Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Precise Bearing Market by Type (Ball Bearings, Sliding Bearings), By Application (Machine Tool, Precision Equipment, Aviation & Defense, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Precise Bearing Market by Type (Ball Bearings, Sliding Bearings), By Application (Machine Tool, Precision Equipment, Aviation & Defense, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156478 3300 Machinery & Equipment 377 235 Pages 4.5 (31)
                                          

Market Overview:


The global Precise 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 precision bearings in machine tools, precision equipment, aviation & defense and other applications. In terms of type, ball bearings are expected to hold the largest share of the global Precise Bearing market during the forecast period. However, sliding bearings are projected to grow at a higher CAGR than ball bearings during the forecast period.


Global Precise Bearing Industry Outlook


Product Definition:


A precise bearing is an accurate way of orienting oneself in space. It is especially important for activities such as flying an airplane or sailing a boat, where even a small deviation from the desired course can be disastrous. Precise bearings can be obtained through the use of navigational instruments such as compasses and sextants, or by celestial navigation, which uses the positions of stars and planets to determine one's location.


Ball Bearings:


Ball bearings are rolling-element bearings that are used in precision applications owing to their high load carrying capacity, low friction coefficient and wide availability. They can be classified as free rolling or journaled. The former is generally employed where the axial loads applied are relatively light; for example, by hydraulic systems in automobiles or power tools with limited weight on the handle.


Sliding Bearings:


Sliding bearings are self-oscillating, rolling elements that can be moved in and out along a cylindrical surface. They are used to transmit radial force in the form of axial load or torque. The main types of sliding bearings include ball, roller, thrust (or thrust reverser), combined (or hybrid), and needle bearing.


Application Insights:


The machine tool application segment led the global precise bearing market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Precise bearings help eliminate vibration, offering smooth running and high-performance results for various industries including automotive, industrial machinery, construction equipment, mining equipment and aerospace & defense. The use of precision bearings helps improve productivity by reducing maintenance costs as well as time required for repair operations.


Precision equipment is expected to be one of the fastest-growing segments during the forecast period owing to increasing demand from end users such as oil & gas companies for drilling activities coupled with stringent regulatory norms regarding environmental protection across various regions including North America and Europe Pacific China Latin America Middle East & Africa on account of which manufacturers are investing more in R&D activities related to new product development along with technological innovations that can offer better performance at a lower cost thereby contributing toward segment growth during the estimated time frame.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing foreign investments in the manufacturing sector. In addition, rising disposable income levels are anticipated to fuel product demand over the forecast period.


The machine tool industry in China is expected witness significant growth on account of technological advancements coupled with an increase in foreign direct investments by global players such as Siemens AG and Skoda for manufacturing various types of machines including robots, automation tools, computer numerical controllers (CNC), etc. This will drive product demand over the forecast period.


Europe accounted for a major share owing to stringent regulations regarding workplace safety coupled with high standards set by organizations such as OSHA, ANSI/ASSE B 18.2-2011 which define requirements for safe work practices pertaining bearing handling procedures along with other machinery components installation at worksites across industries including construction, automotive.


Growth Factors:


  • Increasing demand from the automotive and industrial sectors
  • Growing popularity of electric vehicles
  • Rising investments in research and development by Precise Bearing manufacturers
  • Emerging economies offering lucrative growth opportunities for Precise Bearing market players
  • Proliferation of online retail channels

Scope Of The Report

Report Attributes

Report Details

Report Title

Precise Bearing Market Research Report

By Type

Ball Bearings, Sliding Bearings

By Application

Machine Tool, Precision Equipment, Aviation & Defense, Others

By Companies

SKF, Schaeffler, NSK, NTN, JTEKT, Timken, RBC Bearings, C&U, TMB, Nachi, ZWZ, LYC, HRB

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

235

Number of Tables & Figures

165

Customization Available

Yes, the report can be customized as per your need.


