PUBLISHER: IMARC | PRODUCT CODE: 1609897
PUBLISHER: IMARC | PRODUCT CODE: 1609897
Japan Ball Bearing Market Report by Application (Automobile, General Engineering, Mining and Construction, Railways, Aerospace and Shipping, Agriculture, and Others), and Region 2024-2032
The Japan ball bearing market size reached US$ 3.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.23% during 2024-2032.
A ball-bearing is an anti-friction component comprising two ring-like tracks with a freely rotating metal ball between them. It supports both axial and radial loads, ensures power alignment of movable objects, and facilitates efficient transmission of power. Consequently, it is widely used in the automotive, manufacturing, and construction industries across Japan. This can also be attributed to the well-established manufacturing sector in the country.
The market is primarily driven by the rising sales of passenger vehicles, in confluence with the increasing number of manufacturing units, in Japan. Additionally, leading manufacturers are upgrading the working capability of ball bearings at lower costs. They are also focusing on lowering torque, increasing temperature range, reducing weight, decreasing energy consumption, enhancing the lifecycle and refining friction resistance. Besides this, they have developed sensor components for ball bearings, which are utilized in conveyors, road rollers and electric motors. However, the increasing cases of coronavirus disease (COVID-19) have disrupted the market growth. The market is expected to recover once the situation becomes under control and lockdown relaxations are introduced.
Key Market Segmentation:
Breakup by Application:
Automobile
General Engineering
Mining and Construction
Railways, Aerospace and Shipping
Agriculture
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report:
- How has the Japan ball bearing market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Japan ball bearing market?
- What are the key regional markets?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Japan ball bearing market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Japan Ball Bearing Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Application
- 6.1 Automobile
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 General Engineering
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Mining and Construction
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Railways, Aerospace and Shipping
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Agriculture
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 SWOT Analysis
- 7.1 Overview
- 7.2 Strengths
- 7.3 Weaknesses
- 7.4 Opportunities
- 7.5 Threats
8 Value Chain Analysis
9 Porters Five Forces Analysis
- 9.1 Overview
- 9.2 Bargaining Power of Buyers
- 9.3 Bargaining Power of Suppliers
- 9.4 Degree of Competition
- 9.5 Threat of New Entrants
- 9.6 Threat of Substitutes
10 Price Analysis
11 Policy and Regulatory Landscape
12 Competitive Landscape
- 12.1 Market Structure
- 12.2 Key Players
- 12.3 Profiles of Key Players
List of Figures
- Figure 1: Japan: Ball Bearing Market: Major Drivers and Challenges
- Figure 2: Japan: Ball Bearing Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Japan: Ball Bearing Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Japan: Ball Bearing Market: Breakup by Application (in %), 2023
- Figure 5: Japan: Ball Bearing (Automobile) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 6: Japan: Ball Bearing (Automobile) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 7: Japan: Ball Bearing (General Engineering) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Japan: Ball Bearing (General Engineering) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Japan: Ball Bearing (Mining and Construction) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Japan: Ball Bearing (Mining and Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Japan: Ball Bearing (Railways, Aerospace and Shipping) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Japan: Ball Bearing (Railways, Aerospace and Shipping) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Japan: Ball Bearing (Agriculture) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Japan: Ball Bearing (Agriculture) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Japan: Ball Bearing (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Japan: Ball Bearing (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Japan: Ball Bearing Industry: SWOT Analysis
- Figure 18: Japan: Ball Bearing Industry: Value Chain Analysis
- Figure 19: Japan: Ball Bearing Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Japan: Ball Bearing Market: Key Industry Highlights, 2023 and 2032
- Table 2: Japan: Ball Bearing Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 3: Japan: Ball Bearing Market: Competitive Structure
- Table 4: Japan: Ball Bearing Market: Key Players
