Global Bearing Market Size study & Forecast, by Product (Ball Bearings, Roller Bearings, Plain Bearings, Others), by Application (Automotive, Agriculture, Mining & Construction, Others) and Regional Analysis, 2022-2029

Global Bearing Market Size study & Forecast, by Product (Ball Bearings, Roller Bearings, Plain Bearings, Others), by Application (Automotive, Agriculture, Mining & Construction, Others) and Regional Analysis, 2022-2029

Global Bearing Market is valued at approximately USD 106.96 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.1% over the forecast period 2022-2029. A bearing is a machine element that is primarily adopted to constrain relative motion and decreases friction between moving parts. Bearing is highly used in industries including automotive, agriculture, mining & construction, and others. The market growth is majorly driven by the growing application of high-capacity bearings in wind turbines, coupled with the surging demand in railway, aerospace, and other applications.

The bearings are gaining high traction in energy-efficient and electric vehicles, which is further fueling the market demand across the globe. According to Statista, in 2020, 2.9 million hybrid electric vehicles are expected to be produced globally. Additionally, it is anticipated that by 2025, the figure is likely to reach 5.4 million hybrid electric vehicles. Therefore, the increasing production of hybrid electric vehicles is propelling the demand for bearing to support the relative motion and lessen friction among moving parts. Furthermore, the rising integration of electro-mechanical features into bearings for medical applications, as well as increasing industrialization is offering growth prospects for market development in the forecasting years. However, the availability of counterfeit products and fluctuation in the prices of raw materials prices are hindering market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Bearing Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the development of the robust construction and mining equipment sector, along with the presence of leading market players. Whereas, Europe is expected to grow at the highest CAGR during the forecast period. Factors such as increased investment in the production of motor vehicles, as well as rising sales of high-value bearings are burgeoning the market growth in the forecasting years.

Major market players included in this report are:
Brammer PLC
Harbin Bearing Manufacturing Co., Ltd.
HKT Bearings Ltd.
JTEKT Corporation
NBI Bearings Europe
NSK Global
NTN Corporation
RBC Bearings Inc.
Rexnord Corporation
RHP Bearings
Recent Developments in the Market:
 In June 2021, JTEKT Corporation announced that the company developed its ball bearings with high muddy water-resistance seals for agricultural machinery. This development supports machinery to operate in harsh working environments.
 In September 2020, NTN Corporation declared the expansion of manufacturing and delivery of deep groove ball bearings that are primarily designed for electric vehicles (EVs) and hybrid electric vehicles (HEVs).

Global Bearing Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.

The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Ball Bearings
Roller Bearings
Plain Bearings
Others
By Application:
Automotive
Agriculture
Mining & Construction
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World



Companies Mentioned

Brammer PLC
Harbin Bearing Manufacturing Co., Ltd.
HKT Bearings Ltd.
JTEKT Corporation
NBI Bearings Europe
NSK Global
NTN Corporation
RBC Bearings Inc.
Rexnord Corporation
RHP Bearings

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Bearing Market, by Region, 2019-2029 (USD Billion)
1.2.2. Bearing Market, by Product, 2019-2029 (USD Billion)
1.2.3. Bearing Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Bearing Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Bearing Market Dynamics
3.1. Bearing Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Growing application of high-capacity bearings in wind turbines
3.1.1.2. Rising demand for energy-efficient and electric vehicles
3.1.2. Market Challenges
3.1.2.1. Availability of counterfeit products
3.1.2.2. Fluctuation in the prices of raw material prices
3.1.3. Market Opportunities
3.1.3.1. Rising integration of electro-mechanical features into bearings for medical applications
3.1.3.2. Increasing industrialization
Chapter 4. Global Bearing Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Bearing Market, by Product
6.1. Market Snapshot
6.2. Global Bearing Market by Product, Performance - Potential Analysis
6.3. Global Bearing Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Bearing Market, Sub Segment Analysis
6.4.1. Ball Bearings
6.4.2. Roller Bearings
6.4.3. Plain Bearings
6.4.4. Others
Chapter 7. Global Bearing Market, by Application
7.1. Market Snapshot
7.2. Global Bearing Market by Application, Performance - Potential Analysis
7.3. Global Bearing Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Bearing Market, Sub Segment Analysis
7.4.1. Automotive
7.4.2. Agriculture
7.4.3. Mining & Construction
7.4.4. Others
Chapter 8. Global Bearing Market, Regional Analysis
8.1. Bearing Market, Regional Market Snapshot
8.2. North America Bearing Market
8.2.1. U.S. Bearing Market
8.2.1.1. Product breakdown estimates & forecasts, 2019-2029
8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Bearing Market
8.3. Europe Bearing Market Snapshot
8.3.1. U.K. Bearing Market
8.3.2. Germany Bearing Market
8.3.3. France Bearing Market
8.3.4. Spain Bearing Market
8.3.5. Italy Bearing Market
8.3.6. Rest of Europe Bearing Market
8.4. Asia-Pacific Bearing Market Snapshot
8.4.1. China Bearing Market
8.4.2. India Bearing Market
8.4.3. Japan Bearing Market
8.4.4. Australia Bearing Market
8.4.5. South Korea Bearing Market
8.4.6. Rest of Asia Pacific Bearing Market
8.5. Latin America Bearing Market Snapshot
8.5.1. Brazil Bearing Market
8.5.2. Mexico Bearing Market
8.6. Rest of The World Bearing Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Brammer PLC
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Harbin Bearing Manufacturing Co., Ltd.
9.2.3. HKT Bearings Ltd.
9.2.4. JTEKT Corporation
9.2.5. NBI Bearings Europe
9.2.6. NSK Global
9.2.7. NTN Corporation
9.2.8. RBC Bearings Inc.
9.2.9. Rexnord Corporation
9.2.10. RHP Bearings
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
List of Tables
TABLE 1. Global Bearing Market, report scope
TABLE 2. Global Bearing Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Bearing Market estimates & forecasts by Product 2019-2029 (USD Billion)
TABLE 4. Global Bearing Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Bearing Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Bearing Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Bearing Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Bearing Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Bearing Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Bearing Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Bearing Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Bearing Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Bearing Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Bearing Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Bearing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Bearing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Bearing Market
TABLE 70. List of primary sources, used in the study of global Bearing Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
FIG 1. Global Bearing Market, research methodology
FIG 2. Global Bearing Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Bearing Market, key trends 2021
FIG 5. Global Bearing Market, growth prospects 2022-2029
FIG 6. Global Bearing Market, porters 5 force model
FIG 7. Global Bearing Market, pest analysis
FIG 8. Global Bearing Market, value chain analysis
FIG 9. Global Bearing Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Bearing Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Bearing Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Bearing Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Bearing Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Bearing Market, regional snapshot 2019 & 2029
FIG 15. North America Bearing Market 2019 & 2029 (USD Billion)
FIG 16. Europe Bearing Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Bearing Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Bearing Market 2019 & 2029 (USD Billion)
FIG 19. Global Bearing Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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