The global bearings market size was valued at $118.7 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.5 percent from 2021 to 2028, according to Grand View Research. With its widespread use in almost all the industries in the manufacturing ecosystem, especially those of machinery, automotive, Defence, aerospace, construction and even health, this factor is projected to drive the market in near future. Today, manufacturers are focused on the use of customized bearings to satisfy their expanding needs. Especially as new technologies and digitalization become more widely adopted so much, so that the growing need for customized bearing solutions that fulfill various industry-specific criteria, such as the developing EV sector, is expected to push the market even further. Further, strong policies that stimulate the industrial sector will also be a major reason for the bearing industry to grow.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Mechanical Power Transmission Equipment Manufacturers - 2022" by recommending those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
Kamal Chand Jain
Director, Dipak Enterprise
A registered SSI with functional base cutting across manufacturing and processing of fc,vm, ash, sulfur and electrical resistance for all the major industries and industrial application
D.K.Shenoy
Managing Partner, Drives & drives
A Total Mechanical Power Transmission solution provider established in the year 1980 and continuous till date with reliable sales and service commitments
Krishnendu Sarkar
Director, Flexocon Engineers
Established in 2001 by a group of qualified Mechanical Engineers having more than 25 years Experience in Mechanical Power Transmission Coupling & Expansion Joints field at various applications
Kapil Gupta
MD, KUNDAN LAL AND SONS
Offering products in a variety of sizes, dimensions and designs with customization done to cater to the specific demands of the clients
Ratul Kataruka
Director, Madan Transmissions
With four decades of experience, it primarily focuses on globally recognized products for new and tomorrow's markets, having applications in each industry
Bhavesh Khut
Founder & CEO, PG Drive
Stands-out among the crowd due to quality, on-time deliveries and competitive pricing
J.K. NAHATA
Proprietor, Research Development & Manufacturing Corporation
One of the leading manufacturer and supplier of high precision gear and gearbox systems both in the national and global markets
Thomas Moka
CEO, Ringfeder Power Transmission
One of the international market leaders in niche markets for drive and damping technology
Jyothi Kotha
Director, Unique power system
Offers technically superior range of products and services to the clients
Dhrumil Shah, CEO
Danesh Shah, Chairman And Founder, ZNL Bearings
Delivering customer specified quality bearings and services through innovative approach with a profitable growth
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