Market Overview:
The global high-speed 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 high-speed bearings in various applications, such as robot industry, CNC machine, aerospace and others. Additionally, the growing industrialization and urbanization are also contributing to the growth of this market.
Product Definition:
A bearing is a machine element that enables one object to rotate relative to another. The objects may be separated by a fluid (such as air or liquid), or they may be in direct contact with each other. High-speed bearings are designed to operate at speeds above 50,000 rpm. They have been specifically engineered to handle the high loads and extreme temperatures that are associated with these types of applications.
Ball Bearings:
Ball bearings are rolling elements used as a substitute for cylindrical roller bearings. They can be distinguished from their smaller size, higher speed of rotation, and the ability to work in both directions. Their small size allows them to fit into confined spaces where larger bearing would not fit.
They are mainly used in high-speed applications since they do not require lubrication and can operate at extreme temperatures without any damage occurring to the components or performance being affected in any way.
Sliding Bearings:
Sliding bearings are self-oscillating, rolling elements that can be moved in and out along a cylindrical surface. The two main types of sliding bearings include ball and roller. Ball bearings have rolling surfaces made up of balls; while roller bearings have cylindrical rolling surfaces made up of rollers or cages.
Application Insights:
The global high speed bearings market is segmented on the basis of application into industrial, CNC machine, aerospace and other applications. The others application segment includes automotive and robotics industry. The industrial application accounted for a major share in 2017 owing to the increasing demand from various industries such as mining, construction and metal processing.
High-performance bearings are used in robotaxis manufactured by companies including YUANMA Robotics Industry Co., Ltd., ABB Ltd., Midea Group Co., LTD.; they are also used in medical equipment & devices such as surgical robots made by Honda Motor Co., Ltd.; automation equipment such as material handling systems produced by Fanuc Corp.; along with mobile platforms like aerial drones manufactured by DJI Technology CO,. LTD.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing industrialization and rising adoption of automation in various industries, including automotive, manufacturing, electrical & electronics among others. Increasing demand for high-speed bearings from the rapidly expanding industrial sector will drive the market further.
The Asia Pacific was followed by Europe which accounted for around 28% of global revenue in 2017 owing to its well-established robot and automobile industries as well as aerospace industry that are projecteded grow at a significant rate over the forecast period.
North America is also anticipatedto witness considerable growth due to increasing investments by prominent players such as ABB Ltd.
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing demand for electric vehicles
- Rising need for energy-efficient bearings
- Increasing popularity of 3D printing technology
- Growing trend of miniaturization in various industries
Scope Of The Report
Report Attributes
Report Details
Report Title
High Speed Bearings Market Research Report
By Type
Ball Bearings, Sliding Bearings
By Application
Robot Industry, CNC Machine, Aerospace, Others
By Companies
SKF, Schaeffler, NSK, NTN, JTEKT, Timken, C&U, LYC, Nachi, NMB, SKF, ZWZ, RBC Bearings, HRB
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global High Speed Bearings Market Report Segments:
The global High Speed Bearings market is segmented on the basis of:
Types
Ball Bearings, Sliding Bearings
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
Robot Industry, CNC Machine, Aerospace, Others
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
- Schaeffler
- NSK
- NTN
- JTEKT
- Timken
- C&U
- LYC
- Nachi
- NMB
- SKF
- ZWZ
- RBC Bearings
- HRB
Highlights of The High Speed 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:
- Ball Bearings
- Sliding Bearings
- By Application:
- Robot Industry
- CNC Machine
- Aerospace
- Others
- 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 High Speed 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
- 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?
High Speed Bearings are a type of bearings that have been designed to operate at high speeds. They are often used in applications where high speed and accuracy is required, such as in motors and gears.
Some of the key players operating in the high speed bearings market are SKF, Schaeffler, NSK, NTN, JTEKT, Timken, C&U, LYC, Nachi, NMB, SKF, ZWZ, RBC Bearings, HRB.
The high speed 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 High Speed 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 High Speed Bearings Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 High Speed 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 High Speed 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 High Speed Bearings Market Size & Forecast, 2020-2028 4.5.1 High Speed Bearings Market Size and Y-o-Y Growth 4.5.2 High Speed 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 Ball Bearings
5.2.2 Sliding Bearings
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 Robot Industry
6.2.2 CNC Machine
6.2.3 Aerospace
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Speed 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 High Speed 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 Ball Bearings
9.6.2 Sliding Bearings
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 Robot Industry
9.10.2 CNC Machine
9.10.3 Aerospace
9.10.4 Others
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 Ball Bearings
10.6.2 Sliding Bearings
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 Robot Industry
10.10.2 CNC Machine
10.10.3 Aerospace
10.10.4 Others
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 Ball Bearings
11.6.2 Sliding Bearings
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 Robot Industry
11.10.2 CNC Machine
11.10.3 Aerospace
11.10.4 Others
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 Ball Bearings
12.6.2 Sliding Bearings
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 Robot Industry
12.10.2 CNC Machine
12.10.3 Aerospace
12.10.4 Others
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 Ball Bearings
13.6.2 Sliding Bearings
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 Robot Industry
13.10.2 CNC Machine
13.10.3 Aerospace
13.10.4 Others
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 High Speed Bearings Market: Competitive Dashboard
14.2 Global High Speed Bearings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SKF
14.3.2 Schaeffler
14.3.3 NSK
14.3.4 NTN
14.3.5 JTEKT
14.3.6 Timken
14.3.7 C&U
14.3.8 LYC
14.3.9 Nachi
14.3.10 NMB
14.3.11 SKF
14.3.12 ZWZ
14.3.13 RBC Bearings
14.3.14 HRB