Market Overview:
The global spindle ball bearings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for precision equipment and machine tools, rising awareness about the benefits of using spindle ball bearings in various applications, and growing industrialization across different regions. Based on type, the global spindle ball bearings market can be segmented into angular-contact ball bearings, radial ball bearings, roller bearings, thrust bearings, and others. Among these segments, angular-contact ball bearing is expected to witness highest growth during the forecast period owing to its high load carrying capacity and ability to withstand high speeds. Based on application, the global spindle ball bearing market can be segmented into machine tools; medical; aviation & defense; precision equipment; and others (automotive components etc.). Among these segments, machine tools are anticipated to account for a major share of the global market due to increasing adoption of advanced machining processes across different industries.
Product Definition:
A spindle ball bearing is a type of rolling-element bearing that uses balls to maintain the separation between the bearing races. The purpose of a spindle ball bearing is to reduce rotational friction and support radial and axial loads.
Angular-Contact Ball Bearings:
Angular contact ball bearings are used in high-performance applications where radial load is frequently imposed. The design of these bearings results in minimum axial and radial play, which makes them suitable for high-speed applications. They can also be used for heavy loads since the outer race is made from steel or other metals to enhance durability.
Radial Ball Bearings:
Radial ball bearings are used in spindle ball bearings. Spindle ball bearing is a type of rolling bearing that consists of a cylindrical inner race, an outer race, and several balls attached to the raceway. The radial force acting on the spindle causes the balls to move radially towards or away from each other depending upon whether they are assembled for clockwise or anticlockwise rotation respectively.
Application Insights:
The machine tools application segment led the global spindle ball bearings market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-precision components in various industries, including automotive, aerospace and defense.
In recent years, there has been an increase in the use of bearings that offer higher accuracy than conventional counterparts while maintaining equivalent or even higher speed during production runs. This factor is likely to drive their demand further as they help manufacturers produce more precise parts with less material consumption and lower cost per unit weight reduction.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, availability of low-cost raw materials, and rising demand for high-quality products. China is one of the largest consumers as well as producers of spindle ball bearings in this region owing to presence of numerous bearing manufacturers in that country.
The Asia Pacific regional market was followed by Europe which accounted for a share exceeding 20% in 2017 owing to growing machine tool industry coupled with precision equipment application segment growing at a significant rate across several countries including Germany, France, U.K., Italy among others.
Growth Factors:
- Increasing demand from the automotive and industrial sectors
- Growing urbanization and industrialization in developing countries
- Rising disposable income of consumers in developing countries
- Technological advancements in ball bearings manufacturing process
- Stringent government regulations for energy efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Spindle Ball Bearings Market Research Report
By Type
Angular-Contact Ball Bearings, Radial Ball Bearings, Roller Bearings, Thrust Bearings, Others
By Application
Machine Tools, Medical, Aviation & Defense, Precision Equipment, Others
By Companies
Schaeffler, Nachi-Fujikoshi, NSK, SKF, Koyo, Timken, ZYS, C&U Group, ZWZ, NTN, Schaeffler
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Spindle Ball Bearings Market Report Segments:
The global Spindle Ball Bearings market is segmented on the basis of:
Types
Angular-Contact Ball Bearings, Radial Ball Bearings, Roller Bearings, Thrust Bearings, Others
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
Machine Tools, Medical, Aviation & Defense, Precision Equipment, 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:
- Schaeffler
- Nachi-Fujikoshi
- NSK
- SKF
- Koyo
- Timken
- ZYS
- C&U Group
- ZWZ
- NTN
- Schaeffler
Highlights of The Spindle Ball 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:
- Angular-Contact Ball Bearings
- Radial Ball Bearings
- Roller Bearings
- Thrust Bearings
- Others
- By Application:
- Machine Tools
- Medical
- Aviation & Defense
- Precision Equipment
- 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 Spindle Ball 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?
Spindle ball bearings are a type of bearing that uses a spindle to rotate. The spindle is made up of several balls that move around the spindle. This allows the bearing to move smoothly and without friction.
Some of the major companies in the spindle ball bearings market are Schaeffler, Nachi-Fujikoshi, NSK, SKF, Koyo, Timken, ZYS, C&U Group, ZWZ, NTN, Schaeffler.
