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Global Needle Bearings Market Research Report 2024
Synopsis
The global Needle Bearings market was valued at US$ 812 million in 2023 and is anticipated to reach US$ 1359.4 million by 2030, witnessing a CAGR of 7.6% during the forecast period 2024-2030.
Needle bearings, also known as needle roller bearings, are specialized rolling element bearings that use cylindrical rollers with a high length-to-diameter ratio. These bearings are widely used in various applications that require high load capacity and compact designs. The drivers for using needle bearings include:
1. High load capacity: Needle bearings are designed to handle high radial loads, making them suitable for applications with heavy loads and limited space. The long and thin cylindrical rollers distribute the load evenly, allowing for efficient load carrying capability, even in tight spaces.
2. Compact design: Due to their small size and high load capacity, needle bearings offer a compact design solution. They have a smaller footprint compared to other bearing types, allowing for more efficient use of space in compact machinery and equipment. This is particularly beneficial in applications where space is limited or weight reduction is essential.
3. High stiffness: Needle bearings provide high stiffness due to their roller geometry and design. This stiffness allows for greater precision and accuracy in operations, ensuring minimal deflection and precise positioning of components. Needle bearings are, therefore, favored in applications that require precise motion control, such as machine tools, robotics, and automotive systems.
4. Reduced friction and energy efficiency: Needle bearings are designed to minimize friction between the rolling elements and raceways. The low friction characteristics result in energy-efficient operations, reducing power consumption and improving overall system efficiency. This is particularly advantageous in applications requiring prolonged operation and reduced energy consumption.
5. Durability and long service life: Needle bearings are known for their durability and long service life. The cylindrical rollers provide a larger contact surface area, distributing the load and reducing stress on individual components. This enhanced load distribution results in improved durability, longer bearing life, and reduced downtime for maintenance or replacement.
6. High-speed capability: Needle bearings can operate at high speeds due to their low mass and reduced friction characteristics. This allows for efficient rotation and high-speed applications, such as automotive transmissions, machine tools, and textile machinery.
7. Cost-effectiveness: Needle bearings offer a cost-effective solution in many applications. Their high load capacity, compact design, long service life, and efficiency contribute to reduced maintenance costs, extended equipment life, and improved overall system reliability. Additionally, their availability and wide range of sizes make them a cost-effective option for various industries.
The drivers for using needle bearings revolve around high load capacity, compact design, high stiffness, reduced friction and energy efficiency, durability and long service life, high-speed capability, and cost-effectiveness. These drivers highlight the advantages of using needle bearings in applications that require efficient load handling, space optimization, precise motion control, long service life, and cost savings.
This report aims to provide a comprehensive presentation of the global market for Needle Bearings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Needle Bearings.
Report Scope
The Needle Bearings market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Needle Bearings market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Needle Bearings manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ACCURATEBUSHING
Boca Bearing
CPM Bearings
Dongguan Kentie Bearing
EBI Bearings
JESA
KINEX-KLF
LYCBearing
Nadella
NSKEurope
NTN-SNR
RBC Bearings
Segment by Type
Single Row Type
Double Row Type
Segment by Application
Metallurgical
Power Generation
Mechanical
Space
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Needle Bearings manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Needle Bearings by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Needle Bearings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
The global Needle Bearings market was valued at US$ 812 million in 2023 and is anticipated to reach US$ 1359.4 million by 2030, witnessing a CAGR of 7.6% during the forecast period 2024-2030.
Needle bearings, also known as needle roller bearings, are specialized rolling element bearings that use cylindrical rollers with a high length-to-diameter ratio. These bearings are widely used in various applications that require high load capacity and compact designs. The drivers for using needle bearings include:
1. High load capacity: Needle bearings are designed to handle high radial loads, making them suitable for applications with heavy loads and limited space. The long and thin cylindrical rollers distribute the load evenly, allowing for efficient load carrying capability, even in tight spaces.
2. Compact design: Due to their small size and high load capacity, needle bearings offer a compact design solution. They have a smaller footprint compared to other bearing types, allowing for more efficient use of space in compact machinery and equipment. This is particularly beneficial in applications where space is limited or weight reduction is essential.
3. High stiffness: Needle bearings provide high stiffness due to their roller geometry and design. This stiffness allows for greater precision and accuracy in operations, ensuring minimal deflection and precise positioning of components. Needle bearings are, therefore, favored in applications that require precise motion control, such as machine tools, robotics, and automotive systems.
4. Reduced friction and energy efficiency: Needle bearings are designed to minimize friction between the rolling elements and raceways. The low friction characteristics result in energy-efficient operations, reducing power consumption and improving overall system efficiency. This is particularly advantageous in applications requiring prolonged operation and reduced energy consumption.
5. Durability and long service life: Needle bearings are known for their durability and long service life. The cylindrical rollers provide a larger contact surface area, distributing the load and reducing stress on individual components. This enhanced load distribution results in improved durability, longer bearing life, and reduced downtime for maintenance or replacement.
