Four-Point Contact Ball Bearings Market Segmentation by Type (Brass, Stainless Steel); by Application (Medical Industry, Automotive Industry, Machinery and Equipment Industry, others); by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2024-2033

Four-Point Contact Ball Bearings Market Overview

The global Four-Point Contact Ball Bearings Market size was valued at 18.8 Billion in 2024. The market is expected to expand at a CAGR of 2.5% from 2024-2033, and is expected to cross value of 24.5 Billion by the end of 2033.

A four-point contact ball bearing is a single-row angular contact ball bearing that consists of a separate inner or outer ring, which is essential to handle radial and axial forces on both sides. Due to this feature, a four-point contact ball bearing is used in gearboxes of rail or wind turbines, fluids and hydraulic pumps of vehicles, agricultural equipment, automotive chassis, and compressors.  The four-point contact ball bearing is made of brass or stainless steel and comes in two major types: 35 degrees and 45 degrees. Four-point contact ball bearing is adopted mainly in the automotive, aerospace, oil and gas, and medical equipment industries. Rising machinery uses in industries is expected to boost the market share of four-point contact ball bearings. SBM GROUP WORLD, Schaeffler, SKF, Kaydon Bearings, KRW Leipzig, LYC Bearing, NACHI-FUJIKOSHI, SilverThin Bearing Group, NSK, C&U Bearings, US HG Technology, RKB Bearing Industries Group, SLF are some of the key players in global four-point contact ball bearing market.

Japan Four-Point Contact Ball Bearings Market Overview

Japan's four-point contact ball bearing market is witnessing rapid growth due to the country's extensive automotive industry. A four-point contact ball bearing is ideal for hydraulic and fluid pumps, as it can handle high axial loads in both directions, is capable of high load, and covers less axial space. Moreover, it is also used in electric motors and other electric and medical equipment. Japan has the fourth largest automotive market in the world; the automotive industry of Japan comprises 2.9% of the nation's GDP and 13.9% of the manufacturing GDP. The rising automotive industry demands high quality four-point contact ball bearings and contributes to four-point contact ball bearing market growth. Phoenix International, Osk Co., Ltd., Korea International, and Metal Solution Provdier are leading manufacturers in the Japanese four-point contact ball-bearing market.

 Four-Point Contact Ball Bearings Market Drivers – Analyst’s Observation

According to the analysts, some key growth drivers for the Four-Point Contact Ball Bearings Market are as follows:

• Rising Machinery Industry: The machinery industry growth is driven by the rising automation in industries. manufacturers are shifting towards automated production and management for mass production on time. Four-point contact ball bearing is part of the machinery industry; it helps reduce friction during motion, improves machine efficiency, handles radial and axial forces on both sides, and helps smooth machinery functions. In 2021 Germany witnessed a growth in the machinery and equipment industry and generated, EUR 260 billion, the machinery industry directly boosts the four-point contact ball bearing market share.
• Adoption of Machinery and Equipment in Agriculture: The agriculture industry is becoming smart with the adoption of equipment and vehicles; in 2022, the global agricultural equipment industry witnessed a growth of 8.6%. The four-point contact ball bearings market is majorly driven by the agriculture industry due to the integration of machines. The market size of agricultural equipment was USD 257.7 billion, which is expected to grow by 2030. Agricultural machinery faces several challenges due to open fields, dust, heat, and water that can cause friction. A four-point contact ball bearing is used for smoother and speedier machinery functions.   

Which Probable Factors Could Hamper the Four-Point Contact Ball Bearings Market Trend?

As per our analysis, some of the challenges expected to limit the global market growth of Four-Point Contact Ball Bearings Market are as follows:

• Mechanical Issues: The four-point contact ball bearing has angular misalignments, which are responsible for harmful ball movement, affect the overall bearing operation, and make it less suitable for machinery. Moreover, the four-point contact ball bearing has an inner or outer ring that leads to uneven force and affects performance. These mechanical challenges can hinder the growth of the four-point contact ball-bearing market.
• High Manufacturing Cost: The four-point contact ball bearing is made of high-cost metals such as stainless steel and copper. Also, processing the four-point contact ball bearing production process is time-consuming. Raw metal's low availability and price fluctuation due to a weak supply chain challenge the growth of the four-point contact ball bearing market.

 How is the Four-Point Contact Ball Bearings Market Segmented?

Our experts have segmented the Four-Point Contact Ball Bearings Market according to the points mentioned below:

• By Type
  • Brass
  • Stainless Steel
  • Others
• By Application
  • Medical Industry
  • Automotive Industry
  • Machinery and Equipment Industry
  • Others
• By Region:
  • North America (United States and Canada)
  • Europe (Germany, U.K, Italy, Russia, Spain, France, Belgium, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
  • Latin America (Brazil, Argentina, Chile)
  • Middle East and Africa (Israel, North Africa, South Africa, GCC, Rest of MEA)

Timeline considered for all these studies will be:

2023 – Base Year

2024 – Estimated Year

2024-2033 – Forecast Period

What are the Probable Factors Influencing the Asia Pacific Having the Highest Market Share Four-Point Contact Ball Bearings Market Forecast?

The rising machinery industry is responsible for Asia Pacific holding the highest market share of the four-point contact ball bearing market. The region is known for advanced and developing countries like China, India, Korea, Taiwan, and Japan. These countries are significant producers of electric motors and machines due to the rapid expansion of the construction, textile, healthcare, and automotive industries. Four-point contact ball bearings are crucial for machinery and motors to reduce friction.  All these industries aim to build an automated system for quality and mass production. Increasing automation in industries is driving the market share of the four-point contact ball-bearing market. Shaoxing Shangyu Flight Seiko Machinery, Jiangsu SAK Bearing, Luoyang E-FINE Bearing Technology, Luoyang Bearing Research Institute, and NACHI-FUJIKOSHI are some of the global players in the Asia Pacific four-point contact ball bearing market.

What are the Probable Factors Influencing the Asia Pacific Four-Point Contact Ball Bearings Market Forecast?

The rising Automotive industry is the major growth driver for the four-point contact ball-bearing market in Asia Pacific. Four-point contact ball bearing is used in fluids and hydraulic pumps of vehicles, automotive chassis, and compressors. As per the International Trade Administration, China has been the largest manufacturer in the automotive industry; China’s domestic vehicle production is expected to reach 35 million vehicles by 2025. Rising vehicle production demands efficient, high-quality four-point contact ball bearings. Moreover, the expanding construction industry is adopting machinery to meet the demand for regional infrastructure. China is the world’s largest construction industry, requiring four-point contact ball bearings for the efficient mechanical operation of construction machinery and motors. The rising automotive and construction industry will contribute to four-point contact ball-bearing market growth.

Four-Point Contact Ball Bearings Market Key Players

Some key players in the Four-Point Contact Ball Bearings Market are as follows:

• SBM GROUP WORLD
• Schaeffler
• Kaydon Bearings
• NACHI-FUJIKOSHI
• SilverThin Bearing Group
• NSK, C&U Bearings
• US HG Technology
• RKB Bearing Industries Group
• Slim Section Bearings
• RBC Bearing
• Shaoxing Shangyu Flight Seiko Machinery
• Jiangsu SAK Bearing
• Luoyang E-FINE Bearing Technology
• Luoyang Bearing Research Institute
• Widi Bearing & Reducer, LYJW
• Other Key players and Niches