This report forecasts to 2025 global demand for bearings by product, market, and major world region in nominal US dollars at the manufacturer level. Product segments include: ball bearings, roller bearings, plain bearings, mounted and combination bearings, and bearing parts. Reported markets encompass: machinery, motor vehicles, motorcycles, aerospace equipment, and other markets such as medical equipment and railway equipment. Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.
To illustrate historical trends, world, product, market, and regional demand (including product and market segments) are provided for 2010, 2015, and 2020. Finally, global production is segmented by major world region and provided for 2010, 2015, 2020, and 2025.
Excluded from the scope of this report are: adaptor and withdrawal sleeves; flexure, fluid, and magnetic bearings; lock nuts and washers; lubricators; and retaining plates. Whenever possible, efforts were made to prevent bearing sales from being counted more than once in the numbers presented here, although it is difficult to do because of the structure of the bearing industry.
For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2020.
Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.
Related NAICS Codes:
332991 Ball and roller bearing manufacturing
333613 Mechanical power transmission equipment manufacturing
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