Market Overview:
The global motor bearing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and rising industrial automation across the globe. In terms of type, the rolling bearing segment is expected to hold a major share of the global motor bearing market during the forecast period. This can be attributed to its high efficiency and low noise levels as compared to other types of bearings. By application, control motors are expected to hold a major share of the global motor bearing market during the forecast period.
Product Definition:
A motor bearing is a type of bearing used to support the shaft of a rotating machine. The shaft is mounted in the bearings and rotates while the bearings remain stationary. Motor bearings are typically made from high-quality steel and are designed to withstand heavy loads.
Rolling Bearing:
Rolling bearings are used in various applications such as cranes, automobiles, construction equipment and others. The primary function of rolling bearings is to provide a means for the shaft to rotate without moving the heavy loads it may carry. The design of these products depends on their usage; some designs are intended for high load carrying capacities while other designs are intended for low-loading conditions.
The growth factor in this market largely depends upon demand from end-use industries.
Sliding Bearing:
Sliding bearings are used in various applications such as cranes, construction equipment, automobiles and railways. The main function of these products is to provide resistance against axial movement of the shaft on which it is mounted. They also help to ensure that the radial force applied by the rolling element does not tear down the outer race but stays within limits.
The product consists of a cylindrical inner race which is usually made from steel or other metal alloys.
Application Insights:
The control motor application segment accounted for the largest share of over 30.0% in 2017. The demand for these products is expected to increase significantly owing to their use in industrial robots, which are widely used across several applications including material handling, assembly line automation, packaging and transport among others.
Power motors are widely used across several industries including construction equipment manufacturing and mining as well as automotive sector due to their ability to provide high rotational speed with low latency period resulting in improved performance of the system on which they operate thus generating higher revenue for the industry players involved. Increasing demand from various end-use industries such as food & beverage industry is also anticipated to boost growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing foreign investments in the manufacturing sector. The region has witnessed an increase in production facilities of various industries such as steel, automotive, machinery, energy & power, construction that requires high volume usage of bearings.
The growing manufacturing industry coupled with rising infrastructure activities is anticipated to drive demand for motors and hence rolling bearings over the forecast period. In addition, favorable government policies regarding exports and imports are likely to boost product utilization across various applications in countries such as China and India thereby driving growth across Asia Pacific motor bearing market.
Europe accounted for over 25% share of global revenue in 2017 on account of presence of major bearing manufacturers including ABB Ltd., Beyma S.A., FAG Kinematica AG & Co.
Growth Factors:
- Increasing demand from the automotive industry for motor bearings is expected to drive the growth of the global motor bearing market during the forecast period.
- The increasing demand for electric vehicles is also anticipated to fuel the growth of the global motor bearing market in near future.
- Growing investments in research and development activities by key players is expected to propel the growth of this market during forecast period.
- Rising awareness about benefits offered by using high-quality motor bearings is projected to boost this market’s growth in coming years. 5) The growing trend of miniaturization across various industries is likely to create new opportunities for players operating in this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor Bearing Market Research Report
By Type
Rolling Bearing, Sliding Bearing, Joint Bearing, Other
By Application
Control Motor, Power Motor, Signal Motor, Others
By Companies
RBC Bearings, National Precision Bearing, Aurora Bearing, SKF, Timken, NSK, NTN, Schaeffler Group, New Hampshire Ball Bearings, FK Bearing Group, CCTY Bearing, Emerson Bearing, LYC Bearing
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Motor Bearing Market Report Segments:
The global Motor Bearing market is segmented on the basis of:
Types
Rolling Bearing, Sliding Bearing, Joint Bearing, Other
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
Control Motor, Power Motor, Signal Motor, 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:
- RBC Bearings
- National Precision Bearing
- Aurora Bearing
- SKF
- Timken
- NSK
- NTN
- Schaeffler Group
- New Hampshire Ball Bearings
- FK Bearing Group
- CCTY Bearing
- Emerson Bearing
- LYC Bearing
Highlights of The Motor 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:
- Rolling Bearing
- Sliding Bearing
- Joint Bearing
- Other
- By Application:
- Control Motor
- Power Motor
- Signal Motor
- 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 Motor 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 motor bearing is a type of bearing that helps to keep a rotating object moving. Motor bearings are often used in devices such as motors, fans, and pumps.
Some of the major players in the motor bearing market are RBC Bearings, National Precision Bearing, Aurora Bearing, SKF, Timken, NSK, NTN, Schaeffler Group, New Hampshire Ball Bearings, FK Bearing Group, CCTY Bearing, Emerson Bearing, LYC Bearing.
The motor bearing market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Motor 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 Motor Bearing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Motor 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 Motor 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 Motor Bearing Market Size & Forecast, 2018-2028
4.5.1 Motor Bearing Market Size and Y-o-Y Growth
4.5.2 Motor Bearing Market Absolute $ Opportunity
Chapter 5 Global Motor 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 Motor Bearing Market Size Forecast by Type
5.2.1 Rolling Bearing
5.2.2 Sliding Bearing
5.2.3 Joint Bearing
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Motor 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 Motor Bearing Market Size Forecast by Applications
6.2.1 Control Motor
6.2.2 Power Motor
6.2.3 Signal Motor
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motor 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 Motor 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 Motor Bearing Analysis and Forecast
9.1 Introduction
9.2 North America Motor 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 Motor Bearing Market Size Forecast by Type
9.6.1 Rolling Bearing
9.6.2 Sliding Bearing
9.6.3 Joint Bearing
9.6.4 Other
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 Motor Bearing Market Size Forecast by Applications
9.10.1 Control Motor
9.10.2 Power Motor
9.10.3 Signal Motor
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 Motor Bearing Analysis and Forecast
10.1 Introduction
10.2 Europe Motor 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 Motor Bearing Market Size Forecast by Type
10.6.1 Rolling Bearing
10.6.2 Sliding Bearing
10.6.3 Joint Bearing
10.6.4 Other
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 Motor Bearing Market Size Forecast by Applications
10.10.1 Control Motor
10.10.2 Power Motor
10.10.3 Signal Motor
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 Motor Bearing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Motor 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 Motor Bearing Market Size Forecast by Type
11.6.1 Rolling Bearing
11.6.2 Sliding Bearing
11.6.3 Joint Bearing
11.6.4 Other
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 Motor Bearing Market Size Forecast by Applications
11.10.1 Control Motor
11.10.2 Power Motor
11.10.3 Signal Motor
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 Motor Bearing Analysis and Forecast
12.1 Introduction
12.2 Latin America Motor 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 Motor Bearing Market Size Forecast by Type
12.6.1 Rolling Bearing
12.6.2 Sliding Bearing
12.6.3 Joint Bearing
12.6.4 Other
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 Motor Bearing Market Size Forecast by Applications
12.10.1 Control Motor
12.10.2 Power Motor
12.10.3 Signal Motor
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) Motor Bearing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Motor 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) Motor Bearing Market Size Forecast by Type
13.6.1 Rolling Bearing
13.6.2 Sliding Bearing
13.6.3 Joint Bearing
13.6.4 Other
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) Motor Bearing Market Size Forecast by Applications
13.10.1 Control Motor
13.10.2 Power Motor
13.10.3 Signal Motor
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 Motor Bearing Market: Competitive Dashboard
14.2 Global Motor Bearing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 RBC Bearings
14.3.2 National Precision Bearing
14.3.3 Aurora Bearing
14.3.4 SKF
14.3.5 Timken
14.3.6 NSK
14.3.7 NTN
14.3.8 Schaeffler Group
14.3.9 New Hampshire Ball Bearings
14.3.10 FK Bearing Group
14.3.11 CCTY Bearing
14.3.12 Emerson Bearing
14.3.13 LYC Bearing
