Global Bearing for Steel Market Growth 2023-2029

Global Bearing for Steel Market Growth 2023-2029

Product Code:449763

Published Date: Feb 08,2023

Pages: 102

Region: Global

Category: Machinery & Equipment

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Bearing steel is special steel featuring high wear resistance and rolling fatigue strength. High-carbon chromium bearing steel, engineering steel and some types of stainless steel and heat resistant steel are used as materials of bearings and for other purposes.

LPI (LP Information)' newest research report, the “Bearing for Steel Industry Forecast” looks at past sales and reviews total world Bearing for Steel sales in 2022, providing a comprehensive analysis by region and market sector of projected Bearing for Steel sales for 2023 through 2029. With Bearing for Steel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bearing for Steel industry.

This Insight Report provides a comprehensive analysis of the global Bearing for Steel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bearing for Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bearing for Steel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bearing for Steel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bearing for Steel.

The global Bearing for Steel market size is projected to grow from US$ 1846.7 million in 2022 to US$ 2117.1 million in 2029; it is expected to grow at a CAGR of 2117.1 from 2023 to 2029.

The top three companies, SKF, JTEKT and Schaeffler, have 35% of the market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Bearing for Steel market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Cylindrical Roller Bearings
    Spherical Roller bearings
    Tapered Roller Bearings
    Others

Segmentation by application
    Steel Making Process
    Continuous Casting Process
    Rolling Mills Process

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
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    SKF
    JTEKT
    Schaeffler
    NSK
    Timken
    NTN
    ZWZ
    NACHI
    C&U GROUP
    ZYS

Key Questions Addressed in this Report
What is the 10-year outlook for the global Bearing for Steel market?
What factors are driving Bearing for Steel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bearing for Steel market opportunities vary by end market size?
How does Bearing for Steel break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?