1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends

Bearings for Mechanical and Electrical Products Market: By Type (Ball, Plain, Roller, Fluid and Others), By Motion (Axial, Spherical, Linear, Hinge and Others), By Load (Radial and Axial), By Application and By Geography - Forecast (2015-2020)

  • October 2014
  • 160 pages
  • Industry ARC
Report ID: 3493144

Summary

Table of Contents

Bearings are basically mechanical components which helps certain mechanical parts rotate easily with low friction. Bearings can be classified into ball bearings, plain bearings, roller bearings, fluid bearings, magnetic bearings, jewel bearings and flexure bearings. Out of these, roller bearings and balls bearings are the major product segments accounting for more than 60% of the market size. These bearings are used in different applications such as, oil & gas industry, aerospace, mining industry, power generation, food processing, agriculture, commercial applications and automotive industry. Automotive industry which includes both two and four wheeler is the major end user for roller bearings.

Rolling bearings consist of rings with inner ring and outer ring, rolling balls and cage. The cage separates the rolling elements at regular intervals, holds them in place and allows them to rotate freely. Rolling bearing can be classified as ball and roller bearings, where ball bearings are in point contact with raceway and roller bearings are in linear contact with the raceway. Ball bearings are used in high speed applications. With respect to load the complete ecosystem of bearings can be classified into two types, such as radial and axial. Along with the above classifications, the report also analyzes the market by motion of the bearing such as axial rotation, spherical rotation, linear motion, hinge motion and others.

As of 2013, the roller bearings market was around $45 billion and is expected to grow at a CAGR of 8% from 2014 to 2020. The global bearings market is expected to reach $120 billion by 2020 with a CAGR of 7.1% from 2014.

The emerging demand for bearings in automotive, aerospace and railway industries is the major driving factor of the market. The increasing year on year automotive sales will have direct impact on the future market of bearings as they play vital role in either two or four wheeler vehicles. Aerospace as of now is the smallest market but is expected to grow at a high CAGR in the next 5 years.

By geography the market has been classified into Americas, APAC, Europe and RoW and is further analyzed by major countries in each region. Competitive landscape for industry and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2013 are provided.

Few of the companies that are profiled in this report include:
Schaeffler Group,
Timken,
NSK,
NTN,
SKF Limited
JTEKT.

Please note: this report requires certain updates. We have all the information available but require 2 business days to complete the process and ensure it is as up-to-date as possible.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Amrita helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

World Machine Tool Market to 2021 - Market Size, Development, and Forecasts

  • $ 23129
  • Industry report
  • May 2017
  • by Global Research & Data Services

The report package World Machine Tool Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for machine tools ...

World Welding Machinery Market to 2021 - Market Size, Development, and Forecasts

  • $ 23129
  • Industry report
  • May 2017
  • by Global Research & Data Services

The report package World Welding Machinery Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for welding ...

Asia-Pacific Industrial Control Systems Security Market, Forecast to 2020

  • $ 15000
  • Industry report
  • March 2017
  • by Frost & Sullivan

Growth Opportunities to Secure the Digital Transformation Journey of Critical Infrastructures The Asia-Pacific Industrial Control Systems (ICS) Security market with estimated revenue of $380.4 million ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.