The Chinese government has been encouraging the manufacture of mechanical and electronic products to improve domestic productivity and to increase the value of Chinese exports. Bearings are basic components in a variety of machinery and motors, consequently, the Bearing Manufacturing industry is one of the most rapidly growing segments of China's manufacturing sector.After the global recession, industry revenue rebounded in 2011 and 2012. In 2013, the slowdown in the Chinese economy caused revenue growth to fall to 12.2%. In 2014, industry revenue is expected to grow 9.0% to $45.4 billion. In 2015, with the slowing down of the domestic and international economy, industry revenue decreasing fell 0.8% to $45.0 billion...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Report - Industry Key Buyers Chapter

There are about 2,679 enterprises operating in this industry in 2017, most of which are small or medium in size. The top four industry participants hold a combined share of 3.9% of total industry revenue in 2017. No one bearing manufacturer dominates the entire industry; however, the concentration ratio differs across regions with most large manufacturers located in the East China region (mostly in Jiangsu province, Zhejiang province and Shanghai).The industry concentration level is expected to increase in future years as large enterprises acquire small or medium-sized operators to gain market share. The top manufacturers are expected to strengthen their competitive advantages and to launch more new products in niche markets...purchase to read more.

Additional Insights for the Bearing Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Bearing Manufacturing Industry are

  • Production of premium goods
  • Economies of scale
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Downstream Demand - Manufacturing and Domestic Goods Prices - Metals - Steel in the Bearing Manufacturing industry impact industry performance..

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    What's in this report

    What is the Bearing Manufacturing Industry?

    The Bearing Manufacturing industry in China produces bearings and components, including rolling bearings, sliding bearings, linear roll bearings, bearing bases, bearing covers, bearing blocks, bearing housings, as well as bearing components such as bearing sleeves, shield bearings, ball bearings, needles, rollers and other bearing products. Products such as flywheels, chain wheels and pulley blocks are not included in this industry.

    Industry Products
  • Ball bearings
  • Roller bearings
  • Pillow block bearings
  • Joint bearings
  • Constant velocity joints for automobiles
  • Other bearing products
  • Industry Activities
  • Rolling bearing
  • Sliding bearing
  • Linear roll bearing
  • Bearing base
  • Bearing covers, bearing blocks, and bearing housing
  • Bearing components
  • Other bearing product
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream Demand - Manufacturing
  • Domestic Goods Prices - Metals - Steel
  • Household Disposable Income
  • Import Competition
  • Industry Systems and Technology - Industrial Machinery and Equipment mfg
  • Real GDP

  • Current Performance
    ExportsTechnological change
  • Chart: Revenue Growth

  • Industry Outlook
    Technology and imports
  • Table: Bearing Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Bearing Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing

  • Key Selling Industries
  • Iron and Steel Smelting
  • Real Estate Agents
  • Steel Rolling

  • Products & Services
  • Ball bearings
  • Roller bearings
  • Other bearing products
  • Pillow block bearings
  • Joint bearings
  • Constant velocity joints for automobiles
  • Chart: Bearing Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Downstream demand
  • Exports
  • Economic growth
  • Household disposable income
  • Technology

  • Major Markets
  • Automotive manufacturers
  • Home appliance manufacturers
  • Motor manufacturers
  • Motorcycle manufacturers
  • Other
  • Agricultural vehicle manufacturers
  • Chart: Major Market Segmentation for the Bearing Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Costs
  • Wages
  • Depreciation
  • Rent
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Bearing Manufacturing

  • Basis of Competition
  • Technological competence
  • Price versus quality
  • Brand awareness
  • New product development
  • Production scale

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Bearing Manufacturing Industry

  • Industry Globalization
    Wafangdian Bearing Group Corporation, Wanxiang Group, Zhejiang Tianma Holding Group Co. Ltd., C&U Group Co. Ltd., Luoyang LYC Bearing Co., Ltd.,
  • Table: Wafangdian Bearing Group Corporation - financial performance
  • Table: Wanxiang Group - financial performance
  • Table: Zhejiang Tianma Holding Group Co. Ltd. - financial performance
  • Table: C&U Group Co. Ltd. - financial performance
  • Table: Luoyang LYC Bearing Co., Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Bearing Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Bearing Manufacturing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Ball Bearings
  • Steel balls that maintain the separation between the moving parts of a bearing.
  • Roller Bearings
  • Rollers, usually cylinders, are used to reduce friction between machine parts.
  • Spherical Roller Bearings
  • Rollers that are thicker in the middle and thinner at the ends.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Bearing Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
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    This report on Bearing Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Bearing Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Bearing Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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