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Bearing Isolators - Global Market Trajectory & Analytics

  • ID: 4804741
  • Report
  • April 2021
  • Region: Global
  • 281 pages
  • Global Industry Analysts, Inc
Global Bearing Isolators Market to Reach $1.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Bearing Isolators estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$1.9 Billion by 2027, growing at a CAGR of 4.6% over the period 2020-2027. Metallic, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Metallic segment is readjusted to a revised 4.4% CAGR for the next 7-year period.



The U.S. Market is Estimated at $373.4 Million, While China is Forecast to Grow at 7.2% CAGR

The Bearing Isolators market in the U.S. is estimated at US$373.4 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$382.1 Million by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Select Competitors (Total 41 Featured):
  • Advanced Sealing International
  • Aesseal PLC
  • Baldor Electric Company
  • Beacon Gasket & Seals Co.
  • Elliott Group
  • Flowserve Corporation
  • Garlock Sealing Technologies LLC
  • Inpro/Seal
  • Isomag Corporation
  • John Crane
  • Parker Hannifin Corporation
  • The Timken Company
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Bearing Isolators Market to Register Huge Growth
  • Metallic Material Type to Register Fastest Growth
  • In End-User Applications, Oil & Gas to Account for Fastest Growth
  • Impact of Covid-19 and a Looming Global Recession
  • Increasing Need for Accurate and High-Speed Equipment to Drive Growth in Bearing Isolators Market
  • Stringent Regulations in Developed Regions to Support Market Demand
  • Exhibit 1: Worldwide Bearing Demand (Billion USD) by Region: 2018E
  • Increased Need for Accurate and High Speed Equipment, and Stringent Regulations to Bode well for Market growth
  • Market Players in Bearing Isolators Adopt Strategies to Enhance Operational Life of the Equipment
  • Introduction of innovative Technologies Support Market Growth
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 41
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