The global bearings market is expected to reach USD 117.27 billion by
2020. Growing need to address energy efficiency in several application areas is
expected to drive the bearings market. Technological advancements along with
investments in R&D activities are also expected to drive market demand over
the forecast period. Development of seal technologies, light weight elements in
high performance bearings and lubrication technologies offer several market
growth opportunities. The aforementioned technologies exhibit high energy
efficiency characteristics. Bearings help reduce energy consumption by reducing
friction between several mechanical components in a wide range of industrial
equipments and machinery. For example, the new E2 bearings developed by SKF are
reported to help reduce friction significantly.
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Further key
findings from the study suggest:
Ball bearings are expected to emerge as a high growth segment over the
next few years as it exhibits the capability to reduce friction owing to
smaller surface contact. Furthermore, ball bearings can be used with thrust as
well as radial loading owing to their ability to spin smoothly. Deep groove
bearings are simple in design, non-separable and need low maintenance owing to
which the segment is expected to witness considerable growth over the next few
years.
Growing demand for auto components and automobiles is expected to fuel
market demand over the forecast period. The railway & aerospace sector is
also expected to witness rapid growth over the next six years. Rise in the
number of commuters using public transportation is expected to be the key
market driver. Further, availability of improved ways to assist local as well
as worldwide transportation systems also provide opportunities for market
growth.
Table Of Content
Chapter 1.
Methodology and Scope
1.1. Research
Methodology
1.2. Research Scope
& Assumption
1.3. List of Data
Sources
Chapter 2.
Executive Summary
2.1. Bearings -
Industry Summary and Critical Success Factors (CSFs)
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Chapter 3.
Bearings Industry Outlook
3.1. Market Segmentation
3.2. Market Size and
Growth Prospects
3.3. Bearings Value
Chain Analysis
3.4. Bearings Market
Dynamics
3.5. Key
Opportunities Prioritized
3.6. Industry
Analysis - Porter's
3.7. Bearings -
Company market share analysis, 2013
3.8. Bearings PESTEL
Analysis, 2013
Chapter 4.
Bearings Product Outlook
4.1. Ball Bearings
4.2. Roller Bearings
4.3. Others
Chapter 5.
Bearings Application Outlook
5.1. Automotive
5.2. Agriculture
5.3. Electrical
5.4. Mining &
Construction
5.5. Railway &
Aerospace
5.6. Others
Chapter 6.
Automotive Relays Regional Outlook
6.1. North America
6.2. Europe
6.3. Asia Pacific
6.4. Latin America
6.5. MEA
Chapter 7.
Competitive Landscape
7.1. Brammer PLC
7.2. C&U Group
Company Limited
7.3. Daido Metal
Company Limited
7.4. Harbin Bearing
Manufacturing Co., Ltd.
7.5 HKT Bearings
Ltd.
7.6. JTEKT
Corporation
7.7. Luoyang LYC
Bearing Company Limited
7.8. Minebea Company
Limited
7.9. NBI Bearings
Europe, S.A.
7.10. NSK Global
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