Global bearings demand will rise 5.5 percent annually through 2010 based on higher manufacturing production and rising aerospace and motor vehicle output. Market advances in the developing world will significantly outpace demand in the US, Europe and Japan. China will register the largest gains, with growth in India, Thailand and Brazil also strong.
This study analyzes the $32 billion world bearings industry. It presents historical demand data for 1995, 2000 and 2005, and forecasts to 2010 and 2015 by bearing application and type, and for world regional (e.g., North America, Asia/Pacific, Western Europe) and 30 major national markets.
The study also considers market environment indicators, details industry structure and competitive strategies, evaluates company market share and profiles 33 major players including SKF, Schaeffler, Timken, NSK, NTN and Koyo.