Mounted Bearing Market Share Analysis by Product, Housing, Equipment, Material, End User, Sales Channel - Global Industry Revenue Estimation and Demand Forecast to 2030

Description

Market Overview

The worldwide size of the mounted bearing industry stands at a projected USD 1,451.0 million in 2023, and it is projected to advance at a compound annual growth rate of 5.8% between 2024 and 2030, to reach USD 2,122.1 million by 2030.

The main reasons for the rise of the demand for the use of mounted bearings in various industries include the growing folks for specialized bearings, which meet the cost optimization demand by providing the most extended life, the highest productivity, and the least demanding maintenance.

The number of such units has been on the rise in many major business sectors including mining, food & beverages, aerospace, automotive, pulp, pool & fishery, chemicals, drugs, and so forth.

Just as the USDA puts it, around 16.8% of the May 2021 total US manufactured goods sales came from food & beverage plants while the plants also contributed 15.4% of the May 2021 total nonfarm employment in the country. In the setting of this big room, the industry with meat processing accounted for 26.2% of sales share, dairy industry - 12.8%, beverages - 11.3%, other food products - 12.4%, and another one with grains and oilseeds which occupied 10.4% of the sales share.

The improving economy linked with consuming capacity increase is very likely to contribute to an increase in demand for all machinery for food processing, and thus the demand for mounted bearings will also increase.

Key Insights

In 2023, ball variants led the mounted bearing market, accounting for a 65% share, and projected to uphold dominance.

Their popularity is due to affordability, versatility, improved sealing against lubricant leakage, and enhanced motor performance.

These variants are gaining traction because of affordability, adaptability, advanced sealing against oil leakage, and enhanced motor performance.

A ball bearing is, unsurprisingly, a piece that decreases friction, enables smooth movement, and is, often, applied in rotary systems for low friction.

They use separate bearing rings as a means of making coming in contact between moving parts less and, thereby, friction is reduced.

These will bring about the advancement in technology through increased use in automated equipment and the growing demand for electric vehicles worldwide will further boost industry revenue.

In 2023, the conveyors category has the largest industry share of 25% in the equipment type category.

This supremacy is because of their extensive utilization throughout industries such as mineral & mining, manufacturing, and automotive, paper.

Conveyors ease the movement and transmission of huge materials using mechanical or pneumatic approaches.

The numerous kinds of bearings needed by conveyors in such sectors contribute significantly to the development of this category in the industry.

The Cast iron category-mounted bearings are projected to have a CAGR of 6.2%.

This development is credited to cast iron's cost-efficiency compared to other materials utilized in making mounted bearings.

In 2023, the APAC region held the largest share, approximately 55%, in the mounted bearing industry.

This is mainly because of a robust emphasis on infrastructure advancements to house populace growth and make a positive economic climate for steel, cement, and metallic product makers.

The use of these machine parts in mining sites, for example in China, India, and Japan, has driven income rising significantly in the market earning.

Automation technology is emerging in manufacturing and construction in APAC and that's why it is a Motivating factor for this field.

