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Bearings are used as a mechanical component to transfer the power and to move a certain part, and this is done by utilizing the small frictional force of the bearings, which makes them rotate easily (or move in one direction easily), all the while withstanding the force and weight load acting against them.
Scope of the Report:
There are quite a lot of types bearings are used for steel industry; in summary, three types, Cylindrical Roller Bearings, Spherical Roller bearings and Tapered Roller Bearings are the most common used types. Based on market value, Cylindrical Roller Bearings have the largest market share, about 35% in 2017.
At present, the manufactures of bearing for steel industry are concentrated in Europe, Japan, North America and China. China is the largest market of bearings for steel industry in the world, driven by the huge steel production capacity in China. The following areas are Europe and North America. The global leading players in this market are SKF, JTEKT, Schaeffler and NSK.
The market competition of bearings for steel industry is fierce; Investment and technology thresholds are relatively high. For companies that are interested in entering the industry, we suggest that we must do a good job of pre-investigating and fully analyze their advantages and disadvantages.
The worldwide market for Bearing for Steel is expected to grow at a CAGR of roughly 1.7% over the next five years, will reach 1950 million US$ in 2024, from 1760 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Bearing for Steel in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- SKF
- JTEKT
- Schaeffler
- NSK
- Timken
- NTN
- ZWZ
- NACHI
- C&U GROUP
- ZYS
Market Segment by Regions, regional analysis covers
- North America (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.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Cylindrical Roller Bearings
- Spherical Roller bearings
- Tapered Roller Bearings
- Others
Market Segment by Applications, can be divided into
- Steel Making Process
- Continuous Casting Process
- Rolling Mills Process
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bearing for Steel product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Bearing for Steel, with price, sales, revenue and global market share of Bearing for Steel in 2017 and 2018.
Chapter 3, the Bearing for Steel competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bearing for Steel breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Bearing for Steel market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Bearing for Steel sales channel, distributors, customers, research findings and conclusion, appendix and data source.