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 (India, Japan, China and Rest of Asia Pacific including Thailand and South Korea) and Competitive Landscape.
Product Code: ETC001613 | Publication Date: Feb 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 28 | No. of Tables: 8 |
Asia Pacific bearings market is anticipated to register growth over the coming years on account of significant demand from end-user applications such as automotive and industrial equipment. Further, the increasing requirement for high-performance, lightweight automobiles with enhanced energy efficiency is also contributing to the rise in demand for specialized bearings in India and China. Additionally, the Chinese government has also been encouraging domestic vehicle production in the country, which is also boosting the demand for bearings in the region.
According to 6Wresearch, Asia Pacific (APAC) Bearings Market size is projected to grow at a CAGR of 6.2% during 2019β2025 due to the growing demand for specialized bearing solutions and improved designs to increase product performance and efficiency.
The railway & aerospace application of bearings is expected to exhibit rapid growth over the next few years due to surging demand for small aircraft and increasing railway construction in the region. Other major end-user applications of the bearings market include automotive machinery, construction machinery, agricultural machinery, and oilfield equipment. The bearings market in the Asia Pacific is highly consolidated with the top six players constituting a major share 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 Asia Pacific bearings market report thoroughly covers the market by types, sales channels, applications, and countries including India, Japan, China, Thailand, and the Rest of the Asia Pacific. The Asia Pacific bearings market outlook report provides an unbiased and detailed analysis of the ongoing Asia Pacific bearings 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.
APAC Bearing Market is anticipated to register sound revenues in the upcoming six years on the back of progressive growth of the mining, oilfield, and agriculture industry. Moreover, on the basis of product segmentation, roller bearings are expected to dominate the overall market revenues in the coming years due to the rising adoption of roller bearings in aero engines and in the construction of railways. Additionally, backed by the increased efforts of the government to boost the sales of bearings across various industrial domains would proliferate the potential of the APAC bearings market in the coming years and would provide vast avenues for the growth of the market in the coming years.
Being of great use to various industrial applications across the Asia Pacific region, bearings have been proven evident in their application and have become a vital utility product. As a result, they are expected to bring in new horizons to the potential industrialists and the makers of the same to register significant business growth across various industrial applications and as a result, would be a growth contributing factor for the Asia Pacific bearing market. for the countries like Japan and Thailand which possess a strong automotive industry, the bearings market is expected to flourish provided there is a great use of ball bearings in the automotive parts for swift movement of gears and steering and as a result, is expected to be of great use to the automotive segment in the aforementioned countries and would proliferate the market growth in the coming timeframe. For countries like India and China, where MSMEs operate in the papermaking industry, cylindrical and spherical bearings are in high use owing to an increase in the manufacture of paper and other related equipment such as photocopiers, fax machines, and so on and are expected to be of great utility to the industrial applications in smoothening and bringing in work efficiency and as a result, is expected to be a growth proliferating factor for the Asia Pacific bearing market in the coming timeframe.Β
