Bearings Market Overview, Competitive Strategies and Forecast, 2016 to 2024 - PowerPoint PPT Presentation

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Bearings Market Overview, Competitive Strategies and Forecast, 2016 to 2024

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Projected to grow at a CAGR of around 7%, the bearings market is to witness a significant growth over the forecast period owing to increasing use of this mechanical component for smooth and proper functioning of machineries and vehicles. It is a major product for industries with heavy machineries and automotive sector. Technological innovations coupled with R&D initiatives in this sector are to fuel the market growth over next eight years. – PowerPoint PPT presentation

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Title: Bearings Market Overview, Competitive Strategies and Forecast, 2016 to 2024


1
Your Catalyst to a Lucrative Business
Bearings Market Share, Size, Analysis, Regional
Outlook, Growth, Trends and Forecasts to 2024
Hexa Research
Bearings Market Size Expected to Surpass 110
Million By 2024
The Bearings Market is primarily driven by
process industries and their need to conserve
energy. It is projected to generate more than USD
110 million in revenue by 2024. Technological
advances and demand from oil gas, automotive,
and construction industries will lead to market
growth. The fluctuating prices of steel pose a
challenge for the market.
The worldwide market is segmented according to
products, applications, and regions. Products
encompass ball bearings, roller bearings, and
others. Tapered and split bearings are 2 types of
roller bearings. Others consist of thrust,
angular contact, and self-aligning ball bearings.
Ball bearings are predicted to lead the bearings
market over the forecast period (2016-2024) due
to its ability to reduce friction between
different machine components. Deep groove
bearings are simple in design and used in radial
loads. They are estimated to garner huge growth
in the next six years on account of being
low-maintenance. Split roller bearings are used
in shafts and other hard to reach locations.
Browse Details of Report _at_ https//www.hexaresearc
h.com/research-report/global-bearing-market/
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Electronics, agriculture equipment machinery,
mining construction equipment, railway
aerospace, and automotive constitute as major
market applications. Demand for automotive
components will trigger market demand over the
next six years. Railway aerospace sector will
experience a similar growth rate on account of
increasing dependency by the normal public to use
these transportation modes to commute.
Regions covered under the market are North
America, Latin America, Asia Pacific, MEA (Middle
East Africa), and Europe. Asia Pacific reigned
over the bearings market in 2015 owing to
infrastructural projects and rapid
industrialization. The market will gain major
demand from Western Europe, the U.S., and Japan
due to these countries adopting the latest
technologies.
The market is highly competitive in nature.
Timken, SKF, NTN Corporation, Schaeffler Group,
and NSK Global are some of the top players
operating in the bearings market. They are
primarily targeting applications in which
engineering and manufacturing processes give them
an edge over their competition.
Companies are also investing in technology based
on recent trends like wind energy. Bearings used
in wind turbines will see a development creating
new avenues for the market.
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Technological advancements and steady focus on
superior performance vehicles have spurred the
demand for automotive composites.
Automotive Electronics Market - The automotive
industry is changing rapidly with increasing
demand for safety and features from consumers are
expected to drive the automotive electronics
market in future.
