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Asia-Pacific (APAC) Bearings Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 51 Pages
  • June 2023
  • Region: Asia Pacific
  • GlobalData
  • ID: 5851826
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
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. What are the strengths of the leading players?
7.4. What have been the most significant mergers and acquisitions in recent years?
8 Company Profiles
8.1. MinebeaMitsumi Inc
8.2. NSK Corp
8.3. Regal Rexnord Corp
8.4. Tata Steel Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
  • About the Publisher
List of Tables
Table 1: Asia-Pacific bearings market value: $ million, 2017-22
Table 2: Asia-Pacific bearings market category segmentation: % share, by value, 2017-2022
Table 3: Asia-Pacific bearings market category segmentation: $ million, 2017-2022
Table 4: Asia-Pacific bearings market geography segmentation: $ million, 2022
Table 5: Asia-Pacific bearings market value forecast: $ million, 2022-27
Table 6: MinebeaMitsumi Inc: key facts
Table 7: MinebeaMitsumi Inc: annual financial ratios
Table 8: MinebeaMitsumi Inc: key employees
Table 9: MinebeaMitsumi Inc: key employees Continued
Table 10: MinebeaMitsumi Inc: key employees Continued
Table 11: NSK Corp: key facts
Table 12: NSK Corp: key employees
Table 13: Regal Rexnord Corp: key facts
Table 14: Regal Rexnord Corp: annual financial ratios
Table 15: Regal Rexnord Corp: key employees
Table 16: Regal Rexnord Corp: key employees Continued
Table 17: Tata Steel Ltd: key facts
Table 18: Tata Steel Ltd: annual financial ratios
Table 19: Tata Steel Ltd: key employees
Table 20: Tata Steel Ltd: key employees Continued
Table 21: Tata Steel Ltd: key employees Continued
Table 22: Tata Steel Ltd: key employees Continued
Table 23: Asia-Pacific exchange rate, 2018-22
List of Figures
Figure 1: Asia-Pacific bearings market value: $ million, 2017-22
Figure 2: Asia-Pacific bearings market category segmentation: $ million, 2017-2022
Figure 3: Asia-Pacific bearings market geography segmentation: % share, by value, 2022
Figure 4: Asia-Pacific bearings market value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the bearings market in Asia-Pacific, 2022
Figure 6: Drivers of buyer power in the bearings market in Asia-Pacific, 2022
Figure 7: Drivers of supplier power in the bearings market in Asia-Pacific, 2022
Figure 8: Factors influencing the likelihood of new entrants in the bearings market in Asia-Pacific, 2022
Figure 9: Factors influencing the threat of substitutes in the bearings market in Asia-Pacific, 2022
Figure 10: Drivers of degree of rivalry in the bearings market in Asia-Pacific, 2022

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