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Bearings Global Market Report 2024

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    Report

  • 200 Pages
  • January 2024
  • Region: Global
  • The Business Research Company
  • ID: 5752108
Bearings are crucial machine components that consist of rolling elements designed to minimize friction, carry loads, and guide the movement and position of various machine parts. They are widely utilized across diverse industries to reduce friction between moving elements and support relative motion.

The main types of bearings are categorized as unmounted and mounted bearings. Unmounted bearings are those with cylindrical elements typically pressed onto a shaft or featuring a tapered bore for mounting on a drive shaft with an adapter sleeve. They come in a variety of types and styles to suit different applications. Bearings are manufactured using materials such as metal, plastic, and ceramics. Bearings find applications across various industries, including automotive, agriculture, electrical, mining and construction, railway and aerospace, automotive aftermarket, and others. These products are distributed through both online and offline distribution channels.

The bearings market research report is one of a series of new reports that provides bearings market statistics, including bearings industry global market size, regional shares, competitors with a bearings market share, detailed bearings market segments, market trends, and opportunities, and any further data you may need to thrive in the bearings industry. This bearings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The bearings market size has grown strongly in recent years. It will grow from $125.89 billion in 2023 to $137.33 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth observed during the historical period in the bearings market can be attributed to several factors. These include the industrialization and growth of manufacturing, the expansion of the automotive and transportation sectors, increased demand for energy and power generation, growth in construction and infrastructure development, and the demand for bearings in heavy machinery and equipment. These factors collectively contributed to the expansion and development of the bearings market during the specified historical timeframe.

The bearings market size is expected to see strong growth in the next few years. It will grow to $193.77 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The anticipated growth in the forecast period for the bearings market can be attributed to various factors. These include the increased adoption of bearings in renewable energy applications, the growing demand for bearings in medical and healthcare equipment, the expansion of industrial automation and robotics, a rise in investment in aerospace and aviation technologies, and market penetration in emerging economies and developing regions. Notable trends expected during this period include technological advancements in bearing materials and design, a focus on sustainability and eco-friendly bearings, the utilization of 3D printing and additive manufacturing for bearings, increasing investment in research and development, and a shift towards high-speed and high-temperature bearings. These trends signify significant considerations in the bearings market as it adapts to changing technological landscapes and sustainability goals.

The surge in demand for electric vehicles (EVs) is poised to be a driving force behind the growth of the bearings market. Electric vehicles, propelled by electric motors rather than traditional internal-combustion engines, necessitate specialized bearings due to the high speeds involved in EV and hybrid electric vehicle (HEV) powertrains. The International Energy Agency (IEA) reported in its annual global electric vehicle outlook for 2022 that the sales of electric cars, including fully electric and plug-in hybrids, doubled in 2021, reaching a record 6.6 million. China alone contributed significantly to this growth, with electric car sales nearly tripling to 3.3 million in 2021, representing about half of the global total. Consequently, the increasing demand for electric vehicles is anticipated to drive the bearings market's growth during the forecast period.

The burgeoning automotive industry is expected to play a pivotal role in propelling the bearings market forward. Embracing design, development, manufacturing, marketing, and sales of motor vehicles, the automotive industry leverages bearings to enhance efficiency, durability, safety, and comfort while mitigating noise, vibration, and maintenance costs. According to the European Automobile Manufacturers Association, global motor vehicle production reached 85.4 million units in 2022, reflecting a notable 5.7% increase from 2021. Moreover, the automobile sector achieved approximately 78 million unit sales in 2022, marking a substantial 10% increase, as reported by Brand Finance plc. Hence, the surging automotive industry acts as a catalyst for the bearings market's growth.

Technological advancement stands out as a prominent trend shaping the bearings market. Manufacturers are increasingly focusing on the application of customized bearings to meet evolving needs as new technologies and digitalization become more widespread. In September 2021, AB SKF, a Sweden-based bearing manufacturing company, introduced a new line of spherical roller bearings designed specifically for slab, billet, and bloom continuous casting operations. These specialized bearings aim to enhance uptime, reduce production costs, and minimize environmental impact in harsh steel mill conditions. Rigorous testing in actual steel mill installations has demonstrated the superior performance of these new continuous caster spherical roller bearings, showcasing the industry's commitment to technological innovation in bearings manufacturing.

Prominent companies in the bearings market are strategically focusing on the development of innovative products, exemplified by the introduction of a lineup of bearings. This innovative lineup stands out for featuring a bioplastic cage, signifying that the cages, also known as retainers, utilized within the bearings are crafted from biodegradable or bioplastic materials. NSK Ltd., a leading Japanese company specializing in bearing manufacturing, automotive components, and precision machinery, pioneered this advancement by launching the world's first lineup of bearings with a bioplastic cage in December 2021. Bearings equipped with bioplastic cages contribute to sustainability objectives and play a role in lessening the environmental impact across various industries. Notably, these bioplastic cage bearings find applications in the automotive sector, including wheel hubs, transmission systems, and engines. By incorporating such bearings, weight reduction in vehicles is achieved, thereby enhancing fuel efficiency and decreasing emissions.

In a strategic move in October 2021, Regal Beloit Corporation, a prominent US-based manufacturer of electric motors and power transmission components, entered into a partnership with Rexnord Pmc LLC. This collaboration aimed to position the businesses as trailblazers in the future of electric motors, systems development, and power transmission. As a result of this partnership, a broader array of digital solutions was introduced, designed to elevate clients' productivity and efficiency in the realm of power transmission. Rexnord Pmc LLC, the partner in this venture, is a distinguished US-based bearings manufacturing company, contributing to the collaborative efforts towards innovation and future advancements in the field.

