The market is dominated by foreign suppliers, as imports account for 54.5% of total market size in 2020. B2B drives market demand, with B2B spending representing 89.7% of total demand in 2020. Italy has the second largest market size for bearings, gears, and driving elements in the region, with demand reaching USD4.7 billion in 2020. Skf Industrie SpA is the largest company in Italy, generating 12.5% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 21.0% of total production value in 2020. The total number of companies decreases in 2020, to 1,303 units. The costs of the industry decrease by 14.4% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 11.0% of production value in 2020, the sixth highest in the region. The industry’s exports share decreases in 2020 to 66.9% of total production output. With production value of USD5.6 billion, Italy accounts for 14.1% of the Western Europe total in 2020.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This Euromonitor industrial report provides unique information on Bearings, Gears, and Driving Elements in Italy: 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 Italy: ISIC 2913 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Home Page