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Bearing & Gear Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Bearing & Gear Manufacturing Market Research Report | SIC C28.150 | Oct 2016

Out of gear: Industry revenue continues to decline as import competition intensifies

IBISWorld’s Bearing & Gear Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
NSK Europe Ltd NSK Europe Ltd market share
Industry Statistics & Market Size
Revenue
£1bn
Annual Growth 12-17
-2.7%
Annual Growth 17-22
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Profit
Purchase to read more
Employment
8,502
Businesses
222
Industry Threats & Opportunities
  • Low industrial production activity and high import competition have dampened demand
  • Pricing pressures and falling demand have caused profitability to decline
  • The potential introduction of trade barriers with the European Union could damage export revenue
  • ... purchase to read more

Industry Analysis & Industry Trends

The industry manufactures a wide range of ball bearings, gearboxes, clutches, transmission shafts, flywheels, pulleys and a variety of related parts. Trends in imports and exports have a significant influence on the industry's performance, since exports account for the majority of industry revenue and imports satisfy the bulk of domestic demand. However, both import and export values are distorted due to the high level of re-export activity.

The past five years have been challenging for industry participants, as bleak industrial production activity has dampened demand. Intense import competition, reductions in manufacturing capacity and deteriorating export sales also hampered industry performance... purchase to read more

Industry Report - Industry Products Chapter

Companies in the industry manufacture bearings, gears and driving elements, and the relevant parts. A bearing is a device that reduces the motion between two parts, usually a moving and a stationary part. The most common types include ball bearings and roller bearings. Bearings are found in a wide variety of common household electronics like computers and microwaves, but are also used in transportation equipment, defence equipment and mining equipment. Some bearings are used to make gearboxes.

Bearing housings

Bearing housings, also known as pillow blocks, are used to house bearings and make it easier to mount them on equipment. About 53% of bearing housings are assembled with a bearing, while the remainder are assembled without any bearings. The.. purchase to read more

Additional Insights for the Bearing & Gear Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Bearing & Gear Manufacturing Industry are

  • Economies of scale
  • Establishment of brand names
  • Access to high quality inputs
  • IBISWorld analysts also discuss how external factors such as Real effective exchange rate and World price of steel in the Bearing & Gear Manufacturing industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Bearing & Gear Manufacturing Industry?

    Companies in the industry manufacture ball and roller bearings, mechanical power transmission chains, clutches, flywheels, pulleys, gears and gearboxes, and the relevant parts. Operators do not assemble power transmission equipment used in vehicles or aircraft. The manufacture of hydraulic transmission equipment and electromagnetic clutches is also excluded from the industry.

    Industry Products
    Bearing housingsChainsBall bearingsRoller bearingsGearboxesSub-partsClutches and shaft couplingsFlywheels and other products
     
    Industry Activities
    Manufacturing ball and roller bearingsManufacturing bearing housings and plain shaft bearingsManufacturing clutches and shaft couplingsManufacturing transmission shafts and cranksManufacturing gearboxes and gearsManufacturing flywheels and pulleysManufacturing parts of gears and bearings


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Real effective exchange rate
  • World price of steel
  • Industrial production index
  • Business capital expenditure
  • Current Performance
  • Challenging conditions
  • Intense import competition
  • Margins narrow
  • Chart: Revenue Growth
  • Industry Outlook
  • Domestic demand conditions
  • International trade influences
  • Profitablity falls
  • Table: Bearing & Gear Manufacturing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Bearing & Gear Manufacturing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Engine & Turbine Manufacturing
  • Mining, Quarrying & Construction Machinery Manufacturing
  • Motor Vehicle Manufacturing
  • Railway Equipment Manufacturing
  • Key Selling Industries
  • Iron & Steel Manufacturing
  • Steel Tube, Pipe & Related Fitting Manufacturing
  • Products & Services
  • Bearing housings
  • Roller bearings
  • Flywheels and other products
  • Gearboxes
  • Ball bearings
  • Sub-parts
  • Clutches and shaft couplings
  • Chains
  • Chart: Bearing & Gear Manufacturing Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Other general-purpose machinery manufacturers
  • Other special-purpose machinery manufacturers
  • Agricultural and forestry equipment manufacturers
  • Lifting and handling equipment manufacturers
  • Transportation equipment manufacturers
  • Other
  • Chart: Major Market Segmentation for the Bearing & Gear Manufacturing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Bearing & Gear Manufacturing
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Bearing & Gear Manufacturing Industry
  • Industry Globalization
    Major Companies
    NSK Europe Ltd
  • Table: NSK Europe Ltd - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Bearing & Gear Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Bearing & Gear Manufacturing Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Ball Bearing
  • A bearing that uses balls to reduce friction.
  • Bearing
  • A device that diminishes the motion between two parts, usually a moving and a stationary part.
  • Roller Bearing
  • A bearing that uses a cylinder.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Bearing & Gear Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Bearing & Gear Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Bearing & Gear Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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