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Global Anti-Friction Bearing Market 2017-2021

Global Anti-Friction Bearing Market 2017-2021

About Anti-friction Bearing

Anti-friction bearings are used automotive, aerospace, and heavy machinery and equipment industries. The competitive landscape of the market has intensified because of the presence of many local, regional, and international vendors. The increase in demand from major end-users such as heavy industry, general engineering, and automotive will propel the demand for anti-friction bearings globally.

Technavio’s analysts forecast the global anti-friction bearing market to grow at a CAGR of 4.16% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global anti-friction bearing market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of anti-friction bearing.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Anti-Friction Bearing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • JTEK
  • NSK
  • NTN
  • Schaeffler
  • SKF
  • Timken
Other prominent vendors
  • AST Bearings
  • Harbin Bearing Manufacturing
  • HKT
  • igus
  • MinebeaMitsumi
  • NBI Bearings
  • RBC Bearings
  • Rexnord Corporation
Market driver
  • Growing demand for commercial aircraft
  • For a full, detailed list, view our report
Market challenge
  • Cartelization and heavy competition
  • For a full, detailed list, view our report
Market trend
  • Growing demand for hybrid and ceramic bearings
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Anti-friction Bearing Market 2017-2021

Technavio recognizes the following companies as the key players in the global anti-friction bearing market: Technavio Announces the Publication of its Research Report – Global Anti-friction Bearing Market 2017-2021

Technavio recognizes the following companies as the key players in the global anti-friction bearing market: Beiersdorf, L’Oréal, Procter & Gamble (P&G), Shiseido, and Unilever

Other Prominent Vendors in the market are: AST Bearings, Harbin Bearing Manufacturing, HKT, igus, MinebeaMitsumi, NBI Bearings, RBC Bearings, and Rexnord

Commenting on the report, an analyst from Technavio’s team said: “Traditionally, bearings were manufactured with chrome steel that limited the applications only where severe environmental conditions persisted such as high or low temperature. However, the latest advances in technologies have improved the bearing material development, which ensures that bearings can work in grueling applications as well. The new bearings can deal with reduced lubrication and high loads and speeds.”

According to the report, the growing demand for commercial aircraft is expected to drive the global anti-friction bearings market. Over the past 25 years, the aviation sector has been experiencing a recession, aviation fuel price shocks, and security threats. However, the global air traffic has been growing at 5.5% annually. The increase in global air traffic has created more demand for commercial aircraft worldwide. Airbus and Boeing are the largest manufacturers of aircraft globally. In 2016, Airbus experienced an increase of 8% in aircraft deliveries compared with its company forecast. In 2015, the company opened its first US manufacturing facility to tap the market potential. In 2016, Boeing opened a new facility worth $1 billion in Washington to produce wings for its newest jetliner, the 777X.

Further, the report states that the growing demand for commercial aircraft is expected to drive the global anti-friction bearings market. Over the past 25 years, the aviation sector has been experiencing a recession, aviation fuel price shocks, and security threats. However, the global air traffic has been growing at 5.5% annually. The increase in global air traffic has created more demand for commercial aircraft worldwide. Airbus and Boeing are the largest manufacturers of aircraft globally. In 2016, Airbus experienced an increase of 8% in aircraft deliveries compared with its company forecast. In 2015, the company opened its first US manufacturing facility to tap the market potential. In 2016, Boeing opened a new facility worth $1 billion in Washington to produce wings for its newest jetliner, the 777X.

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Companies Mentioned

Beiersdorf, L’Oréal, Procter & Gamble (P&G), Shiseido, Unilever, AST Bearings, Harbin Bearing Manufacturing, HKT, igus, MinebeaMitsumi, NBI Bearings, RBC Bearings, and Rexnord

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Market share of end-users 2016 (%)
  • Market landscape
    • Market overview
      • Table Market overview
    • Market size and forecast
      • Table Global anti-friction bearing market 2016-2021 ($ billions)
      • Table Bearings used in wind turbine
      • Table Global wind turbine bearing market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global anti-friction bearing market-product segmentation 2016 and 2021
    • Global ball bearings market
      • Table Global ball bearings market 2016-2021 ($ billions)
    • Global roller bearing market
      • Table Global roller bearing market 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global anti-friction bearing market: Geographic segmentation 2016 and 2021
    • Anti-friction bearing market in APAC
      • Table Anti-friction bearing market in APAC 2016-2021 ($ billions)
      • Table Major investment by governments in emerging nations in APAC during forecast period
    • Anti-friction bearing market in EMEA
      • Table Anti-friction bearing market in EMEA 2016-2021 ($ billions)
      • Table Growth rate of production of motor vehicles in Europe 2011-2015
      • Table Country share in Europe for producing motor vehicles Q2-2015 and Q2-2016
    • Anti-friction bearing market in Americas
      • Table Anti-friction bearing market in Americas 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table In-service aircraft reaching 25 years of service life (units)
      • Table Six potential high-speed rail corridors in India
      • Table Countries with renewable targets and policies 2015
      • Table Global installed wind power capacity in 2015 (%)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table China GDP annual growth rate 2008-2015 (%)
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Growing demand for hybrid and ceramic bearings
      • Table Benefits of ceramic ball bearing
      • Table Benefits of hybrid bearing
    • Projected growth in construction sector in emerging economies
      • Table Average construction spending in APAC 2015
      • Table Nuclear reactors planned and under construction for 10 countries as of January 2017
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • JTEK Corporation
      • Table JTEKT Corporation: Products offered
      • Table JTEKT Corporation: Bearing products
    • NSK
      • Table NSK: Bearing products
    • NTN
      • Table NTN: Products offered
    • Schaeffler
      • Table Schaeffler product offerings
      • Table Schaeffler: Anti-friction bearing products
    • SKF
      • Table SKF: Product offerings
    • Timken
      • Table Timken company: Bearing products
  • Appendix
    • List of abbreviations
  • Explore Technavio

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