Market Overview:
The global washing machine bearing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for washing machines across the globe, coupled with the growing awareness about hygiene and cleanliness. In addition, technological advancements in washing machines are also contributing to the growth of this market. The global washing machine bearing market is segmented on the basis of type into small bearings and large bearings. The small bearings segment is expected to account for a larger share of the globalwashing machine bearingmarket thanthe large bearings segment duringthe forecast period from2018to2030 owingto their high demand in low-cost residential applications such as pulsators and rollers.
Product Definition:
A washing machine bearing is a type of bearing used in washing machines. They are typically made of brass or stainless steel and are lubricated with oil or grease. Washing machine bearings help to reduce wear on the drive shaft and other components of the machine.
Small Bearing:
Small bearing is the designation for a very small, almost insignificant, relative to the larger bearings that are used in various machinery. The term “small” is relative and depends on the application. For example, in automotive applications where size and weight are important factors; then small means smaller than average or lighter than average. In contrast, if we consider aerospace applications where high load factor is expected; then small would mean large but heavier than average.
Large Bearing:
Large bearing and it’s usage in washing machine bearing market is used for the smooth movement of the load in washing machine. These are also known as rolling bearings or fixed bearings. They are used to support the weight of washers, agitators, spindles and other parts inside a washing machine during its operation.
Application Insights:
The pulsator segment accounted for the largest share of over 50.0% in 2017 and is projected to witness significant growth during the forecast period. The high demand can be attributed to increasing consumer preference for a clean and hygienic environment, which encourages the use of advanced technology products such as washing machines. Moreover, technological advancements in product design coupled with growing urbanization are expected to propel industry expansion over the coming years.
The roller segment is anticipated to register a CAGR of XX% from 2018 to 2030 owing to increased production capacities across key economies including China, India.
Regional Analysis:
Asia Pacific dominated the global washing machine bearing market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing consumer spending on household appliances and rising disposable income of consumers. China, India, Japan, South Korea and Taiwan are some of the major countries that are likely to contribute towards regional growth over the next eight years.
The European washing machine bearing market is also anticipated to grow at a considerable rate over the forecast period due to growing demand for energy-efficient products along with technological advancements in product design and manufacturing processes used across various industry verticals including automotive and household appliances among others.
Growth Factors:
- Increasing demand from the automotive and industrial sectors
- Growing urbanization and rising disposable income of consumers in developing countries
- Technological advancements in washing machine bearings
- Rising awareness about the benefits of using washing machine bearings
- Growing demand for energy-efficient washing machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Washing Machine Bearing Market Research Report
By Type
Small Bearing, Large Bearing
By Application
Pulsator, Roller, Other
By Companies
SKF, ZKL Group, Koyo, NSK, Nachi-Fujikoshi, NTN Corporation, Timken Company, FAG, Schaeffler Germany, IDC Select
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Washing Machine Bearing Market Report Segments:
The global Washing Machine Bearing market is segmented on the basis of:
Types
Small Bearing, Large Bearing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pulsator, Roller, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SKF
- ZKL Group
- Koyo
- NSK
- Nachi-Fujikoshi
- NTN Corporation
- Timken Company
- FAG
- Schaeffler Germany
- IDC Select
Highlights of The Washing Machine Bearing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small Bearing
- Large Bearing
- By Application:
- Pulsator
- Roller
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Washing Machine Bearing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A washing machine bearing is a component that helps to keep the washing machine moving in a straight line. It also helps to prevent the washing machine from becoming stuck.
Some of the key players operating in the washing machine bearing market are SKF, ZKL Group, Koyo, NSK, Nachi-Fujikoshi, NTN Corporation, Timken Company, FAG, Schaeffler Germany, IDC Select.
The washing machine bearing market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Washing Machine Bearing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Washing Machine Bearing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Washing Machine Bearing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Washing Machine Bearing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Washing Machine Bearing Market Size & Forecast, 2018-2028
4.5.1 Washing Machine Bearing Market Size and Y-o-Y Growth
4.5.2 Washing Machine Bearing Market Absolute $ Opportunity
Chapter 5 Global Washing Machine Bearing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Washing Machine Bearing Market Size Forecast by Type
5.2.1 Small Bearing
5.2.2 Large Bearing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Washing Machine Bearing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Washing Machine Bearing Market Size Forecast by Applications
6.2.1 Pulsator
6.2.2 Roller
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Washing Machine Bearing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Washing Machine Bearing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Washing Machine Bearing Analysis and Forecast
9.1 Introduction
9.2 North America Washing Machine Bearing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Washing Machine Bearing Market Size Forecast by Type
9.6.1 Small Bearing
9.6.2 Large Bearing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Washing Machine Bearing Market Size Forecast by Applications
9.10.1 Pulsator
9.10.2 Roller
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Washing Machine Bearing Analysis and Forecast
10.1 Introduction
10.2 Europe Washing Machine Bearing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Washing Machine Bearing Market Size Forecast by Type
10.6.1 Small Bearing
10.6.2 Large Bearing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Washing Machine Bearing Market Size Forecast by Applications
10.10.1 Pulsator
10.10.2 Roller
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Washing Machine Bearing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Washing Machine Bearing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Washing Machine Bearing Market Size Forecast by Type
11.6.1 Small Bearing
11.6.2 Large Bearing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Washing Machine Bearing Market Size Forecast by Applications
11.10.1 Pulsator
11.10.2 Roller
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Washing Machine Bearing Analysis and Forecast
12.1 Introduction
12.2 Latin America Washing Machine Bearing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Washing Machine Bearing Market Size Forecast by Type
12.6.1 Small Bearing
12.6.2 Large Bearing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Washing Machine Bearing Market Size Forecast by Applications
12.10.1 Pulsator
12.10.2 Roller
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Washing Machine Bearing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Washing Machine Bearing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Washing Machine Bearing Market Size Forecast by Type
13.6.1 Small Bearing
13.6.2 Large Bearing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Washing Machine Bearing Market Size Forecast by Applications
13.10.1 Pulsator
13.10.2 Roller
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Washing Machine Bearing Market: Competitive Dashboard
14.2 Global Washing Machine Bearing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SKF
14.3.2 ZKL Group
14.3.3 Koyo
14.3.4 NSK
14.3.5 Nachi-Fujikoshi
14.3.6 NTN Corporation
14.3.7 Timken Company
14.3.8 FAG
14.3.9 Schaeffler Germany
14.3.10 IDC Select
