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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
Frequently Asked Questions about the Global Market for Bearing Isolators

What is the estimated value of the Global Market for Bearing Isolators?

The Global Market for Bearing Isolators was estimated to be valued at $1.4 Billion in 2020.

What is the growth rate of the Global Market for Bearing Isolators?

The growth rate of the Global Market for Bearing Isolators is 4.5%, with an estimated value of $1.9 Billion by 2027.

What is the forecasted size of the Global Market for Bearing Isolators?

The Global Market for Bearing Isolators is estimated to be worth $1.9 Billion by 2027.
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
Note: Product cover images may vary from those shown