Deep-groove Ball Bearings Market Trends, Analysis and Forecasts 2025
16th
October 2018 - 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.
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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.
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