유럽의 고온용 베어링 시장 보고서 : 범위, 부문, 역학, 경쟁 분석(2021-2031년)

The Europe high heat bearing market is projected to grow significantly, reaching approximately US$ 1,841.57 million by 2031, up from US$ 1,294.49 million in 2023, with an estimated compound annual growth rate (CAGR) of 4.5% from 2023 to 2031.

Executive Summary and Market Analysis

In Europe, the demand for high heat bearings is being driven by the renewable energy sector, particularly in wind turbine applications. These bearings are crucial for ensuring the efficient and reliable conversion of wind energy into electricity, especially under the challenging conditions that wind turbines face, including high mechanical and thermal stresses. The European Union's commitment to achieving carbon neutrality by 2050 is accelerating the shift towards renewable energy sources, notably wind energy, which is expected to enhance the high heat bearing market due to their ability to endure elevated temperatures during turbine operations.

SKF, a prominent Swedish bearing manufacturer, is focusing on developing high-quality bearings tailored for the wind energy sector. Their advanced bearing and sealing technologies are essential for optimizing turbine performance while minimizing maintenance costs. In November 2024, SKF secured EUR 430 million (approximately US$ 465 million) in financing from the European Investment Bank (EIB) for up to ten years, aimed at bolstering research and development in high-growth sectors critical to sustainability. This funding underscores SKF's dedication to innovation in support of a sustainable future, aligning with broader European sustainability goals and contributing to the growth of the high heat bearing market.

Market Segmentation Analysis

The Europe high heat bearing market can be segmented by type and industry.

• By Type: The market includes plain bearings, roller bearings, and deep groove ball bearings, with roller bearings holding the largest market share in 2023. The plain bearings segment further divides into spherical plain bearings, rod ends, and bushings.
• By Industry: The market is categorized into sectors such as metal processing, aerospace, defense, food and beverages, energy and power, manufacturing, automotive, and others, with manufacturing being the leading segment in 2023.

Market Outlook

High heat bearings are essential in the food and beverage industry, where equipment often operates under extreme temperatures, steam, and pressure. These bearings ensure the smooth functioning of critical machinery in food processing and packaging, particularly in processes like pasteurization, sterilization, and drying. The continuous growth of the food processing sector, driven by rising demand for convenience foods and innovations in plant-based products, is increasing the need for high heat bearings. In 2023, the food processing industry in Europe was robust, with 294,000 operational firms contributing to 15.2% of the overall industrial sector and generating US$ 1,172.43 billion in value. France leads this sector with 55,810 firms, generating US$ 189.25 billion in revenue, which represents 14% of the European food industry. The ongoing investments in food processing further stimulate demand for high heat bearings.

Country Insights

The Europe high heat bearing market includes key countries such as Germany, France, Italy, Spain, the UK, Russia, and others, with Germany holding the largest market share in 2023. The German market is experiencing steady growth, particularly in the automotive sector. According to the German Association of the Automotive Industry (VDA), domestic passenger car production in December 2023 reached 264,500 units, marking a nearly 1% increase from the previous year. Additionally, 72,550 new electric vehicles were registered in December 2023, indicating a growing electric vehicle market that drives demand for high heat bearings in Germany. This trend towards sustainable transportation supports the overall growth of the high heat bearing market in the country.

Company Profiles

Key players in the high heat bearing market include NSK Ltd, NTN Corp, RBC Bearings Incorporated, SKF AB, Global Bearing Technologies S.r.L, Dalian Chengfeng Bearing Sales Co., Ltd, Scheerer Bearing Corporation, DURBAL Metallwarenfabrik GmbH, Graphite Metallizing Corporation, and ISK bearings, among others. These companies are employing various strategies such as expansion, product innovation, and mergers and acquisitions to enhance their market presence and offer innovative solutions to their customers.

