Slewing Bearing Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Gear Types (Internal Gear, External Gear, Un Geared), By Design (Cross Roller Slewing Ring Bearing, Bi-angular Roller Or Taper, Single-row Four Point Contact Ball Slewing Ring Bearing, Four And Eight-point Contact Ball, Three-row Roller Slewing Ring Bearings, Double-row Ball Slewing Ring Bearings), By Applications (Medical Equipment, Radar, Excavation Industry, Construction Industry, Wind Turbines, Others), And By Geography - Forecasts From 2021 To 2026

  • Published : Aug 2021
  • Report Code : KSI061610849
  • Pages : 114

The slewing bearing market is projected to witness a CAGR of 6.78% during the forecast period to reach a total market size of US$8.349 billion by 2026, increasing from US$5.275 billion in 2019.

Slewing ring bearings, or turntable bearings, are ball or roller-style bearings composed of two concentric rings either of which may include a gear. In other words, slewing bearings comprise an inner ring and an outer ring, one of which usually incorporates a gear. They offer an optimum power transfer with an easy and quick connection between nearby machine components. The bearing, in conjunction with the rolling components are designed to accommodate single or multiple loads acting in any direction. The slewing bearing has a variety of structural types to meet its requirements and can meet the needs of the main engine function with different manufacturing accuracy levels.

This type of bearing enhances load support and power transmission in all directions and is typically employed to support heavy loads for slow applications and large equipment such as earth excavators and construction cranes. They provide an ideal solution for the optimal economy in a given envelope dimension; heavy-duty applications requiring significant load-carrying capacity; designs where precise positioning is critical; unique requirements of wind turbines. Slewing bearings offer a wide variety of solutions in a variety of applications, including- aerospace and defense; Heavy equipment; Industrial machinery;  Medical systems; Mining; Oil & gas; Renewable energy; Robotics; Semiconductor manufacturing equipment.

Slewing Market, US$ Billion, 2019 to 2026


Source: Knowledge Sourcing Intelligence Analysis

By type, the external gear type slewing bearings has the highest global market share, and it is expected to generate high revenue. The internal gear type slewing bearings is also expected to generate noticeable revenue. Geographically, the Asia Pacific Slewing Bearings market is anticipated to have tremendous growth in the global market, during the projected period. Rising activities of renewable energy projects in Asian countries such as China, India, and South Korea are expected to fuel the demand for slewing bearings in the Asian market. The North American region holds the highest share in the slewing bearings market, during the forecasted period. Again, a massive expansion in construction activities in European economies such as France and Germany is also expected to propel the growth of the European market. 

slewing bearing Marketshare, by geography


                                2019                                                2026


Source: Knowledge Sourcing Intelligence Analysis

Growth Factors.

  • Cost-efficient and versatile.

The significantly rising infrastructural activities which use machinery and equipment like cranes, forklifts, pilling machines, and concrete pump tracks, use bearings extensively. Along with it elevators, escalators, walkways run on these bearings. As these activities expand and modernizes, the slewing bearing market is expected to attract demand.

Slewing ring bearings with large diameters are essential components in a variety of applications. Tank turrets, missile launchers, communication antennae, precision radar antennas, and gun mounts are all examples of military usage. Aerial lifts, hydraulic excavators, boom cranes, and tunnel boring machinery are all common business applications. 

They are also used in healthcare services like- stretchers, medical sports equipment for physiotherapy, and many more. As healthcare services expand, the bearing market will also expand.

  • Industrial uses.

Industries are machine-extensive in nature. As the demand for industrial machinery like- distillery, track devices, PLC laboratory trainer, CNC Machine center, assembly press, casting cylinders, transport system, mounting system, control panel, and screen lifts rise, the demand for slewing ball bearing is also estimated to rise during the forecast period.

Also, forest machinery needs strong components, for harvesting and wood processing activities. Slewing bearings have an optimized design and have the capacity to work in rough environmental conditions. Also, these highly advanced slewing bearing balls accept the shocks and the high rotating speed of the de-barkers, and the temperature of the boreal or snow forests. The wood industry is generating high growth for bearing markets.


  • Cost-structure and raw materials.

The slew bearings run on a high-cost structure and also bears maintenance costs like lubrication, contamination, depreciation, overloading. These factors may lead buyers to look for alternative options, thus slowing the demand and contracting the market. The larger the bearing the higher the cost and lead time. Moreover, the disparity in the availability of raw materials has also slowed down the growth of the market.

The World Bank report on Gulf countries has indicated a slow growth period during 2018 which later picked up during 2019 had also lagged the expansion of the market in the Middle-eastern countries.

