industry, Industrial Machine, Aerospace Industry and Others, are propelling Bearings market. Ball Bearing, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Roller Bearing segment is estimated at % CAGR for the next seven-year period.
Global key players of bearings include SKF, Schaeffler, NSK, NTN, Timken, etc. The top five players hold a share about 56%. Asia-Pacific is the largest market, has a share about 55%, followed by Europe and North America, with share 22% and 17%, separately.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Bearings, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Bearings market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Bearings market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Bearings sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Bearings covered in this report include SKF, Schaeffler, NSK, NTN, JTEKT, C&U GROUP, MinebeaMitsumi, Timken and Rexnord, etc.
The global Bearings market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SKF
Schaeffler
NSK
NTN
JTEKT
C&U GROUP
MinebeaMitsumi
Timken
Rexnord
NACHI
LYC
NBC Bearings
ZWZ
HARBIN Bearing
ZYS(Luoyang Bearing)
Wanxiang Qianchao
RBC Bearings
Xiangyang Automobile Bearing (ZXY)
Global Bearings market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Bearings market, Segment by Type:
Ball Bearing
Roller Bearing
Global Bearings market, by Application
Automotive Industry
Industrial Machine
Aerospace Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Bearings manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Bearings in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Bearings Market Overview
1.1 Bearings Product Overview
1.2 Bearings Market Segment by Type
1.2.1 Ball Bearing
1.2.2 Roller Bearing
1.3 Global Bearings Market Size by Type
1.3.1 Global Bearings Market Size Overview by Type (2018-2029)
1.3.2 Global Bearings Historic Market Size Review by Type (2018-2023)
1.3.3 Global Bearings Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Bearings Sales Breakdown by Type (2018-2023)
1.4.2 Europe Bearings Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Bearings Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Bearings Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Bearings Sales Breakdown by Type (2018-2023)
2 Global Bearings Market Competition by Company
2.1 Global Top Players by Bearings Sales (2018-2023)
2.2 Global Top Players by Bearings Revenue (2018-2023)
2.3 Global Top Players by Bearings Price (2018-2023)
2.4 Global Top Manufacturers Bearings Manufacturing Base Distribution, Sales Area, Product Type
2.5 Bearings Market Competitive Situation and Trends
2.5.1 Bearings Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Bearings Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Bearings as of 2022)
2.7 Date of Key Manufacturers Enter into Bearings Market
2.8 Key Manufacturers Bearings Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Bearings Status and Outlook by Region
3.1 Global Bearings Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Bearings Historic Market Size by Region
3.2.1 Global Bearings Sales in Volume by Region (2018-2023)
3.2.2 Global Bearings Sales in Value by Region (2018-2023)
3.2.3 Global Bearings Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Bearings Forecasted Market Size by Region
3.3.1 Global Bearings Sales in Volume by Region (2024-2029)
3.3.2 Global Bearings Sales in Value by Region (2024-2029)
3.3.3 Global Bearings Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Bearings by Application
4.1 Bearings Market Segment by Application
4.1.1 Automotive Industry
4.1.2 Industrial Machine
4.1.3 Aerospace Industry
4.1.4 Others
4.2 Global Bearings Market Size by Application
4.2.1 Global Bearings Market Size Overview by Application (2018-2029)
4.2.2 Global Bearings Historic Market Size Review by Application (2018-2023)
4.2.3 Global Bearings Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Bearings Sales Breakdown by Application (2018-2023)
