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Precision Bearings-Global Market Insights and Sales Trends 2024
Synopsis
Precision bearings are designed to meet the highest demands, for example for precise, low-noise and low-vibration operation, the absorption of very high loads or dimensionally accurate installation.
The global Precision Bearings market size is expected to reach US$ 4541.8 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Precision Bearings in various end use industries. The expanding demands from the For Machineries, For Automotives and Others,, are propelling Precision 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 Precise Bearing includes SKF, Schaeffler, NSK, NTN, and JTEKT, etc. Global top five companies hold a share over 42%. China is the largest market, with a share about 30%, followed by Europe and North America with the share about 20% and 18%.
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 Precision 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 Precision 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 Precision Bearings market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Precision 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 Precision Bearings covered in this report include SKF, NSK, Schaeffler Group, Nachi, The Timken Company, Mike Davies Bearings Ltd, ZYS Bearing, Nomo and AST Bearings, etc.
The global Precision 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
NSK
Schaeffler Group
Nachi
The Timken Company
Mike Davies Bearings Ltd
ZYS Bearing
Nomo
AST Bearings
BSC
Barden USA
Collective Bearings
Global Precision 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 Precision Bearings market, Segment by Type:
Ball Bearing
Roller Bearing
Global Precision Bearings market, by Application
For Machineries
For Automotives
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 Precision Bearings manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Precision 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.
Precision bearings are designed to meet the highest demands, for example for precise, low-noise and low-vibration operation, the absorption of very high loads or dimensionally accurate installation.
The global Precision Bearings market size is expected to reach US$ 4541.8 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Precision Bearings in various end use industries. The expanding demands from the For Machineries, For Automotives and Others,, are propelling Precision 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 Precise Bearing includes SKF, Schaeffler, NSK, NTN, and JTEKT, etc. Global top five companies hold a share over 42%. China is the largest market, with a share about 30%, followed by Europe and North America with the share about 20% and 18%.
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 Precision 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 Precision 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 Precision Bearings market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Precision 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 Precision Bearings covered in this report include SKF, NSK, Schaeffler Group, Nachi, The Timken Company, Mike Davies Bearings Ltd, ZYS Bearing, Nomo and AST Bearings, etc.
The global Precision 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
NSK
Schaeffler Group
Nachi
The Timken Company
Mike Davies Bearings Ltd
ZYS Bearing
Nomo
AST Bearings
BSC
Barden USA
Collective Bearings
Global Precision 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 Precision Bearings market, Segment by Type:
Ball Bearing
Roller Bearing
Global Precision Bearings market, by Application
For Machineries
For Automotives
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 Precision Bearings manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Precision 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 Precision Bearings Market Overview
1.1 Precision Bearings Product Overview
1.2 Precision Bearings Market Segment by Type
1.2.1 Ball Bearing
1.2.2 Roller Bearing
1.3 Global Precision Bearings Market Size by Type
1.3.1 Global Precision Bearings Market Size Overview by Type (2018-2029)
1.3.2 Global Precision Bearings Historic Market Size Review by Type (2018-2023)
1.3.3 Global Precision Bearings Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Precision Bearings Sales Breakdown by Type (2018-2023)
1.4.2 Europe Precision Bearings Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Precision Bearings Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Precision Bearings Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Precision Bearings Sales Breakdown by Type (2018-2023)
2 Global Precision Bearings Market Competition by Company
2.1 Global Top Players by Precision Bearings Sales (2018-2023)
2.2 Global Top Players by Precision Bearings Revenue (2018-2023)
2.3 Global Top Players by Precision Bearings Price (2018-2023)
2.4 Global Top Manufacturers Precision Bearings Manufacturing Base Distribution, Sales Area, Product Type
2.5 Precision Bearings Market Competitive Situation and Trends
2.5.1 Precision Bearings Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Precision 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 Precision Bearings as of 2022)
2.7 Date of Key Manufacturers Enter into Precision Bearings Market
2.8 Key Manufacturers Precision Bearings Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Precision Bearings Status and Outlook by Region
3.1 Global Precision Bearings Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Precision Bearings Historic Market Size by Region
3.2.1 Global Precision Bearings Sales in Volume by Region (2018-2023)
3.2.2 Global Precision Bearings Sales in Value by Region (2018-2023)
3.2.3 Global Precision Bearings Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Precision Bearings Forecasted Market Size by Region
3.3.1 Global Precision Bearings Sales in Volume by Region (2024-2029)
3.3.2 Global Precision Bearings Sales in Value by Region (2024-2029)
3.3.3 Global Precision Bearings Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Precision Bearings by Application
4.1 Precision Bearings Market Segment by Application
4.1.1 For Machineries
4.1.2 For Automotives
4.1.3 Others
4.2 Global Precision Bearings Market Size by Application
4.2.1 Global Precision Bearings Market Size Overview by Application (2018-2029)
4.2.2 Global Precision Bearings Historic Market Size Review by Application (2018-2023)
4.2.3 Global Precision Bearings Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Precision Bearings Sales Breakdown by Application (2018-2023)
