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US Bearings Market

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NEW YORK, Sept. 10, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

US Bearings Market http://www.reportlinker.com/p0703283/US-Bearings-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Mechanics_and_Part

US demand to rise 4.4% annually through 2017

Ball, roller, and plain bearing demand in the US is forecast to increase 4.4 percent per year to $12.9 billion in 2017. This will be a notable improvement from the growth registered during the 2007 to 2012 period. Market advances will be supported by improved conditions in motor vehicle manufacturing, the largest market for bearings. The trend toward "insourcing" US durable goods manufacturing will create opportunities in a variety of markets.

Engine, turbine & power transmission market to grow the fastest

The engine, turbine, and power transmission equipment market will experience the fastest growth, bolstered by continued growth in the wind energy segment. The automotive market will not be far behind, outpacing overall bearing demand gains.

Bearing manufacturers will benefit from particularly strong growth in heavy truck and bus production, as these vehicles utilize more bearings (both in unit and dollar terms) than passenger cars.

Roller bearings to offer best growth opportunities

Roller bearing demand is expected to continue to outpace other product types, supported by sales of higher value, technologically advanced bearings. Roller bearings will continue to be the largest product segment, comprising over 40 percent of demand in 2017.

OEM bearing applications to outpace MRO uses

Demand for bearings in OEM applications will outpace the industry average, due to ongoing growth in US durable goods output. Many durable goods manufacturers are building or upgrading production facilities in the US, boosting demand for components such as bearings.

Increased production of machinery will stimulate gains, since these industries are heavy users of more advanced, high value bearing products.

Bearing shipments from US plants to track demand

Bearing shipments from US plants are forecast to increase 4.3 percent annually to $12 billion in 2017, approximating demand growth. Industry output will be stimulated by growth in several key domestic bearing-using industries (e.g., motor vehicles, machinery) and by rising demand in a number of export markets.

However, intense competition from bearing suppliers in lower cost countries is expected to hold back price increases. Both imports and exports will post steady gains through 2017, and the US will remain a net importer.

Study coverage

This upcoming Freedonia industry study, Bearings, is priced at $5100. It presents historical US demand data for 2002, 2007 and 2012, plus forecasts for 2017 and 2022, by bearing product and market. The study also considers market environment factors, examines the industry structure, evaluates company market share, and profiles competitors in the US industry. TABLE OF CONTENTS

INTRODUCTION ix

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4Economic Environment 5Cyclical Trends 8Long Term Trends 11Market Dynamics 12OEM 13MRO 17Pricing Patterns 21Bearing Materials 24Steel 24Other 26Technology 28Basic Bearing Technology 29Recent Technological Developments 33Competitive Technologies 36Legal & Regulatory Environment 39International Environment 42World Supply & Demand 44US Foreign Trade 46Imports 47Exports 50

III. PRODUCTS 53

General 53Ball Bearings 57Precision Radial 61Nonprecision Radial 64Thrust & Other 66Roller Bearings 68Tapered 73Other 76Cylindrical 78Needle 79Spherical 81All Other 82Plain Bearings 83Journal 87Spherical 88Thrust & Other 89Mounted Bearings 90Ball 93Roller 94Plain 95Bearing Parts 95Balls 99Rollers 100Other Ball & Roller Bearing Parts 100Plain Bearing Parts 101

IV. MARKETS 102

General 102Original Equipment Manufacturing 104Motor Vehicles 106Industry Outlook 107Bearing Market 110Machinery 114Industry Outlook 115Bearing Market 117Aerospace Equipment 119Industry Outlook 120Bearing Market 121Engines, Turbines, & Power Transmission Equipment 124Industry Outlook 124Bearing Market 126Construction, Mining, & Oilfield Machinery 129Industry Outlook 130Bearing Market 131Material Handling Equipment 133Industry Outlook 134Bearing Market 135Farm & Garden Machinery 137Industry Outlook 137Bearing Market 139Other OEM Applications 140Maintenance/Repair/Operations 143Industrial MRO 145Sector Outlook 145Bearing Market 148Services MRO 150Sector Outlook 151Bearing Market 152Government MRO 155Sector Outlook 155Bearing Market 157

