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China Only Occupies 10% of World Bearing Market Shares

2017-10-10

According to related investigation statistics, top 10 transnational bearing group took 80% of world bearing market shares, five big companies including NSK 10 billion dollars, Sweden SKF 5.5 billion dollars, two companies including German FG about 5 billion dollars, two companies including American TIMKEN 4 billion dollars. As for the top five companies in Japan, even the one with the least market sales can still achieve 1 billion dollars.


According to the regions, the global bearing market can be divided into Asian and Oceania market, European market, North American market, Latin American market and African market, separately occupying 40%, 31%, 25%, 3% and 1% shares.


From the view of countries, American market is the biggest, occupying 23% of the whole world; the second is European countries, 21%; Japan, 19%; China, 10%; Russia, 6%; India, 4%; other countries, 17%.


Source SKET BEARING

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