Global Linear Bearings Market By Product Type (Plain Linear Bearings And Rolling Linear Bearings), By Application (Automotive Industry, Machinery & Equipment, Medical Devices, and Others ), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Linear Bearings Market By Product Type (Plain Linear Bearings And Rolling Linear Bearings), By Application (Automotive Industry, Machinery & Equipment, Medical Devices, and Others ), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)
Trusted Business Insights has published a comprehensive market research report on, Global Linear Bearings Market by Product Type (Plain Linear Bearings and Rolling Linear Bearings), By Application(Automotive Industry, Machinery & Equipment, Medical Devices, Aerospace & Defence and Other Applications), and by Region -Global Forecast to 2030, which offers a holistic view of the global Linear Bearings market through systematic segmentation that covers every aspect of the target market.

The global Linear Bearings market was valued at US$ 5,146.4 Mn in 2020 and is expected to reach US$ 9,890.0 Mn by 2030 at a CAGR of 6.8%.

Linear bearings are bearings used to provide free motion to the load on a rail in one direction. These bearings are practically used in almost all kinds of machineries. Linear bearings are used in applications where a component needs to be moved along a straight line with high accuracy. The object may also need to be returned to its origin with high repeatability. Linear bearings come in a variety of styles and have wide load capacities. A roller bearing, carries a load by placing rolling balls or rollers between two bearing rings called races. These bearings are comprised of an outer ring and several rows of balls retained by cages. Roller bearings are manufactured in two styles namely -ball slides and roller slides. Various types of linear bearings are designed according to the machining requirement. For instance, miniature linear bearings might work well moving a biologic slide sample just a few millimeters beneath a microscope lens, while industrial-bearings on injection molding machines carry tooling of several tons. Linear bearing is mounted on either a square or round rail depending on requirements of the application. The rolling element of the bearing, whether it be ball or roller slides, helps move a load with ease.

Favorable government initiatives such as Make in India, Made in China 2025 towards growth of domestic manufacturing sector of several emerging economies, is expected to increase focus manufacturing activities, thereby fueling demand for linear bearings in coming years.


Global Linear Bearings Market Revenue (US$ Mn), 2021 to 2030
 

However, high cost of linear bearings, as compared to its counterpart, is expected to restrain growth of the global linear bearings market to a certain extent. Nonetheless, introduction of smart bearings from several key manufacturers is expected to provide lucrative opportunities to the players in the market. Smart bearings contain universally self-aligning bearing plates, which eliminates the need for derating factors commonly required for linear guides, as well as provide enhanced load capacity. This factor is further expected to augment market for global linear bearings market.
Global Linear Bearings market is segmented on the basis of product type, application and region. On the basis of product type, the market is segmented into Plain Linear Bearings and Rolling Linear Bearings. The Rolling Linear Bearings segment accounts for the majority share and is expected to register highest growth over forecast period, followed by Plain Linear Bearings segment. On the basis of application, the market is segmented into Automotive Industry, Machinery & Equipment, Medical Devices, Aerospace & Defence and Other Applications. The Machinery & Equipment segment accounts for a majority share in the global Linear Bearings market.


Global Linear Bearings Market by Product Type, 2018


On the basis of region, the market is segmented into North America, Europe, China, Japan, Southeast Asia, India, South America, Middle East Africa and rest of the World. The China accounts for the majority share in the global Linear Bearings market and is expected to register highest growth rate over forecast period.

The research report on the global Linear Bearings market includes profiles of some of major companies such as JTEKT Corporation, Nippon Bearing Co. Ltd., SKF AB, SAMICK Precision Ind. co., Ltd., NTN Corporation, RBC Bearings, Inc. and IKO International, Inc.



Below are the active patents related to Linear Bearings Market.


Patent Number: US9795824B2

Linear bearings and alignment method for weight lifting apparatus

Abstract

A weight system having at least one weight stack moveable in a vertical direction on a lift rod, and a bearing block for housing a linear bearing. The invention further includes a method and apparatus for aligning the linear bearing.

