Global Bearing Market Size, Share & Industry Trends Analysis Report By Product (Ball Bearings, Roller Bearings, Plain Bearings and Others), By Application, By Regional Outlook and Forecast, 2022 - 2028

Global Bearing Market Size, Share & Industry Trends Analysis Report By Product (Ball Bearings, Roller Bearings, Plain Bearings and Others), By Application, By Regional Outlook and Forecast, 2022 - 2028

The Global Bearing Market size is expected to reach $181.1 billion by 2028, rising at a market growth of 8.8% CAGR during the forecast period.

A bearing is an element of a machine that limits relative motion to the intended motion and decreases friction between moving elements. The design of the bearing may, for example, allow free linear movement of the moving component or free rotation on a fixed axis; alternatively, it may prevent the motion by controlling the vectors of normal forces acting on the moving elements.

The majority of bearings enhance motion by decreasing friction. Bearings are widely categorized based on the kind of operation, the permitted movements, and the direction of the loads (forces) supplied to the parts. Rotary bearings support rotating elements such as shafts or axles in mechanical systems, transferring axial and radial loads from the load source to the supporting structure.

Plain bearings are the simplest type of bearing, consisting of a shaft revolving in a hole. Use lubrication to minimize friction. Rolling components such as rollers or balls having a circular cross-section are inserted between the races or journals of the bearing assembly in the ball and roller bearings to minimize sliding friction. It is possible to meet the application's requirements for optimal efficiency, reliability, durability, and performance using a range of bearing designs.

The name "bearing" is derived from the verb "to bear" a bearing is an element of a machine that enables one part to support (bear) another. The simplest bearings consist of bearing surfaces cut or molded into a component, with variable degrees of control over the surface's shape, size, roughness, and placement. Other bearings are distinct components that are put within a machine or machine component.

COVID – 19 Impact Analysis

In 2020, the worldwide market for bearings was projected to expand by a substantial margin. Nonetheless, as the global COVID-19 pandemic situation continues to deteriorate, the industry is anticipated to experience a period of uncertainty in 2020. Due to the rapid spread of the new coronavirus, various governments throughout the world have implemented rigorous lockdown measures to halt the virus's spread. China's industrial sector shutdown in the first quarter of 2020 is anticipated to have a significant influence on the expansion of the global bearing market.

Market Growth Factors

Industry 4.0 will hasten innovations in the bearing market

Numerous industry areas, including construction, automotive, power transmission, and oil & gas, employ a variety of bearing types. Efforts have been undertaken to increase bearing performance and life over the course of a previous couple of decades, as seen by the market's constant technological breakthroughs and innovative developments. During the forecast period, the market for bearings is anticipated to expand at a steady rate as a result of an exponential increase in demand for bearings that can run at greater speeds, withstand heavier loads, and more.

Growing Demand from the automotive industry

Over the past couple of decades, the automotive components sector has expanded rapidly, particularly in the Asia-Pacific area. Consistent advancements in production processes and rising demand from the automotive industry are two of the primary factors that have had a significant impact on the expansion of the bearings market throughout the assessment period. Currently, market participants in the bearing industry are placing a greater emphasis on producing bearings that satisfy customer demand for high efficiency, reduced unexpected downtime, and enhanced productivity.

Market Restraining Factors

The availability of fake items

Counterfeit bearings are a significant market restraint for mounted bearings. Frequent bearing failures caused by counterfeit bearings result in increased costs, dangers, and decreased machine dependability. These bearings are made from low-grade materials that are frequently produced on old machinery by workers earning the minimum wage. The packaging of these counterfeit bearings resembles that of authentic items, making it difficult for buyers to distinguish between counterfeit and authentic products.

Product Outlook

Based on the Product, the Bearing Market is segmented into Ball Bearings, Roller Bearings, Plain Bearings, and others. The plain bearing segment witnessed a significant revenue share in the bearing market in 2021. Plain bearings, also known as sleeve bearings, are bearings with no rolling components and are the most basic variety. They facilitate sliding, oscillating, rotating, and reciprocating movements. They are utilized as bearing strips, slide bearings, and wear plates in sliding applications. Plain bearings are superior to roller bearings in terms of resistance to high shock loads and load capacity due to their wider contact area and conformability.

