Long-term Growth Driven by the Wind Energy and Food and Beverage Industry Post COVID-19
This study discusses the key growth opportunities for industrial bearings and couplings in both the global and regional market (APAC, the Americas, and EMEA). The key drivers and restrains and their impacts on the global bearings and couplings market are discussed on a global level. The research service also analyzes the total market size of industrial bearings and industrial couplings, industrial bearings by product (roller bearings and ball bearings), industrial couplings by product (mechanical flexible coupling, material flexible couplings, fluid couplings), and industrial bearings and couplings by end-user industries. The market share of the top-5 industrial bearings and top-5 industrial couplings participants are provided for a better understanding of the global competitive landscape of industrial bearings and couplings. At the regional level, the market size of industrial bearings and couplings, industrial bearings by product (ball bearings and roller bearings), industrial couplings by product (mechanical flexible couplings, material flexible couplings, fluid couplings), industrial bearings by end-user industries, and industrial couplings by end-user industries are provided for APAC, the Americas, and EMEA. The study also discusses how Mega Trends are affecting this industry and what industrial component manufacturers should do to catch up with those trends.
Timeline:
- Historical period: 2017–2019
- Base Year: 2020
- Forecast period: 2021–2025
Major End-user Industries
The major end-user industries covered in this study are:
- Mining
- Metal works
- Material handling
- Construction
- Energy
- Food and beverage
Product Segmentation
The product segment includes the following categories:
- Industrial bearings: Ball bearings and roller bearings
- Industrial couplings: Mechanical flexible couplings, material flexible couplings, fluid couplings
Key Issues Addressed
- How did the industrial bearings and couplings market change in the last three years? Will this market grow or decline in the next 5 years? What are the reasons?
- What are the drivers and restrains (short term, mid term, and long term) that will affect the growth of this market?
- How big is this market globally? What is the share of different regions (APAC, the Americas, and EMEA)? Which region is likely to have the highest growth rate in the next 5 years?
- What are the key end-user industries for industrial bearings and couplings? Which end-user industry is likely to have the most significant growth in the next 5 years? Are there any differences between different regions (APAC, the Americas, and EMEA)?
- What are the Mega Trends that will affect industrial bearings and couplings? What actions are required to take in order to grab the opportunities presented by these Mega Trends?
