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Low Temperature Bearing Market Key Insights
Low Temperature Bearing Market Analysis by Regions
Low Temperature Bearing Market Analysis by Segments
Low Temperature Bearing Market Size (current and future)
Low Temperature Bearing Market Competitive Benchmarking
a year ago
Asia Pacific Low Temperature Bearing Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Cryogenic Bearings, Plain Bearings, Rolling Element Bearing, Jewel Bearing, and Others), Material (Stainless Steel, Ceramic, Bearing Steel, and Others), and Application (Aerospace, Pharmaceutical, Manufacturing, and Others)
The low temperature bearing market in Asia Pacific is expected to grow from US$ 218.91 million in 2021 to US$ 317.00 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028.
A growing number of projects is demanding hydrogen as an energy source. Special submersible pumps are frequently used in these projects, which can reliably pump gaseous and liquid med...
a year ago
Europe Low Temperature Bearing Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Cryogenic Bearings, Plain Bearings, Rolling Element Bearing, Jewel Bearing, and Others), Material (Stainless Steel, Ceramic, Bearing Steel, and Others), and Application (Aerospace, Pharmaceutical, Manufacturing, and Others)
The low temperature bearing market in Europe is expected to grow from US$ 128.22 million in 2021 to US$ 164.59 million by 2028; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028.
Plain bearings are a viable substitute for rolling component bearings due to their ease of use. They are simple in design and require little upkeep. Plain bearings have a compact structure...
a year ago
Middle East & Africa Low Temperature Bearing Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Cryogenic Bearings, Plain Bearings, Rolling Element Bearing, Jewel Bearing, and Others), Material (Stainless Steel, Ceramic, Bearing Steel, and Others), and Application (Aerospace, Pharmaceutical, Manufacturing, and Others)
The low temperature bearing market in the Middle East & Africa is expected to grow from US$ 29.07 million in 2021 to US$ 38.31 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2021 to 2028.
Liquid nitrogen causes fast freezing when it comes into touch with living cells. It is an effective and convenient refrigerant. The demand for liquid nitrogen is increas...
a year ago
North America Low Temperature Bearing Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Cryogenic Bearings, Plain Bearings, Rolling Element Bearing, Jewel Bearing, and Others), Material (Stainless Steel, Ceramic, Bearing Steel, and Others), and Application (Aerospace, Pharmaceutical, Manufacturing, and Others)
The low temperature bearing market in North America is expected to grow from US$ 152.52 million in 2021 to US$ 206.34 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.
Pumps for receiving and discharging LNG to road tanks are LNG pumps. The bearing operating conditions of these pumps can be extremely harsh, as the temperature can reach -162°C, and...
a year ago
South & Central America Low Temperature Bearing Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Cryogenic Bearings, Plain Bearings, Rolling Element Bearing, Jewel Bearing, and Others), Material (Stainless Steel, Ceramic, Bearing Steel, and Others), and Application (Aerospace, Pharmaceutical, Manufacturing, and Others)
The low temperature bearing market in South & Central America is expected to grow from US$ 18.99 million in 2021 to US$ 26.48 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2021 to 2028.
Pumps for receiving and discharging LNG to road tanks are LNG pumps. The bearing operating conditions these pumps can be extremely harsh, as the temperature can reach -16...
Low Temperature Bearing Market
Low-temperature bearings are designed to function at extremely low temperatures, typically below -40 °C. These bearings are constructed from special materials that maintain their structural integrity and lubrication at low temperatures. They are utilized in numerous applications, including cryogenic pumps, refrigeration equipment, and aerospace and military equipment that operates in cold environments.
on the market for low-temperature bearings. These businesses manufacture a variety of low-temperature bearings in various sizes to meet the requirements of various applications.
The market for low-temperature bearings is primarily driven by the rising demand for energy-efficient refrigeration equipment and the expansion of the aerospace and defense industries. In comparison to standard bearings, the high price of these bearings is the primary market constraint.
The Asia-Pacific region is a significant market for low-temperature bearings, with China, Japan, and South Korea exhibiting strong demand. This demand is driven by the region's expanding aerospace and defense sectors as well as the growing demand for energy-efficient refrigeration equipment.
SKF; Gebr. Reinfurt GmbH & Co. KG; The Timken Company; Carter Manufacturing Ltd.; and NSK Europe Ltd. are among the leading companies in the low-temperature bearing market.
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