Ball Bearing Type Outlook

On the basis of Ball Bearing Type, the Bearing Market is divided into Deep Groove Bearings and Others. The deep groove bearings segment procured the largest revenue share in the bearing market in 2021. Deep groove ball bearings are the most extensively utilized and adaptable bearing type. They are optimized for minimal noise and low vibration, allowing for high spinning speeds. They are simple to install and need less maintenance than other bearing types. Deep groove ball bearings are available in a wide range of sizes, materials, and variations to accommodate a variety of applications, including high-temperature industrial purposes.

Plain Bearing Type Outlook

Based on the Plain Bearings Type, the Bearing Market is bifurcated into Journal Plain Bearings, Linear Plain Bearings, Thrust Plain Bearings, and Others. The journal segment registered the largest revenue share in the bearing market in 2021. Journal roller bearings, such as corrugator bearings, are intended for moderate to heavy radial loads and have the classification of a 3-piece separable bearing. Inner Race, Outer Race, and Roller Assembly comprise the bearing's whole. Journal roller bearings are manufactured in the Metric and Inch series and are customized for specific industries with unique widths, grease holes, and key notches.

Application Outlook

By Application, the Bearing Market is fragmented into Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace, Automotive Aftermarket, and Others. The automotive segment procured the highest revenue share in the bearing market in 2021. The increasing demand for cars with technologically advanced solutions is causing an increase in vehicle production, which in turn needs instrumented goods. In the automobile sector, the need for bearings has increased because of the rising demand for highly sophisticated cars and the concomitant increase in the vehicles' capabilities.

Regional Outlook

Region-wise, the Bearing Market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia pacific segment garnered the largest revenue share in the bearing market in 2021. The demand is fueled by the resurgence of automobile production and a solidly fixed investment climate. Increased sales of high-priced bearings, such as large-diameter, custom-built bearings used in heavy machinery and wind turbines, are also anticipated to fuel the North American market. In the Middle East and Africa, the fast construction of urban infrastructure has a favorable effect on economic expansion.

The major strategies followed by the market participants are Partnerships and Acquisitions. Based on the Analysis presented in the Cardinal matrix; Schaeffler AG and AB SKF are the forerunners in the Bearing Market. Companies such as, NTN Corporation, Rexnord Corporation, The Timken Company are some of the key innovators in Bearing Market.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AB SKF, NSK Ltd., NTN Corporation, RBC Bearings, Inc., Rexnord Corporation (Regal Rexnord Corporation), Schaeffler AG, The Timken Company, JTEKT Corporation, Harbin Bearing Manufacturing Co. Ltd. (HRB Group) and HKT Bearings Limited.

Recent Strategies Deployed in Bearing Market

Partnerships, Collaborations and Agreements:

Jul-2022: SKF signed a Memorandum of Understanding of ABB, a Swedish-Swiss multinational corporation. Through this agreement, SKF and ABB would recognize and consider solutions to enhance manufacturing abilities and help clients increase production productivity.

Jun-2022: Schaeffler Group teamed up with DLR, the German Aerospace Center. This collaboration aimed to boost the growth of application-oriented solutions in robotics. Additionally, the collaboration is an intensive strategic alliance in the field of robotics.

Apr-2022: Schaeffler Group formed a partnership with Rolls-Royce, a British international aerospace and defense company. This partnership would surround the development and production of engine rolling bearing systems for widebody aircraft and the business jet market piece. Moreover, jointly companies would follow ambitious objectives for improved sustainability in the aviation sector and acquire them due to creative products, manufactured and produced at the main location in Schweinfurt.

Oct-2021: SKF teamed up with Lulea University, a Public Research University. Under this collaboration, SKF would experience in and fund research on hydrogen benefits in industrial operations and energy systems, boosting up the evolution of fossil-free bearing steel.

