Table of Content

1 INTRODUCTION 26
1.1 OBJECTIVES OF THE STUDY 26
1.2 MARKET DEFINITION 26
1.2.1 END-USE INDUSTRIES & SUBCATEGORIES 27
1.2.2 INCLUSIONS & EXCLUSIONS 29
TABLE 1 INCLUSIONS & EXCLUSIONS IN MOUNTED BEARING MARKET 29
1.3 MARKET SCOPE 30
1.3.1 MARKETS COVERED 30
FIGURE 1 MOUNTED BEARING MARKET: MARKET COVERED 30
1.3.2 YEARS CONSIDERED FOR THE STUDY 31
1.4 CURRENCY EXCHANGE RATES (W.R.T. USD) 31
1.5 MAJOR LIMITATIONS OF THE STUDY 32
1.6 STAKEHOLDERS 32

2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
FIGURE 2 MOUNTED BEARING MARKET: RESEARCH DESIGN 33
FIGURE 3 RESEARCH DESIGN MODEL 34
2.1.1 SECONDARY DATA 34
2.1.1.1 key secondary sources for base numbers 35
2.1.1.2 key data from secondary sources 36
2.1.2 PRIMARY DATA 36
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 37
2.1.3 SAMPLING TECHNIQUES & DATA COLLECTION METHODS 37
2.1.4 PRIMARY PARTICIPANTS 37
2.2 MARKET SIZE ESTIMATION 38
FIGURE 5 DATA TRIANGULATION APPROACH 38
2.2.1 TOP-DOWN APPROACH 38
FIGURE 6 MARKET SIZE ESTIMATION: MOUNTED BEARING MARKET 39
FIGURE 7 TOP-DOWN APPROACH: MOUNTED BEARING MARKET 39
2.3 MARKET BREAKDOWN 40
2.4 ASSUMPTIONS 41
FIGURE 8 GENERAL ASSUMPTIONS 41
FIGURE 9 MOUNTED BEARING MARKET: SPECIFIC ASSUMPTIONS 42
2.5 RISK ASSESSMENT & RANGES 42
TABLE 2 RISK ASSESSMENT & RANGES 42
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3 EXECUTIVE SUMMARY 43
FIGURE 10 MOUNTED BEARING MARKET: MARKET OVERVIEW 44
FIGURE 11 MOUNTED BEARING MARKET DYNAMICS 44
FIGURE 12 ASIA OCEANIA ESTIMATED TO BE LARGEST MARKET FOR MOUNTED BEARINGS IN 2020 45
FIGURE 13 ROLLER BEARINGS SEGMENT ESTIMATED TO DOMINATE MOUNTED BEARING MARKET IN 2020 45
FIGURE 14 CONVEYORS SEGMENT PROJECTED TO HOLD LARGEST SHARE BY 2025 46
FIGURE 15 FOOD & BEVERAGE TO BE LARGEST END-USE INDUSTRY OF MOUNTED BEARINGS BY 2025 46

4 PREMIUM INSIGHTS 47
4.1 ATTRACTIVE OPPORTUNITIES IN MOUNTED BEARING MARKET 47
FIGURE 16 INCREASING APPLICATIONS OF MOUNTED BEARINGS ACROSS INDUSTRIES TO DRIVE MARKET GROWTH 47
4.2 MOUNTED BEARING MARKET, BY COUNTRY 47
FIGURE 17 INDIA PROJECTED TO BE FASTEST-GROWING MOUNTED BEARING COUNTRY MARKET DURING FORECAST PERIOD 47
4.3 ASIA OCEANIA MOUNTED BEARING MARKET, BY END-USE INDUSTRY & COUNTRY 48
FIGURE 18 FOOD & BEVERAGE AND CHINA PROJECTED TO ACCOUNT FOR LARGEST SHARE OF ASIA OCEANIA MOUNTED BEARING MARKET IN 2020 48
4.4 MOUNTED BEARING MARKET, BY PRODUCT TYPE 48
FIGURE 19 BALL BEARINGS SEGMENT PROJECTED TO GROW FASTER DURING FORECAST PERIOD 48
4.5 MOUNTED BEARING MARKET, BY EQUIPMENT TYPE 49
FIGURE 20 CONVEYORS SEGMENT ESTIMATED TO DOMINATE, BY EQUIPMENT TYPE 49

5 MARKET OVERVIEW 50
5.1 INTRODUCTION 50
5.2 MARKET DYNAMICS 50
FIGURE 21 MOUNTED BEARING MARKET DYNAMICS 50
5.2.1 DRIVERS 51
5.2.1.1 Adoption of mounted bearings in major industries 51
5.2.1.2 Increased efficiency and long life with less maintenance requirements 51
5.2.2 RESTRAINTS 52
5.2.2.1 Availability of counterfeit products 52
5.2.3 OPPORTUNITIES 52
5.2.3.1 Growing demand for specialized bearings for cost optimization 52
