Canada Bearings Market (2019-2025) | Size, Industry, Revenue, Share, Analysis, Trends, Segmentation, Value, Growth & Outlook

Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Product Code: ETC001797 Publication Date: Sep 2021 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Canada Bearings Market Shipment Analysis

Canada Bearings Market registered a decline of -95.75% in value shipments in 2022 as compared to 2021 and an increase of 0.13% CAGR in 2022 over a period of 2017. In Bearings Market Canada is becoming less competitive as HHI index in 2022 was 5906 while in 2017 it was 2851. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.

Canada Export Potential Assessment For Bearings Market (USD Values in Thousand)


Latest Development (2023) of the Canada Bearings Market

Canada Bearings Market is considered a mature market due to the presence of significant OEM manufacturers in the nation. Canadian bearing market developed an energy-efficient family of deep groove ball bearings which reduce energy costs while minimizing investment in retrofits.

Mergers And Acquisition:

  • On February 16, 2021, Rexnord signed a deal to merge the PMC unit with Regal Beloit.

Canada Bearings Market Synopsis

The Canada bearings market is considered a mature market with large OEM manufacturers present in the country. Bearings find applications across several industrial sectors such as construction, electrical, automotive, and others. The growth of the bearing market is directly correlated with the growth in the automotive and industrial sectors. Further, weak economic activity from these downstream industries and strong competitive pressures from imports is expected to hinder the growth of the industry.

Additionally, the spread of coronavirus in several countries across the globe would also impact Canada as many major companies have curbed their operations to limit the spread of the coronavirus, thereby slowing down the growth prospects of the bearings market as well in the country for the coming few years.  

According to 6Wresearch, the Canada Bearings Market size is projected to grow at a CAGR of 1.6% during 2019–2025. due to the expected recovery of economic and construction activities in the country after 2020. Further, the adoption of a few strategies such as remanufacturing of bearings is also expected to increase competitiveness across the market boosting the market during the forecast period.

Ball bearings captured a key share of the market revenue pie in 2018 and would lead during the forecast period as well due to growing industrialization and transportation facility across the country. However, growth prospects are expected to outpace in roller bearings type over the coming years.

The Canada bearings market report thoroughly covers the market by types, sales channels, and applications. The Canada bearings market outlook report provides an unbiased and detailed analysis of the ongoing Canada bearings market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report

  • Canada Bearings Market Overview
  • Canada Bearings Market Outlook
  • Canada Bearings Market Forecast
  • Canada Bearings Market Size and Historical Data of Canada Bearings Market Revenues for the Period 2015-2018
  • Canada Bearings Market Forecast of Revenues, Until 2025
  • Historical Data of Canada Bearings Market Revenues for the Period 2015-2018, By Types
  • Market Size & Forecast of Canada Bearings Market Revenues Until 2025F, By Types
  • Historical Data of Canada Bearings Market Revenues for the Period 2015-2018, By Roller Bearing Types
  • Market Size & Forecast of Canada Bearings Market Revenues Until 2025F, By Roller Bearing Types
  • Historical Data of Canada Bearings Market Revenues for the Period 2015-2018, By Sales Channels
  • Market Size & Forecast of Canada Bearings Market Revenues Until 2025F, By Sales Channels
  • Historical Data of Canada Bearings Market Revenues for the Period 2015-2018, By Applications
  • Market Size & Forecast of Canada Bearings Market Revenues Until 2025F, By Applications
  • Canada Bearings Market Drivers
  • Canada Bearings Market Restraints
  • Canada Bearings Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Canada Bearings Market Share, By Players
  • Canada Bearings Market Share, By Countries
  • Canada Bearings Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Covered:

The report provides a detailed analysis of the following market segments:

By Types:

  • Ball Bearings
  • Roller Bearings
  • Other Bearings (Pillow block, Mounted, etc.)

By Roller Bearings Types:

  • Cylindrical Roller Bearings
  • Tapered Roller Bearings
  • Spherical Roller Bearings
  • Needle Roller Bearings
  • Other Roller Bearings

By Sales Channels:

  • OEM’s
  • Aftermarket Sales

By Applications:

