The global Roller Bearing market was valued at 221.73 Million USD in 2021 and will grow with a CAGR of 2.8% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Roller Bearings are a type of rolling-element bearing that uses cylinders (rollers) to maintain the separation between the moving parts of the bearing (as opposed to using balls as the rolling element). The purpose of a roller bearing is to reduce rotational friction and support radial and axial loads. Compared to ball bearings, roller bearings can support heavy radial loads and limited axial loads (parallel to the shaft). Roller Bearings are a type of rolling-element bearing that uses cylinders (rollers) to maintain the separation between the moving parts of the bearing. The primary end market for this type of bearing is the industrial and automotive industry. In 2015, demand from general and heavy machine industry contributed 61.21% share, followed by Automotive with 20.98% share. Commonly, roller bearings can be divided into many types, tapered roller bearing, cylindrical roller bearings, needle roller bearings and others. Among these types, tapered roller bearing is the most basic and widely used one. In 2015, production of tapered roller bearing reached to 9242 million units.

By Market Verdors:

SKF

Schaeffler

NSK

NTN

JTEKT

Timken

C&U

LYC

Nachi

NMB

TMB

ZWZ

RBC Bearings

HRB

ZXY

Wanxiang Qianchao

By Types:

Taper Roller Bearing

Cylindrical Roller Bearing

Needle Roller Bearing

By Applications:

Automotive

General and Heavy Machinery

Aerospace

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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