Slewing Bearings Market Forecast (2015 - 2020)
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Slewing Bearings Market Forecast (2015 - 2020)
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Slewing Bearings Market Overview Slewing Bearing is a rotational bearing component which usually is used in machines which requires heavy and bulky load handling. These bearings help in developing to and fro movements as well as rotational movements. Basically these are the machine elements, that work based on axial and radial forces which results in tilting moments. Slewing bearing arrangement provides several performance and design benefits over traditional bearings.
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Slewing Bearings Market Forecast (2015 - 2020)
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Slewing Bearings Market Estimations The Global Market for Slewing Bearings is fragmented and is estimated to be around $2.85 Billion in 2014. It is characterized by large number of small and medium manufacturers with few large scale manufacturers. The Market is estimated to increase to $4.2 Billion by 2020 at a CAGR of 6.9% according to a recent study from IndustryARC. The driving factors for this growth are the increasing demand for renewable energy sources, material handling equipment and marine vessels. Marine vessels are one among the major applications of slewing bearings and are estimated to grow at a CAGR of 12.2% to $602Million by 2020. Know more about the report – http://industryarc.com/Report/6346/Slewing-Bearings-Market-Research-Report.html
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Slewing Bearings Market Forecast (2015 - 2020)
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Market Revenue
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Slewing Bearings Market Forecast (2015 - 2020)
Slewing Bearings Market Driving Factors and Applications To mention the major propelling developing end use industries of the Slewing Bearings
Market: Solar Energy Wind Energy Healthcare and more
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Slewing Bearings Market Forecast (2015 - 2020)
Slewing Bearings Market Driving Factors and Applications Slewing Bearings find their application in wide range of applications across industries:
In Access Platforms Cranes Stackers Bottling machines Wind Turbines & heliostats Robotic equipment In Mining
Water Treatment Material handling equipment and so on.
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Slewing Bearings Market Forecast (2015 - 2020)
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Slewing Bearings Market Segmentation Slewing Bearings Market is precisely segmented into 5 broad segments based on these factors: By Gear Type: Ungeared, External Gear and Internal Gear. By Construction/Design: Cross Roller Slewing Ring Bearing, Double-row Ball Slewing Ring Bearings and Others.
By Rolling Element: Ball, Roller, Track and Combined Ball & Roller. By Applications: Construction industry, Wind Turbines, Radar and Others. By Geography: Americas, Europe, APAC and ROW.
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Slewing Bearings Market Forecast (2015 - 2020)
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Key Market Insights of Slewing Bearings Market Slewing Bearings and Rings are majorly involved in conserving renewable energy by using resources such as solar panels, tidal and wind turbines. The installed wind capacity is forecasted to grow at a CAGR of 12% through 2015 to 2020 and is a major driver for this market. Installation of solar plants is increasing majorly in India, China and South America. ThyssenKrupp Group, IMO Group and SKF Group control 40% of the market share and are looking to expand even further by acquiring or merging with local smaller sized manufacturers.
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Slewing Bearings Market Forecast (2015 - 2020)
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Key Market Players of Slewing Bearings Market Slewing Bearings Industry has a large number of small and medium sized producers and a few large sized producers. This market is fragmented yet three major players are present that control a major chunk of the market share. Few companies mentioned in the report are as follows: Kaydon Corporation LYC North America, Inc. NSK Ltd. PSL, a.s. Roballo Engineering Co Ltd.
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Delphi Verification
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1. Granular breakdown of drivers into factors 2. Validating all factors in terms of their present impact on the market. 3. Assigning weights to these factors in terms of their relevance & impact on the market. 4. Build the
Consolidated Model
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1.Granular breakdown of the drivers into factors
Consolidation ConsolidatedMethod Model
Consolidated Model
Base BaseMethod Model
Base Model
Analytical Model
Analytical Method
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