Feb-2021: Rexnord Corporation signed an agreement with Regal Beloit Corporation, a manufacturer of electric motors and power transmissions. This agreement integrates Regal and PMC’s best-in-class power transmission offering to propel innovation in industrial power transmission and motion control solutions through premium technology, engineering, and manufacturing abilities. Moreover, Rexnord would divide its Process & Motion Control segment by way of a tax-free spin-off to Rexnord shareholders and then instantly integrate it with Regal in a Reverse Morris Trust transaction.

Oct-2020: NTN Bearing came into a partnership with Alpine Bearing, New England’s largest ball-bearing distributor. Under this partnership, Alpine would have emphasis permit to specialized lines of NTN precision parts, which can be challenging to procure and may demand waits of up to a year.

Jan-2020: Rexnord Aerospace formed a partnership with Wencor, which provides aviation products and services. Through this partnership, Wencor would resume circulating Rexnord Aerospace bearings and seals to the commercial aviation aftermarket via April 2024. Moreover, this extension permits to improve high level of assistance for mutual consumers as the company grows the aftermarket on Rexnord’s behalf.

Mergers and Acquisitions:

Jan-2022: SKF took over Laser Cladding Venture, an additive manufacturing firm based in Belgium. Through this acquisition, additive manufacturing would enable a circular economy approach that sustains SKF's ambition to deliver solutions that reduce the entire CO2 footprint. Moreover, Additive manufacturing would play a crucial role in creating tomorrow’s value offer to support consumers' future application demands.

Jan-2022: NSK took over Alliance Bearing Repair and Reclaim, a provider of reconditioning solutions. Through this acquisition, NSK would improve its service and support capabilities to effectively handle bearing life cycle expenses for consumers.

Nov-2021: RBC Bearings took over ABB’s DODGE Mechanical Power Transmission Business. Through this acquisition, DODGE develops a foremost manufacturer with a strong brand identity for bonus performance-critical bearings, elements, and motion control products for the aerospace, industrial, and defense industry.

Aug-2021: SKF acquired Rubico Consulting, an industrial consultancy business. With this acquisition, expertise would be incorporated into SKF’s proposal around the rotating shaft, along with powering new technology zones such as bearings with fiber-optic sensors.

Mar-2021: NSK completed the acquisition of Brüel & Kjær Vibro, an independent provider of condition monitoring solutions. This acquisition would propel the growth of NSK's enterprise platform in the developing CMS market, and further bolster the company's capability to react to demand industrialization, smart technology, labor savings, and environmentally sustainable solutions.

Product Launches and Product Expansions:

Feb-2022: Schaeffler unveiled the TriFinity triple-row wheel bearing and the energy-efficient ball bearing with the centrifugal disc, two new bearings for Evs. The product is developed especially for electric vehicles.

Apr-2021: NSK launched a third-generation ultra-high-speed ball bearing for electric vehicle motors. The third-era bearing is the world's fastest grease-lubricated deep cavity ball bearing for automotive applications, allowing more extended vehicle range and higher fuel thrift.

Business Expansions:

Sep-2022: NSK expanded its business by launching Operation at Toyama. the expansion aimed to create parts for bearings utilized in the infrastructure sector, such as wind turbines, construction, railways, and mining machinery. Moreover, the plant expansion would allow NSK to satisfy consumer demands with state-of-the-art structures creating even higher-quality products.

Aug-2022: Schaeffler Group expanded its business by launching a building complex in Bühl, Germany. The expansion would operate as a new center of distinction for electrified mobility at Schaeffler Group’s Automotive Technologies headquarters. Moreover, the company aimed to develop new, state-of-the-art facilities for inventions in electromobility.

Feb-2021: SKF India expanded its business by launching E-SHOP, Its First Online Store in India. This expansion aimed to acquire consumers across market segments and constantly deliver a superior consumer experience, while further strengthening the country’s ‘Digital India’ ambition.

