Ball Bearing Market : Global industry Analysis, Share, Size, ,Trends And Forecast Research Report 2017-2022

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  Global Ball Bearing Market to Reach 46 Billion
Tons by 2022
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Report Description and Highlights
Report Description
Ball Bearing Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2017-2022 The global ball bearing market has
witnessed a positive growth over the past several
years. This can be accredited to their
applications in wind power generation and other
heavy industries, along with increased consumer
preferences for motor vehicles. According to
IMARC Groups latest report, titled Ball Bearing
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2017-2022,
the global ball bearing market reached a volume
of more than 33 Billion Tons in 2016. A ball
bearing is a rolling-element bearing which
constitutes of four major parts, namely, an outer
ring, an inner ring, steel balls and a cage. It
uses metal balls in the form of a ring to
maintain separation between the inner and outer
parts of the bearings. They are used to support
rotating parts and facilitate smooth operation of
machines by reducing friction. Some of the other
benefits provided by ball bearings are power
saving, reduction of fire hazards, enhanced
production, and increased lifespan of the
associated machinery. The size of the ball
bearings varies depending on their applications
which range from use in hard disk drives and
electric fans to car axles and wheels Request
Sample of the Report http//www.imarcgroup.com/r
equest?typereportid852flagB
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Report Description and Highlights
Report Description
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Report Description and Highlights
Report Description

• Highlights of the global ball bearing market
• Demand for wind power generation remains the key
  growth-inducing factor.
• The automobile sector is the largest end-use
  segment.
• Asia-Pacific is the leading market for ball
  bearings.
• The global ball bearing market is driven by the
  surging demand for wind power generation. Since
  wind turbines help in minimizing carbon
  emissions, it has resulted in a large number of
  wind turbine installations around the world.
  Additionally, rapid technological advancements
  have shifted consumer preferences towards
  electric vehicles, leading to an increased use of
  ball bearings in this sector. Additionally,
  considerable developments in railways, especially
  in the emerging markets such as China, India,
  Taiwan, South Korea, etc. has positively
  influenced the market. Moreover, escalated
  industrial activities in these regions have also
  contributed to the demand for ball bearings.
  Owing to the above-mentioned factors, the market
  is expected to reach a value of nearly 46 Billion
  Tons by 2022, exhibiting a CAGR of more than 5
  during 2017-2022.
• Read full report _at_ http//www.imarcgroup.com/ball-
  bearing-market

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Report Description and Highlights
Report Description

• The global ball bearing market is segmented on
  the basis of end-use, covering automobile,
  general engineering, mining and construction,
  railways, aerospace and shipping, and
  agriculture. Amongst these, the automobile sector
  dominates the market. On the basis of region,
  Asia-Pacific represents the largest market,
  holding the majority of the total global share.
  Other major regions include Europe, North
  America, Middle East and Africa, and Latin
  America. On evaluating the competitive landscape,
  it is found that NTN Corporation, Timken, JTEKT,
  SKF and Schaeffler Group are the key players
  operative in the market.
• The report by IMARC Group has examined the
  global ball bearing market on the basis of
• End-use
• Automobile
• General Engineering
• Mining and Construction
• Railways, Aerospace and Shipping
• Agriculture
• Region
• Asia-Pacific
•  

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Report Description and Highlights
Report Description

• Europe
• North America
• Middle East and Africa
• Latin America
• Key players
• NTN Corporation
• Timken
• JTEKT
• SKF
• Schaeffer Group
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Report Description and Highlights
Report Description

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