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Bearings Procurement Research Report | Published: Jun 2015

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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IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Bearings procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 12-15
IBISWorld Buyer
Power Score
Profit Benchmark
Profit Benchmark
Price Change 15-18
Price Change
Bearings - Recent Price Trend

The price of bearings is expected to increase at an average annual rate of 3.1% during the three years to 2014 to about $83.43 per bearing. Bearing prices have been rising due to the volatility of key inputs and growing downstream demand.Improving performance in the IPI has fueled demand for industrial products, including bearings, which has resulted in rising bearing prices. The volatility of... 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. Bearings, which are typically composed of balls or rollers, are machine components that constrain motion between moving parts, facilitating a specific type of 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. Suppliers include manufacturers and distributors.

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