Slewing Bearings Market by Type & Application - 2020 | IndustryARC

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Web - www.industryarc.com Mail – [email protected] Slewing Bearings Market Forecast (2015 - 2020)

Transcript of Slewing Bearings Market by Type & Application - 2020 | IndustryARC

Page 1: Slewing Bearings Market by Type & Application - 2020 | IndustryARC

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Slewing Bearings Market Forecast (2015 - 2020)

Page 2: Slewing Bearings Market by Type & Application - 2020 | IndustryARC

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.

Slewing Bearings Market Forecast (2015 - 2020)

Slewing Bearings Market Overview

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Page 3: Slewing Bearings Market by Type & Application - 2020 | IndustryARC

Slewing Bearings Market Forecast (2015 - 2020)

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The Global Market for Slewing Bearings is fragmented and is estimated to be around

$2.85 Billion in 2014. It is characterized by large number of small and medium

manufacturers with few large scale manufacturers.

The Market is estimated to increase to $4.2 Billion by 2020 at a CAGR of 6.9% according

to a recent study from IndustryARC. The driving factors for this growth are the

increasing demand for renewable energy sources, material handling equipment and

marine vessels. Marine vessels are one among the major applications of slewing

bearings and are estimated to grow at a CAGR of 12.2% to $602Million by 2020.

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Slewing Bearings Market Estimations

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Market Revenue

Slewing Bearings Market Forecast (2015 - 2020)

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To mention the major propelling developing end use industries of the Slewing Bearings

Market:

Solar Energy

Wind Energy

Healthcare and more

Slewing Bearings Market Driving Factors and Applications

Slewing Bearings Market Forecast (2015 - 2020)

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Slewing Bearings find their application in wide range of applications across industries:

In Access Platforms

Cranes

Stackers

Bottling machines

Wind Turbines & heliostats

Robotic equipment

In Mining

Water Treatment

Material handling equipment and so on.

Slewing Bearings Market Driving Factors and Applications

Slewing Bearings Market Forecast (2015 - 2020)

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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.

Slewing Bearings Market Segmentation

Slewing Bearings Market Forecast (2015 - 2020)

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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.

Installation of solar plants is increasing majorly in India, China and South America.

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.

Key Market Insights of Slewing Bearings Market

Slewing Bearings Market Forecast (2015 - 2020)

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Slewing Bearings Market Forecast (2015 - 2020)

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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. Few

companies mentioned in the report are as follows:

Kaydon Corporation

LYC North America, Inc.

NSK Ltd.

PSL, a.s.

Roballo Engineering Co Ltd.

Key Market Players of Slewing Bearings Market

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RESEARCHOur research experts bring in more than 20 years of rich experience in various industries

ANALYTICSWith our Business & Strategic analytic solutions we help companies take decisions by keeping them up to date about day to day sales of their products, competitors analysis, risk factors and operational environment.

CONSULTINGOperational efficiency and strategies can benefit a great deal from our business consulting services. It allows companies to create newer business models and embrace advanced technologies.

INDUSTRY KNOWLEDGEApart from the in-house databases, we have access to more than 10 premium industry databases which regularly updates us with the day to day industry trends and investment opportunities.

RESEARCH

CONSULTINGANALYTICS

INDUSTRY KNOWLEDGE

We map your specific role and requirement to our offerings and provide

you A customized and personalized business solution.

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ABOUT US - WE ARE ALL ABOUT ANALYTICS, RESEARCH AND CONSULTING

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Analytical Method Base Model Consolidated Model Delphi Verification Base Method Consolidation Method

1. Granular breakdown of drivers into factors2. Validating all factors in terms of their present impact on the market. 3. Assigning weights to these factors in terms of their relevance & impact on the market. 4. Build the

1. Get a top down Estimate of the market2. Follow it up with a bottom up estimate of the market. 3. Check for consistency and new growth factors that that are relevant over the next 10 Years4. Build the

1.Granular breakdown of the drivers into factors2. Validating all factors in terms of their present impact on the market. 3. Assigning weights to these factors in terms or their relevance & impact on the market. 4. Build the

1. Verify the findings of the model with experts from across the value chain.2. Verify the findings with players across small and large enterprises3. Tweak the model and add new factors4. Finalize the

Base model Consolidated Model ARC Model

OUR PROPRIETARY MODELS DERIVED FROM OUR ROBUST PROCESSES ENSURE HIGH ACCURACY

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Con

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Analytical Model

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THE ARC PROCESS

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