The report provides a detailed analysis of the following market segments:
1.Β 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. Asia Pacific Bearings Market Overview |
3.1. Asia Pacific Bearings Market Revenues, 2015-2025F |
3.2. Asia Pacific Bearings Market - Industry Life Cycle, 2018 |
3.3. Asia Pacific Bearings Market - Porterβs Five Forces |
3.4. Asia Pacific Bearings Market Revenue Share, By Countries, 2018 & 2025F |
4. Asia Pacific Bearings Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Asia Pacific Bearings Market Trends |
6. India Bearings Market Overview |
6.1. Country Overview |
6.2. India Bearings Market Revenues, 2015-2025F |
6.3 India Bearings Market Overview, By Types |
6.3.1 India Bearings Market Revenue Share, By Types, 2018 & 2025F |
6.3.2. India Ball Bearings Market Revenues, 2015-2025F |
6.3.3 India Roller Bearings Market Revenues, 2015-2025F |
6.3.3.1 India Cylindrical Roller Bearings Market Revenues, 2015-2025F |
6.3.3.2 India Tapered Roller Bearings Market Revenues, 2015-2025F |
6.3.3.3 India Spherical Roller Bearings Market Revenues, 2015-2025F |
6.3.3.4 India Needle Roller Bearings Market Revenues, 2015-2025F |
6.3.3.5 India Other Roller Bearings Market Revenues, 2015-2025F |
6.3.4 India Other Bearings Market Revenues, 2015-2025F |
6.4. India Bearings Market Overview, By Sales Channel |
6.4.1 India Bearings Market Revenue Share, By Sales Channel, 2018 & 2025F |
6.4.2. India Bearings Market Revenues, By OEM's, 2015-2025F |
6.4.3. India Bearings Market Revenues, By Aftermarket Sales, 2015-2025F |
6.5. India Bearings Market Overview, By Applications |
6.5.1 India Bearings Market Revenue Share, By Applications, 2018 & 2025F |
6.5.2. India Railway & Aerospace Bearings Market Revenues, 2015-2025F |
6.5.3. India Agricultural Equipment Machinery Bearings Market Revenues, 2015-2025F |
6.5.4. India Construction Machinery Bearings Market Revenues, 2015-2025F |
6.5.5. India Oilfield Machinery Bearings Market Revenues, 2015-2025F |
6.5.6. India Automotive Bearings Market Revenues, 2015-2025F |
6.5.7. India Other Machinery Bearings Market Revenues, 2015-2025F |
6.6. India Bearings Market Key Performance Indicators |
6.7. India Bearings Market Opportunity Assessment |
6.7.1 India Bearings Market Opportunity Assessment, By Types, 2025F |
6.7.2 India Bearings Market Opportunity Assessment, By Sales Channel, 2025F |
6.7.3. India Bearings Market Opportunity Assessment, By Applications, 2025F |
7. Japan Bearings Market Overview |
7.1. Country Overview |
7.2. Japan Bearings Market Revenues, 2015-2025F |
7.3. Japan Bearings Market Overview, By Types |
7.3.1 Japan Bearings Market Revenue Share, By Types, 2018 & 2025F |
7.3.2. Japan Ball Bearings Market Revenues, 2015-2025F |
7.3.3. Japan Roller Bearings Market Revenues, 2015-2025F |
7.3.3.1 Japan Cylindrical Roller Bearings Market Revenues, 2015-2025F |
7.3.3.2 Japan Tapered Roller Bearings Market Revenues, 2015-2025F |
7.3.3.3 Japan Spherical Roller Bearings Market Revenues, 2015-2025F |
7.3.3.4 Japan Needle Roller Bearings Market Revenues, 2015-2025F |
7.3.3.5 Japan Other Roller Bearings Market Revenues, 2015-2025F |
7.3.4. Japan Other Bearings Market Revenues, 2015-2025F |
7.4. Japan Bearings Market Overview, By Sales Channel |
7.4.1 Japan Bearings Market Revenue Share, By Sales Channel, 2018 & 2025F |
7.4.2. Japan Bearings Market Revenues, By OEM's, 2015-2025F |
7.4.3. Japan Bearings Market Revenues, By Aftermarket Sales, 2015-2025F |
7.5. Japan Bearings Market Overview, By Applications |
7.5.1 Japan Bearings Market Revenue Share, By Applications, 2018 & 2025F |
7.5.2. Japan Railway & Aerospace Bearings Market Revenues, 2015-2025F |
7.5.3. Japan Agricultural Equipment Machinery Bearings Market Revenues, 2015-2025F |
7.5.4. Japan Construction Machinery Bearings Market Revenues, 2015-2025F |
