In 2023, Slovakia led European production of non-roller bearing housings at 64.386 million kg, followed by Germany at 36.388 million kg, and France at 15.102 million kg. Notable year-over-year growth occurred in France (11.19%) and the UK (5.81%), while Germany saw a slight decline (-1.28%). Over the last five years, Slovakia demonstrated a consistent upward trend, while Italy showed moderate growth. Croatia and Hungary experienced declines. Forecasted data for 2024 suggests potential stabilization or modest growth in major markets, barring economic disruptions.
Future trends to watch in Europe include:
- Technological advancements in material engineering and production methods.
- Increased demand for eco-friendly materials and processes.
- Shifts in supply chains due to geopolitical factors.
- Rising emphasis on sustainability and reduced carbon footprints in manufacturing.
Top countries in Sold Production of Bearing Housings Not Incorporating Ball or Roller Bearings, Plain Shaft Bearings by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 64,386,000 | 2023 | +3.86% | +3.14% | View data |
| 2 | 2 Germany | 36,388,000 | 2023 | +0.76% | -1.28% | View data |
| 3 | 3 France | 15,102,000 | 2023 | +8.87% | +11.19% | View data |
| 4 | 4 Denmark | 10,144,000 | 2023 | +39.42% | +0.17% | View data |
| 5 | 5 Czechia | 2,862,100 | 2023 | |||
| 6 | 6 Italy | 1,497,600 | 2023 | -3.99% | +2.33% | View data |
| 7 | 7 United Kingdom | 1,235,100 | 2023 | +1.22% | +5.81% | View data |
| 8 | 8 Hungary | 23,820 | 2023 | -7.98% | -3.18% | View data |
| 9 | 9 Croatia | 20,670 | 2023 | -13.02% | -8.93% | View data |
| 10 | 10 Lithuania | 10 | 2023 | +11.11% | View data |