
Europe Bearing Market Research Report Forecast to 2030
Description
Europe Bearing Market Research Report Forecast to 2030
Major Players
The European bearing market is a significant sector of the mechanical power transmission industry, providing essential components for a wide range of machinery and equipment. Bearings are used to reduce friction and support the rotation of various parts, including shafts, wheels, and gears, in a vast array of applications such as automotive, aerospace, industrial machinery, and wind turbines.
The Europe bearing market is driven by various factors such as the growing need for reliable and durable machinery, increasing demand from various end-use industries, technological advancements, and the expansion of the automotive and aerospace sectors. However, the market faces challenges such as the volatility in raw material prices and the presence of counterfeit products. The market is highly competitive, with established players dominating the market. The market is also consolidated, with a few large players holding a significant market share.
The Europe bearing market was valued at USD 14,774.65 million in 2022 and expected to reach USD 22,050.47 million by 2030, registering a CAGR of 5.21% over the forecast duration. Germany accounts for the largest market share (27.59%) followed by the UK (19.32%) and France (14.01%).
Market Segmentation
Based on the product type, the market has been segmented into plain bearing, ball bearing, roller bearing, linear bearing, fluid bearing, and others.
Based on application, the bearing market has been segmented into automotive (passenger vehicles and commercial vehicles), electronics, aerospace and defense, construction, and others. Based on the material type, the market has been segmented into steel (wire & rod, bar, billets, and others), ceramic, polymer plastic and hybrid.
Regional Analysis
Germany is the largest bearing market in Europe, and it is expected to continue to dominate during the forecast period. The growth of the bearing market in Germany is driven by the increasing demand for bearings in the automotive, machinery, and aerospace industries.
The UK is the second-largest bearing market in Europe, and it is expected to grow at a significant rate due to the increasing demand for bearings in the automotive and aerospace industries.
France is the third-largest bearing market in Europe, and it is expected to grow at a steady rate due to the increasing demand for bearings in the automotive, aerospace, and defense industries.
Spain is expected to grow at a significant rate due to the increasing demand for bearings in the automotive and construction industries.
Major Players
The key players in the European bearing market are Schaeffler AG, AB SKF, JTEKT Corporation, NTN Corporation, NSK Ltd., and Timken.
Companies Mentioned
Schaeffler AG
AB SKF
JTEKT Corporation
NTN Corporation
NSK Ltd.
and Timken.
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Table of Contents
106 Pages
- 1 Executive Summary 11
- 1.1 Europe Bearing Market, By Product Type 13
- 1.2 Europe Bearing Market, By Application 14
- 1.3 Europe Bearing Market, By Material Type 15
- 2 Market Introduction 16
- 2.1 Definition 16
- 2.2 Scope Of The Study 16
- 2.3 Market Structure 17
- 2.4 Key Buying Criteria 17
- 3 Research Methodology 18
- 3.1 Research Process 18
- 3.2 Primary Research 19
- 3.3 Secondary Research 20
- 3.4 Market Size Estimation 21
- 3.5 Top Down & Bottom-up Approach 21
- 3.6 Forecast Model 22
- 3.7 List Of Assumptions 23
- 4 Market Dynamics 24
- 4.1 Introduction 24
- 4.2 Drivers 25
- 4.2.1 Expansion Of Various End-use Industries In The Region 25
- 4.2.2 Increasing Demand For Automation 25
- 4.2.3 Drivers Impact Analysis 26
- 4.3 Restraints 26
- 4.3.1 Volatility In Raw Material Prices 26
- 4.3.2 Restraints Impact Analysis 27
- 4.4 Opportunities 27
- 4.4.1 Technological Advancements 27
- 4.5 Impact Of Covid-19 On Global Economy 28
- 4.6 Impact Of Covid-19 On The Europe Bearing Market 28
- 4.7 Supply Chain Impact 29
