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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 2016

Gaining traction: Despite import penetration, multinationals will use economies of scale to contain costs and remain competitive

IBISWorld’s Ball Bearing Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$694m
Annual Growth 11-16
3.2%
Annual Growth 16-21
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Profit
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Employment
1,710
Businesses
14
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. Despite high import penetration, consolidation and globalization will cause multinational companies to remain competitive, therefore, industry revenue is expected to increase in the five years to 2016... 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 manufacturing 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 an annualized 3.2% over the five years to 2016, bringing total revenue to $694.2 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, 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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