The global Ball Bearings market was valued at US$ 27410 million in 2022 and is projected to reach US$ 34300 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Ball Bearings market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Ball Bearings market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Ball Bearings market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Ball bearings, also called ball bearings, are a type of rolling bearing. Ball balls are installed between the inner and outer steel rings to reduce friction during power transmission and improve the efficiency of mechanical power transmission by rolling.
This report aims to provide a comprehensive presentation of the global market for Ball Bearings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ball Bearings. This report contains market size and forecasts of Ball Bearings in global, including the following market information:
- Global Ball Bearings Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Ball Bearings Market Sales, 2018-2023, 2024-2032, (K Units)
- Global top five Ball Bearings companies in 2022 (%)
The major players in global Ball Bearing market include SKF, Schaeffler, NSK, etc. The top 3 players occupy about 40% shares of the global market. Europe and China are main markets, they occupy about 60% of the global market. Deep groove ball bearing is the main type, with a share about 40%. Industrial equipment is the main application, which holds a share about 50%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Ball Bearings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ball Bearings Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Ball Bearings Market Segment Percentages, by Type, 2022 (%)
- Deep-Groove Ball Bearings
- Angular Contact Ball Bearings
- Axial Ball Bearings
- Self-Aligning Ball Bearings
- Others
Global Ball Bearings Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Ball Bearings Market Segment Percentages, by Application, 2022 (%)
- Heavy industry
- Military
- Aerospace Engineering
- Automotive
- General Engineering
- Others
Global Ball Bearings Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Ball Bearings Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Ball Bearings revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Ball Bearings revenues share in global market, 2022 (%)
- Key companies Ball Bearings sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Ball Bearings sales share in global market, 2022 (%)
key players include:
- JTEKT Corporation
- LYC Bearing
- MinebeaMitsumi
- SKF Company
- NSK
- Schaeffler Technologies
- RBC Bearings
- NTN Corporation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Ball Bearings, market overview.
Chapter 2: Global Ball Bearings market size in revenue and volume.
Chapter 3: Detailed analysis of Ball Bearings manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Ball Bearings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Ball Bearings capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
