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The bearings market is forecasted to grow by USD 17.28 billion during 2024-2029, accelerating at a CAGR of 3.3% during the forecast period. The report on the bearings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by strong demand for high-quality bearings, growing adoption of automation in manufacturing process, and APAC acting as market enabler.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The bearings market is segmented as below:
By Product
- Anti-friction bearings
- Magnetic bearings
- Others
By End-user
- Automotive industry
- Heavy industry
- ARS industry
- Others
By Type
- Mounted bearing
- Unmounted bearing
By Distribution Channel
- OEM
- Aftermarket
By Measurement
- 30 to 40
- 41 to 50
- 51 to 60
- 61 to 70
- 70 and above
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the bearings market covers the following areas:
- Bearings Market sizing
- Bearings Market forecast
- Bearings Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by End-user
10 Market Segmentation by Type
11 Market Segmentation by Distribution Channel
12 Market Segmentation by Measurement
30 to 40 - Market size and forecast 2024-2029
41 to 50 - Market size and forecast 2024-2029
51 to 60 - Market size and forecast 2024-2029
61 to 70 - Market size and forecast 2024-2029
70 and above - Market size and forecast 2024-2029
13 Customer Landscape
14 Geographic Landscape
15 Drivers, Challenges, and Opportunity/Restraints
16 Competitive Landscape
17 Competitive Analysis
18 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global bearings market: AB SKF, ASAHI SEIKO Co. Ltd., C and U Group, Calnetix Technologies LLC, Grupo NBI, HKT BEARINGS Ltd., ISB Industries, JTEKT Corp., Luoyang JCB Bearing Technology Co. Ltd., LYC Bearing Corp., MinebeaMitsumi Inc., NACHI FUJIKOSHI Corp., NSK Ltd., NTN Corp., RBC Bearings Inc., Regal Rexnord Corp., Schaeffler AG, SRIJI GOPALJI INDUSTRIES PVT LTD., THB Bearings Co. Ltd., The Timken Co., and Wafangdian Guangyang Bearing Group Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing adoption of electric vehicles."
According to the report, one of the major drivers for this market is the strong demand for high-quality bearings.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB SKF
- ASAHI SEIKO Co. Ltd.
- C and U Group
- Calnetix Technologies LLC
- Grupo NBI
- HKT BEARINGS Ltd.
- ISB Industries
- JTEKT Corp.
- Luoyang JCB Bearing Technology Co. Ltd.
- LYC Bearing Corp.
- MinebeaMitsumi Inc.
- NACHI FUJIKOSHI Corp.
- NSK Ltd.
- NTN Corp.
- RBC Bearings Inc.
- Regal Rexnord Corp.
- Schaeffler AG
- SRIJI GOPALJI INDUSTRIES PVT LTD.
- THB Bearings Co. Ltd.
- The Timken Co.
- Wafangdian Guangyang Bearing Group Co. Ltd.