Scope of the Study

Market Segments covered in the Report:

By Product

  • Ball Bearings
  • Deep Groove Bearings
  • Others
  • Roller Bearings
  • Split
  • Tapered
  • Others
  • Plain Bearings
  • Journal
  • Linear
  • Thrust
  • Others
  • Others
By Application
  • Automotive
  • Mining & Construction
  • Agriculture
  • Electrical
  • Railway & Aerospace
  • Automotive Aftermarket
  • Others
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Companies Profiled
  • AB SKF
  • NSK Ltd.
  • NTN Corporation
  • RBC Bearings, Inc.
  • Rexnord Corporation (Regal Rexnord Corporation)
  • Schaeffler AG
  • The Timken Company
  • JTEKT Corporation
  • Harbin Bearing Manufacturing Co. Ltd. (HRB Group)
  • HKT Bearings Limited
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Bearing Market, by Product
1.4.2 Global Bearing Market, by Application
1.4.3 Global Bearing Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Business Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018 Aug– 2022,Sep) Leading Players
3.3.3 Key Strategic Move: (Mergers and Acquisitions: 2018, Feb - 2022, Jan) Leading Players
Chapter 4. Global Bearing Market by Product
4.1 Global Ball Bearings Market by Region
4.2 Global Bearing Market by Ball Bearings Type
4.2.1 Global Deep Groove Bearings Market by Region
4.2.2 Global Others Market by Region
4.3 Global Roller Bearings Market by Region
4.4 Global Bearing Market by Roller Bearings Type
4.4.1 Global Split Market by Region
4.4.2 Global Tapered Market by Region
4.4.3 Global Others Market by Region
4.5 Global Plain Bearings Market by Region
4.6 Global Bearing Market by Plain Bearings Type
4.6.1 Global Journal Market by Region
4.6.2 Global Linear Market by Region
4.6.3 Global Thrust Market by Region
4.6.4 Global Others Market by Region
4.7 Global Others Market by Region
Chapter 5. Global Bearing Market by Application
5.1 Global Automotive Market by Region
5.2 Global Mining & Construction Market by Region
5.3 Global Agriculture Market by Region
5.4 Global Electrical Market by Region
5.5 Global Railway & Aerospace Market by Region
5.6 Global Automotive Aftermarket Market by Region
5.7 Global Others Market by Region
Chapter 6. Global Bearing Market by Region
6.1 North America Bearing Market
6.1.1 North America Bearing Market by Product
6.1.1.1 North America Ball Bearings Market by Country
6.1.1.2 North America Bearing Market by Ball Bearings Type
6.1.1.2.1 North America Deep Groove Bearings Market by Country
6.1.1.2.2 North America Others Market by Country
6.1.1.3 North America Roller Bearings Market by Country
6.1.1.4 North America Bearing Market by Roller Bearings Type
6.1.1.4.1 North America Split Market by Country
6.1.1.4.2 North America Tapered Market by Country
6.1.1.4.3 North America Others Market by Country
6.1.1.5 North America Plain Bearings Market by Country
6.1.1.6 North America Bearing Market by Plain Bearings Type
6.1.1.6.1 North America Journal Market by Country
6.1.1.6.2 North America Linear Market by Country
6.1.1.6.3 North America Thrust Market by Country
6.1.1.6.4 North America Others Market by Country
6.1.1.7 North America Others Market by Country
6.1.2 North America Bearing Market by Application
