Bearings in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Bearings are mechanical elements that reduce friction between moving elements and limit relative motion to desired motion. There are three main types of bearings: ball bearings, roller bearings, and other bearings. Other bearing segment's scope includes slewing bearings, thrust ball bearings, sleeve bearings, and specialty bearings.
- The Asia-Pacific bearings market had total revenues of $58.2 billion in 2022, representing a compound annual growth rate (CAGR) of 2.4% between 2017 and 2022.
- The automotive segment accounted for market's the largest proportion in 2022, with total revenues of $26.2 billion, equivalent to 45% of the market's overall value.
- Large-scale investment and industrial expansion have resulted in moderate growth of the Asia-Pacific bearings market in 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bearings market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bearings market in Asia-Pacific
- Leading company profiles reveal details of key bearings market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific bearings market with five year forecasts
Reasons to Buy
- What was the size of the Asia-Pacific bearings market by value in 2022?
- What will be the size of the Asia-Pacific bearings market in 2027?
- What factors are affecting the strength of competition in the Asia-Pacific bearings market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's bearings market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- MinebeaMitsumi Inc
- NSK Corp
- Regal Rexnord Corp
- Tata Steel Ltd