Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery), By Countries (Mexico, Brazil and Rest of Latin America) and Competitive Landscape.
Product Code: ETC001611 | Publication Date: Feb 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 16 | No. of Tables: 4 |
Latin America bearings market is anticipated to register slow growth over the coming years as the growth of the market is correlated with the growth of automotive and industrial industries. The growing transportation industry and other industrial sectors would positively boost the demand for bearings in Latin America.
According to 6Wresearch, the Latin America Bearing Market size is projected to grow at a CAGR of 1.8% during 2019–2025 due to growing demand for bearing solutions in end-user applications such as automotive, railway & aerospace, mining & construction equipment, agricultural machinery tools, and others. Brazil is the biggest market in terms of revenue in the overall Latin America bearing market in 2018 and is expected to lead during the forecast period as well as the bearing market in Brazil is largely dependent on the industrial and automotive aftermarket.
The mining and construction application of bearings is expected to exhibit rapid growth over the next few years due to increasing investment in the mining sector to gather various metals such as gold, aluminum and use natural resources in Latin America. National mining Agency was also formed in Latin America to contribute positively to the rise in demand for bearings in the market.
Some of the key players in the bearing market are JTEKT, SKF, NTN Corporation, Timken, NSK Global, Schaeffler Group, and others.
The Latin America bearings market report thoroughly covers the market by types, by sales channels, by applications, and by countries including Mexico, Brazil, and the Rest of Latin America. The Latin America bearing market outlook report provides an unbiased and detailed analysis of on-going Latin America bearing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Latin America Bearing Market is projected to witness growth in the upcoming years on the back of the growth of varied industries such as automotive, transportation, mining, and construction. Where the transportation industry consists of heavy trucks, railway, and civil aerospace, these some of the known segments would generate sound revenue forbearing in the coming years and proliferate sound growth of the Latin America bearing market in the coming years. Moreover, Brazil bearing market is anticipated to dominate the revenues in the overall Latin America bearing market backed by rising needs for improved maintenance and predictive services in the automotive sector and would proliferate potential market growth of the Latin America bearing market.
Latin America Bearings Market is projected to gain momentum during the forecast period 2020-26F backed by the rising automotive sector. Increased automotive manufacturing has led to increased demand for bearings tends to support rotating vehicle parts and ensures smooth mobility is anticipated to leave a positive impact on the market. Moreover, rising industrial expansion in the country is estimated to generate overall market share owing to the rise in need of bearing installation in industrial machinery tends to reduce friction simultaneously increased efficiency and work in a smooth manner and would instigate the prominent growth of Latin America bearings market in the coming timeframe.
Key Highlights of the Report
Latin America Bearings Market Report Covered:
The report provides a detailed analysis of the following market segments:
Other Key Reports Available:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Latin America Bearings Market Overview |
3.1. Latin America Bearings Market Revenues, 2015-2025F |
3.2. Latin America Bearings Market - Industry Life Cycle, 2018 |
3.3. Latin America Bearings Market - Porter’s Five Forces |
3.4. Latin America Bearings Market Revenue Share, By Countries, 2018 & 2025F |
4. Latin America Bearings Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Latin America Bearings Market Trends |
6. Mexico Bearings Market Overview |
6.1. Country Overview |
6.2. Mexico Bearings Market Revenues, 2015-2025F |
6.3. Mexico Bearings Market Overview, By Types |
6.3.1. Mexico Bearings Market Revenue Share, By Types, 2018 & 2025F |
6.3.2. Mexico Ball Bearings Market Revenues, 2015-2025F |
6.3.3. Mexico Roller Bearings Market Revenues, 2015-2025F |
6.3.3.1. Mexico Cylindrical Roller Bearings Market Revenues, 2015-2025F |
6.3.3.2. Mexico Tapered Roller Bearings Market Revenues, 2015-2025F |
6.3.3.3. Mexico Spherical Roller Bearings Market Revenues, 2015-2025F |
6.3.3.4. Mexico Needle Roller Bearings Market Revenues, 2015-2025F |
6.3.3.5. Mexico Other Roller Bearings Market Revenues, 2015-2025F |
6.3.4. Mexico Other Bearings Market Revenues, 2015-2025F |
6.4. Mexico Bearings Market Overview, By Sales Channel |
6.4.1. Mexico Bearings Market Revenue Share, By Sales Channel, 2018 & 2025F |
6.4.2. Mexico Bearings Market Revenues, By OEM's, 2015-2025F |
6.4.3. Mexico Bearings Market Revenues, By Aftermarket Sales, 2015-2025F |