6.1.2.1 North America Automotive Market by Country
6.1.2.2 North America Mining & Construction Market by Country
6.1.2.3 North America Agriculture Market by Country
6.1.2.4 North America Electrical Market by Country
6.1.2.5 North America Railway & Aerospace Market by Country
6.1.2.6 North America Automotive Aftermarket Market by Country
6.1.2.7 North America Others Market by Country
6.1.3 North America Bearing Market by Country
6.1.3.1 US Bearing Market
6.1.3.1.1 US Bearing Market by Product
6.1.3.1.1.1 US Bearing Market by Ball Bearings Type
6.1.3.1.1.2 US Bearing Market by Roller Bearings Type
6.1.3.1.1.3 US Bearing Market by Plain Bearings Type
6.1.3.1.2 US Bearing Market by Application
6.1.3.2 Canada Bearing Market
6.1.3.2.1 Canada Bearing Market by Product
6.1.3.2.1.1 Canada Bearing Market by Ball Bearings Type
6.1.3.2.1.2 Canada Bearing Market by Roller Bearings Type
6.1.3.2.1.3 Canada Bearing Market by Plain Bearings Type
6.1.3.2.2 Canada Bearing Market by Application
6.1.3.3 Mexico Bearing Market
6.1.3.3.1 Mexico Bearing Market by Product
6.1.3.3.1.1 Mexico Bearing Market by Ball Bearings Type
6.1.3.3.1.2 Mexico Bearing Market by Roller Bearings Type
6.1.3.3.1.3 Mexico Bearing Market by Plain Bearings Type
6.1.3.3.2 Mexico Bearing Market by Application
6.1.3.4 Rest of North America Bearing Market
6.1.3.4.1 Rest of North America Bearing Market by Product
6.1.3.4.1.1 Rest of North America Bearing Market by Ball Bearings Type
6.1.3.4.1.2 Rest of North America Bearing Market by Roller Bearings Type
6.1.3.4.1.3 Rest of North America Bearing Market by Plain Bearings Type
6.1.3.4.2 Rest of North America Bearing Market by Application
6.2 Europe Bearing Market
6.2.1 Europe Bearing Market by Product
6.2.1.1 Europe Ball Bearings Market by Country
6.2.1.2 Europe Bearing Market by Ball Bearings Type
6.2.1.2.1 Europe Deep Groove Bearings Market by Country
6.2.1.2.2 Europe Others Market by Country
6.2.1.3 Europe Roller Bearings Market by Country
6.2.1.4 Europe Bearing Market by Roller Bearings Type
6.2.1.4.1 Europe Split Market by Country
6.2.1.4.2 Europe Tapered Market by Country
6.2.1.4.3 Europe Others Market by Country
6.2.1.5 Europe Plain Bearings Market by Country
6.2.1.6 Europe Bearing Market by Plain Bearings Type
6.2.1.6.1 Europe Journal Market by Country
6.2.1.6.2 Europe Linear Market by Country
6.2.1.6.3 Europe Thrust Market by Country
6.2.1.6.4 Europe Others Market by Country
6.2.1.7 Europe Others Market by Country
6.2.2 Europe Bearing Market by Application
6.2.2.1 Europe Automotive Market by Country
6.2.2.2 Europe Mining & Construction Market by Country
6.2.2.3 Europe Agriculture Market by Country
6.2.2.4 Europe Electrical Market by Country
6.2.2.5 Europe Railway & Aerospace Market by Country
6.2.2.6 Europe Automotive Aftermarket Market by Country
6.2.2.7 Europe Others Market by Country
6.2.3 Europe Bearing Market by Country
6.2.3.1 Germany Bearing Market
6.2.3.1.1 Germany Bearing Market by Product
6.2.3.1.1.1 Germany Bearing Market by Ball Bearings Type
6.2.3.1.1.2 Germany Bearing Market by Roller Bearings Type
6.2.3.1.1.3 Germany Bearing Market by Plain Bearings Type
6.2.3.1.2 Germany Bearing Market by Application
6.2.3.2 UK Bearing Market
6.2.3.2.1 UK Bearing Market by Product
