World Bearings

India replaces China as fastest growing bearing market

In percentage terms, India will post the fastest increase in bearing demand through 2020. India’s motor vehicle and machinery markets are expected to expand substantially, bolstering related bearing demand in original equipment manufacturing applications, supporting growth in after- market bearing demand. In general, the strongest sales advances will be in the world’s developing areas, with Thailand, China, and Mexico also registering particularly robust market gains through 2020.

Sales growth in a number of developed countries, most notably in Western Europe, will accelerate through 2020. The West European market for bearings has been con- strained in recent years by subpar advances in durables manufacturing output. Japan and South Korea will also register stronger advances in demand than during the 2010-2015 period, with Japan recovering from market declines recorded during this span.

Unmounted ball & roller bearings dominate other types

Unmounted ball and roller bearings will remain the dominant product types. However, sales gains for these products will be slower than expected market increases for plain bearings and mounted bearings and parts. Plain bearing sales will be supported by their low cost and innovations that will enable them to be used in markets where they have been historically limited. Mounted bearing sales will be boosted largely by the increased output of machinery.

China continues to dwarf demand in other countries

China will remain the largest bearing market in the world, because it is the largest manufacturer of durable goods globally, producing significant quantities of aerospace equipment, machinery, motorcycles, and motor vehicles, all of which utilize large numbers of bearings. In addition to being the world’s leading market for bearings, sales increases in the nation will continue to outpace product demand growth globally.

Motor vehicles & machinery are largest markets

Motor vehicles and machinery are the two largest markets for bearings. Each of these markets utilizes an array of bearing products. However, the fastest increases in future bearing demand will come from the smaller, but still significant aerospace and motorcycle markets, with the most pronounced advances coming in the motorcycle market. Motorcycle production, especially that of electric bikes, will pick up significantly through 2020.

Study coverage

World Bearings presents historical data (2005, 2010 and 2015) plus forecasts (2020 and 2025) for supply and demand, as well as demand by product (ball, roller, plain, others, parts) and by market (motor vehicles, machinery, aerospace equipment, motor- cycles). The study also considers key market environment factors, evaluates company market share and profiles 38 global competitors.

Freedonia's market research studies provide timely access to reliable, unbiased analysis from which to benchmark performance and answer critical questions: Is your business growing faster or slower than the overall market? Is your organization gaining or losing market share? Which products and markets are the most desirable to explore for expansion? Are there industry trends or competitor activities that present a threat or opportunity to your business?

Studies offer a great ROI and can help business leaders make informed, analytically driven decisions. When considering the time, effort, and expertise that goes into it, our off-the-shelf research saves our clients time and money.

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Purchase World Bearings by the Section