- 4.7.1 Impact On Manufacturer/Developer 29
- 4.7.2 Impact On Component/Services Supplier 29
- 4.7.3 Impact On Distribution/Logistics 29
- 5 Market Factor Analysis 30
- 5.1 Supply/Value Chain Analysis 30
- 5.1.1 Raw Materials 31
- 5.1.2 Manufacturing 31
- 5.1.3 Distribution & Retailers 31
- 5.1.4 End-users 31
- 5.2 Porter’s Five Forces Model 32
- 5.2.1 Threat Of New Entrants 32
- 5.2.2 Bargaining Power Of Suppliers 33
- 5.2.3 Bargaining Power Of Buyers 33
- 5.2.4 Threat Of Substitutes 33
- 5.2.5 Intensity Of Rivalry 33
- 6 Europe Bearing Market, By Product Type 34
- 6.1 Overview 34
- 6.2 Europe Bearing Market Size, Market Estimates & Forecast By Product Type, 2019-2030 35
- 6.2.1 Europe Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 35
- 7 Europe Bearing Market, By Application 36
- 7.1 Overview 36
- 7.2 Europe Bearing Market Size, Market Estimates & Forecast By Application, 2019-2030 37
- 7.2.1 Europe Bearing Market Size: Market Estimates & Forecast By Application, 2019-2030 37
- 8 Europe Bearing Market, By Material Type 39
- 8.1 Overview 39
- 8.2 Europe Bearing Market Size, Market Estimates & Forecast By Material Type, 2019-2030 40
- 8.2.1 Europe Bearing Market Size: Market Estimates & Forecast By Material Type, 2019-2030 40
- 9 Europe Bearing Market, By Country 42
- 9.1 Overview 42
- 9.2 Germany 44
- 9.2.1 Germany Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 44
- 9.3 Uk 47
- 9.3.1 Uk Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 47
- 9.4 France 49
- 9.4.1 France Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 49
- 9.5 Spain 52
- 9.5.1 Spain Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 52
- 9.6 Italy 54
- 9.6.1 Italy Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 54
- 9.7 Belgium 57
- 9.7.1 Belgium Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 57
- 9.8 Netherlands 59
- 9.8.1 Netherlands Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 59
- 9.9 Rest Of Europe 62
- 9.9.1 Rest Of Europe Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 62
- 10 Competitive Landscape 65
- 10.1 Competitive Overview 65
- 10.2 Competitive Benchmarking 66
- 10.3 Major Players In The Europe Bearing Market 67
- 10.4 Leading Players In Terms Of The Number Of Developments In The Europe Bearing Market 67
- 10.5 Key Developments & Growth Strategies 68
- 10.5.1 Product Launch/Product Development 68
- 10.5.2 Acquisition/Partnership 69
- 11 Company Profiles 70
- 11.1 Ab Skf 70
- 11.1.1 Company Overview 70
- 11.1.2 Financial Overview 71
- 11.1.3 Products Offered 71
- 11.1.4 Key Developments 73
- 11.1.5 Swot Analysis 73
- 11.1.6 Key Strategies 73
- 11.2 Schaeffler Ag 74
- 11.2.1 Company Overview 74
- 11.2.2 Financial Overview 75
- 11.2.3 Products Offered 76
- 11.2.4 Key Developments 77
- 11.2.5 Swot Analysis 77
- 11.2.6 Key Strategies 77
- 11.3 Nsk Ltd. 78
- 11.3.1 Company Overview 78
- 11.3.2 Financial Overview 79
- 11.3.3 Products Offered 79
- 11.3.4 Key Developments 81
- 11.3.5 Swot Analysis 81
- 11.3.6 Key Strategies 81
- 11.4 Ntn Corporation 82
- 11.4.1 Company Overview 82
- 11.4.2 Financial Overview 83
- 11.4.3 Products/Services Offered 83
- 11.4.4 Key Developments 85
- 11.4.5 Swot Analysis 85
- 11.4.6 Key Strategies 85
- 11.5 Rbc Bearings Inc. 86
- 11.5.1 Company Overview 86
- 11.5.2 Financial Overview 87
- 11.5.3 Products/Services Offered 87
- 11.5.4 Key Developments 88
- 11.5.5 Swot Analysis 88
- 11.5.6 Key Strategies 88
- 11.6 Regal Rexnord Corp 89
- 11.6.1 Company Overview 89
- 11.6.2 Financial Overview 90
- 11.6.3 Products/Services Offered 90
- 11.6.4 Key Developments 91
- 11.6.5 Swot Analysis 91
- 11.6.6 Key Strategies 91
- 11.7 The Timken Company 92
- 11.7.1 Company Overview 92
- 11.7.2 Financial Overview 93
- 11.7.3 Products/Services Offered 93
- 11.7.4 Key Developments 94
- 11.7.5 Swot Analysis 95
- 11.7.6 Key Strategies 95
- 11.8 Jtekt Corporation 96
- 11.8.1 Company Overview 96
- 11.8.2 Financial Overview 97
- 11.8.3 Products/Services Offered 97
- 11.8.4 Key Developments 99
- 11.8.5 Swot Analysis 99
- 11.8.6 Key Strategies 99
- 11.9 Harbin Bearing Manufacturing Co., Ltd. 100
