Market Research Logo

Bearings

  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table US BEARING SUPPLY & DEMAND (million dollars)
  • MARKET ENVIRONMENT
    • General
    • Economic Environment
      • Table MACROECONOMIC ENVIRONMENT (billion 2005 dollars)
      • Cyclical Trends
        • Table BEARING MARKET, 2002-2012
      • Long Term Trends
    • Market Dynamics
      • OEM
        • Table MANUFACTURERS' SHIPMENTS BY INDUSTRY (billion dollars)
      • MRO
        • Table NONRESIDENTIAL FIXED INVESTMENT & EQUIPMENT STOCK (billion dollars)
    • Pricing Patterns
      • Table BEARING PRICE DEFLATORS (2005=100)
    • Bearing Materials
      • Steel
      • Other
    • Technology
      • Basic Bearing Technology
      • Recent Technological Developments
      • Competitive Technologies
    • Legal & Regulatory Environment
    • International Environment
      • World Supply & Demand
        • Table WORLD BEARING DEMAND BY REGION (billion dollars)
      • US Foreign Trade
        • Table US FOREIGN TRADE IN BEARINGS (million dollars)
        • Table US BEARINGS IMPORTS BY SOURCE, 2002-2012 (million dollars)
        • Table US BEARINGS EXPORTS BY DESTINATION, 2002-2012 (million dollars)
  • PRODUCTS
    • General
      • Table BEARING SUPPLY & DEMAND (million dollars)
    • Ball Bearings
      • Table BALL BEARING SUPPLY & DEMAND (million dollars)
      • Precision Radial
        • Table PRECISION RADIAL BALL BEARING SUPPLY & DEMAND (million dollars)
      • Nonprecision Radial
        • Table NONPRECISION RADIAL BALL BEARING SUPPLY & DEMAND (million dollars)
      • Thrust & Other
        • Table THRUST & OTHER BALL BEARING SUPPLY & DEMAND (million dollars)
    • Roller Bearings
      • Table ROLLER BEARING SUPPLY & DEMAND (million dollars)
      • Tapered
        • Table TAPERED ROLLER BEARING SUPPLY & DEMAND (million dollars)
      • Other
        • Table OTHER ROLLER BEARING SUPPLY & DEMAND (million dollars)
    • Plain Bearings
      • Table PLAIN BEARING SUPPLY & DEMAND (million dollars)
      • Journal
      • Spherical
      • Thrust & Other
    • Mounted Bearings
      • Table MOUNTED BEARING SUPPLY & DEMAND (million dollars)
      • Ball
      • Roller
      • Plain
    • Bearing Parts
      • Table BEARING PARTS SUPPLY & DEMAND (million dollars)
      • Balls
      • Rollers
      • Other Ball & Roller Bearing Parts
      • Plain Bearing Parts
  • MARKETS
    • General
      • Table BEARING DEMAND BY MARKET & TYPE (million dollars)
    • Original Equipment Manufacturing
      • Table OEM BEARING DEMAND BY MARKET & TYPE (million dollars)
      • Motor Vehicles
        • Table MOTOR VEHICLE PRODUCTION & SHIPMENTS (billion dollars)
        • Table MOTOR VEHICLE BEARING DEMAND (million dollars)
      • Machinery
        • Table MACHINERY SHIPMENTS (billion dollars)
        • Table MACHINERY BEARING DEMAND (million dollars)
      • Aerospace Equipment
        • Table AEROSPACE EQUIPMENT SHIPMENTS (billion dollars)
        • Table AEROSPACE EQUIPMENT BEARING DEMAND (million dollars)
      • Engines, Turbines, &Power Transmission Equipment
        • Table ENGINE, TURBINE, &POWER TRANSMISSION EQUIPMENT SHIPMENTS (billion dollars)
        • Table ENGINE, TURBINE, &POWER TRANSMISSION EQUIPMENT BEARING DEMAND (million dollars)
      • Construction, Mining, &Oilfield Machinery
        • Table CONSTRUCTION, MINING, &OILFIELD EQUIPMENT SHIPMENTS (billion dollars)
        • Table CONSTRUCTION, MINING, &OILFIELD EQUIPMENT BEARING DEMAND (million dollars)
      • Material Handling Equipment
        • Table MATERIAL HANDLING EQUIPMENT SHIPMENTS (billion dollars)
        • Table MATERIAL HANDLING EQUIPMENT BEARING DEMAND (million dollars)
      • Farm & Garden Machinery
        • Table FARM & GARDEN EQUIPMENT SHIPMENTS (billion dollars)
        • Table FARM & GARDEN EQUIPMENT BEARING DEMAND (million dollars)
      • Other OEM Applications
        • Table OTHER OEM BEARING DEMAND (million dollars)
    • Maintenance/Repair/Operations
      • Table MRO BEARING DEMAND BY MARKET & TYPE (million dollars)
      • Industrial MRO
        • Table INDUSTRIAL SECTOR OUTLOOK (billion dollars)
        • Table INDUSTRIAL SECTOR BEARING DEMAND (million dollars)
      • Services MRO
        • Table SERVICE SECTOR OUTLOOK (billion dollars)
        • Table SERVICE SECTOR BEARING DEMAND (million dollars)
      • Government MRO
        • Table GOVERNMENT SPENDING & INVESTMENT (billion dollars)
        • Table GOVERNMENT BEARING DEMAND (million dollars)
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table US BEARING SALES BY SELECTED MANUFACTURERS, 2012 (million dollars)
    • Market Share
    • Product Development & Manufacturing
    • Marketing & Distribution
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Financial Issues
      • Table COMPOSITE FINANCIAL RATIOS: SELECTED BEARING MANUFACTURERS
    • Mergers, Acquisitions, &Industry Restructuring
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Company Profiles
      • ABB Limited
      • Altra Industrial Motion Incorporated
      • American Roller Bearing Company
      • AMSTED Industries Incorporated
      • Bosch (Robert) GmbH
      • C&U Group Company Limited
      • Danaher Corporation
      • Emerson Electric Company
      • EnPro Industries Incorporated
      • Federal-Mogul Corporation
      • Frantz Manufacturing Company
      • GKN plc
      • HHI Group Holdings LLC
      • Iljin Group
      • JTEKT Corporation
      • Kaydon Corporation
      • MAHLE International GmbH
      • Minebea Company Limited
      • Nachi-Fujikoshi Limited
      • NN Incorporated
      • NSK Limited
      • NTN Corporation
      • RBC Bearings Incorporated
      • Regal Beloit Corporation
      • Rexnord Corporation
      • Saint-Gobain
      • Schaeffler Group
      • SKF AB
      • THK Company Limited
      • ThyssenKrupp AG
      • Timken Company
      • Tsubaki Nakashima Company Limited
      • Wafangdian Bearing Group Corporation

