Global Duplex Bearings Market size was valued at US$ 5.95 Bn. in 2022 and expected to reach US$ 9.55 Bn. by 2029 at a CAGR of 7% during the forecast period.Global Duplex Bearings Market Overview:
Duplex bearings are advanced high precision ball bearings used for radial and axial load compensation in industries including construction, equipment manufacturing, robotics and others. Moreover, duplex bearings consisted of two joint bearings making them higher in load capacity than single bearings. Duplex bearings are always calibrated in two groups to achieve maximum accuracy in the process. Global duplex bearings market is expected to register a CAGR of approximately 5.8% during the forecast period owing to the factor of installation provided in the bearings.To know about the Research Methodology :- Request Free Sample Report
Global Duplex Bearings Market Dynamics:
Increasing demand for better shaft location for assembly of bearing parts and trend of compact devices across the globe are the key demand drivers for the market. In addition, increasing demand for radial clearance in aircraft manufacturing, construction load maneuvering and robotics equipment is the key factor considered to drive the growth of the market. According to an article of Engineering 360 magazine, the construction equipment sector accounted for approximately 2.6 billion USD for duplex bearings applications in the year 2019. Emergence of Preload offset technique by ball bearing manufacturers for relieving the stress on inner rings and minimization of ball skidding. Moreover, establishment of radial and axial stiffness in the inner and outer rings of ball bearings are emerging in the aircraft and defense sector owing to the high loading faced by them and dealing with constant air resistance. Above factors are attributing growth in the demand for the duplex bearings as manufacturers are more inclined towards providing safety to the aircrafts design. Need of minimum run out and increasing demand for duplex bearings in cases where additional capacity is required in less space are the key supporting factors driving the demand for the market. Easy assembly and maintenance of duplex bearings are considered to drive the demand for the product. Need of higher amount of lubrication and need of external arrangement to initiate the cooling procedures of bearings are the key restraining factors hampering the growth of the market. Less bidirectional stability of duplex bearings is the key challenge expected to restrain the demand for the product across the globe. More opportunities and market trends are analyzed in the report for better understanding of users. In addition, 2020 data is also considered in the report to give the bottom up insights to the user in order to give clear marketing dynamics on the basis of real numbers.Global Duplex Bearings Market Segmentation:
Tandem Bearing Mounting Arrangement Segment is dominating the Duplex Bearings Market:
According to American Bearing Manufacturers Association, Tandem bearing mountings accounted for approximately 2.9 billion USD in the year 2019 owing to the high load carrying capacity of tandem arrangement and higher axial stiffness than face to face and back to back arrangement of bearings. Tandem bearings are used in the special cases where larger accommodations of bearings are not possible and constraint to the diameter is stopping the bearing size and allocation parameters. In addition, tandem bearings are used in the construction sector and aircraft manufacturing by approximately 29% and 17% market share respectively. Back to back bearing arrangement is considered to gain traction during the forecast period owing to higher speed and maximum stiffness of the arrangement. Moreover, high moment toughness gained by the arrangement is the key factor driving the segment demand across the globe during the forecast period.E Commerce segment considered to gain traction in Duplex Bearings Market:
E-commerce aftermarket is gaining traction across the globe owing to changing purchasing patterns of consumers and increasing smartphone penetration across the emerging economies. Moreover, real time updates given by manufacturers for new product launches and exclusive deals given by retailers are the key demand drivers for the E commerce segment. Increasing Omni channel retailing and convenience to consumers to buy the products at the safety of their homes are the factors attributing to the growth of the E commerce segment. According to Indiamart, duplex bearings sales accounted for approximately 460 million USD in the year 2019 registering Y-O-Y growth of 7.44% from 2018-2019.Global Duplex Bearings Market Regional Insights:
Asia Pacific is dominating the market in terms of unit sales and manufacturing owing to increasing demand for duplex bearings in China and Indian regions. In addition, the rising aircraft manufacturing and defense sector across the region and well established players in the region are the key factors considered to drive the demand for products in the region. Moreover, an abundance of key manufacturers in the region including JTEKT, NTN, Aisin Seiki and others is driving the market growth. On the other hand, increasing raw material cost across the globe and hindrance in Chinese raw material and first copy production is restraining the regional growth. North America is anticipated to pose as the prominent region in the Duplex Bearings Market owing to well established automation across various industries in the region and rising construction sector investments by governments of US and Canada regions. Moreover, the trend of compact mechanisms among the manufacturers in the region is driving the demand for the product in the market. MEA region is also expected to pose as an emerging region owing to increasing oil and gas piping construction activities across the regions. In addition, investments of North American countries and EU for natural gas proceedings in the GCC countries is creating a demand for a bearing market for fitting procedures in the region. The objective of the report is to present a comprehensive analysis of the Global Duplex Bearings Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Duplex Bearings Market dynamics, structure by analyzing the market segments and project the Global Duplex Bearings Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Duplex Bearings Market make the report investor’s guideGlobal Duplex Bearings Market Scope: Inquire before buying
Global Duplex Bearings Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 5.95 Bn. Forecast Period 2023 to 2029 CAGR: 7% Market Size in 2029: US $ 9.55 Bn. Segments Covered: by Bearing Mounting Arrangement DB (Back to Back Arrangement) DF (Face to Face Arrangement) DT (Tandem Arrangement) DU (Universal Arrangement) by Sales Channel Offline Online by End User Industry Robotics Medical equipment Construction Military and defense High speed trains Recreational vehicles Oil derricks Others Global Duplex Bearings Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Global Duplex Bearings Market, Key Players are
