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Global Roller Bearings Market 2017-2021

About Roller Bearings

Roller bearings are a type of antifriction bearings. Roller bearings are similar to ball bearings; however, roller bearings, unlike the balls in ball bearings, use cylindrical rollers. Roller bearings have higher radial load capacity than ball bearings. Bearings are machine elements that reduce energy loss caused by friction in the rotary motion parts of a broad range of equipment and machinery. There are several types of bearings, such as ball bearings, roller bearings, and plain bearings. Technological advances and the growing need to address energy efficiency in many applications result in the continuous improvement of bearing designs. The prospects for the growth of the bearings market is, therefore, closely linked to the growth in the production of high-performance industrial equipment and machinery. Economic growth, increase in manufacturing, construction activities, energy demand, and rising personal income levels are the main factors leading to the expansion of durable goods production and bearing-reliant applications.

Technavio’s analysts forecast the global roller bearings market to grow at a CAGR of 4.33% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global roller bearings market for 2017-2021. The market size is calculated based on the demand for the roller bearings. The market has been segmented based on end-user and geography.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Roller Bearings 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
  • NSK
  • NTN Bearing
  • Schaeffler
  • SKF
  • Timken
Other prominent vendors
  • Brammer
  • C&U
  • HKT
  • HRB
  • Minebea
  • NBI Bearings
  • RCB bearings
  • Rexnord
Market driver
  • Rise in offshore installation
  • For a full, detailed list, view our report
Market challenge
  • Cartelization and competition
  • For a full, detailed list, view our report
Market trend
  • Increase in size of rotor diameter
  • 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 Roller Bearings Market 2017-2021

Technavio recognizes the following companies as the key players in the global roller bearings market: NSK, NTN Bearing, Schaeffler, SKF, and Timken.

Other Prominent Vendors in the market are: Brammer, C&U, HKT, HRB, Minebea, NBI Bearings, RCB bearing, and Rexnord.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increase in size of rotor diameter. Unlike conventional power plants, wind energy generation is highly dependent on the meteorological conditions, especially wind speed. The maximum energy that can be harnessed by wind turbines is roughly proportionate to the swept area of the rotor. Technological advances and blade designs are the main factors leading to the increase in wind turbine output and capacity. By doubling the rotor size or diameter, the power output increases by a factor of four.”

According to the report, one of the major drivers for this market is rise in offshore installation. Offshore wind energy has been present in small numbers. Countries worldwide are beginning to invest in installing offshore wind farms. Though the technology presents some inherent difficulties such as the higher cost of installation, complex and costly maintenance operations, many governments have committed themselves to installing more offshore wind power.

Further, the report states that one of the major factors hindering the growth of this market is cartelization and competition. Competition in the bearing industry, especially ball and roller bearings, has intensified on a global level, and the pace of change in the business environment has accelerated. To restrict the entry of new competitors and maintain market dominance, key players are colluding and fixing the prices of bearings.



Companies Mentioned

NSK, NTN Bearing, Schaeffler, SKF, and Timken, Brammer, C&U, HKT, HRB, MinebeaMitsumi, NBI Bearings, RCB bearing, and Rexnord.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Global ball bearings market 2016
      • Table Automotive sector (2015 S1-2016 S2) and (2015-Q2 - 2016-Q2)
      • Table Global roller bearings market by end-users 2016-2021
  • Market landscape
    • Table Global roller bearings market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Global roller bearings market by end-users 2016-2021 ($ billions)
    • Automotive
      • Table Global roller bearings market by automotive sector 2016-2021 ($ billions)
    • General engineering
      • Table Global roller bearings market by general engineering 2016-2021 ($ billions)
      • Table Global machine tools market 2017-2021 (%)
    • Heavy industry
      • Table Global roller bearings market by heavy industry 2016-2021 ($ billions)
    • Aerospace and railways
      • Table Global roller bearings market by aerospace and railways 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global roller bearings market by geography 2016 and 2021 ($ billions)
    • APAC
      • Table Roller bearings market in APAC 2016-2021 ($ billions)
    • EMEA
      • Table Roller bearings market in EMEA 2016-2021 ($ billions)
    • Americas
      • Table Roller bearings market in Americas 2016-2021 ($ billions)
      • Table US automotive industry production 2015-Q2-2016-Q2 (%)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global offshore wind installation capacity addition 2010-2015 (%)
      • Table Global passenger cars sales 2013 S1-2016 S1 (%)
      • Table Rotating equipment market (excluding agitators) by region 2016-2021 ($ billions)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Global GDP growth 2009-2016 (annual %)
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Increase in size of rotor diameter
      • Table Impact of rotor diameter, turbine size and hub height on annual production of wind energy
    • Growing EV sales
      • Table Global EV sales outlook 2011-2020 (million units)
  • Vendor landscape
    • Geographic presence
      • Table Key geographic regions and presence of key vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • NSK
      • Table NSK: Product portfolio
    • NTN Bearing
      • Table NTN Bearing: Products portfolio
    • Schaeffler
      • Table Schaeffler: Product portfolio
      • Table Schaeffler: Bearing product portfolio
    • SKF
      • Table SKF: Product portfolio
    • Timken
      • Table Timken: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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