Report Overview:
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. According to the latest report by IMARC Group, titled “Miniature Ball Bearing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global miniature ball bearing market reached a value of US$ 1,551 Million in 2019.
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. Looking forward, IMARC Group expects the global miniature ball bearing market to continue its moderate growth during the next five years.
Market Summary:
- Based on type, the market has been segmented as open miniature ball bearings, dust cover miniature ball bearings and others (flanged outer, extended inner). Currently, dust cover miniature ball bearings dominate the market with the largest share.
- On the basis of application, automotive represents the largest segment, followed by industrial and aerospace.
- 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.
- The competitive landscape of the market has also been examined with some of the key players being Minebea, NSK, Kitanihon Seiki, CW, and GRW.
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
The global miniature ball bearing market was worth around US$ 1,551 Million in 2019.
According to the estimates by IMARC Group, the global miniature ball bearing market will exhibit moderate growth during the next five years.
Rapid industrialization, coupled with the increasing adoption of mechanical components across diverse industries, represents one of the key drivers for the global miniature ball bearing market.
The emergence of electric and hybrid vehicles, along with the introduction of industrial robots, will continue to further augment the market for miniature ball bearing in the coming years.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary shutdown of numerous end-use industries for miniature ball bearing.
On the basis of type, the market has been bifurcated into open miniature ball bearings, dust cover miniature ball bearings, and others (flanged outer, extended inner). Currently, dust cover miniature ball bearings dominate the market with the largest share.
On the basis of application, the market has been bifurcated into automotive, industrial and aerospace. Among these applications, automotive accounts for the largest segment.
Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America, where Asia Pacific accounts for the majority of the global market.
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$), 2014 - 2019
Figure 3: Global: Ball Bearing Market: Breakup by Size (in %), 2019
Figure 4: Global: Ball Bearing Market: Breakup by Application (in %), 2019
Figure 5: Global: Ball Bearing Market: Breakup by Region (in %), 2019
Figure 6: Global: Ball Bearing Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 7: Global: Miniature Ball Bearing Market: Sales Volume (in Million Units), 2014 - 2019
Figure 8: Global: Miniature Ball Bearing Market: Sales Value (in Million US$), 2014 - 2019
Figure 9: Global: Miniature Ball Bearing Market: Breakup by Type (in %), 2019
Figure 10: Global: Miniature Ball Bearing Market: Breakup by Application (in %), 2019
Figure 11: Global: Miniature Ball Bearing Market: Breakup by Region (in %), 2019
Figure 12: Global: Miniature Ball Bearing Market Forecast: Sales Volume (in Million Units), 2020-2025
Figure 13: Global: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2020-2025
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$), 2014 & 2019
Figure 18: Global: Dust Cover Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Open Miniature Ball Bearing Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Open Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Other Miniature Ball Bearing Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Other Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Miniature Ball Bearing (Applications in Automotive Sector) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Miniature Ball Bearing (Applications in Automotive Sector) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Miniature Ball Bearing (Applications in Industrial Sector) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Miniature Ball Bearing (Applications in Industrial Sector) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: Global: Miniature Ball Bearing (Applications in Aerospace Sector) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: Global: Miniature Ball Bearing (Applications in Aerospace Sector) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: Global: Miniature Ball Bearing (Applications in Household Electrical Appliances) Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: Global: Miniature Ball Bearing (Applications in Household Electrical Appliances) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Global: Miniature Ball Bearing (Applications in Medical Sector) Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Global: Miniature Ball Bearing (Applications in Medical Sector) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: Global: Miniature Ball Bearing (Applications in Robotics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: Global: Miniature Ball Bearing (Applications in Robotics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: Global: Miniature Ball Bearing (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: Global: Miniature Ball Bearing (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: Asia Pacific: Miniature Ball Bearing Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: Asia Pacific: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: North America: Miniature Ball Bearing Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: North America: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: Europe: Miniature Ball Bearing Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: Europe: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: Latin America: Miniature Ball Bearing Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: Latin America: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: Middle East and Africa: Miniature Ball Bearing Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: Middle East and Africa: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2020-2025
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, 2019 and 2025
Table 2: Global: Miniature Ball Bearing Market: Key Industry Highlights, 2019 and 2025
Table 3: Global: Miniature Ball Bearing Market Forecast: Breakup by Type (in Million US$), 2020-2025
Table 4: Global: Miniature Ball Bearing Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 5: Global: Miniature Ball Bearing Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: Global: Miniature Ball Bearing Market: Competitive Structure
Table 7: Global: Miniature Ball Bearing Market: Key Players