The Bearing Ball market was valued at 2540 Million US$ in 2018 and is projected to reach 3620 Million US$ by 2025, at a CAGR of 5.2% during the forecast period.
Los Angeles, CA -- (SBWIRE) -- 01/16/2019 -- QY Research has lately published a new report on "Global Bearing Ball Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025," for the forecasted period 8-years, i.e. between 2017 and 2025.
Bearing Ball is the ball used for Ball bearing.
At present, the production of the global bearing ball industry mainly comes from two parts. One is the Bearing ball production department under the large bearing enterprise, which mainly meets the needs of the enterprise itself; the other is the specialized large-scale bearing ball enterprise, facing the entire bearing industry. The single price of the bearing ball is low, and to realize the production, it needs to be equipped with complete sets of processing and testing equipment, so only large-scale production can effectively reduce the production cost.
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In addition, with the improvement of the bearing precision, the service life, the rotating noise and other performance requirements of the Bearing ball, the Bearing ball enterprise should continuously increase the R&D investment, improve the quality and output efficiency of the finished bearing ball and the technical specialization level is continuously improved. With the continuous increase in the demand for bearing balls, the professional and large-scale business model has gradually become a development trend. The case of the major bearing manufacturers in the world selling the auxiliary steel ball production department has occurred, in 2000. Kaifu Group (SKF) and German FAG (now merged into Schaeffler Group) sold its subordinate steel ball business to NN. TSUBAKI NAKASHIMA acquires NN Bearing Components Division in 2017.
The Bearing Ball market was valued at 2540 Million US$ in 2018 and is projected to reach 3620 Million US$ by 2025, at a CAGR of 5.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bearing Ball.
This study focuses on the production side and consumption side of Bearing Ball, presents the global Bearing Ball market size by manufacturers, regions, type and application, history breakdown data from 2014 to 2019, and forecast to 2025.
In terms of production side, this report researches the Bearing Ball capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Bearing Ball by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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This report includes the following manufacturers; we can also add the other companies as you want.
Tsubaki Nakashima
Amatsuji Steel Ball Mfg. Co., Ltd.
Jiangsu LiXing General Steel Ball Co.,Ltd?
Dong'e Shandong steel ball Group Co., Ltd.
Sunan Weijie Steel Ball Co., Ltd.
Market Segment by Product Type
Ceramic Ball
Plastic Ball
Steel Ball
Market Segment by Application
Industrial Equipment
Automotive Industry
Railway & Aerospace
Others
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