Europe Vacuum Bearings Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Cylindrical Roller Bearings, Tapered Roller Bearings, Spherical Roller Bearings, Thrust Roller Bearings, and Needle Roller Bearings), Application (Au
Description
Europe Vacuum Bearings Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Cylindrical Roller Bearings, Tapered Roller Bearings, Spherical Roller Bearings, Thrust Roller Bearings, and Needle Roller Bearings), Application (Automotive, Manufacturing & Construction, Energy & Power, Mining, Aerospace & Defense, and Others), and Material (Silicon, Stainless Steel, Hybrid, and Others)
The Europe vacuum bearings market is expected to grow from US$ 2,578.85 million in 2022 to US$ 4,195.50 million by 2028; it is estimated to grow at a CAGR of 7.7% from 2022 to 2028.
The rising awareness about environmental pollution has forced industries to reduce carbon dioxide (CO2) and harmful gas emissions. Motors used to operate pumps and compressors require more electricity; thus, high developed bearings are utilized in motors to reduce mechanical loss during operations. Moreover, the use of low torque bearings in CVTs to enhance vehicles' reliability and fuel efficiency has increased the utilization of bearing that offer enhanced ball strength and solid lubricating film. Thus, the rising utilization of bearing in railways, electric vehicles, rolling mills, and continuously variable transmissions will create market opportunities for vacuum bearing manufacturers.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe vacuum bearings market . The Europe vacuum bearings market is expected to grow at a good CAGR during the forecast period.
Europe Vacuum Bearings Market Revenue and Forecast to 2028 (US$ Million)
Europe Vacuum Bearings Market Segmentation
The Europe vacuum bearings market is segmented based on product type, application, material, and country. Based on product type, the Europe vacuum bearings market is divided into cylindrical roller bearings, tapered roller bearings, spherical roller bearings, thrust roller bearings, and needle roller bearings. The cylindrical roller bearings segment would dominate the Europe vacuum bearings market in 2022. In terms of application, the Europe vacuum bearings market is categorized into automotive, manufacturing & construction, energy & power, mining, aerospace & defense, and others. The automotive segment would dominate the Europe vacuum bearings market in 2022. Based on material, the Europe vacuum bearings market is categorized into silicon, stainless steel, hybrid, and others. The stainless-steel segment would dominate the Europe vacuum bearings market in 2022. Based on country, the Europe vacuum bearings market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany would dominate the Europe vacuum bearings market in 2022.
Key players operating in the Europe vacuum bearings market include HepcoMotion; NSK Ltd; Schaeffler Technologies AG & Co. KG; THE TIMKEN COMPANY; TPA Motion, LLC; GMN Paul Muller Industrie GmbH & Co. KG; JTEKT Europe Bearings B.V; UNASIS; and SKF by Altair.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe vacuum bearings market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe vacuum bearings market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe vacuum bearings market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution"
The Europe vacuum bearings market is expected to grow from US$ 2,578.85 million in 2022 to US$ 4,195.50 million by 2028; it is estimated to grow at a CAGR of 7.7% from 2022 to 2028.
The rising awareness about environmental pollution has forced industries to reduce carbon dioxide (CO2) and harmful gas emissions. Motors used to operate pumps and compressors require more electricity; thus, high developed bearings are utilized in motors to reduce mechanical loss during operations. Moreover, the use of low torque bearings in CVTs to enhance vehicles' reliability and fuel efficiency has increased the utilization of bearing that offer enhanced ball strength and solid lubricating film. Thus, the rising utilization of bearing in railways, electric vehicles, rolling mills, and continuously variable transmissions will create market opportunities for vacuum bearing manufacturers.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe vacuum bearings market . The Europe vacuum bearings market is expected to grow at a good CAGR during the forecast period.
