Report overview
Electrically insulated bearings refer to the general term for bearings that can block the passage of current and have insulating properties of the bearing itself. The electric insulating bearing adopts a special spraying process, and the outer surface of the bearing is sprayed with a high-quality coating. The coating has a strong bonding force with the substrate and has good insulation performance, which can prevent the occurrence of current corrosion of the motor shaft. Electrically insulated bearing is a new bearing product that integrates machinery, electrical engineering, materials and other science and technology. Compared with traditional bearings, it increases the insulating function of the bearing itself. This kind of bearing is specially designed to prevent electrolytic corrosion. Long operating life and high reliability. It is widely used in railway locomotive traction main motors, hydropower, thermal power, wind power equipment motors, coal mine machinery motors and other occasions that are susceptible to electric shock or stray current passing through.
This report aims to provide a comprehensive presentation of the global market for Electrically Insulated Bearing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electrically Insulated Bearing. This report contains market size and forecasts of Electrically Insulated Bearing in global, including the following market information:
Global Electrically Insulated Bearing Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Electrically Insulated Bearing Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Electrically Insulated Bearing companies in 2022 (%)
The global Electrically Insulated Bearing market was valued at US$ 2592.2 million in 2022 and is projected to reach US$ 3829.4 million by 2029, at a CAGR of 5.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key manufacturers of Electrically Insulated Bearing include SKF, NTN, Schaeffler Group, JTEKT, NSK, etc. Global top five manufacturers hold a share about 60%. Asia Pacific is the largest market of Electrically Insulated Bearing, holds a share over 50%. In terms of product, the Deep Groove Ball Bearings hold a larger segment, with a share over 35%. And in terms of application, the largest application is Traction Motors, with a share of over 35%.
We surveyed the Electrically Insulated Bearing manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electrically Insulated Bearing Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electrically Insulated Bearing Market Segment Percentages, by Type, 2022 (%)
Deep Groove Ball Bearings
Angular Contact Ball Bearings
Cylindrical Roller Bearings
Others
Global Electrically Insulated Bearing Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electrically Insulated Bearing Market Segment Percentages, by Application, 2022 (%)
Traction Motors
Electric Motors
Generators
Others
Global Electrically Insulated Bearing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electrically Insulated Bearing Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electrically Insulated Bearing revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electrically Insulated Bearing revenues share in global market, 2022 (%)
Key companies Electrically Insulated Bearing sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Electrically Insulated Bearing sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
SKF
Schaeffler Group
NSK
NTN
JTEKT
TIMKEN
NACHI
LYC Bearing
NKE
ZWZ
LYRA BEARING
JIUXING
Lily Bearing
BTC Engineering
IKL BEARINGS
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electrically Insulated Bearing, market overview.
Chapter 2: Global Electrically Insulated Bearing market size in revenue and volume.
Chapter 3: Detailed analysis of Electrically Insulated Bearing manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electrically Insulated Bearing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Electrically Insulated Bearing capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
