World Bearings

Unmounted ball and roller bearings will account for nearly three-quarters of total world bearings sales, with the market for these products reaching more than $71 billion.

Global demand to rise 7.8% yearly through 2016

Global demand for bearings is projected to grow 7.8 percent annually to $96 billion in 2016. Unmounted ball and roller bearings will account for nearly threequarters of total sales, with the market for these products reaching more than $71 billion. Sales of unmounted plain bearings will rise to $12 billion in 2016, while aggregate demand for mounted bearings, bearing parts, and combination- type bearings will be nearly $13 billion.

In mature bearing markets (such as Western Europe, Japan, and the US), growth in demand for bearings will be driven by rebounding motor vehicle production and a healthy fixed investment environment. In nations where the bearing market is still developing, sales will rise on rapidly increasing durable goods manufacturing output and the improving ability of the average consumer to purchase items such as appliances and motor vehicles, thereby boosting bearing demand from manufacturers of these goods and in the aftermarket.

Asia/Pacific region to post fastest market gains

The Asia/Pacific region will post the fastest gains of any region between 2011 and 2016 -- climbing an average of 10 percent per year to $54 billion in bearing sales and accounting for more than half of the world total. Demand in China will rise fastest among the major markets in the region. Bearing sales in the country are expected to increase nearly 13 percent annually, stimulated by rapidly expanding motor vehicle and machinery production, combined with a strong aftermarket in industrial equipment and motor vehicle repair. In 2016, bearing sales to customers in China will account for one-third of the world total, and by 2021 the market will exceed those in North America and Western Europe combined.

Demand in largest mature markets to accelerate

Demand for bearings in Japan, the nations of Western Europe, and the US -- the largest mature markets -- will expand faster than it did during the 2006-2011 period. In most of these countries, manufacturing activity -- especially motor vehicle output -- plummeted between 2007 and 2009, before strengthening in 2010 and 2011. Bearing demand followed the same pattern, falling between 2007 and 2009 before turning upward in 2010 and 2011.

As manufacturing output continues to recover, gains in bearing demand will be well above those posted during the 2001-2011 period, due partially to the modest levels of sales in 2011. Growing needs for industrial products and a variety of durable goods in the developing world will aid in the rapid acceleration of bearing sales to original equipment manufacturers operating in Japan, North America, and Western Europe.

Study Scope

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.

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Purchase World Bearings by the Section

