Market Overview:
The global oil free bushing 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 oil free bushings in various applications, such as manufacture, automobile, architecture, agriculture and others. In terms of type, the straight bushing segment is expected to hold a major share of the global oil free bushing market during the forecast period. This can be attributed to its high demand in various applications across different regions.
Product Definition:
An oil free bushing is a type of bearing that does not require lubrication. This type of bushing is often used in applications where there is no access to a source of lubrication, such as in underwater robotics or spacecraft.
Straight:
Straight, also known as straight run or untapped oil free bushing is a method of sealing used in the construction industry. It is mainly used to join two elements without using any kind of fasteners. The product has high demand in the construction sector owing to its ability to reduce wastage and provide better stability during installation. In addition, it can be easily installed by using compressed air or by hand which makes it an ideal choice for manual work.
Shouldered:
Shoulder is a device used in hydraulic systems to relieve the stress caused by heavy loads. It works as an elastomeric element and helps in absorbing the shocks & load fluctuations. The main function of shoulder is to protect hydraulic system from over-torque, high forces, and thermal cycles.
There are different types of shoulders available depending upon their applications such as fluid, heat & cold resistant among others.
Application Insights:
The other application segment includes construction, aerospace and defense, marine and transportation. The manufacture application segment dominated the global oil free bushing market in 2017 with a revenue share of over 40%. This is attributed to high usage of bushes in manufacturing various industrial machinery such as turbines, compressors etc.
Automobile was the second largest application segment accounting for a revenue share of over 30% in 2017 owing to increasing production & demand for passenger vehicles across various regions including Asia Pacific and North America. In addition to this factor changing lifestyle along with growing urbanization has increased the number of vehicles requiring new parts which will eventually boost product demand further.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of oil and gas reserves in countries, such as U.S. and Canada. The region is expected to witness moderate growth over the forecast period owing to matured markets, high investment by manufacturers for R&D activities, and increasing demand from end-use industries for OOFBs with superior performance characteristics as compared to other available alternatives.
Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period due its rapidly expanding construction industry along with growing automotive manufacturing sector in China, India, Japan among others coupled with government initiatives encouraging FDI investments are some factors driving regional growth.
Growth Factors:
- Increasing demand from the automotive industry for oil free bushings as a result of stringent emission norms and fuel efficiency requirements.
- Growing popularity of electric and hybrid vehicles, which require oil free bushings for efficient operation.
- Rising demand from the construction sector for lightweight and durable oil free bushings in equipment such as cranes, hoists, and elevators.
- Increasing use of oil free bushings in industrial applications such as pumps, compressors, and turbines to reduce maintenance costs and improve performance.
- Technological advancements that have led to the development of new types of oil-free bushings with better performance characteristics than traditional products
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Free Bushing Market Research Report
By Type
Straight, Shouldered, Flanged, Other
By Application
Manufacture, Automobile, Architecture, Agriculture, Other
By Companies
MISUMI, Bronze Lube, Vardhman Dies & Mould Tools, SVB Bearings, Oilite Industries, Aadhya Engineering, Shaurydeep Mould & Accessories, Sri Ram Bearing, Ratnadeep Castings, Tanishq, National Bearings, Supreme Metals, Akar Engitech, Avi Oilless
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Oil Free Bushing Market Report Segments:
The global Oil Free Bushing market is segmented on the basis of:
Types
Straight, Shouldered, Flanged, 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
Manufacture, Automobile, Architecture, Agriculture, Other
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:
- MISUMI
- Bronze Lube
- Vardhman Dies & Mould Tools
- SVB Bearings
- Oilite Industries
- Aadhya Engineering
- Shaurydeep Mould & Accessories
- Sri Ram Bearing
- Ratnadeep Castings
- Tanishq
- National Bearings
- Supreme Metals
- Akar Engitech
- Avi Oilless
Highlights of The Oil Free Bushing 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:
- Straight
- Shouldered
- Flanged
- Other
- By Application:
- Manufacture
- Automobile
- Architecture
- Agriculture
- Other
- 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 Oil Free Bushing 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?
