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Europe Bearing Market Research Report Forecast to 2030

Best Price Guarantee Length Publisher Published Date SKU
from $2,950 106 Pages Market Research Future September, 2023 RESFT18188182
Best Price Guarantee
Price from $2,950
Length 106 Pages
Publisher Market Research Future
Published Date September, 2023
SKU RESFT18188182

Europe Bearing Market Research Report Forecast to 2030


Major Players
The European bearing market is a significant sector of the mechanical power transmission industry, providing essential components for a wide range of machinery and equipment. Bearings are used to reduce friction and support the rotation of various parts, including shafts, wheels, and gears, in a vast array of applications such as automotive, aerospace, industrial machinery, and wind turbines.

The Europe bearing market is driven by various factors such as the growing need for reliable and durable machinery, increasing demand from various end-use industries, technological advancements, and the expansion of the automotive and aerospace sectors. However, the market faces challenges such as the volatility in raw material prices and the presence of counterfeit products. The market is highly competitive, with established players dominating the market. The market is also consolidated, with a few large players holding a significant market share.

The Europe bearing market was valued at USD 14,774.65 million in 2022 and expected to reach USD 22,050.47 million by 2030, registering a CAGR of 5.21% over the forecast duration. Germany accounts for the largest market share (27.59%) followed by the UK (19.32%) and France (14.01%).

Market Segmentation
Based on the product type, the market has been segmented into plain bearing, ball bearing, roller bearing, linear bearing, fluid bearing, and others.

Based on application, the bearing market has been segmented into automotive (passenger vehicles and commercial vehicles), electronics, aerospace and defense, construction, and others. Based on the material type, the market has been segmented into steel (wire & rod, bar, billets, and others), ceramic, polymer plastic and hybrid.

Regional Analysis
Germany is the largest bearing market in Europe, and it is expected to continue to dominate during the forecast period. The growth of the bearing market in Germany is driven by the increasing demand for bearings in the automotive, machinery, and aerospace industries.

The UK is the second-largest bearing market in Europe, and it is expected to grow at a significant rate due to the increasing demand for bearings in the automotive and aerospace industries.

France is the third-largest bearing market in Europe, and it is expected to grow at a steady rate due to the increasing demand for bearings in the automotive, aerospace, and defense industries.

Spain is expected to grow at a significant rate due to the increasing demand for bearings in the automotive and construction industries.

Major Players
The key players in the European bearing market are Schaeffler AG, AB SKF, JTEKT Corporation, NTN Corporation, NSK Ltd., and Timken.

Companies Mentioned
Schaeffler AG
AB SKF
JTEKT Corporation
NTN Corporation
NSK Ltd.
and Timken.

