MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
Industrial Bearings - Ball
Overview
Market size
$18.5B
global, USD
CAGR
6.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
5
tracked players
Signals
12
4 high severity
Market outlook
2031$25.0B
What changed
Demand by region
Asia Pacific demand46%
Europe demand24%
North America demand21%
Latin America demand5%
Rest of world demand4%
share of global demandtotal 100%
Cost drivers
High-Carbon Chromium Steel42%
Manufacturing Energy & Utilities23%
Direct Labor18%
Logistics & Freight10%
Machining & Consumable Tooling7%
share of delivered cost (analyst estimate)