Market Overview:
The global main shaft bearing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automobiles and aircrafts, and rising investments in power plants. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into triple-row roller bearings, double-row tapered roller bearings, and others. Triple-row roller bearings are expected to dominate the global main shaft bearing market during the forecast period owing to their high load capacity and durability as compared to other types of bearings. On the basis of application, automotive is expected to be one of fastest growing segments duringthe forecast period owingto increasing demand for passenger carsand commercial vehicles across different regions worldwide.
Product Definition:
The Main Shaft Bearing is a critical component of the engine. It is responsible for supporting the main shaft, which in turn, supports the crankshaft. The Main Shaft Bearing must be in good condition in order for the engine to run smoothly.
Triple-row Roller Bearing:
Triple-row roller bearings are rolling elements with three rollers mounted in a single housing. The outermost roller may be of the plain or ball type, while the other two rollers may be of the cylindrical or hemispherical type. These bearing types are mainly used in applications that require high load carrying capacity and low speed such as heavy machinery and transportation equipment among others.
Double-row Tapered Roller Bearing:
Double-row tapered roller bearings are used in the main shafts of reciprocating engines, compressors, pumps and turbines. The design of these bearings is such that there are two rows of rollers; one above the other. The outermost row of rollers is mounted on a fixed plate or journal.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to maintain its lead over the forecast period. The global automotive industry has been growing significantly owing to increasing demand for vehicles from developing countries such as China, India and Brazil. Furthermore, technological advancements have also played a key role in boosting sales across various vehicle segments. For instance, self-driving cars are expected to transform transportation services around the world because they reduce operational costs while improving customer convenience.
The aerospace sector is also likely to register notable growth during the forecast period on account of rising passenger traffic at airports worldwide due largelyto increased air-traveling holidays due to low fares being offered by low-cost carriers (LCCs). In addition, Mainshaft Bearings Ltd., a U.K.
Regional Analysis:
Asia Pacific dominated the global main shaft bearing market in terms of revenue with a share of over 38% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing industrialization and rapid urbanization. In addition, rising disposable income coupled with an expanding population base will drive demand for automobiles, which will further propel industry expansion.
The Asia Pacific was followed by North America, which accounted for a share of more than 25% in 2017 owing to high product penetration levels across end-use industries such as automotive and aerospace. The U.S., being one of the largest automobile markets globally has led to increased product adoption across this region; thus propelling regional market development trends during the forecast period from 2018 to 2030 (estimated).
Europe also held a considerable market share due its large presence within manufacturing hubs such as Germany.
Growth Factors:
- Increasing demand from the automotive industry for Main Shaft Bearing is expected to drive the market growth.
- The increasing demand for electric vehicles is also anticipated to fuel the growth of Main Shaft Bearing market in near future.
- Growing industrialization and urbanization are some of the other factors that are expected to propel the growth of this market in forthcoming years.
- Rising disposable income of consumers is also projected to boost the sales of Main Shaft Bearing products over next few years.
- Technological advancements in bearing manufacturing process are likely to create new opportunities for this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Main Shaft Bearing Market Research Report
By Type
Triple-row Roller Bearing, Double-row Tapered Roller Bearing, Others
By Application
Automotive, Aerospace, Power Plant, Others
By Companies
SKF, XEZ, GMN Paul Müller Industrie GmbH & Co. KG, Timken Company, RICHMOND, Schaeffler Group USA Inc., RcBearings.com, Liebherr, Cooper Roller Bearing Co ltd, Luoyang Huipu Bearing Manufacturing Co., Ltd., Berlin Weiye (Beijing) Bearing Co., Ltd.
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Main Shaft Bearing Market Report Segments:
The global Main Shaft Bearing market is segmented on the basis of:
Types
Triple-row Roller Bearing, Double-row Tapered Roller Bearing, Others
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
Automotive, Aerospace, Power Plant, 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
- XEZ
- GMN Paul Müller Industrie GmbH & Co. KG
- Timken Company
- RICHMOND
- Schaeffler Group USA Inc.
