Hydrodynamic Bearing Market - Overview

The hydrodynamic bearing works on the lubrication principle which works on the dynamic action or motion of the moving parts. When a sufficient quantity of lubricant is present between two surfaces, the relative velocity of these moving surfaces tends to pump the lubricant, which separates these surfaces by a dynamic film of lubricant. A typical hydrodynamic bearing consists of a rotating member known as shaft, the supporting member called outer sleeve, and the lubricant. These bearings are widely utilized in harsh environment such as crankshaft and camshaft bearings in automobiles and hand operated lube oil pumps.

The bearing market has been witnessing the presence of counterfeit designs post the 2008 global economic crisis. Post 2008 industry crash ripples surged in all the industries especially automotive, which accounted for about a quarter of international bearing sales.

Hydrodynamic Bearing Market - Drivers and Restraints

The industry faces a potential threat from the other bearing types, which can handle loads from any direction. Hydrodynamic bearings can handle radial loads; however, they are unable to bear axial load and are susceptible to failure. Moreover, the gradual transition of internal combustion engines to electric vehicles also poses a major threat, as a lesser number of bearings would be required due to electric motors replacing IC engines.

Raw materials account for about 60% to 62% of the bearing manufacturer’s revenue. Alloy or high grade steel is usually used to manufacture bearings, which exposes the industry to the volatility of global steel prices. The main components of the bearing such as inner ring, outer ring, rolling element, cage all are made of steel, apart from the seals.

Hydrodynamic Bearing Market - Segmentation

The global hydrodynamic bearing market can be segmented based on product, application, end-user, and region. Based on product, the hydrodynamic bearing market can be classified into cylindrical, elliptical, symmetrical, and others. In terms of application, the hydrodynamic bearing market can be classified into turbines, compressors, expanders, electric motors, blowers, gearbox, pumps, locomotives, turbocharger, and others. In terms of end-user, the global hydrodynamic bearing market can be divided into automotive, power generation, oil & gas, chemicals, ship building, marine, and others. Based on region, the hydrodynamic bearing market can be classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Hydrodynamic journal bearings are currently highly preferred by majority of turbo machinery equipment and gearbox manufacturers. Oil flow and efficiency area vital to ensure high performance of gearbox. Choice of bearing can make substantial difference to the performance of a gearbox. These gearboxes possess several desirable characteristics such as good rotor dynamic damping and high reliability. Several designs are commonly utilized for gearboxes. These designs are different variations of the sliding bearing, wherein the shaft journal slides on the thin film of oil.

Manufacturers are focused on implementing newer technologies in bearings. Companies are focusing on exploration of newer options and use of lighter raw materials in order to reduce the overall weight of bearings. The companies operating in hydrodynamic bearings are adopting newer technologies such as construction with light weight alloys and employing superior forging techniques with lower tolerances.

For instance, SKF is focused on the development of light weight and compact bearings that are being designed to run at extremely high speeds, possess higher load carrying capacity with excellent stiffness, and longer operating life.

Hydrodynamic Bearing Market - Key Players

Major players operating in the global hydrodynamic bearing market include GTW BEARINGS s.r.o., HENTEC OY AB, KC Engineering Bearings Ltd., Kingsbury, Inc., Lignum Vitae, Luoyang Bearing Science & Technology Co.,Ltd., Miba AG, Motion Industries, Inc., Nelson Air, NSK Ltd., US Korea Hotlink by LPR, Waukesha Bearings Corporation, and SKF.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Hydrodynamic Bearing Market

Pre Book