Global Bearings

Global Bearings

Global bearings demand is projected to climb 5.2% annually through 2025, rebounding from the declines recorded between 2015 and 2020. Although the COVID-19 pandemic will continue to limit market gains during the first part of the forecast period, bearings sales are expected to recovery swiftly as world durable goods manufacturing activity rebounds.

Following the recent weak industry performance, global motor vehicle production is expected to rebound rapidly through 2025, causing associated bearings sales to spike. The growing use of motor vehicles by both consumers and businesses in the wake of the pandemic will boost aftermarket automotive product sales. Improving conditions in the tourism sector and growing international travel will bolster advances in aerospace equipment production, generating demand for a wide range of bearings. Advances in ICE motorcycle output and surging e-bike and electric motorcycle shipments will be a key driver of growth as well.

The following types of bearings are covered in this study:
Ball Bearings
Roller Bearings
Plain Bearings
Mounted & Combined Bearings
Bearing Parts

Among the markets covered in this study are:
Machinery
Motor Vehicles
Motorcycles
Aerospace Equipment
Other Markets

Data is provided for 17 nations in the following regions:
North America
Central & South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast

Scope of the Report
This report covers the scope, size, and growth of the global bearings market, including demand by product type and by market. Historical figures are provided for 2010, 2015, and 2020 with forecasts for 2024 and 2029. Demand and demand by product type presented in millions of dollars. Historical bearings demand is also provided for all countries. The study also covers the global bearings industry competitive environment and provides market share for the leading suppliers.