5.2.3.2 Increasing development and adoption of sensor-based bearing units and IoT 53
5.2.4 CHALLENGES 53
5.2.4.1 Increasing reliability and contamination issues 53
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5.3 MOUNTED BEARING MARKET, SCENARIOS (2020–2025) 54
5.3.1 MOUNTED BEARING MARKET, MOST LIKELY SCENARIO 54
TABLE 3 MOUNTED BEARING MARKET (MOST LIKELY), BY REGION,
2020–2025 (USD MILLION) 54
5.3.2 MOUNTED BEARING MARKET, OPTIMISTIC SCENARIO 54
TABLE 4 MOUNTED BEARING MARKET (OPTIMISTIC), BY REGION, 2020–2028 (UNITS) 54
5.3.3 MOUNTED BEARING MARKET, PESSIMISTIC SCENARIO 54
TABLE 5 MOUNTED BEARING MARKET (PESSIMISTIC), BY REGION,
2020–2028 (UNITS) 54
5.4 INTRODUCTION TO COVID-19 55
5.5 COVID-19 HEALTH ASSESSMENT 55
FIGURE 22 COVID-19: THE GLOBAL PROPAGATION 55
FIGURE 23 COVID-19 PROPAGATION: SELECT COUNTRIES 56
5.6 COVID-19 ECONOMIC ASSESSMENT 57
FIGURE 24 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 57
5.6.1 COVID-19 ECONOMIC IMPACT?SCENARIO ASSESSMENT 58
FIGURE 25 CRITERIA IMPACTING THE GLOBAL ECONOMY 58
FIGURE 26 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY 59
5.6.2 IMPACT ON GLOBAL MOUNTED BEARING MARKET 60

6 INDUSTRY TRENDS 61
6.1 TECHNOLOGY OVERVIEW 61
6.1.1 INTRODUCTION 61
6.1.2 SMART SENSOR MOUNTED BEARINGS 61
FIGURE 27 SMART SENSOR MOUNTED BEARINGS 62
6.1.3 CONNECTED MOUNTED BEARINGS 62
6.1.4 SUB-MICRON COATING, POLYMER COATED AND ENGINEERED PLASTIC BEARINGS 62
6.1.5 FOOD GRADE MOUNTED BEARINGS 63
FIGURE 28 FOOD LINE BALL BEARING UNITS 63
6.1.6 KEY TRENDS IN THE MOUNTED BEARING MARKET 64
6.1.6.1 Self-aligning bearing unit 64
FIGURE 29 SELF-ALIGNING PEDESTAL AND FLANGE BEARING HOUSING 64
6.1.6.2 Non-metallic mounted bearings 64
6.1.6.3 Ceramic bearings 65
6.1.6.4 Self-Lubricating mounted bearings 65
FIGURE 30 SELF-LUBRICATING CARTRIDGES 65
FIGURE 31 SELF-LUBRICATING ASSEMBLY 66
6.1.7 INSIGHTS ON MATERIALS USED FOR MANUFACTURING BEARING HOUSING 66
6.2 PATENT ANALYSIS 67
6.2.1 SEALED BEARING MODULE 67
6.2.2 SPACER AND SENSOR MODULE TO DETECT VIBRATIONAL BEHAVIOR OF MECHANICAL COMPONENTS 67
6.2.3 TAPERED ROLLER BEARING WITH PRESSURIZED RIB RING 68
6.3 CASE STUDY ANALYSIS 68
6.4 KEY MARKETS FOR EXPORT/IMPORT OF ROLLER OR BALL BEARINGS 70
6.4.1 IMPORTERS OF ROLLER OR BALL BEARINGS, 2019 70
6.4.2 EXPORTERS OF ROLLER OR BALL BEARINGS, 2019 71
6.5 VALUE CHAIN ANALYSIS 71
FIGURE 32 VALUE CHAIN ANALYSIS OF MOUNTED BEARING MARKET 71
6.5.1 PLANNING AND REVISING FUNDS 72
6.5.2 MOUNTED BEARING SUPPLIERS 72
6.5.3 MOUNTED BEARING DEVELOPMENT 72
6.5.4 OEMS/DISTRIBUTORS 72
6.6 PORTER’S FIVE FORCES 72

7 MOUNTED BEARING MARKET, BY PRODUCT TYPE 73
7.1 INTRODUCTION 74
FIGURE 33 TYPES OF BEARINGS 75
TABLE 6 TYPES AND STRUCTURE OF BEARINGS MANUFACTURED BY SKF 75
FIGURE 34 TYPES OF LOAD ON BEARINGS 76
7.1.1 RESEARCH METHODOLOGY 77
FIGURE 35 RESEARCH METHODOLOGY 77
FIGURE 36 MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020 VS. 2025 (USD MILLION) 77
TABLE 7 MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2018–2025 (USD MILLION) 77
