Ball Bearings Global Market By Application & Working Platform Forecast 2023
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  • Ball Bearings Global Market By Application & Working Platform Forecast 2023

     



    (Transportation-News.com, October 17, 2017 ) According to Publisher, the Global Ball Bearings Market is expected to grow at a CAGR of 7.2% during the forecast period. Ball Bearing is a progressing component bearing that uses to sustain the partition between the bearing races. These ball bearings are used in many applications such as hard drive, aerospace bearings, skateboards, yo-yos, and fidget spinners.

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    Some of the key factors that drive the growth of the market such as rising requirement for ceramic ball bearings in electric vehicles, growing investment in railways and aerospace, increasing need for wind power generations, financial growth in emerging countries and rise in need for lightweight bearings in automotive sector. However, risk of low-cost and fake products, enlarged usage of pre-owned bearings and lack of product differentiation and Cartelization are hampering the market growth.

    Based on application, automotive industry leads the global market owing to growing improvements in fuel efficient and technically advanced cars equipped with highly developed safety features. In terms of geography, Asia Pacific captured the largest market share due to the increasing usage of ball bearings in automotive, textile, railway and other industrial applications in this region.

    Some of the key players profiled in this market include JTEKT Corporation, LYC Bearing, MinebeaMitsumi, Graham Corporation, SKF Company, The Timken Company, NSK Ltd, Schaeffler Technologies AG & Co. KG, RBC Bearings, NTN Corporation, Spyraflo, Inc, Federal-Mogul Corporation, Nachi Fujikoshi, AST Corporation and Ingersoll Rand.

    Products Covered:
    -Deep-groove Ball Bearings
    -Angular Contact Ball Bearings
    -Axial Ball Bearings
    -Self-Aligning Ball Bearings
    -Other Products

    Applications Covered:
    -Heavy industry
    -Military
    -Aerospace Engineering
    -Automotive
    -General Engineering
    -Other Applications

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    Regions Covered:
    -North America
    US
    Canada
    Mexico
    -Europe
    Germany
    U.K.
    Italy
    France
    Spain
    Rest of Europe
    -Asia Pacific
    Japan
    China
    India
    Australia
    New Zealand
    South Korea
    Rest of Asia Pacific
    -South America
    Argentina
    Brazil
    Chile
    Rest of South America
    -Middle East & Africa
    Saudi Arabia
    UAE
    Qatar
    South Africa
    Rest of Middle East & Africa

    Company Profiling
    9.1 JTEKT Corporation
    9.2 LYC Bearing
    9.3 MinebeaMitsumi
    9.4 Graham Corporation
    9.5 SKF Company
    9.6 The Timken Company
    9.7 NSK Ltd
    9.8 Schaeffler Technologies AG & Co. KG
    9.9 RBC Bearings
    9.10 NTN Corporation
    9.11 Spyraflo, Inc
    9.12 Federal-Mogul Corporation
    9.13 Nachi Fujikoshi
    9.14 AST Corporation
    9.15 Ingersoll Rand

    For more information about this report: http://www.reportsweb.com/ball-bearings-global-market-outlook-2017-2023

    ReportsWeb.com

    Rajat Sahni

    +1-646-491-9876

    sales@reportsweb.com

    Source: EmailWire.Com

    Source: EmailWire.com

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