Press release
Mounted Bearing Market Anticipated To Witness Robust Growth, Surpassing $2.14 Billion By 2029
The Mounted Bearing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Mounted Bearing Market Size and Its Estimated Growth Rate?
The mounted bearing market has shown strong growth recently. It will grow from $1.54 billion in 2024 to $1.65 billion in 2025 at a CAGR of 7.0%. Key growth drivers include industrial expansion, the rise of heavy machinery industries, higher machinery performance demands, growing investment in industrial infrastructure, and demand for specialized bearing solutions.
The mounted bearing market is expected to grow steadily, reaching $2.14 billion by 2029, at a CAGR of 6.6%. Growth drivers include rising automation, robotics adoption, emphasis on sustainability, the rise of EVs, and the globalization of manufacturing. Trends include the use of advanced materials, smart and connected bearings, electrification of transportation, and growing demand for application-specific solutions.
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How Are Emerging Segments Shaping the Mounted Bearing Market Landscape?
The mounted bearing market covered in this report is segmented -
1) By Product Type: Ball Bearing, Roller Bearing
2) By Equipment: Ball Mill Drives, Fans And Blowers, Gearboxes And Transmissions, Conveyors, Crushers, Mixer Drives, Other Equipment
3) By Housing Block Type: Plummer Block, Flanged Block, Take-Up Block, Other Housing Block Types
4) By Sales Channel: Original Equipment Manufacturers, Aftermarket
5) By End User: Food And Beverages, Agriculture, Construction And Mining, Automotive And Transportation, Chemical And Pharmaceutical, Energy, General Industrial And Machinery, Pulp And Paper
Subsegments:
1) By Ball Bearing: Deep Groove Ball Bearings, Angular Contact Ball Bearings, Self-Aligning Ball Bearings, Thrust Ball Bearings, Miniature Ball Bearings, Hybrid Ball Bearings (With Ceramic Elements), Precision Ball Bearings, Sealed And Shielded Ball Bearings, Radial Ball Bearings, Ball Bearings For Automotive And Industrial Applications
2) By Roller Bearing: Cylindrical Roller Bearings, Tapered Roller Bearings, Spherical Roller Bearings, Needle Roller Bearings, Thrust Roller Bearings, Crossed Roller Bearings, Toroidal Roller Bearings, Precision Roller Bearings, Sealed And Shielded Roller Bearings, Roller Bearings For Heavy Machinery And Automotive Applications
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Which Growth Factors Are Influencing Mounted Bearing Market Expansion?
Similarly, the mounted bearing market is seeing positive growth from the electric vehicle (EV) sector, as bearings play a vital role in ensuring the smooth and efficient operation of EV motors, especially as the demand for electric vehicles continues to rise.
Who Are the Dominant Players Across Different Mounted Bearing Market Segments?
Major companies operating in the mounted bearing market are JTEKT Corporation, SKF AB, NSK Ltd., Rexnord Corporation, Regal Beloit Corporation, The Timken Company, Wafangdian Bearing Group Corporation, Rexnord Industries LLC, Altra Industrial Motion Corp., Baldor Electric Company, Peer Bearing Company, Kaman Industrial Technologies Corporation, NRB Industrial Bearings Limited, Aurora Bearing Company, IKO International Inc., Mageba SA, cli*max Metal Products Company, Scheerer Bearing Corporation, ISB Industries, Dalton Bearing Service Inc., IPTCI Bearings, Moline Bearing Company, Hudson Bearings, FYH Bearing Units USA Inc., Cixing Group Co. Ltd
What Are the Latest Developing Trends in the Mounted Bearing Market?
Companies in the mounted bearing market are advancing with bearing solutions for rocket propulsion to support aerospace needs. In January 2024, Carter Americas launched bearings for the Launch Canada initiative, offering high-performance capabilities under extreme rocket launch conditions.
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Which Geographic Regions Are Expected to Dominate the Mounted Bearing Market in the Coming Years?
North America was the largest region in the mounted bearing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mounted bearing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Mounted Bearing Market?
2. What is the CAGR expected in the Mounted Bearing Market?
3. What Are the Key Innovations Transforming the Mounted Bearing Industry?
4. Which Region Is Leading the Mounted Bearing Market?
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Efficient Research: Quickly identify market growth, leading players, and major segments.
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