The global cross roller bearings market is likely to gain impetus from the increasing number of automated machinery and rise in the standard of living of people. According to a report by Fortune Business Insights, titled, “Cross Roller Bearings Market Size, Share and Global Trend by Type (Single Inner and Split Outer Ring, Split Inner and Single Outer Ring, Others), By Dimension (18 to 50mm, 50 to 150mm, 150 to 250 mm, 250 to 400 mm, 400 to 630 mm, 630 to 800 mm, >800 mm), By Industrial Vertical (Industrial Machinery, Medical Systems, Robotics, Semiconductor Manufacturing Equipment) and Geography Forecast till 2026,” the global market was valued at US$ 1,261.9 Mn in 2018. The market is projected to reach US$ 1,519.9 Mn by 2026, exhibiting a CAGR of 2.36% during the forecast period from 2019 – 2026.
Top Players
• AEC
• Luoyang Ouna Bearing Co. Ltd. (ONA)
• NSK Ltd.
• JTEKT Corporation (Koyo)
• The Timken Company
• ISB Bearing
• Schaeffler Technologies AG & Co. KG
• Hiwin Corporation
• LYC Bearing Corporation
• SKF
• IKO International Inc. / Nippon Thompson Co. Ltd.
• CPM S.p.A
• Luoyang Huigong Bearing Technology Co. Ltd. (CHG)
• NTN Bearing Corporation
• Franke GmbH
INDUSTRY DEVELOPMENT:
• August 2018: The Timken Company completes acquisition of ABC Bearings Ltd in order to expand its presence in India and enhance export capabilities across the global market.
• April 2017: The Timken Company acquired the shares of Torsion Control Products Inc. This acquisition was completed to develop special bearings.
- By Region
• North America (The U.S. and Canada)
• Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
• Latin America (Brazil, Mexico and Rest of Latin America)
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