  1. World Bearings

    $6,400.00

    1. 1 INTRODUCTION

      $248.00

    2. 2 EXECUTIVE SUMMARY

      $130.00

      1. Table | WORLD BEARING DEMAND

    3. 3 MARKET ENVIRONMENT

      $1,382.00

      1. 3.1 General

        $82.00

      2. 3.2 World Economic Overview

        $235.00

        1. 3.2.1 Recent Historical Trends

          $82.00

        2. 3.2.2 World Economic Outlook

          $144.00

          1. Table | WORLD GROSS DOMESTIC PRODUCT BY REGION

      3. 3.3 World Gross Fixed Investment Outlook

        $91.00

        1. Table | WORLD GROSS FIXED INVESTMENT BY REGION

      4. 3.4 World Durable Goods Manufacturing Outlook

        $131.00

        1. Table | WORLD DURABLE GOODS MANUFACTURING VALUE ADDED BY TYPE & REGION

      5. 3.5 World Motor Vehicle Production Trends

        $192.00

        1. Table | WORLD MOTOR VEHICLE PRODUCTION BY TYPE & REGION

      6. 3.6 World Aerospace Equipment Production Trends

        $130.00

        1. Table | WORLD AEROSPACE EQUIPMENT SHIPMENTS BY REGION

      7. 3.7 Pricing Patterns

        $102.00

        1. Table | WORLD BEARING PRICE DEFLATORS

        2. CHART II-1 WORLD BEARING PRICING, 2005-2025

      8. 3.8 Bearing Materials & Technology

        $249.00

        1. 3.8.1 Bearing Materials

          $121.00

        2. 3.8.2 Recent Technological Developments

          $83.00

      9. 3.9 Legal & Regulatory Environment

        $204.00

        1. 3.9.1 Standards & Regulations

          $87.00

        2. 3.9.2 Pricing, Trade, & Counterfeiting Issues

          $90.00

    4. 4 WORLD SUPPLY & DEMAND

      $1,301.00

      1. 4.1 General

        $82.00

      2. 4.2 Regional Overview

        $291.00

        1. 4.2.1 Demand

          $123.00

          1. Table | WORLD BEARING DEMAND BY REGION

          2. CHART III-1 WORLD BEARING DEMAND BY REGION, 2015

          3. CHART III-2 WORLD BEARING DEMAND PROJECTED 2015-2020 ANNUAL RATE OF GROWTH

        2. 4.2.2 Production

          $82.00

          1. Table | WORLD BEARING SHIPMENTS BY REGION

          2. CHART III-3 WORLD BEARING SHIPMENTS BY REGION, 2015

        3. 4.2.3 International Trade

          $82.00

          1. Table | WORLD BEARING NET EXPORTS BY REGION

      3. 4.3 Demand by Product

        $550.00

        1. Table | WORLD BEARING DEMAND BY PRODUCT

        2. CHART III-4 WORLD BEARING DEMAND BY PRODUCT, 2015

        3. 4.3.1 Ball Bearings

          $100.00

          1. Table | WORLD BALL BEARING DEMAND BY REGION

        4. 4.3.2 Roller Bearings

          $96.00

          1. Table | WORLD ROLLER BEARING DEMAND BY TYPE & REGION

        5. 4.3.3 Plain Bearings

          $101.00

          1. Table | WORLD PLAIN BEARING DEMAND BY TYPE & REGION

        6. 4.3.4 Other Bearings & Bearing Parts

          $158.00

          1. Table | WORLD DEMAND FOR OTHER BEARINGS & BEARING PARTS BY PRODUCT & REGION

      4. 4.4 Demand by Market

        $400.00

        1. CHART III-5 TYPES OF BEARING APPLICATIONS

        2. Table | WORLD BEARING DEMAND BY MARKET

        3. CHART III-6 WORLD BEARING DEMAND BY MARKET, 2015

        4. 4.4.1 Motor Vehicles

          $82.00

          1. Table | WORLD MOTOR VEHICLE BEARING DEMAND BY APPLICATION & REGION

        5. 4.4.2 Machinery

          $82.00

          1. Table | WORLD MACHINERY BEARING DEMAND BY REGION

        6. 4.4.3 Other Markets

          $181.00

          1. Table | WORLD OTHER BEARING DEMAND BY MARKET & REGION

    5. 5 NORTH AMERICA

      $891.00

      1. 5.1 North America: General

        $82.00

      2. 5.2 North America: Bearing Supply & Demand

        $104.00

        1. Table | NORTH AMERICA: BEARING SUPPLY & DEMAND

        2. CHART IV-1 NORTH AMERICA: BEARING DEMAND BY COUNTRY, 2015

      3. 5.3 North America: Bearing Market Outlook

        $82.00

        1. Table | NORTH AMERICA: BEARING DEMAND BY MARKET

      4. 5.4 United States

        $246.00

        1. 5.4.1 United States: General

          $89.00

        2. 5.4.2 United States: Bearing Supply & Demand

          $107.00

          1. Table | UNITED STATES: BEARING SUPPLY & DEMAND

