Market Overview:
The global oilless bearing 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 oilless bearings in various applications, such as steering, powertrain, ATM, fax machines, water turbines, garbage trucks and robots. In addition, the growing demand for oilless bearings from emerging economies is also contributing to the growth of this market. However, fluctuations in raw material prices may hamper the growth of this market during the forecast period.
Product Definition:
An oil-less bearing is a bearing that does not rely on lubrication from an external source in order to function. This type of bearing typically uses a sealant material, such as rubber or Teflon, to keep the internal components isolated from the environment. Oilless bearings are commonly used in applications where reliable and consistent performance is critical, such as medical equipment and motorsport vehicles.
Aluminum bronze:
Aluminum bronze is an alloy of copper and aluminum. It has a high melting point, around 1,500°C as compared to the other alloys which have a melting point of 800-1,500 °C. The material has applications in various sectors such as aerospace & defense industry for aircraft components and engine parts due to its properties such as corrosion resistance and high strength. Aluminum bronze also finds application in medical sector mainly for surgical equipment due to its biocompatibility characteristics.
Cast iron:
Cast iron is a type of metal that is obtained by melting down castaway materials such as old engine blocks, pipes, and pots. It has high thermal efficiency and low electrical conductivity. The material has been used in the production of bearings for over two centuries owing to its excellent mechanical properties including high strength, rigidity, dimensional stability at both room temperature & operating temperature along with low lubricity & corrosion resistance.
Application Insights:
The global oilless bearing market is segmented by application into steering, powertrain, ATM, Fax, water turbine and other applications. The steering application segment led the global market in 2017 and is projected to maintain its dominance over the forecast period owing to its ability to reduce fuel consumption by up to 60%. Moreover, it also reduces maintenance costs as there are no moving parts in a steerable wheel which makes it easier for service centers.
The use of oilless bearings has been prevalent among high-performance vehicles such as Porsche 911 since 1974 due to their superior performance characteristics. These types of bearings have also been used on commercial aircraft where they are referred to as anti-friction seals or AFSS (Anti-Friction Solid State) for short.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising disposable income, and rapid urbanization & infrastructure development. China is anticipated to dominate Asia Pacific owing to its large population coupled with a high demand for automobiles. Moreover, India has also witnessed significant growth in recent years on account of growing automotive industry as well as rapid urbanization & infrastructure development.
The European market was valued at USD X billion in 2017 and is projected to expand at a CAGR of XX% from 2018 till 2030 due primarily expansionary activities by local governments which include tax cuts for companies investing more than USD X million or 50 million Euros). In addition, favorable government policies such as subsidies on electric vehicles are further expected drive the regional oilless bearing market over the forecast period.
Growth Factors:
- Increasing demand from the automotive industry for oilless bearings is expected to drive the growth of the market during the forecast period.
- The increasing demand for electric vehicles is also projected to fuel the growth of oilless bearing market in near future.
- Growing awareness about benefits of using oilless bearings is another key factor that would propel market growth in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Oilless Bearing Market Research Report
By Type
Aluminum bronze, Cast iron, Brass, Copper alloy, Ptfe, Polyurethane, Polyacetal, Aromatic polyamide, Polyphenylene sulfide
By Application
Steering, Powertrain, ATM, Fax, Water turbine, Garbage trucks, Robots, Wheel loaders
By Companies
Mitsubishi Materials, Bowman, OFTTech, Technoslide, Daido Metal, ISUTAMI Bearings, Lubrite Technologies, Oiles, GGB Bearing, New Way Air Bearings, R&D Dynamics, Jiashan HLB Oilless Bearing, Zhejiang SF Oilless 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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Oilless Bearing Market Report Segments:
The global Oilless Bearing market is segmented on the basis of:
Types
Aluminum bronze, Cast iron, Brass, Copper alloy, Ptfe, Polyurethane, Polyacetal, Aromatic polyamide, Polyphenylene sulfide
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
Steering, Powertrain, ATM, Fax, Water turbine, Garbage trucks, Robots, Wheel loaders
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:
- Mitsubishi Materials
- Bowman
- OFTTech
- Technoslide
- Daido Metal
- ISUTAMI Bearings
- Lubrite Technologies
- Oiles
- GGB Bearing
- New Way Air Bearings
- R&D Dynamics
- Jiashan HLB Oilless Bearing
- Zhejiang SF Oilless Bearing
Highlights of The Oilless 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:
- Aluminum bronze
- Cast iron
- Brass
- Copper alloy
- Ptfe
- Polyurethane
- Polyacetal
- Aromatic polyamide
- Polyphenylene sulfide
- By Application:
- Steering
- Powertrain
- ATM
- Fax
- Water turbine
- Garbage trucks
- Robots
- Wheel loaders
- 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 Oilless 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.
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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?
Oilless bearings are a type of bearing that does not use oil as the lubricant. This type of bearing is often used in applications where there is a high level of dust or dirt exposure, because it doesn't require regular maintenance to keep it running smoothly.
Some of the key players operating in the oilless bearing market are Mitsubishi Materials, Bowman, OFTTech, Technoslide, Daido Metal, ISUTAMI Bearings, Lubrite Technologies, Oiles, GGB Bearing, New Way Air Bearings, R&D Dynamics, Jiashan HLB Oilless Bearing, Zhejiang SF Oilless Bearing.