Table Of Contents

1. Introduction

• 1.1 Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Secondary Research
• 3.2 Primary Research
  • 3.2.1 Hypothesis formulation:
  • 3.2.2 Macro-economic factor analysis:
  • 3.2.3 Developing base number:
  • 3.2.4 Data Triangulation:
  • 3.2.5 Country level data:

4. Europe High Heat Bearing Market Landscape

• 4.1 Overview
• 4.2 Ecosystem Analysis
  • 4.2.1 List of Vendors in the Value Chain
  • 4.2.2 High Heat Bearing Application Analysis
    • 4.2.2.1 Jet Engines
    • 4.2.2.2 Gas Turbines
    • 4.2.2.3 Nuclear Reactors
    • 4.2.2.4 Kilns
    • 4.2.2.5 Industrial Ovens
    • 4.2.2.6 Turbochargers
    • 4.2.2.7 Others
  • 4.2.3 Bearing Prices Analysis

5. Europe High Heat Bearing Market - Key Market Dynamics

• 5.1 Market Drivers
  • 5.1.1 Rising Demand in Food and Beverage Processing Industries
  • 5.1.2 Increasing Investments in Aerospace and Defense Sector
  • 5.1.3 Surging Demand in Automotive and Metal Processing Industries
• 5.2 Market Restraints
  • 5.2.1 Cost Increase with Use of Advanced Materials in Bearing Manufacturing Processes
• 5.3 Market Opportunities
  • 5.3.1 Burgeoning Investments in Renewable Energy Projects
• 5.4 Future Trends
  • 5.4.1 Integration of Sensors and Advanced Technologies
• 5.5 Impact of Drivers and Restraints:

6. High Heat Bearing Market - Europe Analysis

• 6.1 Europe High Heat Bearing Market Revenue (US$ Million), 2021-2031
• 6.2 Europe High Heat Bearing Market Forecast Analysis

7. Europe High Heat Bearing Market Analysis - by Type

• 7.1 Plain Bearings
  • 7.1.1 Overview
  • 7.1.2 Plain Bearings: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.2 Roller Bearings
  • 7.2.1 Overview
  • 7.2.2 Roller Bearings: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.3 Deep Groove Ball Bearings
  • 7.3.1 Overview
  • 7.3.2 Deep Groove Ball Bearings: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. Europe High Heat Bearing Market Analysis - by Industry

• 8.1 Metal Processing
  • 8.1.1 Overview
  • 8.1.2 Metal Processing: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.2 Aerospace
  • 8.2.1 Overview
  • 8.2.2 Aerospace: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.3 Defense
  • 8.3.1 Overview
  • 8.3.2 Defense: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.4 Food and Beverages
  • 8.4.1 Overview
  • 8.4.2 Food and Beverages: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.5 Energy and Power
  • 8.5.1 Overview
  • 8.5.2 Energy and Power: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.6 Manufacturing
  • 8.6.1 Overview
  • 8.6.2 Manufacturing: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.7 Automotive
  • 8.7.1 Overview
  • 8.7.2 Automotive: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.8 Others
  • 8.8.1 Overview
  • 8.8.2 Others: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. Europe High Heat Bearing Market - Country Analysis

• 9.1 Europe
  • 9.1.1 Europe High Heat Bearing Market Overview
  • 9.1.2 Europe High Heat Bearing Market - Revenue and Forecast Analysis - by Country
    • 9.1.2.1 Europe High Heat Bearing Market - Revenue and Forecast Analysis - by Country
    • 9.1.2.2 Germany: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.2.2.1 Germany: Europe High Heat Bearing Market Share - by Type
      • 9.1.2.2.2 Germany: Europe High Heat Bearing Market Share - by Plain Bearings
      • 9.1.2.2.3 Germany: Europe High Heat Bearing Market Share - by Industry
    • 9.1.2.3 France: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.2.3.1 France: Europe High Heat Bearing Market Share - by Type
      • 9.1.2.3.2 France: Europe High Heat Bearing Market Share - by Plain Bearings
      • 9.1.2.3.3 France: Europe High Heat Bearing Market Share - by Industry
    • 9.1.2.4 Italy: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.2.4.1 Italy: Europe High Heat Bearing Market Share - by Type
      • 9.1.2.4.2 Italy: Europe High Heat Bearing Market Share - by Plain Bearings
      • 9.1.2.4.3 Italy: Europe High Heat Bearing Market Share - by Industry
    • 9.1.2.5 Spain: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.2.5.1 Spain: Europe High Heat Bearing Market Share - by Type
      • 9.1.2.5.2 Spain: Europe High Heat Bearing Market Share - by Plain Bearings
      • 9.1.2.5.3 Spain: Europe High Heat Bearing Market Share - by Industry
    • 9.1.2.6 United Kingdom: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.2.6.1 United Kingdom: Europe High Heat Bearing Market Share - by Type
      • 9.1.2.6.2 United Kingdom: Europe High Heat Bearing Market Share - by Plain Bearings
      • 9.1.2.6.3 United Kingdom: Europe High Heat Bearing Market Share - by Industry
    • 9.1.2.7 Russia: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.2.7.1 Russia: Europe High Heat Bearing Market Share - by Type
      • 9.1.2.7.2 Russia: Europe High Heat Bearing Market Share - by Plain Bearings
      • 9.1.2.7.3 Russia: Europe High Heat Bearing Market Share - by Industry
    • 9.1.2.8 Rest of Europe: Europe High Heat Bearing Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.2.8.1 Rest of Europe: Europe High Heat Bearing Market Share - by Type
      • 9.1.2.8.2 Rest of Europe: Europe High Heat Bearing Market Share - by Plain Bearings
      • 9.1.2.8.3 Rest of Europe: Europe High Heat Bearing Market Share - by Industry

