Market Overview

$1.21 Billion Miniature Ball Bearing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast Report 2018-2023 - ResearchAndMarkets.com

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The "Miniature
Ball Bearing Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023"
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The global miniature ball bearing market reached a value of US$ 1,217
Million in 2017.

Miniature ball bearings are used in the automotive sector for
manufacturing mechanical components like fan motors, wiper motors,
throttle bodies, etc. Rising demand for automotive components is,
therefore directly proportional to the demand for miniature ball
bearings. This acts as one of the primary factors propelling the growth
of the miniature ball bearing market. In addition, the market for
industrial robotics is encountering a remarkable demand from the
automotive, electronics and electrical sector.

Moreover, rapid urbanisation and industrialisation, and elevated
disposable incomes of the consumers represent other factors facilitating
the demand for miniature ball bearings.

Looking forward, the market value is projected to reach US$ 1,826
Million by 2023, registering a CAGR of 7% during 2018-2023.

Market Summary:

  • Based on type, the market has been segmented as open miniature ball
    bearings, dust cover miniature ball bearings and others (flanged
    outer, extended inner). Currently, dust cover miniature ball bearings
    dominate the market with the largest share.
  • On the basis of application, automotive represents the largest
    segment, followed by industrial and aerospace.
  • Region-wise, the market has been segmented into Asia Pacific, Europe,
    North America, Middle East and Africa, and Latin America. Amongst
    these, Asia Pacific is the leading market, accounting for the majority
    of the global market share.
  • The competitive landscape of the market has also been examined with
    some of the key players being Minebea, NSK, Kitanihon Seiki, CW, and
    GRW.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Ball Bearing Market

6 Global Miniature Ball Bearing Market

7 Global Miniature Ball Bearing Market: Breakup by Type

8 Global Miniature Ball Bearing Market: Breakup by Application

9 Global Miniature Ball Bearing Market: Breakup by Region

10 Global Miniature (Small) Ball Bearing Manufacturing Process

11 Global Miniature Ball Bearing Market: Competitive Landscape

  • Minebea Mitsumi Inc
  • NSK Ltd.
  • Kitanihon Seiki Co. Ltd.
  • CW Bearing Gmbh
  • GRW Bearing Gmbh

For more information about this report visit https://www.researchandmarkets.com/research/4kswwp/1_21_billion?w=4

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