Market Overview:
The global machine tool 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 machine tools from various end-use industries, such as automotive, aerospace & defense, and metal fabrication. In addition, the growing demand for high-precision machine tools is also contributing to the growth of this market. The ball bearing segment is expected to hold a major share of the global machine tool bearing market during the forecast period. This can be attributed to its properties such as high load capacity and low friction coefficient that make it suitable for use in heavy-duty applications.
Product Definition:
A machine tool bearing is a type of bearing specifically designed for use in machine tools. Machine tool bearings are typically made from high-quality steel and are heat-treated to ensure durability. They feature precision tolerances and are often lubricated to reduce wear and friction. Machine tool bearings play an important role in ensuring the accuracy and longevity of machine tools.
Ball Bearing:
Ball bearings are rolling-element bearings, which are used in several machine tools to help them keep running smoothly. They have a cylindrical race that seats in a circular hole cut into the hub of the desired wheel. As the name suggests, ball bearings enable rolling; they do not require axel or axle movement for this function. The cylindrical race is made from steel or other metals and is coated with an oil film to prevent it from galling (scratching).
Roller Bearing:
roller bearings are cylindrical bearings with a rolling surface on one or both ends. The rolling surfaces can be made of steel, ceramic, plastic or any combination of these materials. They are used in various machine tools to support the cutting edge and allow free movement of the tool. There are two types commonly used today which include sealed and open type roller bearing.
Application Insights:
The metal cutting machine tools segment dominated the global market in 2017. The growth can be attributed to the increasing demand for metal cutting solutions, such as end mills and cutters, from various industries such as automotive, construction and aerospace. Metal cutting applications include drilling machines that are used to create a series of holes or slots in different types of metals.
Metal forming application is expected to witness significant growth over the forecast period owing to its rising use in manufacturing components for electrical appliances including refrigerators and washing machines among others. Components manufactured using these processes require few additional operations after they are formed which drives their demand further up-streaming into component manufacturing units thereby propelling overall industry growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global machine tool bearing market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several large OEMs as well as MRO facilities of various industries, which makes it a key regional segment for industry growth. Furthermore, increasing investments in R&D by government organizations and universities are likely to fuel product demand over the next eight years.
The growing manufacturing sector in emerging economies such as China and India coupled with favorable demographics has led these countries to dominate many industrial sectors across Asia Pacific region. This has resulted into high demand for metal cutting machine tools used for precision machining of various metals & alloys at low cost within this region; hence driving market growth from 2018 till 2030 directionally speaking in terms of revenue share estimates between Asia Pacific, North America, Europe and Latin America regions).
Growth Factors:
- Increasing demand for machine tools from the automotive and aerospace industries
- Growing demand for high-precision machine tools
- Rising adoption of advanced technologies in machine tool bearings
- Increasing investments in research and development activities by leading players in the market
- Growing popularity of smart machines that use bearings
Scope Of The Report
Report Attributes
Report Details
Report Title
Machine Tool Bearing Market Research Report
By Type
Ball Bearing, Roller Bearing
By Application
Metal Cutting Machine Tools, Metal Forming Machine Tools
By Companies
JTEKT, SKF, Timken, Schaeffler, Nachi-Fujikoshi, NSK, Minebea, ZWZ, LYC, C&U Group, NTN, TMB, Luoyang Bearing, Harbin Bearing Group, Fujian Longxi 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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Machine Tool Bearing Market Report Segments:
The global Machine Tool Bearing market is segmented on the basis of:
Types
Ball Bearing, Roller Bearing
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
Metal Cutting Machine Tools, Metal Forming Machine Tools
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:
- JTEKT
- SKF
- Timken
- Schaeffler
- Nachi-Fujikoshi
- NSK
- Minebea
- ZWZ
- LYC
- C&U Group
- NTN
- TMB
- Luoyang Bearing
- Harbin Bearing Group
- Fujian Longxi Bearing
Highlights of The Machine Tool 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:
- Ball Bearing
- Roller Bearing
- By Application:
- Metal Cutting Machine Tools
- Metal Forming Machine Tools
- 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 Machine Tool 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
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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?
