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Global Bearings Market by Group (Group 1, Group 2, Group 3), Machine Type (Aerospace Machinery, Electric Vehicles, ICE Vehicles), Product Type, Size, Distribution Channel, End-User - Forecast 2024-2030

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    Report

  • 182 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5337799
UP TO OFF until Dec 31st 2024
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The Bearings Market size was estimated at USD 179.07 billion in 2023, USD 206.06 billion in 2024, and is expected to grow at a CAGR of 15.16% to reach USD 481.18 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Bearings Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Bearings Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Bearings Market, highlighting leading vendors and their innovative profiles. These include American Roller Bearing Company, Ball & Roller Bearing Company, Bearing and Drive Systems, Bearing King, Bolton Engineering Products Ltd, Harbin Bearing Manufacturing Co., Ltd., HB Bearings Ltd., HKT Bearings Limited, ILJIN Co., Ltd., Jones Bearing Company, JTEKT Corporation. by Toyota Motor Corporation, LYC Bearing Corporation, Midland Bearings Ltd, NSK Ltd., and NTN Corporation.

Market Segmentation & Coverage

This research report categorizes the Bearings Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Group
    • Group 1
    • Group 2
    • Group 3
  • Machine Type
    • Aerospace Machinery
    • Electric Vehicles
    • ICE Vehicles
    • Industrial Machinery
  • Product Type
    • Ball Bearings
    • Deep Groove Bearings
    • Roller Bearings
    • Split
    • Tapered
  • Size
    • 30 to 40
    • 41 to 50
    • 51 to 60
    • 61 to 70
    • 70 & above
  • Distribution Channel
    • Aftermarket
    • Original Equipment Manufacturers
  • End-User
    • Agriculture
    • Automotive
    • Automotive Aftermarket
    • Electrical
    • Mining & Construction
    • Railway & Aerospace
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Bearings Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Bearings Market?
  3. What are the technology trends and regulatory frameworks in the Bearings Market?
  4. What is the market share of the leading vendors in the Bearings Market?
  5. Which modes and strategic moves are suitable for entering the Bearings Market?

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This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Bearings Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing need for manufacturing automated machines
5.1.1.2. Rising electric vehicle production worldwide
5.1.1.3. Demand for low maintenance and reliable bearings
5.1.2. Restraints
5.1.2.1. Fluctuating raw material prices and high maintenance cost
5.1.3. Opportunities
5.1.3.1. Technological developments in bearing manufacturing
5.1.3.2. Growing investment in renewable energy projects such as wind turbine
5.1.4. Challenges
5.1.4.1. Limitation of radial ball bearing such as low radial & axial load capacity capacity
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Bearings Market, by Group
6.1. Introduction
6.2. Group 1
6.3. Group 2
6.4. Group 3
7. Bearings Market, by Machine Type
7.1. Introduction
7.2. Aerospace Machinery
7.3. Electric Vehicles
7.4. ICE Vehicles
7.5. Industrial Machinery
8. Bearings Market, by Product Type
8.1. Introduction
8.2. Ball Bearings
8.3. Deep Groove Bearings
8.4. Roller Bearings
8.5. Split
8.6. Tapered
9. Bearings Market, by Size
9.1. Introduction
9.2. 30 to 40
9.3. 41 to 50
9.4. 51 to 60
9.5. 61 to 70
9.6. 70 & above
10. Bearings Market, by Distribution Channel
10.1. Introduction
10.2. Aftermarket
10.3. Original Equipment Manufacturers
11. Bearings Market, by End-User
11.1. Introduction
11.2. Agriculture
11.3. Automotive
11.4. Automotive Aftermarket
11.5. Electrical
11.6. Mining & Construction
11.7. Railway & Aerospace
12. Americas Bearings Market
12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States
13. Asia-Pacific Bearings Market
13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam
14. Europe, Middle East & Africa Bearings Market
14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom
15. Competitive Landscape
15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player
16. Competitive Portfolio
16.1. Key Company Profiles
16.1.1. American Roller Bearing Company
16.1.2. Ball & Roller Bearing Company
16.1.3. Bearing and Drive Systems
16.1.4. Bearing King
16.1.5. Bolton Engineering Products Ltd
16.1.6. Harbin Bearing Manufacturing Co., Ltd.
16.1.7. HB Bearings Ltd.
16.1.8. HKT Bearings Limited
16.1.9. ILJIN Co., Ltd.
16.1.10. Jones Bearing Company
16.1.11. JTEKT Corporation. by Toyota Motor Corporation
16.1.12. LYC Bearing Corporation
16.1.13. Midland Bearings Ltd
16.1.14. NSK Ltd.
16.1.15. NTN Corporation
16.2. Key Product Portfolio
17. Appendix
17.1. Discussion Guide
17.2. License & Pricing
List of Figures
FIGURE 1. BEARINGS MARKET RESEARCH PROCESS
FIGURE 2. BEARINGS MARKET SIZE, 2023 VS 2030
FIGURE 3. BEARINGS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. BEARINGS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. BEARINGS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. BEARINGS MARKET DYNAMICS
FIGURE 7. BEARINGS MARKET SIZE, BY GROUP, 2023 VS 2030 (%)
FIGURE 8. BEARINGS MARKET SIZE, BY GROUP, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. BEARINGS MARKET SIZE, BY MACHINE TYPE, 2023 VS 2030 (%)
FIGURE 10. BEARINGS MARKET SIZE, BY MACHINE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. BEARINGS MARKET SIZE, BY PRODUCT TYPE, 2023 VS 2030 (%)
FIGURE 12. BEARINGS MARKET SIZE, BY PRODUCT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. BEARINGS MARKET SIZE, BY SIZE, 2023 VS 2030 (%)
FIGURE 14. BEARINGS MARKET SIZE, BY SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. BEARINGS MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
FIGURE 16. BEARINGS MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. BEARINGS MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 18. BEARINGS MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. AMERICAS BEARINGS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. AMERICAS BEARINGS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. UNITED STATES BEARINGS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 22. UNITED STATES BEARINGS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. ASIA-PACIFIC BEARINGS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. ASIA-PACIFIC BEARINGS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. EUROPE, MIDDLE EAST & AFRICA BEARINGS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 26. EUROPE, MIDDLE EAST & AFRICA BEARINGS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 27. BEARINGS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 28. BEARINGS MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • American Roller Bearing Company
  • Ball & Roller Bearing Company
  • Bearing and Drive Systems
  • Bearing King
  • Bolton Engineering Products Ltd
  • Harbin Bearing Manufacturing Co., Ltd.
  • HB Bearings Ltd.
  • HKT Bearings Limited
  • ILJIN Co., Ltd.
  • Jones Bearing Company
  • JTEKT Corporation. by Toyota Motor Corporation
  • LYC Bearing Corporation
  • Midland Bearings Ltd
  • NSK Ltd.
  • NTN Corporation

Methodology

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Table Information