Bearing Component Jaw Puller Market
Bearing Component Jaw Puller Market Forecasts to 2030 - Global Analysis By Product Type (Tripod Puller, Bipedal Puller and Other Product Types), Application and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $125.5 BN |
|
Projected Year Value (2030) |
US $288.1 BN |
|
CAGR (2023 - 2030) |
12.6% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Bearing Component Jaw Puller Market is accounted for $125.5 billion in 2023 and is expected to reach $288.1 billion by 2030 growing at a CAGR of 12.6% during the forecast period. A bearing component jaw puller is a specialized tool used to remove bearings and other press-fitted components from a shaft or housing. It is also known as a bearing puller or bearing extractor. Many types of machinery and equipment use bearings, which may require maintenance or replacement over time. In order to disassemble and service such components without causing harm, bearing pullers are necessary. Bearing component jaw puller jaw pullers are frequently used in industrial maintenance, vehicle repair, and other settings where press-fitted parts and bearings need to be repaired or changed.
Market Dynamics:
Driver:
Rapid industrial growth
The rise of the industrial sector drives the expansion of mining, building, and manufacturing thus the need for machinery and equipment rises as a result of this development, and bearing pullers are then required to maintain and repair these assets. Regular maintenance and repairs are crucial to ensuring maximum performance and preventing expensive failures as industrial buildings and equipment age. To properly disassemble and service these machines, bearing pullers are essential instruments, machinery parts, including bearings, eventually wear out from continuous industrial activities. By replacing worn-out components, bearing pullers increase equipment longevity and save downtime thus boosting the growth of the market.
Restraint:
Rivalry among competitors
Increasing competition in the market for jaw pullers with bearing components may have a number of detrimental implications on suppliers and manufacturers in the sector. Competition may improve product options and spur innovation, but it can also provide difficulties. Further overcapacity in the market, supply exceeds demand, resulting in surplus inventories and lower manufacturing facility utilization rates which hamper the market growth.
Opportunity:
Improved performance with digital monitoring
As a result of technological developments, bearing pullers with better performance attributes have been created. These instruments are able to do tasks more quickly and effectively, apply more force, and function with more accuracy. Digital monitoring and sensor technology can be included into advanced bearing pullers. With the help of these capabilities, users can keep an eye on the pulling procedure, keep tabs on force levels, and make sure the components are being removed precisely and safely. Additionally, several bearing pullers include remote assistance capabilities. In difficult maintenance circumstances, users may obtain essential instruction or aid with troubleshooting by connecting with technical specialists.
Threat:
Economic downturns
Economic downturns usually cause a decline in manufacturing and industrial production, which in turn lowers demand for machinery and, ultimately, jaw pullers for bearing components. Moreover, businesses frequently cut back on capital expenditures in order to save money. This may have an effect on purchases of maintenance equipment such as bearing pullers. Manufacturers and suppliers of bearing pullers may see more rivalry for a contracting market as demand declines, which might lead to price wars and dwindling profit margins.
Covid-19 Impact
Lockdowns, a shortage of labor, and regional limitations on factory operations have all affected the production of jaw pullers used in bearing components. Supply chain disruptions and manufacturing delays are the outcome of this. It has caused supply chain disruptions and decreased demand in certain industries, but it has also sped up the use of automation, digital tools, and remote work procedures. However, on the other the bearing puller market is anticipated to gain traction and perhaps see increasing demand as companies recover and adjust to the changing environment, especially in sectors where maintenance and repair operations are crucial.
The tripod puller segment is expected to be the largest during the forecast period
The tripod puller segment is estimated to have a lucrative growth, as this tripod puller is a specialized instrument used to remove bearings and other press-fitted components from a shaft or housing. It is also known as a three-jaw puller or a bearing component jaw puller. Its three jaws are intended to provide the user a stable, firm hold on the part that has to be removed. When working with bearings and other components that need uniform force distribution to avoid damage during removal, tripod pullers come in handy thus boosts the market.