Europe Vacuum Bearings Market Revenue and Forecast to 2028 (US$ Million)
Europe Vacuum Bearings Market Segmentation
The Europe vacuum bearings market is segmented based on product type, application, material, and country. Based on product type, the Europe vacuum bearings market is divided into cylindrical roller bearings, tapered roller bearings, spherical roller bearings, thrust roller bearings, and needle roller bearings. The cylindrical roller bearings segment would dominate the Europe vacuum bearings market in 2022. In terms of application, the Europe vacuum bearings market is categorized into automotive, manufacturing & construction, energy & power, mining, aerospace & defense, and others. The automotive segment would dominate the Europe vacuum bearings market in 2022. Based on material, the Europe vacuum bearings market is categorized into silicon, stainless steel, hybrid, and others. The stainless-steel segment would dominate the Europe vacuum bearings market in 2022. Based on country, the Europe vacuum bearings market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany would dominate the Europe vacuum bearings market in 2022.
Key players operating in the Europe vacuum bearings market include HepcoMotion; NSK Ltd; Schaeffler Technologies AG & Co. KG; THE TIMKEN COMPANY; TPA Motion, LLC; GMN Paul Muller Industrie GmbH & Co. KG; JTEKT Europe Bearings B.V; UNASIS; and SKF by Altair.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe vacuum bearings market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe vacuum bearings market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe vacuum bearings market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution"
Table of Contents
151 Pages
- 1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 Europe Vacuum Bearing Market – By Type
- 1.3.2 Europe Vacuum Bearing Market – By Application
- 1.3.3 Europe Vacuum Bearing Market – By Material
- 1.3.4 Europe Vacuum Bearing Market – By Country
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. Europe Vacuum Bearing Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.2.1 Europe
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. Europe Vacuum Bearing Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Increasing Growth of Europe Space Sector
- 5.1.2 Advantages of Vacuum Bearings
- 5.2 Market Restraints
- 5.2.1 Differing Raw Material Prices and High Maintenance Cost
- 5.3 Market Opportunities
- 5.3.1 Growing Applications of Bearing
- 5.4 Future Trends
- 5.4.1 Demand in Technological Advancement
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Vacuum Bearing Market – Europe Market Analysis
- 6.1 Europe Vacuum Bearing Market Forecast and Analysis
- 7. Europe Vacuum Bearing Market – By Type
- 7.1 Overview
- 7.2 Europe Vacuum Bearing Market, By Type (2021 and 2028)
- 7.3 Cylindrical Roller Bearings
- 7.3.1 Overview
- 7.3.2 Cylindrical Roller Bearings: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 7.4 Tapered Roller Bearings
- 7.4.1 Overview
- 7.4.2 Tapered Roller Bearings: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 7.5 Spherical Roller Bearings
- 7.5.1 Overview
- 7.5.2 Spherical Roller Bearings: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 7.6 Thrust Roller Bearings
- 7.6.1 Overview
- 7.6.2 Thrust Roller Bearings: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 7.7 Needle Roller Bearings
- 7.7.1 Overview
- 7.7.2 Needle Roller Bearings: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 8. Europe Vacuum Bearing Market – By Application
- 8.1 Overview
- 8.2 Europe Vacuum Bearing Market, By Application (2021 and 2028)
