The North America miniature ball bearing market reached a value of US$ 388 Million in 2019. Miniature ball bearings, also known as small ball bearings, are machined bearings with an outer diameter of 22mm or less. These include various components, such as inner ring, outer ring, shields, snap rings, retainers, and balls. Miniature ball bearings are designed for handling payloads and reducing friction to make heavyweights to be relocated easily. These bearings can be mainly divided into two types – open and dust cover miniature ball bearings. Miniature ball bearings are beneficial in several applications, including automotive, electrical and medical devices, where there is an availability of partial or limited space.
The North America miniature ball bearing market is driven by several factors. The rising utilization of miniature ball bearings in personal computers, automotive components, power tools, air conditioners, and printers, has propelled the market growth in the region. In addition to this, with rapid technological advancements, such as implementing 3D printing technology for producing ball bearings, have also catalyzed the demand. Apart from this, development in major end-use industries in the region, including aerospace, medical, and robotics has further added to the market growth. Besides this, the growth is anticipated to be sustained by well-established manufacturing infrastructure and increasing investment in R&D activities by manufacturers. Looking forward, IMARC Group expects the market to reach a value of US$ 553 Million by 2025, registering a CAGR of 6.1% during 2020-2025.
Report Scope:
- North America Miniature Ball Bearing Market
- Key Regions Analysed
- Analysis for Each Country
- Market by Type
- Dust Cover Miniature Ball Bearings
- Open Miniature Ball Bearings
- Others
- Market by Application
- Automotive
- Industrial
- Aerospace
- Household Electrical Appliances
- Medical
- Robotics
- Others
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Key Questions Answered in This Report:
- How has the North America miniature ball bearing market performed so far and how will it perform in the coming years?
- What are the key regions in the North America miniature ball bearing market?
- What is the breakup of the North America miniature ball bearing market on the basis of type?
- What is the breakup of the North America miniature ball bearing market on the basis of application?
- What are the various stages in the value chain of the North America miniature ball bearing industry?
- What are the key driving factors and challenges in the North America miniature ball bearing industry?
- What is the structure of the North America miniature ball bearing industry and who are the key players?
- What is the degree of competition in the North America miniature ball bearing industry?
Report Coverage:
- Base Year Considered: 2019
- Historical Data Coverage: 2014-2019
- Market Forecast: 2020-2025
- Currency: US$
- Geography Covered: North America, United States and Canada
- Segments Covered: Type and Application.
Report Customization: Although IMARC has tried to cover everything in the North America miniature ball bearing market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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 Miniature Ball Bearing Market
5.1 Market Performance
5.2 Market Breakup by Type
5.3 Market Breakup by Application
5.4 Market Breakup by Region
5.5 Market Forecast
6 North America Miniature Ball Bearing Market
6.1 Market Performance
6.2 Market Forecast
7 North America Miniature Ball Bearing Market: Breakup by Type
7.1 Dust Cover Miniature Ball Bearings
7.2 Open Miniature Ball Bearings
7.3 Others
8 North America Miniature Ball Bearing Market: Breakup by Application
8.1 Automotive
8.2 Industrial
8.3 Aerospace
8.4 Household Electrical Appliances
8.5 Medical
8.6 Robotics
8.7 Others
9 North America Miniature Ball Bearing Market: Breakup by Country
9.1 United States
9.1.1 Historical Market Trends
9.1.2 Market Breakup by Type
9.1.3 Market Breakup by Application
9.1.4 Market Forecast
9.2 Canada
9.2.1 Historical Market Trends
9.2.2 Market Breakup by Type
9.2.3 Market Breakup by Application
9.2.4 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Research and Development
11.3 Raw Material Procurement
11.4 Manufacturing
11.5 Distribution
11.6 End-Use
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
List of Figures
Figure 1: Global: Miniature Ball Bearing Market: Sales Value (in Billion US$), 2014-2019
Figure 2: Global: Miniature Ball Bearing Market: Breakup by Type (in %), 2019
Figure 3: Global: Miniature Ball Bearing Market: Breakup by Application (in %), 2019
Figure 4: Global: Miniature Ball Bearing Market: Breakup by Region (in %), 2019
Figure 5: Global: Miniature Ball Bearing Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 6: North America: Miniature Ball Bearing Market: Sales Value (in Million US$), 2014-2019
Figure 7: North America: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 8: North America: Miniature Ball Bearing Market: Breakup by Type (in %), 2019
Figure 9: North America: Miniature Ball Bearing (Dust Cover Miniature Ball Bearings) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: North America: Miniature Ball Bearing (Dust Cover Miniature Ball Bearings) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: North America: Miniature Ball Bearing (Open Miniature Ball Bearings) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: North America: Miniature Ball Bearing (Open Miniature Ball Bearings) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: North America: Miniature Ball Bearing (Other Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: North America: Miniature Ball Bearing (Other Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: North America: Miniature Ball Bearing Market: Breakup by Application (in %), 2019
Figure 16: North America: Miniature Ball Bearing (Automotive) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: North America: Miniature Ball Bearing (Automotive) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: North America: Miniature Ball Bearing (Industrial) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: North America: Miniature Ball Bearing (Industrial) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: North America: Miniature Ball Bearing (Aerospace) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: North America: Miniature Ball Bearing (Aerospace) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: North America: Miniature Ball Bearing (Household Electrical Appliances) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: North America: Miniature Ball Bearing (Household Electrical Appliances) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: North America: Miniature Ball Bearing (Medical) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: North America: Miniature Ball Bearing (Medical) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: North America: Miniature Ball Bearing (Robotics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: North America: Miniature Ball Bearing (Robotics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: North America: Miniature Ball Bearing (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: North America: Miniature Ball Bearing (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: North America: Miniature Ball Bearing Market: Breakup by Country (in %), 2019
Figure 31: United States: Miniature Ball Bearing Market: Sales Value (in Million US$), 2014-2019
Figure 32: United States: Miniature Ball Bearing Market: Breakup by Type (in %), 2019
Figure 33: United States: Miniature Ball Bearing Market: Breakup by Application (in %), 2019
Figure 34: United States: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: Canada: Miniature Ball Bearing Market: Sales Value (in Million US$), 2014-2019
Figure 36: Canada: Miniature Ball Bearing Market: Breakup by Type (in %), 2019
Figure 37: Canada: Miniature Ball Bearing Market: Breakup by Application (in %), 2019
Figure 38: Canada: Miniature Ball Bearing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: North America: Miniature Ball Bearing Industry: SWOT Analysis
Figure 40: North America: Miniature Ball Bearing Industry: Value Chain Analysis
Figure 41: North America: Miniature Ball Bearing Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: North America: Miniature Ball Bearing Market: Key Industry Highlights, 2019 and 2025
Table 2: North America: Miniature Ball Bearing Market Forecast: Breakup by Type (in Million US$), 2020-2025
Table 3: North America: Miniature Ball Bearing Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 4: North America: Miniature Ball Bearing Market Forecast: Breakup by Country (in Million US$), 2020-2025
Table 5: North America: Miniature Ball Bearing Market: Competitive Structure
Table 6: North America: Miniature Ball Bearing Market: Key Players