SEARCH   
MEMBER LOGIN    

Ball Bearing Manufacturing in Canada: Market Research Report

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

Ball Bearing Manufacturing in Canada Market Research Report | NAICS 33299bCA | Jul 2014

Rolling away: Import penetration and competition for exports will constrain growth

IBISWorld’s Ball Bearing Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$566m
Annual Growth 09-14
1.8%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
1,690
Businesses
19
Industry Analysis & Industry Trends

This industry manufactures ball bearings and roller bearings, which are small machines that constrain motion and reduce friction between moving parts of vehicles and other equipment. The industry depends on demand from a variety of transport and manufacturing markets, with foreign markets generating nearly half of the average operator's revenue. Revenue is also responsive to the price of steel, which is a key input into bearings and influences the price operators charge for their products. In the five years to 2014, moderate demand for bearings and volatile steel prices have induced revenue growth at an estimated 1.8% per year on average. In the five years to 2019, import penetration and increasing competition for key export markets is likely to constrain revenue growth further... purchase to read more

Industry Report - Industry Analysis Chapter

Bearings are small machines that consist of metallic balls, spheres, cylinders or needles contained within outer races that reduce friction and control motion. Bearings are used in the manufacture of vehicles, aircraft, guns, missiles, blenders, wind mills and other equipment with rotating parts. As a result, industry performance depends on a variety of downstream markets, including the automotive, aerospace and general industrial markets. Operators also export heavily to manufacturers in other countries, especially the United States. Revenue from domestic and export markets is expected to increase at an annualized 1.8% in the five years to 2014, bringing total revenue to $566.3 million... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Ball Bearing Manufacturing Industry?

This industry manufactures ball bearings and roller bearings, which are small machines that constrain motion and reduce friction between moving parts of vehicles and other equipment. Major markets include the transportation, defense, space and energy sectors. This industry does not manufacture plain (nonball and nonroller) bearings.

Industry Products
Ball bearingsRoller bearingsHousing for bearings (sold separately)Components for bearings (sold separately)Other bearings
 
Industry Activities
Manufacturing ball bearingsManufacturing roller bearingsManufacturing separate parts for bearings Manufacturing separate housing for bearings


View Sample
Quote
Select Clients