Bearing Market - Top Companies and Manufacturers

  • Report ID: 6082
  • Published Date: Nov 15, 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: Nov 15, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of bearing is evaluated at USD 52.02 billion.

The bearing market size was valued at USD 48.56 billion in 2024 and is set to exceed USD 147.11 billion by 2037, registering over 8.9% CAGR during the forecast period i.e., between 2025-2037. The market growth is due to growing use of high-capacity goods in wind turbines.

Asia Pacific industry is expected to account for largest revenue share of 40% by 2037, influenced by increasing use of automation in the production process in the region.

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.
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