Mexico Bearing Market Size & Outlook, 2023-2030
Mexico bearing market, 2017-2030 (US$M)
Related Markets
Mexico bearing market highlights
- The Mexico bearing market generated a revenue of USD 2,294.4 million in 2023 and is expected to reach USD 4,485.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, roller bearings was the largest revenue generating product in 2023.
- Roller Bearings is the most lucrative product segment registering the fastest growth during the forecast period.
Bearing market data book summary
| Market revenue in 2023 | USD 2,294.4 million |
| Market revenue in 2030 | USD 4,485.7 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Roller bearings |
| Fastest growing segment | Roller Bearings |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ball Bearings, Roller Bearings, Plain Bearings |
| Key market players worldwide | JTEKT Corp, NSK Ltd, NTN Corp, RBC Bearings Inc, Regal Rexnord Corp, Schaeffler AG ADR, SKF AB ADR, The Timken Co |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.9% of the global bearing market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil bearing market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 4,485.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Bearing Market Scope
Bearing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico bearing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bearing market will help companies and investors design strategic landscapes.
Roller bearings was the largest segment with a revenue share of 58.87% in 2023. Horizon Databook has segmented the Mexico bearing market based on ball bearings, roller bearings, plain bearings covering the revenue growth of each sub-segment from 2017 to 2030.
- Mexico Bearing Product Outlook (Revenue, USD Million, 2017-2030)
- Ball Bearings
- Deep Groove Bearings
- Other
- Roller Bearings
- Split
- Tapered
- Others
- Plain Bearings
- Journal Plain Bearing
- Linear Plain Bearing
- Thrust Plain Bearing
- Others
- Others
- Ball Bearings
- Mexico Bearing Application Outlook (Revenue, USD Million, 2017-2030)
- Automotive
- Agriculture
- Electrical
- Mining & Construction
- Railway & Aerospace
- Automotive Aftermarket
- Others
Reasons to subscribe to Mexico bearing market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico bearing market databook
-
Our clientele includes a mix of bearing market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico bearing market , including forecasts for subscribers. This country databook contains high-level insights into Mexico bearing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico bearing market size, by product, 2017-2030 (US$M)
Mexico Bearing Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
