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Pulished Date January, 2021
ID: 10753
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Mounted Bearing Market Segmentation By Product Type (Ball Bearing, Tapered Bearing, Spherical Bearing), By Type (Pillow Block, Flanged Cartridge, Take Up Nit, Hanger Bearings, Cylindrical Bearings), By Applications (Conveyors, Floor Cleaning Machines, Commercial Printing, Packaging Machinery, Material Handling, Storage Systems) and By Region- Industry Analysis, Share, Growth and Forecast 2021-2026

Pulished: January, 2021
ID: 10753
Pages: 175

Product Description:

Mounted drives offer a multitude of application and service options to end users. A mounted unit is usually a ball or roller bearing placed in a housing. These units can be designed for standard ball bearings, roller bearings, and even grooved bearings that allow for easier mounting. They are mainly used in light and heavy industries ranging from construction and mining to conveyors in a food processing line. These bearings are widely used for heavy load and radial thrust applications, including engine and power train mounts.

Market Overview:

The global mounted bearings market is relied upon to develop from USD 1.4 billion In 2020 to USD 1.9 billion by 2025, recording a CAGR of 5.8% throughout the projection period.

The market is driven by the selection of mounted course in numerous ventures; its high proficiency and long assistance existence with less support prerequisites; developing interest for particular orientation for cost enhancement; and the expanding advancement and appropriation of sensor heading and IoT.

Recent Developments:

  • By switching to an NSK solution after repeated bearing failures on one of its main conveyors, a UK-based milk processing plant saves £ 10,000 a year.
  • New Timken® Hygienic Bearings for Food and Beverage Plants provide a stronger line of defense.
  • SKF has built up another versatile application that disentangles the assignment of mounting and supplanting heading. The SKF Bearing Assist application, created as a team with clients, gives definite mounting guidelines to a full scope of SKF course.
  • Schaeffler delivered the biggest circular plain bearing in the organization's set of experiences to date. This unique bearing weighs around 4.7 tons and has an external distance across of 1,900 millimeters, a drag measurement of 1,500 millimeters and a stature of 600 millimeters.

Drivers and Restraints of Mounted Bearing Market:

Drivers:

Increasing disposable income and lower tax rates on commercial and passenger vehicles due to the coronavirus pandemic are driving consumers to own vehicles. It is estimated that the growing consumer preference for light and fuel efficient vehicles will drive the market for mounted bearings worldwide. Leading automotive bearing manufacturers continually invest in manufacturing facilities to increase production of automotive bearings and expand their geographic presence to enhance their product portfolio worldwide. The presentation of sensor-based mounted heading in vehicles is probably going to fundamentally help the market for car mounted orientation. Expanding interest for cutting edge security highlights in vehicles, including the electronically monitored slowing mechanism, where sensor-mounted orientation is broadly utilized, is probably going to drive the car mounted bearing business sector around the globe.

Restraints:

Intense competition from bearing suppliers in low-cost countries is a drag on this worldwide market.

Market Segmentation:

By Application

  • Conveyors
  • Floor Cleaning Machines
  • Commercial Printing
  • Packaging Machinery
  • Material Handling
  • Storage System

According to market study, 30% of critical applications in the food and beverage industry, including food processing and packaging, require enclosures. Concerns about green manufacturing and energy are expected to increase demand for efficient industrial machinery. Therefore, the demand for ball bearings would increase in the coming years as the energy requirements of these bearings are lower than those of roller bearings.

Proficient material handling through transports is additionally expected to build the interest for mounted direction in the food handling industry. Mounted bearing is additionally utilized in a lot of applications.

By Product Type:

  • Ball Bearing
  • Tapered Bearing
  • Spherical Bearing

Mounted ball bearings are utilized in the rural, food and refreshment, and material businesses basically in light of their cost viability. Food producing units depend principally on metal rollers.

By Type:

  • Pillow Block
  • Flanged Cartridge
  • Take-Up Unit
  • Hanger Bearings
  • Cylindrical Cartridges

Mounted Bearing Market Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan
  4. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  5. Middle East and Africa

a. Middle East

b. Africa

Europe is supposed to account for a significant part of the global mounted bearings market due to the rapid expansion of manufacturing industries in the region. Europe has the presence of large original equipment manufacturers, as well as first-tier suppliers with significant facilities conducting research and development regarding mounted bearings, which is likely to drive the market for automotive mounted bearings in the area. The Asia-Pacific region is expected to account for a significant portion of the global mounted bearing market due to increased vehicle sales in the locale. Increasing industrialization in the region and profitable manufacturing are expected to drive the mounted bearings business in Asia Pacific. The rapid availability of raw material for the manufacture of mounted bearings is likely to further stimulate the market for automotive mounted bearings in Asia Pacific.

