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2018 - 2026 Miniature Ball Bearing Market - Global Industry Analysis, Market Size, Opportunities and Forecast Report By Acumen Research and Consulting

Press Release   •   Jan 31, 2018 06:39 EST

Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Miniature Ball Bearing Market - (Type: Open Miniature Ball Bearings, Dust Over Miniature Ball Bearings, Others; Application: Small Motors, Information and Telecommunications Equipment, Instrumentation and Semiconductor Equipment, Household Electrical Appliances, Medical, Industrial, Automotive, Machine Tools, Robotics, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026”, estimates that the global market of miniature ball bearing is expected to reach the market value around 2.30 billion by 2026 and is expected to grow at a CAGR of 9.0% in terms of revenue during the period 2018 - 2026.

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The miniature ball bearing refers to bearing with outer diameter 20mm or less. Miniature ball bearings, like all other ball bearings, are designed to reduce friction and to handle payloads so that heavy weights can be relocated easily by means of some application such as cranes, etc. High demand from automotive industry and increasing applications in various industries such as automotive, medical, machine tools, robotics and others are the major factors driving the global market growth. In addition, rapid industrialization, urbanization, and improved spending capacity of consumers are also driving the growth of miniature ball bearings market. The product innovations present a challenge to bearing manufacturers since there are ever increasing demands to offer bearings with accuracy, high performance, and reliability. Technological innovations in automobile sector have led to the introduction of small motors, compressors and alternators which require miniature ball bearings.

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Focus On Developing Bearings That Can Fit Into Limited Space

Miniature ball bearings are advantageous in a wide range of applications. These bearings are tremendously suitable in applications such as electrical, automotive, and medical devices where the space is partially available or limited. Apart from improving the quality of bearings, the focus is also being put by various OEMs on finding cost effective and environment friendly solutions. Berkeley Lab's Materials Sciences Division (MSD) Berkeley, California USA, developed smallest bearings which are a few billionths of a meter in size. These bearings find their applications in microscopic machines. In 2015, Minebea Mitsumi Inc. developed smallest commercially available steel ball bearing.

Insights on Market Segments

The miniature ball bearing market is segmented based on type, application, and geography. Based on type, it is classified into open miniature ball bearings, dust over miniature ball bearings, and others (flanged outer and extended inner). Based on application, the market is divided into small motors, information and telecommunications equipment, instrumentation and semiconductor equipment, household electrical appliances, medical, industrial, automotive, machine tools, robotics, others. Furthermore, the others segment comprises aircraft application, gear heads, office automation equipment and tape guide assemblies. By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World.

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The Asia-Pacific Represents Major Share in the Miniature Ball Bearing Market

Asia-Pacific was the largest market in the global miniature ball bearing market in 2015, and is expected to continue its dominance till 2026. This regional market held more than 55.0% share in 2015, in terms of volume. Major demand of miniature ball bearings comes from gearboxes, pumps, automobiles, industrial and medical sector among others. The miniature ball bearing business carters to the requirement of replacement market directly linked to automotive and industrial sectors. Industrial miniature bearing market is far more spread. The government fillip to manufacturing sectors in many Asian countries has led to the increase in miniature ball bearing business. The industrial applications of miniature ball bearing products are enormous, which calls for manufacturing of a specialized miniature ball bearing. The increase in infrastructure and industrialization has led to the growth of Asia-Pacific miniature ball bearing market.

The major companies profiled in the report include Minebea MITSUMI Inc., Huanchai Bearing Group Co., Ltd, Pacamor Kubar Bearings, Inc, Kitanihon Seiki Co., Ltd., Shanghai Lily Bearing Manufacturing Co., Ltd, The Timken Company, SKF AB, NTN Corporation, NSK Ltd., GRW High Precision Ball Bearings, and F** Kugelfischer GmbH among others.

