Bearing Market - Top Companies and Manufacturers

  • Report ID: 6082
  • Published Date: May 29, 2024
  • Report Format: PDF, PPT

Companies Dominating the Bearing Landscape

    The top businesses in the bearing market are listed below. Together, these businesses control the lion's share of the market and set the direction of industry trends. To map the supply network, these bearing companies' financials, strategy plans, and goods are examined.

    • Myopic GmbH
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Regal Rexnord Corporation
    • RHP Bearing
    • Schaeffler AG
    • SKF
    • The Timken Company
    • Danaher Corporation
    • Bearing Manufacturing Company
    • THB BEARING CO., LTD.
    • Luoyang Huigong Bearing Technology Co., Ltd.

Browse Key Market Insights with Data Illustration:

In the News

  • The Timken Company has effectively completed the purchase of Engineered Solutions Group, which is commonly known as iMECH, or Innovative Mechanical Solutions. With a staff of about 70 experts, iMECH is a leading manufacturer of thrust bearing, radial bearing, specialized coatings, and other parts mostly designed for the energy sector. For the calendar year 2023, the company anticipates making about USD 30 million in sales. The company's reputation as a supplier of all-inclusive solutions for industrial motion and designed bearing is further enhanced by this calculated acquisition.
  • Schaeffler AG deliberately expanded the range of products it offers by launching new products in the areas of torque motors, linear motors, and rotary table bearing. Expanded bearing sizes for rotary table and rotary axis bearing are being added, and bearing-integrated angular measuring systems are also being included. The ability of the company to provide a wide range of superior solutions is further strengthened by the standardization of torque motors within the RKIB series, which are now available up to size 690.

Author Credits:  Abhishek Verma


  • Report ID: 6082
  • Published Date: May 29, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of bearing was over USD 50 billion.

The market size for bearing is projected to cross USD 175 billion by the end of 2036 expanding at a CAGR of 11% during the forecast period i.e., between 2024-2036.

The major players in the market are Regal Rexnord Corporation, RHP Bearing, Schaeffler AG, SKF, The Timken Company, Danaher Corporation, Bearing Manufacturing Company, THB BEARING CO., LTD., Luoyang Huigong Bearing Technology Co., Ltd., and others.

The roller bearing segment is anticipated to garner a share of 47% during 2024-2036.

The Asia Pacific bearing sector is poised to hold 40% share by the end of 2036.
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