U.S. electrical bearings market, 2016-2027 (USD Million)

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Summary Basic
  • Published Date Apr, 2021
  • Region/Country U.S.
  • Time Period 2016-2027
  • Source
  • Share
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U.S. electrical bearings market size and growth

This statistic shows the U.S. electrical bearings market estimate from 2016 to 2019, with a forecast until 2027. The U.S. electrical bearings market size was valued at USD 359.7 million in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2021 to 2027.

U.S. electrical bearings market summary

Chart Attribute Details
Market size value in 2019 USD 359.7 million
Revenue forecast in 2027 USD 517.5 million
Growth rate CAGR of 4.6% from 2020 to 2027
Base year for estimation 2019
Historical data 2016-2018
Forecast period 2020-2027
Quantitative units Value in USD Million and CAGR from 2020 to 2027
Country scope U.S.
Global market players
  • Brammer PLC
  • Harbin Bearing Manufacturing Co. Ltd.
  • HKT Bearings Ltd.
  • JTEKT Corporation
  • NBI Bearings Europe
  • NSK Global
  • NTN Corporation
  • RBC Bearings Inc.
  • Rexnord Corporation
  • RHP Bearings
  • Schaeffler Group
  • SKF Corporation
  • The Timken Company
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    Frequently Asked Questions
    b. The U.S. electrical bearings market size was estimated at USD 359.7 million in 2019 and is expected to reach USD 376.6 million in 2020.
    b. The electrical bearings market, in terms of revenue, is expected to grow at a compound annual growth rate of 4.6% from 2020-2027 to reach USD 517.5 million by 2027.
    b. Some of the global market players operating in electrical bearings market include :
    Brammer PLC
    Harbin Bearing Manufacturing Co. Ltd.
    HKT Bearings Ltd.
    JTEKT Corporation
    NBI Bearings Europe
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