M a r k e t N e w s

New report examines the Bearing Market dynamics, forecast and supply demand 2015-2020

Posted on : Thursday, 6th October 2016

 Bearing is an essential part of machinery which helps to reduce the friction of motion and increases the smoothness of machine. Bearings are widely use in automotive industry which helps to increase the speed of vehicle. Bearing reduces the friction between fixed and moving machine parts. However, it requires consistent maintenance to prevent early failure. The desperate need for energy-efficient vehicles and the expanding demand for bearings from the defense and aerospace industry increase the importance of bearing.

 
Bearing market is mainly driven by growing automotive market across the world. Strong growth of automotive sector in Asia Pacific region is expected to further drive the demand for bearing market through forecast period. The rising demand across various application sectors such as industrial, railways and aerospace sector is expected to witness a substantial growth during the forecast period. Development of seal technologies, light weight elements in high performance bearings and lubrication technologies gives some market growth opportunities.
 
The report covers forecast and analysis for the bearing market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2014 to 2020 based on revenue (USD Billion). The report also offers detailed competitive landscape of the global bearing market. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the bearing market based on product, application segment and region. On the basis of product, the global bearing market is segmented into ball bearing, plain bearing and roller bearing. The ball bearing product segment of bearing market is the fastest growing segment of bearing market through the forecast period due to its advantages like smaller surface contact and less friction.
 
Automotive, agriculture, electrical, mining & construction, railway & aerospace and other applications are the key applications involved in the bearing market. Bearing applications in motor vehicles that is automotive held the highest revenue share in 2014. Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report also provides further bifurcation of region on the country level. Major countries analyzed in this reports are U.S., Germany, France, UK, China, Japan, India, and Brazil. Asia Pacific was the dominating region in the global market of bearing in 2014 due to booming automobile industry in this region. Asia Pacific is followed by Europe and North America.
 
The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Wafangdian Bearing Co. Ltd, Rexnord Corporation, NTN Corporation, C&U Group, The Timken Company Brammer PLC, Schaeffler Group, SKF Group, JTEKT Corporation, and The Timken Company NSK Ltd.

Source : www.openpr.com
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Complete List  

Advertisers in previous issue:

  • TOTACHI INDUSTRIAL CO. LTD is an esteemed Japanese company that provides a comprehensive range of lubrication products for commercial and consumer applications.
  • Exporters of Genuine & Non Geuine Parts for Japanese Cars.
  • ANAM Motors Co., Ltd., has been expanding its areas into many markets of Auto motive Spare Parts in worldwide from the establishment year of 1998.
  • It is the largest manufacturer of Premium Quality Lipe brand clutches for the commercial vehicles in India.
  • Tyre makers.
  • Fowlers Parts supply genuine original spare parts
  • Rolman World is one of the largest and most established distributors of bearings and related technical services in the Middle East and Africa.
  • DM is one of the leading manufacturer specialized in reflective material in the world, which is only one manufacturer that not only produce personal safety production but also produce traffic safety production in China.
  • Nordic Trailers Ltd we pride ourselves on importing and selling world leading car trailers from Respo.
  • JNBK Corporation is a trusted leading manufacturer for top quality brakes with a widest range of products covering main applications for Japan, Europe & Americas.
  • GUANGZHOU YIFENG AUTO PARTS MANUFACTURING CO., LTD. is a professional manufacturer and distributor of automotive filters, mainly specializing in all kinds of oil filters, fuel filters and air filters.
  • Manufacturer of extensive range of clamps, connectors and fasteners.
  • China Jiangsu Dongxing Auto Decorations Co.,Ltd,established in 1989,the manufacturer of cabin and body parts for truck Mercedes-Benz, Volvo,Scania,Man,Iveco,Daf and Renault.
  • Fuel Saver
  • Pensol Industries Limited has a wide range of products, both in Automotive and Industrial lubricants
  • We are producing six categories and nearly one thousand kinds and sizes of bias tyre, OTR tyre, radial tyre, Industrial tyre, agricultural tyre and solid tyre.
  • Meizhou Jinda Auto Parts Co.,Ltd. is a state-owned enterprise ,specializing in manufacturing auto clutch disc and brake.
  • Specialized in development, design, manufacture and sale of steel wheel of the truck and trailer and bus,etc.
  • Boston Garage Equipment Ltd is a leading suppliers of a superb range of vehicle workshop equipment.
  • Wheel bearing / Hub units,Water pump bearings,Deep grove ball bearings;Strut bearings;Heavy duty truck tapers;Tensioner bearings
  • Yellow stone diesel-One of the leading manufacturers of engine parts.
  • Car garage equipment
  • Zhenjiang Huixiang Light&Electrical Co.,Ltd.), which located in Zhenjiang, Jiangsu Province of China, specialize in producing auto&motorcycle bulbs.
  • Our corporation is an important motorcycle production base in southern China.
  • Product includes Braking, Steering, Suspension, Filtration, Transmission, Cooling, Heating, Electrical, Engine, Lubricants, Chemicals, Wiping, Lighting etc.
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