South Africa Bearings Market (2019-2025) | Value, Outlook, Revenue, Forecast, Trends, Size, Analysis, Growth, Industry, Companies & Share

South Africa bearings market has registered sluggish growth over the past few years due to economic slowdown and a fall in construction activities across several industries. Further, in 2020 due to the coronavirus pandemic all the construction and infrastructure development activities in the country have been at a halt, which would lead to a slowdown in the bearings market growth as well as bearings find applications across several industrial sectors such as construction, electrical, automotive and others. However, it is expected that the effects may be short-lived and the bearings market would register steady growth over the coming years.

According to 6Wresearch, South Africa Bearings Market size is projected to grow at a CAGR of 1.8% during 2019–2025. due to the recovery of the economic scenario and growing demand for bearing solutions across industries. Further, increasing government efforts to recover the construction industry is also expected to boost the bearings market growth during the forecast period.

Ball bearings captured a key share of the market revenue pie in 2018 and would lead during the forecast period as well due to the simple design and easy maintenance. Whereas roller bearings are used to support heavier loads and consist of cylindrical, spherical, tapered, and needle rolling bearing types.

Some of the key players in the bearing market are JTEKT, SKF, NTN Corporation, Timken, NSK Global, Schaeffler Group, and Others. The South Africa bearings market report thoroughly covers the market by types, sales channels, and applications. The South Africa bearings market outlook report provides an unbiased and detailed analysis of the ongoing South Africa 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.

Key Highlights of the Report

• South Africa Bearings Market Overview
• South Africa Bearings Market Outlook
• South Africa Bearings Market Forecast
• South Africa Bearings Market Size and Historical Data of South Africa Bearings Market Revenues for the Period 2015-2018
• South Africa Bearings Market Forecast of Revenues, Until 2025
• Historical Data of South Africa Bearings Market Revenues for the Period 2015-2018, By Types
• Market Size & Forecast of South Africa Bearings Market Revenues Until 2025F, By Types
• Historical Data of South Africa Bearings Market Revenues for the Period 2015-2018, By Roller Bearing Types
• Market Size & Forecast of South Africa Bearings Market Revenues Until 2025F, By Roller Bearing Types
• Historical Data of South Africa Bearings Market Revenues for the Period 2015-2018, By Sales Channels
• Market Size & Forecast of South Africa Bearings Market Revenues Until 2025F, By Sales Channels
• Historical Data of South Africa Bearings Market Revenues for the Period 2015-2018, By Applications
• Market Size & Forecast of South Africa Bearings Market Revenues Until 2025F, By Applications
• South Africa Bearings Market Drivers
• South Africa Bearings Market Restraints
• South Africa Bearings Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• South Africa Bearings Market Share, By Players
• South Africa Bearings Market Share, By Countries
• South Africa Bearings Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Covered:

The report provides a detailed analysis of the following market segments:

By Types:

• Ball Bearings
• Roller Bearings
• Other Bearings (Pillow block, Mounted, etc.)

By Roller Bearings Types:

• Cylindrical Roller Bearings
• Tapered Roller Bearings
• Spherical Roller Bearings
• Needle Roller Bearings
• Other Roller Bearings

By Sales Channels:

• OEM’s
• Aftermarket Sales

By Applications:

• Aerospace & Railway
• Agricultural Equipment Machinery
• Mining & Oilfield Equipment Machinery
• Automotive Machinery
• Construction Machinery
• Other Machinery

Other Key Reports Available:

• Europe Bearings Market Report
• Africa Bearings Market Report
• Saudi Arabia Bearings Market Report
• Turkey Bearings Market Report

Frequently Asked Questions About the Market Study (FAQs):