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Bearings Procurement Research Report | Published: Nov 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
Profit Benchmark
Profit Benchmark
Price Change 14-17
Price Change
Bearings - Recent Price Trend

In the three years to 2014, the average price for bearings has been rising at an estimated annualized rate of 1.4% due primarily to growing demand from the industrial sector.The surge in US oil and natural gas production has increased demand for bearings used in machines and equipment that assist in the drilling, extraction, refining, transportation and storage of oil and gas. Furthermore,... purchase to read more

Bearings - Total Cost of Ownership

The total cost of ownership for industrial bearings is low because there are no hidden costs associated with owning 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 if it is frequently used or up to 20 years for infrequent use. Additionally, bearings... 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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