6.2.3.2.1.1 UK Bearing Market by Ball Bearings Type
6.2.3.2.1.2 UK Bearing Market by Roller Bearings Type
6.2.3.2.1.3 UK Bearing Market by Plain Bearings Type
6.2.3.2.2 UK Bearing Market by Application
6.2.3.3 France Bearing Market
6.2.3.3.1 France Bearing Market by Product
6.2.3.3.1.1 France Bearing Market by Ball Bearings Type
6.2.3.3.1.2 France Bearing Market by Roller Bearings Type
6.2.3.3.1.3 France Bearing Market by Plain Bearings Type
6.2.3.3.2 France Bearing Market by Application
6.2.3.4 Russia Bearing Market
6.2.3.4.1 Russia Bearing Market by Product
6.2.3.4.1.1 Russia Bearing Market by Ball Bearings Type
6.2.3.4.1.2 Russia Bearing Market by Roller Bearings Type
6.2.3.4.1.3 Russia Bearing Market by Plain Bearings Type
6.2.3.4.2 Russia Bearing Market by Application
6.2.3.5 Spain Bearing Market
6.2.3.5.1 Spain Bearing Market by Product
6.2.3.5.1.1 Spain Bearing Market by Ball Bearings Type
6.2.3.5.1.2 Spain Bearing Market by Roller Bearings Type
6.2.3.5.1.3 Spain Bearing Market by Plain Bearings Type
6.2.3.5.2 Spain Bearing Market by Application
6.2.3.6 Italy Bearing Market
6.2.3.6.1 Italy Bearing Market by Product
6.2.3.6.1.1 Italy Bearing Market by Ball Bearings Type
6.2.3.6.1.2 Italy Bearing Market by Roller Bearings Type
6.2.3.6.1.3 Italy Bearing Market by Plain Bearings Type
6.2.3.6.2 Italy Bearing Market by Application
6.2.3.7 Rest of Europe Bearing Market
6.2.3.7.1 Rest of Europe Bearing Market by Product
6.2.3.7.1.1 Rest of Europe Bearing Market by Ball Bearings Type
6.2.3.7.1.2 Rest of Europe Bearing Market by Roller Bearings Type
6.2.3.7.1.3 Rest of Europe Bearing Market by Plain Bearings Type
6.2.3.7.2 Rest of Europe Bearing Market by Application
6.3 Asia Pacific Bearing Market
6.3.1 Asia Pacific Bearing Market by Product
6.3.1.1 Asia Pacific Ball Bearings Market by Country
6.3.1.2 Asia Pacific Bearing Market by Ball Bearings Type
6.3.1.2.1 Asia Pacific Deep Groove Bearings Market by Country
6.3.1.2.2 Asia Pacific Others Market by Country
6.3.1.3 Asia Pacific Roller Bearings Market by Country
6.3.1.4 Asia Pacific Bearing Market by Roller Bearings Type
6.3.1.4.1 Asia Pacific Split Market by Country
6.3.1.4.2 Asia Pacific Tapered Market by Country
6.3.1.4.3 Asia Pacific Others Market by Country
6.3.1.5 Asia Pacific Plain Bearings Market by Country
6.3.1.6 Asia Pacific Bearing Market by Plain Bearings Type
6.3.1.6.1 Asia Pacific Journal Market by Country
6.3.1.6.2 Asia Pacific Linear Market by Country
6.3.1.6.3 Asia Pacific Thrust Market by Country
6.3.1.6.4 Asia Pacific Others Market by Country
6.3.1.7 Asia Pacific Others Market by Country
6.3.2 Asia Pacific Bearing Market by Application
6.3.2.1 Asia Pacific Automotive Market by Country
6.3.2.2 Asia Pacific Mining & Construction Market by Country
6.3.2.3 Asia Pacific Agriculture Market by Country
6.3.2.4 Asia Pacific Electrical Market by Country
6.3.2.5 Asia Pacific Railway & Aerospace Market by Country
6.3.2.6 Asia Pacific Automotive Aftermarket Market by Country
6.3.2.7 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Bearing Market by Country
6.3.3.1 China Bearing Market
6.3.3.1.1 China Bearing Market by Product
6.3.3.1.1.1 China Bearing Market by Ball Bearings Type
