Major Group SIC 3562 - Ball And Roller Bearings

SIC 3562 - Ball And Roller Bearings

SIC 35 - Industrial And Commercial Machinery And Computer Equipment
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 356 - General Industrial Machinery And Equipment
  SIC 351 - Engines And Turbines SIC 352 - Farm And Garden Machinery And Equipment SIC 353 - Construction, Mining, And Materials Handling SIC 354 - Metalworking Machinery And Equipment SIC 355 - Special Industry Machinery, Except Metalworking SIC 356 - General Industrial Machinery And Equipment SIC 357 - Computer And Office Equipment SIC 358 - Refrigeration And Service Industry Machinery SIC 359 - Miscellaneous Industrial And Commercial
  - SIC 3562 - Ball And Roller Bearings
    SIC 3561 - Pumps And Pumping Equipment SIC 3562 - Ball And Roller Bearings SIC 3563 - Air And Gas Compressors SIC 3564 - Industrial And Commercial Fans And Blowers And Air Purification SIC 3565 - Packaging Machinery SIC 3566 - Speed Changers, Industrial High-speed Drives, And Gears SIC 3567 - Industrial Process Furnaces And Ovens SIC 3568 - Mechanical Power Transmission Equipment, Not Elsewhere Classified SIC 3569 - General Industrial Machinery And Equipment, Not Elsewhere

Establishments primarily engaged in manufacturing ball and roller bearings (including ball or roller bearing pillow block, flange, takeup cartridge and hangar units) and parts. Establishments primarily engaged in manufacturing plain bearings are classified in Industry 3568.

Industry trends:

The Ball and Roller Bearings industry (NAICS 3562) is experiencing significant qualitative trends that signal a shift towards innovation and sustainability. Companies are increasingly investing in advanced materials and manufacturing processes to enhance bearing performance and durability. This includes the use of ceramic and hybrid bearings that offer reduced weight and higher resistance to wear and tear. Additionally, smart bearings equipped with sensors for real-time monitoring and predictive maintenance are gaining traction, driven by the rise of Industry 4.0 and the Industrial Internet of Things (IIoT).

Sustainability is another critical trend, with manufacturers focusing on reducing the environmental impact of their products. This involves both the production process and the lifecycle of the bearings. Efforts include adopting greener production methods, using recyclable materials, and implementing eco-friendly lubrication solutions. With global regulations tightening on emissions and waste, this trend is expected to continue.

Looking ahead, the market for ball and roller bearings is forecasted to grow steadily. The automotive sector, a significant consumer of bearings, is shifting towards electric vehicles (EVs), which presents new opportunities and challenges. Bearings for EVs require higher efficiency and need to support the unique load requirements of electric powertrains. Moreover, the expansion of renewable energy projects, such as wind turbines, is also expected to drive demand for high-performance bearings. Consequently, companies that innovate and adapt to these evolving requirements are likely to lead the market in the near future.

This industry is comprised of:

Bearings, ball and roller

Flange units for ball or roller bearings

Pillow block units for ball or roller bearings

Pillow blocks, with ball or roller bearings

Races, ball and roller bearing

Explore related industries:

SIC 3061 - Molded, Extruded, And Lathe-cut Mechanical Rubber Goods SIC 3452 - Bolts, Nuts, Screws, Rivets, And Washers SIC 3751 - Motorcycles, Bicycles, And Parts

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