Chapter 1. Research Scope & Methodology

1.1 Market Definition

1.2 Market Scope

1.3 Market Breakdown By Type

1.4 Market Breakdown By Application

1.5 Market Breakdown By Geography

Chapter 2. Executive Summary

2.1 Key Findings

2.2 Market Snapshot: Global Miniature Ball Bearings Market

Chapter 3. Market Outlook

3.1 Introduction

3.2 Value Chain Analysis

3.3 Trends In Miniature Ball Bearings Market

3.3.1 Focus On Developing Bearings That Can Fit Into Limited Space

3.3.2 Increasing Recycling Efforts

3.3.3 Opportunities In The Miniature Ball Bearing Market

3.3.4 Growing Robotics And Automation Industry

3.3.5 Rise In Product Miniaturization Across Several Industries

3.4 Market Drivers

3.4.1 High Demand From The Automotive Sector

3.4.2 Increasing Applications Among Various End User Industries

3.5 Market Restraints

3.5.1 Maintenance And Flexibility Concerns

Chapter 4. Global Miniature Ball Bearing Market Analysis

4.1 Global Miniature Ball Bearing Market

4.1.1 Global Miniature Ball Bearing Market, 2015 – 2026 (Million Units)

4.1.2 Global Miniature Ball Bearing Market, 2015 – 2026 ($Million)

4.2 Global Miniature Ball Bearing Market, By Type

4.2.1 Global Miniature Ball Bearing Market, By Type, 2015 – 2026 ($Million)

4.2.2 Global Miniature Ball Bearing Market, By Type, 2015 – 2026 (Million Units)

4.3 Global Miniature Ball Bearing Market, By Application

4.3.1 Global Miniature Ball Bearing Market, By Application, 2015 – 2026 (Million Units)

4.3.2 Global Miniature Ball Bearing Market, By Application, 2015 – 2026 ($Million)

4.3.3 Global Miniature Ball Bearing Market, By Household Application, 2015 – 2026 (Million Units)

4.3.4 Global Miniature Ball Bearing Market, By Household Application, 2015 – 2026 ($Million)

4.3.5 Global Miniature Ball Bearing Market, By Medical Application, 2015 – 2026 (Million Units)

4.3.6 Global Miniature Ball Bearing Market, By Medical Application, 2015 – 2026 ($Million)

4.3.7 Global Miniature Ball Bearing Market, By Industrial Application, 2015 – 2026 (Million Units)

4.3.8 Global Miniature Ball Bearing Market, By Industrial Application, 2015 – 2026 ($Million)

4.3.9 Global Miniature Ball Bearing Market, By Automotive Application, 2015 – 2026 (Million Units)

4.3.10 Global Miniature Ball Bearing Market, By Automotive Application, 2015 – 2026 ($Million)

4.4 Global Miniature Ball Bearing Market, By Region

4.4.1 Global Miniature Ball Bearing Market, By Region, 2015 – 2026 (Million Units)

4.4.2 Global Miniature Ball Bearing Market, By Region, 2015 – 2026 ($Million)

Chapter 5. Global Miniature Ball Bearing Market Analysis, By Geography, 2015 - 2026

