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Bearings Market Analysis By Product (Ball Bearings, Roller Bearings), By Application (Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace) And Segment Forecasts To 2020

Bearings Market Analysis By Product (Ball Bearings, Roller Bearings), By Application (Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace) And Segment Forecasts To 2020

The global bearings market is expected to reach USD 117.27 billion by 2020. Growing need to address energy efficiency in several application areas is expected to drive the bearings market. Technological advancements along with investments in R&D activities are also expected to drive market demand over the forecast period. Development of seal technologies, light weight elements in high performance bearings and lubrication technologies offer several market growth opportunities. The aforementioned technologies exhibit high energy efficiency characteristics. Bearings help reduce energy consumption by reducing friction between several mechanical components in a wide range of industrial equipments and machinery. For example, the new E2 bearings developed by SKF are reported to help reduce friction significantly.

Increasing bearings demand across railway and aerospace applications offer significant avenues for market growth. Surging demand for bearings and other precision components used in aircraft engines is also expected to favorably impact market growth over the next few years. Innovative material technologies and high bearing performance play an important role in aero-engine bearing developments.

Further key findings from the study suggest:

Ball bearings are expected to emerge as a high growth segment over the next few years as it exhibits the capability to reduce friction owing to smaller surface contact. Furthermore, ball bearings can be used with thrust as well as radial loading owing to their ability to spin smoothly. Deep groove bearings are simple in design, non-separable and need low maintenance owing to which the segment is expected to witness considerable growth over the next few years.

Growing demand for auto components and automobiles is expected to fuel market demand over the forecast period. The railway & aerospace sector is also expected to witness rapid growth over the next six years. Rise in the number of commuters using public transportation is expected to be the key market driver. Further, availability of improved ways to assist local as well as worldwide transportation systems also provide opportunities for market growth.

Asia Pacific emerged as the dominant regional market in 2013; infrastructure development and rapid industrialization are expected to drive the regional market growth over the forecast period.

Key market players include NTN Corporation, Schaeffler Group, SKF, NSK Global, Timken and JTEKT. Manufacturers focus on providing specialized bearings often tailored to customer specification or application requirements. The process of product development relies heavily on the end-market.

For the purpose of this study, Grand View Research has segmented the global bearings market on the basis of product, application and region:

Bearings Product Outlook (Revenue, USD Million, 2012 – 2020)

Ball bearings

Roller bearings

Others

Bearings Application Outlook (Revenue, USD Million, 2012 – 2020)

Automotive

Agriculture

Electrical

Mining & Construction

Railway & Aerospace

Others

Bearings Regional Outlook (Revenue, USD Million, 2012 – 2020)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa


Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Bearings - Industry Summary and Critical Success Factors (CSFs)
Chapter 3. Bearings Industry Outlook
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. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.5. Key Opportunities Prioritized
3.6. Industry Analysis - Porter's
3.7. Bearings - Company market share analysis, 2013
3.8. Bearings PESTEL Analysis, 2013
Chapter 4. Bearings Product Outlook
4.1. Ball Bearings
4.1.1. Global market estimates and forecasts, 2012 - 2020
4.1.2. Deep Groove Bearings (DGB)
4.1.2.1. Global market estimates and forecasts, 2012 - 2020
4.2. Roller Bearings
4.2.1. Global market estimates and forecasts, 2012 - 2020
4.2.2. Split Roller Bearings (SRB)
4.2.2.1. Global market estimates and forecasts, 2012 - 2020
4.2.3. Tapered Roller Bearings
4.2.3.1. Global market estimates and forecasts, 2012 - 2020
4.3. Others
4.3.1. Global market estimates and forecasts, 2012 - 2020
Chapter 5. Bearings Application Outlook
5.1. Automotive
5.1.1. Global market estimates and forecasts, 2012 - 2020
5.2. Agriculture
5.2.1. Global market estimates and forecasts, 2012 - 2020
5.3. Electrical
5.3.1. Global market estimates and forecasts, 2012 - 2020
5.4. Mining & Construction
5.4.1. Global market estimates and forecasts, 2012 - 2020
5.5. Railway & Aerospace
5.5.1. Global market estimates and forecasts, 2012 - 2020
5.6. Others
5.6.1. Global market estimates and forecasts, 2012 - 2020
Chapter 6. Automotive Relays Regional Outlook
6.1. North America
6.1.1. Bearings market by product, 2012 - 2020
6.1.2. Bearings market by application, 2012 - 2020
6.1.3. U.S.
6.1.3.1. Bearings market by product, 2012 - 2020
6.1.3.2. Bearings market by application, 2012 - 2020
6.1.4. Canada
6.1.4.1. Bearings market by product, 2012 - 2020
6.1.4.2. Bearings market by application, 2012 - 2020
6.2. Europe
6.2.1. Bearings market by product, 2012 - 2020
6.2.2. Bearings market by application, 2012 - 2020
6.2.3. Germany
6.2.3.1. Bearings market by product, 2012 - 2020
6.2.3.2. Bearings market by application, 2012 - 2020
6.2.4. UK
6.2.4.1. Bearings market by product, 2012 - 2020
6.2.4.2. Bearings market by application, 2012 - 2020
6.2.5. Italy
6.2.5.1. Bearings market by product, 2012 - 2020
6.2.5.2. Bearings market by application, 2012 - 2020
6.2.6. Eastern Europe
6.2.6.1. Bearings market by product, 2012 - 2020
6.2.6.2. Bearings market by application, 2012 - 2020
6.3. Asia Pacific
6.3.1. Bearings market by product, 2012 - 2020
6.3.1.1. Bearings market by application, 2012 - 2020
6.3.2. China
6.3.2.1. Bearings market by product, 2012 - 2020
6.3.2.2. Bearings market by application, 2012 - 2020
6.3.3. India
6.3.3.1. Bearings market by product, 2012 - 2020
6.3.3.2. Bearings market by application, 2012 - 2020
6.3.4. Japan
6.3.4.1. Bearings market by product, 2012 - 2020
6.3.4.2. Bearings market by application, 2012 - 2020
6.4. Latin America
6.4.1. Bearings market by product, 2012 - 2020
6.4.2. Bearings market by application, 2012 - 2020
6.4.3. Mexico
6.4.3.1. Bearings market by product, 2012 - 2020
6.4.3.2. Bearings market by application, 2012 - 2020
6.4.4. Brazil
6.4.4.1. Bearings market by product, 2012 - 2020
6.4.4.2. Bearings market by application, 2012 - 2020
6.5. MEA
6.5.1. Bearings market by product, 2012 - 2020
6.5.2. Bearings market by application, 2012 - 2020
Chapter 7. Competitive Landscape
7.1. Brammer PLC
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Product Benchmarking
7.1.4 Strategic Initiatives
7.2. C&U Group Company Limited
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Product Benchmarking
7.2.4 Strategic Initiatives
7.3. Daido Metal Company Limited
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Product Benchmarking
7.3.4 Strategic Initiatives
7.4. Harbin Bearing Manufacturing Co., Ltd.
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.4.4 Strategic Initiatives
7.5 HKT Bearings Ltd.
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.5.4 Strategic Initiatives
7.6. JTEKT Corporation
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.6.4 Strategic Initiatives
7.7. Luoyang LYC Bearing Company Limited
