The market is dominated by foreign suppliers, as imports account for 70.4% of total market size in 2024. B2B drives market demand, with B2B spending representing 98.9% of total demand in 2024. Brazil has the second largest market size for bearings, gears, and driving elements regionally, with demand reaching USD4.4 billion in 2024. Timken do Brasil Comércio e Indústria Ltda is the largest company in Brazil, generating 4.7% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 14.5% of total production value in 2024. The total number of companies increases in 2024, to 8,200 units. The costs of the industry increase by 5.9% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 4.2% of production value in 2024, the 13th highest regionally. The industry’s exports share decreases in 2024 to 35.3% of total production output. With production value of USD1.6 billion, Brazil accounts for 43.3% of the Latin America total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Bearings, Gears, and Driving Elements in Brazil: ISIC 2913. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Bearings, Gears, and Driving Elements in Brazil: ISIC 2913 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Machinery in Brazil report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
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- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Bearings, Gears, and Driving Elements in Brazil: ISIC 2913
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MARKET OVERVIEW
Machinery
This is the aggregation of general purpose machinery and special purpose machinery.
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