Ball Bearing Manufacturing in the US
The Ball Bearing Manufacturing industry's performance depends on developments in the transport and manufacturing markets, as well as on export markets that generate a large share of revenue. The industry is also influenced by metal prices, as they influence selling prices. Over the five years to 2017, slowly growing exports and relatively low metal prices have limited revenue growth. Persistent demand for roller and ball bearings promises to buoy industry revenue over the five years to 2022. In addition, slowly recovering metal prices will help operators raise their selling prices. Nonetheless, growth is likely to remain moderate because of heightened import competition.
Operators in this industry manufacture ball bearings and roller bearings for use in transportation and industrial equipment manufacturing. Major markets include the transportation, defense, space and energy sectors. Operators do not manufacture plain (nonball and nonroller) bearings.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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