Slewing Bearings by IndustryARC

Slewing Bearings After Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

Slewing Bearings After Market 2019-2024

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Press Release According to the new market research report by IndustryARC titled “Slewing Bearings After Market: By Gear Types (Ungeared, External Gear, Internal Gear); By Construction (Single-row Four Point Contact Ball, Cross roller, Double roller); By Dimension (OD < 2.5m, 2.5m < OD < 4.5m, 4.5m <OD < 6m, More than 6m; By Aftermarket Industry (Construction, Mining, Oil&Gas) By Applications (Excavation, Medical, Turbines); By Geography - (2015 – 2023)”, the market is driven by the increasing need for repair and maintenance in application specific slewing bearings and rising focus on renewable energy generation. Browse 92 Market Tables, 179 Figures spread through 169 slides and an in-depth TOC on “Slewing Bearings After Market (2015 - 2023)” https://industryarc.com/Report/6346/Slewing-Bearings-Market-Research-Report.html Europe held the largest market share in the Slewing Bearings After Market Europe region holds the largest market share in the Slewing Bearings After Market, and is anticipated to reach $505.72 million by 2023 at a CAGR of 7.5%. However, APAC witnesses highest growth during the forecast period and is expected to reach $469.27 million by 2023 at a CAGR of 10.5%. Europe Slewing Bearings Market is mainly driven by the production of oil and gas industry. The sharp rise in oil production every year is also providing impetus to the industry in this region. The key applications include Mining, Marine Vessels, Military, Packaging, Robotic Equipment, and Medical Equipment among others. Selected Value Chain Analysis done in the full report The value chain depicts several stakeholders such as components, raw material suppliers, research organization and patent holders, various legislative authorities as well as testing and certifying bodies. Sub component manufacturers comprises of raw material providers, fabricated structures and some other minute components manufacturing enterprises. Initially, the product prototype developed by the R&D department (in case of new product) or pre-specified requirements is given to the component manufacturer by the end user who then forwards their requirements to the component/ sub component manufacturer. The specification sometimes includes customized bearings based on the product design specifications and demands. The bearings will be manufactured as per the application specifications. At each phase, the bearings or bearing components has to be manufactured as per the industry standards. There are a number of certifying bodies such as ATEX, NEC, IECEx, CEC and so on, which specifies the requirements of the bearings at each phase of the value chain. After-market comes into value chain scenario after the bearings are delivered to the end users. Aftermarket includes the supply of raw materials or spare parts of these bearings when they are subjected to failure. Key aftermarket services and products include the bearings materials suppliers, pre-fabricated structure providers, which are usually spare parts. These spare parts are to be replaced under maintenance, repair and overhaul services. After-market is gaining the popularity in various industries including construction, mining, energy sector and so on, where there has been high scope for the failure or declining operational efficiencies due to continuous heavy loads. Moreover, Slewing bearings are subjected to functional and dimensional check, and are certified by regional equipment

Slewing Bearings After Market

certification authorities, and most of the companies follow DIN/ISO 9001/2000 quality standards. In after-market segment, bearing manufacturers undertake service projects at client locations through a range of condition monitoring services which minimizes the risk of breakdown, consequent damages, and thus allow clients to achieve reduction in downtime. Excerpts on Market Growth Factors Ungeared slewing bearing market is projected to grow with CAGR of 11.1% during the forecast period to reach $122.73 million in 2023. Slewing Bearings After-market has been primarily driven by the rising infrastructure spending in APAC and African Markets. Other factors that drive the market include increasing need of repair and maintenance in application specific slewing bearings, and growing shift towards after-market purchase of Slewing Bearings in Automotive and Construction Sectors. The market has witnessed investments in research and development of slewing bearings in the recent years. Currently, the market is mostly driven by product enhancements and rising number of heavy machinery products is estimated to drive the market growth of these bearings and aftermarket services over the next couple of decades. According to the Medtech Organization, increasing number of imports and exports of medical equipment coupled with advancements in the medical technology has a huge impact on the growth of the aftermarket slewing bearings across the globe. Slewing bearings aftermarket value for conveyors market is expected to reach $89.97 million in 2023. Internal geared slewing bearings market in 2014 was $1,596.0 million and is estimated to grow from $1,703.4 million in 2015 to $2,311.2 million by 2020 at a CAGR of 6.3%. External gear segment is projected to grow with CAGR of 8.2% during 2017 to 2023 from $457.64 million in 2015 to $885.95 million in 2023. Single row 4 point ball market segment is estimated to reach $565.98 million by 2023, growing at CAGR 7.2% during the forecast period. Double row 4 point ball market segment is anticipated to reach $493.86 million by 2023 growing at a CAGR of 9.9% during the forecast period. Cross roller market segment is estimated to reach $263.91 million by 2023, growing at a CAGR 8.3% during the forecast period. Eight point contact ball market segment is estimated to reach $49.25 million by 2023, growing at a CAGR 7.3% during the forecast period. Wire Race Bearing market segment is estimated to reach $71.22 million by 2023, growing at CAGR 10.8% during the forecast period. Medical segment is witnessed a rapid growth of CAGR 12.2% and the mining segment is estimated to be dominant segment with highest revenue of $228.93million by the end of 2023 with a CAGR of 7.8%. Energy & power segment witnessed revenue of $109.34 million in 2015 and is projected to reach $260.75 million by the end of 2023 growing at a CAGR of 11% during the period 20152023, owing to increasing demand for the installation of new renewables. Global slewing bearing aftermarket for the wind turbines is projected to reach $167.2 million by the end of 2023 with a CAGR of 8.5% during the forecast period. Slewing bearings aftermarket value for conveyors market expected to reach $89.97 million in 2023 with a CAGR of 9.1%. Key players of Slewing Bearings After Market: ThyssenKrupp Group, IMO Group, SKF Group, Forgital Group, NTN-SNR Group, Antex Corporation are the major players in the Global Slewing Bearings Market. These companies offers a wide range of products along with services, tailored to the requirements of industry verticals, thereby augmenting their respective positions in the market.

