Reports
Thrust Bearings Market: Introduction and Types
Thrust bearings were introduced by George Michell, an Australian engineer in 1905. Thrust bearings are rotary bearings which allow rotation amongst parts like other bearing types. They are typically designed to withstand axial loads. There are several types of thrust bearings. Thrust bearings comprise two raceways or washers and rolling components. The washers may be grooved in some cases, especially for ball bearings. Depending upon the application and the amount of axial load, the end user is recommended to choose between the various types to carry out the operation successfully. These different types are categorised basis the shape of raceways as well as the type of rolling components.
Thrust Bearings Market: Applications
Thrust bearings are used in a wide range of applications in various fields such as automotive, aerospace applications, marine equipment, petroleum production, mining, power generation, cement processing, power transmission, wind turbines, material handling systems, metal recycling and aggregate crushing. They are deployed in briquetting machines rolling mills, rubber mixing equipment, rotary dryers and in machines that are used in paper processing, in construction equipment, fans, blowers, gear boxes, plastic machinery, electric motors and traction motors and in pumps. They are used in modern cars as the forward gears use helical gear system which create axial forces in order to aid smooth functioning and noise reduction. They are also used to lessen the axial loads prevailing in antenna rotators. In automobiles, a type of thrust bearing called clutch release bearings is used.
Thrust Bearings Market: Growth Factors
The advent of technologies have propelled the quick adoption of the various types of thrust bearings as per the application and their load bearing requirements. Several developments and innovations have taken place which are enhancing the performance of these bearings and aim to reduce or eliminate the disadvantages of certain old types of thrust bearings. The rising automotive and aerospace industry has led to increased adoption of thrust bearings, especially spherical load thrust bearings and magnetic thrust bearings. This has facilitated good growth potential for these two types. Moreover, the steam turbines which are facing severe market demands for improvements in performance, are using thrust bearings with higher specific loads; which has contributed to improve the efficiency of the turbines. All these aspects have raised the bar of the adoption of these several thrust bearings thereby contributing to the growth of the global thrust bearings market.
Thrust Bearings Market: Key Players
The key players in the spherical roller bearing market include Schaffler, SKF, Timken Company, JTEKT, NSK Ltd. and NTN Corporation. Other players are Aurora Bearing, AST Bearings LLC, FYH Bearing, Baltic Bearing Company and Precision Bearings Pvt. Ltd.
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