Bearing & Gear Manufacturing in the UK - Industry Market Research Report

Bearing & Gear Manufacturing in the UK

Bearing and gear manufacturing companies produce a wide range of bearings, gearboxes, clutches and transmission shafts. Despite being artificially inflated by re-exports and intermediate imported goods, international trade is crucial to the industry. The UK bearing and manufacturing industry is small compared to the global industrial gears and bearing systems market. High import penetration has resulted in pricing pressure and foreign producers' quality and cost advantages have siphoned market share away from UK-bearing and gear manufacturers operating in the global market, like NSK Europe Ltd.

Companies in the industry manufacture ball and roller bearings, mechanical power transmission chains, clutches, flywheels, pulleys, gears and gearboxes and the relevant parts. Manufacturers do not assemble power transmission equipment used in vehicles or aircraft. Manufacturing hydraulic transmission equipment and electromagnetic clutches are also not industry related.

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.