Ceramic ball bearings are currently gaining traction around the world as they are superior and more durable than stainless-steel bearings in various aspects. Ceramic ball bearings require less energy owing to their high speed that aids in reducing friction. Moreover, they also offer high dimensional stability; have smoother and rounder surfaces; and provide the low density and optimum resistance against heat and corrosion. Owing to these advantages offered by ceramic ball bearings, they are widely replacing conventional ball bearings in various applications. Nowadays, hybrid ceramic ball bearings are available in different sizes, specifically designed as per the requirement of the industry to minimize the risk of costly repairs and reduce operating costs.
Ceramic ball bearings are significantly lighter and harder compared to their metal counterparts. They do not rust and can self-lubricate and operate at faster speeds. Also, these ball bearings can tolerate intense physical impact and perform exceptionally well when subjected to harsh conditions such as in high corrosion environments, lack of lubrication and elevated temperatures. Other than this, they have excellent electrical insulation properties, which lessen the menace of electrical erosion and seizure of the rolling elements. Owing to this, these bearings are widely employed in passenger cars, commercial vehicles and numerous automobile components. Besides this, manufacturers have improved the performance of ball bearings by using the advanced seal, lightweight materials and lubrication technologies. These advancements have created vast opportunities for the leading players operating in the industry.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global ceramic ball bearings market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on raw material, product type and application.Breakup by Raw Material:
- Zirconium Oxide
- Silicon Nitride
- Others
Breakup by Product Type:
- Hybrid Ceramic Ball Bearings
- Full Ceramic Ball Bearings
Breakup by Application:
- Electric Motor
- Automobile
- Under Water Equipment
- Laboratory Equipment
- Aerospace
- Others
Regional Insights:
- United States
- China
- Europe
- Japan
- India
- South East Asia
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of the leading players are:
- AB SKF
- NSK Ltd.
- NTN Corporation
- Ortech Incorporated
- CeramicSpeed
- Shanghai Lily Bearing Manufacturing Co., Ltd.
- Boca Bearings, Inc.
- GMN Bearing USA Ltd.
- JTEKT Corporation
Key Questions Answered in This Report:
- What was the size of the global ceramic ball bearings market in 2022?
- What is the expected growth rate of the global ceramic ball bearings market during 2023-2028?
- What are the key factors driving the global ceramic ball bearings market?
- What has been the impact of COVID-19 on the global ceramic ball bearings market?
- What is the breakup of the global ceramic ball bearings market based on the raw material?
- What is the breakup of the global ceramic ball bearings market based on the product type?
- What is the breakup of the global ceramic ball bearings market based on the application?
- What are the key regions in the global ceramic ball bearings market?
- Who are the key players/companies in the global ceramic ball bearings market?
Table of Contents
Companies Mentioned
- AB SKF
- NSK Ltd.
- NTN Corporation
- Ortech Incorporated
- CeramicSpeed
- Shanghai Lily Bearing Manufacturing Co. Ltd.
- Boca Bearings Inc.
- GMN Bearing USA Ltd.
- JTEKT Corporation
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 147 |
Published | June 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 1202.3 Million |
Forecasted Market Value ( USD | $ 1903.7 Million |
Compound Annual Growth Rate | 8.0% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |