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The bearings market is forecasted to grow by USD 18.79 bn during 2023-2028, accelerating at a CAGR of 4.06% during the forecast period. The report on the bearings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by strong demand for high-quality bearings, the growing adoption of automation in the manufacturing process, and APAC acting as a market enabler.
The bearings market is segmented as below:
By Product
- Anti-friction bearings
- Magnetic bearings
- Other bearings
By End-user
- Automotive industry
- Heavy industry
- ARS industry
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the bearings market covers the following areas:
- Bearings market sizing
- Bearings market forecast
- Bearings market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global bearings market: AB SKF, ASAHI SEIKO Co. Ltd., C and U Group, Calnetix Technologies LLC, HKT BEARINGS Ltd., Italcuscinetti S.p.A., JTEKT Corp., Luoyang JCB Bearing Technology Co. Ltd., LYC Bearing Corp., MinebeaMitsumi Inc., NACHI FUJIKOSHI Corp., NBI Bearings Europe SA, NSK Ltd., NTN Corp., RBC Bearings Inc., Regal Rexnord Corp., Schaeffler AG, SRIJI GOPALJI INDUSTRIES PVT LTD., THB Bearings Co. Ltd., The Timken Co., and Wafangdian Guangyang Bearing Group Co. Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing adoption of electric vehicles.'
According to the report, one of the major drivers for this market is the strong demand for high-quality bearings.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB SKF
- ASAHI SEIKO Co. Ltd.
- C and U Group
- Calnetix Technologies LLC
- HKT BEARINGS Ltd.
- Italcuscinetti S.p.A.
- JTEKT Corp.
- Luoyang JCB Bearing Technology Co. Ltd.
- LYC Bearing Corp.
- MinebeaMitsumi Inc.
- NACHI FUJIKOSHI Corp.
- NBI Bearings Europe SA
- NSK Ltd.
- NTN Corp.
- RBC Bearings Inc.
- Regal Rexnord Corp.
- Schaeffler AG
- SRIJI GOPALJI INDUSTRIES PVT LTD.
- THB Bearings Co. Ltd.
- The Timken Co.
- Wafangdian Guangyang Bearing Group Co. Ltd.