V. INDUSTRY STRUCTURE 159

General 159Industry Composition 160Market Share 163Product Development & Manufacturing 167Marketing & Distribution 169Cooperative Agreements 172Financial Issues 174Mergers, Acquisitions, & Industry Restructuring 176Company Profiles 180ABB Limited 181Advanced Green Components, see TimkenAltra Industrial Motion Incorporated 184American Roller Bearing Company 187AMSTED Industries Incorporated 188Baldor Electric, see ABBBarden, see Schaeffler GroupBearing Inspection, see TimkenBosch (Robert) GmbH 190Boston Gear, see Altra Industrial MotionC&U Group Company Limited 192CoLinx, see Schaeffler Group, SKF, and TimkenConsolidated Metco, see AMSTED IndustriesCooper Split Roller Bearings, see KaydonDanaher Corporation 195Delta Rubber, see NNEmerson Electric Company 197EnPro Industries Incorporated 201Federal-Mogul Corporation 205Frantz Manufacturing Company 208General Bearing, see SKFGGB Bearing Technology, see EnPro IndustriesGKN plc 210Hephaestus Holdings, see HHI Group HoldingsHHI Group Holdings LLC 212Hoover Precision Products, see Tsubaki NakashimaHub City, see Regal BeloitIljin Group 213Industrial Molding, see NNIndustrial Tectonics, see KaydonJTEKT Corporation 216Kaydon Corporation 219Kilian Manufacturing, see Altra Industrial MotionKoyo Bearings North America, see JTEKTKyklos Bearing International, see HHI Group HoldingsLubron Bearing Systems, see RBC BearingsMAHLE International GmbH 223Minebea Company Limited 225MPB, see Timkenmyonic, see MinebeaNachi-Fujikoshi Limited 229Nakatetsu Machining Technologies, see JTEKTNew Hampshire Ball Bearings, see MinebeaNMB Technologies, see MinebeaNN Incorporated 231NSK Limited 234NTA Precision Axle, see NTNNTN Corporation 238NTN-SNR Roulements, see NTNPeer Bearing, see SKFPhoenix Bearings, see RBC BearingsPI Bearing Technologies, see EnPro IndustriesQM Bearings and Power Transmission, see TimkenRBC Bearings Incorporated 244Regal Beloit Corporation 249Rexnord Corporation 251Rotek, see ThyssenKruppSaint-Gobain 254Schaeffler Group 257Seohan-NTN Driveshaft USA, see NTNShanghai General Bearing, see SKFSKF AB 261Smith Services, see TimkenSNR Bearings USA, see NTNSNR Roulements, see NTNTHK Company Limited 268Thomson Industries, see DanaherThyssenKrupp AG 270Timken Company 272Tsubaki Nakashima Company Limited 279Venture Aerobearings, see SKFWafangdian Bearing Group Corporation 281Wazee Companies, see TimkenWestern Precision Aero, see RBC BearingsWM Berg, see RexnordZeroDrag Racing, see SKF

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

Summary Table 3

SECTION II -- MARKET ENVIRONMENT

1 Macroeconomic Environment 82 Bearing Market, 2002-2012 103 Manufacturers' Shipments by Industry 174 Nonresidential Fixed Investment & Equipment Stock 215 Bearing Price Deflators 236 World Bearing Demand by Region 467 US Foreign Trade in Bearings 478 US Bearings Imports by Source, 2002-2012 499 US Bearings Exports by Destination, 2002-2012 51

SECTION III -- PRODUCTS

1 Bearing Supply & Demand 562 Ball Bearing Supply & Demand 603 Precision Radial Ball Bearing Supply & Demand 644 Nonprecision Radial Ball Bearing Supply & Demand 665 Thrust & Other Ball Bearing Supply & Demand 686 Roller Bearing Supply & Demand 727 Tapered Roller Bearing Supply & Demand 768 Other Roller Bearing Supply & Demand 789 Plain Bearing Supply & Demand 8610 Mounted Bearing Supply & Demand 9211 Bearing Parts Supply & Demand 98

SECTION IV -- MARKETS

1 Bearing Demand by Market & Type 1032 OEM Bearing Demand by Market & Type 1053 Motor Vehicle Production & Shipments 1104 Motor Vehicle Bearing Demand 1145 Machinery Shipments 1166 Machinery Bearing Demand 1197 Aerospace Equipment Shipments 1218 Aerospace Equipment Bearing Demand 1239 Engine, Turbine, & Power Transmission EquipmentShipments 12610 Engine, Turbine, & Power Transmission EquipmentBearing Demand 12911 Construction, Mining, & Oilfield Equipment Shipments 13112 Construction, Mining, & Oilfield Equipment BearingDemand 13313 Material Handling Equipment Shipments 13514 Material Handling Equipment Bearing Demand 13615 Farm & Garden Equipment Shipments 13916 Farm & Garden Equipment Bearing Demand 14017 Other OEM Bearing Demand 14218 MRO Bearing Demand by Market & Type 14419 Industrial Sector Outlook 14720 Industrial Sector Bearing Demand 15021 Service Sector Outlook 15222 Service Sector Bearing Demand 15423 Government Spending & Investment 15624 Government Bearing Demand 158

SECTION V -- INDUSTRY STRUCTURE

1 US Bearing Sales by Selected Manufacturers, 2012 1622 Selected Cooperative Agreements 1733 Composite Financial Ratios: Selected Bearing Manufacturers 1764 Selected Acquisitions & Divestitures 178

LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT

1 Bearing Market, 2002-2012 112 Bearing Pricing, 2002-2022 243 Bearing Imports by Source, 2012 504 Bearing Exports by Destination, 2012 52

SECTION III -- PRODUCTS

1 Bearing Demand by Product, 2012 572 Ball Bearings by Product Type, 2012 613 Roller Bearing Demand by Product Type, 2012 734 Plain Bearing Demand by Product Type, 2012 875 Mounted Bearing Demand by Product Type, 2012 936 Bearings Parts Demand by Type, 2012 99

SECTION IV -- MARKETS

1 Bearing Demand by Market, 2002-2022 1042 OEM Bearing Demand by Market, 2012 1063 MRO Bearing Demand by Market, 2012 145

SECTION V -- INDUSTRY STRUCTURE

1 US Market Share by Company, 2012 163

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