- 11.9.1 Company Overview 100
- 11.9.2 Financial Overview 100
- 11.9.3 Products Offered 100
- 11.9.4 Key Developments 101
- 11.9.5 Swot Analysis 101
- 11.9.6 Key Strategies 101
- 11.10 Rubix Group 102
- 11.10.1 Company Overview 102
- 11.10.2 Financial Overview 103
- 11.10.3 Products Offered 103
- 11.10.4 Key Developments 104
- 11.10.5 Swot Analysis 104
- 11.10.6 Key Strategies 104
- 12 Appendix 105
- 12.1 References 105
- List Of Tables
- Table 1 List Of Assumptions 23
- Table 2 Europe Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 35
- Table 3 Europe Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 37
- Table 4 Europe Bearing Market Estimates & Forecast, By Automotive Application, 2019-2030 (Usd Million) 38
- Table 5 Europe Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 40
- Table 6 Europe Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Thousand Tons) 41
- Table 7 Europe Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 41
- Table 8 Europe Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 41
- Table 9 Europe Bearing Market Size, By Country, 2019-2030 (Usd Million) 44
- Table 10 Germany Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 44
- Table 11 Germany Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 45
- Table 12 Germany Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 45
- Table 13 Germany Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Thousand Tons) 46
- Table 14 Germany Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 46
- Table 15 Germany Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 46
- Table 16 Uk Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 47
- Table 17 Uk Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 47
- Table 18 Uk Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 48
- Table 19 Uk Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Thousand Tons) 48
- Table 20 Uk Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 48
- Table 21 Uk Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 49
- Table 22 France Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 49
- Table 23 France Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 50
- Table 24 France Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 50
- Table 25 France Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 51
- Table 26 France Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 51
- Table 27 France Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 51
- Table 28 Spain Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 52
- Table 29 Spain Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 52
- Table 30 Spain Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 53
- Table 31 Spain Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 53
- Table 32 Spain Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 53
- Table 33 Spain Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 54
- Table 34 Italy Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 54
- Table 35 Italy Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 55
- Table 36 Italy Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 55
- Table 37 Italy Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Thousand Tons) 56
- Table 38 Italy Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 56
- Table 39 Italy Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 56
- Table 40 Belgium Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 57
- Table 41 Belgium Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 57
- Table 42 Belgium Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 58
- Table 43 Belgium Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 58
- Table 44 Belgium Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 58
- Table 45 Belgium Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 59
- Table 46 Netherlands Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 59
- Table 47 Netherlands Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 60
- Table 48 Netherlands Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 60
