Market Overview:
The global rolling 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 bearings in various applications, such as machinery & equipment, automotive, and other applications. In terms of type, the centripetal type segment is expected to hold a major share of the global rolling bearing market during the forecast period. This can be attributed to its high performance and durability characteristics as compared with other types of bearings.
Product Definition:
A rolling bearing is a type of bearing that supports rotational motion by using rolling elements. Rolling bearings are typically used in applications where precision and low friction are required, such as in the aerospace, automotive, and manufacturing industries.
Centripetal Type:
Centripetal type is the fastest growing market in rolling bearings and it's expected to grow at a CAGR of XX% from 2017 to 2022. Rising demand for high capacity, low-latency connectivity, and cost-effectiveness are the key factors driving Centripetal Type market growth globally. Additionally, increasing usage of electric vehicles is also anticipated to fuel Centripetal Market growth over the forecast period.
Scroll Type:
A scroll is a type of wave-like body that is formed by curling or rolling a metal sheet. The material used to roll the metal sheet can be steel, aluminum, copper alloys or other metals. The size and shape of the scroll depends on the requirements of bearing in which it is going to be used.
The most commonly used scrolls are small sized ones for use in automotive bearings and large sized ones for industrial applications such as oil & gas equipment bearings.
Application Insights:
The machinery and equipment segment accounted for the largest share of over 60.0% in 2017. The growth can be attributed to the extensive use in various industries such as oil & gas, construction, mining and civil engineering for the rolling element bearings with a Centrifugal Type or a combination of both types. These products are preferred due to their ability to bear heavy loads with less friction compared to conventional designs.
The automotive application is expected witness significant growth at a CAGR of XX% from 2018 to 2030 owing majorly on account of increasing demand from electric vehicles (EV).
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. The region has witnessed significant growth in recent years owing to an increase in infrastructure activities, which has led to an increased demand for rolling bearings.
The Asia Pacific was followed by Europe, which accounted for over 25% of the total revenue share in 2017 due high usage of rolling bearings across several machinery applications including textile machinery, food processing equipment and pharmaceuticals equipment among others. Moreover, presence of major bearing manufacturers such as Nidec Corporation (Japan), SKF (Sweden) and Timken (U.S.) will drive product demand further over the forecast period.
Growth Factors:
- Increasing demand from the automotive and industrial sectors
- Growing popularity of electric vehicles
- Rising demand for energy-efficient and lightweight bearings
- Proliferation of Internet of Things (IoT) and Industry 4.0 technologies
- Growing investments in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Rolling Bearing Market Research Report
By Type
Centripetal Type, Scroll Type
By Application
Machinery & Equipment, Automotive, Other
By Companies
Timken, SKF, NTN, Schaeffler, JTEKT, NSK, C&U Bearings, Nachi, ZWZ Group, RBC Bearings, NMB, TMB, LYC, HRB, ZXY, MCB, AST Bearings
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Rolling Bearing Market Report Segments:
The global Rolling Bearing market is segmented on the basis of:
Types
Centripetal Type, Scroll Type
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
Machinery & Equipment, Automotive, 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:
- Timken
- SKF
- NTN
- Schaeffler
- JTEKT
- NSK
- C&U Bearings
- Nachi
- ZWZ Group
- RBC Bearings
- NMB
- TMB
- LYC
- HRB
- ZXY
- MCB
- AST Bearings
Highlights of The Rolling 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:
- Centripetal Type
- Scroll Type
- By Application:
- Machinery & Equipment
- Automotive
- 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 Rolling 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
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?
A rolling bearing is a type of bearing that uses two or more balls to move along the axis of the bearing. The balls are typically made out of metal, and they rotate around a central hub. This allows the Bearing to move smoothly and without friction.
Some of the key players operating in the rolling bearing market are Timken, SKF, NTN, Schaeffler, JTEKT, NSK, C&U Bearings, Nachi, ZWZ Group, RBC Bearings, NMB, TMB, LYC, HRB, ZXY, MCB, AST Bearings.
The rolling 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. Rolling 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. Rolling Bearing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rolling Bearing Market - Supply Chain
4.5. Global Rolling Bearing Market Forecast
4.5.1. Rolling Bearing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rolling Bearing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rolling Bearing Market Absolute $ Opportunity
5. Global Rolling 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. Rolling Bearing Market Size and Volume Forecast by Type
5.3.1. Centripetal Type
5.3.2. Scroll Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rolling 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. Rolling Bearing Market Size and Volume Forecast by Application
6.3.1. Machinery & Equipment
6.3.2. Automotive
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rolling 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. Rolling 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 Rolling 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. Rolling 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 Rolling Bearing Demand Share Forecast, 2019-2026
9. North America Rolling 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 Rolling 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 Rolling Bearing Market Size and Volume Forecast by Application
9.4.1. Machinery & Equipment
9.4.2. Automotive
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rolling Bearing Market Size and Volume Forecast by Type
9.7.1. Centripetal Type
9.7.2. Scroll Type
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 Rolling Bearing Demand Share Forecast, 2019-2026
10. Latin America Rolling 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 Rolling 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 Rolling Bearing Market Size and Volume Forecast by Application
10.4.1. Machinery & Equipment
10.4.2. Automotive
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rolling Bearing Market Size and Volume Forecast by Type
10.7.1. Centripetal Type
10.7.2. Scroll Type
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 Rolling Bearing Demand Share Forecast, 2019-2026
11. Europe Rolling 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 Rolling 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 Rolling Bearing Market Size and Volume Forecast by Application
11.4.1. Machinery & Equipment
11.4.2. Automotive
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rolling Bearing Market Size and Volume Forecast by Type
11.7.1. Centripetal Type
11.7.2. Scroll Type
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 Rolling Bearing Demand Share, 2019-2026
12. Asia Pacific Rolling 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 Rolling 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 Rolling Bearing Market Size and Volume Forecast by Application
12.4.1. Machinery & Equipment
12.4.2. Automotive
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rolling Bearing Market Size and Volume Forecast by Type
12.7.1. Centripetal Type
12.7.2. Scroll Type
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 Rolling Bearing Demand Share, 2019-2026
13. Middle East & Africa Rolling 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 Rolling 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 Rolling Bearing Market Size and Volume Forecast by Application
13.4.1. Machinery & Equipment
13.4.2. Automotive
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rolling Bearing Market Size and Volume Forecast by Type
13.7.1. Centripetal Type
13.7.2. Scroll Type
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 Rolling Bearing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rolling Bearing Market: Market Share Analysis
14.2. Rolling Bearing Distributors and Customers
14.3. Rolling Bearing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Timken
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. NTN
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. 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. 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. C&U 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. Nachi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ZWZ Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. RBC 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. NMB
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. LYC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. HRB
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ZXY
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. MCB
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. AST Bearings
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
