In 2012, the global bearings market was valued around USD 33.00 billion and is anticipated to reach approximately USD 69.15 billion while maintaining a compound annual growth rate (CAGR) of 6.89% during the forecast period owing to the growing manufacturing of heavy machinery. Moreover, the rising use of high capacity bearings in the manufacturing of wind turbines is expected to boost demand during the forecast years. Wind turbines use these products to improve turbine performance & reliability, reduce consumption of lubricant, and boost the production of energy.
Major Key Player
Schaeffler Group
NTN Corporation
SKF Group
NSK Global
JTEKT Corporation
Timken

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The global bearings market is segmented as follows :
By Product
• Ball Bearings
o Deep Groove bearings
o Others
• Roller Bearings
o Split bearings
o Tapered bearings
o Others
• Others
By Application
• Automotive
• Agriculture
• Electrical
• Mining & construction
• Railway & Aerospace
• Automotive Aftermarket
• Others

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Table of Contents :
1. Introduction
2. Executive Summary
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising Application Of High Capacity Bearings In Wind Turbines
3.2.1.2. Growing Demand for Bearing in Energy-Efficient Vehicles
3.2.2. Restraints
3.2.2.1. High Cost Of Raw Materials
3.2.2.2. Counterfeit Products
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Bearings Market, By Product
5. Bearings Market, By Application
6. Bearings Market, By Region
7. Company Profiles

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