Material Handling Bearings Market is Forecasted to Reach US$ 2.3 billion in 2026, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global Material Handling Bearings Market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

https://www.stratviewresearch.com/Request-Sample/1958/material-handling-bearings-market.html#form           

Market Statistics:

Market Size in 2020: US$ 1.6 billion

Market Size in 2026: US$ 2.3 billion

Growth (CAGR): 5.9% during 2021-2026

Cumulative Sales Opportunity 2021 to 2026: US$ 12.311 billion

Leading Bearing Type: Roller bearings

Leading Application Type: Conveyor bearings

Leading Region: Europe

Forecast Period: 2021-2026

Trend Period: 2015-2019

Base Year: 2020

Number of Segments Covered: 3

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Electric Vehicle (EV) Ducts Market:

The global Material Handling Bearings Market is segmented based on Bearing type, Application type and region.

Based on Bearing Type

• Based on the bearing type, the market is segmented as ball bearing, roller bearing, plain bearing and others.
• Ball bearings are further classified as angular contact ball bearing, deep groove ball bearing, and others. In a similar way, roller bearings are further classified as Tapered roller, cylindrical roller, spherical roller, and others.
• Roller bearings are expected to remain the largest segment of the market during the forecast period, driven by spherical roller bearings’ high load carrying capacity and ability to accommodate misalignment, helping OEMs obtain low maintenance costs and long bearing service life.

Based on Application Type

• Based on the application type, the market is segmented as conveyor, chain & hoist, forklift and others.
• The conveyor bearings are expected to remain the dominant segment of the market during the forecast period.
• Conveyors are popularly used across industries as they lessen footprint by maximizing space, improve efficiency, boost accuracy, bring down production and labor costs, and enhances workforce safety.
• Forklift bearing segment is likely to witness significant growth during the forecast period as they are an essential aspect of every material handling operation and aid in the movement of large or numerous products.

To know the most attractive segments, click here for a free sample of the report:

https://www.stratviewresearch.com/Request-Sample/1958/material-handling-bearings-market.html#form     

Which region shows the most promising growth forecast and opportunity?

The analysis suggests that Europe is expected to be the largest market for material handling bearings during the forecast period. This growth outlook is mainly attributed to the following:

• Germany is the largest market in the region driven by the dominance of the country in industries such as automobile, electronics, food & beverage, and manufacturing, creating huge demand for material handling equipment.

On the other hand, Asia-Pacific, is expected to register the fastest growth during the forecast period, led by growing infrastructure activities and expanding manufacturing sectors in emerging economies of the region. China is anticipated to be the fastest growing market in the regional landscape.

Material Handling Bearings Market Drivers:

Some of the key drivers listed in the report are given below.

• Warehouse & logistics automation surge — rapid growth in e‑commerce and just‑in‑time inventory systems is driving demand for durable bearings in conveyor, forklift, and robotics systems.
• Industrial automation expansion — increased use of automated material handling equipment across manufacturing and distribution centers fuels demand for precision, low‑vibration bearings.
• Smart/IoT‑enabled sensor bearings — rising integration of condition‑monitoring and predictive maintenance features boosts adoption in high‑uptime logistics environments.
• Evolving bearing materials & low‑friction designs — innovations in hybrid, ceramic, and energy‑efficient materials support high‑speed and long‑life applications in conveyors and forklifts.

Key players

Competitive Landscape: Top 10 Companies in the Electric Vehicle (EV) Ducts Market:

The market is moderately fragmented, with over 20 players. Most of the major players compete on some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:

•  AB SKF
• Schaeffler Technologies AG & Co. KG
• NSK Ltd.
• The Timken Company
• NTN Corporation
• JTEKT Corporation (Koyo Bearings)
• Nachi-Fujikoshi Corp.
• C&U Group Ltd.
• LYC Bearing Corporation
• Thordon Bearings Inc.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Electric Vehicle (EV) Ducts Market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

·      Bearings Market

·      General Machinery Bearings Market 

You may also like:

·      Nanosatellite and Microsatellite Market

·      Military and Commercial Parachutes Market

·      Air And Missile Defense Radar (AMDR) Market

·      Single-Use Systems Market

About us –

Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to make convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

Are you looking for any specific data customized to your objectives? We are just an email away.

Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176