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


1 Executive Summary 11
1.1 Europe Bearing Market, By Product Type 13
1.2 Europe Bearing Market, By Application 14
1.3 Europe Bearing Market, By Material Type 15
2 Market Introduction 16
2.1 Definition 16
2.2 Scope Of The Study 16
2.3 Market Structure 17
2.4 Key Buying Criteria 17
3 Research Methodology 18
3.1 Research Process 18
3.2 Primary Research 19
3.3 Secondary Research 20
3.4 Market Size Estimation 21
3.5 Top Down & Bottom-up Approach 21
3.6 Forecast Model 22
3.7 List Of Assumptions 23
4 Market Dynamics 24
4.1 Introduction 24
4.2 Drivers 25
4.2.1 Expansion Of Various End-use Industries In The Region 25
4.2.2 Increasing Demand For Automation 25
4.2.3 Drivers Impact Analysis 26
4.3 Restraints 26
4.3.1 Volatility In Raw Material Prices 26
4.3.2 Restraints Impact Analysis 27
4.4 Opportunities 27
4.4.1 Technological Advancements 27
4.5 Impact Of Covid-19 On Global Economy 28
4.6 Impact Of Covid-19 On The Europe Bearing Market 28
4.7 Supply Chain Impact 29
4.7.1 Impact On Manufacturer/Developer 29
4.7.2 Impact On Component/Services Supplier 29
4.7.3 Impact On Distribution/Logistics 29
5 Market Factor Analysis 30
5.1 Supply/Value Chain Analysis 30
5.1.1 Raw Materials 31
5.1.2 Manufacturing 31
5.1.3 Distribution & Retailers 31
5.1.4 End-users 31
5.2 Porter’s Five Forces Model 32
5.2.1 Threat Of New Entrants 32
5.2.2 Bargaining Power Of Suppliers 33
5.2.3 Bargaining Power Of Buyers 33
5.2.4 Threat Of Substitutes 33
5.2.5 Intensity Of Rivalry 33
6 Europe Bearing Market, By Product Type 34
6.1 Overview 34
6.2 Europe Bearing Market Size, Market Estimates & Forecast By Product Type, 2019-2030 35
6.2.1 Europe Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 35
7 Europe Bearing Market, By Application 36
7.1 Overview 36
7.2 Europe Bearing Market Size, Market Estimates & Forecast By Application, 2019-2030 37
7.2.1 Europe Bearing Market Size: Market Estimates & Forecast By Application, 2019-2030 37
8 Europe Bearing Market, By Material Type 39
8.1 Overview 39
8.2 Europe Bearing Market Size, Market Estimates & Forecast By Material Type, 2019-2030 40
8.2.1 Europe Bearing Market Size: Market Estimates & Forecast By Material Type, 2019-2030 40
9 Europe Bearing Market, By Country 42
9.1 Overview 42
9.2 Germany 44
9.2.1 Germany Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 44
9.3 Uk 47
9.3.1 Uk Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 47
9.4 France 49
9.4.1 France Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 49
9.5 Spain 52
9.5.1 Spain Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 52
9.6 Italy 54
9.6.1 Italy Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 54
9.7 Belgium 57
9.7.1 Belgium Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 57
9.8 Netherlands 59
9.8.1 Netherlands Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 59
9.9 Rest Of Europe 62
9.9.1 Rest Of Europe Bearing Market Size: Market Estimates & Forecast By Product Type, 2019-2030 62
10 Competitive Landscape 65
10.1 Competitive Overview 65
10.2 Competitive Benchmarking 66
10.3 Major Players In The Europe Bearing Market 67
10.4 Leading Players In Terms Of The Number Of Developments In The Europe Bearing Market 67
10.5 Key Developments & Growth Strategies 68
10.5.1 Product Launch/Product Development 68
10.5.2 Acquisition/Partnership 69
11 Company Profiles 70
11.1 Ab Skf 70
11.1.1 Company Overview 70
11.1.2 Financial Overview 71
11.1.3 Products Offered 71
11.1.4 Key Developments 73
11.1.5 Swot Analysis 73
11.1.6 Key Strategies 73
11.2 Schaeffler Ag 74
11.2.1 Company Overview 74
11.2.2 Financial Overview 75
11.2.3 Products Offered 76
11.2.4 Key Developments 77
11.2.5 Swot Analysis 77
11.2.6 Key Strategies 77
11.3 Nsk Ltd. 78
11.3.1 Company Overview 78
11.3.2 Financial Overview 79
11.3.3 Products Offered 79
11.3.4 Key Developments 81
11.3.5 Swot Analysis 81
11.3.6 Key Strategies 81
 
