Market Overview:
The global cylindrical roller thrust bearings 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 cylindrical roller thrust bearings from OEMs and aftermarket segments across the globe. Additionally, factors such as rising industrialization and urbanization are also contributing to the growth of this market. Based on type, steel cage cylindrical roller thrust bearings are expected to account for a major share of the global cylindrical roller thrust bearings market during the forecast period. This can be attributed to their high strength and durability as compared with brass cage cylindrical roller thrust bearings.
Product Definition:
A cylindrical roller thrust bearing is a type of rotational bearing. It uses cylindrical rollers as the main rolling elements between the shaft and housing.
Steel Cage:
Steel cage is a cylindrical metal casing that is used in bearings to support the rolling element. It has a wide range of applications including food processing, mining, and automotive industries. Steel cages are manufactured using various raw materials such as stainless steel, cast iron and carbon steel among others. The material selection depends on the application requirements as well as performance parameters such as weight tolerance and life span among others.
Brass Cage:
Brass cage is a metal tube that is used to hold the rolling element in place. It helps in increasing the strength of the cylindrical roller thrust bearings. The basic structure of brass cages consists of two plates, which are clamped by four bolts and held together with springs or screws.
The material composition for making brass cages varies according to requirements; however, it must be corrosion resistant.
Application Insights:
The OEMs accounted for more than 70% of the global revenue share in 2017. The growing demand for automotive components, particularly from the U.S., China and Germany, is expected to drive the product demand over the forecast period. Cylindrical roller thrust bearings are used in various applications including engine mounts, transmission shafts and universal joints as they provide high thrust capacity while maintaining low friction levels.
OEMs such as AGCO Corporation; Deere & Co.; John Deere; New Holland Agriculture Ltd.; Case IH Corporation; Midea Group Co., Ltd.; Kubota Corp.; and Veritiv Corp., among others offer cylindrical roller thrust bearings under brand names such as Power-One, Power-Two Plus, Power One Selectable Friction Control Series bearing respectively. These products are designed according to customer requirements which include size selection based on application needs along with other performance characteristics required by customers in agricultural machinery industry globally.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue in 2017. The region is expected to witness significant growth over the forecast period owing to rapid industrialization and increasing foreign investments. China, Japan, South Korea, India and Taiwan are some of the major countries that form Asia Pacific’s manufacturing hub.
The European regional market also held a considerable share of global revenue in 2017 due to early adoption by automotive OEMs coupled with high product quality standards set by Iveco-Torrot bearings Ltd., SKF Group AB and NSK Corporation (NTN). However, North America is projected to grow at a lucrative CAGR from 2018 till 2030 as several initiatives have been taken up across U.S., Canada and Mexico for developing automotive hubs along with an increase in R&D activities pertaining cylindrical roller thrust bearing technology for producing cost-effective products within short time spans. Moreover, growing demand for electric vehicles across U.S.
Growth Factors:
- Increasing demand from the automotive industry
- Growing demand for electric vehicles
- Rising industrialization in developing countries
- Technological advancements in bearing manufacturing process
- Growing awareness about the benefits of using cylindrical roller thrust bearings
Scope Of The Report
Report Attributes
Report Details
Report Title
Cylindrical Roller Thrust Bearings Market Research Report
By Type
Steel Cage, Brass Cage
By Application
OEMs, Aftermarket
By Companies
SKF AB, Schaeffler Group, THK Company Limited, NSK Limited, JTEKT Corporation, Nachi-Fujikoshi Corporation, RBC Bearings Incorporated, Timken Company, Luoyang Lyc Bearing Company Limited, Federal-Mogul Holdings Corporation, SKF AB
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Cylindrical Roller Thrust Bearings Market Report Segments:
The global Cylindrical Roller Thrust Bearings market is segmented on the basis of:
Types
Steel Cage, Brass Cage
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
OEMs, Aftermarket
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 AB
- Schaeffler Group
- THK Company Limited
- NSK Limited
- JTEKT Corporation
- Nachi-Fujikoshi Corporation
- RBC Bearings Incorporated
- Timken Company
- Luoyang Lyc Bearing Company Limited
- Federal-Mogul Holdings Corporation
- SKF AB
Highlights of The Cylindrical Roller Thrust Bearings 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:
- Steel Cage
- Brass Cage
- By Application:
- OEMs
- Aftermarket
- 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 Cylindrical Roller Thrust Bearings 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
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- Consumer Insights
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- Product & Brand Management
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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?
Cylindrical roller thrust bearings are a type of thrust bearing that is used in applications where high speeds and loads are present. They are often used in aircraft engines, space vehicles, and other machinery. Cylindrical roller thrust bearings have a cylindrical shape and use two sets of rollers to provide motion.
Some of the major companies in the cylindrical roller thrust bearings market are SKF AB, Schaeffler Group, THK Company Limited, NSK Limited, JTEKT Corporation, Nachi-Fujikoshi Corporation, RBC Bearings Incorporated, Timken Company, Luoyang Lyc Bearing Company Limited, Federal-Mogul Holdings Corporation, SKF AB.
The cylindrical roller thrust bearings 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 Cylindrical Roller Thrust Bearings 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 Cylindrical Roller Thrust Bearings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cylindrical Roller Thrust Bearings 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 Cylindrical Roller Thrust Bearings 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 Cylindrical Roller Thrust Bearings Market Size & Forecast, 2020-2028
4.5.1 Cylindrical Roller Thrust Bearings Market Size and Y-o-Y Growth
4.5.2 Cylindrical Roller Thrust Bearings Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Steel Cage
5.2.2 Brass Cage
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cylindrical Roller Thrust Bearings 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 Cylindrical Roller Thrust Bearings 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Steel Cage
9.6.2 Brass Cage
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 Market Size Forecast by Applications
9.10.1 OEMs
9.10.2 Aftermarket
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Steel Cage
10.6.2 Brass Cage
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 Market Size Forecast by Applications
10.10.1 OEMs
10.10.2 Aftermarket
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Steel Cage
11.6.2 Brass Cage
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 Market Size Forecast by Applications
11.10.1 OEMs
11.10.2 Aftermarket
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Steel Cage
12.6.2 Brass Cage
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 Market Size Forecast by Applications
12.10.1 OEMs
12.10.2 Aftermarket
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Steel Cage
13.6.2 Brass Cage
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) Market Size Forecast by Applications
13.10.1 OEMs
13.10.2 Aftermarket
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 Cylindrical Roller Thrust Bearings Market: Competitive Dashboard
14.2 Global Cylindrical Roller Thrust Bearings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SKF AB
14.3.2 Schaeffler Group
14.3.3 THK Company Limited
14.3.4 NSK Limited
14.3.5 JTEKT Corporation
14.3.6 Nachi-Fujikoshi Corporation
14.3.7 RBC Bearings Incorporated
14.3.8 Timken Company
14.3.9 Luoyang Lyc Bearing Company Limited
14.3.10 Federal-Mogul Holdings Corporation
14.3.11 SKF AB
