Abstract
Summary
Oceania and Asian Plain Bearing Market Research Report Forecast to 2034
Market Overview
The Plain Bearing market in Oceania and ASEAN, with a 2024 valuation of $ 1,458.9 million, is poised for significant growth during the forecast period, reflecting a promising CAGR of 5.2%. This growth trajectory is underpinned by key drivers such as rapid industrialization, sustainability necessities, and the expanding automotive sector.
However, the market landscape is marked by intense competition among domestic and international players. Manufacturers continually differentiate their products through technological advancements and superior quality. Economic fluctuations and uncertainties, including currency exchange rates and geopolitical events, can influence industry purchasing power, subsequently impacting the demand for plain bearings.
Amid the prevailing challenges, opportunities emerge. Ongoing and planned infrastructure development projects in Oceania and ASEAN present a promising avenue for the plain bearing market. Construction activities, including the development of roads, bridges, and other infrastructure, drive the demand for machinery equipped with reliable plain bearings.
Additionally, the integration of digital technologies and the adoption of Industry 4.0 practices open new horizons. Smart bearings, equipped with sensors for condition monitoring and predictive maintenance, gain traction, offering efficiency improvements and cost savings to industries navigating the digital era.
Market Segmentation
The OCEANIA and ASEAN Plain Bearing market is segmented, based on type, into Journal, Linear, Thurst, Angular Contact, and Others.
The OCEANIA and ASEAN Plain Bearing market is segmented, based on End Use, into Automotive, Industrial, Aerospace, Energy, Construction Machinery, Agriculture and Gardening, Equipment, Oilfield Machinery, and Others.
The global market is segmented, based on region, into Oceania and ASEAN.
Major Players
The major market players are Osaka (Japan), Gothenburg (Sweden), Herzogenaurach (Germany), Ohio (United States), Tokyo (Japan), Wellsford (New Zealand), Connecticut (US), Dettingen an der Erms (Germany), Wisconsin (US), Sigmaringendorf (Germany), Saint-Gobain (France), Daido Metal Company Ltd (Japan), Oiles Corporation (Japan), Igus (Germany), SBS – Singa Bearings Solutions (Singapore), SLS Bearings (Singapore), and Federal-Mogul DEVA GmbH (Germany).
Table of Contents
1 EXECUTIVE SUMMARY 13
1.1 MARKET ATTRACTIVENESS ANALYSIS 14
1.1.1 GLOBAL OCEANIA AND ASEAN PLAIN BEARING MARKET, BY TYPE 14
1.1.2 GLOBAL OCEANIA AND ASEAN PLAIN BEARING MARKET, BY END USE 15