Key Players of Market:

  • Schaeffler AG
  • SKF
  • The TIMKEN Company
  • NSK Ltd.
  • NTN Corporation
  • JTEKT Corporation
  • Cixing Group Co. Ltd
  • ILJIN Co. Ltd.
  • BMI Bearings
  • ABB Motors and Mechanical Inc.
  • NRB Bearings
  • IPTCI Bearings
  • Bearings Ltd
  • PBC Linear
  • IKO International Inc.
  • Indiana Bearings Pvt Ltd

IMPACT OF COVID-19 ON MOUNTED BEARING MARKET:

The coronavirus pandemic is expected to have a slight impact on the global mounted bearings market. Mounted bearings have enormous potential in the converting industry, the paper industry, and the furniture industry. Companies like Greenply, Action Tesa and Asahi Glass rely heavily on mounted bearings for material transfer and handling. The impact of COVID-19 will be greatest in the largest bearings and least in the smallest bearings as production and sales in low-profile industries such as cement, mining, etc. have been slow lately due to blockages around the world. They have been slow lately due to closures around the world. The larger bearings are used in construction and the mining industry. These activities are blocked due to the pandemic. The smallest bearings are used in agriculture and the food and beverage industries. These industries are less affected by the pandemic. Therefore, the demand for smaller bearings will be there during the pandemic, reducing rating from 8 to 10% of volume in 2020. It will resume once construction projects have started. The maintenance cycle will be extended due to low production pressure.

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Mounted Bearing Market, By Type              

                    6.1.1 Pillow Block   

                    6.1.2 Flanged Cartridge    

                    6.1.3 Take-Up Unit

                    6.1.4 Hanger Bearings       

                    6.1.5 Cylindrical Cartridges         

                    6.1.6 Market Size Estimations & Forecasts (2021-2026)        

                    6.1.7 Y-o-Y Growth Rate Analysis         

                    6.1.8 Market Attractiveness Index         

          6.2 Mounted Bearing Market, By Application              

                    6.2.1 Conveyors      

                    6.2.2 Floor Cleaning Machines    

                    6.2.3 Commercial Printing 

                    6.2.4 Packaging Machinery

                    6.2.5 Material Handling     

                    6.2.6 Storage System        

                    6.2.7 Market Size Estimations & Forecasts (2021-2026)        

                    6.2.8 Y-o-Y Growth Rate Analysis         

                    6.2.9 Market Attractiveness Index         

          6.3 Mounted Bearing Market, By Product Type           

                    6.3.1 Ball Bearing   

                    6.3.2 Tapered Bearing       

                    6.3.3 Spherical Bearing     

                    6.3.4 Market Size Estimations & Forecasts (2021-2026)        

                    6.3.5 Y-o-Y Growth Rate Analysis         

                    6.3.6 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Type         

                    7.2.3 By Application

                    7.2.4 By Product Type       

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Type         

                    7.3.3 By Application

                    7.3.4 By Product Type       

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Type         

                    7.4.3 By Application

                    7.4.4 By Product Type       

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Type         

                    7.5.3 By Application

                    7.5.4 By Product Type       

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Type         

                    7.6.3 By Application

                    7.6.4 By Product Type       

8. Key Player Analysis                           

          8.1 Schaeffler AG              

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 SKF                  

          8.3 The TIMKEN Company           

          8.4 NSK Ltd.           

          8.5 NTN Corporation                   

          8.6 JTEKT Corporation                 

          8.7 Cixing Group Co. Ltd            

          8.8 ILJIN Co. Ltd.              

          8.9 BMI Bearings               

          8.10 ABB Motors and Mechanical Inc               

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms By Cutting Systems and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Mounted Bearing  Market By Region, From 2021-2026 ( USD Billion )
  2. Global Mounted Bearing  Market By Type, From 2021-2026 ( USD Billion )
  3. Global Pillow Block Market By Region, From 2021-2026 ( USD Billion )
  4. Global Flanged Cartridge Market By Region, From 2021-2026 ( USD Billion )
  5. Global Take-Up Unit Market By Region, From 2021-2026 ( USD Billion )
  6. Global Hanger Bearings Market By Region, From 2021-2026 ( USD Billion )
  7. Global Cylindrical Cartridges Market By Region, From 2021-2026 ( USD Billion )
  8. Global Mounted Bearing  Market By Application, From 2021-2026 ( USD Billion )
  9. Global Conveyors Market By Region, From 2021-2026 ( USD Billion )
  10. Global Floor Cleaning Machines Market By Region, From 2021-2026 ( USD Billion )
  11. Global Commercial Printing Market By Region, From 2021-2026 ( USD Billion )
  12. Global Packaging Machinery Market By Region, From 2021-2026 ( USD Billion )
  13. Global Material Handling Market By Region, From 2021-2026 ( USD Billion )
  14. Global Storage System Market By Region, From 2021-2026 ( USD Billion )
  15. Global Mounted Bearing  Market By Product Type, From 2021-2026 ( USD Billion )
  16. Global Ball Bearing Market By Region, From 2021-2026 ( USD Billion )
  17. Global Tapered Bearing Market By Region, From 2021-2026 ( USD Billion )
  18. Global Spherical Bearing Market By Region, From 2021-2026 ( USD Billion )

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