Market Overview:
The global sheave 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 sheave bearings in various applications, such as automotive, heavy machinery, aerospace, medical and others. In terms of type, the ID under 200mm segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its low cost and easy installation.
Product Definition:
A sheave bearing is a type of cylindrical roller bearing that is used to support a rotating shaft. It consists of an inner ring, an outer ring, and cylindrical rollers that are sandwiched between the two rings. The bearings can be either mounted in a housing or attached directly to the shaft. They are used to reduce friction and wear on the shaft, and they can also increase the axial load capacity of the system.
ID Under 200mm:
ID under 200mm is a new product category in sheave bearing market. ID under 200mm is used to bear axial load and radial force in various machinery applications such as cranes, construction equipment, wind turbines and others. The product has low profile design which reduces the weight of the machine & increases its efficiency by reducing energy consumption during operation.
ID 200-500mm:
ID 200-500mm is a type of sheave bearing that is used in the wind turbine industry. The main function of these products is to allow free and unrestricted rotation while maintaining the structural integrity of the tower. They are also capable of supporting radial and axial loads, as well as providing stability against oscillating forces.
Application Insights:
The automotive segment accounted for the largest share of over 30.0% in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing production of vehicles in emerging economies such as China, India, and Brazil. Furthermore, stringent regulations regarding reduction in vehicular weight have resulted in increased use of sheave bearings that are lightweight compared to traditional roller or thrust washer designs.
Aerospace is another key application sector where sheave bearings are widely used owing to their lightweight properties and compact design which helps reduce overall aircraft size by up to 20%. In addition, these products also help reduce noise levels generated by engines thereby contributing towards a more comfortable ride for passengers on commercial aircrafts. These aforementioned factors are expected fuel product demand from 2018 onward across all major regions including North America, Europe & Asia Pacific and Middle East & Africa.
Regional Analysis:
Asia Pacific dominated the global sheave bearing market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing infrastructure activities, especially in developing countries such as China and India. In addition, rapid industrialization coupled with growing demand for heavy machinery is anticipated to drive the regional market growth during the forecast period.
The Asia Pacific was followed by Europe which accounted for a revenue share of 22% in 2017 owing to high product demand from various application industries including automotive, aerospace & defense, heavy machinery among others. The presence of major aircraft manufacturers including Airbus S.A., Rolls-Royce Holdings Plc., Leonardo Helicopters SPA has fueled product demand from aerospace industry leading to greater sales volume estimates for sheave bearings across this region over past few years (Ref).
North America also held a significant revenue share considering that majority shares within this region are contributed by U.S.
Growth Factors:
- Increasing demand from the end-user industries
- Growing urbanization and industrialization in developing countries
- Rising investments in infrastructure development projects
- Technological advancements and innovations in sheave bearings
- Growing awareness about the benefits of using sheave bearings
Scope Of The Report
Report Attributes
Report Details
Report Title
Sheave Bearing Market Research Report
By Type
ID Under 200mm, ID 200-500mm, ID Above 500mm
By Application
Automotive, Heavy Machinery, Aerospace, Medical, Other
By Companies
Beeline Engineering Products, Galaxy Bearings, General Bearing, Hikari Seiko, JTEKT, Mitsumi Electric, Nachi Brasil, National Engineering Industries, New Hampshire Ball Bearings, MinebeaMitsumi, NRB Bearings, NSK Brasil, NTN Bearing, SKF, PT. IKA Wira Niaga, Schaeffler, Texspin Bearings, Timken, Wafangdian Bearing Group, Yuhuan Melun Machinery, ZWZ BEARING, Bajaj 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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Sheave Bearing Market Report Segments:
The global Sheave Bearing market is segmented on the basis of:
Types
ID Under 200mm, ID 200-500mm, ID Above 500mm
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
Automotive, Heavy Machinery, Aerospace, Medical, 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:
- Beeline Engineering Products
- Galaxy Bearings
- General Bearing
- Hikari Seiko
- JTEKT
- Mitsumi Electric
- Nachi Brasil
- National Engineering Industries
- New Hampshire Ball Bearings
- MinebeaMitsumi
- NRB Bearings
- NSK Brasil
- NTN Bearing
- SKF
- PT. IKA Wira Niaga
- Schaeffler
- Texspin Bearings
- Timken
- Wafangdian Bearing Group
- Yuhuan Melun Machinery
- ZWZ BEARING
- Bajaj Bearings
Highlights of The Sheave 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:
- ID Under 200mm
- ID 200-500mm
- ID Above 500mm
- By Application:
- Automotive
- Heavy Machinery
- Aerospace
- Medical
- 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 Sheave 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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- Correctly Positioning New 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?
