The United States ball bearing market is currently witnessing moderate growth. Also known as an anti-friction component, a ball bearing is a rolling element comprising two ring-like tracks and a small rotating metal ball. It maintains low friction motion and supports the axial and radial loads. As it is durable and easy to maintain, it is used in various industries across the United States.
The market is primarily driven by the flourishing end use industries, such as aerospace, medical, and robotics in the United States. Moreover, the increasing utilization of electric vehicles (EVs), in confluence with the burgeoning automotive sector, is driving the sales of ball bearings. Apart from this, the well-established manufacturing sector, along with the rising investments in the research and development (R&D) activities by leading players, are contributing to the market growth. Besides this, market players are introducing advanced product variants with improved performance and efficient transmission to expand their existing consumer base. However, the market growth has been hampered due to the imposition of lockdown restrictions by the US Government and the ongoing coronavirus disease (COVID-19). It is anticipated to recover once lockdowns are uplifted. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the United States ball bearing market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region and application.
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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