As the global economy mends, the 2021 growth of Bearings for Mechanical and Electrical Products will have significant change from previous year. According to our (LP Information) latest study, the global Bearings for Mechanical and Electrical Products market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. The global Bearings for Mechanical and Electrical Products market size will reach USD million in 2028, growing at a CAGR of % over the analysis period.
The United States Bearings for Mechanical and Electrical Products market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Bearings for Mechanical and Electrical Products market, reaching US$ million by the year 2028. As for the Europe Bearings for Mechanical and Electrical Products landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Bearings for Mechanical and Electrical Products players cover Svenska Kullagerfabriken Aktiebolag (SKF Limited), Nippon Seiko K.K.(NSK), Asea Brown Boveri (ABB), and Timken Company, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Bearings for Mechanical and Electrical Products market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Ball Bearings
Plain Bearings
Roller Bearings
Fluid Bearings
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Oil & Gas Industry
Aerospace
Mining Industry
Power Generation
Food Processing
Agriculture
Automotive Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Svenska Kullagerfabriken Aktiebolag (SKF Limited)
Nippon Seiko K.K.(NSK)
Asea Brown Boveri (ABB)
Timken Company
Antifriction Bearings Corporation (ABC) Bearings Limited
Altra Industrial Motion
Emerson Electric Comapany
Fujian Longxi Bearing (Group) Corp., Ltd
Luoyang LYC Bearing Co., Ltd
RBC Bearings
Kaydon Corporation
Rexnord corporation
Wafangdian Bearing
Schaeffler Group
Harbin Bearings
JTEKT (merger of the companies, Koyo Seiko Co. and Toyoda Machine Works.)
Needle Roller Bearing(NRB) bearings
Minebea Co., Ltd
Nachi-Fujikoshi Corp.
C&U Group