The market is dominated by foreign suppliers, as imports account for 55.2% of total market size in 2022. B2B drives market demand, with B2B spending representing 90.2% of total demand in 2022. Italy has the second largest market size for bearings, gears, and driving elements regionally, with demand reaching USD6.7 billion in 2022. Skf Industrie SpA is the largest company in Italy, generating 8.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 16.1% of total production value in 2022. The total number of companies increases in 2022, to 970 units. The costs of the industry remain unchanged in 2022. The industry’s profitability increases and stands at 11.6% of production value in 2022, the seventh highest regionally. The industry’s exports share increases in 2022 to 67.7% of total production output. With production value of USD8.1 billion, Italy accounts for 17.5% of the Western Europe total in 2022.
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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
This is the aggregation of general purpose machinery and special purpose machinery.
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