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BEARINGS

Global Market Trajectory & Analytics

MCP-2743

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

4264

Interactions with Platform & by Email *

INTERACTIONS

768

Unique # Participated *

PARTICIPANTS

128

Responses Validated *

VALIDATIONS

58

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  •  DATE

    JULY 2020

  •  TABLES

    183

  •  PAGES

    633

  •  EDITION

    19

  •  PRICE

    USD $5450


GLOBAL EXECUTIVE SURVEY

Impact of Pandemic & Economic Slowdown

Monitor Market Dynamics!
Early March 2020, we reached out to senior enterprise executives who are driving strategy, business development, marketing, sales, product management, technology and operations at competitive firms worldwide. Our ongoing survey is focused on how this will this affect their business ecosystems. We invite you to participate in our survey and add to collective perspectives. Market movements are tracked for 2020, 2021 and broadly for the period of 2022 through 2025. Critical changes are monitored dynamically for the rest of this year. Updated analytics will reflect new and evolving market realities. Our first update scheduled for May 2020 and another in the Fall. Clients receive complimentary updates during 2020. If your company is a recent client for this project, we may have already reached out to your colleagues to participate in our program. If you're an active player in the space but hasn't yet subscribed to our project, we invite you to participate and share your perspectives. Please sign-up here.

The global market for Bearings is projected to reach US$131. 8 billion by 2025, driven by their indispensable and ubiquitous importance in machines. Bearings enable rotational or linear movement; reduce friction between moving rotary components in various industrial products and mechanical components; in addition to supporting rotating parts for achieving desired motion; managing stress; and reducing energy consumption for machineries. The precision-made components enable machinery, operating at high speeds, to carry huge amounts of load efficiently and easily. Depending on the application, there are different principles on which these bearings are designed and run. Bearings mainly help decrease the impact of friction in moving parts, thereby reducing energy losses in the form of heat during the process. They reduce wear and tear between moving parts to a large extent, facilitating ease in power transmission. Attributes, such as safety, reliability, and longevity of most mechanical products are closely related to the accurate design and installation of bearings. Bearings are utilized by a broad range of industries, and are manufactured in different types and sizes. Application of bearings are enormous, ranging from unground bearings employed in roller skates to super precision bearings, utilized in aerospace machinery. The size range can be witnessed in extremely small bearings employed for computer drives and precision medical equipment, to extremely large bearings involved in mining and power generation applications.

Almost every load, vibration, and stress that influences a machine`s functioning should eventually be managed by the bearings. Bearings, therefore, become vital for proper functioning of the systems. The machine stops working if a bearing crashes. Additionally, as bearings face critical operating conditions, they serve as a critical point for sensing and evaluating the overall condition of machines. Efforts to improve offerings span from quality and cleanliness of raw materials used in steel plants and manufacturing techniques through to product packaging as well as logistics management to deter spurious products. While new designs and cage materials reduce heat generation and accelerate operations, the use of sophisticated designs extends overall lifespan of products. Manufacturers tightly control surface finish of internal components for extending service life of bearings. Recent advances also focus on addressing certain issues attributed to changes in operating conditions or requirements. Innovative options push existing capabilities of equipment under more severe operating conditions or address more stringent demands of end-use applications. New bearing materials including heat treatment and material chemistry overcome the negative impact of issues like hard particle contamination, inadequate lubrication conditions, water intrusion, hydrogen embrittlement and corrosion.
» Product (Roller Bearings, Ball Bearings, and Other Products) » Application (Automotive, Mining & Construction, Railway & Aerospace, Agriculture, Electrical, Other Applications)
» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Spain » Russia » Rest of Europe » Asia-Pacific » Australia » India » South Korea » Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » Rest of Latin America » Middle East » Africa

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