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product Benchmarking
7.7.4 Strategic Initiatives
7.8. Minebea Company Limited
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.8.4 Strategic Initiatives
7.9. NBI Bearings Europe, S.A.
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.9.4 Strategic Initiatives
7.10. NSK Global
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Product Benchmarking
7.10.4 Strategic Initiatives
7.11. NTN Corporation
7.11.1 Company Overview
7.11.2 Financial Performance
7.11.3 Product Benchmarking
7.11.4 Strategic Initiatives
7.12. RBC Bearings Inc.
7.12.1 Company Overview
7.12.2 Financial Performance
7.12.3 Product Benchmarking
7.12.4 Strategic Initiatives
7.13. Rexnord Corporation
7.13.1 Company Overview
7.13.2 Financial Performance
7.13.3 Product Benchmarking
7.13.4 Strategic Initiatives
7.14. Schaeffler Group
7.14.1 Company Overview
7.14.2 Financial Performance
7.14.3 Product Benchmarking
7.14.4 Strategic Initiatives
7.15. SKF Group
7.15.1 Company Overview
7.15.2 Financial Performance
7.15.3 Product Benchmarking
7.15.4 Strategic Initiatives
7.16. The Timken Company
7.16.1 Company Overview
7.16.2 Financial Performance
7.16.3 Product Benchmarking
7.16.4 Strategic Initiatives
List of Tables
1. Bearings - Industry Summary & Critical Success Factors (CSFs)
2. Global bearings market 2012 - 2020 (USD Million)
3. Global bearings market by region 2012 - 2020 (USD Million)
4. Global bearings market by product 2012 - 2020 (USD Million)
5. Global bearings market by application 2012 - 2020 (USD Million)
6. Global ball bearings demand, (USD Million), 2012-2020
7. Global ball bearings demand, by region, (USD Million), 2012-2020
8. Global roller bearings demand, (USD Million), 2012-2020
9. Global roller bearings demand, by region, (USD Million), 2012-2020
10. Global other bearings demand, (USD Million), 2012-2020
11. Global other bearings demand, by region, (USD Million), 2012-2020
12. Global demand in automotive, (USD Million), 2012-2020
13. Global demand in automotive, by region, (USD Million), 2012-2020
14. Global demand in agriculture, (USD Million), 2012-2020
15. Global demand in agriculture, by region, (USD Million), 2012-2020
16. Global demand in electrical, (USD Million), 2012-2020
17. Global demand in electrical, by region, (USD Million), 2012-2020
18. Global demand in mining & construction, (USD Million), 2012-2020
19. Global demand in mining & construction, by region, (USD Million), 2012-2020
20. Global demand in railway & aerospace, (USD Million), 2012-2020
21. Global demand in railway & aerospace, by region, (USD Million), 2012-2020
22. Global demand in other applications, (USD Million), 2012-2020
23. Global demand in other applications, by region, (USD Million), 2012-2020
24. North America bearings market by product, 2012 - 2020 (USD Million)
25. North America bearings market by application, 2012 - 2020 (USD Million)
26. U.S. bearings market by product, 2012 - 2020 (USD Million)
27. U.S. bearings market by application, 2012 - 2020 (USD Million)
28. Europe bearings market by product, 2012 - 2020 (USD Million)
29. Europe bearings market by application, 2012 - 2020 (USD Million)
30. France bearings market by product, 2012 - 2020 (USD Million)
31. France bearings market by application, 2012 - 2020 (USD Million)
32. Germany bearings market by product, 2012 - 2020 (USD Million)
33. Germany bearings market by application, 2012 - 2020 (USD Million)
34. UK bearings market by product, 2012 - 2020 (USD Million)
35. UK bearings market by application, 2012 - 2020 (USD Million)
36. Italy bearings market by product, 2012 - 2020 (USD Million)
37. Italy bearings market by application, 2012 - 2020 (USD Million)
38. Eastern Europe bearings market by product, 2012 - 2020 (USD Million)
39. Easter Europe bearings market by application, 2012 - 2020 (USD Million)
40. Asia Pacific Bearings market by product, 2012 - 2020 (USD Million)
41. Asia Pacific Bearings market by application, 2012 - 2020 (USD Million)
42. China bearings market by product, 2012 - 2020 (USD Million)
43. China bearings market by application, 2012 - 2020 (USD Million)
