Market Overview:
The global small bearings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for small bearings in consumer electronics, office equipment, automotive, medical and dental, industrial and other applications. Asia Pacific is expected to be the fastest growing region during the forecast period followed by Europe and North America.
Product Definition:
Small bearings are bearings that have a diameter of less than 3 inches. They are used in a variety of applications, including automotive, aerospace, and industrial. Small bearings play an important role in the economy by helping to reduce friction and increase efficiency.
9-20 mm:
9-20 mm is the range of sizes for small bearings. 9-12mm are mostly used in toys, 9-14mm are used in cameras and watches, while 10-12mm is used in some electronic devices such as children's toys. The size of a bearing depends on its application. For example, a watch has different sized wheels than an automobile which has different sized bearings to suit the respective applications.
20-30 mm:
20-30 mm is the size of small bearings. They are used in various applications such as crankshafts, wheels, axles and bicycle frames among others. 20-30 mm bearings are smaller than 30-45 mm ones and they have a lower weight to diameter ratio which makes them ideal for use in lightweight applications where high performance is required.
Application Insights:
The automotive segment accounted for over 30% of the overall revenue in 2017. The demand is expected to be driven by growing vehicle production owing to rising sales of passenger cars and light commercial vehicles. In addition, stringent regulations regarding reduction in vehicular weight are likely to propel industry growth over the coming years.
Office equipment is estimated to be one of the prominent applications on account of high productivity coupled with low operating costs and smooth running conditions. Moreover, small bearings can also handle extreme shock & vibration environments which makes them a preferred choice among office equipment manufacturers worldwide.
Industrial application includes machines used in food processing, paper manufacturing as well as mining activities where low maintenance cost along with durability.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to the growing industrial sector in China, India, Japan and South Korea. The region has been witnessing robust growth in industrial activities due to low manufacturing cost coupled with easy availability of skilled workforce and high demand for consumer electronics products such as mobiles, tablets, cameras etc., which will drive product demand over the forecast period.
North America was estimated as one of the largest markets for small bearings in 2016 on account of presence of key manufacturers such as TimkenSteel bearing (USA), NAFILE (USA) and SKF Sweden AB (Sweden). However, slow growth rate observed during past few years may hamper market development over next eight years.
Growth Factors:
- Increasing demand from the automotive and industrial sectors
- Growing popularity of electric vehicles
- Rising demand for miniaturized and precision bearings
- Proliferation of Internet-of-Things (IoT) devices
- Technological advancements in bearing manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Small Bearings Market Research Report
By Type
9-20 mm, 20-30 mm
By Application
Consumer Electronics, Office Equipment, Automotive, Medical and Dental, Industrial, Others
By Companies
MinebeaMitsumi, NSK, SKF, Timken, JTEKT, C&U GROUP, NACHI, GRW Bearings, NTN
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Small Bearings Market Report Segments:
The global Small Bearings market is segmented on the basis of:
Types
9-20 mm, 20-30 mm
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
Consumer Electronics, Office Equipment, Automotive, Medical and Dental, Industrial, 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:
- MinebeaMitsumi
- NSK
- SKF
- Timken
- JTEKT
- C&U GROUP
- NACHI
- GRW Bearings
- NTN
Highlights of The Small Bearings 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:
- 9-20 mm
- 20-30 mm
- By Application:
- Consumer Electronics
- Office Equipment
- Automotive
- Medical and Dental
- Industrial
- 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 Small Bearings 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?
Small bearings are typically used in applications where high speed and low weight are important. They can be found in a variety of devices, including motors, fans, and other mechanical components.
Some of the major companies in the small bearings market are MinebeaMitsumi, NSK, SKF, Timken, JTEKT, C&U GROUP, NACHI, GRW Bearings, NTN.
The small bearings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Small Bearings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Small Bearings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Small Bearings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Small Bearings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Small Bearings Market Size & Forecast, 2020-2028
4.5.1 Small Bearings Market Size and Y-o-Y Growth
4.5.2 Small Bearings Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 9-20 mm
5.2.2 20-30 mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Office Equipment
6.2.3 Automotive
6.2.4 Medical and Dental
6.2.5 Industrial
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Small Bearings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Small Bearings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 9-20 mm
9.6.2 20-30 mm
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Office Equipment
9.10.3 Automotive
9.10.4 Medical and Dental
9.10.5 Industrial
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 9-20 mm
10.6.2 20-30 mm
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Office Equipment
10.10.3 Automotive
10.10.4 Medical and Dental
10.10.5 Industrial
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 9-20 mm
11.6.2 20-30 mm
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Office Equipment
11.10.3 Automotive
11.10.4 Medical and Dental
11.10.5 Industrial
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 9-20 mm
12.6.2 20-30 mm
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Office Equipment
12.10.3 Automotive
12.10.4 Medical and Dental
12.10.5 Industrial
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 9-20 mm
13.6.2 20-30 mm
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Office Equipment
13.10.3 Automotive
13.10.4 Medical and Dental
13.10.5 Industrial
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Small Bearings Market: Competitive Dashboard
14.2 Global Small Bearings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MinebeaMitsumi
14.3.2 NSK
14.3.3 SKF
14.3.4 Timken
14.3.5 JTEKT
14.3.6 C&U GROUP
14.3.7 NACHI
14.3.8 GRW Bearings
14.3.9 NTN