7.2 OPERATIONAL DATA 78
TABLE 8 TYPES OF BEARINGS: PERFORMANCE COMPARISON 78
7.3 BALL BEARINGS 78
7.3.1 VERSATILITY AND COST-EFFECTIVENESS OF BALL BEARINGS DRIVE DEMAND 79
TABLE 9 MOUNTED BALL BEARINGS MARKET, BY REGION,
2018–2025 (USD MILLION) 79
7.4 ROLLER BEARINGS 80
FIGURE 37 ROLLER MOUNTED BEARING MARKET, BY TYPE,
2020 VS. 2025 (USD MILLION) 80
7.4.1 DEMAND FROM HEAVY INDUSTRIES FOR HEAVY RADIAL AND AXIAL LOADS FUELS ROLLER BEARINGS SEGMENT GROWTH 80
TABLE 10 MOUNTED ROLLER BEARINGS MARKET, BY REGION,
2018–2025 (USD MILLION) 80
TABLE 11 MOUNTED ROLLER BEARINGS MARKET, BY TYPE, 2018–2025 (USD MILLION) 80
7.4.2 TAPERED ROLLER BEARINGS 81
7.4.3 SPHERICAL ROLLER BEARINGS 81
7.4.4 CYLINDRICAL ROLLER BEARINGS 81
7.4.5 OTHERS 82
7.5 MARKET LEADERS 82
TABLE 12 RECENT DEVELOPMENTS, BY PRODUCT TYPE 82
7.6 KEY PRIMARY INSIGHTS 82
8 MOUNTED BEARINGS MARKET, BY EQUIPMENT TYPE 83
8.1 INTRODUCTION 84
FIGURE 38 MOUNTED BEARING MARKET, BY EQUIPMENT TYPE,
2020 VS. 2025 (USD MILLION) 85
TABLE 13 MOUNTED BEARINGS MARKET, BY EQUIPMENT TYPE,
2018–2025 (USD MILLION) 85
8.1.1 RESEARCH METHODOLOGY 86
8.2 OPERATIONAL DATA 86
TABLE 14 MOUNTED BEARINGS USED IN MIXER DRIVE SYSTEMS 86
TABLE 15 INDUSTRY VS. EQUIPMENT MATRIX 87
8.3 BALL MILL DRIVES 87
8.3.1 USE OF BALL MILL DRIVES IN MATERIAL HANDLING DRIVES DEMAND FOR MOUNTED BEARINGS 87
TABLE 16 BALL MILL DRIVES: MOUNTED BEARING MARKET, BY REGION,
2018–2025 (USD MILLION) 88
8.4 FANS & BLOWERS 88
8.4.1 USE OF FANS & BLOWERS IN AIR HANDLING WILL BOOST DEMAND FOR MOUNTED BEARINGS 88
TABLE 17 FANS & BLOWERS: MOUNTED BEARING MARKET, BY REGION,
2018–2025 (USD MILLION) 88
8.5 GEARBOX & TRANSMISSION 89
8.5.1 NEED TO IMPROVE SPEED & TORQUE OF MACHINES DRIVES DEMAND IN GEARBOX & TRANSMISSION SEGMENT 89
TABLE 18 GEARBOX & TRANSMISSION: MOUNTED BEARING MARKET, BY REGION, 2018–2025 (USD MILLION) 89
8.6 CONVEYORS 90
8.6.1 DEMAND FOR SMOOTH MATERIAL HANDLING ACROSS INDUSTRIES DRIVES MARKET IN CONVEYORS SEGMENT 90
TABLE 19 CONVEYORS: MOUNTED BEARING MARKET, BY REGION,
2018–2025 (USD MILLION) 90
8.7 CRUSHERS 91
8.7.1 HEAVY LOAD COMPRESSING OF MATERIALS IN CONSTRUCTION FUELS CRUSHERS SEGMENT 91
TABLE 20 CRUSHERS: MOUNTED BEARING MARKET, BY REGION,
2018–2025 (USD MILLION) 91
8.8 MIXER DRIVES 91
8.8.1 NEED FOR MIXER DRIVES IN PROCESSING INDUSTRIES WILL ENHANCE MARKET GROWTH 91
TABLE 21 MIXER DRIVES: MOUNTED BEARING MARKET, BY REGION,
2018–2025 (USD MILLION) 92
8.9 OTHERS 92
8.9.1 GROWING DEMAND FOR CRANES AND ELEVATORS TO DRIVE OTHER EQUIPMENT MARKET 92
TABLE 22 OTHER EQUIPMENT: MOUNTED BEARING MARKET, BY REGION,
2018–2025 (USD MILLION) 92
8.10 MARKET LEADERS 93
TABLE 23 RECENT DEVELOPMENTS, BY EQUIPMENT TYPE 93
8.11 KEY PRIMARY INSIGHTS 93
FIGURE 39 KEY PRIMARY INSIGHTS 93

9 MOUNTED BEARING MARKET, BY MARKET CHANNEL 94
9.1 INTRODUCTION 95
9.1.1 RESEARCH METHODOLOGY 95
FIGURE 40 RESEARCH METHODOLOGY 95
FIGURE 41 MOUNTED BEARING MARKET, BY MARKET CHANNEL,
2020 VS. 2025 (USD MILLION) 96
TABLE 24 MOUNTED BEARING MARKET, BY MARKET CHANNEL,
