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Global Self-lubricating Bearings Market 2015-2019

Global Self-lubricating Bearings Market 2015-2019

Market outlook of the global self-lubricating bearings market

Self-lubricating bearings are modern devices, which are created to cater to the growing need for energy efficiency and functionality of various equipment used in manufacturing processes. Tremendous progression in the bearing lubrication technology has led to the growth of self-lubricating plain bearings that are lightweight and incur low maintenance cost, enabling end-users to optimize the productivity of various bearing-based applications competently and cost-effectively.

The global self-lubricating bearings market is expected to grow significantly during the forecast period, posting a CAGR of more than 9%. This growth is attributed to factors such as global economic growth, increased manufacturing and construction activities, rising energy demand, and income levels. Advances in technology coupled with the need for energy-efficient and high-performance bearings in industrial equipment and machinery will further assist in the growth of the self-lubricating bearings market.

Segmentation of the self-lubricating bearings market by end-user

Automotive

Heavy industrial machinery

General engineering

Aerospace

The automotive industry holds the largest market share with over 37% and is one of the key end-users of bearings, as all the vehicles require a wide range of application-specific bearings. The main factors contributing to the growth of the automotive industry are favorable government regulations, steady economic growth, and infrastructure development in APAC, Europe, North America, and Latin America.

Geographical segmentation of the self-lubricating bearings market

APAC

EMEA

Americas

APAC leads the self-lubricating bearings market with nearly 50% market share. The high tax imposition on completely built units and completely knocked down units has compelled global manufacturers to shift their manufacturing facilities to developing regions such as APAC, thus stimulating growth in this region. Countries such as China, India, Thailand, and Indonesia lead the market in the APAC region.

Competitive landscape and key vendors

The innovation of smart self-lubricating bearing is a growing trend, which will drive the demand for self-lubricating bearings in the forecast period. Moreover, globalization and lack of product differentiation have also encouraged vendors to transform their products by adding new features and functionalities to enhance product performance and capabilities.

The primary vendors in this market are -

NSK

NTN

Schaeffler

SKF

TimkenOther prominent vendors included in this report are Eickoff, Koyo Bearings, INA Bearing, Nachi-Fujikoshi, JTEKT, and NMB Bearings.

    Key questions answered in the report include

    What will the market size and the growth rate be in 2019?

    What are the key factors driving the self-lubricating bearings market?

    What are the key market trends impacting the growth of the self-lubricating bearings market?

    What are the challenges to market growth?

    Who are the key vendors in the self-lubricating bearings market?

    What are the market opportunities and threats faced by the vendors in the self-lubricating bearings market?

    Trending factors influencing the market shares of the APAC, EMEA, and the Americas.

    What are the key outcomes of the five forces analysis of the self-lubricating bearings market?

    Technavio also offers customization on reports based on specific client requirement.

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    Global Bearings Market 2015-2019


    Press Release

    Technavio Announces the Publication of its Research Report – Global Self Lubricating Bearings Market 2015-2019
    Technavio recognizes the following companies as the key players in the Global Self Lubricating Bearings Market: NSK, NTN, Schaeffler, SKF and Timken
    Other Prominent Vendors in the market are: Eickoff, Koyo Bearings, INA Bearing, Nachi-Fujikoshi, JTEKT, and NMB Bearings.
    Commenting on the report, an analyst from Technavio’s team said: “Changing consumer preferences have increased competition among bearing vendors. This has influenced them to develop additional features in their product portfolio to attract consumers. Integrated bearings are manufactured to reduce the number of bearing units required in an assembled product. These bearings lack surface, and their surrounding units can act as an internal component of the bearing design.”
    According to the report, automobile manufacturers are focusing on new customer-centric business models to enhance the consumer experience and services in response to growing competition and changing economic environments. Therefore, they are developing vehicles that improve comfort and maneuverability in a bid to strengthen brand loyalty. This could lead to improved sales of automobiles, thereby raising the demand for self-lubricating bearings.
    Further, the report states that the cost of raw materials, such as ceramics, chrome steel, and stainless steel, used for manufacturing self-lubricating bearings are rising annually. However, bearing manufacturers are unable to raise their product prices because of high market competitiveness, lowering overall profit margins. Fluctuations in the cost of commodities also affect the price of bearings.

