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Bearing Market Trends and Forecast
 
The future of the bearing market looks promising with opportunities in the automotive, agriculture, electrical, mining & construction, railway & aerospace, automotive, power transmission, and oil & gas applications. The global bearing market is expected to grow with a CAGR of 6% to 8% from 2023 to 2028. The major drivers for this market are increasing demand for bearings with lower maintenance and growing need for industry-specific bearing solutions with unique design.
Bearing Market
Emerging Trends in the Bearing Market
Emerging trends, which have a direct impact on the dynamics of the industry, include emergence of sensor bearing units and evolution of industry 4.0. and a growing adoption of sensor based bearing with integrated IoT.
A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below. To learn the scope, benefits, companies researched and other details of the global bearing market report, please download the report brochure.
Bearing Market by Segments
Bearing Market by Segments
The study includes trends and forecast for the global bearing market by product, application, type, material, distribution channel, component, machine and region, as follows:
Bearing Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Ball Bearing
  • Roller Bearing
  • Plain Bearing
  • Otros
Bearing Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Automotor
  • Agriculture
  • Electrical
  • Mining & Construction
  • Railway & Aerospace
  • Automotor
  • Power Transmission
  • Oil & Gas
  • Otros
Bearing Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Mounted
  • Unmounted
Bearing Market by Material [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Metals
  • Plastics
  • Ceramic
Bearing Market by Distribution Channel [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Offline
  • Online
Bearing Market by Component [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Cages
  • Balls
  • Rollers
  • Rings
  • Otros
Bearing Market by Machine [Value ($B) Shipment Analysis from 2017 to 2028]:
  • ICE Vehicles
  • Electric Vehicles
  • Industrial Machinery
  • Aerospace Machinery
  • Otros
Bearing Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
  • América del norte
  • Europa
  • Asia Pacífico
  • The Rest of the World
List of Bearing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, bearing companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bearing companies profiled in this report include-
Bearing Market Insights
  • Lucintel forecasts that roller will remain the largest product segment over the forecast period as it reduces rotational friction, support radial and axial loads, and can sustain limited axial loads and heavy radial loads more efficiently than their counterparts.
  • Automotive is expected to remain the largest application segment from 2023 to 2028 due to the rising demand for modern automobiles, growing production of vehicles, and increasing demand for automobiles with technologically advanced solutions.
  • Asia Pacific will remain the largest region due to the rapid expansion of machinery, increasing aftermarket demand for industrial equipment and growing construction & mining equipment market in this region.
Features of the Bearing Market
  • Market Size Estimates: Bearing market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Bearing market size by various segments, such as by product, application, type, material, distribution channel, component, and machine
  • Regional Analysis: Bearing market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different products, applications, types, materials, distribution channels, components, machines, and regions for the bearing market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the bearing market.
  • Análisis de la intensidad competitiva de la industria basada en el modelo de cinco fuerzas de Porter.
FAQ
Q1. What is the bearing market size?
Answer: The global bearing market is expected to reach an estimated $xx billion by 2028.
Q2. What is the growth forecast for bearing market?
Answer: The global bearing market is expected to grow with a CAGR of 6% to 8% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the bearing market?
Answer: The major drivers for this market are increasing demand for bearings with lower maintenance and growing need for industry-specific bearing solutions with unique design.
Q4. What are the major segments for bearing market?
Answer: The future of the bearing market looks promising with opportunities in the automotive, agriculture, electrical, mining & construction, railway & aerospace, automotive, power transmission, and oil & gas applications.
Q5. What are the emerging trends in bearing market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include emergence of sensor bearing units and evolution of industry 4.0. and growing adoption of sensor based bearing with integrated IoT.
Q6. Who are the key bearing companies?
Answer: Some of the key bearing companies are as follows:
  • Brammer
  • Harbin Bearing Manufacturing
  • HKT Bearings
  • JTEKT Corporation
  • NBI Bearings Europe
  • NSK Global
  • NTN Corporation
Q7. Which bearing segment will be the largest in future?
Answer: Lucintel forecasts that roller will remain the largest product segment over the forecast period as it reduces rotational friction, support radial and axial loads, and can sustain limited axial loads and heavy radial loads more efficiently than their counterparts.
Q8. In bearing market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific will remain the largest region due to the rapid expansion of machinery, increasing aftermarket demand for industrial equipment and growing construction & mining equipment market in this region.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the bearing market by product (ball bearing, roller bearing, plain bearing, and others), application (automotive, agriculture, electrical, mining & construction, railway & aerospace, automotive, power transmission, oil & gas, and others), type (mounted and unmounted), material (metal, plastic, and ceramic), distribution channel (offline and online), component (cages, balls, rollers, rings, and others), machine (ICE vehicle, electric vehicle, industrial machinery, aerospace machinery, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and what has its impact been on the industry?

 
For any questions related to bearing market or related to bearing companies, bearing market size, bearing market share, bearing analysis, write Lucintel analyst at email: helpDesk@lucintel.com. We will be glad to get back to you soon.