2018–2025 (USD MILLION) 96
9.2 OE MARKET 96
9.2.1 HIGH-VOLUME ORDERS ARE KEY TO GROWTH OF THE OE MARKET 97
TABLE 25 MOUNTED BEARING OE MARKET, BY REGION, 2018–2025 (USD MILLION) 97
9.3 AFTERMARKET 97
9.3.1 GROWING DEALER AND DISTRIBUTOR NETWORK MAY DRIVE AFTERMARKET SEGMENT 98
TABLE 26 MOUNTED BEARING AFTERMARKET, BY REGION, 2018–2025 (USD MILLION) 98
9.4 KEY PRIMARY INSIGHTS 98

10 MOUNTED BEARING MARKET, BY END-USE INDUSTRY 99
10.1 INTRODUCTION 100
FIGURE 42 MOUNTED BEARING MARKET, BY END-USE INDUSTRY,
2020 VS. 2025 (USD MILLION) 100
TABLE 27 MOUNTED BEARING MARKET, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 101
10.1.1 RESEARCH METHODOLOGY 101
FIGURE 43 RESEARCH METHODOLOGY 101
10.2 AGRICULTURE, FARMING, AND FISHERY 102
FIGURE 44 AGRICULTURAL PRODUCTION, BY COUNTRY, 2019 (MILLION METRIC TONNES) 102
10.2.1 GROWING ADOPTION OF MACHINERY IN FARMING AND AGRICULTURE BOOSTS MOUNTED BEARING MARKET 103
TABLE 28 AGRICULTURE, FARMING, AND FISHERY: MOUNTED BEARING MARKET,
BY REGION, 2018–2025 (USD MILLION) 103
10.3 AUTOMOTIVE 103
10.3.1 GROWING PART AND COMPONENT MANUFACTURING IN AUTOMOTIVE INDUSTRY DRIVES MARKET 104
TABLE 29 AUTOMOTIVE: MOUNTED BEARING MARKET, BY REGION,
2018–2025 (USD MILLION) 104
10.4 CHEMICAL & PHARMACEUTICAL 104
FIGURE 45 SALES OF CHEMICALS, BY REGION, 2018 (USD BILLION) 105
10.4.1 ASIA OCEANIA ESTIMATED TO LEAD MOUNTED BEARING MARKET IN CHEMICAL & PHARMACEUTICAL INDUSTRY 105
TABLE 30 CHEMICAL & PHARMACEUTICAL: MOUNTED BEARING MARKET, BY REGION, 2018–2025 (USD MILLION) 105
10.5 CONSTRUCTION & MINING 105
TABLE 31 TOP 10 COMPANIES IN MINING INDUSTRY 106
FIGURE 46 GOLD PRODUCTION IN 2018, BY COUNTRY (TONNES) 106
FIGURE 47 MINING PRODUCTION IN 2018, BY COUNTRY (MILLION METRIC TONNES) 107
FIGURE 48 CONSTRUCTION/MINING EQUIPMENT PRODUCTION (?000 UNITS) 107
10.5.1 GROWTH IN CONSTRUCTION & MINING FAVORABLE FOR MOUNTED BEARING MARKET 107
TABLE 32 CONSTRUCTION & MINING: MOUNTED BEARING MARKET, BY REGION, 2018–2025 (USD MILLION) 107
10.6 ENERGY 108
FIGURE 49 OIL PRODUCTION, BY REGION, 2019 (TWH) 108
10.6.1 ENERGY SEGMENT GROWTH IN NORTH AMERICA AND MIDDLE EAST & AFRICA BOOSTS DEMAND FOR MOUNTED BEARINGS 109
TABLE 33 ENERGY: MOUNTED BEARING MARKET, BY REGION,
2018–2025 (USD MILLION) 109
10.7 FOOD & BEVERAGE 109
10.7.1 ADOPTION OF AUTOMATION EQUIPMENT IN FOOD & BEVERAGE INDUSTRY FUELS MARKET GROWTH 110
TABLE 34 FOOD & BEVERAGE: MOUNTED BEARING MARKET, BY REGION,
2018–2025 (USD MILLION) 110
10.8 GENERAL INDUSTRIAL & MACHINERY 110
10.8.1 SEGMENT GROWTH DRIVEN BY INCREASING DEMAND FOR MACHINERY AND TOOLS FOR PRODUCT MANUFACTURING 110
TABLE 35 GENERAL INDUSTRIAL & MACHINERY: MOUNTED BEARING MARKET,
BY REGION, 2018–2025 (USD MILLION) 110
10.9 OTHER TRANSPORTATION 111
10.9.1 MARINE INDUSTRY TO DOMINATE OTHER TRANSPORTATION SEGMENT 111
TABLE 36 OTHER TRANSPORTATION: MOUNTED BEARING MARKET, BY REGION,
2018–2025 (USD MILLION) 111
TABLE 37 OTHER TRANSPORTATION: MOUNTED BEARING MARKET, BY TYPE,
2018–2025 (USD MILLION) 111
10.9.2 AEROSPACE 112