        3. 5.4.3 United States: Bearing Market Outlook

          $82.00

          1. Table | UNITED STATES: BEARING DEMAND BY MARKET

      5. 5.5 Canada

        $197.00

        1. 5.5.1 Canada: General

          $82.00

        2. 5.5.2 Canada: Bearing Supply & Demand

          $82.00

          1. Table | CANADA: BEARING SUPPLY & DEMAND

        3. 5.5.3 Canada: Bearing Market Outlook

          $82.00

          1. Table | CANADA: BEARING DEMAND BY MARKET

      6. 5.6 Mexico

        $223.00

        1. 5.6.1 Mexico: General

          $82.00

        2. 5.6.2 Mexico: Bearing Supply & Demand

          $101.00

          1. Table | MEXICO: BEARING SUPPLY & DEMAND

        3. 5.6.3 Mexico: Bearing Market Outlook

          $82.00

          1. Table | MEXICO: BEARING DEMAND BY MARKET

    6. 6 WESTERN EUROPE

      $1,863.00

      1. 6.1 Western Europe: General

        $96.00

      2. 6.2 Western Europe: Bearing Supply & Demand

        $103.00

        1. Table | WESTERN EUROPE: BEARING SUPPLY & DEMAND

        2. CHART V-1 WESTERN EUROPE: BEARING DEMAND BY COUNTRY, 2015

      3. 6.3 Western Europe: Bearing Market Outlook

        $82.00

        1. Table | WESTERN EUROPE: BEARING DEMAND BY MARKET

      4. 6.4 Germany

        $228.00

        1. 6.4.1 Germany: General

          $82.00

        2. 6.4.2 Germany: Bearing Supply & Demand

          $104.00

          1. Table | GERMANY: BEARING SUPPLY & DEMAND

        3. 6.4.3 Germany: Bearing Market Outlook

          $82.00

          1. Table | GERMANY: BEARING DEMAND BY MARKET

      5. 6.5 Italy

        $230.00

        1. 6.5.1 Italy: General

          $97.00

        2. 6.5.2 Italy: Bearing Supply & Demand

          $82.00

          1. Table | ITALY: BEARING SUPPLY & DEMAND

        3. 6.5.3 Italy: Bearing Market Outlook

          $82.00

          1. Table | ITALY: BEARING DEMAND BY MARKET

      6. 6.6 France

        $243.00

        1. 6.6.1 France: General

          $91.00

        2. 6.6.2 France: Bearing Supply & Demand

          $91.00

          1. Table | FRANCE: BEARING SUPPLY & DEMAND

        3. 6.6.3 France: Bearing Market Outlook

          $82.00

          1. Table | FRANCE: BEARING DEMAND BY MARKET

      7. 6.7 United Kingdom

        $178.00

        1. 6.7.1 United Kingdom: General

          $82.00

        2. 6.7.2 United Kingdom: Bearing Supply & Demand

          $82.00

          1. Table | UNITED KINGDOM: BEARING SUPPLY & DEMAND

        3. 6.7.3 United Kingdom: Bearing Market Outlook

          $82.00

          1. Table | UNITED KINGDOM: BEARING DEMAND BY MARKET

      8. 6.8 Spain

        $215.00

        1. 6.8.1 Spain: General

          $82.00

        2. 6.8.2 Spain: Bearing Supply & Demand

          $87.00

          1. Table | SPAIN: BEARING SUPPLY & DEMAND

        3. 6.8.3 Spain: Bearing Market Outlook

          $82.00

          1. Table | SPAIN: BEARING DEMAND BY MARKET

      9. 6.9 Other Western Europe

        $518.00

        1. 6.9.1 Other Western Europe: General

          $100.00

        2. 6.9.2 Other Western Europe: Bearing Supply & Demand

          $94.00

          1. Table | OTHER WESTERN EUROPE: BEARING SUPPLY & DEMAND

        3. 6.9.3 Other Western Europe: Bearing Market Outlook

          $82.00

          1. Table | OTHER WESTERN EUROPE: BEARING DEMAND BY MARKET

        4. 6.9.4 Other Western Europe: Bearing Supply & Demand by Country

          $266.00

          1. Table | OTHER WESTERN EUROPE: BEARING SUPPLY & DEMAND BY COUNTRY

    7. 7 ASIA/PACIFIC

      $2,058.00

      1. 7.1 Asia/Pacific: General

        $82.00

      2. 7.2 Asia/Pacific: Bearing Supply & Demand

        $140.00

        1. Table | ASIA/PACIFIC: BEARING SUPPLY & DEMAND

        2. CHART VI-1 ASIA/PACIFIC: BEARING DEMAND BY COUNTRY, 2015

      3. 7.3 Asia/Pacific: Bearing Market Outlook

        $82.00

        1. Table | ASIA/PACIFIC: BEARING DEMAND BY MARKET

      4. 7.4 China

        $265.00

        1. 7.4.1 China: General

          $98.00

        2. 7.4.2 China: Bearing Supply & Demand

          $98.00

          1. Table | CHINA: BEARING SUPPLY & DEMAND

