A research study titled, “Bearing Market by product Type - Global Industry Analysis and Forecast to 2022” published by Crystal Market Research, states that the bearing market is projected to be around $69.15 billion by 2022.
The global bearing market was evaluated around USD 33.00 billion in the 2012 and is expected to reach approximately USD 69.15 billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 6.89% over the forecast period. A bearing is an element of the machine that reduces friction between moving parts and cut down relative motion out of the desired motion. Bearing facilitates the required motion by reducing friction. Bearings are segmented widely on the basis of the operation type, the allowed motions, or to the direction guidelines of the loads (forces) employed to the parts. Bearings are also known to as anti-friction elements that decrease resistance and enhance the mobility of machine parts. These machine parts are extensively used in pumps, gearboxes, and automobiles. These components make easy effective machinery operations. They can vary from a huge diameter bearing to a series of slender bearings. Bearings are mostly used to achieve the purpose of friction reducing. The other fundamental functions involve sustaining weight, alleviating efficient power transmission, and securing appropriate alignment of the movable machine component.
The global bearing market is projected to demonstrate extensive growth with a decent compound annual growth rate over the forecast period of 2012 to 2022. Rising demand for auto components and automobiles has propelled the growth of the global bearings industry. Technological innovations like seal technologies, lightweight materials in high-performance products, and lubrication technology are generating massive opportunities for the players in global bearings market. Furthermore, the rise in demand for passenger cars and commercial vehicles in the developing countries involving China and India are anticipated to boost the growth of bearings market during the forecast period. The rise in the high-performance bearings demand has directed manufacturers to incorporate superior sensors units in the products concerning bearings industry. The sensor units assist in supporting digital supervising of rotation speed, axial movement, deceleration, acceleration and load-bearing capacity.
The key industry participants for the bearing market are; Schaeffler Group, NTN Corporation, SKF Group, NSK Global, JTEKT Corporation, and Timken. According to the products, the global market is split into, Ball Bearings: Deep Groove bearings and others; Roller Bearings: Split bearings, Tapered bearings and others; and others. By Application, the market industry is divided into; Automotive, Agriculture, Electrical, Mining & construction, Railway & Aerospace, Automotive Aftermarket, and Others. Geographically, the global bearing market is segmented into regions which are; Europe (Germany, Spain, Italy, France, UK and Rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea and Rest of Asia Pacific), North America (the United States, Mexico and Canada) and Rest of the World (Brazil, Saudi Arabia, South Africa, United Arab Emirates and Others).
Browse full research report with TOC on "Bearing Market by product Type - Global Industry Analysis and Forecast to 2022” at:
https://www.crystalmarketresearch.com/report/bearings-market
Key findings of the bearing market
New Generation Automotive Hub Bearing Market By Type (Gen.3, Others) and Application (Passenger Vehicle, Commercial Vehicle)- Global Industry Analysis & Forecast to 2027,The New Generation Automotive Hub Bearing Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period.New Generation Automotive Hub Bearing are designed to meet varied benefits for our esteemed automotive customers and other related industries as lubrication for life, front and rear wheels, sealing system,integrated with wheel flanges, integrated ABS sensor.
Slewing Bearing Market By Product Type (External Gear Type Slewing Bearings, Internal Gear Type Slewing Bearings, Non-gear Type Slewing Bearings), Applications (Renewable Equipment, Medical Equipment, Construction & Transit Equipment, Industrial Equipment)- Global Industry Analysis & Forecast to 2027,The Slewing Bearing Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period.Slewing Bearing is aring are with wide mouth and holes drilled in them to provide fixation to a structure. The seals can be provided between the rings to protect the rolling elements.These slewing bearing comes in designed range from single row ball or roller style, through double row ball or roller, triple row roller, combined.
Railway Bearing Market By Product Type (Roller Bearing, Ball Bearing, Plain Bearing) and Application (High Speed Trains, Mainline Trains, Metro Trains, Freight Trains, Special Trains)- Global Industry Analysis & Forecast to 2027,The Railway Bearing Markethas encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period.Railway bearinghelp to prevent a motion by controlling the vectors of normal forces that bear on the moving parts, these bearings facilitate the desired motion by minimizing friction.
