Global Anti-Friction Bearing Market 2017-2021
- Published: Apr 2017
- Pages: 70
- SKU: IRTNTR12451
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This market research study identifies JTEK, NSK, NTN, Schaeffler, SKF, and Timken as the leading players in the global anti-friction bearing market. A comprehensive analysis of this market is also presented by the product (ball bearings and roller bearings) and by geography (the Americas, APAC, and EMEA).
Overview of the global anti-friction bearing market
According to Technavio’s analyst, the global anti-friction bearing market is anticipated to grow at a steady rate and post a CAGR of more than 4% during the forecast period. The growing demand for commercial aircrafts will drive the growth prospects for the global anti-friction bearing market until the end of 2021. Some of the contributing factors such as high replacement rate, increased aircraft size, technological revolutions, and increased high-net-worth population drive the aviation sector, which, in turn, will fuel the growth potential of the global anti-friction bearing market. Also, since the aircraft's lifespan is of 25 years, the replacement rate of aircraft is expected to rise from 2020.This will increase the demand for commercial aircraft and will positively influence the market by driving the demand for anti-friction bearings from the aviation sector.
The growing demand for hybrid and ceramic bearings will drive the growth prospects for the global anti-friction bearing market for the next four years. One of the factors responsible for the increasing demand for hybrid and ceramic bearings is its ability to deal with reduced lubrication and high loads and speeds. Additionally, these ceramic and hybrid bearings are applicable in a wide range of nuclear, high speed, vacuum, cryogenic, non-magnetic, and insulating applications, which will again, fuel market growth.
Competitive landscape and key vendors
The global anti-friction bearing market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. Also, various regional or local vendors are increasingly finding it difficult to compete against international vendors in terms of quality, features, functionalities, and services. Moreover, factors such as product extensions, technological innovations, and mergers and acquisitions will further intensify the competitive environment in the market.
Key vendors in this market are -
- JTEK
- NSK
- NTN
- Schaeffler
- SKF
- Timken
Other prominent vendors in the market include AST Bearings, Harbin Bearing Manufacturing, HKT, igus, MinebeaMitsumi, NBI Bearings, RBC Bearings, and Rexnord.
Segmentation by product and analysis of the anti-friction bearing market
- Ball bearings
- Roller bearings
The global ball bearings segment accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. Some of the contributing factors attributing to the growth of the market include the benefits of ball bearings in the reduction of friction between rotating or moving parts of equipment such as shafts, axles, and wheels, elimination of external lubrication source in modern ball bearings and improved efficiency and cost-effectiveness.
Segmentation by geography and analysis of the anti-friction bearing market
- Americas
- APAC
- EMEA
In terms of geography, APAC accounted for the majority market share during 2016 and will continue to dominate the market during the forecasted period. One of the major factors that will contribute to the growth of the market is the increasing demand for bearings from the automotive, railway, wind, textile, manufacturing, and industrial sectors. Countries such as Japan, China, Australia, India, South Korea, Taiwan, and Singapore will be the major growth contributors to the market. Furthermore, the market is witnessing a high demand for construction equipment from the construction sector in India and Indonesia, which will again fuel the demand for anti-friction bearings in the coming years.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global anti-friction bearing market?
- What are the key market trends impacting the growth of the global anti-friction bearing market?
- What are the challenges to market growth?
- Who are the key vendors in the global anti-friction bearing market?
- What are the market opportunities and threats faced by the vendors in the global anti-friction bearing market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global anti-friction bearing market?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product
- Market overview
- Global ball bearings market
- Global roller bearing market
PART 07: Geographical segmentation
- Market overview
- Anti-friction bearing market in APAC
- Anti-friction bearing market in EMEA
- Anti-friction bearing market in Americas
PART 08: Decision framework
PART 09: Drivers and challenges
- Market drivers
- Impact of drivers on key customer segments
- Market challenges
- Impact of challenges on key customer segments
PART 10: Market trends
- Growing demand for hybrid and ceramic bearings
- Projected growth in construction sector in emerging economies
PART 11: Vendor landscape
- Competitive scenario
- Other prominent vendors
PART 12: Key vendor analysis
- JTEK Corporation
- NSK
- NTN
- Schaeffler
- SKF
- Timken
PART 13: Appendix
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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