2018-2023 Global Tapered Roller Bearings Consumption Market Report
NxtGen Reports recently added a new market research report in its offerings titled, "2018-2023 Global Tapered Roller Bearings Consumption Market Report".
(EMAILWIRE.COM, October 22, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Tapered Roller Bearings market for 2018-2023.
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.
Over the next five years, this report projects that Tapered Roller Bearings will register a 1.8% CAGR in terms of revenue, reach US$ 11700 million by 2023, from US$ 10500 million in 2017.
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.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Single-Row Tapered Roller Bearings
Double-Row Tapered Roller Bearings
Four-Row Tapered Roller Bearings
Others
Segmentation by application:
Automotive
Heavy Machinery
Aerospace
Medical
This report also splits the market by region:
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:
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 2013 to 2017, and forecast to 2023.
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.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-tapered-roller-bearings
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
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.
Over the next five years, this report projects that Tapered Roller Bearings will register a 1.8% CAGR in terms of revenue, reach US$ 11700 million by 2023, from US$ 10500 million in 2017.
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.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Single-Row Tapered Roller Bearings
Double-Row Tapered Roller Bearings
Four-Row Tapered Roller Bearings
Others
Segmentation by application:
Automotive
Heavy Machinery
Aerospace
Medical
This report also splits the market by region:
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:
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 2013 to 2017, and forecast to 2023.
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.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-tapered-roller-bearings
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Contact Information:
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
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NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results