Slewing Bearings Market Key Trends, Vendor Strategies, Industry Analysis and Forecast to 2020

Slewing Bearings Market Size, Share, Global Trends, Company Profiles,

Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation

and Forecast To 2020

The global slewing bearings market was projected to be worth USD 2.8 billion in 2014. The

industry is poised to reach USD 4.2 billion by 2020. Factors driving market growth include

demand for material handling equipment, marine vessels, and renewable energy sources.

Slewing bearings are circular bearings with the ability to rotate. They are used to handle heavy

loads on horizontal platforms like cranes or swing yarder. Technological advances in the market

have led to these bearings being used for vertical bearing platforms. These components are vital

in all applications ranging from movement of winches to offshore cranes and excavator

machines. They are critical in being the main component responsible for controlling various

equipments and ensuring efficiency.

The global slewing bearings market is divided by gear types, construction, applications, and

regions. Ungeared, external gear, and internal gear are different gear types. Single-row four point

contact ball, cross roller, and double roller are the various slewing bearings currently in demand

by the market. The demand for roller and ball bearings are expected to grow at a 7.3% CAGR

over the forecast period (2014-2020).

Complete Report is Available at: http://www.radiantinsights.com/research/global-slewingbearings-market-research-report-2015

Applications of the market are material handling equipment, robotic equipment, cranes, stackers,

in access platforms, in mining, bottling machines, water treatment, and wind turbines &

heliostats. Marine vessels are a major application, poised to grow at a 12.2% CAGR to reach

USD 602 million by 2020. With demand for oil & gas, marine vessels are needed for exploratory

activities. This will result in increased demand for the global slewing bearings market.

Regions considered by the market...