Market Overview:
The global non-ferrous 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 non-ferrous bearings from various end-use industries, such as industrial, automotive, aerospace and transportation. In terms of type, the ceramic materials segment is expected to lead the global non-ferrous bearings market during the forecast period. This can be attributed to their high wear resistance and thermal stability properties. In terms of region, North America is expected to lead the global non-ferrous bearings market during the forecast period owing to its large automotive industry.
Product Definition:
Non ferrous bearings are bearings that do not contain any iron. They are made of materials such as brass, bronze, or aluminum. Non ferrous bearings are important because they can be used in applications where corrosion is a concern. They also have a higher resistance to heat than standard steel bearings.
Ceramic Materials:
Ceramic materials are used in non-ferrous metal bearings owing to their several advantages such as low friction, high temperature resistance and corrosion resistance. The ceramics market is expected to witness significant growth over the forecast period on account of increasing demand from end-use industries including automotive & transportation, aerospace & defense and electronics.
Alloy Materials:
Alloy materials are used in non-ferrous bearings to increase their operating temperature and thus provide longer life. The most common alloys used for this application include chromium, nickel, silicon bronze, aluminum bronze and copper/brass. Increasing demand for energy efficient products is expected to drive the market over the forecast period.
The global alloy materials.
Application Insights:
The industrial application segment accounted for the largest share of more than 50.0% in 2017 and is projected to witness significant growth over the forecast period. The non-ferrous bearings are widely used in industries such as chemical, petrochemical, power generation, cement and construction where high rotational speeds are required.
The automotive sector is also anticipated to witness considerable growth over the coming years owing to increasing demand for vehicles with improved performance characteristics including higher speed capability and better maneuverability.
Regional Analysis:
Asia Pacific accounted for the largest share of global revenue in 2017. The region is expected to witness significant growth over the forecast period owing to rapid industrialization and increasing foreign investments in emerging economies such as China, India, and Indonesia. In addition, rising disposable income levels are anticipated to fuel market demand over the coming years.
The ceramic materials segment is projected to register a high CAGR during the forecast period due to growing infrastructure activities coupled with an increase in consumer spending on luxury vehicles such as BMWs and Audis across major countries including China, Japan, India among others.
North America was estimated at USD X billion in 2017.
Growth Factors:
- Increasing demand from the automotive industry: The global non-ferrous bearings market is expected to grow at a CAGR of 5.5% during the forecast period. The growth of the automotive industry is one of the major factors driving the growth of this market. Non-ferrous bearings are used in various applications in automobiles such as engines, transmissions, and power steering systems.
- Growing demand for electric vehicles: Electric vehicles are powered by electricity instead of gasoline or diesel fuel, which makes them environmentally friendly and reduces greenhouse gas emissions significantly when compared to traditional combustion engine vehicles. This is expected to drive the growth of the non-ferrous bearings market during the forecast period.
- Rising demand for renewable energy sources: Renewable energy sources such as solar and wind power are becoming increasingly popular due to their environmental benefits over traditional energy sources such as coal and natural gas fired plants .This is expected to drivethegrowthofthenon- ferrousbearingsmarketduringtheforecastperiod .
Scope Of The Report
Report Attributes
Report Details
Report Title
Non Ferrous Bearings Market Research Report
By Type
Ceramic Materials, Alloy Materials, Zinc Materials
By Application
Industrial, Automotive, Aerospace, Transportation
By Companies
NSK, koyo, Minebea, NTN, AMI Bearings, Inc., EURO-BEARING, GRW, GJP, LiLY, RBC
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Non Ferrous Bearings Market Report Segments:
The global Non Ferrous Bearings market is segmented on the basis of:
Types
Ceramic Materials, Alloy Materials, Zinc Materials
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
Industrial, Automotive, Aerospace, Transportation
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:
- NSK
- koyo
- Minebea
- NTN
- AMI Bearings, Inc.
- EURO-BEARING
- GRW
- GJP
- LiLY
- RBC
Highlights of The Non Ferrous 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:
- Ceramic Materials
- Alloy Materials
- Zinc Materials
- By Application:
- Industrial
- Automotive
- Aerospace
- Transportation
- 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 Non Ferrous 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?
Non ferrous bearings are a type of bearing that does not use metal to support the weight of the object it is attached to. This can be beneficial for objects that need to be lightweight, such as drones or satellites.
Some of the key players operating in the non ferrous bearings market are NSK, koyo, Minebea, NTN, AMI Bearings, Inc., EURO-BEARING, GRW, GJP, LiLY, RBC.
The non ferrous 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 Non Ferrous 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 Non Ferrous Bearings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Non Ferrous 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 Non Ferrous 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 Non Ferrous Bearings Market Size & Forecast, 2020-2028
4.5.1 Non Ferrous Bearings Market Size and Y-o-Y Growth
4.5.2 Non Ferrous 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 Ceramic Materials
5.2.2 Alloy Materials
5.2.3 Zinc Materials
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 Industrial
6.2.2 Automotive
6.2.3 Aerospace
6.2.4 Transportation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Non Ferrous 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 Non Ferrous 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 Ceramic Materials
9.6.2 Alloy Materials
9.6.3 Zinc Materials
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 Industrial
9.10.2 Automotive
9.10.3 Aerospace
9.10.4 Transportation
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 Ceramic Materials
10.6.2 Alloy Materials
10.6.3 Zinc Materials
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 Industrial
10.10.2 Automotive
10.10.3 Aerospace
10.10.4 Transportation
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 Ceramic Materials
11.6.2 Alloy Materials
11.6.3 Zinc Materials
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 Industrial
11.10.2 Automotive
11.10.3 Aerospace
11.10.4 Transportation
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 Ceramic Materials
12.6.2 Alloy Materials
12.6.3 Zinc Materials
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 Industrial
12.10.2 Automotive
12.10.3 Aerospace
12.10.4 Transportation
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 Ceramic Materials
13.6.2 Alloy Materials
13.6.3 Zinc Materials
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 Industrial
13.10.2 Automotive
13.10.3 Aerospace
13.10.4 Transportation
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 Non Ferrous Bearings Market: Competitive Dashboard
14.2 Global Non Ferrous Bearings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NSK
14.3.2 koyo
14.3.3 Minebea
14.3.4 NTN
14.3.5 AMI Bearings, Inc.
14.3.6 EURO-BEARING
14.3.7 GRW
14.3.8 GJP
14.3.9 LiLY
14.3.10 RBC
