$172.2 Billion Bearings Market - Key Players are NSK, Schaeffler, Timken, SKF, JTEKT & NTN - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Bearings Market Analysis 2014 - 2025" report to their offering.

The global bearings market is expected to reach USD 172.2 billion by 2025.

The market is anticipated to witness a healthy growth, ascribed to achieve energy efficiency coupled with high demand across the automotive sector. The increasing demand for commercial vehicles is anticipated to propel demand across the automotive sector over the coming years. Bearings are necessary in nearly all applications that involve motion, so all industries, ranging from household appliances, automobiles, and industrial machinery to aerospace, using machinery or related motor-driven linkages use bearings.

The global bearings market is mature with a dynamic market demand closely related to the state of engineering industries and capital goods. Manufacturers in the bearings industry invest in R&D to address the rising competition by offering innovative products.

The technological advancements, such as smart bearings and lubrication technology, incorporating sensor units in bearings, are estimated to offer high growth opportunities to the market. Companies are offering integrated products that drastically reduce the number of bearings required in an assembled product and minimize the overall cost of the equipment. Moreover, it improves the reliability and shelf-life of the product.

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Bearings Market Variables, Trends & Scope

4. Bearings: Product Estimates & Trend Analysis (USD Billion)

5. Bearings: Application Estimates & Trend Analysis (USD Billion)

6. Bearings: Regional Estimates & Trend Analysis (USD Billion)

7. Competitive Landscape

Companies Mentioned

  • Brammer PLC
  • Harbin Bearing Manufacturing Co., Ltd.
  • HKT Bearings Ltd.
  • JTEKT Corporation
  • NBI Bearings Europe
  • NSK Global
  • NTN Corporation
  • RBC Bearings Inc.
  • Rexnord Corporation
  • RHP Bearings
  • Schaeffler Group
  • SKF Corporation
  • The Timken Company

For more information about this report visit http://www.researchandmarkets.com/research/zhn4qc/bearings_market

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Bearings

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Bearings