Bearings

US demand to rise 4.4% annually through 2017
Ball, roller, and plain bearing demand in the US is forecast to increase 4.4 percent per year to $12.9 billion in 2017. This will be a notable improvement from the growth registered during the 2007 to 2012 period. Market advances will be supported by improved conditions in motor vehicle manufacturing, the largest market for bearings. The trend toward “insourcing” US durable goods manufacturing will create opportunities in a variety of markets.

Engine, turbine & power transmission market to grow the fastest
The engine, turbine, and power transmission equipment market will experience the fastest growth, bolstered by continued growth in the wind energy segment. The automotive market will not be far behind, outpacing overall bearing demand gains. Bearing manufacturers will benefit from particularly strong growth in heavy truck and bus production, as these vehicles utilize more bearings (both in unit and dollar terms) than passenger cars.

Roller bearings to offer best growth opportunities
Roller bearing demand is expected to continue to outpace other product types, supported by sales of higher value, technologically advanced bearings. Roller bearings will continue to be the largest product segment, comprising over 40 percent of demand in 2017.

OEM bearing applications to outpace MRO uses
Demand for bearings in OEM applications will outpace the industry average, due to ongoing growth in US durable goods output. Many durable goods manufacturers are building or upgrading production facilities in the US, boosting demand for components such as bearings. Increased production of machinery will stimulate gains, since these industries are heavy users of more advanced, high value bearing products.

Bearing shipments from US plants to track demand
Bearing shipments from US plants are forecast to increase 4.3 percent annually to $12 billion in 2017, approximating demand growth. Industry output will be stimulated by growth in several key domestic bearing-using industries (e.g., motor vehicles, machinery) and by rising demand in a number of export markets. However, intense competition from bearing suppliers in lower cost countries is expected to hold back price increases. Both imports and exports will post steady gains through 2017, and the US will remain a net importer.


Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report

;