Overview

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.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Bearings - Recent Price Trend

In the past three years, the average price of bearings has been rising at an estimated annualized rate of 1.1%. This slow price growth stems from the combination of stronger demand from the energy sector, weaker demand from defense applications and lower input costs.During the past three years, the widespread use of fracking and horizontal drilling techniques to extract previously untapped oil...

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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 life span of a bearing is about two to five years if it is frequently used or up to 20 years for infrequent use. Additionally,...

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About this Report

This report is intended to assist buyers of bearings intended for industrial use. Bearings, which are typically comprised of balls or rollers, are machine components that constrain motion between moving parts in order to minimize friction and facilitate a specific type of movement. Varieties of bearings include flanged, radial and wheel bearings. Suppliers include manufacturers and distributors. This report does not include the procurement of wheels or pivots.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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