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.
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.
According to this study, over the next five years the Tapered Roller Bearings market will register a 1.8% CAGR in terms of revenue, the global market size will reach USD 11700 million by 2024, from USD 10500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tapered Roller Bearings business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Tapered Roller Bearings market by product type, application, key manufacturers and key regions and countries.
This study considers the Tapered Roller Bearings value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Single-Row Tapered Roller Bearings
Double-Row Tapered Roller Bearings
Four-Row Tapered Roller Bearings
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Heavy Machinery
Aerospace
Medical
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Timken
SKF
NTN
Schaeffler
JTEKT
NSK
C&U Bearings
Nachi
ZWZ Group
RBC Bearings
NMB
TMB
LYC
HRB
ZXY
MCB
AST Bearings
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Tapered Roller Bearings consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Tapered Roller Bearings market by identifying its various subsegments.
Focuses on the key global Tapered Roller Bearings manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Tapered Roller Bearings with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Tapered Roller Bearings submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.