  • Aerospace & Railway
  • Agricultural Equipment Machinery
  • Mining & Oilfield Equipment Machinery
  • Automotive Machinery
  • Construction Machinery
  • Other Machinery
Canada Bearings Market: FAQs
Generally, aerospace, mining, construction, automotive, and manufacturing are major consumers of bearings in Canada.
Major companies include SKF Group, Timken Company, and NSK Ltd.
The primary growth prospects include industrial expansion, technological advancements, and demand from key end-use industries.
Intense competition from low-cost imports, environmental regulations, and fluctuating raw material prices are some major limitations faced by the industry.
Innovative technologies like ceramic bearings, advanced coatings, and smart bearings with sensors are gaining traction in the market.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
Table of Contents
1.   Executive Summary
2. Introduction
2.1. Key Highlights of the Report
2.2. Report Description
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. Canada Bearings Market Overview
3.1. Canada Bearings Market Revenues, 2015-2025F
3.2. Canada Bearings Market Revenue Share, By Types, 2018 & 2025F
3.3. Canada Bearings Market Revenue Share, By Sales Channels, 2018 & 2025F
3.4. Canada Bearings Market Revenue Share, By Applications, 2018 & 2025F
3.5. Canada Bearings Market - Industry Life Cycle, 2018
3.6. Canada Bearings Market - Porter’s Five Forces
4. Canada Bearings Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Canada Bearings Market Trends
6. Canada Bearings Market Overview, By Types
6.1. Canada Ball Bearings Market Revenues, 2015-2025F
6.2. Canada Roller Bearings Market Revenues, 2015-2025F
6.2.1 Canada Cylindrical Roller Bearings Market Revenues, 2015-2025F
6.2.2 Canada Tapered Roller Bearings Market Revenues, 2015-2025F
6.2.3 Canada Spherical Roller Bearings Market Revenues, 2015-2025F
6.2.4 Canada Needle Roller Bearings Market Revenues, 2015-2025F
6.2.5 Canada Other Roller Bearings Market Revenues, 2015-2025F
6.3. Canada Other Bearings Market Revenues, 2015-2025F
7. Canada Bearings Market Overview, By Sales Channels
7.1. Canada Bearings Market Revenues, By OEM's, 2015-2025F
7.2. Canada Bearings Market Revenues, By Aftermarket Sales, 2015-2025F
8. Canada Bearings Market Overview, By Applications
8.1. Canada Railway & Aerospace Bearings Market Revenues, 2015-2025F
8.2. Canada Agricultural Equipment Machinery Bearings Market Revenues, 2015-2025F
8.3. Canada Construction Machinery Bearings Market Revenues, 2015-2025F
8.4. Canada Oilfield Machinery Bearings Market Revenues, 2015-2025F
8.5. Canada Automotive Bearings Market Revenues, 2015-2025F
8.6. Canada Other Machinery Bearings Market Revenues, 2015-2025F
9. Canada Bearings Market Key Performance Indicators
10. Canada Bearings Market Opportunity Assessment
10.1 Canada Bearings Market Opportunity Assessment, By Types, 2025F
10.2 Canada Bearings Market Opportunity Assessment, By Sales Channel, 2025F
10.3. Canada Bearings Market Opportunity Assessment, By Applications, 2025F
11. Canada Bearings Market-Competitive Landscape
11.1. Canada Bearings Market Competitive Benchmarking, By Operating & Technical Parameters
11.2. Canada Bearings Market Revenue Share, By Company, 2018
12. Company Profiles
13. Key Strategic Recommendations
14. Disclaimer
List Of Figures
Figure 1. Canada Bearings Market Revenues, 2015-2025F ($ Billion)
Figure 2. Canada Bearings Market Industry Life Cycle
Figure 3. Canada Bearings Market Revenue Share, By Types, 2018 & 2025F
Figure 4. Canada Bearings Market Revenue Share, By By Sales Channels, 2018 & 2025F
Figure 5. Canada Bearings Market Revenue Share, By Applications, 2018 & 2025F
Figure 6. Canada Bearings Market Revenues, By Types, 2015-2025F
Figure 7. Canada Bearings Market Revenues, By OEM's, 2015-2025F ($Million)
Figure 8. Canada Bearings Market Revenues, By Aftermarket Sales, 2015-2025F ($Million)
Figure 9. Canada Bearings Market Opportunity Assessment, By Types, 2025F
List Of Tables
Table 1. Canada Roller Bearings Market Revenues, By Types, 2015-2025F ($Million)
Table 2. Canada Bearings Market Revenues, By Applications, 2015-2025F ($Million)

North America Bearing Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery), By Countries (U.S. and Canada) and Competitive Landscape.

Europe Bearing Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery), By Countries (Germany, France, Italy and Rest of Europe) and Competitive Landscape.

Latin America Bearing Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery), By Countries (Mexico, Brazil and Rest of Latin America) and Competitive Landscape.

Asia Pacific Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery), By Countries (India, Japan, China and Rest of Asia Pacific including Thailand and South Korea) and Competitive Landscape

France Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape

South Africa Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Japan Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

India Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Egypt Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

China Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Turkey Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Saudi Arabia Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Mexico Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Germany Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Brazil Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

US Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape

Italy Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape

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