COVID-19 Impact On Slewing Bearing Market

The Covid-19 pandemic impacted the market due to the nationwide lockdown restrictions. The International Labour Organization (ILO) indicated that the pandemic has had a significant impact on the construction sector, which is sensitive to economic cycles. The ball bearing’s demand also faced this repercussion contracting the growth rate.  The same report also shows a negative impact on the forest sector. The wood industry has been impacted which is dependent on machinery using slew bearings. It has exacerbated existing challenges, with many enterprises and workers suffering as a consequence. There has also been a capital crunch in the industrial and engineering sectors. The time essence of contracts has been challenged thereby creating a pessimistic market condition.

Competitive Insights.

The market leaders for the Slewing Bearing Market are Rollix, SKF, Schaeffler Technologies, AG & Co. KG, Rotek Inc., ThyssenKrupp Rothe Erde GmbH, Silverthin Bearing Group. The key players in the market implement growth strategies such as product launches, mergers, and acquisitions, etc. to gain a competitive advantage over their competitors. Slew bearing manufacturers upgrade their products to expand new avenues of the market.

  • In 2019, SKF acquired three companies to expand their operations.
  •  In 2018 and 2019 Schaeffler Technologies, acquired Elmotec Statomat GmbH and XTRONIC GmbH respectively.

Slewing Bearing Market Scope:

Report Metric Details
 Market size value in 2019  US$5.275 billion
 Market size value in 2026  US$8.349 billion
 Growth Rate  CAGR of 6.78% from 2019 to 2026
 Base year  2019
 Forecast period  2021–2026
 Forecast Unit (Value)  USD Billion
 Segments covered  Gear Types, Design, Applications, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Rollix, SKF, Schaeffler Technologies, AG & Co. KG, Rotek Inc., ThyssenKrupp Rothe   Erde GmbH, Silverthin Bearing Group
 Customization scope  Free report customization with purchase



  • By Gear Types
    • Internal Gear
    • External Gear
    • Un geared
  • By Design
    • Cross Roller Slewing Ring Bearing
    • Bi-angular roller or Taper
    • Single-row Four Point Contact Ball Slewing Ring Bearing
    • Four and eight-point contact ball
    • Three-row Roller Slewing Ring Bearings
    • Double-row Ball Slewing Ring Bearings
  • By Applications
    • Medical Equipment
    • Radar
    • Excavation Industry
    • Construction Industry
    • Wind Turbines
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • Italy
      • United Kingdom
      • Others
    • Middle East and Africa
      • UAE
      • Saudi Arabia
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • Thailand
      • Indonesia
      • Taiwan
      • Australia
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the slewing bearing market size by 2026?
A1. The slewing bearing market is projected to reach a market size of US$8.349 billion by 2026.

Q2. What is the size of the global slewing bearing market?
A2. Slewing Bearing Market was valued at US$5.275 billion in 2019.

Q3. What are the growth prospects for the slewing bearing market?
A3. The global slewing bearing market is projected to witness a CAGR of 6.78% over the forecast period.

Q4. Which region holds the maximum market share of the slewing bearing market?
A4. The North American region holds the highest share in the slewing bearings market during the forecasted period.

Q5. How is the global slewing bearing market segmented?
A5. The slewing bearing market has been segmented by gear types, design, applications, and geography.

1.1. Market Definition
1.2. Market Segmentation

2.1. Research Data
2.2. Assumptions

3.1. Research Highlights

4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The Threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis

5.1. Internal Gear
5.2. External Gear
5.3. Un geared

6.1. Cross Roller Slewing Ring Bearing 
6.2. Bi-angular roller or Taper
6.3. Single-row Four Point Contact Ball Slewing Ring Bearing
6.4. Four and eight-point contact ball
6.5. Three-row Roller Slewing Ring Bearings 
6.6. Double-row Ball Slewing Ring Bearings

7.1. Medical Equipment 
7.2. Radar 
7.3. Excavation Industry
7.4. Construction Industry
7.5. Wind Turbines
7.6. Others

8.1. North America
8.1.1. United States
8.1.2. Canada
8.1.3. Mexico
8.1.4. Others
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. Italy
8.3.4. United Kingdom
8.3.5. Others
8.4. Middle East and Africa
8.4.1. UAE
8.4.2. Saudi Arabia
8.4.3. Israel
8.4.4. Others
8.5. Asia Pacific
8.5.1. Japan
8.5.2. China
8.5.3. India
8.5.4. Thailand
8.5.5. Indonesia
8.5.6. Taiwan
8.5.7. Australia
8.5.8. Others

9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrative
9.3. Mergers, Acquisition, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix

10.1. Rollix
10.2. SKF
10.3. Schaeffler Technologies 
10.4.  AG & Co. KG
10.5. Rotek Inc.
10.6. ThyssenKrupp Rothe Erde GmbH
10.7. Silverthin Bearing Group



Schaeffler Technologies 

AG & Co. KG

Rotek Inc.

ThyssenKrupp Rothe Erde GmbH

Silverthin Bearing Group