iConnectHub
Access
Login/Register
Supplier Login
The global ball bearing market is a mature market characterized by the presence of a small number of manufacturers occupying large market shares.
Efficiency of ball bearings is the main area of focus for manufacturers as it forms the major means to upgrade product offerings in the market. The market is highly capital-intensive and has low asset turnover. It is difficult for new players to enter the market. Cartelization is a major challenge in the market.
“In order to restrict any new competition, key vendors are involved in cartels to avoid undercutting each other's prices, thereby keeping the existing supply stable. The threat from counterfeit products is another key challenge faced by vendors,” says Anju Ajaykumar, a lead tools and components research analyst from Technavio.
The vendors in this market should concentrate more on entry of counterfeit products, especially into APAC. Consumer awareness programs are being conducted by players such as SKF to educate consumers as well as retailers about counterfeit ball bearings.
NSK
NSK was incorporated in 1916 and is headquartered in Tokyo, Japan. The company manufactures automotive products, precision machinery and parts, and bearings. It provides a range of products like ball bearings, spindles, roller bearings, and steel balls to various industries. NSK products and services cater to various industries, including steel, mining and construction, automotive, aerospace, agriculture, wind turbines, and others. The company provides various services like maintenance and repair, training, and troubleshooting services to its customers.
The company offers various solutions under this market, which find applications in industries such as steel, papermaking machinery, mining and construction, wind turbines, semiconductors, machine tools, gearboxes, electric motors, pumps and compressors, injection molding machines, office equipment, motorcycles, and railways.
NTN
NTN was founded in 1918 and is headquartered in Osaka, Japan. The company mainly manufactures and sells axle bearings, constant velocity joints and precision equipment for automobile, industrial machinery and repair commercial markets. Its product portfolio includes mechanical components like bearings, ball screws, sintered members and others, and peripheral components like gears, motors (drive circuits), sensors, and others.
NTN ball bearings are available in various sizes ranging from 10 to 320 mm outside diameters. It offers a variety of configurations of seals, shields, lubricants, internal clearances, and cage designs.
Schaeffler
Schaeffler was founded in 1946 and is headquartered in Herzogenaurach, Germany. The company develops, manufactures, and sells rolling bearings, plain bearings, spherical plain bearings, and linear products for the automotive industry. It offers engine, transmission, and chassis systems and accessories. The company operates through two segments: automotive and industrial.
The company's automotive division offers products such as clutch systems, torsion dampers, transmission components, valve train systems, electric drives, camshaft phasing units, and bearing solutions in transmissions and chassis. The company's industrial division offers rolling and plain bearings, maintenance products, linear technology, monitoring systems, and direct drive technology.
SKF
SKF was founded in 1907 and is headquartered in Gothenburg, Sweden. The company supplies bearings, mechatronics, seals, lubrication systems and services that offer technical support, maintenance and reliability services, engineering consulting and training. It offers products through several categories such as condition monitoring products, measuring equipment, coupling systems, bearings, and others. SKF operates mainly through three business areas, including industrial market, automotive market, and specialty business.
Buty Niemowl?ce