        3. 7.4.3 China: Bearing Market Outlook

          $82.00

          1. Table | CHINA:BEARING DEMAND BY MARKET

      5. 7.5 Japan

        $242.00

        1. 7.5.1 Japan: General

          $84.00

        2. 7.5.2 Japan: Bearing Supply & Demand

          $105.00

          1. Table | JAPAN: BEARING SUPPLY & DEMAND

        3. 7.5.3 Japan: Bearing Market Outlook

          $82.00

          1. Table | JAPAN: BEARING DEMAND BY MARKET

      6. 7.6 South Korea

        $229.00

        1. 7.6.1 South Korea: General

          $82.00

        2. 7.6.2 South Korea: Bearing Supply & Demand

          $93.00

          1. Table | SOUTH KOREA: BEARING SUPPLY & DEMAND

        3. 7.6.3 South Korea: Bearing Market Outlook

          $82.00

          1. Table | SOUTH KOREA: BEARING DEMAND BY MARKET

      7. 7.7 India

        $233.00

        1. 7.7.1 India: General

          $82.00

        2. 7.7.2 India: Bearing Supply & Demand

          $97.00

          1. Table | INDIA: BEARING SUPPLY & DEMAND

        3. 7.7.3 India: Bearing Market Outlook

          $82.00

          1. Table | INDIA: BEARING DEMAND BY MARKET

      8. 7.8 Taiwan

        $208.00

        1. 7.8.1 Taiwan: General

          $82.00

        2. 7.8.2 Taiwan: Bearing Supply & Demand

          $82.00

          1. Table | TAIWAN: BEARING SUPPLY & DEMAND

        3. 7.8.3 Taiwan: Bearing Market Outlook

          $82.00

          1. Table | TAIWAN: BEARING DEMAND BY MARKET

      9. 7.9 Thailand

        $220.00

        1. 7.9.1 Thailand: General

          $87.00

        2. 7.9.2 Thailand: Bearing Supply & Demand

          $89.00

          1. Table | THAILAND: BEARING SUPPLY & DEMAND

        3. 7.9.3 Thailand: Bearing Market Outlook

          $82.00

          1. Table | THAILAND: BEARING DEMAND BY MARKET

      10. 7.10 Other Asia/Pacific

        $396.00

        1. 7.10.1 Other Asia/Pacific: General

          $82.00

        2. 7.10.2 Other Asia/Pacific: Bearing Supply & Demand

          $86.00

          1. Table | OTHER ASIA/PACIFIC: BEARING SUPPLY & DEMAND

        3. 7.10.3 Other Asia/Pacific: Bearing Market Outlook

          $82.00

          1. Table | OTHER ASIA/PACIFIC: BEARING DEMAND BY MARKET

        4. 7.10.4 Other Asia/Pacific: Bearing Supply & Demand by Country

          $181.00

          1. Table | OTHER ASIA/PACIFIC: BEARING SUPPLY & DEMAND BY COUNTRY

    8. 8 OTHER REGIONS

      $2,605.00

      1. 8.1 Central & South America

        $826.00

        1. 8.1.1 Central & South America: General

          $82.00

        2. 8.1.2 Central & South America: Bearing Supply & Demand

          $102.00

          1. Table | CENTRAL & SOUTH AMERICA: BEARING SUPPLY & DEMAND

          2. CHART VII-1 CENTRAL & SOUTH AMERICA: BEARING DEMAND BY COUNTRY, 2015

        3. 8.1.3 Central & South America: Bearing Market Outlook

          $82.00

          1. Table | CENTRAL & SOUTH AMERICA: BEARING DEMAND BY MARKET

        4. 8.1.4 Brazil

          $229.00

          1. Table | BRAZIL: BEARING SUPPLY & DEMAND

          2. Table | BRAZIL: BEARING DEMAND BY MARKET

        5. 8.1.5 Other Central & South America

          $355.00

          1. Table | OTHER CENTRAL & SOUTH AMERICA: BEARING SUPPLY & DEMAND

          2. Table | OTHER CENTRAL & SOUTH AMERICA: BEARING DEMAND BY MARKET

          3. Table | OTHER CENTRAL & SOUTH AMERICA: BEARING SUPPLY & DEMAND BY COUNTRY

      2. 8.2 Eastern Europe

        $932.00

        1. 8.2.1 Eastern Europe: General

          $82.00

        2. 8.2.2 Eastern Europe: Bearing Supply & Demand

          $93.00

          1. Table | EASTERN EUROPE: BEARING SUPPLY & DEMAND

          2. CHART VII-2 EASTERN EUROPE: BEARING DEMAND BY COUNTRY, 2015

        3. 8.2.3 Eastern Europe: Bearing Market Outlook

          $82.00

          1. Table | EASTERN EUROPE: BEARING DEMAND BY MARKET

        4. 8.2.4 Russia

          $222.00

          1. Table | RUSSIA: BEARING SUPPLY & DEMAND

          2. Table | RUSSIA: BEARING DEMAND BY MARKET

        5. 8.2.5 Other Eastern Europe

          $484.00

          1. Table | OTHER EASTERN EUROPE: BEARING SUPPLY & DEMAND