10. Competitive Landscape

• 10.1 Heat Map Analysis by Key Players
• 10.2 Company Positioning & Concentration

11. Industry Landscape

• 11.1 Overview
• 11.2 Market Initiative
• 11.3 Product Development

12. Company Profiles

• 12.1 NSK Ltd
  • 12.1.1 Key Facts
  • 12.1.2 Business Description
  • 12.1.3 Products and Services
  • 12.1.4 Financial Overview
  • 12.1.5 SWOT Analysis
  • 12.1.6 Key Developments
• 12.2 NTN Corp
  • 12.2.1 Key Facts
  • 12.2.2 Business Description
  • 12.2.3 Products and Services
  • 12.2.4 Financial Overview
  • 12.2.5 SWOT Analysis
  • 12.2.6 Key Developments
• 12.3 RBC Bearings Incorporated
  • 12.3.1 Key Facts
  • 12.3.2 Business Description
  • 12.3.3 Products and Services
  • 12.3.4 Financial Overview
  • 12.3.5 SWOT Analysis
  • 12.3.6 Key Developments
• 12.4 SKF AB
  • 12.4.1 Key Facts
  • 12.4.2 Business Description
  • 12.4.3 Products and Services
  • 12.4.4 Financial Overview
  • 12.4.5 SWOT Analysis
  • 12.4.6 Key Developments
• 12.5 Global Bearing Technologies S.r.L.
  • 12.5.1 Key Facts
  • 12.5.2 Business Description
  • 12.5.3 Products and Services
  • 12.5.4 Financial Overview
  • 12.5.5 SWOT Analysis
  • 12.5.6 Key Developments
• 12.6 Dalian Chengfeng Bearing Sales Co., Ltd
  • 12.6.1 Key Facts
  • 12.6.2 Business Description
  • 12.6.3 Products and Services
  • 12.6.4 Financial Overview
  • 12.6.5 SWOT Analysis
  • 12.6.6 Key Developments
• 12.7 Scheerer Bearing Corporation
  • 12.7.1 Key Facts
  • 12.7.2 Business Description
  • 12.7.3 Products and Services
  • 12.7.4 Financial Overview
  • 12.7.5 SWOT Analysis
  • 12.7.6 Key Developments
• 12.8 DURBAL Metallwarenfabrik GmbH
  • 12.8.1 Key Facts
  • 12.8.2 Business Description
  • 12.8.3 Products and Services
  • 12.8.4 Financial Overview
  • 12.8.5 SWOT Analysis
  • 12.8.6 Key Developments
• 12.9 Graphite Metallizing Corporation
  • 12.9.1 Key Facts
  • 12.9.2 Business Description
  • 12.9.3 Products and Services
  • 12.9.4 Financial Overview
  • 12.9.5 SWOT Analysis
  • 12.9.6 Key Developments
• 12.10 ISK bearings
  • 12.10.1 Key Facts
  • 12.10.2 Business Description
  • 12.10.3 Products and Services
  • 12.10.4 Financial Overview
  • 12.10.5 SWOT Analysis
  • 12.10.6 Key Developments

13. Appendix

• 13.1 About The Insight Partners