Major companies operating in the bearings market include Harbin Bearing Manufacturing Co. Ltd., HKT Bearings Limited, Igus Inc., JTEKT Corporation, MinebeaMitsumi Inc., ISB Industries S.r.l., KOYO Corporation of U.S.A., THB Bearings Co. Ltd., Myonic GmbH, SKF Group, LYC Bearing Corporation Limited, NTN Corporation, RKB Europe S.A., NSK Ltd., Brammer PLC, NBI Bearings Europe S.A., Rexnord Corporation, Schaeffler Technologies AG & Co. KG, The Timken Company, C&U Group Company Limited, Luoyang LYC Bearing Co. Ltd., Daido Metal Co. Ltd., THK Co. Ltd., GGB Bearing Technology, RBC Bearings Incorporated

Asia-Pacific was the largest region in the bearings market in 2023. Western Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the bearings market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the bearings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The bearings market consists of sales of bearing unmounted bearings, such as steel ball bearings, and stainless-steel ball bearings. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Bearings Market Characteristics3. Bearings Market Trends And Strategies
4. Bearings Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Bearings Market Size and Growth
5.1. Global Bearings Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Bearings Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Bearings Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Bearings Market Segmentation
6.1. Global Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Unmounted Bearing
Mounted Bearing
6.2. Global Bearings Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Metal
Plastic
Ceramics
6.3. Global Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Online
Offline
6.4. Global Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Automotive
Agriculture
Electrical
Mining and construction
Railway and Aerospace
Automotive Aftermarket
Other Applications
7. Bearings Market Regional And Country Analysis
7.1. Global Bearings Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Bearings Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Bearings Market
8.1. Asia-Pacific Bearings Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Bearings Market
9.1. China Bearings Market Overview
9.2. China Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Bearings Market
10.1. India Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Bearings Market
11.1. Japan Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Bearings Market
12.1. Australia Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Bearings Market
13.1. Indonesia Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Bearings Market
14.1. South Korea Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Bearings Market
15.1. Western Europe Bearings Market Overview
15.2. Western Europe Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Bearings Market
16.1. UK Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Bearings Market
17.1. Germany Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Bearings Market
18.5. France Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Bearings Market
19.9. Italy Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Bearings Market
20.13. Spain Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Bearings Market
21.1. Eastern Europe Bearings Market Overview
21.2. Eastern Europe Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Bearings Market
22.1. Russia Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Bearings Market
23.1. North America Bearings Market Overview
23.2. North America Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Bearings Market
24.1. USA Bearings Market Overview
24.2. USA Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Bearings Market
25.1. Canada Bearings Market Overview
25.2. Canada Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Bearings Market
26.1. South America Bearings Market Overview
26.2. South America Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Bearings Market
27.1. Brazil Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Bearings Market
28.1. Middle East Bearings Market Overview
28.2. Middle East Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Bearings Market
29.1. Africa Bearings Market Overview
29.2. Africa Bearings Market, Segmentation By Bearing Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Bearings Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Bearings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Bearings Market Competitive Landscape And Company Profiles
30.1. Bearings Market Competitive Landscape
30.2. Bearings Market Company Profiles
30.2.1. Harbin Bearing Manufacturing Co. Ltd.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. HKT Bearings Limited
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Igus Inc.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. JTEKT Corporation
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. MinebeaMitsumi Inc
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Bearings Market Competitive Benchmarking32. Global Bearings Market Competitive Dashboard33. Key Mergers And Acquisitions In The Bearings Market
34. Bearings Market Future Outlook and Potential Analysis
34.1 Bearings Market In 2028 - Countries Offering Most New Opportunities
34.2 Bearings Market In 2028 - Segments Offering Most New Opportunities
34.3 Bearings Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

Executive Summary

Bearings Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on bearings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for bearings? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

  • Markets Covered: 1) By Bearing Type: Unmounted Bearing; Mounted Bearing 2) By Material: Metal; Plastic; Ceramics 3) By Application: Automotive; Agriculture; Electrical; Mining and construction; Railway and Aerospace; Automotive Aftermarket; Other Applications 4) By Distribution Channel: Online; Offline
  • Companies Mentioned: Harbin Bearing Manufacturing Co. Ltd.; HKT Bearings Limited; Igus Inc.; JTEKT Corporation; MinebeaMitsumi Inc.
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Harbin Bearing Manufacturing Co. Ltd.
  • HKT Bearings Limited
  • Igus Inc.
  • JTEKT Corporation
  • MinebeaMitsumi Inc.
  • ISB Industries S.r.l.
  • KOYO Corporation of U.S.A.
  • THB Bearings Co. Ltd.
  • Myonic GmbH
  • SKF Group
  • LYC Bearing Corporation Limited
  • NTN Corporation
  • RKB Europe S.A.
  • NSK Ltd.
  • Brammer plc
  • NBI Bearings Europe S.A.
  • Rexnord Corporation
  • Schaeffler Technologies AG & Co. KG
  • The Timken Company
  • C&U Group Company Limited
  • Luoyang LYC Bearing Co. Ltd.
  • Daido Metal Co. Ltd.
  • THK Co. Ltd.
  • GGB Bearing Technology
  • RBC Bearings Incorporated

Methodology

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