Lewes, DE -- (SBWire) -- 07/16/2018 --The worldwide market for Tapered Roller Bearings is expected to grow at a CAGR of roughly 1.8% over the next five years, will reach 11700 million US$ in 2023, from 10500 million US$ in 2017, according to a new study.
Tapered roller bearings are bearings that can take large axial forces as well as being able to sustain large radial forces. Tapered roller bearings (TRBs) utilize rolling elements that are shaped like a truncated cone, and are constructed so that all tapered surfaces converge at a common apex point on the bearing centerline to yield true rolling motion. Tapered roller bearings are generally used in lower speed, high load applications and are capable of absorbing radial and/or axial loads.
The internal angles may be designed to tailor the bearing to the loading demands of a specific application. Tapered roller bearings are a separable two-piece design (cup and cone) ; which, allows the end-use to optimize the internal clearance (and life) for each application when the bearing is mounted.
Scope of the Report:
This report focuses on the Tapered Roller Bearings in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Europe, Japan, USA and China are the major production bases of tapered roller bearings. Industry giants, concentrated mainly in Europe, USA and Japan, prefer to account for larger market share through increasing presentence around the world. Four industry giants, SKF, NTN, Timken, JTEKT, own about 33.84% production share currently. Global revenue of tapered roller bearings was about 10117 million USD in 2015, while Timken has a share of 12.98% in the market.
In the export market, China is one of the major exporters in the world. The export volume of tapered roller bearings keeps increasing fast in the past decade. USA is the largest export destination of China's tapered roller bearings. In 2012, USA determined to continue to slap antidumping duties against tapered roller bearings from China, which impacted the export market of China's tapered roller bearings in some extent.
The worldwide market for Tapered Roller Bearings is expected to grow at a CAGR of roughly 1.8% over the next five years, will reach 11700 million US$ in 2023, from 10500 million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers
Timken
SKF
NTN
Schaeffler
JTEKT
NSK
C&U Bearings
Nachi
ZWZ Group
RBC Bearings
NMB
TMB
LYC
HRB
ZXY
MCB
AST Bearings
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Single-Row Tapered Roller Bearings
Double-Row Tapered Roller Bearings
Four-Row Tapered Roller Bearings
Others
Market Segment by Applications, can be divided into
Automotive
Heavy Machinery
Aerospace
Medical
There are 15 Chapters to deeply display the global Tapered Roller Bearings market.
Chapter 1, to describe Tapered Roller Bearings Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Tapered Roller Bearings, with sales, revenue, and price of Tapered Roller Bearings, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Tapered Roller Bearings, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Tapered Roller Bearings market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Tapered Roller Bearings sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Spanning over 154 pages "Forecast of Global Tapered Roller Bearings Market 2023" report covers Market Overview, Manufacturers Profiles, Global Tapered Roller Bearings Market Competition, by Manufacturer, Global Tapered Roller Bearings Market Analysis by Regions, North America Tapered Roller Bearings by Countries, Type, Application and Manufacturers, Europe Tapered Roller Bearings by Countries, Type, Application and Manufacturers, Asia-Pacific Tapered Roller Bearings by Countries, Type, Application and Manufacturers, South America Tapered Roller Bearings by Countries, Type, Application and Manufacturers, Middle East and Africa Tapered Roller Bearings by Countries, Type, Application and Manufacturers, Global Tapered Roller Bearings Market Segment by Type, Global Tapered Roller Bearings Market Segment by Application, Tapered Roller Bearings Market Forecast (2018-2023), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.
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Global Tapered Roller Bearings Market Is Expected to Grow at a CAGR 1.8% and Reach 11.7 Billion USD in 2023, from 10.5 Billion USD in 2017
New Global Tapered Roller Bearings Market Report Covers market forecast and top Companies like Timken, SKF, NTN, Schaeffler, JTEKT and others.