    Companies Mentioned

    NSK, NTN, Schaeffler, SKF, Timken, Eickoff, Koyo Bearings, INA Bearing, Nachi-Fujikoshi, JTEKT, NMB Bearings.

    • Executive summary
      • Highlights
    • Scope of the report
      • Market overview
        • Table Global self-lubricating bearings market
      • Top vendor offerings
        • Table Product offerings
    • Market research methodology
      • Research methodology
      • Economic indicators
    • Introduction
      • Key market highlights
        • Table Global bearings market
    • Market landscape
      • Market size and forecast
        • Table Global self-lubricating bearings market 2014-2019 ($ billions)
      • Five forces analysis
    • Market segmentation by end-users
      • Table Global self-lubricating bearings market 2014-2019
      • Global self-lubricating bearings market by automotive sector
        • Table Global self-lubricating bearings market by automotive sector 2014-2019 ($ millions)
      • Global self-lubricating bearings market by heavy industrial machinery sector
        • Table Global self-lubricating bearings market by heavy industrial machinery sector 2014-2019 ($ millions)
      • Global self-lubricating bearings market by general engineering sector
        • Table Global self-lubricating bearings market by general engineering sector 2014-2019 ($ millions)
      • Global self-lubricating bearings market by aerospace sector
        • Table Global self-lubricating bearings market by aerospace sector 2014-2019 ($ millions)
    • Geographical segmentation
      • Table Global self-lubricating market by geography
      • Self-lubricating bearings market in APAC
        • Table Self-lubricating bearings market in APAC 2014-2019 ($ millions)
      • Self-lubricating bearings market in Americas
        • Table Self-lubricating bearings market in Americas 2014-2019 ($ millions)
      • Self-lubricating bearings market in EMEA
        • Table Self-lubricating bearings market in EMEA 2014-2019 ($ millions)
        • Table Number of cars manufactured in UK 2012-2017 (in millions)
    • Market drivers
      • Growth in automotive industry
        • Table Global automobile industry 2014-2019 (millions of units)
        • Table Global automotive industry market
        • Table Production of passenger and commercial vehicles in China 2010-2014 (millions)
        • Table Car market in China
      • Stringent fuel economy standards
      • Need for precise motion control
      • Rapid development of transportation sector
        • Table Six potential high-speed rail corridors in India
      • Rapid development of infrastructure, construction, agriculture, and mining industries
        • Table Global medium and heavy truck market 2014-2019 (millions of units)
    • Impact of drivers
      • Table Impact of drivers
    • Market challenges
      • Table Cost of stainless steel 2014-2015 ($ /ton)
      • Table Price variation in stainless steel
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges
    • Market trends
      • Table Infrastructure investment in India
      • Table Global industrial control and factory automation 2014-2019
    • Vendor landscape
      • Other prominent vendors
    • Key vendor analysis
      • NSK
        • Table NSK: Business segmentation by revenue 2015
        • Table NSK: Business segmentation by revenue 2014 and 2015 ($ billions)
        • Table NSK: Geographical segmentation by revenue 2015
      • NTN
        • Table NTN: Product segmentation
        • Table NTN: Business segmentation by revenue 2014
        • Table NTN: Business segmentation by revenue 2013 and 2014 ($ billions)
        • Table NTN: Geographical segmentation by revenue 2014
      • Schaeffler Technologies
        • Table Divisional Segmentation by Revenue 2014
        • Table Geographical Segmentation by Revenue 2014
      • SKF
        • Table SKF: Business segmentation 2014 by revenue
        • Table SKF: Business segmentation by revenue 2013 and 2014 ($ billions)
        • Table SKF: Geographical segmentation by revenue 2013
        • Table Timken: Business segmentation by revenue 2014
        • Table Timken: Business segmentation by revenue 2013 and 2014 ($ millions)
        • Table Timken: Geographical segmentation by revenue 2014
    • Appendix
      • List of abbreviations
    • Explore Technavio

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