Ball and Roller Bearings Market
Ball and Roller Bearings Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Ball and Roller Bearings Market Size and Growth
The global Ball and Roller Bearings market is projected to reach a value of $49.5 billion by 2025, with a CAGR of 5.2% from 2020 to 2025. Factors such as increasing demand in the automotive and industrial sectors, along with technological advancements, are driving market growth. Asia-Pacific leads the market in terms of revenue. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ NTN
◍ NSK
◍ SKF
◍ Schaeffler
◍ ILJIN
◍ JTEKT
◍ Timken
◍ FKG
◍ Wanxiang
◍ NTP
◍ ZXY
◍ Harbin Bearing
◍ NRB
The competitive landscape of the Ball and Roller Bearings Market includes key players such as NTN, NSK, SKF, Schaeffler, ILJIN, JTEKT, Timken, FKG, Wanxiang, NTP, ZXY, and Harbin Bearing. These companies manufacture and supply bearings for various industries like automotive, aerospace, and industrial applications, thereby contributing to the growth of the market.
- NTN reported sales revenue of $6.8 billion in 2020
- NSK reported sales revenue of $9.5 billion in 2020
- SKF reported sales revenue of $8.5 billion in 2020
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Market Segmentation
By Application
Automotive
Mining & Construction
Railway & Aerospace
Others
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By Product
Ball Bearings
Roller Bearings
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Market Growth
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$ X Billion USD
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