11.4 Ntn Corporation 82
11.4.1 Company Overview 82
11.4.2 Financial Overview 83
11.4.3 Products/Services Offered 83
11.4.4 Key Developments 85
11.4.5 Swot Analysis 85
11.4.6 Key Strategies 85
11.5 Rbc Bearings Inc. 86
11.5.1 Company Overview 86
11.5.2 Financial Overview 87
11.5.3 Products/Services Offered 87
11.5.4 Key Developments 88
11.5.5 Swot Analysis 88
11.5.6 Key Strategies 88
11.6 Regal Rexnord Corp 89
11.6.1 Company Overview 89
11.6.2 Financial Overview 90
11.6.3 Products/Services Offered 90
11.6.4 Key Developments 91
11.6.5 Swot Analysis 91
11.6.6 Key Strategies 91
11.7 The Timken Company 92
11.7.1 Company Overview 92
11.7.2 Financial Overview 93
11.7.3 Products/Services Offered 93
11.7.4 Key Developments 94
11.7.5 Swot Analysis 95
11.7.6 Key Strategies 95
11.8 Jtekt Corporation 96
11.8.1 Company Overview 96
11.8.2 Financial Overview 97
11.8.3 Products/Services Offered 97
11.8.4 Key Developments 99
11.8.5 Swot Analysis 99
11.8.6 Key Strategies 99
 
11.9 Harbin Bearing Manufacturing Co., Ltd. 100
11.9.1 Company Overview 100
11.9.2 Financial Overview 100
11.9.3 Products Offered 100
11.9.4 Key Developments 101
11.9.5 Swot Analysis 101
11.9.6 Key Strategies 101
11.10 Rubix Group 102
11.10.1 Company Overview 102
11.10.2 Financial Overview 103
11.10.3 Products Offered 103
11.10.4 Key Developments 104
11.10.5 Swot Analysis 104
11.10.6 Key Strategies 104
12 Appendix 105
12.1 References 105
 