- RcBearings.com
- Liebherr
- Cooper Roller Bearing Co ltd
- Luoyang Huipu Bearing Manufacturing Co., Ltd.
- Berlin Weiye (Beijing) Bearing Co., Ltd.
Highlights of The Main Shaft 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:
- Triple-row Roller Bearing
- Double-row Tapered Roller Bearing
- Others
- By Application:
- Automotive
- Aerospace
- Power Plant
- 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 Main Shaft 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
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- Consumer Insights
- Understanding Competition Scenario
- 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?
The main shaft bearing is a type of bearing that is used on the main shaft of a machine. It helps to keep the machine running smoothly by allowing it to move freely.
Some of the key players operating in the main shaft bearing market are SKF, XEZ, GMN Paul M¼ller Industrie GmbH & Co. KG, Timken Company, RICHMOND, Schaeffler Group USA Inc., RcBearings.com, Liebherr, Cooper Roller Bearing Co ltd, Luoyang Huipu Bearing Manufacturing Co., Ltd., Berlin Weiye (Beijing) Bearing Co., Ltd..
The main shaft 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 Main Shaft 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 Main Shaft Bearing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Main Shaft 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 Main Shaft 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 Main Shaft Bearing Market Size & Forecast, 2018-2028
4.5.1 Main Shaft Bearing Market Size and Y-o-Y Growth
4.5.2 Main Shaft Bearing Market Absolute $ Opportunity
Chapter 5 Global Main Shaft 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 Main Shaft Bearing Market Size Forecast by Type
5.2.1 Triple-row Roller Bearing
5.2.2 Double-row Tapered Roller Bearing
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Main Shaft 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 Main Shaft Bearing Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Power Plant
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Main Shaft 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 Main Shaft 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 Main Shaft Bearing Analysis and Forecast
9.1 Introduction
9.2 North America Main Shaft 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 Main Shaft Bearing Market Size Forecast by Type
9.6.1 Triple-row Roller Bearing
9.6.2 Double-row Tapered Roller Bearing
9.6.3 Others
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 Main Shaft Bearing Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Power Plant
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 Main Shaft Bearing Analysis and Forecast
10.1 Introduction
10.2 Europe Main Shaft 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 Main Shaft Bearing Market Size Forecast by Type
10.6.1 Triple-row Roller Bearing
10.6.2 Double-row Tapered Roller Bearing
10.6.3 Others
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 Main Shaft Bearing Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Power Plant
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 Main Shaft Bearing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Main Shaft 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 Main Shaft Bearing Market Size Forecast by Type
11.6.1 Triple-row Roller Bearing
11.6.2 Double-row Tapered Roller Bearing
11.6.3 Others
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 Main Shaft Bearing Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Power Plant
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 Main Shaft Bearing Analysis and Forecast
12.1 Introduction
12.2 Latin America Main Shaft 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 Main Shaft Bearing Market Size Forecast by Type
12.6.1 Triple-row Roller Bearing
12.6.2 Double-row Tapered Roller Bearing
12.6.3 Others
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 Main Shaft Bearing Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Power Plant
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) Main Shaft Bearing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Main Shaft 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) Main Shaft Bearing Market Size Forecast by Type
13.6.1 Triple-row Roller Bearing
13.6.2 Double-row Tapered Roller Bearing
13.6.3 Others
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) Main Shaft Bearing Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Power Plant
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 Main Shaft Bearing Market: Competitive Dashboard
14.2 Global Main Shaft Bearing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SKF
14.3.2 XEZ
14.3.3 GMN Paul Müller Industrie GmbH & Co. KG
14.3.4 Timken Company
14.3.5 RICHMOND
14.3.6 Schaeffler Group USA Inc.
14.3.7 RcBearings.com
14.3.8 Liebherr
14.3.9 Cooper Roller Bearing Co ltd
14.3.10 Luoyang Huipu Bearing Manufacturing Co., Ltd.
14.3.11 Berlin Weiye (Beijing) Bearing Co., Ltd.