7.5.5. Japan Oilfield Machinery Bearings Market Revenues, 2015-2025F |
7.5.6. Japan Automotive Bearings Market Revenues, 2015-2025F |
7.5.7. Japan Other Machinery Bearings Market Revenues, 2015-2025F |
7.6. Japan Bearings Market Key Performance Indicators |
7.7. Japan Bearings Market Opportunity Assessment |
7.7.1 Japan Bearings Market Opportunity Assessment, By Types, 2025F |
7.7.2 Japan Bearings Market Opportunity Assessment, By Sales Channel, 2025F |
7.7.3. Japan Bearings Market Opportunity Assessment, By Applications, 2025F |
8. China Bearings Market Overview |
8.1. Country Overview |
8.2. China Bearings Market Revenues, 2015-2025F |
8.3. China Bearings Market Overview, By Types |
8.3.1 China Bearings Market Revenue Share, By Types, 2018 & 2025F |
8.3.2. China Ball Bearings Market Revenues, 2015-2025F |
8.3.3. China Roller Bearings Market Revenues, 2015-2025F |
8.3.3.1 China Cylindrical Roller Bearings Market Revenues, 2015-2025F |
8.3.3.2 China Tapered Roller Bearings Market Revenues, 2015-2025F |
8.3.3.3 China Spherical Roller Bearings Market Revenues, 2015-2025F |
8.3.3.4 China Needle Roller Bearings Market Revenues, 2015-2025F |
8.3.3.5 China Other Roller Bearings Market Revenues, 22015-2025F |
8.3.4. China Other Bearings Market Revenues, 2015-2025F |
8.4. China Bearings Market Overview, By Sales Channel |
8.4.1 China Bearings Market Revenue Share, By Sales Channel, 2018 & 2025F |
8.4.2. China Bearings Market Revenues, By OEM's, 2015-2025F |
8.4.3. China Bearings Market Revenues, By Aftermarket Sales, 2015-2025F |
8.5. China Bearings Market Overview, By Applications |
8.5.1 China Bearings Market Revenue Share, By Applications, 2018 & 2025F |
8.5.2. China Railway & Aerospace Bearings Market Revenues, 2015-2025F |
8.5.3. China Agricultural Equipment Machinery Bearings Market Revenues, 2015-2025F |
8.5.4. China Construction Machinery Bearings Market Revenues, 2015-2025F |
8.5.5. China Oilfield Machinery Bearings Market Revenues, 2015-2025F |
8.5.6. China Automotive Bearings Market Revenues, 2015-2025F |
8.5.6. China Other Machinery Bearings Market Revenues, 2015-2025F |
8.6. China Bearings Market Key Performance Indicators |
8.7. China Bearings Market Opportunity Assessment |
8.7.1 China Bearings Market Opportunity Assessment, By Types, 2025F |
8.7.2 China Bearings Market Opportunity Assessment, By Sales Channel, 2025F |
8.7.3. China Bearings Market Opportunity Assessment, By Applications, 2025F |
9. Thailand Bearings Market Overview |
9.1. Country Overview |
9.2. Thailand Bearings Market Revenues, 2015-2025F |
9.3. Thailand Bearings Market Overview, By Types |
9.3.1 Thailand Bearings Market Revenue Share, By Types, 2019 & 2025F |
9.3.2. Thailand Ball Bearings Market Revenues, 2015-2025F |
9.3.3. Thailand Roller Bearings Market Revenues, 2015-2025F |
9.3.3.1 Thailand Cylindrical Roller Bearings Market Revenues, 2015-2025F |
9.3.3.2 Thailand Tapered Roller Bearings Market Revenues, 2015-2025F |
9.3.3.3 Thailand Spherical Roller Bearings Market Revenues, 2015-2025F |
9.3.3.4 Thailand Needle Roller Bearings Market Revenues, 2015-2025F |
9.3.3.5 Thailand Other Roller Bearings Market Revenues, 22015-2025F |
9.3.4. Thailand Other Bearings Market Revenues, 2015-2025F |
9.4. Thailand Bearings Market Overview, By Sales Channel |
9.4.1 Thailand Bearings Market Revenue Share, By Sales Channel, 2019 & 2025F |
9.4.2. Thailand Bearings Market Revenues, By OEM's, 2015-2025F |
9.4.3. Thailand Bearings Market Revenues, By Aftermarket Sales, 2015-2025F |
9.5. Thailand Bearings Market Overview, By Applications |
9.5.1 Thailand Bearings Market Revenue Share, By Applications, 2019 & 2025F |
9.5.2. Thailand Railway & Aerospace Bearings Market Revenues, 2015-2025F |
9.5.3. Thailand Agricultural Equipment Machinery Bearings Market Revenues, 2015-2025F |
9.5.4. Thailand Construction Machinery Bearings Market Revenues, 2015-2025F |
9.5.5. Thailand Oilfield Machinery Bearings Market Revenues, 2015-2025F |
9.5.6. Thailand Automotive Bearings Market Revenues, 2015-2025F |
