Top 13 manufacturers in Oil-free Bearings Market
Prof Research published a new report on Oil-free Bearings Market. It presents the largest 13 manufacturers in Oil-free Bearings Market. The report is a professional and in-depth study of the current state of the global Oil-free Bearings market. The report provides key statistics on the market of Oil-free Bearings. It is a valuable source of guidance and direction for companies and individuals interested in the Oil-free Bearings industry.
An oil-free bearing, also known as a dry bearing, is a type of bearing that does not require any lubricating oil or grease to operate. Instead, it uses self-lubricating materials or a dry lubricant coating to reduce friction and wear.
There are several types of oil-free bearings available, including solid polymer bearings, graphite bearings, and ceramic bearings. Each type has its own unique characteristics and advantages, such as high temperature resistance, corrosion resistance, and low friction coefficients.
Oil-free bearings are used in a variety of applications, including in industrial machinery, automotive components, and aerospace equipment. They offer several benefits over traditional lubricated bearings, such as reduced maintenance requirements, longer lifespan, and improved performance in harsh environments.
The global Oil-free Bearings market was valued at 2,419.2 million USD in 2022. The Oil-free Bearings production value is anticipated to have growth with a CAGR of 1.41% in the coming years to reach 2,630.6 million USD in 2028.
Oiles Corporation is the world's largest manufacturer of Oil-free Bearings, and it has a market share of 13.7% in value. OILES CORPORATION is primarily engaged in the bearing equipment business. It has four business segments: the Bearing Equipment segment, the Structural Equipment segment, the Construction Equipment segment, and the Others segment.
Rheinmetall is the second largest manufacturer of Oil-free Bearings in the world, and it has a market share of 7.8% in value. Rheinmetall AG is a Germany-based company specializing in security and mobility solutions. It operates through two segments: Defense and Automotive.
Daido Metal is the third largest manufacturer of Oil-free Bearings in the world, and it has a market share of 7.8% in value. Daido Metal Co., Ltd. is a Japan-based company engaged in manufacturing and selling bearings. The Company operates primarily in five business segments. The Automobile Engine Bearing segment and Automobile Bearing (Except Engine) segment, The Non-Automobile Bearing segment, Other Automotive Parts segment, and Other Products segment.
GGB is the fourth largest manufacturer of Oil-free Bearings in the world, and it has a market share of 7.4% in value. Founded in 1899, GGB Bearings is a global technology and market leader of premium engineered metal-polymer plain bearings with expertise in material science, surface engineering and tribology. On November 7, 2022, The Timken Company completed the acquisition of GGB.