Global bearing demand will increase 8.5 percent annually through 2014. Unmounted bearings will continue to account for the majority of sales. The Asia/Pacific region will post the strongest gains, led by China. The motor vehicle and machinery markets will remain the largest sources of demand.
This study analyzes the $50.5 billion world bearings industry. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by product (e.g., roller bearings, ball bearings, plain bearings), market (e.g., motor vehicles, machinery), world region and for 30 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 37 industry participants, including SKF, Schaeffler and NSK.