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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 | Apr 2015

Losing its bearings: Import penetration and foreign competition will fuel industry's decline

The Ball Bearing Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$610m
Annual Growth 10-15
0.9%
Annual Growth 15-20
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Profit
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Employment
1,848
Businesses
17
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. Revenue has grown modestly since 2010, but is expected to fall in 2015 due to a drop in steel prices. In the coming years, import penetration and increasing competition for key export markets is likely to constrain revenue growth... purchase to read more

Industry Report - Industry Products Chapter

Ball bearings

Ball bearings are the most popular industry offering, generating an estimated 36.8% of revenue in 2015. A ball bearing is a type of bearing that uses small metallic balls, contained within at least two outer races, to separate between the bearing's moving parts. Ball bearings are used to reduce rotational friction in a vehicle and other moving objects and to support radial and axial loads. Because ball bearings have a lower load capacity than other (roller type) bearings, they are most popular for use in relatively light equipment, including computer hard drives, household appliances, ammunition and small missiles. An important advantage of ball bearings over roller bearings is that they can tolerate some misalignment of the inner and outer races... 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, aerospace 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


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