6.3.3.1.1.2 China Bearing Market by Roller Bearings Type
6.3.3.1.1.3 China Bearing Market by Plain Bearings Type
6.3.3.1.2 China Bearing Market by Application
6.3.3.2 Japan Bearing Market
6.3.3.2.1 Japan Bearing Market by Product
6.3.3.2.1.1 Japan Bearing Market by Ball Bearings Type
6.3.3.2.1.2 Japan Bearing Market by Roller Bearings Type
6.3.3.2.1.3 Japan Bearing Market by Plain Bearings Type
6.3.3.2.2 Japan Bearing Market by Application
6.3.3.3 India Bearing Market
6.3.3.3.1 India Bearing Market by Product
6.3.3.3.1.1 India Bearing Market by Ball Bearings Type
6.3.3.3.1.2 India Bearing Market by Roller Bearings Type
6.3.3.3.1.3 India Bearing Market by Plain Bearings Type
6.3.3.3.2 India Bearing Market by Application
6.3.3.4 South Korea Bearing Market
6.3.3.4.1 South Korea Bearing Market by Product
6.3.3.4.1.1 South Korea Bearing Market by Ball Bearings Type
6.3.3.4.1.2 South Korea Bearing Market by Roller Bearings Type
6.3.3.4.1.3 South Korea Bearing Market by Plain Bearings Type
6.3.3.4.2 South Korea Bearing Market by Application
6.3.3.5 Singapore Bearing Market
6.3.3.5.1 Singapore Bearing Market by Product
6.3.3.5.1.1 Singapore Bearing Market by Ball Bearings Type
6.3.3.5.1.2 Singapore Bearing Market by Roller Bearings Type
6.3.3.5.1.3 Singapore Bearing Market by Plain Bearings Type
6.3.3.5.2 Singapore Bearing Market by Application
6.3.3.6 Malaysia Bearing Market
6.3.3.6.1 Malaysia Bearing Market by Product
6.3.3.6.1.1 Malaysia Bearing Market by Ball Bearings Type
6.3.3.6.1.2 Malaysia Bearing Market by Roller Bearings Type
6.3.3.6.1.3 Malaysia Bearing Market by Plain Bearings Type
6.3.3.6.2 Malaysia Bearing Market by Application
6.3.3.7 Rest of Asia Pacific Bearing Market
6.3.3.7.1 Rest of Asia Pacific Bearing Market by Product
6.3.3.7.1.1 Rest of Asia Pacific Bearing Market by Ball Bearings Type
6.3.3.7.1.2 Rest of Asia Pacific Bearing Market by Roller Bearings Type
6.3.3.7.1.3 Rest of Asia Pacific Bearing Market by Plain Bearings Type
6.3.3.7.2 Rest of Asia Pacific Bearing Market by Application
6.4 LAMEA Bearing Market
6.4.1 LAMEA Bearing Market by Product
6.4.1.1 LAMEA Ball Bearings Market by Country
6.4.1.2 LAMEA Bearing Market by Ball Bearings Type
6.4.1.2.1 LAMEA Deep Groove Bearings Market by Country
6.4.1.2.2 LAMEA Others Market by Country
6.4.1.3 LAMEA Roller Bearings Market by Country
6.4.1.4 LAMEA Bearing Market by Roller Bearings Type
6.4.1.4.1 LAMEA Split Market by Country
6.4.1.4.2 LAMEA Tapered Market by Country
6.4.1.4.3 LAMEA Others Market by Country
6.4.1.5 LAMEA Plain Bearings Market by Country
6.4.1.6 LAMEA Bearing Market by Plain Bearings Type
6.4.1.6.1 LAMEA Journal Market by Country
6.4.1.6.2 LAMEA Linear Market by Country
6.4.1.6.3 LAMEA Thrust Market by Country
6.4.1.6.4 LAMEA Others Market by Country
6.4.1.7 LAMEA Others Market by Country
6.4.2 LAMEA Bearing Market by Application
6.4.2.1 LAMEA Automotive Market by Country
6.4.2.2 LAMEA Mining & Construction Market by Country
6.4.2.3 LAMEA Agriculture Market by Country
6.4.2.4 LAMEA Electrical Market by Country
6.4.2.5 LAMEA Railway & Aerospace Market by Country
6.4.2.6 LAMEA Automotive Aftermarket Market by Country
6.4.2.7 LAMEA Others Market by Country
6.4.3 LAMEA Bearing Market by Country