  1. World Bearings

    $6,300.00

    1. 1 INTRODUCTION

      $198.00

    2. 2 EXECUTIVE SUMMARY

      $120.00

      1. Table | WORLD BEARING DEMAND (million dollars)

    3. 3 MARKET ENVIRONMENT

      $1,467.00

      1. 3.1 General

        $82.00

      2. 3.2 World Economic Overview

        $277.00

        1. 3.2.1 Recent Historical Trends

          $82.00

        2. 3.2.2 World Economic Outlook

          $179.00

          1. Table | WORLD GROSS DOMESTIC PRODUCT BY REGION (billion 2010 dollars)

      3. 3.3 World Gross Fixed Investment Outlook

        $86.00

        1. Table | WORLD GROSS FIXED INVESTMENT BY REGION (billion 2010 dollars)

      4. 3.4 World Manufacturing Outlook

        $82.00

        1. Table | WORLD MANUFACTURING VALUE ADDED BY REGION (billion 2010 dollars)

      5. 3.5 World Motor Vehicle Production Trends

        $123.00

        1. Table | WORLD MOTOR VEHICLE PRODUCTION BY REGION (thousand units)

      6. 3.6 World Aerospace Equipment Production Trends

        $137.00

        1. Table | WORLD AEROSPACE EQUIPMENT SHIPMENTS BY REGION (billion dollars)

      7. 3.7 Pricing Patterns

        $93.00

        1. Table | WORLD BEARING PRICE DEFLATORS (2010=100)

      8. 3.8 Bearing Materials & Technology

        $392.00

        1. 3.8.1 Bearing Materials

          $174.00

        2. 3.8.2 Recent Technological Developments

          $166.00

      9. 3.9 Legal & Regulatory Environment

        $237.00

        1. 3.9.1 Standards & Regulations

          $112.00

        2. 3.9.2 Pricing, Trade, & Counterfeiting Issues

          $104.00

    4. 4 WORLD SUPPLY & DEMAND

      $1,342.00

      1. 4.1 General

        $82.00

      2. 4.2 Regional Overview

        $348.00

        1. Table | WORLD BEARING DEMAND BY REGION (million dollars)

        2. Table | WORLD BEARING SHIPMENTS BY REGION (million dollars)

        3. 4.2.1 International Trade

          $82.00

          1. Table | WORLD BEARING NET EXPORTS BY REGION (million dollars)

      3. 4.3 Demand by Product

        $505.00

        1. Table | WORLD BEARING DEMAND BY PRODUCT (million dollars)

        2. 4.3.1 Ball Bearings

          $105.00

          1. Table | WORLD BALL BEARING DEMAND BY REGION (million dollars)

        3. 4.3.2 Roller Bearings

          $85.00

          1. Table | WORLD ROLLER BEARING DEMAND BY REGION (million dollars)

        4. 4.3.3 Plain Bearings

          $82.00

          1. Table | WORLD PLAIN BEARING DEMAND BY REGION (million dollars)

        5. 4.3.4 Other Bearings & Bearing Parts

          $161.00

          1. Table | WORLD DEMAND FOR OTHER BEARINGS & BEARING PARTS BY PRODUCT & REGION (million dollars)

      4. 4.4 Demand by Market

        $434.00

        1. Table | WORLD BEARING DEMAND BY MARKET (million dollars)

        2. 4.4.1 Motor Vehicles

          $128.00

          1. Table | WORLD MOTOR VEHICLE BEARING DEMAND BY APPLICATION & REGION (million dollars)

        3. 4.4.2 Machinery

          $86.00

          1. Table | WORLD MACHINERY BEARING DEMAND BY REGION (million dollars)

        4. 4.4.3 Other

          $144.00

          1. Table | WORLD OTHER BEARING DEMAND BY MARKET & REGION (million dollars)

    5. 5 NORTH AMERICA

      $924.00

      1. 5.1 North America: General

        $82.00

      2. 5.2 North America: Bearing Supply & Demand

        $113.00

        1. Table | NORTH AMERICA: BEARING SUPPLY & DEMAND (million dollars)

      3. 5.3 North America: Bearing Outlook & Suppliers

        $82.00

        1. Table | NORTH AMERICA: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      4. 5.4 United States

        $294.00

        1. Table | UNITED STATES: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | UNITED STATES: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      5. 5.5 Canada

        $171.00

        1. Table | CANADA: BEARING SUPPLY & DEMAND (million US dollars)

        2. Table | CANADA: BEARING DEMAND BY PRODUCT & MARKET (million US dollars)

      6. 5.6 Mexico

        $212.00

        1. Table | MEXICO: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | MEXICO: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

    6. 6 WESTERN EUROPE

      $1,768.00

      1. 6.1 Western Europe: General

        $82.00

      2. 6.2 Western Europe: Bearing Supply & Demand

        $92.00

        1. Table | WESTERN EUROPE: BEARING SUPPLY & DEMAND (million dollars)

      3. 6.3 Western Europe: Bearing Outlook & Suppliers

        $83.00

        1. Table | WESTERN EUROPE: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      4. 6.4 Germany

        $200.00

        1. Table | GERMANY: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | GERMANY: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      5. 6.5 Italy

        $173.00

        1. Table | ITALY: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | ITALY: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      6. 6.6 France

        $198.00

        1. Table | FRANCE: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | FRANCE: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      7. 6.7 United Kingdom

        $176.00

        1. Table | UNITED KINGDOM: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | UNITED KINGDOM: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      8. 6.8 Spain

        $166.00

        1. Table | SPAIN: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | SPAIN: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      9. 6.9 Sweden

        $162.00

        1. Table | SWEDEN: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | SWEDEN: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      10. 6.10 Other Western Europe

        $455.00

        1. Table | OTHER WESTERN EUROPE: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | OTHER WESTERN EUROPE: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

