Market Overview:
The global thrust ball bearing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the thrust ball bearing market can be attributed to the increasing demand for bearings in various industrial applications, such as crane hooks, pumps, centrifuges, low speed reducers and other applications. Additionally, the growing automotive industry is also expected to fuel the growth of the thrust ball bearing market during the forecast period.
Product Definition:
A thrust ball bearing is a type of ball bearing that supports axial loads. The bearings are designed to prevent the balls from coming into contact with the inner and outer rings. This helps to extend their life.
Single-direction Bearings:
Single-direction bearings are used in various applications such as automotive, construction equipment, aerospace and defense. The market is expected to witness significant growth on account of the growing demand for thrust ball bearings in these application segments.
The product is widely used in aerospace and defense industry owing to its advantages such as low maintenance cost, high precision performance and ability to operate under severe conditions.
Double-direction Bearings:
Double-direction bearings and it's usage in thrust ball bearing market is a type of rolling element used to support the rotary motion of the crankshaft in an internal combustion engine. These are also known as radial bearings, they have two raceways, one for clockwise and another for anticlockwise rotation. The outer race rolls on a cylindrical surface while the inner race is mounted on a cylindrical surface or on a flat surface with no raceway.
Application Insights:
The crane hooks application segment dominated the global market in 2017. This is attributed to the rising demand for such equipment from construction, infrastructure development, and mining sectors. The centrifuges segment is expected to witness significant growth over the forecast period owing to its increasing use in clinical diagnostics laboratories and food processing plants.
The pumps segment accounted for a major share of 29% in terms of volume as well as revenue in 2017 due to its wide applications including water treatment systems, sewage pumps, waste water treatment plants among others. The low speed reducer segments are anticipated to grow at a lucrative rate over the forecast period owingto its growing adoption across industries including automotive & transportation and oil & gas among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial activities. China, India, Japan, South Korea are some of the prominent countries that have been experiencing strong economic growth over past few years.
The growing infrastructure development in Asia Pacific owing to expanding population and rapid urbanization is one of the key factors responsible for increased demand for thrust ball bearings in this region. In addition, robust manufacturing base of automotive industry and aerospace sector mainly due to availability of low-cost labor is also anticipated to boost product demand over next eight years.
Europe accounted for a significant share owing to presence major automotive companies such as DAF Trucks AG & Co., BMW Group; Airbus S.A.
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 thrust ball bearings
- Stringent government regulations for energy efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Thrust Ball Bearing Market Research Report
By Type
Single-direction Bearings, Double-direction Bearings
By Application
Crane Hooks, Pumps, Centrifuges, Low Speed Reducer, Other
By Companies
Beeline Engineering Products, Galaxy Bearings, General Bearing, Hikari Seiko, JTEKT, Mitsumi Electric, Nachi Brasil, National Engineering Industries, New Hampshire Ball Bearings, MinebeaMitsumi, NRB Bearings, NSK Brasil, NTN Bearing, SKF, PT. IKA Wira Niaga, Schaeffler, Texspin Bearings, Timken, Wafangdian Bearing Group, Yuhuan Melun Machinery, ZWZ BEARING, Bajaj Bearings
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Thrust Ball Bearing Market Report Segments:
The global Thrust Ball Bearing market is segmented on the basis of:
Types
Single-direction Bearings, Double-direction Bearings
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
Crane Hooks, Pumps, Centrifuges, Low Speed Reducer, Other
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:
- Beeline Engineering Products
- Galaxy Bearings
- General Bearing
- Hikari Seiko
- JTEKT
- Mitsumi Electric
- Nachi Brasil
- National Engineering Industries
- New Hampshire Ball Bearings
- MinebeaMitsumi
- NRB Bearings
- NSK Brasil
- NTN Bearing
- SKF
- PT. IKA Wira Niaga
- Schaeffler
- Texspin Bearings
- Timken
- Wafangdian Bearing Group
- Yuhuan Melun Machinery
- ZWZ BEARING
- Bajaj Bearings
Highlights of The Thrust Ball Bearing 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:
- Single-direction Bearings
- Double-direction Bearings
- By Application:
- Crane Hooks
- Pumps
- Centrifuges
- Low Speed Reducer
- Other
- 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 Thrust Ball Bearing 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
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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?
Thrust ball bearings are a type of bearing that uses balls to provide smooth movement. They are often used in applications where high speeds and/or heavy loads are required, such as in aircraft engines or industrial machinery.
