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Bearings Market Share, Size, Trends, Industry Analysis Report, By End-Use; By Type; By Region; Segment Forecast, 2021 - 2028

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    Report

  • 114 Pages
  • July 2021
  • Region: Global
  • Polaris Market Research
  • ID: 5397064
The global bearings market size is expected to reach USD 225.82 billion by 2028 according to this new study. The report “Bearings Market Share, Size, Trends, Industry Analysis Report, By End-Use (Automotive, Electrical and Electronics, Construction, Mining, Aerospace, Others); By Type; By Region; Segment Forecast, 2021-2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.



There has been an increasing adoption of the product across the world owing to the growing manufacturing industry. Also, the rising applications of the product in heavy machinery and increasing automation of manufacturing processes are expected to boost the adoption of the product during the forecast period. Advancement in manufacturing, growing automotive application, and integration in several industries act as catalysts for industry development.

Secondary and tertiary factors driving the market include growth in the global automotive industry, rising demand from the renewable energy sector, and increasing need for lightweight products for various applications. Technological advancements across the globe and increasing demand from emerging economies are projected to provide substantial growth opportunities in the coming years.

Increasing investments and technological advancements are expected to boost the adoption of the product in the Asia Pacific during the forecast period. An increasing need to improve efficiency and productivity and increased industrialization and automation further supplements the demand growth. The rising applications of the product in the renewable energy sector of Asia-Pacific are expected to accelerate the demand during the forecast period.

The companies operating in the industry include Harbin Bearing Manufacturing Co, Schaeffler Group, Ltd, NSK Global, Rexnord Corporation, The Timken Company, Brammer PLC, JTEKT Corporation, NTN Corporation, Federal Moghul Holding Corporation, and NKE AUSTRIA GmbH. These companies launch new products and collaborate with other industry leaders to innovate and launch new products to meet consumers’ increasing needs and requirements.

The publisher has segmented the bearings market report on the basis of type, end-use, and region:


Bearings, Type Outlook (Revenue-USD Million, 2016-2028)


  • Ball Bearings
  • Roller Bearings
  • Others

Bearings, End-use Outlook (Revenue-USD Million, 2016-2028)


  • Automotive
  • Electrical and Electronics
  • Construction
  • Mining
  • Aerospace
  • Others

Bearings, Regional Outlook (Revenue-USD Million, 2016-2028)


  • North America
  • U.S
  • Canada
  • Europe
  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Netherlands
  • Austria
  • Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • South Korea
  • Indonesia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
Frequently Asked Questions about the Bearings Market

What is the estimated value of the Bearings Market?

The Bearings Market was estimated to be valued at $118.23 Billion in 2021.

What is the growth rate of the Bearings Market?

The growth rate of the Bearings Market is 9.0%, with an estimated value of $225.82 Billion by 2028.

What is the forecasted size of the Bearings Market?

The Bearings Market is estimated to be worth $225.82 Billion by 2028.

Who are the key companies in the Bearings Market?

Key companies in the Bearings Market include Schaeffler Group, Harbin Bearing Manufacturing Co. Ltd., NSK Global, The Timken Company, Rexnord Corporation, JTEKT Corporation, Brammer PLC, Federal Moghul Holding Corporation and NKE AUSTRIA GmbH.

Table of Contents

1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key takeaways
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Bearings Market Insights
3.1. Bearings - Industry snapshot
3.2. Bearings - Ecosystem analysis
3.3. Bearings Market Dynamics
3.3.1. Bearings - Market Forces
3.3.1.1. Bearings Market Driver Analysis
3.3.1.2. Bearings Market Restraint/Challenges analysis
3.3.1.3. Bearings Market Opportunity Analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Bearings Market PEST Analysis, 2020
3.6. Bearings Market Value Chain Analysis
3.7. Bearings Industry Trends
3.8. Competitive Ranking Analysis
4. Bearings Market Size and Forecast by Type, 2016 - 2028
4.1. Key Findings
4.2. Ball Bearings
4.3. Roller Bearings
4.4. Others
5. Bearings Market Size and Forecast by End-User, 2016 - 2028
5.1. Key Findings
5.2. Automotive
5.3. Electrical and Electronics
5.4. Construction
5.5. Mining
5.6. Aerospace
5.7. Others
6. Bearings Market Size and Forecast by Region, 2016 - 2028
6.1. Key Findings
6.1.1. North America
6.1.2. U.S.
6.1.3. Canada
6.2. Europe
6.2.1. Germany
6.2.2. UK
6.2.3. France
6.2.4. Italy
6.2.5. Spain
6.2.6. Austria
6.2.7. Netherlands
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Indonesia
6.3.6. Malaysia
6.4. Latin America
6.4.1. Brazil
6.4.2. Argentina
6.4.3. Mexico
6.5. Middle East & Africa
6.5.1. Israel
6.5.2. Saudi Arabia
6.5.3. South Africa
6.5.4. UAE
7. Company Profiles
7.1. Schaeffler Group
7.1.1. Overview
7.1.2. Financials
7.1.3. Product Benchmarking
7.1.4. Recent Developments
7.2. Harbin Bearing Manufacturing Co., Ltd.
7.2.1. Overview
7.2.2. Financials
7.2.3. Product Benchmarking
7.2.4. Recent Developments
7.3. NSK Global
7.3.1. Overview
7.3.2. Financials
7.3.3. Product Benchmarking
7.3.4. Recent Developments
7.4. The Timken Company
7.4.1. Overview
7.4.2. Financials
7.4.3. Product Benchmarking
7.4.4. Recent Developments
7.5. Rexnord Corporation
7.5.1. Overview
7.5.2. Financials
7.5.3. Product Benchmarking
7.5.4. Recent Developments
7.6. JTEKT Corporation
7.6.1. Overview
7.6.2. Financials
7.6.3. Product Benchmarking
7.6.4. Recent Developments
7.7. Brammer PLC
7.7.1. Overview
7.7.2. Financials
7.7.3. Product Benchmarking
7.7.4. Recent Developments
7.8. Federal Moghul Holding Corporation
7.8.1. Overview
7.8.2. Financials
7.8.3. Product Benchmarking
7.8.4. Recent Developments
7.9. NTN Corporation
7.9.1. Overview
7.9.2. Financials
7.9.3. Product Benchmarking
7.9.4. Recent Developments
7.10. NKE AUSTRIA GmbH
7.10.1. Overview
7.10.2. Financials
7.10.3. Product Benchmarking
7.10.4. Recent Developments
List of Tables

Companies Mentioned

  • Schaeffler Group
  • Harbin Bearing Manufacturing Co. Ltd.
  • NSK Global
  • The Timken Company
  • Rexnord Corporation
  • JTEKT Corporation
  • Brammer PLC
  • Federal Moghul Holding Corporation
  • NTN Corporation
  • NKE AUSTRIA GmbH