Market Overview:
The global hydrostatic 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 hydrostatic bearings in various applications, such as electronic equipment, mechanical equipment, and others. In addition, the growing awareness about the benefits of using hydrostatic bearings is also contributing to the growth of this market.
Product Definition:
A hydrostatic bearing is a type of bearing that uses the pressure of a fluid to support a load. They are used in many applications where precision is important, such as in machine tools and medical equipment. Hydrostatic bearings have very low friction and can support loads with very little wear.
Radial Bearing:
Radial bearings are used in rotating machinery to reduce the friction between the surfaces of rotation and stationary parts. The radial force is applied by a cup or a race, which is mounted on an axle or shaft. As the name suggests, radial bearings are used for rolling and sliding applications; they do not require cross-axis alignment.
Thrust Bearing:
Thrust bearings are used in rotating machinery to translate the rotary motion into linear or radial movement. The main function of thrust bearings is to ensure that the engine, which may be mounted on either side of the frame, does not move when a load is applied.
The most common example of such a mechanism would be an automobile engine where it would require thrust bearings to keep its mounting bolts from spinning and causing damage to itself and other components.
Application Insights:
The mechanical equipment application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in demand from construction, mining and civil engineering industries for heavy-duty applications such as earthmoving machinery, dragline excavators, material handling systems and crushing plants.
The electronic equipment application segment is expected to witness significant growth during the forecast period owing to an increase in demand from medical devices manufacturing industry worldwide. Electronic hydrostatic bearings are used with hydraulic robots that are used for automated production lines in semiconductor foundries or machine tools where high precision is required along with repeatability and durability under heavy load conditions.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid industrialization, which has resulted in an increasing demand for high-quality bearings. China is one of the major manufacturing hubs of various types of bearing, owing to which it held a significant revenue share in 2017.
The growth can also be attributed to growing investments from foreign players such as Nidec Corporation; however, domestic manufacturers are also making considerable contributions by introducing new products and technologies at competitive prices. For instance, In January 2018, SKF released its ‘SKF 360’ initiative with an aim towards reducing carbon footprint through sustainable product development practices across all business units including Engineering & Industrial Products (EIP), Automotive & Transportation Products (ATP) and Power Transmission Product Group (PTG).
Growth Factors:
- Increasing demand from the end-user industries
- Growing awareness about the benefits of hydrostatic bearings over traditional bearings
- Technological advancements in hydrostatic bearing design and manufacturing processes
- Rising demand for energy-efficient and low-maintenance products across industries
- Growing popularity of hybrid vehicles that use hydrostatic bearings
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrostatic Bearing Market Research Report
By Type
Radial Bearing, Thrust Bearing, Radial Thrust Bearing
By Application
Electronic Equipment, Mechanical Equipment, Others
By Companies
ZOLLERN, Thomas, US-Korea Hotlink, URACA, Hytech, Suntech Engineering, Kingsbury
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Hydrostatic Bearing Market Report Segments:
The global Hydrostatic Bearing market is segmented on the basis of:
Types
Radial Bearing, Thrust Bearing, Radial Thrust 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
Electronic Equipment, Mechanical Equipment, 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:
- ZOLLERN
- Thomas
- US-Korea Hotlink
- URACA
- Hytech
- Suntech Engineering
- Kingsbury
Highlights of The Hydrostatic 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:
- Radial Bearing
- Thrust Bearing
- Radial Thrust Bearing
- By Application:
- Electronic Equipment
- Mechanical Equipment
- 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 Hydrostatic 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 hydrostatic bearing is a type of bearing that uses the pressure of water to keep it moving.
Some of the major players in the hydrostatic bearing market are ZOLLERN, Thomas, US-Korea Hotlink, URACA, Hytech, Suntech Engineering, Kingsbury.
The hydrostatic 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 Hydrostatic 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 Hydrostatic Bearing Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Hydrostatic 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 Hydrostatic 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 Hydrostatic Bearing Market Size & Forecast, 2020-2028 4.5.1 Hydrostatic Bearing Market Size and Y-o-Y Growth 4.5.2 Hydrostatic Bearing 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 Radial Bearing
5.2.2 Thrust Bearing
5.2.3 Radial Thrust Bearing
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 Electronic Equipment
6.2.2 Mechanical Equipment
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrostatic 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 Hydrostatic 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 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 Radial Bearing
9.6.2 Thrust Bearing
9.6.3 Radial Thrust 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 Market Size Forecast by Applications
9.10.1 Electronic Equipment
9.10.2 Mechanical Equipment
9.10.3 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 Radial Bearing
10.6.2 Thrust Bearing
10.6.3 Radial Thrust 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 Market Size Forecast by Applications
10.10.1 Electronic Equipment
10.10.2 Mechanical Equipment
10.10.3 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 Radial Bearing
11.6.2 Thrust Bearing
11.6.3 Radial Thrust 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 Market Size Forecast by Applications
11.10.1 Electronic Equipment
11.10.2 Mechanical Equipment
11.10.3 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 Radial Bearing
12.6.2 Thrust Bearing
12.6.3 Radial Thrust 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 Market Size Forecast by Applications
12.10.1 Electronic Equipment
12.10.2 Mechanical Equipment
12.10.3 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 Radial Bearing
13.6.2 Thrust Bearing
13.6.3 Radial Thrust 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) Market Size Forecast by Applications
13.10.1 Electronic Equipment
13.10.2 Mechanical Equipment
13.10.3 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 Hydrostatic Bearing Market: Competitive Dashboard
14.2 Global Hydrostatic Bearing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZOLLERN
14.3.2 Thomas
14.3.3 US-Korea Hotlink
14.3.4 URACA
14.3.5 Hytech
14.3.6 Suntech Engineering
14.3.7 Kingsbury