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Bearings in Europe

Publisher GlobalData
Published Mar 06, 2025
Length 46 Pages
SKU # GBDT20028574

Description

Bearings in Europe

Summary

Bearings in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Bearings are mechanical elements that reduce friction between moving elements and limit relative motion to desired motion. There are three main types of bearings: ball bearings, roller bearings, and other bearings. Other bearing types include slewing bearings, thrust ball bearings, sleeve bearings, and specialty bearings.
  • The European bearings market recorded revenues of $23.7 billion in 2024, representing a compound annual growth rate (CAGR) of 5.6% between 2019 and 2024.
  • The automotive segment accounted for the market's largest proportion in 2024, with total revenues of $8.2 billion, equivalent to 34.5% of the market's overall value.
  • Germany currently dominates the European bearings market and will likely continue to dominate during the forecast period. This is a result of the growing need for bearing products in the food and beverage, construction, and automotive industries.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the bearings market in Europe
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bearings market in Europe
  • Leading company profiles reveal details of key bearings market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Europe bearings market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Europe bearings market by value in 2024?
  • What will be the size of the Europe bearings market in 2029?
  • What factors are affecting the strength of competition in the Europe bearings market?
  • How has the market performed over the last five years?
  • How large is Europe’s bearings market in relation to its regional counterparts?

Table of Contents

46 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths and strategies of the leading players?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. NTN Corp
8.2. NSK Corp
8.3. AB SKF
8.4. Schaeffler AG
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Tables
Table 1: Europe bearings market value: $ million, 2019–24
Table 2: Europe bearings market category segmentation: % share, by value, 2019–24
Table 3: Europe bearings market category segmentation: $ million, 2019-24
Table 4: Europe bearings market geography segmentation: $ million, 2024
Table 5: Europe bearings market value forecast: $ million, 2024–29
Table 6: NTN Corp: Key Facts
Table 7: NTN Corp: annual financial ratios
Table 8: NTN Corp: key employees
Table 9: NSK Corp: Key Facts
Table 10: NSK Corp: key employees
Table 11: AB SKF: Key Facts
Table 12: AB SKF: annual financial ratios
Table 13: AB SKF: key employees
Table 14: Schaeffler AG: Key Facts
Table 15: Schaeffler AG: annual financial ratios
Table 16: Schaeffler AG: key employees
Table 17: Schaeffler AG: key employees Continued
Table 18: Europe Size of Population (Million), 2020–24
Table 19: Europe Real GDP (Constant 2010 Prices, $ Billion), 2020–24
Table 20: Europe GDP (Current Prices, $ Billion), 2020–24
Table 21: Europe Inflation, 2020–24
Table 22: Europe Consumer Price Index (Absolute), 2020–24
Table 23: Europe Exchange Rate, 2019–24
List of Figures
Figure 1: Europe bearings market value: $ million, 2019–24
Figure 2: Europe bearings market category segmentation: $ million, 2019-24
Figure 3: Europe bearings market geography segmentation: % share, by value, 2024
Figure 4: Europe bearings market value forecast: $ million, 2024–29
Figure 5: Forces driving competition in the bearings market in Europe, 2024
Figure 6: Drivers of buyer power in the bearings market in Europe, 2024
Figure 7: Drivers of supplier power in the bearings market in Europe, 2024
Figure 8: Factors influencing the likelihood of new entrants in the bearings market in Europe, 2024
Figure 9: Factors influencing the threat of substitutes in the bearings market in Europe, 2024
Figure 10: Drivers of degree of rivalry in the bearings market in Europe, 2024

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