6. High-speed capability: Needle bearings can operate at high speeds due to their low mass and reduced friction characteristics. This allows for efficient rotation and high-speed applications, such as automotive transmissions, machine tools, and textile machinery.
7. Cost-effectiveness: Needle bearings offer a cost-effective solution in many applications. Their high load capacity, compact design, long service life, and efficiency contribute to reduced maintenance costs, extended equipment life, and improved overall system reliability. Additionally, their availability and wide range of sizes make them a cost-effective option for various industries.
The drivers for using needle bearings revolve around high load capacity, compact design, high stiffness, reduced friction and energy efficiency, durability and long service life, high-speed capability, and cost-effectiveness. These drivers highlight the advantages of using needle bearings in applications that require efficient load handling, space optimization, precise motion control, long service life, and cost savings.
This report aims to provide a comprehensive presentation of the global market for Needle Bearings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Needle Bearings.
Report Scope
The Needle Bearings market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Needle Bearings market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Needle Bearings manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ACCURATEBUSHING
Boca Bearing
CPM Bearings
Dongguan Kentie Bearing
EBI Bearings
JESA
KINEX-KLF
LYCBearing
Nadella
NSKEurope
NTN-SNR
RBC Bearings
Segment by Type
Single Row Type
Double Row Type
Segment by Application
Metallurgical
Power Generation
Mechanical
Space
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Needle Bearings manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Needle Bearings by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Needle Bearings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Needle Bearings Market Overview
1.1 Product Definition
1.2 Needle Bearings Segment by Type
1.2.1 Global Needle Bearings Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Single Row Type
1.2.3 Double Row Type
1.3 Needle Bearings Segment by Application
1.3.1 Global Needle Bearings Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Metallurgical
1.3.3 Power Generation
1.3.4 Mechanical
1.3.5 Space
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Needle Bearings Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Needle Bearings Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Needle Bearings Production Estimates and Forecasts (2019-2030)
1.4.4 Global Needle Bearings Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Needle Bearings Production Market Share by Manufacturers (2019-2024)
2.2 Global Needle Bearings Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Needle Bearings, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Needle Bearings Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Needle Bearings Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Needle Bearings, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Needle Bearings, Product Offered and Application
2.8 Global Key Manufacturers of Needle Bearings, Date of Enter into This Industry
2.9 Needle Bearings Market Competitive Situation and Trends
2.9.1 Needle Bearings Market Concentration Rate
2.9.2 Global 5 and 10 Largest Needle Bearings Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Needle Bearings Production by Region
3.1 Global Needle Bearings Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Needle Bearings Production Value by Region (2019-2030)
3.2.1 Global Needle Bearings Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Needle Bearings by Region (2025-2030)
3.3 Global Needle Bearings Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Needle Bearings Production by Region (2019-2030)
3.4.1 Global Needle Bearings Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Needle Bearings by Region (2025-2030)
3.5 Global Needle Bearings Market Price Analysis by Region (2019-2024)
3.6 Global Needle Bearings Production and Value, Year-over-Year Growth
3.6.1 North America Needle Bearings Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Needle Bearings Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Needle Bearings Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Needle Bearings Production Value Estimates and Forecasts (2019-2030)
4 Needle Bearings Consumption by Region
4.1 Global Needle Bearings Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Needle Bearings Consumption by Region (2019-2030)
4.2.1 Global Needle Bearings Consumption by Region (2019-2024)
4.2.2 Global Needle Bearings Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Needle Bearings Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Needle Bearings Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Needle Bearings Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Needle Bearings Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Needle Bearings Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Needle Bearings Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Needle Bearings Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Needle Bearings Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Needle Bearings Production by Type (2019-2030)
5.1.1 Global Needle Bearings Production by Type (2019-2024)
