Market Overview:
The global super precision roller bearings 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 super precision roller bearings in various applications, such as machine tools, medical and dental equipment, aviation and defense equipment, and others. Additionally, the growing industrialization in developing countries is also propelling the growth of the global super precision roller bearings market. However, factors such as high cost of these bearings may restrain the growth of this market to some extent during the forecast period. On basis of type, cylindrical roller bearings are expected to hold a major share in terms of revenue in 2018 and are projected to maintain its dominance throughout 2030 owing to their widespread use across various industries. On basis on application segmentation; machine tools is anticipated account for majority share by value over next decade due rising demand from automotive & aerospace sector followed by medical & dental equipments which will register highest CAGR over forecast years owing stringent hygiene norms across globe .
Product Definition:
Super precision roller bearings are bearings that have been designed and manufactured to high tolerances to ensure they perform accurately and consistently. Super precision roller bearings are used in a wide range of applications, including medical equipment, semiconductor manufacturing equipment, aerospace and defense systems, and high-speed machinery. The importance of using super precision roller bearings is that they can help to improve the performance and accuracy of critical systems while reducing wear and tear.
Cylindrical Roller Bearings:
Cylindrical roller bearings (CRB) are used in high-precision applications where the main purpose is to transmit radial force. The product finds application in various industries such as automotive, food & beverages, and medical among others. It is a type of rolling element bearing which consists of cylindrical raceway with two or more races joined by seals or cages.
Axial-Radial Cylindrical Roller Bearings:
Axial- radial cylindrical roller bearings (CRBB) are used in super precision roller bearings. They are designed to work in close proximity with the raceway and therefore, provide high axial stability. Axial- radial cylindrical roller bearings have a sealed cartridge race that is concentric with the rolling element. The bearing consists of a metal or ceramic ball mounted on an axle and two races, which form a channel for rolling elements to move in between them.
Application Insights:
The machine tools application segment led the global super precision roller bearings market and accounted for more than 45.0% share of the total revenue in 2017. The use of these products in various applications, such as aerospace components, medical equipment, industrial machinery and appliances has resulted in high demand for SPCR among major industry participants across the globe.
Superior performance offered by SPCRB bearing solutions coupled with their higher accuracy make them a preferred solution over conventional counterparts within demanding industries worldwide including aerospace & defense and automotive manufacturing sectors. These products are used to support heavy loads while maintaining precise alignment which is a key requirement when installing critical parts or systems at high production rates on a daily basis across multiple facilities globally.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. This is attributed to increasing demand for high precision bearings from the medical and aerospace industries, which are major consumers of super precision roller bearings. The region is expected to witness significant growth owing to rising industrialization and rapid urbanization, especially in China and India.
The Asia Pacific regional market was followed by Europe that accounted for over 20% share in 2017 due to growing machine tool production coupled with an increase in investments on R&D activities pertaining machine tools applications across European countries such as Germany, France, Italy and Russia among others. Moreover, these countries have a strong presence across all other major application sectors including automotive (engine), electronics (semiconductor) among others thus making it one of the most lucrative regions globally for SPRBs manufacturers/suppliers.
Growth Factors:
- Increasing demand from the automotive industry for Super Precision Roller Bearings is expected to be a key growth driver for the market over the forecast period.
- The increasing demand from the aerospace and defense sector is also expected to fuel growth of the Super Precision Roller Bearings market in the coming years.
- Rising investments in research and development activities by leading players is anticipated to propel growth of this market in future.
- Growing awareness about benefits offered by Super Precision Roller Bearings among consumers is projected to boost demand for these bearings during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Super Precision Roller Bearings Market Research Report
By Type
Cylindrical Roller Bearings, Axial-Radial Cylindrical Roller Bearings, Others
By Application
Machine Tools, Medical and Dental, Aviation & Defense, Others
By Companies
Schaeffler, Nachi-Fujikoshi, NSK, SKF, Koyo, Timken, ZYS, C&U Group, ZWZ, NTN
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Super Precision Roller Bearings Market Report Segments:
The global Super Precision Roller Bearings market is segmented on the basis of:
Types
Cylindrical Roller Bearings, Axial-Radial Cylindrical Roller Bearings, 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
Machine Tools, Medical and Dental, Aviation & Defense, 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:
- Schaeffler
- Nachi-Fujikoshi
- NSK
- SKF
- Koyo
- Timken
- ZYS
- C&U Group
- ZWZ
- NTN
Highlights of The Super Precision Roller 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:
- Cylindrical Roller Bearings
- Axial-Radial Cylindrical Roller Bearings
- Others
- By Application:
- Machine Tools
- Medical and Dental
- Aviation & Defense
- 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 Super Precision Roller 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:
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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?
Super precision roller bearings are a type of bearing that is designed to provide high levels of accuracy and performance. These bearings are often used in applications where extreme levels of precision and accuracy are required, such as in the medical industry or aerospace. Super precision roller bearings can also be used in other industries where high levels of performance and accuracy are required, such as manufacturing or engineering.
Some of the major companies in the super precision roller bearings market are Schaeffler, Nachi-Fujikoshi, NSK, SKF, Koyo, Timken, ZYS, C&U Group, ZWZ, NTN.
The super precision roller bearings 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 Super Precision Roller 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 Super Precision Roller Bearings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Super Precision Roller 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 Super Precision Roller 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 Super Precision Roller Bearings Market Size & Forecast, 2020-2028
4.5.1 Super Precision Roller Bearings Market Size and Y-o-Y Growth
4.5.2 Super Precision Roller 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 Cylindrical Roller Bearings
5.2.2 Axial-Radial Cylindrical Roller Bearings
5.2.3 Others
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 Machine Tools
6.2.2 Medical and Dental
6.2.3 Aviation & Defense
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Super Precision Roller 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 Super Precision Roller 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 Cylindrical Roller Bearings
9.6.2 Axial-Radial Cylindrical Roller Bearings
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 Market Size Forecast by Applications
9.10.1 Machine Tools
9.10.2 Medical and Dental
9.10.3 Aviation & Defense
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 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 Cylindrical Roller Bearings
10.6.2 Axial-Radial Cylindrical Roller Bearings
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 Market Size Forecast by Applications
10.10.1 Machine Tools
10.10.2 Medical and Dental
10.10.3 Aviation & Defense
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 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 Cylindrical Roller Bearings
11.6.2 Axial-Radial Cylindrical Roller Bearings
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 Market Size Forecast by Applications
11.10.1 Machine Tools
11.10.2 Medical and Dental
11.10.3 Aviation & Defense
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 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 Cylindrical Roller Bearings
12.6.2 Axial-Radial Cylindrical Roller Bearings
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 Market Size Forecast by Applications
12.10.1 Machine Tools
12.10.2 Medical and Dental
12.10.3 Aviation & Defense
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) 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 Cylindrical Roller Bearings
13.6.2 Axial-Radial Cylindrical Roller Bearings
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) Market Size Forecast by Applications
13.10.1 Machine Tools
13.10.2 Medical and Dental
13.10.3 Aviation & Defense
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 Super Precision Roller Bearings Market: Competitive Dashboard
14.2 Global Super Precision Roller Bearings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schaeffler
14.3.2 Nachi-Fujikoshi
14.3.3 NSK
14.3.4 SKF
14.3.5 Koyo
14.3.6 Timken
14.3.7 ZYS
14.3.8 C&U Group
14.3.9 ZWZ
14.3.10 NTN