The spindle ball bearings market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Spindle Ball 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 Spindle Ball Bearings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spindle Ball 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 Spindle Ball 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 Spindle Ball Bearings Market Size & Forecast, 2018-2028
4.5.1 Spindle Ball Bearings Market Size and Y-o-Y Growth
4.5.2 Spindle Ball Bearings Market Absolute $ Opportunity
Chapter 5 Global Spindle Ball Bearings 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 Spindle Ball Bearings Market Size Forecast by Type
5.2.1 Angular-Contact Ball Bearings
5.2.2 Radial Ball Bearings
5.2.3 Roller Bearings
5.2.4 Thrust Bearings
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Spindle Ball Bearings 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 Spindle Ball Bearings Market Size Forecast by Applications
6.2.1 Machine Tools
6.2.2 Medical
6.2.3 Aviation & Defense
6.2.4 Precision Equipment
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spindle Ball 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 Spindle Ball 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 Spindle Ball Bearings Analysis and Forecast
9.1 Introduction
9.2 North America Spindle Ball Bearings 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 Spindle Ball Bearings Market Size Forecast by Type
9.6.1 Angular-Contact Ball Bearings
9.6.2 Radial Ball Bearings
9.6.3 Roller Bearings
9.6.4 Thrust Bearings
9.6.5 Others
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 Spindle Ball Bearings Market Size Forecast by Applications
9.10.1 Machine Tools
9.10.2 Medical
9.10.3 Aviation & Defense
9.10.4 Precision Equipment
9.10.5 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 Spindle Ball Bearings Analysis and Forecast
10.1 Introduction
10.2 Europe Spindle Ball Bearings 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 Spindle Ball Bearings Market Size Forecast by Type
10.6.1 Angular-Contact Ball Bearings
10.6.2 Radial Ball Bearings
10.6.3 Roller Bearings
10.6.4 Thrust Bearings
10.6.5 Others
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 Spindle Ball Bearings Market Size Forecast by Applications
10.10.1 Machine Tools
10.10.2 Medical
10.10.3 Aviation & Defense
10.10.4 Precision Equipment
10.10.5 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 Spindle Ball Bearings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Spindle Ball Bearings 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 Spindle Ball Bearings Market Size Forecast by Type
11.6.1 Angular-Contact Ball Bearings
11.6.2 Radial Ball Bearings
11.6.3 Roller Bearings
11.6.4 Thrust Bearings
11.6.5 Others
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 Spindle Ball Bearings Market Size Forecast by Applications
11.10.1 Machine Tools
11.10.2 Medical
11.10.3 Aviation & Defense
11.10.4 Precision Equipment
11.10.5 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 Spindle Ball Bearings Analysis and Forecast
12.1 Introduction
12.2 Latin America Spindle Ball Bearings 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 Spindle Ball Bearings Market Size Forecast by Type
12.6.1 Angular-Contact Ball Bearings
12.6.2 Radial Ball Bearings
12.6.3 Roller Bearings
12.6.4 Thrust Bearings
12.6.5 Others
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 Spindle Ball Bearings Market Size Forecast by Applications
12.10.1 Machine Tools
12.10.2 Medical
12.10.3 Aviation & Defense
12.10.4 Precision Equipment
12.10.5 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) Spindle Ball Bearings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Spindle Ball Bearings 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) Spindle Ball Bearings Market Size Forecast by Type
13.6.1 Angular-Contact Ball Bearings
13.6.2 Radial Ball Bearings
13.6.3 Roller Bearings
13.6.4 Thrust Bearings
13.6.5 Others
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) Spindle Ball Bearings Market Size Forecast by Applications
13.10.1 Machine Tools
13.10.2 Medical
13.10.3 Aviation & Defense
13.10.4 Precision Equipment
13.10.5 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 Spindle Ball Bearings Market: Competitive Dashboard
14.2 Global Spindle Ball Bearings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schaeffler
14.3.2 Nachi-Fujikoshi
14.3.3 NSK
14.3.4 SKF
14.3.5 Koyo
14.3.6 Timken
14.3.7 ZYS
14.3.8 C&U Group
14.3.9 ZWZ
14.3.10 NTN
14.3.11 Schaeffler
