The Latin America, Middle East and Africa Bearing Market would witness market growth of 11.0% CAGR during the forecast period (2022-2028).
Static and dynamic load ratings are crucial factors to consider when evaluating bearings. When strong loads are applied to non-rotating bearings, a condition called brinelling can occur, in which the balls repeatedly damage the races at the same location. The identical stresses applied to the bearing throughout the operation may be less of a worry because any indentations will not accumulate in the same locations each time.
Bearing manufacturers specify bearing rated capabilities for their bearings, which for ball bearings are designated as extra-light, light, medium, etc., where the bore or shaft dimensions must expand to meet increasing loads. The rated capacity is based on a statistical metric stating that a certain proportion of bearings will complete a specified number of rotations without failing.
Linear bearings are sized based on linear travel, total linear distance, load, accuracy requirements, etc., with many factors being equivalent to those of radial bearings. For dimensional precision and low-friction sliding, ground shafting is coupled with linear bearings. To handle expansion and contraction in fixed constructions such as bridges and buildings, slide bearings are utilized. Typically, they consist of two Teflon plates sandwiched by substantial structural components.
Iran is one of the world's largest countries by land size and has vast untapped potential in regions that have been mostly ignored due to economic sanctions. All of this is going to change as a result of the forthcoming historic Iran-US accord. Due to the uncertain social and political climate, companies may be cautious to invest in Iran in the near term, but as time passes, Iran will experience an increase in foreign investment inflows. Initially, government aid for international businesses will be essential. Several substantial investment proposals have already been presented.
The Brazil market dominated the LAMEA Bearing Market by Country in 2021; thereby, achieving a market value of $2.7 billion by 2028. The Argentina market is showcasing a CAGR of 11.6% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 10.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Bearing Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Bearing Market, 2018 - 2021, USD Million
TABLE 2 LAMEA 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 LAMEA Bearing Market by Product, 2018 - 2021, USD Million
TABLE 8 LAMEA Bearing Market by Product, 2022 - 2028, USD Million
TABLE 9 LAMEA Ball Bearings Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Ball Bearings Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 12 LAMEA Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 13 LAMEA Deep Groove Bearings Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Deep Groove Bearings Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Roller Bearings Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Roller Bearings Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 20 LAMEA Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 21 LAMEA Split Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Split Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Tapered Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Tapered Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Plain Bearings Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Plain Bearings Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 30 LAMEA Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 31 LAMEA Journal Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Journal Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Linear Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Linear Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Thrust Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Thrust Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Bearing Market by Application, 2018 - 2021, USD Million
TABLE 42 LAMEA Bearing Market by Application, 2022 - 2028, USD Million
TABLE 43 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA Mining & Construction Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA Mining & Construction Market by Country, 2022 - 2028, USD Million
TABLE 47 LAMEA Agriculture Market by Country, 2018 - 2021, USD Million
TABLE 48 LAMEA Agriculture Market by Country, 2022 - 2028, USD Million
TABLE 49 LAMEA Electrical Market by Country, 2018 - 2021, USD Million
TABLE 50 LAMEA Electrical Market by Country, 2022 - 2028, USD Million
TABLE 51 LAMEA Railway & Aerospace Market by Country, 2018 - 2021, USD Million
TABLE 52 LAMEA Railway & Aerospace Market by Country, 2022 - 2028, USD Million
TABLE 53 LAMEA Automotive Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 54 LAMEA Automotive Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 55 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 56 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 57 LAMEA Bearing Market by Country, 2018 - 2021, USD Million
TABLE 58 LAMEA Bearing Market by Country, 2022 - 2028, USD Million
TABLE 59 Brazil Bearing Market, 2018 - 2021, USD Million
TABLE 60 Brazil Bearing Market, 2022 - 2028, USD Million
TABLE 61 Brazil Bearing Market by Product, 2018 - 2021, USD Million
TABLE 62 Brazil Bearing Market by Product, 2022 - 2028, USD Million