TABLE 38 MATERIALS USED TO MANUFACTURE AEROSPACE BEARINGS 112
TABLE 39 COMPARATIVE MAPPING OF TECHNOLOGICAL TRENDS AND BEARING PROPERTIES IN AEROSPACE 113
10.9.3 MARINE 113
10.9.4 RAILWAY 113
10.10 PULP & PAPER 114
FIGURE 50 PULP PRODUCTION, 2018 VS. 2019 (’000 TONNES) 114
10.10.1 NORTH AMERICA TO BE LARGEST MARKET FOR MOUNTED BEARINGS IN PULP & PAPER SEGMENT 114
TABLE 40 PULP & PAPER: MOUNTED BEARING MARKET, BY REGION,
2018–2025 (USD MILLION) 114
10.11 OTHERS 115
10.11.1 ASIA OCEANIA PROJECTED TO LEAD OTHERS SEGMENT BY 2025 115
TABLE 41 OTHER END-USE INDUSTRIES: MOUNTED BEARING MARKET, BY REGION, 2018–2025 (USD MILLION) 115
10.12 MARKET LEADERS 115
TABLE 42 RECENT DEVELOPMENTS, BY END-USE INDUSTRY 115
10.13 KEY PRIMARY INSIGHTS 116

11 MOUNTED BEARING MARKET, BY HOUSING TYPE 117
11.1 INTRODUCTION 118
FIGURE 51 SECTIONAL VIEW OF CAST IRON PLUMMER AND FLANGED HOUSING 118
FIGURE 52 SECTIONAL VIEW OF STEEL SHEET PLUMMER AND FLANGED HOUSING 119
11.1.1 RESEARCH METHODOLOGY 119
FIGURE 53 RESEARCH METHODOLOGY 119
FIGURE 54 MOUNTED BEARING MARKET, BY HOUSING TYPE,
2020 VS. 2025 (USD MILLION) 120
11.1.2 PLUMMER BLOCK SEGMENT HOLDS THE LARGEST MARKET SHARE 120
TABLE 43 MOUNTED BEARING MARKET, BY HOUSING TYPE,
2018–2025 (USD MILLION) 120
11.2 PLUMMER BLOCK 120
11.3 FLANGED BLOCK 121
11.4 TAKE-UP BLOCK 121
11.5 OTHERS 121
11.6 MARKET LEADERS 121
11.7 KEY PRIMARY INSIGHTS 121

12 MOUNTED BEARING MARKET, BY HOUSING MATERIAL 122
12.1 INTRODUCTION 122
12.2 CAST STEEL 122
12.3 STAINLESS STEEL 122
TABLE 44 CHEMICAL COMPOSITION OF STAINLESS-STEEL ALLOY 123
12.4 CAST IRON 123
12.5 COMPOSITES 123
TABLE 45 CHEMICAL RESISTANCE RATINGS OF POLYPROPYLENE 124
12.6 OTHERS 124
TABLE 46 ANTI-CORROSION CAPABILITY OF DIFFERENT HOUSED MATERIALS 124

13 MOUNTED BEARING MARKET, BY REGION 125
13.1 INTRODUCTION 126
FIGURE 55 MOUNTED BEARING MARKET, BY REGION, 2020 VS. 2025 (USD MILLION) 126
TABLE 47 MOUNTED BEARING MARKET, BY REGION, 2018–2025 (USD MILLION) 127
13.2 ASIA OCEANIA 127
FIGURE 56 ASIA OCEANIA: MOUNTED BEARING MARKET SNAPSHOT 128
TABLE 48 ASIA OCEANIA: MOUNTED BEARING MARKET, BY COUNTRY,
2020–2025 (USD MILLION) 128
13.2.1 ASIA OCEANIA: COVID-19 IMPACT 129
13.2.2 CHINA 129
FIGURE 57 VALUE ADDED BY MANUFACTURING INDUSTRY IN CHINA (USD TRILLION) 129
13.2.2.1 Government initiatives to boost market growth in China 130
TABLE 49 CHINA: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 130
13.2.3 INDIA 130
TABLE 50 GVA ESTIMATES AT BASIC PRICES IN Q1 (APRIL-JUNE) OF 2020-2021
(AT 2011-2012 PRICE) 131
FIGURE 58 INDIA: CONSUMPTION OF FINISHED STEEL 131
FIGURE 59 INDIA: PER CAPITA CONSUMPTION OF STEEL 132
FIGURE 60 INDIA: PRODUCTION PERFORMANCE OF 8 CORE INDUSTRIES 132
13.2.3.1 Growing FDI to drive Indian mounted bearing market 132
TABLE 51 INDIA: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 132
13.2.4 JAPAN 133
FIGURE 61 JAPAN: ROLLER BEARINGS PRODUCTION 133
13.2.4.1 Presence of leading players key to growth of market in Japan 134
TABLE 52 JAPAN: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 134
