Flanged Bearings Market size is estimated to be USD 4.5 Billion in 2024 and is expected to reach USD 6.8 Billion by 2033 at a CAGR of 5.4% from 2026 to 2033.
The global flanged bearings market was valued at approximately USD 1.8 billion in 2022 and is projected to reach USD 2.5 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.1% during the forecast period. The growth of the market can be attributed to the increasing demand for reliable, cost effective solutions in various industries, such as automotive, manufacturing, and industrial machinery. With the rising need for high performance bearings in these sectors, the market is expected to continue its upward trajectory. The automotive sector is anticipated to be a key driver due to the increasing use of flanged bearings in vehicle components, such as wheels and axles, for enhanced durability and efficiency. Regionally, North America held the largest market share in 2022, accounting for approximately 35% of the total market revenue. This dominance is primarily due to the established industrial base and growing demand for automation in manufacturing processes. Europe followed closely, with a significant share of the market, driven by technological advancements and the increasing adoption of flanged bearings in machinery applications. Meanwhile, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, driven by rapid industrialization, particularly in countries like China and India. The expansion of the automotive and aerospace industries in this region is anticipated to provide lucrative opportunities for market players.
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SKF
NSK
JTEKT
NTN
Timken
Dodge Industrial
AST Bearings
Boston Gear
Rexnord
Jiangyin Hengrun Heavy Industries
Zhejiang Naili Bearing
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Flanged Bearings Market
Steel Flanged Bearings
Brass Flanged Bearings
Plastic Flanged Bearings
Aluminum Flanged Bearings
Self-Aligning Flanged Bearings
Thrust Flanged Bearings
Cylindrical Flanged Bearings
Ball Flanged Bearings
Roller Flanged Bearings
Light Duty Flanged Bearings
Medium Duty Flanged Bearings
Heavy Duty Flanged Bearings
Automotive Industry
Aerospace and Defense
Industrial Machinery
Consumer Electronics
Construction Equipment
Manufacturing
Mining and Quarrying
Energy and Power
Transportation and Logistics
Agriculture
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Flanged Bearings Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Flanged Bearings Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Flanged Bearings Market, By Type
6. Global Flanged Bearings Market, By Application
7. Global Flanged Bearings Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Flanged Bearings Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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