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Table of Content of Bearings Market
Chapter 1 Methodology and Scope 1.1 Research
Methodology
1.1.1 Initial data exploration
1.1.2 Statistical modeling and forecast 1.1.3
Industry insights and validation 1.2 List of Data
Sources
Chapter 2 Executive Summary
2.1 Bearings market snapshot, 2016 - 2024
Chapter 3 Bearings Industry Insights
3.1 Market segmentation
3.2 Market size and growth prospects 3.3 Bearings
value chain analysis 3.4 Bearings market
dynamics 3.4.1 Growth drivers
3.4.2 Industry pitfalls challenges 3.5 Key
growth opportunities 3.6 Porters analysis
3.7 Company market share analysis, 2016 3.8
PESTEL analysis
Chapter 4 Bearings Market Product Insights
4.1 Global bearings market share by product, 2016
2024 4.2 Ball Bearings
4.2.1 Global ball bearings demand, by region,
2016 - 2024 4.2.1.1 Global deep groove ball
bearings (DGBB) demand, by region, 2016 -
2024 4.2.1.2 Global other ball bearings demand,
by region, 2016 - 2024 4.3 Roller Bearings
4.3.1 Global roller bearings demand, by region,
2016 - 2024 4.3.1.1 Global split roller bearings
(SRB) demand by region, 2016 - 2024 4.3.1.2
Global tapered roller bearings (TRB) demand by
region, 2016 - 2024
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4.3.1.3 Global other roller bearings demand, by
region, 2016 - 2024
Chapter 5 Bearings Application Insights
5.1 Bearings market share by application, 2016
2024 5.2 Automotive
5.2.1 Global automotive bearings demand, by
region, 2016 - 2024 5.3 Agriculture
5.3.1 Global agriculture bearings demand, by
region, 2016 - 2024 5.4 Electrical
5.4.1 Global electrical bearings demand, by
region, 2016 - 2024 5.5 Mining Construction
5.5.1 Global mining construction bearings
demand, by region, 2016 - 2024 5.6 Railway
Aerospace
5.6.1 Global railway aerospace bearings demand,
by region, 2016 - 2024 5.7 Automotive Aftermarket
5.7.1 Global automotive aftermarket bearings
demand, by region, 2016 - 2024 5.8 Other
5.8.1 Global bearings demand in other
applications, by region, 2016 - 2024
Chapter 6 Bearings Market Regional Insights
6.1 Global bearings market share by region, 2016
2022 6.2 North America
6.2.1 North America bearings market by product,
2016 - 2024 6.2.1.1 North America ball bearings
market by product, 2016 - 2024 6.2.1.2 North
America roller bearings market by product, 2016 -
2024 6.2.2 North America bearings market by
application, 2016 - 2024 6.2.3 U.S.
6.2.3.1 U.S. bearings market by product, 2016 -
2024 6.2.3.1.1 U.S. ball bearings market by
product, 2016 - 2024 6.2.3.1.2 U.S. roller
bearings market by product, 2016 - 2024 6.2.3.2
U.S. bearings market by application, 2016 -
2024 6.2.4 Canada
6.2.4.1 Canada bearings market by product, 2016 -
2024 6.2.4.1.1 Canada ball bearings market by
product, 2016 - 2024 6.2.4.1.2 Canada roller
bearings market by product, 2016 - 2024
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6.2.4.2 Canada bearings market by application,
2016 - 2024
6.3 Europe
6.3.1 Europe bearings market by product, 2016 -
2024 6.3.1.1 Europe ball bearings market by
product, 2016 - 2024 6.3.1.2 Europe roller
bearings market by product, 2016 - 2024 6.3.2
Europe bearings market by application, 2016 -
2024 6.3.3 France
6.3.3.1 France bearings market by product, 2016 -
2024 6.3.3.1.1 France ball bearings market by
product, 2016 - 2024 6.3.3.1.2 France roller
bearings market by product, 2016 - 2024 6.3.3.2
France bearings market by application, 2016 -
2024 6.3.4 Germany
6.3.4.1 Germany bearings market by product, 2016
- 2024 6.3.4.1.1 Germany ball bearings market by
product, 2016 - 2024 6.3.4.1.2 Germany roller
bearings market by product, 2016 - 2024 6.3.4.2
Germany bearings market by application, 2016 -
2024 6.3.5 UK
6.3.5.1 UK bearings market by product, 2016 -
2024 6.3.5.1.1 UK ball bearings market by
product, 2016 - 2024 6.3.5.1.2 UK roller bearings
