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Jewel bearings are a special type of bearings that are usually made up of jewels such as sapphire, ruby, and zirconia. These have metal spindles, which provide the rotational motion. Jewel bearings can easily handle loads up to 500g; hence, these are used in small load applications. These bearings largely help in restraining the direction of motion and reduce the mechanical friction between the moving components. Precious jewels, apart from being visually pleasing, have significant mechanical strength and sturdiness. These jewels are highly resistant to mechanical wear and erosion. Furthermore, these jewels can be machined to extremely close tolerances due to high hardness. This makes them an ideal choice for micro mechanisms and complex linkages. Jewel bearings are largely used in compact mechanical systems such as clock/watches, calibration machines, and ultrasensitive measuring instruments & systems.

The jewel bearings market is largely driven by growth in the watchmaking industry. Jewel bearings are employed in mechanical watch mechanisms due to several desirable properties of these jewels and bearings. Jewels in the jewel bearings offer high machinability and high dimensional tolerance and precision. Furthermore, these jewels are resistant to abrasion and wear, thus increasing the overall life of the system. These factors make jewel bearings irreplaceable by metal counterparts. The factors mentioned above are the key drivers of the jewel bearing market. On the other hand, these jewels are expensive and rare in the natural form. Therefore, synthetic jewels are preferred over the former. Furthermore, standard machining techniques cannot be used to achieve dimensional tolerances and precision. Instead, special machining processes such as high-powdered laser cutting, ultrasonic milling, and chemical etching need to be employed. Both the material and process are costly and need skilled labor to manufacture them. These factors are hampering the jewel bearing market. Advancement in technology, especially digital technology, is also hampering the market for mechanical watches. 

Based on type of bearing, the jewel bearing market can be segmented into cup bearings, V-bearings, glass V-bearings, and others. These types of bearings are suitable for particular applications across different industries. Based on the usage of jewel, the market can be divided into sapphire, ruby, zirconia, and others. Synthetic jewels such as sapphire and ruby are largely used, as they are cheap and easily available vis-à-vis their natural counterparts. Based on application, the jewel bearing market can be segregated into watches, precision measuring instruments & meters, gyroscopes, and others. Watches is the major segment of the jewel bearings market. It is followed by the measuring instruments & meter segment. Several industries such as aviation, marine, manufacturing, and chemical depend on these bearings for measuring gauges, control panel dials, vernier calipers, and dial gauges.                         

In terms of geography, the global jewel bearing market can be classified into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Europe is the key market for jewel bearing, due to the extensive usage of these bearings in the watchmaking industry. Switzerland is the prominent user of jewel bearings, led by the presence of the longstanding watchmaking industry in the country. Germany is also anticipated be a lucrative market owing to the manufacture of precise measuring equipment, gyroscopes, and flow meters in the country. Asia Pacific is one of the prominent regions of the jewel bearing market, led by the growth in manufacturing and assembly of watches and precision measurement instruments. The watchmaking industry is thriving in Japan, South Korea, and China. Japan is also a major manufacturer of precision measuring equipment & instruments, flow meters, compasses, and electrical measuring devises.   

Key players operating in the global jewel bearings market include Swiss Jewel Company, Microlap Technologies, Inc., Bird Precision, Moser Company, and Boen M&E Co. Ltd. (Dalian).

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Jewel Bearing Market

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