5.1 North America Miniature Ball Bearing Market

5.1.1 North America Miniature Ball Bearing Market, 2015 – 2026 (Million Units)

5.1.2 North America Miniature Ball Bearing Market, 2015 – 2026 ($Million)

5.1.3 North America Miniature Ball Bearing Market, By Country, 2015 – 2026 (Million Units)

5.1.4 North America Miniature Ball Bearing Market, By Country, 2015 – 2026 ($Million)

5.1.5 North America Miniature Ball Bearing Market, By Type, 2015 – 2026 (Million Units)

5.1.6 North America Miniature Ball Bearing Market, By Type, 2015 – 2026 ($Million)

5.1.7 North America Miniature Ball Bearing Market, By Application, 2015 – 2026 (Million Units)

5.1.8 North America Miniature Ball Bearing Market, By Application, 2015 – 2026 ($Million)

5.2 Europe Miniature Ball Bearing Market

5.2.1 Europe Miniature Ball Bearing Market, 2015 – 2026 (Million Units)

5.2.2 Europe Miniature Ball Bearing Market, 2015 – 2026 ($Million)

5.2.3 Europe Miniature Ball Bearing Market, By Country, 2015 – 2026 (Million Units)

5.2.4 Europe Miniature Ball Bearing Market, By Country, 2015 – 2026 ($Million)

5.2.5 Europe Miniature Ball Bearing Market, By Type, 2015 – 2026 (Million Units)

5.2.6 Europe Miniature Ball Bearing Market, By Type, 2015 – 2026 ($Million)

5.2.7 Europe Miniature Ball Bearing Market, By Application, 2015 – 2026 (Million Units)

5.2.8 Europe Miniature Ball Bearing Market, By Application, 2015 – 2026 ($Million)

5.3 Asia-Pacific Miniature Ball Bearing Market

5.3.1 Asia-Pacific Miniature Ball Bearing Market, 2015 – 2026 (Million Units)

5.3.2 Asia-Pacific Miniature Ball Bearing Market, 2015 – 2026 ($Million)

5.3.3 Asia-Pacific Miniature Ball Bearing Market, By Country, 2015 – 2026 (Million Units)

5.3.4 Asia-Pacific Miniature Ball Bearing Market, By Country, 2015 – 2026 ($Million)

5.3.5 Asia-Pacific Miniature Ball Bearing Market, By Type, 2015 – 2026 (Million Units)

5.3.6 Asia-Pacific Miniature Ball Bearing Market, By Type, 2015 – 2026 ($Million)

5.3.7 Asia-Pacific Miniature Ball Bearing Market, By Application, 2015 – 2026 (Million Units)

5.3.8 Asia-Pacific Miniature Ball Bearing Market, By Application, 2015 – 2026 ($Million)

5.4 Rest Of World (RoW) Miniature Ball Bearing Market

5.4.1 RoW Miniature Ball Bearing Market, 2015 – 2026 (Million Units)

5.4.2 RoW Miniature Ball Bearing Market, 2015 – 2026 ($Million)

5.4.3 RoW Miniature Ball Bearing Market, By Country, 2015 – 2026 (Million Units)

5.4.4 RoW Miniature Ball Bearing Market, By Country, 2015 – 2026 ( $Million)

5.4.5 RoW Miniature Ball Bearing Market, By Type, 2015 – 2026 (Million Units)

5.4.6 RoW Miniature Ball Bearing Market, By Type, 2015 – 2026 ($Million)

5.4.7 RoW Miniature Ball Bearing Market, By Application, 2015 – 2026 (Million Units)

5.4.8 RoW Miniature Ball Bearing Market, By Application, 2015 – 2026 ($Million)

Chapter 6. Competitive Analysis

6.1 Porter's Five Forces Analysis

6.1.1 Bargaining Power Of Supplier

6.1.2 Bargaining Power Of Buyer

6.1.3 Threat Of New Entrants

6.1.4 Intensity Of Rivalry

6.1.5 Threat Of Substitutes

6.2 Company Market Share Analysis, 2016 (%)

6.3 Market Entry Strategy

6.3.1 Regulatory Affairs

6.3.1.1 Lubrication

6.3.1.2 Materials

6.3.1.3 Seals

6.3.2 Business Model Analysis

6.3.3 Competitive Analysis

6.3.4 Investment Analysis

6.3.5 Recommendations

Chapter 7. Company Profiles

7.1 Key Company Profiles

7.1.1 NSK Ltd.

7.1.1.1 Business Overview

7.1.1.2 Product And Service Offerings

7.1.1.3 Company Strategy/News

7.1.2 AB SKF

7.1.2.1 Business Overview

7.1.2.1 Product And Service Offerings

7.1.2.2 Company Strategy/News

7.1.3 Kitanihon Seiki Co., Ltd.

7.1.3.1 Business Overview

7.1.3.2 Product And Service Offerings

7.1.3.3 Company Strategy/News

7.1.4 The Timken Company

7.1.4.1 Business Overview

7.1.4.2 Product And Service Offerings

7.1.4.3 Company Strategy/News

7.1.5 NTN Corporation

7.1.5.1 Business Overview

7.1.5.2 Product And Service Offerings

7.1.5.3 Company Strategy/News

7.1.6 GRW High Precision Ball Bearings

7.1.6.1 Business Overview

7.1.6.2 Product And Service Offerings

7.1.6.3 Company Strategy/News

7.1.7 Pacamor Kubar Bearings, Inc

7.1.7.1 Business Overview

7.1.7.2 Product And Service Offerings

7.1.7.3 Company Strategy/News

7.1.8 Huanchi Bearing Group Co., Ltd

7.1.8.1 Business Overview

7.1.8.2 Product And Service Offerings

7.1.8.3 Company Strategy/News

7.1.9 Shanghai Lily Bearing Manufacturing Co., Ltd.

7.1.9.1 Business Overview

7.1.9.2 Product And Service Offerings

7.1.9.3 Company Strategy/News

7.1.10 MINEBEA MITSUMI Inc.

7.1.10.1 Business Overview

7.1.10.2 Product And Service Offerings

7.1.11 F** Kugelfischer GmbH

7.1.11.1 Business Overview

7.1.11.2 Product and service offerings

7.1.11.3 Company Strategy/News

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