Summary
Bearings are used as a mechanical component to transfer the power and to move a certain part, and this is done by utilizing the small frictional force of the bearings, which makes them rotate easily (or move in one direction easily), all the while withstanding the force and weight load acting against them.
This report contains market size and forecasts of Bearings in Vietnam, including the following market information:
Vietnam Bearings Market Revenue, 2015-2020, 2021-2026, ($ millions)
Top Five Competitors in Vietnam Bearings Market 2019 (%)
The global Bearings market was valued at 55070 million in 2019 and is projected to reach US$ 64040 million by 2026, at a CAGR of 3.8% during the forecast period. While the Bearings market size in Vietnam was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.
COVID-19 pandemic has big impact on Bearings businesses, with lots of challenges and uncertainty faced by many players of Bearings in Vietnam. This report also analyses and evaluates the COVID-19 impact on Bearings market size in 2020 and the next few years in Vietnam
Total Market by Segment:
Vietnam Bearings Market, By Type, 2015-2020, 2021-2026 ($ millions)
Vietnam Bearings Market Segment Percentages, By Type, 2019 (%)
Ball Bearing
Roller Bearing
Vietnam Bearings Market, By Application, 2015-2020, 2021-2026 ($ millions)
Vietnam Bearings Market Segment Percentages, By Application, 2019 (%)
Automotive Industry
Industrial Machine
Aerospace Industry
Others
Competitor Analysis
The report also provides analysis of leading market participants including:
Total Bearings Market Competitors Revenues in Vietnam, by Players 2015-2020 (Estimated), ($ millions)
Total Bearings Market Competitors Revenues Share in Vietnam, by Players 2019 (%)
Further, the report presents profiles of competitors in the market, including the following:
SKF
Schaeffler
NSK
NTN
JTEKT
Timken
NMB Minebea
Rexnord
NACHI
LYC
RBC Bearings
ZWZ
C&U GROUP
Rothe Erde