4.3.2 Europe Bearings Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Bearings Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Bearings Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Bearings Sales Breakdown by Application (2018-2023)
5 North America Bearings by Country
5.1 North America Bearings Historic Market Size by Country
5.1.1 North America Bearings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Bearings Sales in Volume by Country (2018-2023)
5.1.3 North America Bearings Sales in Value by Country (2018-2023)
5.2 North America Bearings Forecasted Market Size by Country
5.2.1 North America Bearings Sales in Volume by Country (2024-2029)
5.2.2 North America Bearings Sales in Value by Country (2024-2029)
6 Europe Bearings by Country
6.1 Europe Bearings Historic Market Size by Country
6.1.1 Europe Bearings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Bearings Sales in Volume by Country (2018-2023)
6.1.3 Europe Bearings Sales in Value by Country (2018-2023)
6.2 Europe Bearings Forecasted Market Size by Country
6.2.1 Europe Bearings Sales in Volume by Country (2024-2029)
6.2.2 Europe Bearings Sales in Value by Country (2024-2029)
7 Asia-Pacific Bearings by Region
7.1 Asia-Pacific Bearings Historic Market Size by Region
7.1.1 Asia-Pacific Bearings Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Bearings Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Bearings Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Bearings Forecasted Market Size by Region
7.2.1 Asia-Pacific Bearings Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Bearings Sales in Value by Region (2024-2029)
8 Latin America Bearings by Country
8.1 Latin America Bearings Historic Market Size by Country
8.1.1 Latin America Bearings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Bearings Sales in Volume by Country (2018-2023)
8.1.3 Latin America Bearings Sales in Value by Country (2018-2023)
8.2 Latin America Bearings Forecasted Market Size by Country
8.2.1 Latin America Bearings Sales in Volume by Country (2024-2029)
8.2.2 Latin America Bearings Sales in Value by Country (2024-2029)
9 Middle East and Africa Bearings by Country
9.1 Middle East and Africa Bearings Historic Market Size by Country
9.1.1 Middle East and Africa Bearings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Bearings Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Bearings Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Bearings Forecasted Market Size by Country
9.2.1 Middle East and Africa Bearings Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Bearings Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 SKF
10.1.1 SKF Company Information
10.1.2 SKF Introduction and Business Overview
10.1.3 SKF Bearings Sales, Revenue and Gross Margin (2018-2023)
10.1.4 SKF Bearings Products Offered
10.1.5 SKF Recent Development
10.2 Schaeffler
10.2.1 Schaeffler Company Information
10.2.2 Schaeffler Introduction and Business Overview
10.2.3 Schaeffler Bearings Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Schaeffler Bearings Products Offered
10.2.5 Schaeffler Recent Development
10.3 NSK
10.3.1 NSK Company Information
10.3.2 NSK Introduction and Business Overview
10.3.3 NSK Bearings Sales, Revenue and Gross Margin (2018-2023)
10.3.4 NSK Bearings Products Offered
10.3.5 NSK Recent Development
10.4 NTN
10.4.1 NTN Company Information
10.4.2 NTN Introduction and Business Overview
10.4.3 NTN Bearings Sales, Revenue and Gross Margin (2018-2023)
10.4.4 NTN Bearings Products Offered
10.4.5 NTN Recent Development
10.5 JTEKT
10.5.1 JTEKT Company Information
10.5.2 JTEKT Introduction and Business Overview
10.5.3 JTEKT Bearings Sales, Revenue and Gross Margin (2018-2023)
10.5.4 JTEKT Bearings Products Offered
10.5.5 JTEKT Recent Development
10.6 C&U GROUP
10.6.1 C&U GROUP Company Information
10.6.2 C&U GROUP Introduction and Business Overview