        3. 6.10.1 Other Western Europe: Bearing Supply & Demand by Country

          $287.00

          1. Table | OTHER WESTERN EUROPE: BEARING SUPPLY & DEMAND BY COUNTRY (million dollars)

    7. 7 ASIA/PACIFIC

      $2,062.00

      1. 7.1 General

        $82.00

      2. 7.2 Asia/Pacific: Bearing Supply & Demand

        $88.00

        1. Table | ASIA/PACIFIC: BEARING SUPPLY & DEMAND (million dollars)

      3. 7.3 Asia/Pacific: Bearing Outlook & Suppliers

        $107.00

        1. Table | ASIA/PACIFIC: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      4. 7.4 China

        $292.00

        1. Table | CHINA: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | CHINA: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      5. 7.5 Japan

        $274.00

        1. Table | JAPAN: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | JAPAN: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      6. 7.6 South Korea

        $190.00

        1. Table | SOUTH KOREA: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | SOUTH KOREA: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      7. 7.7 India

        $201.00

        1. Table | INDIA: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | INDIA: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      8. 7.8 Taiwan

        $206.00

        1. Table | TAIWAN: BEARING SUPPLY & DEMAND (million US dollars)

        2. Table | TAIWAN: BEARING DEMAND BY PRODUCT & MARKET (million US dollars)

      9. 7.9 Thailand

        $186.00

        1. Table | THAILAND: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | THAILAND: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

