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Miniature Ball Bearing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Report Overview:

The global miniature ball bearing market reached a value of US$ 1.66 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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.

Global Miniature Ball Bearing Market Size Report

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, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on type and application,

Breakup by Type:

  • Dust Cover Miniature Ball Bearings
  • Open Miniature Ball Bearings
  • Others
     

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.

Breakup by Application:

  • Automotive
  • Industrial
  • Aerospace
  • Household Electrical Appliances
  • Medical
  • Robotics
  • Others
     

On the basis of application, automotive represents the largest segment, followed by industrial, aerospace, household electrical appliances, medical, robotics and others.

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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units Million Units, US$ Billion
Segment Coverage Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Minebea Mitsumi Inc, NSK Ltd., Kitanihon Seiki Co. Ltd., CW Bearing Gmbh and GRW Bearing Gmbh.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License $ 2299
Five User License $ 3399
Corporate License $ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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$), 2015 - 2020
Figure 3: Global: Ball Bearing Market: Breakup by Size (in %), 2020
Figure 4: Global: Ball Bearing Market: Breakup by Application (in %), 2020
Figure 5: Global: Ball Bearing Market: Breakup by Region (in %), 2020
Figure 6: Global: Ball Bearing Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 7: Global: Miniature Ball Bearing Market: Sales Volume (in Million Units), 2015 - 2020
Figure 8: Global: Miniature Ball Bearing Market: Sales Value (in Billion US$), 2015 - 2020
Figure 9: Global: Miniature Ball Bearing Market: Breakup by Type (in %), 2020
Figure 10: Global: Miniature Ball Bearing Market: Breakup by Application (in %), 2020
Figure 11: Global: Miniature Ball Bearing Market: Breakup by Region (in %), 2020
Figure 12: Global: Miniature Ball Bearing Market Forecast: Sales Volume (in Million Units), 2021-2026
Figure 13: Global: Miniature Ball Bearing Market Forecast: Sales Value (in Billion US$), 2021-2026
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$), 2015 & 2020
Figure 18: Global: Dust Cover Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Open Miniature Ball Bearing Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Open Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Other Miniature Ball Bearing Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Other Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Miniature Ball Bearing (Applications in Automotive Sector) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Miniature Ball Bearing (Applications in Automotive Sector) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Miniature Ball Bearing (Applications in Industrial Sector) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Miniature Ball Bearing (Applications in Industrial Sector) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Miniature Ball Bearing (Applications in Aerospace Sector) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Miniature Ball Bearing (Applications in Aerospace Sector) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Miniature Ball Bearing (Applications in Household Electrical Appliances) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Miniature Ball Bearing (Applications in Household Electrical Appliances) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Miniature Ball Bearing (Applications in Medical Sector) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Miniature Ball Bearing (Applications in Medical Sector) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Miniature Ball Bearing (Applications in Robotics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Miniature Ball Bearing (Applications in Robotics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Miniature Ball Bearing (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Miniature Ball Bearing (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Asia Pacific: Miniature Ball Bearing Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Asia Pacific: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: North America: Miniature Ball Bearing Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: North America: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Europe: Miniature Ball Bearing Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Europe: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Latin America: Miniature Ball Bearing Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Latin America: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Middle East and Africa: Miniature Ball Bearing Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Middle East and Africa: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2021-2026
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, 2020 and 2026
Table 2: Global: Miniature Ball Bearing Market: Key Industry Highlights, 2020 and 2026
Table 3: Global: Miniature Ball Bearing Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 4: Global: Miniature Ball Bearing Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Miniature Ball Bearing Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Miniature Ball Bearing Market: Competitive Structure
Table 7: Global: Miniature Ball Bearing Market: Key Players

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Key Question Answered in this Report

The global miniature ball bearing market was valued at US$ 1.66 Billion in 2020.

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.

Rapid industrialization, coupled with the increasing adoption of mechanical components across diverse sectors, represents some of the key factors driving the global miniature ball bearing market.

Based on the type, the global miniature ball bearing 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 exhibit a clear dominance in the market.

Based on the application, the global miniature ball bearing market can be divided into automotive, industrial, aerospace, household electrical appliances, medical, robotics and others. Among these applications, the automotive sector accounts for the largest segment.

On a regional level, the market has been classified into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America, where Asia Pacific currently dominates the global market.


Some of the major players in the global miniature ball bearing market include Minebea Mitsumi Inc, NSK Ltd., Kitanihon Seiki Co. Ltd., CW Bearing Gmbh, and GRW Bearing Gmbh.

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