- 8.3 Automotive
- 8.3.1 Overview
- 8.3.2 Automotive: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 8.4 Manufacturing & Construction
- 8.4.1 Overview
- 8.4.2 Manufacturing & Construction: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 8.5 Energy & Power
- 8.5.1 Overview
- 8.5.2 Energy & Power: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 8.6 Mining
- 8.6.1 Overview
- 8.6.2 Mining: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 8.7 Aerospace & Defense
- 8.7.1 Overview
- 8.7.2 Aerospace & Defense: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 8.8 Others
- 8.8.1 Overview
- 8.8.2 Others: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 9. Europe Vacuum Bearing Market – By Material
- 9.1 Overview
- 9.2 Europe Vacuum Bearing Market, By Material (2021 and 2028)
- 9.3 Silicon
- 9.3.1 Overview
- 9.3.2 Silicon: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 9.4 Stainless Steel
- 9.4.1 Overview
- 9.4.2 Stainless Steel: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 9.5 Hybrid
- 9.5.1 Overview
- 9.5.2 Hybrid: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Vacuum Bearing Market Revenue and Forecast To 2028 (US$ Million)
- 10. Europe Vacuum Bearing Market – By Country Analysis
- 10.1 Europe: Vacuum Bearing Market
- 10.1.1 Overview
- 10.1.2 Europe Vacuum Bearing Market Breakdown, by Country
- 10.1.2.1 Germany Vacuum Bearing Market, Revenue and Forecast to 2028
- 10.1.2.1.1 Germany Vacuum Bearing Market Breakdown, By Type
- 10.1.2.1.2 Germany Vacuum Bearing Market Breakdown, By Application
- 10.1.2.1.3 Germany Vacuum Bearing Market Breakdown, By Material
- 10.1.2.2 France Vacuum Bearing Market, Revenue and Forecast to 2028
- 10.1.2.2.1 France Vacuum Bearing Market Breakdown, By Type
- 10.1.2.2.2 France Vacuum Bearing Market Breakdown, By Application
- 10.1.2.2.3 France Vacuum Bearing Market Breakdown, By Material
- 10.1.2.3 Italy Vacuum Bearing Market, Revenue and Forecast to 2028
- 10.1.2.3.1 Italy Vacuum Bearing Market Breakdown, By Type
- 10.1.2.3.2 Italy Vacuum Bearing Market Breakdown, By Application
- 10.1.2.3.3 Italy Vacuum Bearing Market Breakdown, By Material
- 10.1.2.4 UK Vacuum Bearing Market, Revenue and Forecast to 2028
- 10.1.2.4.1 UK Vacuum Bearing Market Breakdown, By Type
- 10.1.2.4.2 UK Vacuum Bearing Market Breakdown, By Application
- 10.1.2.4.3 UK Vacuum Bearing Market Breakdown, By Material
- 10.1.2.5 Russia Vacuum Bearing Market, Revenue and Forecast to 2028
- 10.1.2.5.1 Russia Vacuum Bearing Market Breakdown, By Type
- 10.1.2.5.2 Russia Vacuum Bearing Market Breakdown, By Application
- 10.1.2.5.3 Russia Vacuum Bearing Market Breakdown, By Material
- 10.1.2.6 Rest of Europe Vacuum Bearing Market, Revenue and Forecast to 2028
- 10.1.2.6.1 Rest of Europe Vacuum Bearing Market Breakdown, By Type
- 10.1.2.6.2 Rest of Europe Vacuum Bearing Market Breakdown, By Application
- 10.1.2.6.3 Rest of Europe Vacuum Bearing Market Breakdown, By Material
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 Merger and Acquisition
- 11.4 New Development
- 12. Company Profiles
- 12.1 HepcoMotion
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 NSK Ltd.
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Schaeffler Technologies AG & Co. KG
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 THE TIMKEN COMPANY
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 TPA Motion, LLC
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 GMN Paul Müller Industrie GmbH & Co. KG
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 JTEKT Europe Bearings B.V.
