The Bearing and Gear Manufacturing industry manufactures a wide range of ball bearings, gearboxes, clutches, transmission shafts, flywheels, pulleys and a variety of related parts. These products are sold to machinery and equipment manufacturers around the world. Trends in imports and exports have a significant influence on the industry's performance, since exports account for the majority of industry revenue and imports satisfy the bulk of domestic demand. However, both imports and exports are artificially inflated by re-exports.
Companies in the industry manufacture ball and roller bearings, mechanical power transmission chains, clutches, flywheels, pulleys, gears and gearboxes, and the relevant parts. Operators do not assemble power transmission equipment used in vehicles or aircraft. The manufacture of hydraulic transmission equipment and electromagnetic clutches is also excluded from the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.