2 MARKET INTRODUCTION 16
2.1 DEFINITION 16
2.2 SCOPE OF THE STUDY 16
2.3 RESEARCH OBJECTIVE 16
2.4 MARKET STRUCTURE 17
3 RESEARCH METHODOLOGY 18
3.1 DATA MINING 18
3.2 SECONDARY RESEARCH 19
3.3 PRIMARY RESEARCH 19
3.3.1 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS 20
3.3.2 BREAKDOWN OF PRIMARY RESPONDENTS 20
3.4 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 22
3.4.1 BOTTOM-UP APPROACH 23
3.4.2 TOP-DOWN APPROACH 23
3.5 DATA VALIDATION 24
3.6 ASSUMPTIONS & LIMITATIONS 24
4 MARKET DYNAMICS 25
4.1 INTRODUCTION 25
4.2 DRIVERS 27
4.2.1 INDUSTRIALIZATION ACCELERATION 27
4.2.2 SUSTAINABILITY FOCUS 27
4.2.3 AUTOMOTIVE SECTOR EXPANSION 28
4.3 RESTRAINT 29
4.3.1 INTENSE MARKET COMPETITION 29
4.4 OPPORTUNITIES 30
4.4.1 INFRASTRUCTURE DEVELOPMENT 30
4.4.2 DIGITAL INTEGRATION (INDUSTRY 4.0) 30
4.5 CHALLENGES 31
4.5.1 ECONOMIC FLUCTUATIONS 31
5 MARKET FACTOR ANALYSIS 32
5.1 VALUE CHAIN ANALYSIS 32
5.1.1 RAW MATERIAL PROCUREMENT 33
5.1.2 PROCESSING 33
5.1.3 PACKAGING 33
5.2 SUPPLY CHAIN ANALYSIS 34
5.2.1 RAW MATERIAL SOURCING 34
5.2.2 DESIGNING 35
5.2.3 MANUFACTURING 35
5.2.4 DISTRIBUTION 35
5.2.5 END USER 36
5.3 PORTER’S FIVE FORCES MODEL 37
5.3.1 BARGAINING POWER OF SUPPLIERS 37
5.3.2 BARGAINING POWER OF BUYERS 38
5.3.3 THREAT OF NEW ENTRANTS 38
5.3.4 THREAT OF SUBSTITUTES 39
5.3.5 INTENSITY OF RIVALRY 39
5.4 IMPACT OF CORONAVIRUS OUTBREAK ON GLOBAL MARKET 40
5.4.1 IMPACT ON PRODUCTION 40
5.4.2 IMPACT ON CONSUMER BUYING BEHAVIOUR 40
5.4.3 IMPACT OF COVID-19 ON SUPPLY CHAIN 41
5.4.4 IMPACT ON PRICING 41
6 OCEANIA AND ASEAN PLAIN BEARING MARKET, BY TYPE 42
6.1 INTRODUCTION 42
6.2 JOURNAL 43
6.3 LINEAR 43
6.4 THURST 43
6.5 ANGULAR CONTACT 44
6.6 OTHERS 44
7 GLOBAL OCEANIA AND ASEAN PLAIN BEARING MARKET, BY END USE 45
7.1 INTRODUCTION 45
7.2 AUTOMOTIVE 46
7.3 INDUSTRIAL 46
7.4 AEROSPACE 47
7.5 ENERGY 47
7.6 CONSTRUCTION MACHINERY 47
7.7 AGRICULTURE AND GARDENING EQUIPMENT 47
7.8 OILFIELD MACHINERY 47
7.9 OTHERS 48
8 OCEANIA AND ASEAN PLAIN BEARING MARKET, BY REGION 49
8.1 INTRODUCTION 49
8.2 OCEANIA 50
8.2.1 AUSTRALIA 53
8.2.2 NEW ZEALAND 54
8.2.3 REST OF OCEANIA 55
8.3 ASEAN 56
8.3.1 INDONESIA 59
8.3.2 MALAYSIA 60
8.3.3 MYANMAR 61
8.3.4 SINGAPORE 62
8.3.5 PHILIPPINESN 63
8.3.6 THAILAND 64
8.3.7 VIETNAM 65
8.3.8 REST OF ASEAN 66
9 COMPETITIVE LANDSCAPE 67
9.1 COMPETITIVE OVERVIEW 67
9.2 COMPETITIVE BENCHMARKING 68
9.3 KEY PLAYERS MARKET SHARE ANALYSIS 69
9.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 69
9.4.1 PARTNERSHIP, AGREEMENT AND COLLABORATION 69
9.4.2 EXPANSION 69
10 COMPANY PROFILES 70
10.1 NTN CORPORATION 70
10.1.1 COMPANY OVERVIEW 70
10.1.2 FINANCIAL OVERVIEW 70
