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Bearings Procurement Research Report | Published: Jun 2014

Helping businesses make better purchasing decisions, faster

Bearings: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Bearings procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Bearings, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 11-14
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 14-17
Price Change
Bearings - Recent Price Trend

The price of bearings has increased at an average annual rate of 3.0% during the three years to 2013, with the average cost of a single bearing resting at $80.54. Bearing prices have risen alongside the improving manufacturing sector and in spite of a decrease in federal spending on defense.The improving manufacturing sector has manifested in bearing manufacturers operating at full capacity,... purchase to read more

Bearings - Total Cost of Ownership

The total cost of ownership for industrial bearings is low. In the case of owning bearings, there are no hidden costs associated with this product. Bearings are typically made out of strong and durable materials that make them resistant to corrosion and damage. The average expected lifespan of a bearing is about two to five years for frequent levels of use, and up to 20 years for infrequent use... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of bearings for industrial use. Typically composed of balls or rollers, bearings are machine elements that constrain motion between moving parts, facilitating a specific movement and minimizing friction to improve efficiency. Varieties of bearings include flanged, radial and wheel bearings, among others. This report does not include wheels or pivots.



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