Bearings Market Size By Product (Roller Bearings [Split, Tapered, Others], Ball Bearings [Deep Groove Bearings, Others]), By Application (Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace, Automotive Aftermarket), Industry An

Bearings Market Size By Product (Roller Bearings [Split, Tapered, Others], Ball Bearings [Deep Groove Bearings, Others]), By Application (Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace, Automotive Aftermarket), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026

The bearings market is slated to witness remarkable growth in the coming years owing to the increasing investment towards automotive production and rising product demand from key application areas such as agriculture, railway & aerospace, automotive, and electrical among many others. Bearings are considered one of the most utilized machine components since their rolling motion makes all movements easier for other machine components, reducing friction.

These components should be able to offer high precision, durability and reliability along with the ability to rotate at rapid speeds with less noise and vibration. Transmit forces and transfer motion are the two main functions of bearings.

Additionally, the right bearing is meant to reduce power consumption, enhance the entire system performance, and increase lifetime. Whereas, placement of a wrong bearing could lead to increased downtime, premature failure, and increase in wear and fatigue among all the components of the system. In such a case, it is essential to place the right bearing for efficient functioning.

The bearings market is divided into segments in terms of product, application, and regional landscape.

With respect to product, the bearings market is classified into roller bearings, ball bearings, and others. The roller bearings segment is further categorized into tapered, split, and others. The split segment will witness more than 8.5% CAGR over the forecast time period as these incur lower operational cost and reduced downtime needed for changing bearings or moving equipment.

Additionally, split bearings are utilized in wide range of applications, they are mainly useful for bulk handling activities. For instance, chemical & food processing frequently use split bearings. Also, iron & steel manufacturing sectors, and other sectors including marine, oil , power generation, and petrochemical generally rely on split roller bearings. Other sectors where split roller bearings are utilized are sugar processing, paper, pulp, and water treatment.

In terms of application, the overall bearings market is bifurcated into automotive aftermarket, railway & aerospace, mining & construction, electrical, agriculture, automotive, and others. Among these, the automotive aftermarket segment will grow with the CAGR of around 8% over the estimated time period owing to increasing sales of pre-owned vehicles.

From a regional frame of reference, LATAM bearings market is expected to grow with the CAGR of around 8.5% through the forecast time period owing to increasing investment in automotive production.

Also, ongoing technological advancements across Latin America automotive industry is likely to drive the demand for bearings in the region. Likewise, with rapidly growing automotive manufacturing in Mexico, the bearings market will witness substantial growth opportunities over the coming years.


