Ball joints are spherical bearings, which connect steering knuckles to control arm in an automotive.
Scope of the Report:This report focuses on the Ball Joints and Parts in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Although, ball joints have long service life, loss of lubricant or contamination due to seal failure leads to suspension system and steering failure. This further leads to misalignment and handling, which has led manufacturers to develop efficient systems catering to the problem. One of the challenges faced by overall steering system manufacturers is introduction of premium line products as compared to economy products. Since, ball joints are expensive as compared to tie rods, the ball joints and parts market is expected to record considerable revenue growth in the near future. The revenue growth is mainly attributed to shipment growth of ball joints and parts across the globe. Imports of ball joints and parts in Asian countries is a challenge for existing as well as new players entering the ball joints and parts market. Moreover, the market is witnessing consolidation at distributor level, which is anticipated to lead to fluctuating prices. This is further expected to expedite growth of low-priced economy-line parts and thus, a significant change in total market share of premium brands.
The worldwide market for Ball Joints and Parts is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers Johnson Controls Incorporated
Honeywell International Incorporated
Goodyear Tire & Rubber Company
General Motors Company
Ford Motor Company
LANBI
CCTY Bearing Company
Pailton Engineering
ZF TRW
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Ball Stud
End Cover
Bearings
Belleville Washer
Housing
Market Segment by Applications, can be divided into Passenger Cars
Commercial Vehicles
There are 15 Chapters to deeply display the global Ball Joints and Parts market.
Chapter 1, to describe Ball Joints and Parts Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Ball Joints and Parts, with sales, revenue, and price of Ball Joints and Parts, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Ball Joints and Parts, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Ball Joints and Parts market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Ball Joints and Parts sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.