List Of Tables
Table 1 List Of Assumptions 23
Table 2 Europe Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 35
Table 3 Europe Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 37
Table 4 Europe Bearing Market Estimates & Forecast, By Automotive Application, 2019-2030 (Usd Million) 38
Table 5 Europe Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 40
Table 6 Europe Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Thousand Tons) 41
Table 7 Europe Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 41
Table 8 Europe Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 41
Table 9 Europe Bearing Market Size, By Country, 2019-2030 (Usd Million) 44
Table 10 Germany Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 44
Table 11 Germany Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 45
Table 12 Germany Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 45
Table 13 Germany Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Thousand Tons) 46
Table 14 Germany Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 46
Table 15 Germany Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 46
Table 16 Uk Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 47
Table 17 Uk Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 47
Table 18 Uk Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 48
Table 19 Uk Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Thousand Tons) 48
Table 20 Uk Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 48
Table 21 Uk Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 49
Table 22 France Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 49
Table 23 France Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 50
Table 24 France Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 50
Table 25 France Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 51
Table 26 France Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 51
Table 27 France Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 51
Table 28 Spain Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 52
Table 29 Spain Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 52
Table 30 Spain Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 53
Table 31 Spain Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 53
Table 32 Spain Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 53
Table 33 Spain Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 54
Table 34 Italy Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 54
Table 35 Italy Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 55
Table 36 Italy Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 55
Table 37 Italy Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Thousand Tons) 56
Table 38 Italy Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 56
Table 39 Italy Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 56
Table 40 Belgium Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 57
Table 41 Belgium Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 57
Table 42 Belgium Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 58
Table 43 Belgium Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 58
Table 44 Belgium Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 58
Table 45 Belgium Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 59
Table 46 Netherlands Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 59
Table 47 Netherlands Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 60
Table 48 Netherlands Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 60
Table 49 Netherlands Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 61
Table 50 Netherlands Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 61
Table 51 Netherlands Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 61
Table 52 Rest Of Europe Bearing Market Estimates & Forecast, By Product Type, 2019-2030 (Usd Million) 62
Table 53 Rest Of Europe Bearing Market Estimates & Forecast, By Application, 2019-2030 (Usd Million) 62
Table 54 Rest Of Europe Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 63
Table 55 Rest Of Europe Bearing Market Estimates & Forecast, By Material Type, 2019-2030 (Usd Million) 63
Table 56 Rest Of Europe Bearing Market Estimates & Forecast, By Steel Material Type, 2019-2030 (Thousand Tons) 64
Table 57 Rest Of Europe Bearing Market Estimates & Forecast, By Steel Grade, 2019-2030 (Thousand Tons) 64
Table 58 Major Players In The Europe Bearing Market 67
Table 59 The Most Active Players In The Europe Bearing Market 67
Table 60 Product Launch/Product Development 68
Table 61 Acquisition/ Partnership 69
Table 62 Ab Skf: Products Offered 71
Table 63 Ab Skf: Key Developments 73
Table 64 Schaeffler Ag: Products Offered 76
Table 65 Schaeffler Ag: Key Developments 77
Table 66 Nsk Ltd.: Products Offered 79
Table 67 Nsk Ltd.: Key Developments 81
Table 68 Ntn Corporation: Products/Services Offered 83
Table 69 Ntn Corporation: Key Developments 85
Table 70 Rbc Bearings Inc.: Products/Services Offered 87
Table 71 Regal Rexnord Corp: Products/Services Offered 90
Table 72 The Timken Company: Products Offered 93
Table 73 The Timken Company: Key Developments 94
Table 74 Jtekt Corporation: Products/Services Offered 97
Table 75 Jtekt Corporation: Key Developments 99
Table 76 Harbin Bearing Manufacturing Co., Ltd.: Products Offered 100
Table 77 Rubix Group: Products Offered 103
List Of Figures
Figure 1 Market Synopsis 12
Figure 2 Europe Bearing Market Analysis By Product Type 13
Figure 3 Europe Bearing Market Analysis By Application 14
Figure 4 Europe Bearing Market Analysis By Material Type 15
Figure 5 Europe Bearing Market: Market Structure 17
Figure 6 Key Buying Criteria Of Bearing 17
Figure 7 Research Process Of Mrfr 18
Figure 8 Dro Analysis Of Europe Bearing Market 24
Figure 9 Drivers Impact Analysis: Bearing Market 26
Figure 10 Restraints Impact Analysis: Bearing Market 27
Figure 11 Supply / Value Chain: Europe Bearing Market 30
Figure 13 Europe Bearing Market, By Product Type, 2022 (% Share) 34
Figure 14 Europe Bearing Market, By Product Type, 2019 To 2030 (Usd Million) 35
Figure 15 Europe Bearing Market, By Application, 2022 (% Share) 36
Figure 16 Europe Bearing Market, By Application, 2019 To 2030 (Usd Million) 37
Figure 17 Europe Bearing Market, By Material Type, 2022 (% Share) 39
Figure 18 Europe Bearing Market, By Application, 2019 To 2030 (Usd Million) 40
Figure 19 Europe Bearing Market, By Region, 2022 To 2030 (Usd Million) 42
Figure 20 Europe Bearing Market, By Country, 2022 (% Share) 43
Figure 21 Benchmarking Of Major Competitors 66
Figure 22 Ab Skf: Financial Overview Snapshot 71
Figure 23 Ab Skf: Swot Analysis 73
Figure 24 Schaeffler Ag: Financial Overview Snapshot 75
Figure 25 Schaeffler Ag: Swot Analysis 77
Figure 26 Nsk Ltd.: Financial Overview Snapshot 79
Figure 27 Nsk Ltd.: Swot Analysis 81
Figure 28 Ntn Corporation: Financial Overview Snapshot 83
Figure 29 Ntn Corporation: Swot Analysis 85
Figure 30 Rbc Bearings Inc.: Financial Overview Snapshot 87
Figure 31 Rbc Bearings Inc.: Swot Analysis 88
Figure 32 Regal Rexnord Corp: Financial Overview Snapshot 90
Figure 33 Regal Rexnord Corp: Swot Analysis 91
Figure 34 The Timken Company: Financial Overview Snapshot 93
Figure 35 The Timken Company: Swot Analysis 95
Figure 36 Jtekt Corporation: Financial Overview Snapshot 97
Figure 37 Jtekt Corporation: Swot Analysis 99
Figure 38 Harbin Bearing Manufacturing Co., Ltd.: Swot Analysis 101
Figure 39 Rubix Group: Financial Overview Snapshot 103
Figure 40 Rubix Group: Swot Analysis 104

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