Bearing Market 2018 Industry Trends, Leading Players - NTN, Svenska Kullagerfabriken, Schaeffler Group, NSK, The Timken Company, JTEKT, Robert Bosch GmbH

Bearing Market 2018

Bearing Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2022. Bearing Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2022

Global Bearing Market Information Report, by Product (Plain Bearings, Ball Bearings, Roller Bearings and others), by Application (Automotive, Electronics, Aerospace, Construction and others) and By Region - Global Forecast to 2022

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Global Bearing Market Drivers:

The wide application of bearings in the automotive industry is acting as one of the major driving forces for generating a colossal demand for bearings in the global market. The increasing application of bearings in various industrial sectors, such as electronics, railway, aerospace, mining and construction, manufacturing and transport and others, is fueling the expansion of the global bearing market. The various benefits of bearings, that include reduced lubricant consumption, reduction in energy consumption and enhanced equipment performance, are inducing the demand for bearings in multiple industries.The increasing utilization of high capacity bearings in wind turbines is generating demand for bearings in the market, leading to the growth of the global bearing market. The unprecedented growth of the automotive industry and increase in the manufacturing of heavy machinery are some of the important factors fueling the expansion of the global bearing market.

Market Segmentation:

The global bearing market has been segmented on the basis of product and application. On the basis of product, the bearing market is segmented into plain bearing, ball bearing, roller bearing and others. Among these, the ball bearing segment dominated the global bearing market in 2015. However, the roller bearing segment is anticipated to dominate the market during the forecast period as this product provides reduced friction and can sustain heavy radial load and shock or impact loading as compared to ball bearing.

Detailed Regional Analysis:

On the basis of region, the global bearing market has been segmented into North America, Europe, Asia-Pacific and the rest of the world. Among these regions, Asia-Pacific is anticipated to dominate the global bearing market due to the rapid expansion of automotive, construction and other industries in this region. The robust growth of automotive, construction, mining and aerospace industries in North America and European region is fueling the expansion of the bearing market in this region. The rapid infrastructural and industrial development is influencing the expansion of the global bearing market in the rest of the world.

Competitive Analysis:

The constant surge in investment for research and development by the major manufacturers to introduce innovative products in the market is triggering the competition among the players of the global bearing market. In May 2018, NTN Corporation (Japan) has launched a new product called ‘sHUB,’ a hub bearing with steering assist function, which can be equipped on the front wheels of the vehicles.

The leading players in the global bearing market are NTN Corporation (Japan), Svenska Kullagerfabriken AB (Sweden), Schaeffler Group (Germany), NSK Ltd. (Japan), The Timken Company (U.S.), JTEKT Corporation (Japan), Robert Bosch GmbH (Japan), The Danaher Corporation (U.S.), GKN plc.(U.K.) Minebea Mitsumi, Inc. (Japan) and others.

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LIST OF TABLES

TABLE 1GLOBAL ENGINEERING PLASTIC MARKET, BY PRODUCT

TABLE 2 GLOBAL ENGINEERING PLASTICMARKET, BY APPLICATION

TABLE 3 GLOBAL ENGINEERING PLASTIC MARKET, BY REGIONS

TABLE 4 NORTH AMERICA ENGINEERING PLASTIC MARKET, BY COUNTRY

TABLE 5 NORTH AMERICA ENGINEERING PLASTIC MARKET, BY PRODUCT

….

LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 GLOBAL ENGINEERING PLASTIC MARKET: BY PRODUCT (%)

FIGURE 3 GLOBAL ENGINEERING PLASTIC MARKET: BY APPLICATION (%)

FIGURE 4 GLOBAL ENGINEERING PLASTIC MARKET: BY REGION

FIGURE 5 NORTH AMERICA ENGINEERING PLASTIC MARKET, BY PRODUCT (%)

…….Continued

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