Machine tool bearings are the components that allow a machine to move smoothly and accurately. They help the machine to rotate, and they keep it from moving too much or too quickly.
Some of the key players operating in the machine tool bearing market are JTEKT, SKF, Timken, Schaeffler, Nachi-Fujikoshi, NSK, Minebea, ZWZ, LYC, C&U Group, NTN, TMB, Luoyang Bearing, Harbin Bearing Group, Fujian Longxi Bearing.
The machine tool bearing market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Machine Tool Bearing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Machine Tool Bearing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Machine Tool Bearing Market - Supply Chain
4.5. Global Machine Tool Bearing Market Forecast
4.5.1. Machine Tool Bearing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Machine Tool Bearing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Machine Tool Bearing Market Absolute $ Opportunity
5. Global Machine Tool Bearing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Machine Tool Bearing Market Size and Volume Forecast by Type
5.3.1. Ball Bearing
5.3.2. Roller Bearing
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Machine Tool Bearing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Machine Tool Bearing Market Size and Volume Forecast by Application
6.3.1. Metal Cutting Machine Tools
6.3.2. Metal Forming Machine Tools
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Machine Tool Bearing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Machine Tool Bearing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Machine Tool Bearing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Machine Tool Bearing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Machine Tool Bearing Demand Share Forecast, 2019-2026
9. North America Machine Tool Bearing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Machine Tool Bearing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Machine Tool Bearing Market Size and Volume Forecast by Application
9.4.1. Metal Cutting Machine Tools
9.4.2. Metal Forming Machine Tools
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Machine Tool Bearing Market Size and Volume Forecast by Type
9.7.1. Ball Bearing
9.7.2. Roller Bearing
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Machine Tool Bearing Demand Share Forecast, 2019-2026
10. Latin America Machine Tool Bearing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Machine Tool Bearing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Machine Tool Bearing Market Size and Volume Forecast by Application
10.4.1. Metal Cutting Machine Tools
10.4.2. Metal Forming Machine Tools
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Machine Tool Bearing Market Size and Volume Forecast by Type
10.7.1. Ball Bearing
10.7.2. Roller Bearing
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Machine Tool Bearing Demand Share Forecast, 2019-2026
11. Europe Machine Tool Bearing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Machine Tool Bearing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Machine Tool Bearing Market Size and Volume Forecast by Application
11.4.1. Metal Cutting Machine Tools
11.4.2. Metal Forming Machine Tools
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Machine Tool Bearing Market Size and Volume Forecast by Type
11.7.1. Ball Bearing
11.7.2. Roller Bearing
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Machine Tool Bearing Demand Share, 2019-2026
12. Asia Pacific Machine Tool Bearing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Machine Tool Bearing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Machine Tool Bearing Market Size and Volume Forecast by Application
12.4.1. Metal Cutting Machine Tools
12.4.2. Metal Forming Machine Tools
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Machine Tool Bearing Market Size and Volume Forecast by Type
12.7.1. Ball Bearing
12.7.2. Roller Bearing
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Machine Tool Bearing Demand Share, 2019-2026
13. Middle East & Africa Machine Tool Bearing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Machine Tool Bearing Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Machine Tool Bearing Market Size and Volume Forecast by Application
13.4.1. Metal Cutting Machine Tools
13.4.2. Metal Forming Machine Tools
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Machine Tool Bearing Market Size and Volume Forecast by Type
13.7.1. Ball Bearing
13.7.2. Roller Bearing
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Machine Tool Bearing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Machine Tool Bearing Market: Market Share Analysis
14.2. Machine Tool Bearing Distributors and Customers
14.3. Machine Tool Bearing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. JTEKT
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SKF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Timken
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schaeffler
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nachi-Fujikoshi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NSK
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Minebea
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ZWZ
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LYC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. C&U Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NTN
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. TMB
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Luoyang Bearing
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Harbin Bearing Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Fujian Longxi Bearing
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook