Global Needle Roller Bearings Market: Industry Analysis and Forecast 2020 -2026: By Vehicle Type, Application and Region.

Global Needle Roller Bearings Market is anticipated to reach US$ XX Mn by 2026 from US$ XX Mn in 2019 at a CAGR of 9.2% during a forecast period.

Global Needle Roller Bearings Market Overview

Tapered, cylindrical, needle and spherical bearings are all members of the roller bearing group. The needle roller bearings are the lightest and tiniest of all. They feature major design elements that may be employed in a variety of applications. Their size offers them an advantage in some applications that need less weight and space. As a result, roller bearing material is used in a variety of production facilities and automotive enterprises to increase the efficiency and performance of machinery and automobiles. Industries are now adding high-end, pricey equipment to assure the seamless running of their day-to-day operations. Global Needle Roller Bearings Market To know about the Research Methodology :- Request Free Sample Report The report also covers the detailed analysis of the Global Needle Roller Bearings Market with the classifications of the market based on battery, voltage, vehicle type, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.

Global Needle Roller Bearings Market Dynamics

The needle roller bearing market is developing in tandem with technological improvement. Manufacturing companies are focusing on producing needle roller bearings with increased tensile strength, reduced weight, and reduced space and energy consumption so that they can withstand the stress of heavy machinery. These needle roller bearings are most typically found in two-cycle engine sectors, agricultural equipment, and construction equipment. Furthermore, needle roller bearings are used by a wide range of customers since they provide a variety of benefits. This, in turn, is expected to drive the growth of the needle roller bearing market. Also, due to the launch of new car models with a high degree of customization possibilities, the automobile industry is experiencing significant demand for IC engine cars in mature markets such as the Americas. To decrease friction and maintain the smooth operation of parts, automotive needle roller bearings are widely utilized in IC engine components. The need for automotive needle roller bearings is expected to rise due to the increasing use of IC engine cars during the forecast period.

Internal combustion engine (ICE) powered vehicles sold in selected countries/regions worldwide in 2019

The need for automotive needle roller bearings is expected to rise due to the increasing use of IC engine cars as they decrease friction and maintain the smooth operation of parts. Global Needle Roller Bearings Market 1

Needle Roller Bearings Market across the Asia-Pacific Countries to create opportunities

Bearings are important buyers in Asia-Pacific nations including India, Korea, China, and Japan. During the forecast period, the Chinese automotive market is expected to overtake the bulk of the European vehicle market. This is expected to aid the Asia Pacific bearings market's steady growth during the projected period. In 2019, the market was worth US$75.91 billion, and by 2026, it is predicted to be worth US$118.21 billion. Global Needle Roller Bearings Market 2

Global Needle Roller Bearings Market Segmentation Analysis

By Vehicle Type, the passenger vehicle segment is expected to grow at the largest CAGR of nearly 4.5% during the forecast period. This can be attributed to the requirement of multiple needle roller bearings in various systems of the vehicle. Furthermore, as the average age of vehicles increases, the need for repair and maintenance services is expected to rise, increasing the need for needle roller bearings during the forecast period. Global Needle Roller Bearings Market 3 By Application, the automotive segment is expected to grow at the largest CAGR of nearly 4.1% during the forecast period. The rising popularity of electric vehicles has fueled the development of a variety of components, including low-noise thrust needle roller bearings. When compared to IC engine cars, these bearings provide a smoother driving experience by creating less engine noise. Because of the growing popularity of EVs, numerous market suppliers are developing low-noise thrust needle bearings, especially for electric cars. This trend is likely to drive the growth of the worldwide automotive needle roller bearing market during the forecast period.

Leading market key players are working to demonstrate the opportunity to market

Major players are implementing long-term tactics to acquire a competitive advantage, such as new product releases, product upgrades, and mergers and acquisitions, as well as collaboration partnerships. For example, the FIT dampers from FOX were excessively hefty. To retain consumers, the firm solved the issue by improving its needle roller bearing and fork damper. The new FIT4 fork damper and needle roller bearing system is lighter, has a smaller diameter, and can be customized to meet client needs. In January 2019, another company, Schaeffler, proposes to merge with two Indian firms, Luk India Pvt Limited and INA Bearings India Pvt Limited to broaden its product line and geographic reach. Global Needle Roller Bearings Market 4 The Asia Pacific market was worth $7.40 billion in 2019 and is expected to remain dominant in the forecast period. The increase is mostly due to increased automobile manufacturing in nations such as India, Japan, and China. Another factor boosting the market in this area is the increasing need for heavy machinery in these nations. Furthermore, manufacturers are working to update their current facilities to preserve precision and alignment. The automobile sector is growing its need for various types of bearings. This is expected to raise the potential of the Needle Roller Bearings Market further. To entice customers, automakers in the Americas have introduced a variety of car types with an automatic gearbox. The widespread use of automated transmission systems is expected to increase the need for needle roller bearings. Because of increasing demand for passenger vehicles and export-oriented manufacturing operations in Central and East European nations such as the Czech Republic, Romania, and Poland, the output of needle roller bearings is expected to grow during the forecast period.

Global Needle Roller Bearings Market Scope: Inquire before buying

Global Needle Roller Bearings Market 5

Global Needle Roller Bearings Market by Region

• North America • Asia pacific • Europe • Middle East and Africa • South America

Global Needle Roller Bearings Market Key Players

• SKF • AST bearings • NTN Corporation • Schaeffler Group • Timken Company • NSK Ltd • Koyo Seiko • San Yun Industrial co. Ltd • LELI SRL • SNL Bearings Limited • Federal-Mogul • NACHI • NMB • Rexnord • ZWZ • C&U GROUP
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 Needle Roller 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 Needle Roller Bearings Market 3.4. Geographical Snapshot of the Needle Roller Bearings Market, By Manufacturer share 4. Global Needle Roller Bearings Market Overview, 2019-2026 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 Products 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 Needle Roller Bearings Market 5. Supply Side and Demand Side Indicators 6. Global Needle Roller Bearings Market Analysis and Forecast, 2019-2026 6.1. Global Needle Roller Bearings Market Size & Y-o-Y Growth Analysis. 7. Global Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 7.1.1. Passenger vehicle 7.1.2. Commercial vehicle 7.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 7.2.1. Automotive Industry 7.2.2. Industrial Machine 7.2.3. Aerospace Industry 7.2.4. Others 8. Global Needle Roller Bearings Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 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 Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 9.1.1. Passenger vehicle 9.1.2. Commercial vehicle 9.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 9.2.1. Automotive Industry 9.2.2. Industrial Machine 9.2.3. Aerospace Industry 9.2.4. Others 10. North America Needle Roller Bearings Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 12. Canada Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 13. Mexico Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 14. Europe Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 15. Europe Needle Roller Bearings Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 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. Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 17. France Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 18. Germany Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 19. Italy Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 20. Spain Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 21. Sweden Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 22. CIS Countries Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 23. Rest of Europe Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 24. Asia Pacific Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 25. Asia Pacific Needle Roller Bearings Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 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 Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 27. India Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 28. Japan Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 29. South Korea Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 30. Australia Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 31. ASEAN Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 32. Rest of Asia Pacific Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 33. Middle East Africa Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 34. Middle East Africa Needle Roller Bearings Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 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 Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 36. GCC Countries Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 37. Egypt Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 38. Nigeria Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 39. Rest of ME&A Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 40. South America Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 41. South America Needle Roller Bearings Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 43. Argentina Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 44. Rest of South America Needle Roller Bearings Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Needle Roller Bearings Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications 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 Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 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 45.4. SKF 45.5. AST bearings 45.6. NTN Corporation 45.7. Schaeffler Group 45.8. Timken Company 45.9. NSK Ltd 45.10. Koyo Seiko 45.11. San Yun Industrial co. Ltd 45.12. LELI SRL 45.13. SNL Bearings Limited 45.14. Federal-Mogul 45.15. NACHI 45.16. NMB 45.17. Rexnord 45.18. ZWZ 45.19. C&U GROUP 46. Primary Key Insights

About This Report

Report ID103898
Category Engineering Equipment
Published DateMay 2021
Updated Date
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