9.5.7. Thailand Other Machinery Bearings Market Revenues, 2015-2025F |
9.6. Thailand Bearings Market Key Performance Indicators |
9.7. Thailand Bearings Market Opportunity Assessment |
9.7.1 Thailand Bearings Market Opportunity Assessment, By Types, 2025F |
9.7.2 Thailand Bearings Market Opportunity Assessment, By Sales Channel, 2025F |
9.7.3. Thailand Bearings Market Opportunity Assessment, By Applications, 2025F |
10. Rest Of Asia Pacific Bearings Market Overview |
10.1. Rest Of Asia Pacific Bearings Market Revenues, 2015 - 2025F |
11. Asia Pacific Bearings Market-Opportunity Assessment |
11.1. Asia Pacific Bearings Market Opportunity Assessment, By Countries, 2025F |
12. Asia Pacific Bearings Market-Competitive Landscape |
12.1. Asia Pacific Bearings Market Competitive Benchmarking, By Types |
12.2. Asia Pacific Bearings Market Revenue Share, By Company, 2018 |
12.2.1. India Bearings Market Revenue Share, By Company, 2018 |
12.2.2. Japan Bearings Market Revenue Share, By Company, 2018 |
12.2.3. China Bearings Market Revenue Share, By Company, 2018 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |
List Of Figures |
Figure 1. Asia Pacific Bearings Market Revenues, 2015-2025F ($ Billion) |
Figure 2. Asia Pacific Bearings Market Industry Life Cycle |
Figure 3. Asia Pacific Bearings Market Revenue Share, By Countries, 2018 |
Figure 4. Asia Pacific Bearings Market Revenues, 2015-2025F ($ Million) |
Figure 5. India Bearings Market Revenue Share, By Types, 2018 & 2025F |
Figure 6. India Bearings Market Revenue Share, By Sales Channel, 2018 & 2025F |
Figure 7. India Bearings Market Revenues, By OEM's,2015-2025F ($Million) |
Figure 8. India Bearings Market Revenues, By Aftermarket Sales, 2015-2025F ($Million) |
Figure 9. India Bearings Market Revenue Share, By Applications, 2018 & 2025F |
Figure 10. India Bearings Market Opportunity Assessment, By Types, 2025F |
Figure 11. Japan Bearings Market Revenue Share, By Types, 2018 & 2025F |
Figure 12. Japan Bearings Market Revenue Share, By Sales Channel, 2018 & 2025F |
Figure 13. Japan Bearings Market Revenues, By OEM's,2015-2025F ($Million) |
Figure 14. Japan Bearings Market Revenues, By Aftermarket Sales, 2015-2025F ($Million) |
Figure 15. Japan Bearings Market Revenue Share, By Applications, 2018 & 2025F |
Figure 16. Japan Bearings Market Opportunity Assessment, By Types, 2025F |
Figure 17. China Bearings Market Revenue Share, By Types, 2018 & 2025F |
Figure 18. China Bearings Market Revenue Share, By Sales Channel, 2018 & 2025F |
Figure 19. China Bearings Market Revenues, By OEM's,2015-2025F ($Million) |
Figure 20. China Bearings Market Revenues, By Aftermarket Sales, 2015-2025F ($Million) |
Figure 21. China Bearings Market Revenue Share, By Applications, 2018 & 2025F |
Figure 22. China Bearings Market Opportunity Assessment, By Types, 2025F |
Figure 23. Thailand Bearings Market Revenue Share, By Types, 2018 & 2025F |
Figure 24. Thailand Bearings Market Revenue Share, By Sales Channel, 2018 & 2025F |
Figure 25. Thailand Bearings Market Revenues, By OEM's,2015-2025F ($Million) |
Figure 26. Thailand Bearings Market Revenues, By Aftermarket Sales, 2015-2025F ($Million) |
Figure 27. Thailand Bearings Market Revenue Share, By Applications, 2018 & 2025F |
Figure 28. Thailand Bearings Market Opportunity Assessment, By Types, 2025F |
List Of Tables |
Table 1. India Ball Bearings Market Revenues, 2015-2025F ($Million) |
Table 2. India Bearings Market Revenues, By Applications, 2015-2025F ($Million) |
Table 3. Japan Ball Bearings Market Revenues, 2015-2025F ($Million) |
Table 4. Japan Bearings Market Revenues, By Applications, 2015-2025F ($Million) |
Table 5. China Ball Bearings Market Revenues, 2015-2025F ($Million) |
Table 6. China Bearings Market Revenues, By Applications, 2015-2025F ($Million) |
Table 7. Thailand Ball Bearings Market Revenues, 2015-2025F ($Million) |
Table 8. Thailand Bearings Market Revenues, By Applications, 2015-2025F ($Million) |