Global and China Bearing Industry Report, 2016-2020

Global and China Bearing Industry Report, 2016-2020

  • May 2016
  • 192 pages
  • Research In China
Report ID: 336659
Bearing, a critical component for contemporary mechanical equipment, finds wide applications in automobile, electromechanics, construction machinery, household appliances, metallurgy and mining machinery, etc..

In 2010-2015, the global bearing industry grew steadily, as the output jumped at a CAGR of 9.9%. The output is expected to be 100.5 billion sets with a year-on-year growth of 10.9% in 2016, and exceed 150 billion sets in 2020.

As one of major bearing producers in the world, China produced 22 billion sets of bearings in 2015 (accounting for 24.3% globally), basically same with last year. As the bearing industry gradually stabilizes, Chinese policies will continue to encourage the development of high-end bearing products during the Thirteenth Five-year Plan period, thereby promoting the further development of the bearing industry. In 2016-2020, China's bearing output is expected to grow at a CAGR of 7.8%.

About 1/4 of bearings produced by China are exported. In 2015, Chinese bearing import and export market saw a trade surplus for the first time, namely China exported 5.46 billion sets of bearings (edging up 1.7% year on year) and fetched the export value of USD4.7 billion (up 24.7% year on year); the average export price increased by 22.6% year on year to USD0.86 per set.

In China, bearings are mainly used in automotive, motorcycle, wind power, railway and other fields. Driven by policies and market development, the demand of automotive and wind power fields for bearings will grow steadily in future. The average annual growth rate of the auto bearing demand is estimated at about 5% in 2016-2020, while the demand for high-end auto bearings will grow at more than 10%; the demand for wind power bearings will slow down, but will maintain the growth rate of above 10% in the next few years.

The global bearing market is mainly occupied by Japanese and European companies. In 2015, Sweden SKF still ranked the world's first with 11.4% market share, followed by Germany Schaeffler with 9.6%.

The largest Chinese bearing manufacturer C & U Group seized 4.3% market share in China, but only 1.8% in the global market in 2015; the second-ranked Luoyang LYC Bearing garnered 3.1% market share in China and merely 1.3% in the world.

In 2015, CR10 of Chinese bearing market was 14.5%, an increase of 4 percentage points over 2014, mainly thanks to technological breakthroughs and better market competitiveness of Chinese enterprises in the past two years.

Luoyang LYC Bearing successfully produced the first set of 6 MW wind power spindle bearings in China in March 2016 to fill the company's gap in high-megawatt spindle bearings.

In 2016, wind power 2.0 MW and 2.5 MW speed-up machine bearings developed by Wafangdian Bearing Group cover low-speed and high-speed ends as well as realize installation, substituting the imported counterparts completely and breaking the long-term monopoly of foreign companies in this field.

Global and China Bearing Industry Report, 2016-2020 by ResearchInChina highlights the followings:
Global bearing market size, structure, competitive landscape, etc;
Development environments, status quo, market size, market structure, competitive landscape, import & export, etc. of China bearing industry;
Overview, market size, competition pattern, etc. of major upstream bearing industries (bearing steel, aluminum, copper, plastic, ceramics, etc.);
Development, product applications, etc. of main downstream bearing industries (automobiles, motorcycles, railway, wind power, engineering machinery, mining and metallurgy, etc.);
Operation, layout in China, bearing business, development, etc. of 8 global and 10 Chinese bearing manufacturers.
1. Introduction to Bearing
1.1 Definition
1.2 Classification
1.3 Industry Characteristics
1.3.1 Periodicity
1.3.2 Regionality
1.4 Existing Problems
1.5 Industry Chain

2. Development of Global Bearing Industry
2.1 Market Size
2.1.1 Output
2.1.2 Sales
2.2 Market Structure
2.3 Competitive Landscape
2.4 Major Producers
2.4.1 Japan
2.4.2 USA

3. Bearing Industry in China
3.1 Policy Environment
3.1.1 Supportive Policies for Key Products
3.1.2 Trade Policy
3.1.3 Foreign Access Policies
3.2 Status Quo
3.2.1 Enterprises
3.2.2 Sales
3.2.3 Climate
3.3 Market Size
3.3.1 Output
3.3.2 Consumption
3.3.3 Independence
3.4 Market Structure
3.5 Import & Export
3.5.1 Import
3.5.2 Export
3.6 Competitive Landscape
3.6.1 Industry Concentration
3.6.2 Enterprise Pattern
3.6.3 Regional Structure

4 Status Quo of Major Upstream Bearing Industries
4.1 Bearing Steel
4.1.1 Overview
4.1.2 Market
4.1.3 Competition Pattern
4.2 Copper
4.2.1 Overview
4.2.2 Market
4.3 Aluminum
4.3.1 Overview
4.3.2 Market
4.4 Others
4.4.1 Plastics
4.4.2 Ceramics

5 Status Quo of Major Downstream Bearing Application Markets
5.1 Automotive
5.1.1 Bearing Applications
5.1.2 Status Quo
5.2 Motorcycle
5.2.1 Bearing Applications
5.2.2 Status Quo
5.3 Railway
5.3.1 Bearing Applications
5.3.2 Status Quo
5.4 Wind Power
5.4.1 Bearing Applications
5.4.2 Status Quo
5.5 Construction Machinery
5.5.1 Bearing Applications
5.5.2 Status Quo
5.6 Metallurgical and Mining Machinery
5.6.1 Bearing Applications
5.6.2 Status Quo
5.7 Other Application Markets
5.7.1 Petrochemical
5.7.2 Machine Tool
5.7.3 Home Appliance

6. Major Foreign Bearing Manufacturers
6.1 SKF
6.1.1 Profile
6.1.2 Operation
6.1.3 Revenue Structure
6.1.4 Bearing Business
6.1.5 Development in China
6.2 Schaeffler
6.2.1 Profile
6.2.2 Operation
6.2.3 Revenue Structure
6.2.4 Bearing Business
6.2.5 Development in China
6.3 NSK
6.3.1 Profile
6.3.2 Operation
6.3.3 Revenue Structure
6.3.4 Bearing Business
6.3.5 Marketing Network
6.3.6 Development in China
6.4 NTN
6.4.1 Profile
6.4.2 Operation
6.4.3 Revenue Structure
6.4.4 Bearing Business
6.4.5 Development in China
6.5 TIMKEN
6.5.1 Profile
6.5.2 Operation
6.5.3 Revenue Structure
6.5.4 Bearing Business
6.5.5 Development in China
6.6 Minebea
6.6.1 Profile
6.6.2 Operation
6.6.3 Revenue Structure
6.6.4 Bearing Business
6.6.5 Development in China
6.7 Nachi
6.7.1 Profile
6.7.2 Operation
6.7.3 Revenue Structure
6.7.4 Bearing Business
6.7.5 Development in China
6.8 Jtekt
6.8.1 Profile
6.8.2 Operation
6.8.3 Revenue Structure
6.8.4 Bearing business
6.8.5 Development in China

7. Major Chinese Bearing Manufacturers
7.1 Wafangdian Bearing Group Corp
7.1.1 Profile
7.1.2 Operation
7.1.3 Revenue Structure
7.1.4 Product R&D
7.1.5 Marketing Network
7.1.6 Major Subsidiary- Wafangdian Bearing Co., Ltd
7.1.7 Development Strategy
7.2 Luoyang LYC Bearing Co., Ltd
7.2.1 Profile
7.2.2 Operation
7.2.3 Marketing Network
7.2.4 Developments
7.3 Harbin Bearing Manufacturing Co., Ltd
7.3.1 Profile
7.3.2 Operation
7.3.3 Development Strateg
7.4 Tianma Bearing Group Co., Ltd
7.4.1 Profile
7.4.2 Operation
7.4.3 Revenue Structure
7.4.4 Gross Margin
7.4.5 Bearing Business
7.4.6 Competitive Edge
7.5 Xiangyang Automobile Bearing Co., Ltd
7.5.1 Profile
7.5.2 Major Customers and Suppliers
7.5.3 Operation
7.5.4 Revenue Structure
7.5.5 Gross Margin
7.5.6 Bearing Business
7.5.7 Marketing Network
7.6 Fujian Longxi Bearing (Group) Corp., Ltd
7.6.1 Profile
7.6.2 Operation
7.6.3 Revenue Structure
7.6.4 Gross Margin
7.6.5 Bearing Business
7.6.6 Competitive Edge
7.6.7 Development
7.7 Luoyang Bearing Science & Technology Co., Ltd.
7.7.1 Profile
7.7.2 Operation
7.7.3 Revenue Structure
7.7.4 Gross Margin
7.7.5 Bearing Business
7.7.6 Competitive Edge
7.7.7 Developmen
7.8 Baota Industry Co., Ltd.
7.8.1 Profile
7.8.2 Major Customers and Suppliers
7.8.3 Operation
7.8.4 Revenue Structure
7.8.5 Gross Margin
7.8.6 Bearing Business
7.8.7 R&D
7.8.8 Developments
7.9 C&U Group
7.9.1 Profile
7.9.2 Operation
7.9.3 Bearing Business
7.9.4 Developments
7.10 WanxiangQianchao Co., Ltd.
7.10.1 Profile
7.10.2 Major Customers and Suppliers
7.10.3 Operation
7.10.4 Revenue Structure
7.10.5 Gross Margin
7.10.6 Bearing Business
7.10.7 Development Strategy

8. Summary and Forecast
8.1 Market
8.2 Enterprise


Companies Mentioned
SKF
Schaeffler
NSK
NTN
TIMKEN
Minebea
Nachi
Jtekt
Wafangdian Bearing Group Corp
Wafangdian Bearing Co., Ltd
Luoyang LYC Bearing Co., Ltd
Harbin Bearing Manufacturing Co., Ltd
Tianma Bearing Group Co., Ltd
Xiangyang Automobile Bearing Co., Ltd
Fujian Longxi Bearing (Group) Corp., Ltd
Luoyang Bearing Science & Technology Co., Ltd.
Baota Industry Co., Ltd.
C&U Group
WanxiangQianchao Co., Ltd.
Country=China Industry=IndustrialEquipment ParentIndustry=Manufacturing Date=201605 Topic=MarketReport Publisher=ResearchInChina Price=4000