- Table 49 Netherlands Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 61
- Table 50 Netherlands Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 61
- Table 51 Netherlands Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 61
- Table 52 Rest Of Europe Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 62
- Table 53 Rest Of Europe Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 62
- Table 54 Rest Of Europe Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 63
- Table 55 Rest Of Europe Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 63
- Table 56 Rest Of Europe Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 64
- Table 57 Rest Of Europe Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 64
- Table 58 Major Players In The Europe Bearing Market 67
- Table 59 The Most Active Players In The Europe Bearing Market 67
- Table 60 Product Launch/Product Development 68
- Table 61 Acquisition/ Partnership 69
- Table 62 Ab Skf: Products Offered 71
- Table 63 Ab Skf: Key Developments 73
- Table 64 Schaeffler Ag: Products Offered 76
- Table 65 Schaeffler Ag: Key Developments 77
- Table 66 Nsk Ltd.: Products Offered 79
- Table 67 Nsk Ltd.: Key Developments 81
- Table 68 Ntn Corporation: Products/Services Offered 83
- Table 69 Ntn Corporation: Key Developments 85
- Table 70 Rbc Bearings Inc.: Products/Services Offered 87
- Table 71 Regal Rexnord Corp: Products/Services Offered 90
- Table 72 The Timken Company: Products Offered 93
- Table 73 The Timken Company: Key Developments 94
- Table 74 Jtekt Corporation: Products/Services Offered 97
- Table 75 Jtekt Corporation: Key Developments 99
- Table 76 Harbin Bearing Manufacturing Co., Ltd.: Products Offered 100
- Table 77 Rubix Group: Products Offered 103
- List Of Figures
- Figure 1 Market Synopsis 12
- Figure 2 Europe Bearing Market Analysis By Product Type 13
- Figure 3 Europe Bearing Market Analysis By Application 14
- Figure 4 Europe Bearing Market Analysis By Material Type 15
- Figure 5 Europe Bearing Market: Market Structure 17
- Figure 6 Key Buying Criteria Of Bearing 17
- Figure 7 Research Process Of Mrfr 18
- Figure 8 Dro Analysis Of Europe Bearing Market 24
- Figure 9 Drivers Impact Analysis: Bearing Market 26
- Figure 10 Restraints Impact Analysis: Bearing Market 27
- Figure 11 Supply / Value Chain: Europe Bearing Market 30
- Figure 13 Europe Bearing Market, By Product Type, 2022 (% Share) 34
- Figure 14 Europe Bearing Market, By Product Type, 2019 To 2030 (Usd Million) 35
- Figure 15 Europe Bearing Market, By Application, 2022 (% Share) 36
- Figure 16 Europe Bearing Market, By Application, 2019 To 2030 (Usd Million) 37
- Figure 17 Europe Bearing Market, By Material Type, 2022 (% Share) 39
- Figure 18 Europe Bearing Market, By Application, 2019 To 2030 (Usd Million) 40
- Figure 19 Europe Bearing Market, By Region, 2022 To 2030 (Usd Million) 42
- Figure 20 Europe Bearing Market, By Country, 2022 (% Share) 43
- Figure 21 Benchmarking Of Major Competitors 66
- Figure 22 Ab Skf: Financial Overview Snapshot 71
- Figure 23 Ab Skf: Swot Analysis 73
- Figure 24 Schaeffler Ag: Financial Overview Snapshot 75
- Figure 25 Schaeffler Ag: Swot Analysis 77
- Figure 26 Nsk Ltd.: Financial Overview Snapshot 79
- Figure 27 Nsk Ltd.: Swot Analysis 81
- Figure 28 Ntn Corporation: Financial Overview Snapshot 83
- Figure 29 Ntn Corporation: Swot Analysis 85
- Figure 30 Rbc Bearings Inc.: Financial Overview Snapshot 87
- Figure 31 Rbc Bearings Inc.: Swot Analysis 88
- Figure 32 Regal Rexnord Corp: Financial Overview Snapshot 90
- Figure 33 Regal Rexnord Corp: Swot Analysis 91
- Figure 34 The Timken Company: Financial Overview Snapshot 93
- Figure 35 The Timken Company: Swot Analysis 95
- Figure 36 Jtekt Corporation: Financial Overview Snapshot 97
- Figure 37 Jtekt Corporation: Swot Analysis 99
- Figure 38 Harbin Bearing Manufacturing Co., Ltd.: Swot Analysis 101
- Figure 39 Rubix Group: Financial Overview Snapshot 103
- Figure 40 Rubix Group: Swot Analysis 104
Pricing
Currency Rates
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