Data Tables
TABLE 1 Bearings industry 360 degree synopsis, 2016 - 2026
TABLE 2 Global bearings market, (USD Million), 2016 - 2026
TABLE 3 Global bearings market by region, (USD Million), 2016 - 2026
TABLE 4 Global bearings market by product (USD Million), 2016 - 2026
TABLE 5 Global ball bearings market by product (USD Million), 2016 - 2026
TABLE 6 Global roller bearings market by product (USD Million), 2016 - 2026
TABLE 7 Global bearings market by application, (USD Million), 2016 - 2026
TABLE 8 Growth drivers
TABLE 9 Industry pitfalls & challenges
TABLE 10 Global ball bearings demand (USD Million), 2016 - 2026
TABLE 11 Global ball bearings demand by region (USD Million), 2016 - 2026
TABLE 12 Global DGBB demand by region (USD Million), 2016 - 2026
TABLE 13 Global other ball bearings demand by region (USD Million), 2016 - 2026
TABLE 14 Global roller bearings demand (USD Million), 2016 - 2026
TABLE 15 Global roller bearings demand by region (USD Million), 2016 - 2026
TABLE 16 Global SRB demand by region (USD Million), 2016 - 2026
TABLE 17 Global TRB demand by region (USD Million), 2016 - 2026
TABLE 18 Global other roller bearings demand by region (USD Million), 2016 - 2026
TABLE 19 Global bearings demand in automotive, 2016 - 2026 (USD Million)
TABLE 20 Global bearings demand in automotive by region, 2016 - 2026 (USD Million)
TABLE 21 Global bearings demand in agriculture, 2016 - 2026 (USD Million)
TABLE 22 Global bearings demand in agriculture by region, 2016 - 2026 (USD Million)
TABLE 23 Global bearings demand in electrical applications, 2016 - 2026 (USD Million)
TABLE 24 Global bearings demand in electrical applications by region, 2016 - 2026 (USD Million)
TABLE 25 Global bearings demand in mining & construction, 2016 - 2026 (USD Million)
TABLE 26 Global bearings demand in mining & construction by region, 2016 - 2026 (USD Million)
TABLE 27 Global bearings demand in railway & aerospace, 2016 - 2026 (USD Million)
TABLE 28 Global bearings demand in railway & aerospace by region, 2016 - 2026 (USD Million)
TABLE 29 Global bearings demand in automotive aftermarket, 2016 - 2026 (USD Million)
TABLE 30 Global bearings demand in automotive aftermarket by region, 2016 - 2026 (USD Million)
TABLE 31 Global bearings demand in other application, 2016 - 2026 (USD Million)
TABLE 32 Global bearings demand in other applications by region, 2016 - 2026 (USD Million)
TABLE 33 North America bearings market by product (USD Million), 2016 - 2026
TABLE 34 North America ball bearings market by product (USD Million), 2016 - 2026
TABLE 35 North America roller bearings market by product (USD Million), 2016 - 2026
TABLE 36 North America bearings market by application (USD Million), 2016 - 2026
TABLE 37 U.S. bearings market by product (USD Million), 2016 - 2026
TABLE 38 U.S. ball bearings market by product (USD Million), 2016 - 2026
TABLE 39 U.S. roller bearings market by product (USD Million), 2016 - 2026
TABLE 40 U.S. bearings market by application (USD Million), 2016 - 2026
TABLE 41 Canada bearings market by product (USD Million), 2016 - 2026
TABLE 42 Canada ball bearings market by product (USD Million), 2016 - 2026
TABLE 43 Canada roller bearings market by product (USD Million), 2016 - 2026
TABLE 44 Canada bearings market by application (USD Million), 2016 - 2026
TABLE 45 Europe bearings market by product (USD Million), 2016 - 2026
TABLE 46 Europe ball bearings market by product (USD Million), 2016 - 2026
TABLE 47 Europe roller bearings market by product (USD Million), 2016 - 2026
TABLE 48 Europe bearings market by application (USD Million), 2016 - 2026
TABLE 49 France bearings market by product (USD Million), 2016 - 2026
TABLE 50 France ball bearings market by product (USD Million), 2016 - 2026
TABLE 51 France roller bearings market by product (USD Million), 2016 - 2026
TABLE 52 France bearings market by application (USD Million), 2016 - 2026
TABLE 53 Germany bearings market by product (USD Million), 2016 - 2026
TABLE 54 Germany ball bearings market by product (USD Million), 2016 - 2026
TABLE 55 Germany roller bearings market by product (USD Million), 2016 - 2026
TABLE 56 Germany bearings market by application (USD Million), 2016 - 2026
TABLE 57 UK bearings market by product (USD Million), 2016 - 2026
TABLE 58 UK ball bearings market by product (USD Million), 2016 - 2026
TABLE 59 UK roller bearings market by product (USD Million), 2016 - 2026
TABLE 60 UK bearings market by application (USD Million), 2016 - 2026
TABLE 61 Italy bearings market by product (USD Million), 2016 - 2026
TABLE 62 Italy ball bearings market by product (USD Million), 2016 - 2026
TABLE 63 Italy roller bearings market by product (USD Million), 2016 - 2026
TABLE 64 Italy bearings market by application (USD Million), 2016 - 2026
TABLE 65 Spain bearings market by product (USD Million), 2016 - 2026
TABLE 66 Spain ball bearings market by product (USD Million), 2016 - 2026
TABLE 67 Spain roller bearings market by product (USD Million), 2016 - 2026
TABLE 68 Spain bearings market by application (USD Million), 2016 - 2026
TABLE 69 Asia Pacific bearings market by product (USD Million), 2016 - 2026
TABLE 70 Asia Pacific ball bearings market by product (USD Million), 2016 - 2026
TABLE 71 Asia Pacific roller bearings market by product (USD Million), 2016 - 2026
TABLE 72 Asia Pacific bearings market by application (USD Million), 2016 - 2026
TABLE 73 China bearings market by product (USD Million), 2016 - 2026
TABLE 74 China ball bearings market by product (USD Million), 2016 - 2026
TABLE 75 China roller bearings market by product (USD Million), 2016 - 2026
TABLE 76 China bearings market by application (USD Million), 2016 - 2026
TABLE 77 Japan bearings market by product (USD Million), 2016 - 2026
TABLE 78 Japan ball bearings market by product (USD Million), 2016 - 2026
TABLE 79 Japan roller bearings market by product (USD Million), 2016 - 2026
TABLE 80 Japan bearings market by application (USD Million), 2016 - 2026
TABLE 81 India bearings market by product (USD Million), 2016 - 2026
TABLE 82 India ball bearings market by product (USD Million), 2016 - 2026
TABLE 83 India roller bearings market by product (USD Million), 2016 - 2026
TABLE 84 India bearings market by application (USD Million), 2016 - 2026
TABLE 85 Latin America bearings market by product (USD Million), 2016 - 2026
TABLE 86 Latin America ball bearings market by product (USD Million), 2016 - 2026
TABLE 87 Latin America roller bearings market by product (USD Million), 2016 - 2026
TABLE 88 Latin America bearings market by application (USD Million), 2016 - 2026
TABLE 89 Mexico bearings market by product (USD Million), 2016 - 2026
TABLE 90 Mexico ball bearings market by product (USD Million), 2016 - 2026
TABLE 91 Mexico roller bearings market by product (USD Million), 2016 - 2026
TABLE 92 Mexico market by application (USD Million), 2016 - 2026
TABLE 93 Brazil bearings market by product (USD Million), 2016 - 2026
TABLE 94 Brazil ball bearings market by product (USD Million), 2016 - 2026
TABLE 95 Brazil roller bearings market by product (USD Million), 2016 - 2026
TABLE 96 Brazil market by application (USD Million), 2016 - 2026
TABLE 97 MEA bearings market by product (USD Million), 2016 - 2026
TABLE 98 MEA ball bearings market by product (USD Million), 2016 - 2026
TABLE 99 MEA roller bearings market by product (USD Million), 2016 - 2026
TABLE 100 MEA market by application (USD Million), 2016 - 2026
Charts & Figures
FIG. 1 Industry Segmentation
FIG. 2 Global bearings market (USD Million), 2016 - 2026
FIG. 3 Industry ecosystem analysis
FIG. 4 Industry Impact forces
FIG. 5 Growth potential analysis
FIG. 6 Porter's Analysis
FIG. 7 Company market share analysis
FIG. 8 PESTEL analysis
FIG. 9 Global bearings market share by product, 2019 & 2026
FIG. 10 Global bearings market share by application, 2019 & 2026
FIG. 11 Global bearings market share by region, 2019 & 2026

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