Low Temperature Bearings Market Scope And Analysis

  • Report Code : TIPRE00029275
  • Category : Manufacturing and Construction
  • Status : Published
  • No. of Pages : 180
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Low Temperature Bearings Market Analysis Report 2022 to 2028

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Low Temperature Bearings Market Report Scope

Report Attribute Details
Market size in 2021 US$ 547.71 Million
Market Size by 2028 US$ 752.72 Million
Global CAGR (2021 - 2028) 4.9%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Type
  • Cryogenic Bearings
  • Plain Bearings
  • Rolling Element Bearing
  • Jewel Bearing
By Material
  • Stainless Steel
  • Ceramic
  • Bearing Steel
By Application
  • Aerospace
  • Pharmaceutical
  • Manufacturing
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • NTN Corporation
  • SKF Group
  • Timken Company
  • DuPont
  • Nachi Fujikoshi Corp
  • Albeco Buchalter
  • American Roller Bearing Company
  • GEBR Reinfurt GMBH and CO KG
  • Durofit Technologies Private Limited
  • Application-Based Insights

    Based on application, the low temperature bearings market is segmented into aerospace, pharmaceutical, manufacturing, and others. The application range of these low-temperature bearing types is highly broad, covering a wide range of industries nd allowing them to be used in southern and northern latitudes. Bearings with low temperature lubrication can be utilized in refrigerated store equipment, ski resort equipment, snow removal and tractor equipment, and gas equipment.

    Material-Based Insights

    Based on material, the low temperature bearings market is segmented into stainless steel, ceramic, bearing steel, and others. Different materials are used to make various bearing components. To maximize bearing performance and longevity, bearing materials are treated to achieve desired qualities.

    Players operating in the low temperature bearings market are mainly focused on the development of advanced and efficient products.

    • In 2022, SKG Group and Amazon Web Services entered into agreement of collaboration with an aim of reinventing the field of industrial machine reliability and predictive maintenance jointly.
    • In 2022, ZYS done the successful trial proceed of their precision bearing intelligent production line.