44. India bearings market by product, 2012 - 2020 (USD Million)
45. India bearings market by application, 2012 - 2020 (USD Million)
46. Japan bearings market by product, 2012 - 2020 (USD Million)
47. Japan bearings market by application, 2012 - 2020 (USD Million)
48. Latin America bearings market by product, 2012 - 2020 (USD Million)
49. Latin America bearings market by application, 2012 - 2020 (USD Million)
50. Brazil bearings market by product, 2012 - 2020 (USD Million)
51. Brazil bearings market by application, 2012 - 2020 (USD Million)
52. Mexico bearings market by product, 2012 - 2020 (USD Million)
53. Mexico bearings market by application, 2012 - 2020 (USD Million)
54. MEA bearings market by product, 2012 - 2020 (USD Million)
55. MEA bearings market by application, 2012 - 2020 (USD Million)
List of Figures
1. Bearings Market Segmentation
2. Global bearings market (USD Million), 2012 – 2020
3. Bearings value chain analysis
4. Bearings market dynamics
5. Bearings - Key company analysis, 2013
6. Key Opportunities Prioritized
7. Industry Analysis - Porter's
8. Bearings company market share analysis, 2013
9. Bearings PESTEL Analysis, 2013
10. Bearings market share by product, 2013 & 2020
11. Global ball bearings demand, (USD Million), 2012-2020
12. Global roller bearings demand, (USD Million), 2012-2020
13. Global other bearings demand, (USD Million), 2012-2020
14. Bearings market share by application, 2013 & 2020
15. Global demand in automotive, (USD Million), 2012-2020
16. Global demand in agriculture, (USD Million), 2012-2020
17. Global demand in electrical, (USD Million), 2012-2020
18. Global demand in mining & construction, (USD Million), 2012-2020
19. Global demand in railway & aerospace, (USD Million), 2012-2020
20. Global demand in other applications, (USD Million), 2012-2020
21. Bearings market share by region, 2013 & 2020
22. North America bearings market by product (USD Million), 2012 – 2020
23. North America bearings market by application (USD Million), 2012 – 2020
24. U.S. bearings market by product (USD Million), 2012 – 2020
25. U.S. bearings market by application (USD Million), 2012 – 2020
26. Europe bearings market by product (USD Million), 2012 – 2020
27. Europe bearings market by application (USD Million), 2012 – 2020
28. France bearings market by product (USD Million), 2012 – 2020
29. France bearings market by application (USD Million), 2012 – 2020
30. Germany bearings market by product (USD Million), 2012 – 2020
31. Germany bearings market by application (USD Million), 2012 – 2020
32. UK bearings market by product (USD Million), 2012 – 2020
33. UK bearings market by application (USD Million), 2012 – 2020
34. Italy bearings market by product (USD Million), 2012 – 2020
35. Italy bearings market by application (USD Million), 2012 – 2020
36. Eastern Europe bearings market by product (USD Million), 2012 – 2020
37. Eastern Europe bearings market by application (USD Million), 2012 – 2020
38. Asia Pacific Bearings market by product (USD Million), 2012 – 2020
39. Asia Pacific Bearings market by application (USD Million), 2012 – 2020
40. China bearings market by product (USD Million), 2012 – 2020
41. China bearings market by application (USD Million), 2012 – 2020
42. India bearings market by product (USD Million), 2012 – 2020
43. India bearings market by application (USD Million), 2012 – 2020
44. Japan bearings market by product (USD Million), 2012 – 2020
45. Japan bearings market by application (USD Million), 2012 – 2020
46. Latin America bearings market by product (USD Million), 2012 – 2020
47. Latin America bearings market by application (USD Million), 2012 – 2020
48. Brazil bearings market by product (USD Million), 2012 – 2020
49. Brazil bearings market by application (USD Million), 2012 – 2020
50. Mexico bearings market by product (USD Million), 2012 – 2020
51. Mexico bearings market by application (USD Million), 2012 – 2020
52. MEA bearings market by product (USD Million), 2012 – 2020
53. MEA bearings market by application (USD Million), 2012 – 2020

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