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Global Bearing Ball Market 2016-2020

Global Bearing Ball Market 2016-2020

About Bearing Balls

Bearing balls are spherical and smooth balls that are widely used in applications related to ball bearings, besides being used as components in freewheel mechanisms. The bearing balls are available in different grades as predefined by the American Bearing Manufacturers Association (ABMA), which defines the precision of bearing balls and other type of precision balls.

Technavio’s analysts forecast the global bearing ball market to grow at a CAGR of 4.99% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global bearing ball market for 2016-2020. The market size has been calculated from the sales revenue of vendors in this market. The average price of bearing balls has been taken into consideration to estimate the market revenue.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Bearing Ball Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Amatsuji Steel Ball
  • JGBR
  • NN
  • Tsubaki Nakashima
Market driver
  • Growing use of ceramic bearing balls
  • For a full, detailed list, view our report
Market challenge
  • Setbacks to European machine tools manufacturing
  • For a full, detailed list, view our report
Market trend
  • Development of application-specific bearings for clean energy industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Bearing Ball Market 2016-2020

Technavio recognizes the following companies as the key players in the global bearing ball market: Amatsuji Steel Ball, JGBR, NN, and Tsubaki Nakashima.

Commenting on the report, an analyst from Technavio’s team said: “Activities to protect the environment are gaining momentum worldwide; following in the footsteps of other industries, the bearing industry is also making the shift toward developing new types of application-specific bearings for the wind energy segment. Wind turbines require large, maintenance-free, high-quality bearings to save energy and reduce carbon emissions. This emerging trend provides an opportunity for growth of the bearing industry over the forecast period. This will, in turn, translate into high demand for large bore, anti-friction bearings in the manufacturing and heavy machinery industries.”

According to the report, one of the key drivers for market growth will be increase in investment in railways and aerospace. Increased demand for commercial aircraft is expected to fuel the demand for the ball bearing market. Global air traffic has been growing at 5.5% annually. The aerospace industry is expected to have a steady demand for ball bearings, especially those used in commercial aircraft and this is expected to propel demand for bearing balls. However, in the case of military aircraft, missiles, and space, the demand for ball bearings is expected to grow marginally or negatively, depending on the budget allocation in different countries.

Further, the report states that sluggish growth of Chinese economy will be a challenge for the market. The recent slowdown that the Chinese economy has been experiencing will have an adverse effect on the bearing ball market. The Chinese GDP grew at only 7.4% in 2014, the slowest recorded since 1990. The slowdown is mainly attributed to the sluggish performance of the country's real estate sector, together with the huge manufacturing overcapacity.

Companies Mentioned

Amatsuji Steel Ball, JGBR, NN, Tsubaki Nakashima

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Global bearings market in 2015
    • Risk factors in bearing balls industry
      • Table Global bearing ball market by end-users 2015-2020
      • Table Global bearing ball market by geography 2015-2020
  • Market landscape
    • Market size and forecast
      • Table Global bearing ball market 2015-2020 ($ billions)
    • Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Global bearing ball market by end-user 2015 and 2020
    • Automotive
      • Table Global bearing ball market by automotive sector 2015-2020 ($ millions)
      • Table Top five countries in EV market in 2015 (units)
    • General engineering
      • Table Global bearing ball market by general engineering sector 2015-2020 ($ millions)
      • Table Market snapshot of food and beverage packaging industry
      • Table Installed capacity of ring spindles by geography 2000, 2010, and 2013
      • Table Global machine tools market by product 2015-2020 ($ billions)
    • Heavy industry
      • Table Global bearing ball market by heavy industry sector 2015-2020 ($ millions)
      • Table Growth drivers for agriculture industry
    • Aerospace and railways
      • Table Global bearing ball market by aerospace and railway sectors 2015-2020 ($ millions)
      • Table New aircraft demand for passenger and freighters by region 2015-2034 (%)
  • Geographical segmentation
    • Market overview
      • Table Global bearing ball market by geographical segmentation 2015-2020
    • APAC
      • Table Bearing ball market in APAC 2015-2020 ($ millions)
      • Table Ball bearing market in APAC by country 2015 (%)
    • EMEA
      • Table Bearing ball market in EMEA 2015-2020 ($ millions)
      • Table Top five countries in EV sales in Europe 2013 and 2014
      • Table Wind power generation in Europe 2010-2015 (MW)
    • Americas
      • Table Bearing ball market in Americas 2015-2020 ($ millions)
      • Table Wind power generation capacity in Americas 2010-2015 (MW)
  • Market drivers
    • Growing use of ceramic bearing balls
      • Table Benefits of ceramic ball bearings
      • Table Global EV sales outlook 2011-2020 (millions of units)
    • Rising demand for wind power generation
      • Table Wind power generation: Market outlook 2005-2015
    • Increase in investment in railways and aerospace
      • Table Global commercial flights delivery 2015
      • Table Six potential high-speed rail corridors in India
      • Table Rail freight wagon addition schedule in India 2011-2020 (units)
  • Market challenges
    • Setbacks to European machine tools manufacturing
    • Sluggish growth of Chinese economy
      • Table Real GDP of APAC countries 2016 and 2017 (%)
      • Table Real GDP of APAC economies 2016 and 2017 (%)
      • Table Manufacturing PMI for China February 2015-January 2016
    • Proliferation of low-cost vendors and counterfeit products
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Development of application-specific bearings for clean energy industry
      • Table Technology tie-ups of Tsubaki Nakashima in India
    • Vendors shifting to developing countries of APAC
      • Table Investments for infrastructure development in India 2002-2017
  • Vendor landscape
    • Competitive landscape
      • Table Global bearing ball market: Market share analysis 2015
    • Geographic presence
      • Table Key geographic region by vendor
  • Key vendor analysis
    • Amatsuji Steel Ball
    • JGBR
    • NN
    • Tsubaki Nakashima
  • Appendix
    • List of abbreviation
  • Explore Technavio

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