Global Bearings Market 2017-2021

  • ID: 4240201
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Asahi Seiko
  • JTEKT
  • Nachi
  • NTN
  • Schaeffler AG
  • Timken
  • MORE
About Bearings

Bearings are used in a wide range of applications in automobiles, airplanes, computers, construction equipment, machine tools, DVD players, refrigerators, and ceiling fans. Any machine that twists, turns, or moves needs bearings to smoothen the movements. Bearings are highly engineered, precision-made components that allow the rotating machines to move at extremely high speeds and carry a significant number of loads with less frictional loss.

The analysts forecast the global bearings market to grow at a CAGR of 5.86% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global bearings market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Bearings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- SKF
- Schaeffler AG
- Timken
- NSK
- NTN

Other prominent vendors
- Asahi Seiko
- C&U Group
- JTEKT
- LYC
- Nachi
- RBC Bearings
- ZWZ Bearings

Market drivers
- Soaring automotive industry in APAC.
- For a full, detailed list, view the full report

Market challenges
- Volatility in raw material prices.
- For a full, detailed list, view the full report

Market trends
- Emergence of digitalization.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Asahi Seiko
  • JTEKT
  • Nachi
  • NTN
  • Schaeffler AG
  • Timken
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Market overview
  • Global anti-friction bearings market
  • Global magnetic bearings market
  • Global other bearings market
PART 07: Market segmentation by end-user
  • Market overview
  • Global bearings market in automotive industry
  • Global bearings market in aerospace, railway, and shipbuilding industries
  • Global bearings market in heavy industry
  • Global bearings market in other industry
PART 08: Geographical segmentation
  • Market overview
  • Bearings market in APAC
  • Bearings market in EMEA
  • Bearings market in Americas
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Emergence of digitalization
  • Increased demand for integrated bearings
  • Emerging demand for application-specific bearings
PART 12: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 13: Key vendor analysis
  • SKF
  • Schaeffler AG
  • Timken
  • NSK
  • NTN
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: The four main characteristics of bearings
Exhibit 02: Types of bearings
Exhibit 03: Segmentation of global bearings market
Exhibit 04: Supply chain of global bearings market
Exhibit 05: Key market dynamics
Exhibit 06: Global bearings market 2016-2021 ($ billions)
Exhibit 07: Key takeaways
Exhibit 08: Five forces analysis
Exhibit 09: Global bearings market by product type 2016 and 2021 (%)
Exhibit 10: Global anti-friction bearings market 2016-2021 ($ billions)
Exhibit 11: Different types of roller bearings
Exhibit 12: Global magnetic bearings market 2016-2021($ billions)
Exhibit 13: Global other bearings market 2016-2021 ($ billions)
Exhibit 14: Global bearings market by end-user 2016 and 2021(%)
Exhibit 15: Global bearings market in automotive industry 2016-2021 ($ billions)
Exhibit 16: Key investments in automotive industry
Exhibit 17: Global bearings market in aerospace, railway, and shipbuilding industries 2016-2021 ($ billions)
Exhibit 18: Global bearings market in heavy industry 2016-2021 ($ billions)
Exhibit 19: List of few recent power plant projects in APAC
Exhibit 20: Global bearings market in other industry 2016-2021 ($ billions)
Exhibit 21: Global bearings market by geography 2016 and 2021 (%)
Exhibit 22: Global bearings market in APAC 2016-2021 ($ billions)
Exhibit 23: List of investments in automotive sectors in China and India
Exhibit 24: Global bearings market in EMEA 2016-2021($ billion)
Exhibit 25: Key investments in automotive industry in Europe
Exhibit 26: Bearings market in Americas 2016-2021 ($ billions)
Exhibit 27: Global electric drives market 2016-2021 ($Billion)
Exhibit 28: Impact of competitors on global bearings market 2016 and 2021
Exhibit 29: List of prominent vendors
Exhibit 30: SKF: Business strategy
Exhibit 31: SKF: Major product portfolio
Exhibit 32: SKF: Recent developments
Exhibit 33: Schaeffler AG: Business strategy
Exhibit 34: Schaeffler AG: Major product portfolio
Exhibit 35: Schaeffler AG: Recent developments
Exhibit 36: Timken: Business strategy
Exhibit 37: Timken: Major product portfolio
Exhibit 38: Timken: Recent developments
Exhibit 39: NSK: Business strategy
Exhibit 40: NSK: Major product portfolio
Exhibit 41: NSK: Recent developments
Exhibit 42: NTN: Business strategy
Exhibit 43: NTN: Major product portfolio
Exhibit 44: NTN: Recent developments
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Asahi Seiko
  • JTEKT
  • Nachi
  • NTN
  • Schaeffler AG
  • Timken
  • MORE
New Report Released: – Global Bearings Market 2017-2021

The author of the report recognizes the following companies as the key players in the global bearings market: SKF, Schaeffler AG, Timken, NSK, and NTN.

Other Prominent Vendors in the market are: Asahi Seiko, C&U Group, JTEKT, LYC, Nachi, RBC Bearings, and ZWZ Bearings.

Commenting on the report, an analyst from the research team said: “One trend in market is emergence of digitalization. The Internet of things(IoT) is discovering its pathway into the factory and has brought about an industrial revolution with the concept of Industry 4.0. This technology employs highly customized products in flexible manufacturing conditions. Companies are now in mid-way to networking their machinery, warehousing systems, and equipment worldwide.”

According to the report, one driver in market is soaring automotive industry in APAC. The automotive industry is the prime end-user in the global bearings market. The enduring expansion of auto industries worldwide, especially in APAC, is the major driving factor for the market growth. Auto industries in China, Japan, South Korea, India, Australia, and Indonesia are the major patrons of bearings and are expected to drive the market in APAC during the forecast period. The automotive industry in China and India are at the core of a radical development and has the potential to cover the major auto industries worldwide. The rising road infrastructure and consumer affluence in these countries are likely to aid the automotive industry through rising investment by both domestic and international players.

Further, the report states that one challenges in market is volatility in raw material prices. Ceramics, chrome steels, and stainless steels are few major raw materials used for manufacturing bearings. However, the cost of these raw materials is highly fluctuating in the international market. As discussed earlier, most of these fluctuations happen due to variations in global economy conditions. Stainless steel often suffers from excessive nickel prices, as nickel accounts for nearly half the cost of stainless steel. This increase in price is most likely to create customer resistance thereby resulting low adoption in the market. However, this resistance to increased price will then bring slim profit margin for the manufacturers. In either of these cases, the bearing market will remain under threat.

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 in addition to a SWOT analysis of the key vendors.
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  • SKF
  • Schaeffler AG
  • Timken
  • NSK
  • NTN
  • Asahi Seiko
  • C&U Group
  • JTEKT
  • LYC
  • Nachi
  • RBC Bearings
  • ZWZ Bearings
Note: Product cover images may vary from those shown
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