13.2.5 SOUTH KOREA 134
FIGURE 62 SOUTH KOREA: CONTRIBUTION OF MANUFACTURING INDUSTRY TO GDP 134
13.2.5.1 Increasing focus on renewable energy sources spurs demand for mounted bearings in South Korea 135
TABLE 53 SOUTH KOREA: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 135
13.2.6 AUSTRALIA 135
13.2.6.1 Food & beverage and mining industries significant influencers of mounted bearing market in Australia 135
TABLE 54 AUSTRALIA: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 135
13.2.7 REST OF ASIA OCEANIA 136
FIGURE 63 THAILAND: ECONOMIC STRUCTURE (2019) 136
13.2.7.1 Growth of manufacturing industry in South East Asian countries boosts market growth 136
TABLE 55 REST OF ASIA OCEANIA: MOUNTED BEARING MARKET, BY PRODUCT TYPE, 2020–2025 (USD MILLION) 136
13.3 EUROPE 137
FIGURE 64 EUROPE: MOUNTED BEARING MARKET SNAPSHOT 137
TABLE 56 EUROPE: MOUNTED BEARING MARKET, BY COUNTRY,
2020–2025 (USD MILLION) 138
13.3.1 EUROPE: COVID-19 IMPACT 138
13.3.2 GERMANY 138
FIGURE 65 GERMANY: GROSS VALUE ADDED BY SELECTED INDUSTRIES
(Q1 2019 – Q2 2020) 139
13.3.2.1 Growth of automotive sector in Germany results in growth of mounted bearing market 139
TABLE 57 GERMANY: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 139
13.3.3 FRANCE 140
FIGURE 66 FRANCE: MANUFACTURING INDUSTRY, VALUE ADDED (% OF GDP) 140
13.3.3.1 Government investments in aerospace sector to affect market positively in France 140
TABLE 58 FRANCE: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 140
13.3.4 ITALY 141
FIGURE 67 ITALY: MACHINERY AND EQUIPMENT PRODUCTION VALUE 141
13.3.4.1 Growth in agriculture, food & beverage, and tobacco industries promotes growth in Italian market 141
TABLE 59 ITALY: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 141
13.3.5 RUSSIA 142
13.3.5.1 Key demand for mounted bearings in Russia witnessed from mining and energy industries 142
TABLE 60 RUSSIA: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 142
13.3.6 UK 143
FIGURE 68 UK: PRODUCT SALES, 2015-2019 (BILLION POUND) 143
13.3.6.1 Food processing, automotive, and fabricated metal sectors spark growth of UK market 143
TABLE 61 UK: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 143
13.3.7 REST OF EUROPE 144
13.3.7.1 Iron & steel, textile, chemical, and automotive sectors dominate demand for mounted bearings in Rest of Europe 144
TABLE 62 REST OF EUROPE: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 144
13.4 NORTH AMERICA 144
TABLE 63 NORTH AMERICA: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 144
13.4.1 NORTH AMERICA: COVID-19 IMPACT 145
13.4.2 CANADA 145
13.4.2.1 Energy industry in Canada vital to growth of mounted bearing market 145
TABLE 64 CANADA: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 145
13.4.3 MEXICO 146
13.4.3.1 USMCA agreement to help drive growth of mounted bearing market in Mexico 146
TABLE 65 MEXICO: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 146
13.4.4 US 146
13.4.4.1 US estimated to be largest market in North American 146