1. SKF 2. Emerson Bearing 3. NSK 4. RBC Bearings 5. NTN Corporation 6. PIB Bearings, Inc. 7. IEC 8. NHBB 9. GRW 10. Aisin Seiki Corporation 11. JTEKT Corporation 12. Schaeffler AG 13. Timken 14. THK 15. MRC BearingsFAQs:
1. What is the global Duplex Bearings market share in 2022? Ans: Approximately, 5.95 billion USD. 2. Which End User Industry segment is leading the Duplex Bearings market? Ans: Construction industry is leading the market owing to increasing applications of duplex bearings in sheaves and cranes arrangement. Moreover, radial loading compensation of beams in construction sites is considered to drive the construction industry. 3. Who are the top companies in Global Duplex Bearings manufacturing market? Ans: SKF, Emerson Bearing, NSK, RBC Bearings, NTN Corporation, PIB Bearings, Inc., IEC, NHBB, GRW, Aisin Seiki Corporation and others. 4. Which region is expected to dominate the duplex bearings market during the forecast period? Ans: Asia Pacific dominates the market owing to increasing demand for duplex bearings in China and Indian regions. In addition, rising aircraft manufacturing and defense sector across the region and well established players in the region are the key factors considered to drive the demand for product in the region. 5. What is the key driving factor for the growth of the Global Duplex Bearings market? Ans: Increasing demand for better shaft location for assembly of bearing parts and trend of compact devices across the globe are the key demand drivers for the market.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Duplex Bearings Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Duplex Bearings Size Market 3.4. Geographical Snapshot of the Duplex Bearings Market, By Manufacturer share 4. Global Duplex Bearings Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Technologies 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Duplex Bearings Market 5. Supply Side and Demand Side Indicators 6. Global Duplex Bearings Market Analysis and Forecast, 2022-2029 6.1. Global Duplex Bearings Market Size & Y-o-Y Growth Analysis. 7. Global Duplex Bearings Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 7.1.1. DB (Back to Back Arrangement) 7.1.2. DF (Face to Face Arrangement) 7.1.3. DT (Tandem Arrangement) 7.1.4. DU (Universal Arrangement) 7.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 7.2.1. Offline 7.2.2. Online 7.2.2.1. E commerce 7.2.2.2. Company websites 7.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 7.3.1. Robotics 7.3.2. Medical equipment 7.3.3. Construction 7.3.4. Military and defense 7.3.5. High speed trains 7.3.6. Recreational vehicles 7.3.7. Oil derricks 7.3.8. Others 8. Global Duplex Bearings Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Duplex Bearings Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 9.1.1. DB (Back to Back Arrangement) 9.1.2. DF (Face to Face Arrangement) 9.1.3. DT (Tandem Arrangement) 9.1.4. DU (Universal Arrangement) 9.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 9.2.1. Offline 9.2.2. Online 9.2.2.1. E commerce 9.2.2.2. Company websites 9.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 9.3.1. Robotics 9.3.2. Medical equipment 9.3.3. Construction 9.3.4. Military and defense 9.3.5. High speed trains 9.3.6. Recreational vehicles 9.3.7. Oil derricks 9.3.8. Others 10. North America Duplex Bearings Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Duplex Bearings Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 12. Canada Duplex Bearings Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 13. Mexico Duplex Bearings Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 14. Europe Duplex Bearings Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 15. Europe Duplex Bearings Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Duplex Bearings Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 17. France Duplex Bearings Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 18. Germany Duplex Bearings Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 19. Italy Duplex Bearings Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 20. Spain Duplex Bearings Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 21. Sweden Duplex Bearings Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 22. CIS Countries Duplex Bearings Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 23. Rest of Europe Duplex Bearings Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 24. Asia Pacific Duplex Bearings Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 25. Asia Pacific Duplex Bearings Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Duplex Bearings Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 27. India Duplex Bearings Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 28. Japan Duplex Bearings Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 29. South Korea Duplex Bearings Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 30. Australia Duplex Bearings Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 31. ASEAN Duplex Bearings Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 32. Rest of Asia Pacific Duplex Bearings Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 33. Middle East Africa Duplex Bearings Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 34. Middle East Africa Duplex Bearings Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Duplex Bearings Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 36. GCC Countries Duplex Bearings Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 37. Egypt Duplex Bearings Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 38. Nigeria Duplex Bearings Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 39. Rest of ME&A Duplex Bearings Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 40. South America Duplex Bearings Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 41. South America Duplex Bearings Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Duplex Bearings Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 43. Argentina Duplex Bearings Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 44. Rest of South America Duplex Bearings Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Bearing Mounting Arrangement, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By End User Industry, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Duplex Bearings Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. SKF 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Emerson Bearing 45.3.3. NSK 45.3.4. RBC Bearings 45.3.5. NTN Corporation 45.3.6. PIB Bearings, Inc. 45.3.7. IEC 45.3.8. NHBB 45.3.9. GRW 45.3.10. Aisin Seiki Corporation 45.3.11. JTEKT Corporation 45.3.12. Schaeffler AG 45.3.13. Timken 45.3.14. THK 45.3.15. MRC Bearings 46. Primary Key Insights