Needle Roller Bearing Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Schaeffler, NSK, SKF, JTEKT

Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Needle Roller Bearing Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.9% during the review period (2022 to 2027).

Needle Roller Bearing Market Overview

Needle roller bearings are thinner as compared with conventional or traditional roller bearings. These are cylindrical in shape that is small in diameter as compared with normal roller bearings. These are designed in such a way that it can deal with radial space constraints in heavy-load with high speed applications. The growth of the needle roller bearings market is growing with the increasing manufacturing of automobiles and heavy machineries, across the globe. Furthermore, needle roller bearings have the ability to withstand larger shafts and rigid in multiple application areas. These are the major features that are directly the growth of the market in multiple regions.

The needle roller bearings are generally used in industries like automotive, two cycle engine sectors, construction equipment and agricultural equipment. In these industries, they are commonly used in transmission, U joints, gear box applications, suspensions, torque converters and auxiliary equipment. As far as domestic appliances are concerned, they are used in pump clutches, idler pulleys, spindles, portable power tools, etc. The needle roller bearings are hugely benefiting the auto engine sector. Here the use of special needle roller bearings helps reduce friction at important points of contact. They also serve in certain car engine applications such as the rocker arm pivot position.

Who are the Major Players in Needle Roller Bearing Market?

Top Key players in the Needle Roller Bearing Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Needle Roller Bearing Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Schaeffler, NSK, SKF, JTEKT, IKO, NTN, Timken, C&U Group, Suzhou Bearing, LYC, RBC Bearings, Nanfang Bearing, ZWZ, Xiangyang Automobile Bearing and others.

Industry News and Updates:

March 20, 2018: NTN-SNR is launching a new expanded range of NTN needle roller bearings. They are made in Japan and cover 95 % of industry requirements in Europe. This range, which meets high demand from distributors, draws on the quality of NTN, market leader in Japan and number 2 worldwide in needle roller bearings for industry. On the occasion of this launch, a new logistics process has been implemented to guarantee optimal product availability and ever-shorter delivery lead times for European customers. NTN-SNR is establishing itself more than ever as a premium and major player on all its industrial markets in Europe with the development of its NTN needle roller bearing range.

What are the major Applications, Types and Regions for Needle Roller Bearing Market?

Needle Roller Bearing Market is segmented based on the type, applications, companies and regions.

By Type, Needle Roller Bearing Market has been segmented into 

• Radial Type Needle Roller Bearing


• Thrust Type Needle Roller Bearing

The end user’s industry application on Needle Roller Bearing Market are, 

• Automotive


• Industrial


• Aerospace


• Other

Needle Roller Bearing Market Regional Analysis

Due to the early adoption of novel manufacturing technologies in the automotive industry, the market in the Asia Pacific has developed and is likely to have the biggest market share. China is a developing country that is constantly seeking to improve its infrastructure via the employment of innovative and beneficial technology. Furthermore, due to the growing number of manufacturing organizations in the region, China is predicted to dominate the market with a significant market share.

Furthermore, the use of needle roller bearings in the manufacturing industry is growing the market in North America. In addition, because to its efficient and smooth features, the adoption of revolutionary roller bearings has increased in North America in recent years. Because of their low cost and excellent load-bearing capability, Latin American countries are always attempting to produce needle roller bearings.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Needle Roller Bearing Market report scope?

Key Takeaways from this Needle Roller Bearing Report

• Evaluate Needle Roller Bearing market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Needle Roller Bearing market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

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Who are the key players in Needle Roller Bearing Market?

Schaeffler, NSK, SKF, JTEKT, IKO, NTN, Timken, C&U Group, Suzhou Bearing, LYC, RBC Bearings, Nanfang Bearing, ZWZ, Xiangyang Automobile Bearing

What regions does this Needle Roller Bearing Market report cover?

North America (the 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.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Needle Roller Bearing Market?

Radial Type Needle Roller Bearing, Thrust Type Needle Roller Bearing, Others

What are the major end-use applications of the Needle Roller Bearing Market?

Automotive, Industrial, Aerospace Others

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