TABLE 63 Brazil Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 64 Brazil Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 65 Brazil Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 66 Brazil Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 67 Brazil Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 68 Brazil Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 69 Brazil Bearing Market by Application, 2018 - 2021, USD Million
TABLE 70 Brazil Bearing Market by Application, 2022 - 2028, USD Million
TABLE 71 Argentina Bearing Market, 2018 - 2021, USD Million
TABLE 72 Argentina Bearing Market, 2022 - 2028, USD Million
TABLE 73 Argentina Bearing Market by Product, 2018 - 2021, USD Million
TABLE 74 Argentina Bearing Market by Product, 2022 - 2028, USD Million
TABLE 75 Argentina Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 76 Argentina Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 77 Argentina Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 78 Argentina Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 79 Argentina Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 80 Argentina Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 81 Argentina Bearing Market by Application, 2018 - 2021, USD Million
TABLE 82 Argentina Bearing Market by Application, 2022 - 2028, USD Million
TABLE 83 UAE Bearing Market, 2018 - 2021, USD Million
TABLE 84 UAE Bearing Market, 2022 - 2028, USD Million
TABLE 85 UAE Bearing Market by Product, 2018 - 2021, USD Million
TABLE 86 UAE Bearing Market by Product, 2022 - 2028, USD Million
TABLE 87 UAE Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 88 UAE Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 89 UAE Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 90 UAE Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 91 UAE Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 92 UAE Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 93 UAE Bearing Market by Application, 2018 - 2021, USD Million
TABLE 94 UAE Bearing Market by Application, 2022 - 2028, USD Million
TABLE 95 Saudi Arabia Bearing Market, 2018 - 2021, USD Million
TABLE 96 Saudi Arabia Bearing Market, 2022 - 2028, USD Million
TABLE 97 Saudi Arabia Bearing Market by Product, 2018 - 2021, USD Million
TABLE 98 Saudi Arabia Bearing Market by Product, 2022 - 2028, USD Million
TABLE 99 Saudi Arabia Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 100 Saudi Arabia Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 101 Saudi Arabia Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 102 Saudi Arabia Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 103 Saudi Arabia Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 104 Saudi Arabia Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 105 Saudi Arabia Bearing Market by Application, 2018 - 2021, USD Million
TABLE 106 Saudi Arabia Bearing Market by Application, 2022 - 2028, USD Million
TABLE 107 South Africa Bearing Market, 2018 - 2021, USD Million
TABLE 108 South Africa Bearing Market, 2022 - 2028, USD Million
TABLE 109 South Africa Bearing Market by Product, 2018 - 2021, USD Million
TABLE 110 South Africa Bearing Market by Product, 2022 - 2028, USD Million
TABLE 111 South Africa Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 112 South Africa Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 113 South Africa Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 114 South Africa Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 115 South Africa Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 116 South Africa Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 117 South Africa Bearing Market by Application, 2018 - 2021, USD Million
TABLE 118 South Africa Bearing Market by Application, 2022 - 2028, USD Million
TABLE 119 Nigeria Bearing Market, 2018 - 2021, USD Million
TABLE 120 Nigeria Bearing Market, 2022 - 2028, USD Million
TABLE 121 Nigeria Bearing Market by Product, 2018 - 2021, USD Million
TABLE 122 Nigeria Bearing Market by Product, 2022 - 2028, USD Million
TABLE 123 Nigeria Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 124 Nigeria Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 125 Nigeria Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 126 Nigeria Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 127 Nigeria Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 128 Nigeria Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 129 Nigeria Bearing Market by Application, 2018 - 2021, USD Million
TABLE 130 Nigeria Bearing Market by Application, 2022 - 2028, USD Million
TABLE 131 Rest of LAMEA Bearing Market, 2018 - 2021, USD Million
TABLE 132 Rest of LAMEA Bearing Market, 2022 - 2028, USD Million
TABLE 133 Rest of LAMEA Bearing Market by Product, 2018 - 2021, USD Million
TABLE 134 Rest of LAMEA Bearing Market by Product, 2022 - 2028, USD Million
TABLE 135 Rest of LAMEA Bearing Market by Ball Bearings Type, 2018 - 2021, USD Million
TABLE 136 Rest of LAMEA Bearing Market by Ball Bearings Type, 2022 - 2028, USD Million
TABLE 137 Rest of LAMEA Bearing Market by Roller Bearings Type, 2018 - 2021, USD Million
TABLE 138 Rest of LAMEA Bearing Market by Roller Bearings Type, 2022 - 2028, USD Million
TABLE 139 Rest of LAMEA Bearing Market by Plain Bearings Type, 2018 - 2021, USD Million
TABLE 140 Rest of LAMEA Bearing Market by Plain Bearings Type, 2022 - 2028, USD Million
TABLE 141 Rest of LAMEA Bearing Market by Application, 2018 - 2021, USD Million
TABLE 142 Rest of LAMEA 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