Global Precise Bearing Market Report Segments:

The global Precise Bearing market is segmented on the basis of:

Types

Ball Bearings, Sliding Bearings

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 Tool, Precision Equipment, 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:

  1. SKF
  2. Schaeffler
  3. NSK
  4. NTN
  5. JTEKT
  6. Timken
  7. RBC Bearings
  8. C&U
  9. TMB
  10. Nachi
  11. ZWZ
  12. LYC
  13. HRB

Global Precise Bearing Market Overview


Highlights of The Precise Bearing Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Ball Bearings
    2. Sliding Bearings
  1. By Application:

    1. Machine Tool
    2. Precision Equipment
    3. Aviation & Defense
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Precise 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
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Precise Bearing Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Precise bearing is a type of ball and roller bearings where the inner race has been precision machined to very tight tolerances. This allows for a much smoother running experience and less friction, which in turn leads to longer bearing life.

Some of the key players operating in the precise bearing market are SKF, Schaeffler, NSK, NTN, JTEKT, Timken, RBC Bearings, C&U, TMB, Nachi, ZWZ, LYC, HRB.

The precise bearing market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Precise 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. Precise Bearing Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Precise Bearing Market - Supply Chain
   4.5. Global Precise Bearing Market Forecast
      4.5.1. Precise Bearing Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Precise Bearing Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Precise Bearing Market Absolute $ Opportunity

5. Global Precise 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. Precise Bearing Market Size and Volume Forecast by Type
      5.3.1. Ball Bearings
      5.3.2. Sliding Bearings
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Precise 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. Precise Bearing Market Size and Volume Forecast by Application
      6.3.1. Machine Tool
      6.3.2. Precision Equipment
      6.3.3. Aviation & Defense
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Precise 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. Precise 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 Precise 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. Precise 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 Precise Bearing Demand Share Forecast, 2019-2026

9. North America Precise 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 Precise 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 Precise Bearing Market Size and Volume Forecast by Application
      9.4.1. Machine Tool
      9.4.2. Precision Equipment
      9.4.3. Aviation & Defense
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Precise Bearing Market Size and Volume Forecast by Type
      9.7.1. Ball Bearings
      9.7.2. Sliding Bearings
   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 Precise Bearing Demand Share Forecast, 2019-2026

10. Latin America Precise 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 Precise 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 Precise Bearing Market Size and Volume Forecast by Application
      10.4.1. Machine Tool
      10.4.2. Precision Equipment
      10.4.3. Aviation & Defense
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Precise Bearing Market Size and Volume Forecast by Type
      10.7.1. Ball Bearings
      10.7.2. Sliding Bearings
   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 Precise Bearing Demand Share Forecast, 2019-2026

11. Europe Precise 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 Precise 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 Precise Bearing Market Size and Volume Forecast by Application
      11.4.1. Machine Tool
      11.4.2. Precision Equipment
      11.4.3. Aviation & Defense
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Precise Bearing Market Size and Volume Forecast by Type
      11.7.1. Ball Bearings
      11.7.2. Sliding Bearings
   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 Precise Bearing Demand Share, 2019-2026

12. Asia Pacific Precise 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 Precise 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 Precise Bearing Market Size and Volume Forecast by Application
      12.4.1. Machine Tool
      12.4.2. Precision Equipment
      12.4.3. Aviation & Defense
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Precise Bearing Market Size and Volume Forecast by Type
      12.7.1. Ball Bearings
      12.7.2. Sliding Bearings
   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 Precise Bearing Demand Share, 2019-2026

13. Middle East & Africa Precise 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 Precise 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 Precise Bearing Market Size and Volume Forecast by Application
      13.4.1. Machine Tool
      13.4.2. Precision Equipment
      13.4.3. Aviation & Defense
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Precise Bearing Market Size and Volume Forecast by Type
      13.7.1. Ball Bearings
      13.7.2. Sliding Bearings
   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 Precise Bearing Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Precise Bearing Market: Market Share Analysis
   14.2. Precise Bearing Distributors and Customers
   14.3. Precise Bearing Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. SKF
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Schaeffler
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. NSK
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. NTN
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. JTEKT
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Timken
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. RBC Bearings
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. C&U
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. TMB
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Nachi
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. ZWZ
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. LYC
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. HRB
         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
         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

Our Trusted Clients

Contact Us