      10. 7.10 Other Asia/Pacific

        $447.00

        1. Table | OTHER ASIA/PACIFIC: BEARING SUPPLY & DEMAND (million dollars)

        2. Table | OTHER ASIA/PACIFIC: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

        3. Table | OTHER ASIA/PACIFIC: BEARING SUPPLY & DEMAND BY COUNTRY (million dollars)

    8. 8 OTHER REGIONS

      $2,349.00

      1. 8.1 Central & South America

        $721.00

        1. 8.1.1 Central & South America: Bearing Supply & Demand

          $82.00

          1. Table | CENTRAL & SOUTH AMERICA: BEARING SUPPLY & DEMAND (million dollars)

        2. 8.1.2 Central & South America: Bearing Outlook & Suppliers

          $82.00

          1. Table | CENTRAL & SOUTH AMERICA: BEARING SUPPLY & DEMAND BY PRODUCT & MARKET (million dollars)

        3. 8.1.3 Brazil

          $199.00

          1. Table | BRAZIL: BEARING SUPPLY & DEMAND (million dollars)

          2. Table | BRAZIL: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

        4. 8.1.4 Other Central & South America

          $320.00

          1. Table | OTHER CENTRAL & SOUTH AMERICA: BEARING SUPPLY & DEMAND (million dollars)

          2. Table | OTHER CENTRAL & SOUTH AMERICA: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

          3. Table | OTHER CENTRAL & SOUTH AMERICA: BEARING SUPPLY & DEMAND BY COUNTRY (million dollars)

      2. 8.2 Eastern Europe

        $82.00

      3. 8.3 Eastern Europe: Bearing Supply & Demand

        $82.00

        1. Table | EASTERN EUROPE: BEARING SUPPLY & DEMAND (million dollars)

      4. 8.4 Eastern Europe: Bearing Outlook & Suppliers

        $706.00

        1. Table | EASTERN EUROPE: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

        2. 8.4.1 Russia

          $207.00

          1. Table | RUSSIA: BEARING SUPPLY & DEMAND (million dollars)

          2. Table | RUSSIA: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

        3. 8.4.2 Other Eastern Europe

          $428.00

          1. Table | OTHER EASTERN EUROPE: BEARING SUPPLY & DEMAND (million dollars)

          2. Table | OTHER EASTERN EUROPE: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

          3. Table | OTHER EASTERN EUROPE: BEARING SUPPLY & DEMAND BY COUNTRY (million dollars)

      5. 8.5 Africa/Mideast

        $82.00

      6. 8.6 Africa/Mideast: Bearing Supply & Demand

        $82.00

        1. Table | AFRICA/MIDEAST: BEARING SUPPLY & DEMAND (million dollars)

      7. 8.7 Africa/Mideast: Bearing Outlook & Suppliers

        $659.00

        1. Table | AFRICA/MIDEAST: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

        2. 8.7.1 Turkey

          $178.00

          1. Table | TURKEY: BEARING SUPPLY & DEMAND (million dollars)

          2. Table | TURKEY: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

        3. 8.7.2 Other Africa Mideast

          $410.00

          1. Table | OTHER AFRICA/MIDEAST: BEARING SUPPLY & DEMAND (million dollars)

          2. Table | OTHER AFRICA/MIDEAST: BEARING DEMAND BY PRODUCT & MARKET (million dollars)

          3. Table | OTHER AFRICA/MIDEAST BEARING SUPPLY & DEMAND BY COUNTRY (million dollars)

    9. 9 INDUSTRY STRUCTURE

      $6,339.00

      1. 9.1 General

        $82.00

      2. 9.2 Industry Composition

        $119.00

        1. Table | BEARING SALES FOR SELECTED MANUFACTURERS, 2011 (million dollars)

      3. 9.3 Market Share

        $202.00

      4. 9.4 Product Development & Manufacturing

        $90.00

      5. 9.5 Marketing & Distribution

        $132.00

      6. 9.6 Cooperative Agreements

        $194.00

        1. Table | SELECTED COOPERATIVE AGREEMENTS

      7. 9.7 Financial Requirements

        $92.00

      8. 9.8 Acquisitions & Divestitures

        $82.00

        1. Table | SELECTED ACQUISITIONS & DIVESTITURES

      9. 9.9 Company Profiles

        $5,860.00

        1. 9.9.1 Bosch (Robert) GmbH

          $140.00

        2. 9.9.2 C&U Group Company Limited

          $88.00

        3. 9.9.3 Daido Metal Company Limited

          $141.00

        4. 9.9.4 Danaher Corporation

          $89.00

        5. 9.9.5 Emerson Electric Company

          $219.00

        6. 9.9.6 EnPro Industries Incorporated

          $146.00

        7. 9.9.7 European Bearing Corporation

          $82.00

        8. 9.9.8 Federal-Mogul Corporation

          $250.00

        9. 9.9.9 GKN plc

          $82.00

        10. 9.9.10 Harbin Bearing Manufacturing Company Limited

          $82.00

        11. 9.9.11 Harsha Engineers Limited

          $82.00

        12. 9.9.12 HHI Group Holdings LLC

          $82.00

        13. 9.9.13 Iljin Group

          $99.00

        14. 9.9.14 JTEKT Corporation

          $265.00

        15. 9.9.15 Kaydon Corporation

          $191.00

        16. 9.9.16 Luoyang LYC Bearing Company Limited

          $104.00

        17. 9.9.17 MAHLE International GmbH

          $150.00

        18. 9.9.18 Miba AG

          $95.00

        19. 9.9.19 Minebea Company Limited

          $179.00

        20. 9.9.20 Nachi-Fujikoshi Limited

          $163.00

        21. 9.9.21 National Engineering Industries Limited

          $82.00

        22. 9.9.22 NN Incorporated

          $167.00

        23. 9.9.23 NSK Limited

          $504.00

        24. 9.9.24 NTN Corporation

          $332.00

        25. 9.9.25 Oiles Corporation

          $82.00

        26. 9.9.26 RBC Bearings Incorporated

          $223.00

        27. 9.9.27 Rexnord Corporation

          $123.00

        28. 9.9.28 Rheinmetall AG

          $112.00

        29. 9.9.29 Samara Bearing Plant Joint Stock Company

          $82.00

        30. 9.9.30 Schaeffler Group

          $292.00

        31. 9.9.31 SKF AB

          $653.00

        32. 9.9.32 THK Company Limited

          $135.00

        33. 9.9.33 ThyssenKrupp AG

          $110.00

        34. 9.9.34 Timken Company

          $288.00

        35. 9.9.35 Wafangdian Bearing Group Corporation

          $84.00

      10. 9.10 Other Companies Mentioned in Study

        $619.00

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