10.6.3 C&U GROUP Bearings Sales, Revenue and Gross Margin (2018-2023)
10.6.4 C&U GROUP Bearings Products Offered
10.6.5 C&U GROUP Recent Development
10.7 MinebeaMitsumi
10.7.1 MinebeaMitsumi Company Information
10.7.2 MinebeaMitsumi Introduction and Business Overview
10.7.3 MinebeaMitsumi Bearings Sales, Revenue and Gross Margin (2018-2023)
10.7.4 MinebeaMitsumi Bearings Products Offered
10.7.5 MinebeaMitsumi Recent Development
10.8 Timken
10.8.1 Timken Company Information
10.8.2 Timken Introduction and Business Overview
10.8.3 Timken Bearings Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Timken Bearings Products Offered
10.8.5 Timken Recent Development
10.9 Rexnord
10.9.1 Rexnord Company Information
10.9.2 Rexnord Introduction and Business Overview
10.9.3 Rexnord Bearings Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Rexnord Bearings Products Offered
10.9.5 Rexnord Recent Development
10.10 NACHI
10.10.1 NACHI Company Information
10.10.2 NACHI Introduction and Business Overview
10.10.3 NACHI Bearings Sales, Revenue and Gross Margin (2018-2023)
10.10.4 NACHI Bearings Products Offered
10.10.5 NACHI Recent Development
10.11 LYC
10.11.1 LYC Company Information
10.11.2 LYC Introduction and Business Overview
10.11.3 LYC Bearings Sales, Revenue and Gross Margin (2018-2023)
10.11.4 LYC Bearings Products Offered
10.11.5 LYC Recent Development
10.12 NBC Bearings
10.12.1 NBC Bearings Company Information
10.12.2 NBC Bearings Introduction and Business Overview
10.12.3 NBC Bearings Bearings Sales, Revenue and Gross Margin (2018-2023)
10.12.4 NBC Bearings Bearings Products Offered
10.12.5 NBC Bearings Recent Development
10.13 ZWZ
10.13.1 ZWZ Company Information
10.13.2 ZWZ Introduction and Business Overview
10.13.3 ZWZ Bearings Sales, Revenue and Gross Margin (2018-2023)
10.13.4 ZWZ Bearings Products Offered
10.13.5 ZWZ Recent Development
10.14 HARBIN Bearing
10.14.1 HARBIN Bearing Company Information
10.14.2 HARBIN Bearing Introduction and Business Overview
10.14.3 HARBIN Bearing Bearings Sales, Revenue and Gross Margin (2018-2023)
10.14.4 HARBIN Bearing Bearings Products Offered
10.14.5 HARBIN Bearing Recent Development
10.15 ZYS(Luoyang Bearing)
10.15.1 ZYS(Luoyang Bearing) Company Information
10.15.2 ZYS(Luoyang Bearing) Introduction and Business Overview
10.15.3 ZYS(Luoyang Bearing) Bearings Sales, Revenue and Gross Margin (2018-2023)
10.15.4 ZYS(Luoyang Bearing) Bearings Products Offered
10.15.5 ZYS(Luoyang Bearing) Recent Development
10.16 Wanxiang Qianchao
10.16.1 Wanxiang Qianchao Company Information
10.16.2 Wanxiang Qianchao Introduction and Business Overview
10.16.3 Wanxiang Qianchao Bearings Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Wanxiang Qianchao Bearings Products Offered
10.16.5 Wanxiang Qianchao Recent Development
10.17 RBC Bearings
10.17.1 RBC Bearings Company Information
10.17.2 RBC Bearings Introduction and Business Overview
10.17.3 RBC Bearings Bearings Sales, Revenue and Gross Margin (2018-2023)
10.17.4 RBC Bearings Bearings Products Offered
10.17.5 RBC Bearings Recent Development
10.18 Xiangyang Automobile Bearing (ZXY)
10.18.1 Xiangyang Automobile Bearing (ZXY) Company Information
10.18.2 Xiangyang Automobile Bearing (ZXY) Introduction and Business Overview
10.18.3 Xiangyang Automobile Bearing (ZXY) Bearings Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Xiangyang Automobile Bearing (ZXY) Bearings Products Offered
10.18.5 Xiangyang Automobile Bearing (ZXY) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Bearings Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Bearings Industrial Chain Analysis
11.4 Bearings Market Dynamics
11.4.1 Bearings Industry Trends
11.4.2 Bearings Market Drivers
11.4.3 Bearings Market Challenges
11.4.4 Bearings Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Bearings Distributors
12.3 Bearings Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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