          2. Table | OTHER EASTERN EUROPE: BEARING DEMAND BY MARKET

          3. Table | OTHER EASTERN EUROPE: BEARING SUPPLY & DEMAND BY COUNTRY

      3. 8.3 Africa/Mideast

        $847.00

        1. 8.3.1 Africa/Mideast: General

          $85.00

        2. 8.3.2 Africa/Mideast: Bearing Supply & Demand

          $102.00

          1. Table | AFRICA/MIDEAST: BEARING SUPPLY & DEMAND

          2. CHART VII-3 AFRICA/MIDEAST: BEARING DEMAND BY COUNTRY, 2015

        3. 8.3.3 Africa/Mideast: Bearing Market Outlook

          $82.00

          1. Table | AFRICA/MIDEAST: BEARING DEMAND BY MARKET

        4. 8.3.4 Turkey

          $213.00

          1. Table | TURKEY: BEARING SUPPLY & DEMAND

          2. Table | TURKEY: BEARING DEMAND BY MARKET

        5. 8.3.5 Other Africa/Mideast

          $393.00

          1. Table | OTHER AFRICA/MIDEAST: BEARING SUPPLY & DEMAND

          2. Table | OTHER AFRICA/MIDEAST: BEARING DEMAND BY MARKET

          3. Table | OTHER AFRICA/MIDEAST: BEARING SUPPLY & DEMAND BY COUNTRY

    9. 9 INDUSTRY STRUCTURE

      $6,440.00

      1. 9.1 General

        $82.00

      2. 9.2 Industry Composition

        $98.00

        1. Table | WORLD BEARING SALES BY COMPANY, 2015

      3. 9.3 Market Share

        $119.00

        1. CHART VIII-1 WORLD BEARING MARKET SHARE, 2015

      4. 9.4 Product Development & Manufacturing

        $105.00

      5. 9.5 Marketing & Distribution

        $109.00

      6. 9.6 Cooperative Agreements

        $210.00

        1. Table | SELECTED COOPERATIVE AGREEMENTS

      7. 9.7 Financial Requirements

        $82.00

      8. 9.8 Acquisitions & Divestitures

        $86.00

        1. Table | SELECTED ACQUISITIONS & DIVESTITURES

      9. 9.9 Company Profiles

        $6,440.00

        1. 9.9.1 Bosch (Robert) GmbH

          $104.00

        2. 9.9.2 C&U Group Company Limited

          $143.00

        3. 9.9.3 Daido Metal Company Limited

          $190.00

        4. 9.9.4 Danaher Corporation

          $82.00

        5. 9.9.5 Emerson Electric Company

          $82.00

        6. 9.9.6 EnPro Industries Incorporated

          $209.00

        7. 9.9.7 European Bearing Corporation

          $82.00

        8. 9.9.8 Federal-Mogul Holdings Corporation

          $216.00

        9. 9.9.9 Fortive Corporation

          $114.00

        10. 9.9.10 GKN plc

          $126.00

        11. 9.9.11 Harbin Bearing Manufacturing Company Limited

          $82.00

        12. 9.9.12 Iljin Group

          $104.00

        13. 9.9.13 JTEKT Corporation

          $294.00

        14. 9.9.14 Luoyang LYC Bearing Company Limited

          $114.00

        15. 9.9.15 MAHLE International GmbH

          $185.00

        16. 9.9.16 Metaldyne Performance Group Incorporated

          $82.00

        17. 9.9.17 Miba AG

          $83.00

        18. 9.9.18 Minebea Company Limited

          $201.00

        19. 9.9.19 Nachi-Fujikoshi Corporation

          $179.00

        20. 9.9.20 National Engineering Industries Limited

          $102.00

        21. 9.9.21 NN Incorporated

          $176.00

        22. 9.9.22 NSK Limited

          $463.00

        23. 9.9.23 NTN Corporation

          $434.00

        24. 9.9.24 Oiles Corporation

          $106.00

        25. 9.9.25 RBC Bearings Incorporated

          $280.00

        26. 9.9.26 Regal Beloit Corporation

          $211.00

        27. 9.9.27 Rexnord Corporation

          $141.00

        28. 9.9.28 Rheinmetall AG

          $124.00

        29. 9.9.29 Samara Bearing Plant Joint Stock Company

          $82.00

        30. 9.9.30 Schaeffler Group

          $460.00

        31. 9.9.31 SKF AB

          $734.00

        32. 9.9.32 THK Company Limited

          $153.00

        33. 9.9.33 ThyssenKrupp AG

          $128.00

        34. 9.9.34 Timken Company

          $312.00

        35. 9.9.35 Wafangdian Bearing Group Corporation Limited

          $82.00

        36. 9.9.36 Wanxiang Qianchao Company Limited

          $82.00

        37. 9.9.37 Wieland-Werke AG

          $82.00

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