The deep-groove ball bearings market witnessed a higher growth during the assessed period. Deep-groove ball bearing is the most conventional type of bearing and its use encompasses several industries ranging from heavy machinery to high accuracy device and apparatus. This type of bearing comprises four elements having inner ring, outer ring and a cage that holds balls and ball bearings. Due to the flat surface on outer and inner ring, deep groove ball bearings enable a large area of contact that drives high performance and enables high load bearing capacities.
Commercially, the different types of deep-groove ball bearings include single row deep-groove ball bearing, extra small bearings & miniature ball bearings. Driving factors responsible for the deep-groove ball bearings market includes rise in mechanical products coupled with technological leverage for end-use/applications. Other factors include rise in production of commercial vehicles facilitating efficient transmission and ensuring proper synchronization of movable parts in a vehicle. Also, the rise in use of deep-groove ball bearings in pumps and motors contribute to the market growth in the estimated period. Segmentation for deep-groove ball bearings market includes single-row bearings, double-row bearings and multi-row bearings. Segmentation for deep-groove ball bearings industry includes transportation vehicles, household appliances and construction machinery.
Deep-groove ball bearings market is geographically segmented into North America, South America, Europe, Asia-Pacific, Middle-East and Africa. Asia-Pacific deep-groove ball bearing sales market anticipated in a higher growth due to presence of heavy machinery industries and use of heavy machineries in domain such as mining, construction, agriculture, infrastructure and power generation.
North America and Europe market also account for a large share in the market growth due to rise in mechanical industries coupled with sound knowledge of technology and its impact. MEA market on the other hand witnesses a moderate growth in the estimated period due to lower presence of manufacturing units and slower pace of technological progress. The key players in the deep-groove ball bearing sales market include SKF, NTN Corporation, Schaeffler Group, NSK Global, Timken and JTEKT.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Deep-groove Ball Bearings in these regions, from 2013 to 2025 (forecast), covering
• North America
• Southeast Asia
Global Deep-groove Ball Bearings market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Nachi Europe GmbH
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Single-Row Bearings
• Double-Row Bearings
• Multi-Row Bearings
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Household Appliances
• Transportation Vehicles
• Construction Machinery
Research Support Specialist, USA