The Report "Slewing Bearings Market Analysis- By Gear Types (Ungeared,
External Gear, Internal Gear); By Construction (Single-row Four Point Contact
Ball, Cross roller, Double roller); By Applications (Excavation, Medical,
Turbines) with Forecast (2015 - 2020)” Published By IndustryARC; the market
is estimated to increase to $4.2 Billion by 2020 at a CAGR of 6.9%
Browse
31 Market Tables & 56 Figures spread through 169 Pages and an in-depth TOC
on "Slewing Bearings Market" http://industryarc.com/Report/6346/Slewing-Bearings-Market-Research-Report.html
Slewing
Bearing is a rotational bearing component which usually is used
in machines which requires heavy and bulky load handling. These bearings help
in developing to and fro movements as well as rotational movements. Basically
these are the machine elements, that work based on axial and radial forces
which results in tilting moments. Slewing bearing arrangement provides several
performance and design benefits over traditional bearings. Earlier slewing bearings
were designed only to support horizontal arrangements, but now they are also
used in vertical bearing structures.
Driving
Factors and Applications:
To mention the major propelling developing
end use industries of the Slewing
Bearings Market:
- Solar Energy
- Wind Energy
- Healthcare and more
Applications of this market being:
Slewing
bearings is a market which is critical in almost all industries,
from simple applications such as to facilitate the movement of winches to
complex applications such as in drilling
and excavator machines, offshore
cranes and so on. They are critical in optimizing efficiency, and they are
often the control element in the operation of various equipment. Slewing Bearings used in medical
equipment enables patient comfort by providing effective rotating function,
design flexibility and reliability.
- In Access Platforms
- Cranes
- Stackers
- Bottling Machines
- Wind Turbines & Heliostats
- Robotic Equipment
- In Mining
- Water Treatment
- Material Handling Equipment and more.
Market
Trends:
According
to IndustryARC, Slewing Bearings Market is accounted to be a 2.45$ Billion
Industry. This revenue is set to grow further during the forecast
period 2015-2020 due to the increasing number of manufacturers across the
world.
Regionally, Europe
and APAC are the leading markets of Slewing
Bearings and Rings. The dominant position of these regions in the market is
due to the Established Construction, Excavation and Communication Equipment
Industries.
Segment
wise:
Slewing
Bearings and Rings are majorly involved in conserving renewable
energy by using resources such as solar panels, tidal and wind turbines.
The installed wind capacity is forecasted to grow
at a CAGR of 12% through 2015 to 2020 and is a major driver for this market.
REPORT
SCOPE: Market Segmentation:
Slewing
Bearings Market is precisely segmented into 5 broad segments
based on these factors:
- By Gear Type: Ungeared, External Gear and Internal Gear.
- By Construction/Design: Cross Roller Slewing Ring Bearing, Double-row Ball Slewing Ring Bearings and Others.
- By Rolling Element: Ball, Roller, Track and Combined Ball & Roller.
- By Applications: Construction industry, Wind Turbines, Radar and Others.
- By Geography: Americas, Europe, APAC and ROW.
Key
Players:
Slewing
Bearings Industry has a large number of small and medium sized
producers and a few large sized producers. This market is fragmented yet three
major players are present that control a major chunk of the market share. ThyssenKrupp Group, IMO Group and SKF Group control 40% of the market share and are looking
to expand even further by acquiring or merging with local smaller sized
manufacturers. Few companies mentioned
in the report are as follows:
- Kaydon Corporation
- LYC North America, Inc.
- NSK Ltd.
- PSL, a.s.
- Roballo Engineering Co Ltd.
About
IndustryARC:
IndustryARC
is a research and consulting firm that publishes more than 500 reports annually
in various industries, such as Agriculture, Automotive, Automation &
Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food
& Beverages, Information Technology, Life sciences & Healthcare.
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primarily focuses on Cutting Edge Technologies and Newer Applications of the
Market. Our Custom Research Services are designed to provide insights on the
constant flux in the global demand-supply gap of markets. Our strong analyst
team enables us to meet the client research needs at a very quick speed with a
variety of options for your business.
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