Some of the major companies in the thrust ball bearing market are Beeline Engineering Products, Galaxy Bearings, General Bearing, Hikari Seiko, JTEKT, Mitsumi Electric, Nachi Brasil, National Engineering Industries, New Hampshire Ball Bearings, MinebeaMitsumi, NRB Bearings, NSK Brasil, NTN Bearing, SKF, PT. IKA Wira Niaga, Schaeffler, Texspin Bearings, Timken, Wafangdian Bearing Group, Yuhuan Melun Machinery, ZWZ BEARING, Bajaj Bearings.
The thrust ball bearing market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thrust Ball Bearing 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. Thrust Ball Bearing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thrust Ball Bearing Market - Supply Chain
4.5. Global Thrust Ball Bearing Market Forecast
4.5.1. Thrust Ball Bearing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thrust Ball Bearing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thrust Ball Bearing Market Absolute $ Opportunity
5. Global Thrust Ball Bearing 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. Thrust Ball Bearing Market Size and Volume Forecast by Type
5.3.1. Single-direction Bearings
5.3.2. Double-direction Bearings
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thrust Ball Bearing 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. Thrust Ball Bearing Market Size and Volume Forecast by Application
6.3.1. Crane Hooks
6.3.2. Pumps
6.3.3. Centrifuges
6.3.4. Low Speed Reducer
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thrust Ball Bearing 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. Thrust Ball Bearing 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 Thrust Ball Bearing 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. Thrust Ball Bearing 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 Thrust Ball Bearing Demand Share Forecast, 2019-2026
9. North America Thrust Ball Bearing 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 Thrust Ball Bearing 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 Thrust Ball Bearing Market Size and Volume Forecast by Application
9.4.1. Crane Hooks
9.4.2. Pumps
9.4.3. Centrifuges
9.4.4. Low Speed Reducer
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thrust Ball Bearing Market Size and Volume Forecast by Type
9.7.1. Single-direction Bearings
9.7.2. Double-direction Bearings
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 Thrust Ball Bearing Demand Share Forecast, 2019-2026
10. Latin America Thrust Ball Bearing 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 Thrust Ball Bearing 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 Thrust Ball Bearing Market Size and Volume Forecast by Application
10.4.1. Crane Hooks
10.4.2. Pumps
10.4.3. Centrifuges
10.4.4. Low Speed Reducer
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thrust Ball Bearing Market Size and Volume Forecast by Type
10.7.1. Single-direction Bearings
10.7.2. Double-direction Bearings
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 Thrust Ball Bearing Demand Share Forecast, 2019-2026
11. Europe Thrust Ball Bearing 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 Thrust Ball Bearing 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 Thrust Ball Bearing Market Size and Volume Forecast by Application
11.4.1. Crane Hooks
11.4.2. Pumps
11.4.3. Centrifuges
11.4.4. Low Speed Reducer
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thrust Ball Bearing Market Size and Volume Forecast by Type
11.7.1. Single-direction Bearings
11.7.2. Double-direction Bearings
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Typ
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 Thrust Ball Bearing Demand Share, 2019-2026
12. Asia Pacific Thrust Ball Bearing 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 Thrust Ball Bearing 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 Thrust Ball Bearing Market Size and Volume Forecast by Application
12.4.1. Crane Hooks
12.4.2. Pumps
12.4.3. Centrifuges
12.4.4. Low Speed Reducer
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thrust Ball Bearing Market Size and Volume Forecast by Type
12.7.1. Single-direction Bearings
12.7.2. Double-direction Bearings
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 Thrust Ball Bearing Demand Share, 2019-2026
13. Middle East & Africa Thrust Ball Bearing 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 Thrust Ball Bearing 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 Thrust Ball Bearing Market Size and Volume Forecast by Application
13.4.1. Crane Hooks
13.4.2. Pumps
13.4.3. Centrifuges
13.4.4. Low Speed Reducer
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thrust Ball Bearing Market Size and Volume Forecast by Type
13.7.1. Single-direction Bearings
13.7.2. Double-direction Bearings
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 Thrust Ball Bearing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thrust Ball Bearing Market: Market Share Analysis
14.2. Thrust Ball Bearing Distributors and Customers
14.3. Thrust Ball Bearing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Beeline Engineering Products
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Galaxy Bearings
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Bearing
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hikari Seiko
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JTEKT
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mitsumi Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nachi Brasil
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. National Engineering Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. New Hampshire Ball Bearings
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MinebeaMitsumi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NRB Bearings
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. NSK Brasil
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NTN Bearing
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SKF
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. PT. IKA Wira Niaga
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Schaeffler
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Texspin Bearings
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Timken
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Wafangdian Bearing Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Yuhuan Melun Machinery
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