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 UNASIS
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 SKF
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary
- LIST OF TABLES
- Table 1. Europe Vacuum Bearing Market, Revenue and Forecast, 2019–2028 (US$ Million)
- Table 2. Europe Vacuum Bearing Market, Revenue and Forecast To 2028 – By Country (US$ million)
- Table 3. Germany Vacuum Bearing Market, Revenue and Forecast to 2028 – By Type (US$ million)
- Table 4. Germany Vacuum Bearing Market, Revenue and Forecast to 2028 – By Application (US$ million)
- Table 5. Germany Vacuum Bearing Market, Revenue and Forecast to 2028 – By Material (US$ million)
- Table 6. France Vacuum Bearing Market, Revenue and Forecast to 2028 – By Type (US$ million)
- Table 7. France Vacuum Bearing Market, Revenue and Forecast to 2028 – By Application (US$ million)
- Table 8. France Vacuum Bearing Market, Revenue and Forecast to 2028 – By Material (US$ million)
- Table 9. Italy Vacuum Bearing Market, Revenue and Forecast to 2028 – By Type (US$ million)
- Table 10. Italy Vacuum Bearing Market, Revenue and Forecast to 2028 – By Application (US$ million)
- Table 11. Italy Vacuum Bearing Market, Revenue and Forecast to 2028 – By Material (US$ million)
- Table 12. UK Vacuum Bearing Market, Revenue and Forecast to 2028 – By Type (US$ million)
- Table 13. UK Vacuum Bearing Market, Revenue and Forecast to 2028 – By Application (US$ million)
- Table 14. UK Vacuum Bearing Market, Revenue and Forecast to 2028 – By Material (US$ million)
- Table 15. Russia Vacuum Bearing Market, Revenue and Forecast to 2028 – By Type (US$ million)
- Table 16. Russia Vacuum Bearing Market, Revenue and Forecast to 2028 – By Application (US$ million)
- Table 17. Russia Vacuum Bearing Market, Revenue and Forecast to 2028 – By Material (US$ million)
- Table 18. Rest of Europe Vacuum Bearing Market, Revenue and Forecast to 2028 – By Type (US$ million)
- Table 19. Rest of Europe Vacuum Bearing Market, Revenue and Forecast to 2028 – By Application (US$ million)
- Table 20. Rest of Europe Vacuum Bearing Market, Revenue and Forecast to 2028 – By Material (US$ million)
- Table 21. Glossary of Terms, Vacuum Bearing Market
- LIST OF FIGURES
- Figure 1. Europe Vacuum Bearing Market Segmentation
- Figure 2. Europe Vacuum Bearing Market Segmentation – by Country
- Figure 3. Europe Vacuum Bearing Market Overview
- Figure 4. Europe Vacuum Bearing Market, By Type
- Figure 5. Europe Vacuum Bearing Market, By Application
- Figure 6. Europe Vacuum Bearing Market, By Material
- Figure 7. Europe Vacuum Bearing Market, By Country
- Figure 8. Europe: PEST Analysis
- Figure 9. Europe Vacuum Bearing Market Ecosystem Analysis
- Figure 10. Europe Expert Opinion
- Figure 11. Europe Vacuum Bearing Market: Impact Analysis of Drivers and Restraints
- Figure 12. Europe Vacuum Bearing Market, Forecast and Analysis (US$ Million)
- Figure 13. Europe Vacuum Bearing Market, by Type (2021 and 2028)
- Figure 14. Europe Cylindrical Roller Bearings: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 15. Europe Tapered Roller Bearings: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 16. Europe Spherical Roller Bearings: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 17. Europe Thrust Roller Bearings: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 18. Europe Needle Roller Bearings: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 19. Europe Vacuum Bearing Market, by Application (2021 and 2028)
- Figure 20. Europe Automotive: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 21. Europe Manufacturing & Construction: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 22. Europe Energy & Power: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Europe Mining: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Europe Aerospace & Defense: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 25. Europe Others: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 26. Europe Vacuum Bearing Market, by Material (2021 and 2028)
- Figure 27. Europe Silicon: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 28. Europe Stainless Steel: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 29. Europe Hybrid: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 30. Europe Others: Vacuum Bearing Market Revenue and Forecast to 2028 (US$ Million)
- Figure 31. Europe Vacuum Bearing Market, by Country – Revenue (2021) (US$ Million)
- Figure 32. Europe Vacuum Bearing Market Breakdown, by Country, 2021 & 2028(%)
- Figure 33. Germany Vacuum Bearing Market, Revenue and Forecast to 2028 (US$ million)
- Figure 34. France Vacuum Bearing Market, Revenue and Forecast to 2028 (US$ million)
- Figure 35. Italy Vacuum Bearing Market, Revenue and Forecast to 2028 (US$ million)
- Figure 36. UK Vacuum Bearing Market, Revenue and Forecast to 2028 (US$ million)
- Figure 37. Russia Vacuum Bearing Market, Revenue and Forecast to 2028 (US$ million)
- Figure 38. Rest of Europe Vacuum Bearing Market, Revenue and Forecast to 2028 (US$ million)
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