The equipment manufacturing industry segment is expected to have the highest CAGR during the forecast period
The equipment manufacturing industry segment is anticipated to witness the highest CAGR growth during the forecast period, as bearings and other components are frequently press-fitted into shafts, axles, and housings throughout the equipment production process. Jaw pullers for bearing components are used in installations to guarantee correct alignment and regulated force application. In the equipment manufacturing sector, proactive maintenance techniques frequently entail planned bearing and component replacement. Bearing pullers make this operation easier and guarantee that the machinery is safe and dependable.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to numerous sectors, such as manufacturing, automotive, construction, and mining, are based in the Asia-Pacific area. Jaw pullers for bearing components, which are necessary for equipment maintenance and repair, are in high demand due to the expansion of these industries. A major worldwide centre for manufacturing is China. The vast industrial base of the nation creates a significant need for tools and equipment, including jaw pullers for bearing components. In nations like Australia and Indonesia, mining is a big business bearing pullers are necessary since the mining industry relies on large gear that needs routine maintenance and repair.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to dependent on several pieces of machinery and equipment, which raises the need for jaw pullers with bearings for upkeep and repair. The number of renewable energy projects is increasing across North America. Because these operations require the usage of large gear and equipment, bearing pullers are required for maintenance. Moreover North America has a sizable aerospace and defence industry, particularly in the US which requires bearing component jaw pullers.
Key players in the market
Some of the key players profiled in the Bearing Component Jaw Puller Market include ENERPAC, BGS Technic, FACOM, GEDORE Tool Center, GRIPHOLD ENGINEERING, Hi-Force Hydraulic Tools, Holmatro Industrial Equipment, Larzep, PROTO, SAM Outillage, Schaeffler Technologies, Simatec, SKF, SPX Hydraulic Technologies, STAHLWILLE, TIMKEN and Zinko Hydraulic Jack
Key Developments:
In July 2023, Enerpac Tool Group Corp. announced that it has completed a sale of its Cortland Industrial, LLC business to Tufropes, a global leader in the manufacturing of high-performance synthetic fiber ropes and netting solutions.
In July 2023, Holmartro extends partnership with FIA, as part of the new agreement holmatro will work with the FIA safety and medical departmet to provide equipment to support local crew and ensure the highest standards.
In April 2023, Hi-Force has entered into a distribution agreement with Bosch Rexroth Morocco SARL. The partnership represents a strategic relationship between the two companies which will support the growth of the Hi-Force brand in Morocco.
Product Types Covered:
• Tripod Puller
• Bipedal Puller
• Other Product Types
Applications Covered:
• Equipment Manufacturing Industry
• Automobile Industry
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Bearing Component Jaw Puller Market, By Product Type
5.1 Introduction
5.2 Tripod Puller
5.3 Bipedal Puller
5.4 Other Product Types
6 Global Bearing Component Jaw Puller Market, By Application
6.1 Introduction
6.2 Equipment Manufacturing Industry
6.3 Automobile Industry
6.4 Other Applications
7 Global Bearing Component Jaw Puller Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 ENERPAC
9.2 BGS Technic
9.3 FACOM
9.4 GEDORE Tool Center
9.5 GRIPHOLD ENGINEERING
9.6 Hi-Force Hydraulic Tools
9.7 Holmatro Industrial Equipment
9.8 Larzep
9.9 PROTO
9.10 SAM Outillage
9.11 Schaeffler Technologies
9.12 Simatec
9.13 SKF
9.14 SPX Hydraulic Technologies
9.15 STAHLWILLE
9.16 TIMKEN
9.17 Zinko Hydraulic Jack
List of Tables
1 Global Bearing Component Jaw Puller Market Outlook, By Region (2021-2030) ($MN)
2 Global Bearing Component Jaw Puller Market Outlook, By Product Type (2021-2030) ($MN)
3 Global Bearing Component Jaw Puller Market Outlook, By Tripod Puller (2021-2030) ($MN)
4 Global Bearing Component Jaw Puller Market Outlook, By Bipedal Puller (2021-2030) ($MN)
5 Global Bearing Component Jaw Puller Market Outlook, By Other Product Types (2021-2030) ($MN)
6 Global Bearing Component Jaw Puller Market Outlook, By Application (2021-2030) ($MN)
7 Global Bearing Component Jaw Puller Market Outlook, By Equipment Manufacturing Industry (2021-2030) ($MN)
8 Global Bearing Component Jaw Puller Market Outlook, By Automobile Industry (2021-2030) ($MN)
