Maintenance Free Bearing Market, By End-Use Industry (Civil Engineering, Construction, Chemical Engineering, Electrical & Electronic, Food & Beverage, Forestry, Metal Working, Robotics, Medical & Hospital, Mining, Military, Packaging, Pharmaceuticals, Primary Metals, Pulp & Paper, Plastics & Rubber, Recreation & Sports, Rail & Tramways, and Textile), by type (Oil-filled sintered bronze bearings, Self-lubricating metal-polymer bearings, and Lubrication-free solid polymer bearings) & Geography- Forecast to 2022
- Report Code: CH 2099
- Publish Date: Upcoming
The global maintenance free bearing market is estimated to grow at a CAGR of XX% in terms of value from 2017 to 2022. In terms of value the market recorded a consumption of XX.X USD billion in 2016 and is expected to reach XX.X USD billion by 2022 growing at a CAGR of X.X% in between 2017 to 2022. Asia-Pacific recorded the highest consumption of maintenance free bearings in 2016 and will continue to follow similar trend due to robust growth in the Asia-Pacific region and increased demand of maintenance free bearings from various end- use industries such as Civil Engineering, Construction, Chemical Engineering, Electrical & Electronic, Food & Beverage, among others.
The market has been segmented on basis of end-use industry such as Civil Engineering, Construction, Chemical Engineering, Electrical & Electronic, Food & Beverage, Forestry, Metal Working, Robotics, Medical & Hospital, Mining, Military, Packaging, Pharmaceuticals, Primary Metals, Pulp & Paper, Plastics & Rubber, Recreation & Sports, Rail & Tramways, and Textile. Automotive segment held the largest share in 2016, owing to growing demand of automotive around the globe.
On basis of type, the market is segmented into oil-filled sintered bronze bearings, self-lubricating metal-polymer bearings, and lubrication-free solid polymer bearings. The self-lubricating metal-polymer bearings type held the largest share in 2016 and is expected to be growing at the highest CAGR during the forecast period.
An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts and key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of the leading players in the global maintenance free bearings market has been covered in this report. The key companies in this market include SKF (Sweden), NSK (Japan), Timken (US), JTEKT (Japan), AST Bearings (US), Igus (Germany), GGB Bearing Technology (France), Nachi- Fujikoshi (Japan), and others.
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