Sheave bearings are a type of bearing that is used to support an object in a vertical or horizontal direction. They are also known as journal bearings, because they typically have two journals that rotate around a central shaft.
Some of the major companies in the sheave bearing market are Beeline Engineering Products, Galaxy Bearings, General Bearing, Hikari Seiko, JTEKT, Mitsumi Electric, Nachi Brasil, National Engineering Industries, New Hampshire Ball Bearings, MinebeaMitsumi, NRB Bearings, NSK Brasil, NTN Bearing, SKF, PT. IKA Wira Niaga, Schaeffler, Texspin Bearings, Timken, Wafangdian Bearing Group, Yuhuan Melun Machinery, ZWZ BEARING, Bajaj Bearings.
The sheave 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. Sheave 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. Sheave Bearing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sheave Bearing Market - Supply Chain
4.5. Global Sheave Bearing Market Forecast
4.5.1. Sheave Bearing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sheave Bearing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sheave Bearing Market Absolute $ Opportunity
5. Global Sheave 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. Sheave Bearing Market Size and Volume Forecast by Type
5.3.1. ID Under 200mm
5.3.2. ID 200-500mm
5.3.3. ID Above 500mm
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sheave 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. Sheave Bearing Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Heavy Machinery
6.3.3. Aerospace
6.3.4. Medical
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sheave 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. Sheave 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 Sheave 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. Sheave 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 Sheave Bearing Demand Share Forecast, 2019-2026
9. North America Sheave 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 Sheave 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 Sheave Bearing Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Heavy Machinery
9.4.3. Aerospace
9.4.4. Medical
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sheave Bearing Market Size and Volume Forecast by Type
9.7.1. ID Under 200mm
9.7.2. ID 200-500mm
9.7.3. ID Above 500mm
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 Sheave Bearing Demand Share Forecast, 2019-2026
10. Latin America Sheave 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 Sheave 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 Sheave Bearing Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Heavy Machinery
10.4.3. Aerospace
10.4.4. Medical
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sheave Bearing Market Size and Volume Forecast by Type
10.7.1. ID Under 200mm
10.7.2. ID 200-500mm
10.7.3. ID Above 500mm
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 Sheave Bearing Demand Share Forecast, 2019-2026
11. Europe Sheave 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 Sheave 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 Sheave Bearing Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Heavy Machinery
11.4.3. Aerospace
11.4.4. Medical
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sheave Bearing Market Size and Volume Forecast by Type
11.7.1. ID Under 200mm
11.7.2. ID 200-500mm
11.7.3. ID Above 500mm
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growt 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 Sheave Bearing Demand Share, 2019-2026
12. Asia Pacific Sheave 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 Sheave 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 Sheave Bearing Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Heavy Machinery
12.4.3. Aerospace
12.4.4. Medical
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sheave Bearing Market Size and Volume Forecast by Type
12.7.1. ID Under 200mm
12.7.2. ID 200-500mm
12.7.3. ID Above 500mm
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 Sheave Bearing Demand Share, 2019-2026
13. Middle East & Africa Sheave 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 Sheave 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 Sheave Bearing Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Heavy Machinery
13.4.3. Aerospace
13.4.4. Medical
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sheave Bearing Market Size and Volume Forecast by Type
13.7.1. ID Under 200mm
13.7.2. ID 200-500mm
13.7.3. ID Above 500mm
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 Sheave Bearing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sheave Bearing Market: Market Share Analysis
14.2. Sheave Bearing Distributors and Customers
14.3. Sheave Bearing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Beeline Engineering Products
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Galaxy Bearings
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Bearing
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hikari Seiko
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. Mitsumi Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nachi Brasil
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. National Engineering Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. New Hampshire Ball Bearings
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MinebeaMitsumi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NRB Bearings
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. NSK Brasil
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NTN 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. SKF
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. PT. IKA Wira Niaga
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Schaeffler
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Texspin 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. Timken
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Wafangdian Bearing Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Yuhuan Melun Machinery
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