9 Global Bearing Component Jaw Puller Market Outlook, By Other Applications (2021-2030) ($MN)
10 North America Bearing Component Jaw Puller Market Outlook, By Country (2021-2030) ($MN)
11 North America Bearing Component Jaw Puller Market Outlook, By Product Type (2021-2030) ($MN)
12 North America Bearing Component Jaw Puller Market Outlook, By Tripod Puller (2021-2030) ($MN)
13 North America Bearing Component Jaw Puller Market Outlook, By Bipedal Puller (2021-2030) ($MN)
14 North America Bearing Component Jaw Puller Market Outlook, By Other Product Types (2021-2030) ($MN)
15 North America Bearing Component Jaw Puller Market Outlook, By Application (2021-2030) ($MN)
16 North America Bearing Component Jaw Puller Market Outlook, By Equipment Manufacturing Industry (2021-2030) ($MN)
17 North America Bearing Component Jaw Puller Market Outlook, By Automobile Industry (2021-2030) ($MN)
18 North America Bearing Component Jaw Puller Market Outlook, By Other Applications (2021-2030) ($MN)
19 Europe Bearing Component Jaw Puller Market Outlook, By Country (2021-2030) ($MN)
20 Europe Bearing Component Jaw Puller Market Outlook, By Product Type (2021-2030) ($MN)
21 Europe Bearing Component Jaw Puller Market Outlook, By Tripod Puller (2021-2030) ($MN)
22 Europe Bearing Component Jaw Puller Market Outlook, By Bipedal Puller (2021-2030) ($MN)
23 Europe Bearing Component Jaw Puller Market Outlook, By Other Product Types (2021-2030) ($MN)
24 Europe Bearing Component Jaw Puller Market Outlook, By Application (2021-2030) ($MN)
25 Europe Bearing Component Jaw Puller Market Outlook, By Equipment Manufacturing Industry (2021-2030) ($MN)
26 Europe Bearing Component Jaw Puller Market Outlook, By Automobile Industry (2021-2030) ($MN)
27 Europe Bearing Component Jaw Puller Market Outlook, By Other Applications (2021-2030) ($MN)
28 Asia Pacific Bearing Component Jaw Puller Market Outlook, By Country (2021-2030) ($MN)
29 Asia Pacific Bearing Component Jaw Puller Market Outlook, By Product Type (2021-2030) ($MN)
30 Asia Pacific Bearing Component Jaw Puller Market Outlook, By Tripod Puller (2021-2030) ($MN)
31 Asia Pacific Bearing Component Jaw Puller Market Outlook, By Bipedal Puller (2021-2030) ($MN)
32 Asia Pacific Bearing Component Jaw Puller Market Outlook, By Other Product Types (2021-2030) ($MN)
33 Asia Pacific Bearing Component Jaw Puller Market Outlook, By Application (2021-2030) ($MN)
34 Asia Pacific Bearing Component Jaw Puller Market Outlook, By Equipment Manufacturing Industry (2021-2030) ($MN)
35 Asia Pacific Bearing Component Jaw Puller Market Outlook, By Automobile Industry (2021-2030) ($MN)
36 Asia Pacific Bearing Component Jaw Puller Market Outlook, By Other Applications (2021-2030) ($MN)
37 South America Bearing Component Jaw Puller Market Outlook, By Country (2021-2030) ($MN)
38 South America Bearing Component Jaw Puller Market Outlook, By Product Type (2021-2030) ($MN)
39 South America Bearing Component Jaw Puller Market Outlook, By Tripod Puller (2021-2030) ($MN)
40 South America Bearing Component Jaw Puller Market Outlook, By Bipedal Puller (2021-2030) ($MN)
41 South America Bearing Component Jaw Puller Market Outlook, By Other Product Types (2021-2030) ($MN)
42 South America Bearing Component Jaw Puller Market Outlook, By Application (2021-2030) ($MN)
43 South America Bearing Component Jaw Puller Market Outlook, By Equipment Manufacturing Industry (2021-2030) ($MN)
44 South America Bearing Component Jaw Puller Market Outlook, By Automobile Industry (2021-2030) ($MN)
45 South America Bearing Component Jaw Puller Market Outlook, By Other Applications (2021-2030) ($MN)
46 Middle East & Africa Bearing Component Jaw Puller Market Outlook, By Country (2021-2030) ($MN)
47 Middle East & Africa Bearing Component Jaw Puller Market Outlook, By Product Type (2021-2030) ($MN)
48 Middle East & Africa Bearing Component Jaw Puller Market Outlook, By Tripod Puller (2021-2030) ($MN)
49 Middle East & Africa Bearing Component Jaw Puller Market Outlook, By Bipedal Puller (2021-2030) ($MN)
50 Middle East & Africa Bearing Component Jaw Puller Market Outlook, By Other Product Types (2021-2030) ($MN)
51 Middle East & Africa Bearing Component Jaw Puller Market Outlook, By Application (2021-2030) ($MN)
52 Middle East & Africa Bearing Component Jaw Puller Market Outlook, By Equipment Manufacturing Industry (2021-2030) ($MN)
53 Middle East & Africa Bearing Component Jaw Puller Market Outlook, By Automobile Industry (2021-2030) ($MN)
54 Middle East & Africa Bearing Component Jaw Puller Market Outlook, By Other Applications (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
