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

02 Jan, 2020 | 116 Pages
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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?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 3.9 % over the forecast period (2022-2027)



By Type



 




  • Radial Type Needle Roller Bearing

  • Thrust Type Needle Roller Bearing



By Application




  • Automotive

  • Industrial

  • Aerospace



By Companies



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



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



116



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



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.



Frequently Asked Questions



How do you conduct primary research interviews?





We use tools such as video conferences, telephone calls, face-to-face interviews, and questionnaires with key respondents.



What if the report I want is not listed in the repository of your reports?



Industry Data Analytics has a repository of reports on various industry verticals and not all of them have been listed on the website. Please contact our sales team with your requirements.



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



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL NEEDLE ROLLER BEARING MARKET BY TYPES

    3. GLOBAL NEEDLE ROLLER BEARING MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR NEEDLE ROLLER BEARING



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. NEEDLE ROLLER BEARING GROWTH

      2. APPLICATION OF NEEDLE ROLLER BEARING



    4. IMPACT OF COVID 19



  5. GLOBAL NEEDLE ROLLER BEARING MARKET BY TYPES

    1. INTRODUCTION

    2. RADIAL TYPE NEEDLE ROLLER BEARING

    3. THRUST TYPE NEEDLE ROLLER BEARING

    4.  OTHERS



  6. GLOBAL NEEDLE ROLLER BEARING MARKET BY APPLICATION

    1. INTRODUCTION

    2. AUTOMOTIVE

    3. INDUSTRIAL

    4. AEROSPACE

    5. OTHERS



  7. GLOBAL NEEDLE ROLLER BEARING MARKET BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS ACQUISITIONS JOINT VENTURES COLLABORATIONS

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. SCHAEFFLER

      2. NSK

      3. SKF

      4. JTEKT

      5.  IKO

      6. NTN

      7. TIMKEN

      8. C&U GROUP

      9. SUZHOU BEARING

      10. LYC

      11. RBC BEARINGS

      12. NANFANG BEARING

      13. ZWZ

      14. XIANGYANG AUTOMOBILE BEARING AND OTHERS.





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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