PUBLISHER: TechNavio | PRODUCT CODE: 1738127
PUBLISHER: TechNavio | PRODUCT CODE: 1738127
The ball bearings market is forecasted to grow by USD 2,379.1 mn during 2024-2029, accelerating at a CAGR of 7.3% during the forecast period. The report on the ball bearings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in automotive industry, urbanization and industrialization, and expansion of renewable energy sector.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 6.7% |
CAGR | 7.3% |
Incremental Value | $2,379.1 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's ball bearings market is segmented as below:
By End-user
By Product
By Product Type
By Type
By Geographical Landscape
This study identifies the introduction of new products as one of the prime reasons driving the ball bearings market growth during the next few years. Also, growing focus on mergers and acquisitions and focus on use of biocompatible materials for ball bearings will lead to sizable demand in the market.
The report on the ball bearings market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ball bearings market vendors that include AB SKF, ASAHI SEIKO Co. Ltd., C and U Group, Grupo NBI, Harbin Bearing Manufacturing Co. Ltd., HKT BEARINGS Ltd., JTEKT Corp., LYC Bearing Corp., MinebeaMitsumi Inc., NACHI FUJIKOSHI Corp., NSK Ltd., NTN Corp., RBC Bearings Inc., Regal Rexnord Corp., Schaeffler AG, Sriji Gopalji Foundries Pvt. Ltd, The Timken Co., and ZWZ Bearing. Also, the ball bearings market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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