10.1.3 PRODUCTS OFFERED 71
10.1.4 SWOT ANALYSIS 71
10.1.5 KEY STRATEGY 72
10.2 SKF GROUP 73
10.2.1 COMPANY OVERVIEW 73
10.2.2 FINANCIAL OVERVIEW 74
10.2.3 PRODUCTS OFFERED 75
10.2.4 KEY DEVELOPMENTS 75
10.2.5 SWOT ANALYSIS 76
10.2.6 KEY STRATEGY 76
10.3 SCHAEFFLER GROUP 77
10.3.1 COMPANY OVERVIEW 77
10.3.2 FINANCIAL OVERVIEW 78
10.3.3 PRODUCTS OFFERED 78
10.3.4 SWOT ANALYSIS 79
10.3.5 KEY STRATEGY 79
10.4 TIMKEN COMPANY 80
10.4.1 COMPANY OVERVIEW 80
10.4.2 FINANCIAL OVERVIEW 81
10.4.3 PRODUCTS OFFERED 81
10.4.4 SWOT ANALYSIS 82
10.4.5 KEY STRATEGY 82
10.5 THK CO., LTD 83
10.5.1 COMPANY OVERVIEW 83
10.5.2 FINANCIAL OVERVIEW 84
10.5.3 PRODUCTS OFFERED 84
10.5.4 SWOT ANALYSIS 85
10.5.5 KEY STRATEGY 85
10.6 ALLOY BEARINGS 86
10.6.1 COMPANY OVERVIEW 86
10.6.2 PRODUCTS OFFERED 86
10.6.3 KEY DEVELOPMENTS 86
10.6.4 SWOT ANALYSIS 87
10.6.5 KEY STRATEGY 87
10.7 RBC BEARINGS INC 88
10.7.1 COMPANY OVERVIEW 88
10.7.2 FINANCIAL OVERVIEW 88
10.7.3 PRODUCTS OFFERED 89
10.7.4 KEY DEVELOPMENTS 89
10.7.5 SWOT ANALYSIS 90
10.7.6 KEY STRATEGY 90
10.8 ELRINGKLINGER AG 91
10.8.1 COMPANY OVERVIEW 91
10.8.2 FINANCIAL OVERVIEW 92
10.8.3 PRODUCTS OFFERED 92
10.8.4 SWOT ANALYSIS 93
10.8.5 KEY STRATEGY 93
10.9 REGAL REXNORD CORPORATION 94
10.9.1 COMPANY OVERVIEW 94
10.9.2 FINANCIAL OVERVIEW 94
10.9.3 PRODUCTS OFFERED 95
10.9.4 SWOT ANALYSIS 95
10.9.5 KEY STRATEGY 95
10.10 ZOLLERN GMBH & CO. KG 96
10.10.1 COMPANY OVERVIEW 96
10.10.2 PRODUCTS OFFERED 96
10.10.3 KEY DEVELOPMENTS 96
10.10.4 SWOT ANALYSIS 97
10.10.5 KEY STRATEGY 97
10.11 SAINT-GOBAIN (CERTAINTEED CORPORATION) 98
10.11.1 COMPANY OVERVIEW 98
10.11.2 FINANCIAL OVERVIEW 99
10.11.3 PRODUCTS OFFERED 99
10.11.4 KEY DEVELOPMENTS 100
10.11.5 SWOT ANALYSIS 100
10.11.6 KEY STRATEGY 100
10.12 DAIDO METAL CO., LTD 101
10.12.1 COMPANY OVERVIEW 101
10.12.2 FINANCIAL OVERVIEW 102
10.12.3 PRODUCTS OFFERED 102
10.12.4 SWOT ANALYSIS 103
10.12.5 KEY STRATEGY 103
10.13 OILES CORPORATION 104
10.13.1 COMPANY OVERVIEW 104
10.13.2 FINANCIAL OVERVIEW 105
10.13.3 PRODUCTS OFFERED 105
10.13.4 SWOT ANALYSIS 106
10.13.5 KEY STRATEGY 106
10.14 IGUS 107
10.14.1 COMPANY OVERVIEW 107
10.14.2 PRODUCTS OFFERED 107
10.14.3 SWOT ANALYSIS 108
10.14.4 KEY STRATEGY 108
10.15 SBS - SINGA BEARINGS SOLUTIONS 109
10.15.1 COMPANY OVERVIEW 109
10.15.2 PRODUCTS OFFERED 110
10.15.3 SWOT ANALYSIS 110
10.15.4 KEY STRATEGY 110
10.16 SLS BEARINGS (S) PTE LTD 111
10.16.1 COMPANY OVERVIEW 111
10.16.2 PRODUCTS OFFERED 111
10.16.3 SWOT ANALYSIS 112
10.16.4 KEY STRATEGY 112
10.17 FEDERAL-MOGUL DEVA GMBH 113
10.17.1 COMPANY OVERVIEW 113
10.17.2 PRODUCTS OFFERED 113
10.17.3 SWOT ANALYSIS 114
10.17.4 KEY STRATEGY 114