Global Ball Bearings Market 2020-2024

Global Ball Bearings Market 2020-2024

Technavio has been monitoring the ball bearings market and it is poised to grow by $ 4.16 bn during 2020-2024 progressing at a CAGR of 3% during the forecast period. Our reports on ball bearings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the new product launches and the rising demand for wind power generation.

The ball bearings market analysis includes product segment, end-user segment, and geographic landscapes

Technavio's ball bearings market is segmented as below:

By Product

  • Deep groove
  • Angular contact
  • Self-aligning
  • Others
By End-user
  • Automotive industry
  • Heavy industry
  • Aerospace and railway industry
  • Others
By Geographic Landscapes
  • APAC
  • Europe
  • North America
  • South America
  • MEA
This study identifies the increase in adoption of automation in the manufacturing process as one of the prime reasons driving the ball bearings market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our ball bearings market covers the following areas:
  • Ball bearings market sizing
  • Ball bearings market forecast
  • Ball bearings market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ball bearings market vendors that include AB SKF, Harbin Bearing Manufacturing Co. Ltd., JTEKT Corp., Luoyang Huigong Bearing Technology Co. Ltd., LYC Bearing Corp., MinebeaMitsumi Inc., NSK Ltd., NTN Corp., Schaeffler AG, and The Timken Co. Also, the ball bearings market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value Chain Analysis: Industrial machinery
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Aftermarket and service
      • Industry innovations:
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global ball bearings market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2019-2024 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Deep groove - Market size and forecast 2019- 2024
      • Table Deep groove - Market size and forecast 2019-2024 ($ million)
      • Table Global ball bearings market by deep groove 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Deep groove - Year-over-year growth 2019-2024 (%)
    • Angular contact - Market size and forecast 2019- 2024
      • Table Angular contact - Market size and forecast 2019-2024 ($ million)
      • Table Global ball bearings market by angular contact 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Angular contact - Year-over-year growth 2019-2024 (%)
    • Self-aligning - Market size and forecast 2019- 2024
      • Table Self-aligning - Market size and forecast 2019-2024 ($ million)
      • Table Global ball bearings market by self-aligning 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Self-aligning - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Global ball bearings market by others 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Market Segmentation by End-user
    • Market segments
      • Table End-user - Market share 2019-2024 (%)
    • Comparison by End-user
      • Table Comparison by End-user
    • Automotive industry - Market size and forecast 2019-2024
      • Table Automotive industry - Market size and forecast 2019-2024 ($ million)
      • Table Global ball bearings market by automotive industry 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Automotive industry - Year-over-year growth 2019-2024 (%)
    • Heavy industry - Market size and forecast 2019- 2024
      • Table Heavy industry - Market size and forecast 2019-2024 ($ million)
      • Table Global ball bearings market by heavy industry 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Heavy industry - Year-over-year growth 2019-2024 (%)
    • Aerospace and railway industry - Market size and forecast 2019-2024
      • Table Aerospace and railway industry - Market size and forecast 2019-2024 ($ million)
      • Table Global ball bearings market by aerospace and railway industry 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Aerospace and railway industry - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Global ball bearings market by others 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table Ball bearings market in APAC 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Ball bearings market in Europe 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table Ball bearings market in North America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table Ball bearings market in South America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table Ball bearings market in MEA 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • New product launches
      • Rising demand for wind power generation
      • Increase in adoption of automation in manufacturing process
    • Market challenges
      • COVID-19 impacts
      • Penetration of counterfeit and used ball bearing products
      • Fluctuation in raw material prices
        • Table Impact of drivers and challenges
    • Market trends
      • Rise in adoption of industrial robotics
      • Increasing investments in electric vehicles
      • Increasing strategic partnerships
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AB SKF
      • Table AB SKF – Overview
      • Table AB SKF - Business segments
      • Table AB SKF – Key news
      • Table AB SKF - Key offerings
      • Table AB SKF - Segment focus
    • Harbin Bearing Manufacturing Co. Ltd.
      • Table Harbin Bearing Manufacturing Co. Ltd. –Overview
      • Table Harbin Bearing Manufacturing Co. Ltd. - Product and service
      • Table Harbin Bearing Manufacturing Co. Ltd. - Key offerings
    • JTEKT Corp.
      • Table JTEKT Corp. –Overview
      • Table JTEKT Corp. - Business segments
      • Table JTEKT Corp. –Key news
      • Table JTEKT Corp. - Key offerings
      • Table JTEKT Corp. - Segment focus
    • Luoyang Huigong Bearing Technology Co. Ltd.
      • Table Luoyang Huigong Bearing Technology Co. Ltd. –Overview
      • Table Luoyang Huigong Bearing Technology Co. Ltd. - Product and service
      • Table Luoyang Huigong Bearing Technology Co. Ltd. - Key offerings
    • LYC Bearing Corp.
      • Table LYC Bearing Corp. –Overview
      • Table LYC Bearing Corp. - Product and service
      • Table LYC Bearing Corp. - Key offerings
    • MinebeaMitsumi Inc.
      • Table MinebeaMitsumi Inc. –Overview
      • Table MinebeaMitsumi Inc. - Business segments
      • Table MinebeaMitsumi Inc. - Key news
      • Table MinebeaMitsumi Inc. - Key offerings
      • Table MinebeaMitsumi Inc. - Segment focus
    • NSK Ltd.
      • Table NSK Ltd. –Overview
      • Table NSK Ltd. - Business segments
      • Table NSK Ltd. –Key news
      • Table NSK Ltd. - Key offerings
      • Table NSK Ltd. - Segment focus
    • NTN Corp.
      • Table NTN Corp. –Overview
      • Table NTN Corp. - Business segments
      • Table NTN Corp. –Key news
      • Table NTN Corp. - Key offerings
      • Table NTN Corp. - Segment focus
    • Schaeffler AG
      • Table Schaeffler AG – Overview
      • Table Schaeffler AG - Business segments
      • Table Schaeffler AG - Key news
      • Table Schaeffler AG - Key offerings
      • Table Schaeffler AG - Segment focus
    • The Timken Co.
      • Table The Timken Co. –Overview
      • Table The Timken Co. - Business segments
      • Table The Timken Co. - Key offerings
      • Table The Timken Co. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook