PUBLISHER: IMARC | PRODUCT CODE: 1298539
PUBLISHER: IMARC | PRODUCT CODE: 1298539
Miniature Ball Bearing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global miniature ball bearing market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.9% during 2023-2028.
Miniature ball bearing, also known as instrument bearing, is a machinery component which helps in eliminating rotational friction by supporting axis loads. It consists of an outer ring, inner ring, shields, snap rings and retainers. A miniature ball bearing has its bearing with outer diameter of 22mm or less. The objective of a miniature ball bearing is to aid in determining the rotational accuracy. Apart from this, miniature ball bearing is used in a variety of applications like electrical, medical devices, automotive, etc.
Miniature ball bearings are used in the automotive sector for manufacturing mechanical components like fan motors, wiper motors, throttle bodies, etc. Rising demand for automotive components is, therefore directly proportional to the demand for miniature ball bearings. This acts as one of the primary factors propelling the growth of the miniature ball bearing market. In addition, the market for industrial robotics is encountering a remarkable demand from the automotive, electronics and electrical sector. Moreover, rapid urbanisation and industrialisation, and elevated disposable incomes of the consumers represent other factors facilitating the demand for miniature ball bearings.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global miniature ball bearing market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type and application.
Breakup by Type:
Dust Cover Miniature Ball Bearings
Open Miniature Ball Bearings
Others
Breakup by Application:
Automotive
Industrial
Aerospace
Household Electrical Appliances
Medical
Robotics
Others
On the basis of application, automotive represents the largest segment.
Breakup by Region:
Asia-Pacific
North America
Europe
Latin America
Middle East and Africa
Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the leading market, accounting for the majority of the global market.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players being Minebea Mitsumi Inc, NSK Ltd., Kitanihon Seiki Co. Ltd., CW Bearing Gmbh and GRW Bearing Gmbh.
This report provides a deep insight into the global miniature ball bearing market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the miniature ball bearing industry in any manner.
Key Questions Answered in This Report
1. What is the size of the global miniature ball bearing market?
2. What has been the impact of COVID-19 on the global miniature ball bearing market?
3. What are the key factors driving the global miniature ball bearing market?
4. What is the breakup of the global miniature ball bearing market based on the type?
5. What is the breakup of the global miniature ball bearing market based on the application?
6. What are the key regions in the global miniature ball bearing market?
7. Who are the key companies/players in the global miniature ball bearing market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Ball Bearing Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Market Breakup by Size
- 5.4 Market Breakup by Application
- 5.5 Market Breakup by Region
- 5.6 Market Forecast
6 Global Miniature Ball Bearing Market
- 6.1 Market Overview
- 6.2 Market Performance
- 6.2.1 Volume Trends
- 6.2.2 Value Trends
- 6.3 Impact of COVID-19
- 6.4 Market Breakup by Type
- 6.5 Market Breakup by Application
- 6.6 Market Breakup by Region
- 6.7 Market Forecast
- 6.8 SWOT Analysis
- 6.8.1 Overview
- 6.8.2 Strengths
- 6.8.3 Weaknesses
- 6.8.4 Opportunities
- 6.8.5 Threats
- 6.9 Value Chain Analysis
- 6.9.1 Overview
- 6.9.2 Research and Development
- 6.9.3 Raw Material Procurement
- 6.9.4 Manufacturing
- 6.9.5 Marketing
- 6.9.6 Distribution
- 6.9.7 End-Use
- 6.10 Porters Five Forces Analysis
- 6.10.1 Overview
- 6.10.2 Bargaining Power of Buyers
- 6.10.3 Bargaining Power of Suppliers
- 6.10.4 Degree of Competition
- 6.10.5 Threat of New Entrants
- 6.10.6 Threat of Substitutes
7 Global Miniature Ball Bearing Market: Breakup by Type
- 7.1 Dust Cover Miniature Ball Bearings
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Open Miniature Ball Bearings
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Global Miniature Ball Bearing Market: Breakup by Application
- 8.1 Automotive
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Industrial
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Aerospace
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Household Electrical Appliances
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Medical
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Robotics
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Others (Agricultural, Construction, etc.)
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
9 Global Miniature Ball Bearing Market: Breakup by Region
- 9.1 Asia Pacific
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 North America
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Europe
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Latin America
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Miniature (Small) Ball Bearing Manufacturing Process
- 10.1 Product Overview
- 10.2 Raw Material Requirements
- 10.3 Detailed Process Flow
- 10.4 Various Types of Unit Operations Involved
- 10.5 Key Success and Risk Factors
11 Global Miniature Ball Bearing Market: Competitive Landscape
- 11.1 Market Structure
- 11.2 Key Players
- 11.3 Profiles of Key Players
- 11.3.1 Minebea Mitsumi Inc
- 11.3.2 NSK Ltd.
- 11.3.3 Kitanihon Seiki Co. Ltd.
- 11.3.4 CW Bearing Gmbh
- 11.3.5 GRW Bearing Gmbh
List of Figures
- Figure 1: Global: Miniature Ball Bearing: Major Drivers and Challenges
- Figure 2: Global: Ball Bearing Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Ball Bearing Market: Breakup by Size (in %), 2022
- Figure 4: Global: Ball Bearing Market: Breakup by Application (in %), 2022
- Figure 5: Global: Ball Bearing Market: Breakup by Region (in %), 2022
- Figure 6: Global: Ball Bearing Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 7: Global: Miniature Ball Bearing Market: Sales Volume (in Million Units), 2017-2022
- Figure 8: Global: Miniature Ball Bearing Market: Sales Value (in Billion US$), 2017-2022
- Figure 9: Global: Miniature Ball Bearing Market: Breakup by Type (in %), 2022
- Figure 10: Global: Miniature Ball Bearing Market: Breakup by Application (in %), 2022
- Figure 11: Global: Miniature Ball Bearing Market: Breakup by Region (in %), 2022
- Figure 12: Global: Miniature Ball Bearing Market Forecast: Sales Volume (in Million Units), 2023-2028
- Figure 13: Global: Miniature Ball Bearing Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 14: Global: Miniature Ball Bearing Industry: SWOT Analysis
- Figure 15: Global: Miniature Ball Bearing Industry: Value Chain Analysis
- Figure 16: Global: Miniature Ball Bearing Industry: Porter's Five Forces Analysis
- Figure 17: Global: Dust Cover Miniature Ball Bearing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Dust Cover Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Open Miniature Ball Bearing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Open Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Other Miniature Ball Bearing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Other Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Miniature Ball Bearing (Applications in Automotive Sector) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Miniature Ball Bearing (Applications in Automotive Sector) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Miniature Ball Bearing (Applications in Industrial Sector) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Miniature Ball Bearing (Applications in Industrial Sector) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Miniature Ball Bearing (Applications in Aerospace Sector) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Miniature Ball Bearing (Applications in Aerospace Sector) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Miniature Ball Bearing (Applications in Household Electrical Appliances) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Miniature Ball Bearing (Applications in Household Electrical Appliances) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Miniature Ball Bearing (Applications in Medical Sector) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Miniature Ball Bearing (Applications in Medical Sector) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Miniature Ball Bearing (Applications in Robotics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Miniature Ball Bearing (Applications in Robotics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Miniature Ball Bearing (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Miniature Ball Bearing (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Asia Pacific: Miniature Ball Bearing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Asia Pacific: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: North America: Miniature Ball Bearing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: North America: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Europe: Miniature Ball Bearing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Europe: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Latin America: Miniature Ball Bearing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Latin America: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Middle East and Africa: Miniature Ball Bearing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Middle East and Africa: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Basic Structure of a Ball Bearing
- Figure 48: Miniature Ball Bearing Manufacturing: Detailed Process Flow
List of Tables
- Table 1: Global: Ball Bearing Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Miniature Ball Bearing Market: Key Industry Highlights, 2022 and 2028
- Table 3: Global: Miniature Ball Bearing Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 4: Global: Miniature Ball Bearing Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Miniature Ball Bearing Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Miniature Ball Bearing Market: Competitive Structure
- Table 7: Global: Miniature Ball Bearing Market: Key Players