Application File Date: 2015-12-01

Application Granted Date: 2017-10-24

Current Assignee: WHITEROCK EXERCISE Inc

Key Market Segments:

By Product

  
Standard Linear Bearing
  
Superball Bearing
  
Flanged Linear Bearing
  
Linear Bearing Carriage
  
Ceramic Linear Bearing
  
Stainless Linear Bearing

By Application

  
Automotive
  
Agriculture
  
Medical
  
Aerospace & Defense
  
Machinery & Equipment
  
Others


Key Market Players included in the report:


  


  
FAG
  
IKO International Inc
  
JTEKT Corporation
  
KBS
  
Koyo
  
LYC
  
Misumi
  
MPS Microsystem
  
NBB-Bearing
  
Ningbo Yinzhou Weixing Bearing Co. Ltd.
  
Nippon Bearing Co. Ltd.
  
NMB
  
Norgren Inc.
  
NSK Ltd
  
NTN Bearing Corporation
  
RBC Bearings Inc.
  
SAMICK Precision Ind. co. Ltd.
  
Schaeffler Technologies AG & Co. KG
  
SKF AB




  
TBI
  
THK Co. Ltd.


Below are the key development related to Linear Bearings Market in 2020 and 2021.


March 2021: NSK Completes Acquisition of BrUel & KjAr Vibro. NSK Ltd. has completed the acquisition of the global condition monitoring system (CMS) business known as BrUel & KjAr Vibro (B&K Vibro) from Spectris Plc., in line with the initial announcement made on December . The acquisition will accelerate development of NSKs business platform in the growing CMS market, and further strengthen the companys ability to respond to demand for automation, labor savings, smart technology, and environmentally sustainable solutions. NSKs main products, including bearings, ball screws, and linear guides, are vital components that directly affect the function and performance of machinery. NSKs wealth of data and technology related to these components will prove to be invaluable in enhancing and developing B&K Vibros next-generation predictive maintenance systems and delivering new value to the market. Source

February 2021: Auburn Bearing & Manufacturing acquires Aurotek TSB, Inc. Auburn Bearing & Manufacturing Inc, an American-based designer and manufacturer of thrust bearings, custom bearings, and precision components, has acquired the assets of Aurotek TSB, Inc. Aurotek TSB, Inc. is specialized in the production of precision thin section bearings for a broad array of industries. These bearings are used in a variety of applications, namely, for use in defense weapon systems, medical equipment, radar equipment, aerospace guidance systems, packaging machines, industrial assembly machines, and robotics for security, medical, nuclear, and defense systems. Peter Schroth, President of Auburn Bearing & Manufacturing, notes that this acquisition aligns with the company’s strategy of expanding its product offerings to include American-made precision radial bearings, along with its current thrust ball and roller bearings, in low- to mid-volume production runs and with reasonable lead times. Source

January 2021 : LM76 Provides Super Wear Resistant FDA-USDA Compliant Cam Follower Bearings. Available in 12 sizes these all new cam follower bearings integrate: Stainless steel studs, hybrid stainless steel/ceramic bearings, FDA approved Lubricant, and poly-crystalline non-metallic tires. Mounted on stainless steel studs, LM76s CERAMICSPEED hybrid radial bearings incorporate a stainless steel race and low friction ceramic balls that can handle high loads, are capable of high speed operation, and have an exceptionally long service life. The tire is formed from a super wear resistant poly-crystalline compound that has no soft spots and will not deform under pressure. Developed for applications in food and drink processing, dairy, poultry and meat processing, medical, pharmaceutical and Bio-Pharma industries these cam follower bearings can be repeatability sanitized with caustic cleaning agents, steam, and high pressure washes. The smallest of the series of cam follower bearings is the X1-6, having a 0.625 in. O.D. and capable of handling a 60 lb load. The largest of the 12 is the X1-20 with an O.D. of 2.000 in. and is capable of handling a 560 lb load. Each bearing is permanently lubricated with FDA SLT DRYLUBE which coats the race and balls and not displaced by high pressure or caustic chemicals. LM76 also manufacturers a broad variety of FDA & USDA compliant bearings and shafting, in inch sizes of .25 inches to 1.5 inches, and a FDA & USDA compliant profile rail and slide system that can easily be integrated into new and existing applications. The bearing options include: Self-lubricating FDA & USDA compliant Teflon® composite bearings in a 304 stainless steel shell, and lower cost bearings with a ceramic coated shell and FDA & USDA compliant liner. Bearings are available in closed and open configurations, and are drop-in replacements for all inch sized linear ball bearings. Source