Market Overview:
The global bearing ball market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for bearings in various industrial applications, such as automotive industry, railway & aerospace, and others. In addition, the growing demand for plastic balls is also contributing to the growth of this market.
Product Definition:
A bearing ball is a small, spherical object that is used in bearings to reduce friction. Bearing balls are made of various materials, including steel, ceramic, and plastic. They come in different sizes and shapes depending on the type of bearing they are used in. Bearing balls play an important role in reducing friction between moving parts and help keep machinery running smoothly.
Ceramic Ball:
Ceramic ball, also known as ceramic rolling ball or bearingball is a precision spherical component used in bearings. Ceramic balls are manufactured using various raw materials such as silicon nitride, zirconia and alumina among others. The choice of raw material largely depends on the type of environment the product will be operating in such as wet or dry climate etc.
Plastic Ball:
Plastic ball bearings are used in rolling and cylindrical parts that require high accuracy, tolerance, and load capacity. Plastic balls are preferred over metal balls owing to their low cost and lightweight. The plastic material is usually injection molded into the desired shape for use as a bearing ball. These products have applications in various industries including automotive, aerospace & defense, construction equipment industry among others where precision is of prime importance.
Application Insights:
The industrial equipment segment accounted for the largest share of over 30.0% in 2017 and is expected to witness significant growth over the forecast period. The demand for bearings is anticipated to increase owing to its applications in a wide range of industries including oil & gas, construction, mining, food processing and packaging among others. In addition, increasing R&D activities by major players coupled with technological advancements are likely to drive the product demand further.
The automotive industry accounted for a considerable market share in terms of revenue as well as volume in 2017 due mainly to growing vehicle production across various regions coupled with high consumer spending on vehicles that are more technologically advanced than their predecessors. Increasing use of plastic balls along with ceramic or steel balls provides better accuracy while bearing rollers on car engines which results into increased demand for plastic ball bearings from automakers globally.
Regional Analysis:
Asia Pacific dominated the global bearing ball market in terms of revenue with a share of over 37.0% in 2017. The region is also anticipated to register the fastest CAGR from 2018 to 2030 owing to rapid industrialization and increasing foreign investments coupled with favorable government regulations for manufacturing facilities in the Asia Pacific region.
The growth can be attributed to rising demand for energy, which has led nations such as China and India into building massive power plants across their respective countries, thereby driving up industrial equipment production across numerous industries including oil & gas, construction, automotive etc., which will drive product demand over the forecast period.
Europe was estimated at USD X million in 2017 and is expected to witness significant growth over the coming years on account of growing R&D activities by various companies operating within Europe along with an increase in high-end machinery production by Airbus S.A., BMW Group, Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing popularity of electric vehicles
- Rising demand for ball bearings in renewable energy applications
- Technological advancements in bearing manufacturing processes
- Growing awareness about the benefits of using ball bearings
Scope Of The Report
Report Attributes
Report Details
Report Title
Bearing Ball Market Research Report
By Type
Ceramic Ball, Plastic Ball, Steel Ball
By Application
Industrial Equipment, Automotive Industry, Railway & Aerospace, Others
By Companies
Tsubaki Nakashima, Amatsuji Steel Ball, Jiangsu LiXing General Steel Ball, Dong'e Shandong steel ball Group, Sunan Weijie Steel Ball
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Bearing Ball Market Report Segments:
The global Bearing Ball market is segmented on the basis of:
Types
Ceramic Ball, Plastic Ball, Steel Ball
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Equipment, Automotive Industry, Railway & Aerospace, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tsubaki Nakashima
- Amatsuji Steel Ball
- Jiangsu LiXing General Steel Ball
- Dong'e Shandong steel ball Group
- Sunan Weijie Steel Ball
Highlights of The Bearing Ball Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ceramic Ball
- Plastic Ball
- Steel Ball
- By Application:
- Industrial Equipment
- Automotive Industry
- Railway & Aerospace
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bearing Ball Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A bearing ball is a small, round object that is used to support or guide something else. It can be made from metal, plastic, or other materials.
Some of the key players operating in the bearing ball market are Tsubaki Nakashima, Amatsuji Steel Ball, Jiangsu LiXing General Steel Ball, Dong'e Shandong steel ball Group, Sunan Weijie Steel Ball.
The bearing ball market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bearing Ball Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bearing Ball Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bearing Ball Market - Supply Chain
4.5. Global Bearing Ball Market Forecast
4.5.1. Bearing Ball Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bearing Ball Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bearing Ball Market Absolute $ Opportunity
5. Global Bearing Ball Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bearing Ball Market Size and Volume Forecast by Type
5.3.1. Ceramic Ball
5.3.2. Plastic Ball
5.3.3. Steel Ball
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bearing Ball Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bearing Ball Market Size and Volume Forecast by Application
6.3.1. Industrial Equipment
6.3.2. Automotive Industry
6.3.3. Railway & Aerospace
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bearing Ball Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bearing Ball Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bearing Ball Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bearing Ball Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bearing Ball Demand Share Forecast, 2019-2026
9. North America Bearing Ball Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bearing Ball Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bearing Ball Market Size and Volume Forecast by Application
9.4.1. Industrial Equipment
9.4.2. Automotive Industry
9.4.3. Railway & Aerospace
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bearing Ball Market Size and Volume Forecast by Type
9.7.1. Ceramic Ball
9.7.2. Plastic Ball
9.7.3. Steel Ball
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bearing Ball Demand Share Forecast, 2019-2026
10. Latin America Bearing Ball Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bearing Ball Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bearing Ball Market Size and Volume Forecast by Application
10.4.1. Industrial Equipment
10.4.2. Automotive Industry
10.4.3. Railway & Aerospace
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bearing Ball Market Size and Volume Forecast by Type
10.7.1. Ceramic Ball
10.7.2. Plastic Ball
10.7.3. Steel Ball
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bearing Ball Demand Share Forecast, 2019-2026
11. Europe Bearing Ball Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bearing Ball Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bearing Ball Market Size and Volume Forecast by Application
11.4.1. Industrial Equipment
11.4.2. Automotive Industry
11.4.3. Railway & Aerospace
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bearing Ball Market Size and Volume Forecast by Type
11.7.1. Ceramic Ball
11.7.2. Plastic Ball
11.7.3. Steel Ball
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bearing Ball Demand Share, 2019-2026
12. Asia Pacific Bearing Ball Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bearing Ball Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bearing Ball Market Size and Volume Forecast by Application
12.4.1. Industrial Equipment
12.4.2. Automotive Industry
12.4.3. Railway & Aerospace
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bearing Ball Market Size and Volume Forecast by Type
12.7.1. Ceramic Ball
12.7.2. Plastic Ball
12.7.3. Steel Ball
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bearing Ball Demand Share, 2019-2026
13. Middle East & Africa Bearing Ball Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bearing Ball Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bearing Ball Market Size and Volume Forecast by Application
13.4.1. Industrial Equipment
13.4.2. Automotive Industry
13.4.3. Railway & Aerospace
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bearing Ball Market Size and Volume Forecast by Type
13.7.1. Ceramic Ball
13.7.2. Plastic Ball
13.7.3. Steel Ball
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bearing Ball Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bearing Ball Market: Market Share Analysis
14.2. Bearing Ball Distributors and Customers
14.3. Bearing Ball Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tsubaki Nakashima
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Amatsuji Steel Ball
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jiangsu LiXing General Steel Ball
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dong'e Shandong steel ball Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sunan Weijie Steel Ball
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