6.4.3.1 Brazil Bearing Market
6.4.3.1.1 Brazil Bearing Market by Product
6.4.3.1.1.1 Brazil Bearing Market by Ball Bearings Type
6.4.3.1.1.2 Brazil Bearing Market by Roller Bearings Type
6.4.3.1.1.3 Brazil Bearing Market by Plain Bearings Type
6.4.3.1.2 Brazil Bearing Market by Application
6.4.3.2 Argentina Bearing Market
6.4.3.2.1 Argentina Bearing Market by Product
6.4.3.2.1.1 Argentina Bearing Market by Ball Bearings Type
6.4.3.2.1.2 Argentina Bearing Market by Roller Bearings Type
6.4.3.2.1.3 Argentina Bearing Market by Plain Bearings Type
6.4.3.2.2 Argentina Bearing Market by Application
6.4.3.3 UAE Bearing Market
6.4.3.3.1 UAE Bearing Market by Product
6.4.3.3.1.1 UAE Bearing Market by Ball Bearings Type
6.4.3.3.1.2 UAE Bearing Market by Roller Bearings Type
6.4.3.3.1.3 UAE Bearing Market by Plain Bearings Type
6.4.3.3.2 UAE Bearing Market by Application
6.4.3.4 Saudi Arabia Bearing Market
6.4.3.4.1 Saudi Arabia Bearing Market by Product
6.4.3.4.1.1 Saudi Arabia Bearing Market by Ball Bearings Type
6.4.3.4.1.2 Saudi Arabia Bearing Market by Roller Bearings Type
6.4.3.4.1.3 Saudi Arabia Bearing Market by Plain Bearings Type
6.4.3.4.2 Saudi Arabia Bearing Market by Application
6.4.3.5 South Africa Bearing Market
6.4.3.5.1 South Africa Bearing Market by Product
6.4.3.5.1.1 South Africa Bearing Market by Ball Bearings Type
6.4.3.5.1.2 South Africa Bearing Market by Roller Bearings Type
6.4.3.5.1.3 South Africa Bearing Market by Plain Bearings Type
6.4.3.5.2 South Africa Bearing Market by Application
6.4.3.6 Nigeria Bearing Market
6.4.3.6.1 Nigeria Bearing Market by Product
6.4.3.6.1.1 Nigeria Bearing Market by Ball Bearings Type
6.4.3.6.1.2 Nigeria Bearing Market by Roller Bearings Type
6.4.3.6.1.3 Nigeria Bearing Market by Plain Bearings Type
6.4.3.6.2 Nigeria Bearing Market by Application
6.4.3.7 Rest of LAMEA Bearing Market
6.4.3.7.1 Rest of LAMEA Bearing Market by Product
6.4.3.7.1.1 Rest of LAMEA Bearing Market by Ball Bearings Type
6.4.3.7.1.2 Rest of LAMEA Bearing Market by Roller Bearings Type
6.4.3.7.1.3 Rest of LAMEA Bearing Market by Plain Bearings Type
6.4.3.7.2 Rest of LAMEA Bearing Market by Application
Chapter 7. Company Profiles
7.1 AB SKF
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Acquisition and Mergers:
7.1.5.4 Business Expansions:
7.2 NSK Ltd.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Acquisition and Mergers:
7.2.5.3 Business Expansions:
7.3 NTN Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Acquisition and Mergers:
7.4 RBC Bearings, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Recent strategies and developments:
7.4.4.1 Acquisition and Mergers:
7.5 Rexnord Corporation (Regal Rexnord Corporation)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Acquisition and Mergers:
7.6 Schaeffler AG
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.5.3 Business Expansions:
7.7 The Timken Company
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.8 JTEKT Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Business Expansions:
7.9 Harbin Bearing Manufacturing Co. Ltd. (HRB Group)
7.9.1 Company Overview
7.10. HKT Bearings Limited
7.10.1 Company Overview

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