The Asia Pacific Bearing Market would witness market growth of 9.0% CAGR during the forecast period (2022-2028).
Roller bearings use a variety of rolling element forms, such as straight rollers, needle rollers, tapered rollers, spherical rollers, etc. Due to the greater contact area between the rollers and the races, roller bearings can withstand greater radial stresses than their ball-bearing counterparts. Utilizing tapered components and races, certain roller bearings are engineered to withstand high thrust loads.
Mounted bearings consist of a ball, roller, or sleeve bearing that are provided in housings, flanges, etc., and are typically equipped with seals and/or shields for environmental protection. Pillow blocks, flanges, take-ups, etc., are typical mounting types. Take-up components on conveyors are frequently used to regulate the tension of the conveyor belt. Speeds, when selecting rolling element bearings, whether ball or roller or as mounted units, designers often consider several criteria, such as loads, both their amounts and directions, the precision demands of the shaft system, misalignment factors, speeds, noise, and friction.
A designer may choose a roller bearing over a ball bearing when radial loads are high, and similarly when axial loads are predicted to be high. When a bearing must be able to handle some shaft misalignment, the developer may choose a ball bearing for typical loads or a spherical roller bearing, which is also highly capable of accommodating shaft misalignment. Ball bearings often handle high speeds better than roller bearings, and in situations where precision and minimal friction are of the utmost importance, such as machine tools, a ball bearing may be the only method to achieve the criteria.
China's transport sector has adopted a new strategy to keep up with the new growth dynamic and to promote high-quality domestic manufacturing and high-standard openness. China is seizing golden chances to improve services, reform infrastructure, and modernize infrastructure to construct an intelligent, safe, and environmentally friendly transportation system. China is dedicated to satisfying public needs and advancing public interest to build its transportation industry.
The China market dominated the Asia Pacific Bearing Market by Country in 2021; thereby, achieving a market value of $19.9 billion by 2028. The Japan market is registering a CAGR of 8.3% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.6% during (2022 - 2028).
Based on Product, the market is segmented into Ball Bearings, Roller Bearings, Plain Bearings and Others. Based on Ball Bearings Type, the market is segmented into Deep Groove Bearings and Others. Based on Roller Bearings Type, the market is segmented into Split, Tapered and Others. Based on Plain Bearings Type, the market is segmented into Journal, Linear, Thrust and Others. Based on Application, the market is segmented into Automotive, Mining & Construction, Agriculture, Electrical, Railway & Aerospace, Automotive Aftermarket and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Bearing Market is Projected to reach USD 181.1 Billion by 2028, at a CAGR of 8.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AB SKF, NSK Ltd., NTN Corporation, RBC Bearings, Inc., Rexnord Corporation (Regal Rexnord Corporation), Schaeffler AG, The Timken Company, JTEKT Corporation, Harbin Bearing Manufacturing Co. Ltd. (HRB Group) and HKT Bearings Limited.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Ball Bearings
- Deep Groove Bearings
- Others
- Roller Bearings
- Plain Bearings
- Journal
- Linear
- Thrust
- Others
- Others
By Application
- Automotive
- Mining & Construction
- Agriculture
- Electrical
- Railway & Aerospace
- Automotive Aftermarket
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- AB SKF
- NSK Ltd.
- NTN Corporation
- RBC Bearings, Inc.
- Rexnord Corporation (Regal Rexnord Corporation)
- Schaeffler AG
- The Timken Company
- JTEKT Corporation
- Harbin Bearing Manufacturing Co. Ltd. (HRB Group)
- HKT Bearings Limited
TABLE 1 Asia Pacific Bearing Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Bearing Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Bearing Market
TABLE 4 Product Launches And Product Expansions–Bearing Market
TABLE 5 Acquisition and Mergers–bearing Market
TABLE 6 Business Expansions –Bearing Market
TABLE 7 Asia Pacific Bearing Market by Product, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Bearing Market by Product, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Ball Bearings Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Ball Bearings Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Deep Groove Bearings Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Deep Groove Bearings Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Roller Bearings Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Roller Bearings Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Split Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Split Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Tapered Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Tapered Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Plain Bearings Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Plain Bearings Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Journal Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Journal Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Linear Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Linear Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Thrust Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Thrust Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Bearing Market by Application, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Bearing Market by Application, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Million
TABLE 45 Asia Pacific Mining & Construction Market by Country, 2018 - 2021, USD Million
TABLE 46 Asia Pacific Mining & Construction Market by Country, 2022 - 2028, USD Million
TABLE 47 Asia Pacific Agriculture Market by Country, 2018 - 2021, USD Million
TABLE 48 Asia Pacific Agriculture Market by Country, 2022 - 2028, USD Million
TABLE 49 Asia Pacific Electrical Market by Country, 2018 - 2021, USD Million
TABLE 50 Asia Pacific Electrical Market by Country, 2022 - 2028, USD Million
TABLE 51 Asia Pacific Railway & Aerospace Market by Country, 2018 - 2021, USD Million
TABLE 52 Asia Pacific Railway & Aerospace Market by Country, 2022 - 2028, USD Million
TABLE 53 Asia Pacific Automotive Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 54 Asia Pacific Automotive Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 55 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 56 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 57 Asia Pacific Bearing Market by Country, 2018 - 2021, USD Million
