Global Bearings Market 2017-2021 - Key vendors are SKF, Schaeffler AG, Timken, NSK & NTN - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Bearings Market 2017-2021" report to their offering.

The analysts forecast the global bearings market to grow at a CAGR of 5.86% during the period 2017-2021.

Global Bearings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in market is emergence of digitalization. The Internet of things(IoT) is discovering its pathway into the factory and has brought about an industrial revolution with the concept of Industry 4.0.

This technology employs highly customized products in flexible manufacturing conditions. Companies are now in mid-way to networking their machinery, warehousing systems, and equipment worldwide.

According to the report, one driver in market is soaring automotive industry in APAC. The automotive industry is the prime end-user in the global bearings market. The enduring expansion of auto industries worldwide, especially in APAC, is the major driving factor for the market growth.

Auto industries in China, Japan, South Korea, India, Australia, and Indonesia are the major patrons of bearings and are expected to drive the market in APAC during the forecast period.

Key vendors

  • SKF
  • Schaeffler AG
  • Timken
  • NSK
  • NTN

Other prominent vendors

  • Asahi Seiko
  • C&U Group
  • JTEKT
  • LYC
  • Nachi
  • RBC Bearings
  • ZWZ Bearings

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by product

Part 07: Market segmentation by end-user

Part 08: Geographical segmentation

Part 09: Decision framework

Part 10: Drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Key vendor analysis

For more information about this report visit https://www.researchandmarkets.com/research/wbnc6v/global_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

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