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(Transportation-News.com, September 16, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Bearing Ball market for 2018-2023.
A ball bearing is a type of rolling-element bearing that uses balls to maintain the separation between the bearing races. The purpose of a ball bearing is to reduce rotational friction and support radial and axial loads. It achieves this by using at least three races to contain the balls and transmit the loads through the balls. In most applications, one race is stationary and the other is attached to the rotating assembly (e.g., a hub or shaft). As one of the bearing races rotates it causes the balls to rotate as well. Because the balls are rolling they have a much lower coefficient of friction than if two flat surfaces were sliding against each other.
Wind power generation，increase in investment in railways and aerospace，environmental problems are key drivers for bearing ball. Several wind turbine components such as the gearbox, generator, and the pitch and yaw system include bearing balls. Since wind turbines help in minimizing carbon emissions, there is a constant rise in the number of wind turbine installations around the world. 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. APAC was the least affected region during the 2009 recession and the industrial sector in the region managed to sustain its growth, thus driving the market for ball bearings.
Over the next five years, this report projects that Bearing Ball will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Bearing Ball market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
High Speed Bearing Ball
Stardard Bearing Ball
Segmentation by application:
Automotive
Agriculture
Electrical
Mining & Construction
Railway & Aerospace
Automotive Aftermarket
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Amatsuji Steel Ball
JGBR
NN
Tsubaki Nakashima
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Bearing Ball consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Bearing Ball market by identifying its various subsegments.
Focuses on the key global Bearing Ball manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bearing Ball with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Bearing Ball submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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