Global Roller Bearing Market Growth 2023-2029

Global Roller Bearing Market Growth 2023-2029

Roller Bearings are a type of rolling-element bearing that uses cylinders (rollers) to maintain the separation between the moving parts of the bearing (as opposed to using balls as the rolling element). The purpose of a roller bearing is to reduce rotational friction and support radial and axial loads. Compared to ball bearings, roller bearings can support heavy radial loads and limited axial loads (parallel to the shaft).

LPI (LP Information)' newest research report, the “Roller Bearing Industry Forecast” looks at past sales and reviews total world Roller Bearing sales in 2022, providing a comprehensive analysis by region and market sector of projected Roller Bearing sales for 2023 through 2029. With Roller Bearing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Roller Bearing industry.

This Insight Report provides a comprehensive analysis of the global Roller Bearing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Roller Bearing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Roller Bearing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Roller Bearing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Roller Bearing.

The global Roller Bearing market size is projected to grow from US$ 21160 million in 2022 to US$ 30990 million in 2029; it is expected to grow at a CAGR of 30990 from 2023 to 2029.

Global core Roller Bearing manufacturers include SKF, Schaeffler etc.The top 5 companies hold a share about 60%.Europe is the largest market, with a share about 24%, followed by China and North America with the share about 23% and 19%.

This report presents a comprehensive overview, market shares, and growth opportunities of Roller Bearing market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Taper Roller Bearing

Cylindrical Roller Bearing

Needle Roller Bearing

Others

Segmentation by application

Industrial Equipment

Automotive

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

SKF

Schaeffler

NSK

NTN

JTEKT

Timken

C&U

LYC

Nachi

NMB

TMB

ZWZ

RBC Bearings

HRB

ZXY

Wanxiang Qianchao

Key Questions Addressed in this Report

What is the 10-year outlook for the global Roller Bearing market?

What factors are driving Roller Bearing market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Roller Bearing market opportunities vary by end market size?

How does Roller Bearing break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.