market by product, 2016 - 2024 6.3.5.2 UK
bearings market by application, 2016 - 2024 6.3.6
Italy
6.3.6.1 Italy bearings market by product, 2016 -
2024 6.3.6.1.1 Italy ball bearings market by
product, 2016 - 2024 6.3.6.1.2 Italy roller
bearings market by product, 2016 - 2024 6.3.6.2
Italy bearings market by application, 2016 -
2024 6.3.7 Eastern Europe
6.3.7.1 Eastern Europe bearings market by
product, 2016 - 2024 6.3.7.1.1 Eastern Europe
ball bearings market by product, 2016 -
2024 6.3.7.1.2 Eastern Europe roller bearings
market by product, 2016 - 2024 6.3.7.2 Eastern
Europe bearings market by application, 2016 -
2024 6.4 Asia Pacific
6.4.1 Asia Pacific bearings market by product,
2016 - 2024 6.4.1.1 Asia Pacific ball bearings
market by product, 2016 - 2024 6.4.1.2 Asia
Pacific roller bearings market by product, 2016 -
2024 6.4.2 Asia Pacific bearings market by
application, 2016 - 2024
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6.4.3 China
6.4.3.1 China bearings market by product, 2016 -
2024 6.4.3.1.1 China ball bearings market by
product, 2016 - 2024 6.4.3.1.2 China roller
bearings market by product, 2016 - 2024 6.4.3.2
China bearings market by application, 2016 -
2024 6.4.4 Japan
6.4.4.1 Japan bearings market by product, 2016 -
2024 6.4.4.1.1 Japan ball bearings market by
product, 2016 - 2024 6.4.4.1.2 Japan roller
bearings market by product, 2016 - 2024 6.4.4.2
Japan bearings market by application, 2016 -
2024 6.4.5 India
6.4.5.1 India bearings market by product, 2016 -
2024 6.4.5.1.1 India ball bearings market by
product, 2016 - 2024 6.4.5.1.2 India roller
bearings market by product, 2016 - 2024 6.4.5.2
India bearings market by application, 2016 -
2024 6.5 Latin America
6.5.1 Latin America bearings market by product,
2016 - 2024 6.5.1.1 Latin America ball bearings
market by product, 2016 - 2024 6.5.1.2 Latin
America roller bearings market by product, 2016 -
2024 6.5.2 Latin America bearings market by
application, 2016 - 2024 6.5.3 Mexico
6.5.3.1 Mexico bearings market by product, 2016 -
2024 6.5.3.1.1 Mexico ball bearings market by
product, 2016 - 2024 6.5.3.1.2 Mexico roller
bearings market by product, 2016 - 2024 6.5.3.2
Mexico bearings market by application, 2016 -
2024 6.5.4 Brazil
6.5.4.1 Brazil bearings market by product, 2016 -
2024 6.5.4.1.1 Brazil ball bearings market by
product, 2016 - 2024 6.5.4.1.2 Brazil roller
bearings market by product, 2016 - 2024 6.5.4.2
Brazil bearings market by application, 2016 -
2024 6.6 MEA
6.6.1 MEA bearings market by product, 2016 -
2024 6.6.1.1 MEA ball bearings market by product,
2016 - 2024 6.6.1.2 MEA roller bearings market by
product, 2016 - 2024 6.6.2 MEA bearings market by
application, 2016 - 2024
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Chapter 7 Competitive Insights 7.1 Brammer PLC
7.2 CU Group Company Limited 7.3 Daido Metal
Company Limited
7.4 Harbin Bearing Manufacturing Co., Ltd. 7.5
HKT Bearings Ltd.
7.6 JTEKT Corporation
7.7 Luoyang LYC Bearing Company Limited 7.8
Minebea Company Limited 7.9 NBI Bearings
Europe 7.10 NSK Global
7.11 NTN Corporation
7.12 RBC Bearings Inc.
7.13 Rexnord Corporation 7.14 Schaeffler Group
7.15 SKF
7.16 The Timken Company
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About Us
Hexa Research is a market research and consulting
organization, offering industry reports, custom
research and consulting services to a host of key
industries across the globe. We offer
comprehensive business intelligence in the form
of industry reports which help our clients obtain
clarity about their business environment and
enable them to undertake strategic growth
initiatives.
Contact Us
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018 United States
Phone 1-800-489-3075 Email sales_at_hexaresearch.c
om Website - https//www.hexaresearch.com/
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