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Download Free sampleBearings are used as a mechanical component to transfer the power and to move a certain part, and this is done by utilizing the small frictional force of the bearings, which makes them rotate easily (or move in one direction easily), all the while withstanding the force and weight load acting against them.
Bearings Market contains market size and forecasts of Bearings in Global, including the following market information:
Global Bearings Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Bearings market was valued at 59550 million in 2021 and is projected to reach US$ 77450 million by 2028, at a CAGR of 3.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Ball Bearing Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bearings include SKF, Schaeffler, NSK, NTN, JTEKT, Timken, NMB Minebea, Rexnord and NACHI, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Bearings companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bearings Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Bearings Market Segment Percentages, by Type, 2021 (%)
Ball Bearing
Roller Bearing
Global Bearings Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Bearings Market Segment Percentages, by Application, 2021 (%)
Automotive Industry
Industrial Machine
Aerospace Industry
Others
Global Bearings Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Bearings Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bearings revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Bearings revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
SKF
Schaeffler
NSK
NTN
JTEKT
Timken
NMB Minebea
Rexnord
NACHI
LYC
RBC Bearings
ZWZ
C&U GROUP
Rothe Erde
HARBIN Bearing
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