4.3.2 Europe Precision Bearings Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Precision Bearings Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Precision Bearings Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Precision Bearings Sales Breakdown by Application (2018-2023)
5 North America Precision Bearings by Country
5.1 North America Precision Bearings Historic Market Size by Country
5.1.1 North America Precision Bearings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Precision Bearings Sales in Volume by Country (2018-2023)
5.1.3 North America Precision Bearings Sales in Value by Country (2018-2023)
5.2 North America Precision Bearings Forecasted Market Size by Country
5.2.1 North America Precision Bearings Sales in Volume by Country (2024-2029)
5.2.2 North America Precision Bearings Sales in Value by Country (2024-2029)
6 Europe Precision Bearings by Country
6.1 Europe Precision Bearings Historic Market Size by Country
6.1.1 Europe Precision Bearings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Precision Bearings Sales in Volume by Country (2018-2023)
6.1.3 Europe Precision Bearings Sales in Value by Country (2018-2023)
6.2 Europe Precision Bearings Forecasted Market Size by Country
6.2.1 Europe Precision Bearings Sales in Volume by Country (2024-2029)
6.2.2 Europe Precision Bearings Sales in Value by Country (2024-2029)
7 Asia-Pacific Precision Bearings by Region
7.1 Asia-Pacific Precision Bearings Historic Market Size by Region
7.1.1 Asia-Pacific Precision Bearings Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Precision Bearings Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Precision Bearings Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Precision Bearings Forecasted Market Size by Region
7.2.1 Asia-Pacific Precision Bearings Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Precision Bearings Sales in Value by Region (2024-2029)
8 Latin America Precision Bearings by Country
8.1 Latin America Precision Bearings Historic Market Size by Country
8.1.1 Latin America Precision Bearings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Precision Bearings Sales in Volume by Country (2018-2023)
8.1.3 Latin America Precision Bearings Sales in Value by Country (2018-2023)
8.2 Latin America Precision Bearings Forecasted Market Size by Country
8.2.1 Latin America Precision Bearings Sales in Volume by Country (2024-2029)
8.2.2 Latin America Precision Bearings Sales in Value by Country (2024-2029)
9 Middle East and Africa Precision Bearings by Country
9.1 Middle East and Africa Precision Bearings Historic Market Size by Country
9.1.1 Middle East and Africa Precision Bearings Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Precision Bearings Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Precision Bearings Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Precision Bearings Forecasted Market Size by Country
9.2.1 Middle East and Africa Precision Bearings Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Precision 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 Precision Bearings Sales, Revenue and Gross Margin (2018-2023)
10.1.4 SKF Precision Bearings Products Offered
10.1.5 SKF Recent Development
10.2 NSK
10.2.1 NSK Company Information
10.2.2 NSK Introduction and Business Overview
10.2.3 NSK Precision Bearings Sales, Revenue and Gross Margin (2018-2023)
10.2.4 NSK Precision Bearings Products Offered
10.2.5 NSK Recent Development
10.3 Schaeffler Group
10.3.1 Schaeffler Group Company Information
10.3.2 Schaeffler Group Introduction and Business Overview
10.3.3 Schaeffler Group Precision Bearings Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Schaeffler Group Precision Bearings Products Offered
10.3.5 Schaeffler Group Recent Development
10.4 Nachi
10.4.1 Nachi Company Information
10.4.2 Nachi Introduction and Business Overview
10.4.3 Nachi Precision Bearings Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Nachi Precision Bearings Products Offered
10.4.5 Nachi Recent Development
10.5 The Timken Company
10.5.1 The Timken Company Company Information
10.5.2 The Timken Company Introduction and Business Overview
10.5.3 The Timken Company Precision Bearings Sales, Revenue and Gross Margin (2018-2023)
10.5.4 The Timken Company Precision Bearings Products Offered
10.5.5 The Timken Company Recent Development
10.6 Mike Davies Bearings Ltd
10.6.1 Mike Davies Bearings Ltd Company Information
10.6.2 Mike Davies Bearings Ltd Introduction and Business Overview
10.6.3 Mike Davies Bearings Ltd Precision Bearings Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mike Davies Bearings Ltd Precision Bearings Products Offered
10.6.5 Mike Davies Bearings Ltd Recent Development
10.7 ZYS Bearing
10.7.1 ZYS Bearing Company Information
10.7.2 ZYS Bearing Introduction and Business Overview
10.7.3 ZYS Bearing Precision Bearings Sales, Revenue and Gross Margin (2018-2023)
10.7.4 ZYS Bearing Precision Bearings Products Offered
10.7.5 ZYS Bearing Recent Development
10.8 Nomo
10.8.1 Nomo Company Information
10.8.2 Nomo Introduction and Business Overview
10.8.3 Nomo Precision Bearings Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Nomo Precision Bearings Products Offered
10.8.5 Nomo Recent Development
10.9 AST Bearings
10.9.1 AST Bearings Company Information
10.9.2 AST Bearings Introduction and Business Overview
10.9.3 AST Bearings Precision Bearings Sales, Revenue and Gross Margin (2018-2023)
10.9.4 AST Bearings Precision Bearings Products Offered
10.9.5 AST Bearings Recent Development
10.10 BSC
10.10.1 BSC Company Information
10.10.2 BSC Introduction and Business Overview
10.10.3 BSC Precision Bearings Sales, Revenue and Gross Margin (2018-2023)
10.10.4 BSC Precision Bearings Products Offered
10.10.5 BSC Recent Development
10.11 Barden USA
10.11.1 Barden USA Company Information
10.11.2 Barden USA Introduction and Business Overview
10.11.3 Barden USA Precision Bearings Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Barden USA Precision Bearings Products Offered
10.11.5 Barden USA Recent Development
10.12 Collective Bearings
10.12.1 Collective Bearings Company Information
10.12.2 Collective Bearings Introduction and Business Overview
10.12.3 Collective Bearings Precision Bearings Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Collective Bearings Precision Bearings Products Offered
10.12.5 Collective Bearings Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Precision 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 Precision Bearings Industrial Chain Analysis
11.4 Precision Bearings Market Dynamics
11.4.1 Precision Bearings Industry Trends
11.4.2 Precision Bearings Market Drivers
11.4.3 Precision Bearings Market Challenges
11.4.4 Precision Bearings Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Precision Bearings Distributors
12.3 Precision 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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