Deep Grove Ball Bearing Market, by Application (Electric Motors, General Machinery, Automotive, Heavy Industry, Construction Machinery, Household Appliances, Aerospace, and others), by type (Single Row, Extra Small & Miniature, Maximum, and Magneto) & Geography- Forecast to 2022
- Report Code: CH 2024
- Publish Date: Upcoming
The global deep grove ball bearing market is estimated to grow at a CAGR of XX% in terms of value from 2017 to 2022. In terms of value the market recorded a consumption of XX.X USD billion in 2016 and is expected to reach XX.X USD billion by 2022 growing at a CAGR of X.X% in between 2017 to 2022. Asia-Pacific recorded the highest consumption of deep grove ball bearings in 2016 and will continue to follow similar trend due to robust growth in the Asia-Pacific region and increased demand of deep grove ball bearings from various end- use industries such as automotive, industrial, aerospace, among others.
The market has been segmented on basis of applications such as electric motors, general machinery, automotive, heavy industry, construction Machinery, household appliances aerospace, and others. Automotive segment held the largest share in 2016, owing to growing demand of automotive around the globe.
On basis of type, the market is segmented into Single Row, Extra Small & Miniature, Maximum, and Magneto. The single row type held the largest share in 2016 and is expected to be growing at the highest CAGR during the forecast period.
An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts and key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of the leading players in the global deep grove ball bearings market has been covered in this report. The key companies in this market include SKF (Sweden), NSK (Japan), Timken (U.S.), JTEKT (Japan), Nachi- Fujikoshi (Japan), and others.
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