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According to Technavio’s miniature ball bearings market research report, the rising demand for ball bearings from the automotive sector will be one of the key factors impelling the market’s growth during the next few years. As the automotive manufacturers use miniature ball bearings in their throttle bodies, fan motors, and anti-lock braking applications, the surging demand for these components will have a direct impact on the demand for miniature ball bearings. Furthermore, with the continuously increasing production of passenger vehicles, the need for automotive components such as miniature ball bearings is likely to proliferate in the forthcoming years. Technavio’s market research analysts have predicted that the miniature ball bearings market will register a CAGR close to 8% by 2022.
With the growing demand for cost and time-efficient manufacturing processes, vendors in the small ball bearings market are focusing on implementing the 3D printing technology to produce prototypes and critical bearing production parts. Additive manufacturing technologies produce complex geometric shapes without incurring additional costs. Further, the complex designs of the roller bearing can be further leveraged by adding more rolling elements to enhance wear and tear resistance as well as strength. According to Technavio’s ball bearings industry research analysis, such rising adoption of 3D printing will be one of the major ball bearings market trends gaining traction during the next few years.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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