The expansion of the global bearing industry is forecast to reach 2.0% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 5.8%. Currently, ball bearings account for 35.0% of the global demand while the remaining market share is divided between tapered roller bearings (11.4%), spherical roller bearings (5.5%), needle roller bearings (3.7%), other cylindrical roller bearings (7.8%), other bearings (3.7%), bearing housings with bearings (2.5%), bearing housings without bearings (14.0%), needles, rollers and balls for bearings (4.3%) and other parts for bearings (12.2%).
China, Germany, Japan, South Korea and the United States represent the largest bearing markets while the strongest annual growth is forecast to occur in the United States (10.1%), Bolivia (8.4%), Azerbaijan (7.5%), Singapore (4.0%) and Kyrgyzstan (3.7%).
The industry report package Bearing Markets in the World to 2019 offers the most up-to-date market data on the actual market situation, and future outlook for bearings in the world. Along with a global bearing market report the package includes country reports from the following countries:
Argentina, Armenia, Austria, Azerbaijan, Belgium, Bolivia, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Greece, Hungary, India, Indonesia, Iran, Ireland, Italy, Japan, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Morocco, Netherlands, Norway, Pakistan, Peru, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States, Vietnam
The reports include historic market data from 2008 to 2014 and forecasts until 2019 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly...