Press release
Global Super Precision Bearing Market Projected to Reach 1040 Million US$ by 2025, at a CAGR of 4.5%
In terms of production side, this report researches the Super Precision Bearing capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Super Precision Bearing by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
A bearing is a machine element that constrains relative motion to only the desired motion, and reduces friction between moving parts. Super precision bearings are high-precision bearings that are designed for use in machine-tool spindles and other precision applications.
At present, the manufactures of Super Precision Bearing are concentrated in Europe, North America, Japan and China. Europe is the largest production area in the world, which occupied about 41.25% in 2016. The following areas are Japan, North America and China. The global leading players in this market are Schaeffler, Nachi-Fujikoshi, NSK, SKF, Koyo, etc.
The Super Precision Bearing are mainly used by machine tools, medical and dental, aviation & defense, precision equipment. The main type of super precision bearing are angular contact ball bearings, cylindrical roller bearings, double direction angular contact thrust ball bearings and axial-radial cylindrical roller bearings
Despite the presence of competition problems, due to the increasing demand of high precision and effective products, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.
The Super Precision Bearing market was valued at 770 Million US$ in 2017 and is projected to reach 1040 Million US$ by 2025, at a CAGR of 4.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Super Precision Bearing.
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This report includes the following manufacturers; we can also add the other companies as you want.
Schaeffler
Nachi-Fujikoshi
NSK
SKF
Koyo
Timken
ZYS
C&U Group
ZWZ
NTN
Market Segment by Product Type
Angular Contact Ball Bearings
Cylindrical Roller Bearings
Double Direction Angular Contact Thrust Ball Bearings
Axial-Radial Cylindrical Roller Bearings
Others
Market Segment by Application
Machine Tools
Medical and Dental
Aviation & Defense
Precision Equipment
Others
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