Oil free bushing is a type of bushings that do not use oil to lubricate and protect them. This can help reduce the amount of oil that needs to be used, which in turn can save money.
Some of the key players operating in the oil free bushing market are MISUMI, Bronze Lube, Vardhman Dies & Mould Tools, SVB Bearings, Oilite Industries, Aadhya Engineering, Shaurydeep Mould & Accessories, Sri Ram Bearing, Ratnadeep Castings, Tanishq, National Bearings, Supreme Metals, Akar Engitech, Avi Oilless.
The oil free bushing 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 Oil Free Bushing 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 Oil Free Bushing Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Oil Free Bushing 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 Oil Free Bushing 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 Oil Free Bushing Market Size & Forecast, 2018-2028 4.5.1 Oil Free Bushing Market Size and Y-o-Y Growth 4.5.2 Oil Free Bushing Market Absolute $ Opportunity
Chapter 5 Global Oil Free Bushing 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 Oil Free Bushing Market Size Forecast by Type
5.2.1 Straight
5.2.2 Shouldered
5.2.3 Flanged
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oil Free Bushing 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 Oil Free Bushing Market Size Forecast by Applications
6.2.1 Manufacture
6.2.2 Automobile
6.2.3 Architecture
6.2.4 Agriculture
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil Free Bushing 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 Oil Free Bushing 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 Oil Free Bushing Analysis and Forecast
9.1 Introduction
9.2 North America Oil Free Bushing 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 Oil Free Bushing Market Size Forecast by Type
9.6.1 Straight
9.6.2 Shouldered
9.6.3 Flanged
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 Oil Free Bushing Market Size Forecast by Applications
9.10.1 Manufacture
9.10.2 Automobile
9.10.3 Architecture
9.10.4 Agriculture
9.10.5 Other
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 Oil Free Bushing Analysis and Forecast
10.1 Introduction
10.2 Europe Oil Free Bushing 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 Oil Free Bushing Market Size Forecast by Type
10.6.1 Straight
10.6.2 Shouldered
10.6.3 Flanged
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 Oil Free Bushing Market Size Forecast by Applications
10.10.1 Manufacture
10.10.2 Automobile
10.10.3 Architecture
10.10.4 Agriculture
10.10.5 Other
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 Oil Free Bushing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oil Free Bushing 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 Oil Free Bushing Market Size Forecast by Type
11.6.1 Straight
11.6.2 Shouldered
11.6.3 Flanged
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 Oil Free Bushing Market Size Forecast by Applications
11.10.1 Manufacture
11.10.2 Automobile
11.10.3 Architecture
11.10.4 Agriculture
11.10.5 Other
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 Oil Free Bushing Analysis and Forecast
12.1 Introduction
12.2 Latin America Oil Free Bushing 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 Oil Free Bushing Market Size Forecast by Type
12.6.1 Straight
12.6.2 Shouldered
12.6.3 Flanged
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 Oil Free Bushing Market Size Forecast by Applications
12.10.1 Manufacture
12.10.2 Automobile
12.10.3 Architecture
12.10.4 Agriculture
12.10.5 Other
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) Oil Free Bushing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oil Free Bushing 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) Oil Free Bushing Market Size Forecast by Type
13.6.1 Straight
13.6.2 Shouldered
13.6.3 Flanged
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) Oil Free Bushing Market Size Forecast by Applications
13.10.1 Manufacture
13.10.2 Automobile
13.10.3 Architecture
13.10.4 Agriculture
13.10.5 Other
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 Oil Free Bushing Market: Competitive Dashboard
14.2 Global Oil Free Bushing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MISUMI
14.3.2 Bronze Lube
14.3.3 Vardhman Dies & Mould Tools
14.3.4 SVB Bearings
14.3.5 Oilite Industries
14.3.6 Aadhya Engineering
14.3.7 Shaurydeep Mould & Accessories
14.3.8 Sri Ram Bearing
14.3.9 Ratnadeep Castings
14.3.10 Tanishq
14.3.11 National Bearings
14.3.12 Supreme Metals
14.3.13 Akar Engitech
14.3.14 Avi Oilless