Tabla de contenido

  1. Executive Summary

2. Global Bearing Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Bearing Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Bearing Market by Product
3.3.1: Ball Bearing
3.3.2: Roller Bearing
3.3.3: Plain Bearing
3.3.4: Others
3.4: Global Bearing Market by Application
3.4.1: Automotive
3.4.2: Agriculture
3.4.3: Electrical
3.4.4: Mining & Construction
3.4.5: Railway & Aerospace
3.4.6: Automotive
3.4.7: Power Transmission
3.4.8: Oil & Gas
3.4.9: Others
3.5: Global Bearing Market by Type
3.5.1: Mounted
3.5.2: Unmounted
3.6: Global Bearing Market by Material
3.6.1: Metal
3.6.2: Plastic
3.6.3: Ceramic
3.7: Global Bearing Market by Distribution Channel
3.7.1: Offline
3.7.2: Online
3.8: Global Bearing Market by Component
3.8.1: Cages
3.8.2: Balls
3.8.3: Rollers
3.8.4: Rings
3.8.5: Others
3.9: Global Bearing Market by Machine
3.9.1: ICE Vehicle
3.9.2: Electric Vehicle
3.9.3: Industrial Machinery
3.9.4: Aerospace Machinery
3.9.5: Others

4. Market Trends and Forecast Analysis by Region from 2017-2028
4.1: Global Bearing Market by Region
4.2: North American Bearing Market
4.2.1: North American Bearing Market by Product: Ball Bearing, Roller Bearing, Plain Bearing, and Others
4.2.2: North American Bearing Market by Application: Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace, Automotive, Power Transmission, Oil & Gas, and Others
4.3: European Bearing Market
4.3.1: European Bearing Market by Product: Ball Bearing, Roller Bearing, Plain Bearing, and Others
4.3.2: European Bearing Market by Application: Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace, Automotive, Power Transmission, Oil & Gas, and Others
4.4: APAC Bearing Market
4.4.1: APAC Bearing Market by Product: Ball Bearing, Roller Bearing, Plain Bearing, and Others
4.4.2: APAC Bearing Market by Application: Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace, Automotive, Power Transmission, Oil & Gas, and Others
4.5: ROW Bearing Market
4.5.1: ROW Bearing Market by Product: Ball Bearing, Roller Bearing, Plain Bearing, and Others
4.5.2: ROW Bearing Market by Application: Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace, Automotive, Power Transmission, Oil & Gas, and Others

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Bearing Market by Product
6.1.2: Growth Opportunities for the Global Bearing Market by Application
6.1.3: Growth Opportunities for the Global Bearing Market by Type
6.1.4: Growth Opportunities for the Global Bearing Market by Material
6.1.5: Growth Opportunities for the Global Bearing Market by Distribution Channel
6.1.6: Growth Opportunities for the Global Bearing Market by Component
6.1.7: Growth Opportunities for the Global Bearing Market by Machine
6.1.8: Growth Opportunities for the Global Bearing Market by Region
6.2: Emerging Trends in the Global Bearing Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Bearing Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Bearing Market

7. Company Profiles of Leading Players
7.1: Brammer
7.2: Harbin Bearing Manufacturing
7.3: HKT Bearings
7.4: JTEKT Corporation
7:5: NBI Bearings Europe
7.6: NSK Global
7.7: NTN Corporation

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Lucintel ha estado en el negocio de la consultoría de investigación y gestión de mercado desde 2000 y ha publicado más de 1000 informes de inteligencia de mercado en varios mercados / aplicaciones y atendió a más de 1,000 clientes en todo el mundo. Este estudio es una culminación de cuatro meses de esfuerzo a tiempo completo realizado por el equipo analista de Lucintel. Los analistas utilizaron las siguientes fuentes para la creación y finalización de este valioso informe:
  • Entrevistas en profundidad de los principales actores en este mercado
  • Investigación secundaria detallada de los estados financieros de los competidores y datos publicados 
  • Extensas búsquedas de obras publicadas, mercado e información de bases de datos relacionadas con noticias de la industria, comunicados de prensa de la empresa e intenciones de clientes
  • Una compilación de las experiencias, juicios e ideas de los profesionales de Lucintel, que han analizado y rastreado este mercado a lo largo de los años.
Se realizan una extensa investigación y entrevistas en la cadena de suministro de este mercado para estimar la cuota de mercado, el tamaño del mercado, las tendencias, los impulsores, los desafíos y las previsiones. A continuación se muestra un breve resumen de las entrevistas principales que se llevaron a cabo por la función de trabajo para este informe.
 
Por lo tanto, Lucintel compila grandes cantidades de datos de numerosas fuentes, valida la integridad de esos datos y realiza un análisis exhaustivo. Lucintel luego organiza los datos, sus hallazgos y las ideas sobre un informe conciso diseñado para respaldar el proceso estratégico de toma de decisiones. La siguiente figura es una representación gráfica del proceso de investigación de Lucintel. 
 

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