6.5. Mexico Bearings Market Overview, By Applications |
6.5.1. Mexico Bearings Market Revenue Share, By Applications, 2018 & 2025F |
6.5.2. Mexico Railway & Aerospace Bearings Market Revenues, 2015-2025F |
6.5.3. Mexico Agricultural Equipment Machinery Bearings Market Revenues, 2015-2025F |
6.5.4. Mexico Construction Machinery Bearings Market Revenues, 2015-2025F |
6.5.5. Mexico Oilfield Machinery Bearings Market Revenues, 2015-2025F |
6.5.6. Mexico Automotive Bearings Market Revenues, 2015-2025F |
6.5.7. Mexico Other Machinery Bearings Market Revenues, 2015-2025F |
6.6. Mexico Bearings Market Key Performance Indicators |
6.7. Mexico Bearings Market Opportunity Assessment |
6.7.1. Mexico Bearings Market Opportunity Assessment, By Types, 2025F |
6.7.2. Mexico Bearings Market Opportunity Assessment, By Sales Channel, 2025F |
6.7.3. Mexico Bearings Market Opportunity Assessment, By Applications, 2025F |
7. Brazil Bearings Market Overview |
7.1. Country Overview |
7.2. Brazil Bearings Market Revenues, 2015-2025F |
7.3. Brazil Bearings Market Overview, By Types |
7.3.1. Brazil Bearings Market Revenue Share, By Types, 2018 & 2025F |
7.3.2. Brazil Ball Bearings Market Revenues, 2015-2025F |
7.3.3. Brazil Roller Bearings Market Revenues, 2015-2025F |
7.3.3.1. Brazil Cylindrical Roller Bearings Market Revenues, 2015-2025F |
7.3.3.2. Brazil Tapered Roller Bearings Market Revenues, 2015-2025F |
7.3.3.3. Brazil Spherical Roller Bearings Market Revenues, 2015-2025F |
7.3.3.4. Brazil Needle Roller Bearings Market Revenues, 2015-2025F |
7.3.3.5. Brazil Other Roller Bearings Market Revenues, 2015-2025F |
7.3.4. Brazil Other Bearings Market Revenues, 2015-2025F |
7.4. Brazil Bearings Market Overview, By Sales Channel |
7.4.1. Brazil Bearings Market Revenue Share, By Sales Channel, 2018 & 2025F |
7.4.2. Brazil Bearings Market Revenues, By OEM's, 2015-2025F |
7.4.3. Brazil Bearings Market Revenues, By Aftermarket Sales, 2015-2025F |
7.5. Brazil Bearings Market Overview, By Applications |
7.5.1. Brazil Bearings Market Revenue Share, By Applications, 2018 & 2025F |
7.5.2. Brazil Railway & Aerospace Bearings Market Revenues, 2015-2025F |
7.5.3. Brazil Agricultural Equipment Machinery Bearings Market Revenues, 2015-2025F |
7.5.4. Brazil Construction Machinery Bearings Market Revenues, 2015-2025F |
7.5.5. Brazil Oilfield Machinery Bearings Market Revenues, 2015-2025F |
7.5.6. Brazil Automotive Bearings Market Revenues, 2015-2025F |
7.5.7. Brazil Other Machinery Bearings Market Revenues, 2015-2025F |
7.6. Brazil Bearings Market Key Performance Indicators |
7.7. Brazil Bearings Market Opportunity Assessment |
7.7.1. Brazil Bearings Market Opportunity Assessment, By Types, 2025F |
7.7.2. Brazil Bearings Market Opportunity Assessment, By Sales Channel, 2025F |
7.7.3. Brazil Bearings Market Opportunity Assessment, By Applications, 2025F |
8. Rest Of Latin America Bearings Market Overview |
8.1. Rest Of Latin America Bearings Market Revenues, 2015 - 2025F |
9. Latin America Bearings Market-Opportunity Assessment |
9.1. Latin America Bearings Market Opportunity Assessment, By Countries, 2025F |
10. Latin America Bearings Market-Competitive Landscape |
10.1. Latin America Bearings Market Competitive Benchmarking, By Types |
10.2. Latin America Bearings Market Revenue Share, By Company, 2018 |
10.2.1. Mexico Bearings Market Revenue Share, By Company, 2018 |
10.2.2. Brazil Bearings Market Revenue Share, By Company, 2018 |
11. Company Profiles |
12. Key Strategic Recommendations |
13. Disclaimer |
List Of Figures |
Figure 1. Latin America Bearings Market Revenues, 2015-2025F ($ Billion) |
Figure 2. Latin America Bearings Market Industry Life Cycle |
Figure 3. Latin America Bearings Market Revenue Share, By Countries, 2018 |
Figure 4. Latin America Bearings Market Revenues, 2015-2025F ($ Million) |
Figure 5. Mexico Bearings Market Revenue Share, By Types, 2018 & 2025F |
Figure 6. Mexico Bearings Market Revenue Share, By Sales Channel, 2018 & 2025F |
Figure 7. Mexico Bearings Market Revenues, By OEM's,2015-2025F ($Million) |
Figure 8. Mexico Bearings Market Revenues, By Aftermarket Sales, 2015-2025F ($Million) |
Figure 9. Mexico Bearings Market Revenue Share, By Applications, 2018 & 2025F |
Figure 10. Mexico Bearings Market Opportunity Assessment, By Types, 2025F |
Figure 11. Brazil Bearings Market Revenue Share, By Types, 2018 & 2025F |
Figure 12. Brazil Bearings Market Revenue Share, By Sales Channel, 2018 & 2025F |
Figure 13. Brazil Bearings Market Revenues, By OEM's,2015-2025F ($Million) |
Figure 14. Brazil Bearings Market Revenues, By Aftermarket Sales, 2015-2025F ($Million) |
Figure 15. Brazil Bearings Market Revenue Share, By Applications, 2018 & 2025F |
Figure 16. Brazil Bearings Market Opportunity Assessment, By Types, 2025F |
List Of Tables |
Table 1. Mexico Ball Bearings Market Revenues, 2015-2025F ($Million) |
Table 2. Mexico Bearings Market Revenues, By Applications, 2015-2025F ($Million) |
Table 3. Brazil Ball Bearings Market Revenues, 2015-2025F ($Million) |
Table 4. Brazil Bearings Market Revenues, By Applications, 2015-2025F ($Million) |