A ball bearing is a type of rolling-element bearing that uses balls to maintain the separation between the bearing races. The purpose of a ball bearing is to reduce rotational friction and support radial and axial loads. It achieves this by using at least three races to contain the balls and transmit the loads through the balls. In most applications, one race is stationary and the other is attached to the rotating assembly. As one of the bearing races rotates it causes the balls to rotate as well. Because the balls are rolling they have a much lower coefficient of friction than if two flat surfaces were sliding against each other.
The increasing demand for ball bearings drives the market. Rising requirement for ceramic ball bearings in electric vehicles, growing investment in railways and aerospace, increasing need for wind power generations, financial growth in emerging countries and rise in need for lightweight bearings in automotive sector are main factors contributing to the growth of market. However, risk of low-cost and fake products, enlarged usage of pre-owned bearings and lack of product differentiation and Cartelization are hampering the market growth. Asia Pacific dominated the largest market share due to the increasing usage of ball bearings in automotive, textile, railway and other industrial applications in this region.
The Ball Bearings market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Ball Bearings.
This report presents the worldwide Ball Bearings market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
JTEKT Corporation
LYC Bearing
MinebeaMitsumi
SKF Company
NSK
Schaeffler Technologies
RBC Bearings
NTN Corporation
Ball Bearings Breakdown Data by Type
Deep-Groove Ball Bearings
Angular Contact Ball Bearings
Axial Ball Bearings
Self-Aligning Ball Bearings
Others
Ball Bearings Breakdown Data by Application
Heavy industry
Military
Aerospace Engineering
Automotive
General Engineering
Others
Ball Bearings Production by Region
United States
Europe
China
Japan
Other Regions
Ball Bearings Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Ball Bearings status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Ball Bearings manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Ball Bearings :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Ball Bearings market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Ball Bearings . Industry analysis & Market Report on Ball Bearings is a syndicated market report, published as Global Ball Bearings Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Ball Bearings market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.