The oilless bearing market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oilless 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. Oilless Bearing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oilless Bearing Market - Supply Chain
4.5. Global Oilless Bearing Market Forecast
4.5.1. Oilless Bearing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oilless Bearing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oilless Bearing Market Absolute $ Opportunity
5. Global Oilless 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. Oilless Bearing Market Size and Volume Forecast by Type
5.3.1. Aluminum bronze
5.3.2. Cast iron
5.3.3. Brass
5.3.4. Copper alloy
5.3.5. Ptfe
5.3.6. Polyurethane
5.3.7. Polyacetal
5.3.8. Aromatic polyamide
5.3.9. Polyphenylene sulfide
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oilless 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. Oilless Bearing Market Size and Volume Forecast by Application
6.3.1. Steering
6.3.2. Powertrain
6.3.3. ATM
6.3.4. Fax
6.3.5. Water turbine
6.3.6. Garbage trucks
6.3.7. Robots
6.3.8. Wheel loaders
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oilless 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. Oilless 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 Oilless 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. Oilless 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 Oilless Bearing Demand Share Forecast, 2019-2026
9. North America Oilless 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 Oilless 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 Oilless Bearing Market Size and Volume Forecast by Application
9.4.1. Steering
9.4.2. Powertrain
9.4.3. ATM
9.4.4. Fax
9.4.5. Water turbine
9.4.6. Garbage trucks
9.4.7. Robots
9.4.8. Wheel loaders
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oilless Bearing Market Size and Volume Forecast by Type
9.7.1. Aluminum bronze
9.7.2. Cast iron
9.7.3. Brass
9.7.4. Copper alloy
9.7.5. Ptfe
9.7.6. Polyurethane
9.7.7. Polyacetal
9.7.8. Aromatic polyamide
9.7.9. Polyphenylene sulfide
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 Oilless Bearing Demand Share Forecast, 2019-2026
10. Latin America Oilless 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 Oilless 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 Oilless Bearing Market Size and Volume Forecast by Application
10.4.1. Steering
10.4.2. Powertrain
10.4.3. ATM
10.4.4. Fax
10.4.5. Water turbine
10.4.6. Garbage trucks
10.4.7. Robots
10.4.8. Wheel loaders
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oilless Bearing Market Size and Volume Forecast by Type
10.7.1. Aluminum bronze
10.7.2. Cast iron
10.7.3. Brass
10.7.4. Copper alloy
10.7.5. Ptfe
10.7.6. Polyurethane
10.7.7. Polyacetal
10.7.8. Aromatic polyamide
10.7.9. Polyphenylene sulfide
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 Oilless Bearing Demand Share Forecast, 2019-2026
11. Europe Oilless 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 Oilless 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 Oilless Bearing Market Size and Volume Forecast by Application
11.4.1. Steering
11.4.2. Powertrain
11.4.3. ATM
11.4.4. Fax
11.4.5. Water turbine
11.4.6. Garbage trucks
11.4.7. Robots
11.4.8. Wheel loaders
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oilless Bearing Market Size and Volume Forecast by Type
11.7.1. Aluminum bronze
11.7.2. Cast iron
11.7.3. Brass
11.7.4. Copper alloy
11.7.5. Ptfe
11.7.6. Polyurethane
11.7.7. Polyacetal
11.7.8. Aromatic polyamide
11.7.9. Polyphenylene sulfide
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 Oilless Bearing Demand Share, 2019-2026
12. Asia Pacific Oilless 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 Oilless 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 Oilless Bearing Market Size and Volume Forecast by Application
12.4.1. Steering
12.4.2. Powertrain
12.4.3. ATM
12.4.4. Fax
12.4.5. Water turbine
12.4.6. Garbage trucks
12.4.7. Robots
12.4.8. Wheel loaders
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oilless Bearing Market Size and Volume Forecast by Type
12.7.1. Aluminum bronze
12.7.2. Cast iron
12.7.3. Brass
12.7.4. Copper alloy
12.7.5. Ptfe
12.7.6. Polyurethane
12.7.7. Polyacetal
12.7.8. Aromatic polyamide
12.7.9. Polyphenylene sulfide
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 Oilless Bearing Demand Share, 2019-2026
13. Middle East & Africa Oilless 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 Oilless 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 Oilless Bearing Market Size and Volume Forecast by Application
13.4.1. Steering
13.4.2. Powertrain
13.4.3. ATM
13.4.4. Fax
13.4.5. Water turbine
13.4.6. Garbage trucks
13.4.7. Robots
13.4.8. Wheel loaders
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oilless Bearing Market Size and Volume Forecast by Type
13.7.1. Aluminum bronze
13.7.2. Cast iron
13.7.3. Brass
13.7.4. Copper alloy
13.7.5. Ptfe
13.7.6. Polyurethane
13.7.7. Polyacetal
13.7.8. Aromatic polyamide
13.7.9. Polyphenylene sulfide
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 Oilless Bearing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oilless Bearing Market: Market Share Analysis
14.2. Oilless Bearing Distributors and Customers
14.3. Oilless Bearing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsubishi Materials
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bowman
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. OFTTech
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Technoslide
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Daido Metal
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ISUTAMI Bearings
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lubrite Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Oiles
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GGB Bearing
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. New Way Air Bearings
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. R&D Dynamics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jiashan HLB Oilless Bearing
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zhejiang SF Oilless 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. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
