Technology & Telecommunications

According to a market report by Lucintel, the future of the semiconductor bearing market looks promising with opportunities in the original equipment(OE) and aftermarket end use industries. The global semiconductor bearing market is expected to reach an estimated $0.5 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are growing demand for consumer electronics, such as smartphones, laptops, and tablets, and increasing customer focus on energy efficient semiconductor equipment.



In this market, ball bearings, roller bearings, plain bearings, and linear bearings are the major segments by bearing type. Lucintel forecast that ball bearings will remain the largest bearing type segment over the forecast period due to its capability of handling high speeds and loads, thus making it well suited for many semiconductor applications, like door of chemical vapor deposition equipment.



Within this market, the original equipment (OE) segment is projected to witness the highest growth due to increasing demand for consumer electronics and IoT devices across the globe. 

The Asia Pacific region is expected to witness the highest growth during the forecast period due to growing demand for consumer electronic products, increasing spending on R&D activities, and presence of the world’s largest semiconductor manufacturing companies in the region.



AB SKF, JTEKT Corporation, NSK, NTN Corporation, Schaeffler Technologies, RBC Bearings Incorporated, Ritbearing, MinebeaMitsumi Group, Schatz Bearing, and New Way Air Bearings are the major suppliers in the global semiconductor bearing market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global semiconductor bearing market by bearing type, material, application, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Semiconductor Bearing Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global semiconductor bearing market by bearing type, material, application, end use industry, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the semiconductor bearing  by bearing type (ball bearings, roller bearings, plain bearings, and linear bearings), material (metallic, non-metallic, and hybrid), application (pulling, slicing, polishing, cleaning/etching, Atomic Layer Deposition (ALD), and Physical Vapor Deposition (PVD), end use industry (original equipment and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?