Slewing Bearings After Market

Notable players in the occupant sensing systems market comprise of NTN Corporation (Japan), SKF AB (Sweden), ThyssenKrupp AG (Germany) and Schaeffler AG . (Germany) Also, as majority of the players in the market tend to be dominant suppliers, each one of them has established a robust network for sales, distribution and aftermarket services across different end-user vertical, resulting in low bargaining power. The slewing bearings market players will be presented with huge opportunities as the solar energy production is estimated to increase immensely in the coming years. This solar energy production is projected to escalate the need of aftermarket bearing products owing to their failure in operations. Market players such as Kaydon Bearings, RBC Bearings Incorporated among others, provides these slewing bearings to oil and gas industry. Market players such as ThyssenKrupp Rothe Erde GmbH, Rotek, Inc. provide wire-race slewing bearings to various end user industries such as aviation and aerospace, production plants telescopes.

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Factory Automation Market: By Electrical Components (Inverters, Touch Panel, Timers, Controllers, Breakers, Switches, Convertors, Others) By End User Industry (Automobile, Packaging, Chemical, Oil & Gas, Food And Beverage) Forecast (2018-2023) https://industryarc.com/Report/194/Factory-Automation-Electrical-Products-Market-Report.html About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today. Contact Us: Mr. Venkateshwar Reddy Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc

Slewing Bearings After Market

Industry Market Research for Business Leaders, Strategists, Decision Makers

Table of Contents 1. Slewing Bearings – Market Overview 2. Executive Summary 3. Slewing Bearings Market – Market Landscape 3.1. Market Share Analysis 3.2. Comparative Analysis 3.2.1. Product Benchmarking 3.2.2. End-User profiling 3.2.3. Patent Analysis 3.2.4. Top 5 Financials Analysis 4. Slewing Bearings Market – Market Forces 4.1. Market Drivers 4.2. Market Constraints & Challenges 4.3. Attractiveness of the Slewing Bearings Market 4.3.1. Power of Suppliers 4.3.2. Power of Customers 4.3.3. Threat of New entrants 4.3.4. Threat of Substitution 4.3.5. Degree of Competition 5. Slewing Bearings Market – Strategic Analysis 5.1. Value Chain Analysis 5.2. Pricing Analysis 5.3. Threat and Opportunities Analysis 5.4. Product/Market Life Cycle Analysis 6. Slewing Bearings Market- By Gear Types 6.1. Introduction 6.2. Ungeared 6.3. External Gear 6.4. Internal Gear 7. Slewing Bearings Market- By Construction/Design 7.1. Introduction 7.2. Single-row Four Point Contact Ball Slewing Bearings 7.3. Double-row Four Point Contact Ball Slewing Bearings 7.4. Cross Roller Slewing Bearings 7.5. Three-row Roller Slewing Bearings 7.6. Others 7.6.1. Roller/Ball Combination Bearings 7.6.2. Bi-Angular Roller Cylindrical or Taper Slewing Bearings 8. Slewing Bearings Market- By Rolling Element 8.1. Introduction 8.2. Ball 8.3. Roller 9. Slewing Bearings Market- By Application 9.1. Introduction 9.2. Wind & Solar Energy 9.3. Robotic Equipment 9.4. Medical Equipment 9.5. Packaging 9.6. Mining 9.7. Marine Vessels

Slewing Bearings After Market

9.8. Material Handling Equipment 9.9. Water Treatment 9.10. Military 9.11. Communication Equipment 9.12. Others 10. Slewing Bearings Market- By Geography 10.1. Introduction 10.2. Americas 10.2.1. U.S. 10.2.2. Canada 10.2.3. Brazil 10.2.4. Mexico 10.2.5. Rest of Americas 10.3. Europe 10.3.1. U.K. 10.3.2. Germany 10.3.3. France 10.3.4. Rest of Europe 10.4. Asia-Pacific 10.4.1. China 10.4.2. Japan 10.4.3. South Korea 10.4.4. Rest of APAC 10.5. Rest of the World (RoW) 10.5.1. Middle East 10.5.2. Africa 11. Slewing Bearings Market Entropy 11.1. Introduction 11.2. New Product Launches 12. Company Profiles 12.1. Thyssenkrupp Group 12.2. IMO Group 12.3. Schaeffler AG 12.4. SKF Group 12.5. Antex Corporation 12.6. Kaydon Corporation 12.7. NSK LTD 12.8. PSL, A.S. 12.9. LYC North America Inc 12.10. Roballo Engineering Co Ltd 13. Appendix 13.1. Abbreviations 13.2. Sources 13.3. Research Methodology 13.4. Bibliography 13.5. Compilation of Expert Insights 13.6. Disclaimer

Slewing Bearings After Market

Industry Market Research for Business Leaders, Strategists, Decision Makers

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Slewing Bearings After Market

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Slewing Bearings After Market