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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 | Jul 2014

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

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
$566m
Annual Growth 09-14
1.8%
Annual Growth 14-19
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Profit
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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 Products Chapter

Ball bearings

Ball bearings are the most popular industry offering, generating an estimated 36.8% of revenue in 2014. 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... 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


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