Miniature Ball Bearing Market (Type: Open Miniature Ball Bearings, Dust Over Miniature Ball Bearings, Others; Application: Small Motors, Information and Telecommunications Equipment, Instrumentation and Semiconductor Equipment, Household Electrical Appliances, Medical, Industrial, Automotive, Machine Tools, Robotics, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction

Ball bearings are the machinery constituents, which comprise shields, snap rings, inner ring, outer ring, balls, and retainers. Small-sized ball bearings or miniature ball bearings consists of exterior diameter up to 20mm. Ball bearings incline to have inferior load capacity due to its size than other varieties of rolling-element bearings. Equipment manufacturers have a multitude of bearing requirements including higher speeds, less torque, zero maintenance, less noise and vibration, withstanding harsh environments, integration into units, and many more. Miniature ball bearings provide an ideal solution for a wide variety of light duty instrument and precision applications. Ball bearings with Internal Diameter (ID) less than 10mm and outer diameter (OD) of 20 mm or less are classified as miniature ball bearings, and are sometimes referred to as micro bearings or instrument bearings. Automotive industry is the largest consumer of miniature ball bearings, across the globe.

Market Dynamics

The market is mainly driven by the factors such as high demand from automotive sector and growing applications of miniature ball bearings among various end user industries. In addition, swift urbanization, industrialization, and improved spending capability of customers are also contributing to the growth of miniature ball bearings market. However, maintenance and flexibility concerns can restrict the growth of global miniature ball bearing market. Focus on developing bearings that can fit into limited space, increasing recycling efforts, opportunities in the miniature ball bearing market, growing robotics and automation industry and rise in product miniaturization across several industries are some of the factors expected to propel the growth of this market during the forecast period.

On the basis of application, the global miniature ball bearing market is segmented into small motors, information and telecommunications equipment, instrumentation and semiconductor equipment, household electrical appliances, medical, industrial, automotive, machine tools, robotics and others. Greater demand for bearings in automotive, industrial and medical applications provides the boost to market growth. The global automotive industry is experiencing major growth, especially in emerging economies such as China and India, resulting in a rising demand for miniature ball bearings. Ball bearings are required in automobiles to reduce friction, bear load and improve performance. Ball bearings are used in many parts of automobiles such as engine, clutch, gearbox, transmission shaft, wheel hub, among others. They are also preferred over other ball bearings as they reduce friction to the minimum.

Report Coverage

The market research study on “Miniature Ball Bearing Market (Type: Open Miniature Ball Bearings, Dust Over Miniature Ball Bearings, Others; Application: Small Motors, Information and Telecommunications Equipment, Instrumentation and Semiconductor Equipment, Household Electrical Appliances, Medical, Industrial, Automotive, Machine Tools, Robotics, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers a detailed study on miniature ball bearing market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact analysis are provided. Information about porter's five forces analysis is also mentioned under the report scope. The report provides insight on global miniature ball bearing market, its type, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global miniature ball bearing market size and volume, and the segment markets by type, application, and geography along with the information on companies operating in the market. The miniature ball bearing market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, and Rest of the World. For each region, the market sizes and volume for different segments have been covered under the scope of report. There are large numbers of miniature ball bearing manufacturers present in the market. Some of the major manufacturers include The Timken Company, NTN Corporation, Huanchai Bearing Group Co., Ltd, SKF AB, Kitanihon Seiki Co., Ltd., FAG Kugelfischer GmbH, Shanghai Lily Bearing Manufacturing Co., Ltd, Pacamor Kubar Bearings, Inc, NSK Ltd., Minebea MITSUMI Inc., and GRW High Precision Ball Bearings among others

The global miniature ball bearing market is segmented as below:

• Open Miniature Ball Bearings
• Dust Over Miniature Ball Bearings
• Others (Flanged outer, Extended Inner)

• Small Motors
• Information and Telecommunications Equipment
• Instrumentation and Semiconductor Equipment
• Household Electrical Appliances
• Medical
• Industrial
• Automotive
• Machine Tools
• Robotics
• Others (Aircraft application, Gear heads, office automation equipment, tape guide assemblies)

• North America
  • U.S.
  • Canada 
  • Mexico
• Europe
  • Germany
  • U.K.
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Taiwan
  • Rest of Asia-Pacific
• Rest of the World
  • Brazil
  • South Africa
  • Rest of Row