Ball Thrust Bearings Market Size & Share by Application, Type and Region - Global Forecast to 2025

MarketResearchReports.Biz announces addition of new report "Ball Thrust Bearings Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its database.

The objectives of this study are as follows:

To define, describe, and forecast the "Ball Thrust Bearings" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Ball Thrust Bearings Market: Introduction

Thrust bearings were introduced by George Michell, an Australian engineer in 1905. Thrust bearings are rotary bearings which allow rotation amongst parts like other bearing types. They are typically designed to withstand axial loads. Thrust bearings comprise two raceways or washers and rolling components. The washers may be grooved in some cases, especially for ball bearings. The ball thrust bearings are a particular kind of rotary ball bearings and are composed of balls as the rolling element which are supported in a ring. They have two main categories – single direction ball thrust bearings and double direction ball thrust bearings. They are generally used in applications where low axial loads and higher speeds are prevalent; they should not be subjected to radial loads. Applications that involve high speeds call for additional arrangement for lubrication in order to reduce friction and wear of these bearings. Machined brass cages and pressed steel cages are typically used for single direction ball thrust bearings. The ball thrust bearings are prone to misalignment. Hence the manufacturers make use of sphered groove on the washer to reduce the chances of misalignment. The ball thrust bearings are made up of different material, such as stainless steel and chrome steel.

Ball Thrust Bearings Market: Growth Drivers and Challenges

The advent of technologies have propelled the quick adoption of the various types of ball thrust bearings. Several developments and innovations have taken place which are enhancing the performance and aim to reduce the limitations of these bearings. The challenge of misalignment is reduced by introducing spherical grooves or aligning seats. Higher grade material is being used in the manufacturing of these bearings making them more durable and can withstand friction. Arrangement for self-lubrication helps in reducing time taken to manually lubricate the bearings and improves efficiency by limiting the friction and wear coefficients. Recently, manufacturers of ball thrust bearings are opting for advanced grease technology which extend the life and performance as well. All these aspects have raised the bar of the adoption of the ball thrust bearings thereby contributing to the growth of the ball thrust bearings market.

However, the main limitation of using ball thrust bearings lies in the fact that they cannot withstand heavy axial loads and are unsuitable for bearings any radial load. Hence, in various industries, they are used in applications which have higher speeds but low axial loads. Another aspect that can hamper the adoption of these bearings is the innovation and development of new thrust bearings such as magnetic thrust bearings, fluid film thrust bearings and spherical thrust bearings, in which limitations of ball thrust bearings are eliminated. These bearings have zero friction and can withstand higher loads and higher speeds as well.

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Ball Thrust Bearings Market: Applications

Ball thrust bearings are used in a wide range of applications in various fields such as automotive, aerospace applications, marine equipment, petroleum production, mining, power generation, cement processing, power transmission, wind turbines, material handling systems, metal recycling and aggregate crushing. They are also used in fluid control valves, oil and gas rotary tables, machine tools, screw jacks, vertical openers in the weaving and spinning machines, machine tool spindle tail stock, spindles, fans, blowers, gear boxes, powered jacks, vertical pumps, low speed reducers, vertical centrifuges, crane hooks, lathe tailstocks, turn tables etc.

Ball Thrust Bearings Market: Key Companies

The key companies in the spherical roller bearing market include Schaffler, SKF, Timken Company, JTEKT, NSK Ltd. and NTN Corporation. Other players are Aurora Bearing, AST Bearings LLC, FYH Bearing, Baltic Bearing Company, Nachi Europe GmbH and Precision Bearings Pvt. Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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