Oilless Bearing Market by Type (Aluminum bronze, Cast iron, Brass, Copper alloy, Ptfe, Polyurethane, Polyacetal, Aromatic polyamide, Polyphenylene sulfide) Application (Steering, Powertrain, ATM, Fax, Water turbine, Garbage trucks, Robots, Wheel loaders) - Global Industry Analysis & Forecast to 2027,The Oilless Bearing Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Oilless Bearing are designed for high load, low speed applications and are made of rotational cast high-strength bronze using a specially formed graphite plug as lubricant. Oilless Bearing are mainly suitable for dry environments where contamination is a risk.
Single Ball Bearing Market by Type (Non-Metallic Materials, Metal Material) Application (Military Support Technology Industry, Aerospace, Automobile Industry, Heavy Industry, Railroad Industry) - Global Industry Analysis & Forecast to 2027,The Single Ball Bearing Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. A ball bearing is a type of rolling-element bearing that uses balls to maintain the separation between the bearing races. The goal of a ball bearing is to lessen friction in rotation and support radial and axial loads.
Four Point Contact Ball Bearing Market By Type (35 Degree, 45 Degree, Other) and Application (Gas Turbine, Jet Engine, Other) - Global Industry Analysis & Forecast to 2027,The Four Point Contact Ball Bearing Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. The Ball Bearing is a small metal ball, set in the middle of the moving piece of the machine empowering the parts to move easily. In fact, it makes the partition between the bearing races.
Dual Ball Bearing Market by Type (Non-Metallic Materials, Metal Material) Application (Military Support Technology Industry, Aerospace, Automobile Industry, Heavy Industry, Railroad Industry) - Global Industry Analysis & Forecast to 2027,The Dual Ball Bearing Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period.
Rolling Bearing Market by Type (Tapered, Spherical, Thrust, Needle, Cylindrical) Application (Electrical, Automotive, Energy & Power, Agriculture, Construction, Others) - Global Industry Analysis & Forecast to 2027,The rolling bearing market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Roller bearing is also known as rolling-element bearings are like metal balls in that they are intended to carry a load while limiting friction.
Viation Bearing Market By Type (Roller Bearing, Spherical Plain Bearings, Ball Bearings, and Other) and Application (Helicopter Starter Generators, Aircraft and Rotorcraft Components, Aircraft AC Generators, Other) - Global Industry Analysis & Forecast to 2027,The Viation Bearing Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. In navigation, bearing is the horizontal angle between the direction of an object and another object, or between it and that of true north.
Self-Lubricating Composite Bearing Market By Type (Metal Matrix based Composite Bearings & Fiber Matrix based Composite Bearings), Application (Transportation, Aerospace and Defense & Machinery and Equipment) - Global Industry Analysis & Forecast to 2027,Self-Lubricating Composite Bearing Market By Type (Metal Matrix based Composite Bearings & Fiber Matrix based Composite Bearings), Application (Transportation, Aerospace and Defense & Machinery and Equipment) - Global Industry Analysis & Forecast to 2027
Instrumented Bearing Market by Product Type (Ball Bearings, Roller Bearings, Plain Bearings, Other) End User (Automotive, Power Transmission Equipment, Oilfield Machinery, Aerospace Equipment, Construction Machinery, Farm and Garden Machinery, Other) - Global Industry Analysis & Forecast to 2027,The Instrumented Bearing Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period.
Automotive Bearing Market By Bearing Type (Specialized Bearings, Tapered Roller Bearings, Ball Thrust Bearings, Roller Thrust Bearings, Ball Bearing, Roller Bearings and Other Bearing Types), Sales Channel (Aftermarket and OEM) and Vehicle Type (Two-Wheeler, Heavy Commercial Vehicles, Luxury Passenger Cars, Light Commercial Vehicles, Mid-sized Passenger Cars, Premium Passenger Cars and Compact Passenger Cars) - Global Industry Analysis And Forecast To 2027,Bearing is the machine component that compels relative movement to just the ideal movement, and lessens friction prevailing between the moving parts. The structure of the bearing may, for instance, accommodate free straight motion of the moving part or with the expectation of complimentary revolution around the stationary axis; or, it might keep the movement by managing the vectors of the typical powers that support to the moving parts.
Publish Date : May 2023 Pages :145
Publish Date : May 2023 Pages :154
Publish Date : May 2023 Pages :154
Publish Date : May 2023 Pages :135
Publish Date : May 2023 Pages :105