TABLE 66 US: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 146
13.5 LATIN AMERICA 147
TABLE 67 LATIN AMERICA: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 147
13.5.1 BRAZIL 147
13.5.1.1 Growth of manufacturing industry to result in growth of market in Latin America 148
TABLE 68 BRAZIL: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 148
13.5.2 ARGENTINA 148
13.5.2.1 Argentina may offer opportunities for mounted bearings in manufacturing subsectors 148
TABLE 69 ARGENTINA: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 148
13.5.3 REST OF LATIN AMERICA 149
13.5.3.1 Localized production of machinery could boost market in Rest of Latin America 149
TABLE 70 REST OF LATIN AMERICA: MOUNTED BEARING MARKET, BY PRODUCT TYPE, 2020–2025 (USD MILLION) 149
13.6 MIDDLE EAST & AFRICA 149
TABLE 71 MIDDLE EAST & AFRICA: MOUNTED BEARING MARKET, BY PRODUCT TYPE, 2020–2025 (USD MILLION) 149
13.6.1 IRAN 150
13.6.1.1 Investments in industries to counter US sanctions could benefit market in Iran 150
TABLE 72 IRAN: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 150
13.6.2 SOUTH AFRICA 150
13.6.2.1 Increasing FDI will have positive impact on market in South Africa 150
TABLE 73 SOUTH AFRICA: MOUNTED BEARING MARKET, BY PRODUCT TYPE,
2020–2025 (USD MILLION) 150
13.6.3 REST OF MIDDLE EAST & AFRICA 151
13.6.3.1 Recommencement of construction post 2020 to boost market growth in Rest of Middle East & Africa 151
TABLE 74 REST OF MIDDLE EAST & AFRICA: MOUNTED BEARING MARKET, BY PRODUCT TYPE, 2020–2025 (USD MILLION) 151

14 COMPETITIVE LANDSCAPE 152
14.1 OVERVIEW 152
FIGURE 69 KEY DEVELOPMENTS BY LEADING PLAYERS IN THE MOUNTED BEARING MARKET 152
14.2 MARKET RANKING ANALYSIS 153
14.3 MARKET EVALUATION FRAMEWORK 154
FIGURE 70 MARKET EVALUATION FRAMEWORK 154
14.4 MARKET SHARE ANALYSIS, 2019 154
FIGURE 71 MOUNTED BEARING MARKET SHARE ANALYSIS, 2019 155
14.5 MARKET EVALUATION FRAMEWORK - REVENUE ANALYSIS OF TOP 5 PLAYERS 155
FIGURE 72 TOP 5 PLAYERS DOMINATED MARKET IN LAST 3 YEARS 155
14.6 COMPETITIVE LEADERSHIP MAPPING 156
14.6.1 STAR 156
14.6.2 EMERGING LEADERS 156
14.6.3 PERVASIVE 156
14.6.4 PARTICIPANTS 156
FIGURE 73 MOUNTED BEARING MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020 157
14.7 STRENGTH OF PRODUCT PORTFOLIO 158
FIGURE 74 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN MOUNTED BEARING MARKET 158
14.8 BUSINESS STRATEGY EXCELLENCE 159
FIGURE 75 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN MOUNTED BEARING MARKET 159
14.9 WINNERS VS. TAILENDERS 160
14.10 COMPETITIVE SCENARIO 160
14.10.1 NEW PRODUCT DEVELOPMENT 160
TABLE 75 NEW PRODUCT DEVELOPMENT, 2017–2020 160
14.10.2 ACQUISITIONS, 2017-2020 162
TABLE 76 ACQUISITIONS, 2017-2020 162
14.10.3 EXPANSIONS, 2017-2020 162
TABLE 77 EXPANSIONS, 2017-2020 162

15 COMPANY PROFILES 163
(Overview, Products and Services Offered, Recent Developments, and SWOT Analysis)*
15.1 ABB 163
FIGURE 76 ABB: COMPANY SNAPSHOT 163
TABLE 78 ABB: NEW PRODUCT DEVELOPMENTS 165
FIGURE 77 ABB: SWOT ANALYSIS 166
15.2 SKF 167
FIGURE 78 SKF: COMPANY SNAPSHOT 168
FIGURE 79 REVENUE GENERATION THROUGH INDUSTRIAL BUSINESS SEGMENT 168
FIGURE 80 SKF: MAJOR CAPACITY EXPANSIONS 169
TABLE 79 SKF: MAJOR REGIONAL ACTIVITIES, 2019 169
TABLE 80 SKF: NEW PRODUCT DEVELOPMENTS/EXPANSIONS 171
FIGURE 81 SKF: SWOT ANALYSIS 172
15.3 THE TIMKEN COMPANY 174
FIGURE 82 THE TIMKEN COMPANY: COMPANY SNAPSHOT 174
FIGURE 83 REVENUE GENERATION OF THE TIMKEN COMPANY, BY BUSINESS SEGMENT 175
TABLE 81 PRODUCTS & SERVICES OFFERED 175
TABLE 82 THE TIMKEN COMPANY: NEW PRODUCT DEVELOPMENT 176
FIGURE 84 THE TIMKEN COMPANY: SWOT ANALYSIS 177
15.4 NSK LTD. 178
FIGURE 85 NSK LTD.: COMPANY SNAPSHOT 178
TABLE 83 NSK LTD.: PRODUCTS OFFERED 179
TABLE 84 NSK LTD.: NEW PRODUCT DEVELOPMENTS AND EXPANSIONS 179
FIGURE 86 NSK LTD.: SWOT ANALYSIS 180
15.5 SCHAEFFLER AG 181
FIGURE 87 SCHAEFFLER AG: COMPANY SNAPSHOT 181
TABLE 85 SCHAEFFLER AG: PRODUCTS OFFERED 182
TABLE 86 BEARING HOUSING 182
TABLE 87 HOUSING UNITS 182
FIGURE 88 SCHAEFFLER AG: SWOT ANALYSIS 183
15.6 NTN BEARING CORPORATION 185
FIGURE 89 NTN BEARING CORPORATION: COMPANY SNAPSHOT 185
TABLE 88 NTN BEARING CORPORATION: PRODUCTS OFFERED 186
TABLE 89 NTN BEARING CORPORATION: NEW PRODUCT DEVELOPMENTS AND EXPANSIONS 186
TABLE 90 ULTRA-CLASS BEARING FEATURES: NTN 187
15.7 REXNORD CORPORATION 188
FIGURE 90 REXNORD CORPORATION: COMPANY SNAPSHOT 188
TABLE 91 REXNORD CORPORATION: PRODUCTS OFFERED 189
TABLE 92 REXNORD CORPORATION: NEW PRODUCT DEVELOPMENTS/EXPANSIONS 189
FIGURE 91 PRODUCT SPECIALIZATION: REXNORD 190
15.8 REGAL BELOIT CORPORATION 191
FIGURE 92 REGAL BELOIT CORPORATION: COMPANY SNAPSHOT 192
TABLE 93 REGAL BELOIT CORPORATION: PRODUCTS OFFERED 192
TABLE 94 REGAL BELOIT CORPORATION: NEW PRODUCT DEVELOPMENTS AND EXPANSIONS 193
15.9 PT INTERNATIONAL 194
TABLE 95 PT INTERNATIONAL: PRODUCTS OFFERED 194
TABLE 96 PT INTERNATIONAL.: NEW PRODUCT DEVELOPMENTS AND EXPANSIONS 195
TABLE 97 PT INTERNATIONAL: ACQUISITIONS 195
15.10 JONES BEARING COMPANY 196
TABLE 98 JONES BEARING COMPANY: PRODUCTS OFFERED 196
15.11 ASAHI SEIKO CO., LTD. 197
TABLE 99 ASAHI SEIKO CO., LTD.: PRODUCTS OFFERED 197
15.12 FYH INC. 198
TABLE 100 FYH INC.: PRODUCTS OFFERED 198
*Details on Overview, Products and Services Offered, Recent Developments, and SWOT Analysis might not be captured in case of unlisted companies.
15.13 OTHER REGIONAL KEY PLAYERS 199
15.13.1 ASIA PACIFIC 199
15.13.1.1 JTEKT Corporation 199
15.13.1.2 Luoyang Longda Bearing Co., Ltd 199
15.13.2 NORTH AMERICA 199
15.13.2.1 Spyraflo Inc. 199
15.13.2.2 Baart Industrial Group 199
15.13.2.3 RBI Bearing, Inc. 199
15.13.2.4 Triangle Manufacturing Company 200
15.13.2.5 Altra Industrial Motion 200
15.13.2.6 Emerson Bearing Company 200
15.13.3 EUROPE 200
15.13.3.1 ZKL Group 200
15.13.3.2 Igus GmbH 201
15.13.3.3 NBC Group 201
16 APPENDIX 202
16.1 INSIGHTS OF INDUSTRY EXPERTS 202
16.2 DISCUSSION GUIDE 203
16.2.1 DEMAND SIDE DISCUSSION GUIDE 203
16.2.2 SUPPLY SIDE DISCUSSION GUIDE 205
16.4 AVAILABLE CUSTOMIZATIONS 210
16.5 RELATED REPORTS 210
16.6 AUTHOR DETAILS 211