TABLE 58 Asia Pacific Bearing Market by Country, 2022 - 2028, USD Million
TABLE 59 China Bearing Market, 2018 - 2021, USD Million
TABLE 60 China Bearing Market, 2022 - 2028, USD Million
TABLE 61 China Bearing Market by Product, 2018 - 2021, USD Million
TABLE 62 China Bearing Market by Product, 2022 - 2028, USD Million
TABLE 63 China Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 64 China Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 65 China Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 66 China Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 67 China Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 68 China Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 69 China Bearing Market by Application, 2018 - 2021, USD Million
TABLE 70 China Bearing Market by Application, 2022 - 2028, USD Million
TABLE 71 Japan Bearing Market, 2018 - 2021, USD Million
TABLE 72 Japan Bearing Market, 2022 - 2028, USD Million
TABLE 73 Japan Bearing Market by Product, 2018 - 2021, USD Million
TABLE 74 Japan Bearing Market by Product, 2022 - 2028, USD Million
TABLE 75 Japan Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 76 Japan Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 77 Japan Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 78 Japan Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 79 Japan Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 80 Japan Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 81 Japan Bearing Market by Application, 2018 - 2021, USD Million
TABLE 82 Japan Bearing Market by Application, 2022 - 2028, USD Million
TABLE 83 India Bearing Market, 2018 - 2021, USD Million
TABLE 84 India Bearing Market, 2022 - 2028, USD Million
TABLE 85 India Bearing Market by Product, 2018 - 2021, USD Million
TABLE 86 India Bearing Market by Product, 2022 - 2028, USD Million
TABLE 87 India Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 88 India Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 89 India Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 90 India Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 91 India Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 92 India Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 93 India Bearing Market by Application, 2018 - 2021, USD Million
TABLE 94 India Bearing Market by Application, 2022 - 2028, USD Million
TABLE 95 South Korea Bearing Market, 2018 - 2021, USD Million
TABLE 96 South Korea Bearing Market, 2022 - 2028, USD Million
TABLE 97 South Korea Bearing Market by Product, 2018 - 2021, USD Million
TABLE 98 South Korea Bearing Market by Product, 2022 - 2028, USD Million
TABLE 99 South Korea Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 100 South Korea Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 101 South Korea Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 102 South Korea Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 103 South Korea Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 104 South Korea Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 105 South Korea Bearing Market by Application, 2018 - 2021, USD Million
TABLE 106 South Korea Bearing Market by Application, 2022 - 2028, USD Million
TABLE 107 Singapore Bearing Market, 2018 - 2021, USD Million
TABLE 108 Singapore Bearing Market, 2022 - 2028, USD Million
TABLE 109 Singapore Bearing Market by Product, 2018 - 2021, USD Million
TABLE 110 Singapore Bearing Market by Product, 2022 - 2028, USD Million
TABLE 111 Singapore Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 112 Singapore Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 113 Singapore Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 114 Singapore Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 115 Singapore Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 116 Singapore Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 117 Singapore Bearing Market by Application, 2018 - 2021, USD Million
TABLE 118 Singapore Bearing Market by Application, 2022 - 2028, USD Million
TABLE 119 Malaysia Bearing Market, 2018 - 2021, USD Million
TABLE 120 Malaysia Bearing Market, 2022 - 2028, USD Million
TABLE 121 Malaysia Bearing Market by Product, 2018 - 2021, USD Million
TABLE 122 Malaysia Bearing Market by Product, 2022 - 2028, USD Million
TABLE 123 Malaysia Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 124 Malaysia Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 125 Malaysia Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 126 Malaysia Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 127 Malaysia Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 128 Malaysia Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 129 Malaysia Bearing Market by Application, 2018 - 2021, USD Million
TABLE 130 Malaysia Bearing Market by Application, 2022 - 2028, USD Million
TABLE 131 Rest of Asia Pacific Bearing Market, 2018 - 2021, USD Million
TABLE 132 Rest of Asia Pacific Bearing Market, 2022 - 2028, USD Million
TABLE 133 Rest of Asia Pacific Bearing Market by Product, 2018 - 2021, USD Million
TABLE 134 Rest of Asia Pacific Bearing Market by Product, 2022 - 2028, USD Million
TABLE 135 Rest of Asia Pacific Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 136 Rest of Asia Pacific Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 137 Rest of Asia Pacific Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 138 Rest of Asia Pacific Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 139 Rest of Asia Pacific Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 140 Rest of Asia Pacific Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 141 Rest of Asia Pacific Bearing Market by Application, 2018 - 2021, USD Million
TABLE 142 Rest of Asia Pacific Bearing Market by Application, 2022 - 2028, USD Million
TABLE 143 Key Information –AB SKF
TABLE 144 Key Information – Nsk ltd.
TABLE 145 Key Information – NTN COrporation
TABLE 146 Key Information – RBC BEARINGS, inc.
TABLE 147 Key Information –Rexnord Coporation
TABLE 148 Key Information – Schaeffler AG
TABLE 149 Key Information – the timken company
TABLE 150 Key information – JTEKT Corporation
TABLE 151 Key Information – Harbin Bearing Manufacturing Co. Ltd.
TABLE 152 Key Information – HKT Bearings Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, , Collaborations and Agreements: 2018 Aug– 2022,Sep) Leading Players
FIG 5 Key Strategic Move: (Mergers and Acquisitions: 2018, Feb - 2022,Jan) Leading Players
FIG 6 Recent strategies and developments: AB SKF
FIG 7 Recent strategies and developments: NSK Ltd.
FIG 8 Recent strategies and developments: NTN Corporation
FIG 9 Recent strategies and developments: Rexnord Corporation
FIG 10 Recent strategies and developments: Schaeffler AG