Global demand for bearings will rise 7.8 percent yearly to $96 billion in 2016. The Asia/Pacific region will post the fastest gains and account for more than half of the world total. Unmounted ball bearings will remain the best selling type, followed closely by unmounted roller bearings, which will experience the fastest sales gains.
This study analyzes the $65.9 billion world bearings industry, with forecasts for 2016 and 2021 by product (e.g., ball bearings, roller bearings, plain bearings), market (e.g., motor vehicles, machinery, aerospace equipment), world region and for 30 countries.
The study also considers market environment factors, details industry structure, evaluates company market shares and profiles 35 industry players, including SKF, Schaeffler and Timken.