Product Code: 12836

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by product
- 1.4.2. Market size breakdown, by housing
- 1.4.3. Market size breakdown, by equipment
- 1.4.4. Market size breakdown, by material
- 1.4.5. Market size breakdown, by end user
- 1.4.6. Market size breakdown, by sales channel
- 1.4.7. Market size breakdown, by region
- 1.4.8. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Product (2017-2030)
6.3. Market Revenue, by Housing (2017-2030)
6.4. Market Revenue, by Equipment (2017-2030)
6.5. Market Revenue, by Material (2017-2030)
6.6. Market Revenue, by End User (2017-2030)
6.7. Market Revenue, by Sales Channel (2017-2030)
6.8. Market Revenue, by Region (2017-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Product (2017-2030)
7.3. Market Revenue, by Housing (2017-2030)
7.4. Market Revenue, by Equipment (2017-2030)
7.5. Market Revenue, by Material (2017-2030)
7.6. Market Revenue, by End User (2017-2030)
7.7. Market Revenue, by Sales Channel (2017-2030)
7.8. Market Revenue, by Country (2017-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Product (2017-2030)
8.3. Market Revenue, by Housing (2017-2030)
8.4. Market Revenue, by Equipment (2017-2030)
8.5. Market Revenue, by Material (2017-2030)
8.6. Market Revenue, by End User (2017-2030)
8.7. Market Revenue, by Sales Channel (2017-2030)
8.8. Market Revenue, by Country (2017-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Product (2017-2030)
9.3. Market Revenue, by Housing (2017-2030)
9.4. Market Revenue, by Equipment (2017-2030)
9.5. Market Revenue, by Material (2017-2030)
9.6. Market Revenue, by End User (2017-2030)
9.7. Market Revenue, by Sales Channel (2017-2030)
9.8. Market Revenue, by Country (2017-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Product (2017-2030)
10.3. Market Revenue, by Housing (2017-2030)
10.4. Market Revenue, by Equipment (2017-2030)
10.5. Market Revenue, by Material (2017-2030)
10.6. Market Revenue, by End User (2017-2030)
10.7. Market Revenue, by Sales Channel (2017-2030)
10.8. Market Revenue, by Country (2017-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Product (2017-2030)
11.3. Market Revenue, by Housing (2017-2030)
11.4. Market Revenue, by Equipment (2017-2030)
11.5. Market Revenue, by Material (2017-2030)
11.6. Market Revenue, by End User (2017-2030)
11.7. Market Revenue, by Sales Channel (2017-2030)
11.8. Market Revenue, by Country (2017-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Product (2017-2030)
12.3. Market Revenue, by Housing (2017-2030)
12.4. Market Revenue, by Equipment (2017-2030)
12.5. Market Revenue, by Material (2017-2030)
12.6. Market Revenue, by End User (2017-2030)
12.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Product (2017-2030)
13.3. Market Revenue, by Housing (2017-2030)
13.4. Market Revenue, by Equipment (2017-2030)
13.5. Market Revenue, by Material (2017-2030)
13.6. Market Revenue, by End User (2017-2030)
13.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Product (2017-2030)
14.3. Market Revenue, by Housing (2017-2030)
14.4. Market Revenue, by Equipment (2017-2030)
14.5. Market Revenue, by Material (2017-2030)
14.6. Market Revenue, by End User (2017-2030)
14.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Product (2017-2030)
15.3. Market Revenue, by Housing (2017-2030)
15.4. Market Revenue, by Equipment (2017-2030)
15.5. Market Revenue, by Material (2017-2030)
15.6. Market Revenue, by End User (2017-2030)
15.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Product (2017-2030)
16.3. Market Revenue, by Housing (2017-2030)
16.4. Market Revenue, by Equipment (2017-2030)
16.5. Market Revenue, by Material (2017-2030)
16.6. Market Revenue, by End User (2017-2030)
16.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Product (2017-2030)
17.3. Market Revenue, by Housing (2017-2030)
17.4. Market Revenue, by Equipment (2017-2030)
17.5. Market Revenue, by Material (2017-2030)
17.6. Market Revenue, by End User (2017-2030)
17.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Product (2017-2030)
18.3. Market Revenue, by Housing (2017-2030)
18.4. Market Revenue, by Equipment (2017-2030)
18.5. Market Revenue, by Material (2017-2030)
18.6. Market Revenue, by End User (2017-2030)
18.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Product (2017-2030)
19.3. Market Revenue, by Housing (2017-2030)
19.4. Market Revenue, by Equipment (2017-2030)
19.5. Market Revenue, by Material (2017-2030)
19.6. Market Revenue, by End User (2017-2030)
19.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Product (2017-2030)
20.3. Market Revenue, by Housing (2017-2030)
20.4. Market Revenue, by Equipment (2017-2030)
20.5. Market Revenue, by Material (2017-2030)
20.6. Market Revenue, by End User (2017-2030)
20.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Product (2017-2030)
21.3. Market Revenue, by Housing (2017-2030)
21.4. Market Revenue, by Equipment (2017-2030)
21.5. Market Revenue, by Material (2017-2030)
21.6. Market Revenue, by End User (2017-2030)
21.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Product (2017-2030)
22.3. Market Revenue, by Housing (2017-2030)
22.4. Market Revenue, by Equipment (2017-2030)
22.5. Market Revenue, by Material (2017-2030)
22.6. Market Revenue, by End User (2017-2030)
22.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Product (2017-2030)
23.3. Market Revenue, by Housing (2017-2030)
23.4. Market Revenue, by Equipment (2017-2030)
23.5. Market Revenue, by Material (2017-2030)
23.6. Market Revenue, by End User (2017-2030)
23.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Product (2017-2030)
24.3. Market Revenue, by Housing (2017-2030)
24.4. Market Revenue, by Equipment (2017-2030)
24.5. Market Revenue, by Material (2017-2030)
24.6. Market Revenue, by End User (2017-2030)
24.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Product (2017-2030)
25.3. Market Revenue, by Housing (2017-2030)
25.4. Market Revenue, by Equipment (2017-2030)
25.5. Market Revenue, by Material (2017-2030)
25.6. Market Revenue, by End User (2017-2030)
25.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Product (2017-2030)
26.3. Market Revenue, by Housing (2017-2030)
26.4. Market Revenue, by Equipment (2017-2030)
26.5. Market Revenue, by Material (2017-2030)
26.6. Market Revenue, by End User (2017-2030)
26.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Product (2017-2030)
27.3. Market Revenue, by Housing (2017-2030)
27.4. Market Revenue, by Equipment (2017-2030)
27.5. Market Revenue, by Material (2017-2030)
27.6. Market Revenue, by End User (2017-2030)
27.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Product (2017-2030)
28.3. Market Revenue, by Housing (2017-2030)
28.4. Market Revenue, by Equipment (2017-2030)
28.5. Market Revenue, by Material (2017-2030)
28.6. Market Revenue, by End User (2017-2030)
28.7. Market Revenue, by Sales Channel (2017-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. ABB Ltd.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. AB SKF
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. The Timken Company
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. NSK Ltd.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Schaeffler AG
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. NTN Corporation
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. Regal Rexnord Corporation
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. P.T. International
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. Jones Bearing Company
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. FYH Co. Ltd.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports