Albany, NY -- (SBWIRE) -- 08/25/2016 -- Bearings are machine elements used to reduce the energy loss caused by friction in the rotary motion parts of a broad range of equipment and machinery. Industries such as automotive, aerospace, heavy engineering, railways, shipbuilding, defence, die mold and part manufacturing, machine tool, healthcare, and consumer durables make extensive use of ball bearings. The prospects for the market growth of bearings are closely linked to growth in the production of high-performance industrial equipment and machinery.

The global bearings market to grow at a CAGR of 7.94% over the period 2014-2019. This report covers the present scenario and the growth prospects of the global bearings market for the period 20152019. The report considers 2014 as the base year and estimates the global bearing market size and vendor share by considering the revenues generated from the following segments:
- Frictional bearings
- Anti-friction bearings
- Journal bearings
- Other bearings and bearings components

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Technavio's report, Global Bearings Market 2015-2019, has been prepared based on in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global bearings market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions
- Americas
- APAC
- EMEA

Key Vendors
- SKF
- Schaeffler
- Timken
- NSK
- TNT

Other Prominent Vendors
- JTEKT
- Daido Metal
- GGB Bearing Technology
- Miba
- Rothe Erde
- C&U Group
- Harbin Bearing Manufacturing
- Wafangdian Bearing Group
- Minebea

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Key Questions Answered in this Report:
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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