In the realm of high-end bearings, Japanese, American and European corporations retain their importance as crucial multinational bearing suppliers. Among the top 10 bearing firms in annual sales: Japan seized 5th, the US 2nd, Germany and Sweden 2nd position.
The world’s most significant sales are upheld by SKF Bearings in Switzerland, whose annual sales once entered 5 billion US dollars accounting for 14.3% of the total international market share.
In Western Europe, Latin America, Africa and the Middle East, Sweden’s SKF Group is the world’s hugest bearing supplier occupying one-third of the international market percentage.
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Although the bearing industry had only been obtained for 100 years because it is associated with the nationwide economy and people’s employment, nations around the world have spared no action to formulate their own bearing business with contemporary technology delivering us more than 100,000 categories of bearings.
1. Sweden SKF
The Swedish SKF Group is the world’s prominent supplier of rolling bearings and seals. The SKF group is headquartered in Gothenburg, Sweden, and is a ruler in bearing technology and manufacturing.
The organization has also proceeded to commit itself to the analysis and advancement of the bearing industry, with an average of a new invention appearing frequently. This group was the initial bearing company to approve ISO14001 certification for environment conservation.
2. Germany FAG
Formulates and manufactures high-quality rolling bearings, joint bearings, sliding bearings and linear motion products under FAG denominations worldwide. FAG is a supplier to roughly 40,000 common commodities for more than 60 industrial enterprises. They are the transnational administrator in the output of rolling bearings and linear motion commodities.
3. United States TIMKEN
TIMKEN is globally perceived for worked engineering aptitude in friction management, metallurgy and power information. This has been a prominent manufacturer for virtually a century with its high-quality bearings, alloy steel and relevant creations, be it on the territory of outer space.
It is deemed as the world’s outstanding quality neat steel, whether it is a hub assembly of a car, roller coaster bearing or trace bearing or an aircraft bearing.
4. Japan NSK Ltd.
This came to be the primary bearing manufacturer in Japan in 1916. The company refines and furnishes numerous species of bearings and has rendered extraordinary assistance to the modification of the industry.
NSK proposes a full range of bearings and sells them worldwide. It has provided to the expansion of many industries and the progression of an automated technology. Now the vastest suppliers in the globe.
5. Japan NTN Bearing Corp
This also arises from Japan, with its exactitude machinery manufacturers. The firm was established in 1918. This kind of preciseness is an amenity. It has been utilized in orbiting satellites, aviation, railways and automobiles, and food machinery. All the commodities are manufactured with experimenting technology.