5.1.2 Global Needle Bearings Production by Type (2025-2030)
5.1.3 Global Needle Bearings Production Market Share by Type (2019-2030)
5.2 Global Needle Bearings Production Value by Type (2019-2030)
5.2.1 Global Needle Bearings Production Value by Type (2019-2024)
5.2.2 Global Needle Bearings Production Value by Type (2025-2030)
5.2.3 Global Needle Bearings Production Value Market Share by Type (2019-2030)
5.3 Global Needle Bearings Price by Type (2019-2030)
6 Segment by Application
6.1 Global Needle Bearings Production by Application (2019-2030)
6.1.1 Global Needle Bearings Production by Application (2019-2024)
6.1.2 Global Needle Bearings Production by Application (2025-2030)
6.1.3 Global Needle Bearings Production Market Share by Application (2019-2030)
6.2 Global Needle Bearings Production Value by Application (2019-2030)
6.2.1 Global Needle Bearings Production Value by Application (2019-2024)
6.2.2 Global Needle Bearings Production Value by Application (2025-2030)
6.2.3 Global Needle Bearings Production Value Market Share by Application (2019-2030)
6.3 Global Needle Bearings Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ACCURATEBUSHING
7.1.1 ACCURATEBUSHING Needle Bearings Corporation Information
7.1.2 ACCURATEBUSHING Needle Bearings Product Portfolio
7.1.3 ACCURATEBUSHING Needle Bearings Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ACCURATEBUSHING Main Business and Markets Served
7.1.5 ACCURATEBUSHING Recent Developments/Updates
7.2 Boca Bearing
7.2.1 Boca Bearing Needle Bearings Corporation Information
7.2.2 Boca Bearing Needle Bearings Product Portfolio
7.2.3 Boca Bearing Needle Bearings Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Boca Bearing Main Business and Markets Served
7.2.5 Boca Bearing Recent Developments/Updates
7.3 CPM Bearings
7.3.1 CPM Bearings Needle Bearings Corporation Information
7.3.2 CPM Bearings Needle Bearings Product Portfolio
7.3.3 CPM Bearings Needle Bearings Production, Value, Price and Gross Margin (2019-2024)
7.3.4 CPM Bearings Main Business and Markets Served
7.3.5 CPM Bearings Recent Developments/Updates
7.4 Dongguan Kentie Bearing
7.4.1 Dongguan Kentie Bearing Needle Bearings Corporation Information
7.4.2 Dongguan Kentie Bearing Needle Bearings Product Portfolio
7.4.3 Dongguan Kentie Bearing Needle Bearings Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Dongguan Kentie Bearing Main Business and Markets Served
7.4.5 Dongguan Kentie Bearing Recent Developments/Updates
7.5 EBI Bearings
7.5.1 EBI Bearings Needle Bearings Corporation Information
7.5.2 EBI Bearings Needle Bearings Product Portfolio
7.5.3 EBI Bearings Needle Bearings Production, Value, Price and Gross Margin (2019-2024)
7.5.4 EBI Bearings Main Business and Markets Served
7.5.5 EBI Bearings Recent Developments/Updates
7.6 JESA
7.6.1 JESA Needle Bearings Corporation Information
7.6.2 JESA Needle Bearings Product Portfolio
7.6.3 JESA Needle Bearings Production, Value, Price and Gross Margin (2019-2024)
7.6.4 JESA Main Business and Markets Served
7.6.5 JESA Recent Developments/Updates
7.7 KINEX-KLF
7.7.1 KINEX-KLF Needle Bearings Corporation Information
7.7.2 KINEX-KLF Needle Bearings Product Portfolio
7.7.3 KINEX-KLF Needle Bearings Production, Value, Price and Gross Margin (2019-2024)
7.7.4 KINEX-KLF Main Business and Markets Served
7.7.5 KINEX-KLF Recent Developments/Updates
7.8 LYCBearing
7.8.1 LYCBearing Needle Bearings Corporation Information
7.8.2 LYCBearing Needle Bearings Product Portfolio
7.8.3 LYCBearing Needle Bearings Production, Value, Price and Gross Margin (2019-2024)
7.8.4 LYCBearing Main Business and Markets Served
7.7.5 LYCBearing Recent Developments/Updates
7.9 Nadella
7.9.1 Nadella Needle Bearings Corporation Information
7.9.2 Nadella Needle Bearings Product Portfolio
7.9.3 Nadella Needle Bearings Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Nadella Main Business and Markets Served
7.9.5 Nadella Recent Developments/Updates
7.10 NSKEurope
7.10.1 NSKEurope Needle Bearings Corporation Information
7.10.2 NSKEurope Needle Bearings Product Portfolio
7.10.3 NSKEurope Needle Bearings Production, Value, Price and Gross Margin (2019-2024)
7.10.4 NSKEurope Main Business and Markets Served
7.10.5 NSKEurope Recent Developments/Updates
7.11 NTN-SNR
7.11.1 NTN-SNR Needle Bearings Corporation Information
7.11.2 NTN-SNR Needle Bearings Product Portfolio
7.11.3 NTN-SNR Needle Bearings Production, Value, Price and Gross Margin (2019-2024)
7.11.4 NTN-SNR Main Business and Markets Served
7.11.5 NTN-SNR Recent Developments/Updates
7.12 RBC Bearings
7.12.1 RBC Bearings Needle Bearings Corporation Information
7.12.2 RBC Bearings Needle Bearings Product Portfolio
7.12.3 RBC Bearings Needle Bearings Production, Value, Price and Gross Margin (2019-2024)
7.12.4 RBC Bearings Main Business and Markets Served
7.12.5 RBC Bearings Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Needle Bearings Industry Chain Analysis
8.2 Needle Bearings Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Needle Bearings Production Mode & Process
8.4 Needle Bearings Sales and Marketing
8.4.1 Needle Bearings Sales Channels
8.4.2 Needle Bearings Distributors
8.5 Needle Bearings Customers
9 Needle Bearings Market Dynamics
9.1 Needle Bearings Industry Trends
9.2 Needle Bearings Market Drivers
9.3 Needle Bearings Market Challenges
9.4 Needle Bearings Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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