Global Ceramic Ball Bearings Market: Industry Growth, Trends, Region, Opportunity and Forecast 2018-2023 - PowerPoint PPT Presentation

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Global Ceramic Ball Bearings Market: Industry Growth, Trends, Region, Opportunity and Forecast 2018-2023

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Get more information about the market: The global ceramic ball bearings market reached a value of US$ 886 Million in 2017. Made from silicon nitride (Si2N4), ceramic ball bearings are gaining a worldwide popularity as compared to regular stainless-steel bearings. Ceramic ball bearings operate at a higher speed while reducing friction which ultimately leads to the requirement of less energy. T Want more information about this market? Request a free report sample: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: Follow us on twitter : @imarcglobal – PowerPoint PPT presentation

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Title: Global Ceramic Ball Bearings Market: Industry Growth, Trends, Region, Opportunity and Forecast 2018-2023


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Ceramic Ball Bearings Market Propelled by
Flourishing Automotive Industry
Copyright IMARC. All Rights Reserved
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Report Description
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Report Description and Highlights
Report Description
Global Ceramic Ball Bearings Market Propelled by
Flourishing Automotive Industry The global
ceramic ball bearings market has been
experiencing a positive growth during the past
few years which can be highly attributed to a
rapid rise in the demand for commercial and
passenger vehicles in developing regions along
with a number of technological advancements being
made in the favour product innovations. According
to the latest report by IMARC Group, titled
Ceramic Ball Bearings Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2018-2023, the global ceramic ball
bearings market reached a value of US 886
Million in 2017. Made from silicon nitride
(Si2N4), ceramic ball bearings are gaining a
worldwide popularity as compared to regular
stainless-steel bearings. Ceramic ball bearings
operate at a higher speed while reducing friction
which ultimately leads to the requirement of less
energy. This is due to the smoother and rounder
surface along with a uniform size of the balls in
these bearings. Additionally, ceramic ball
bearings offer high dimensional stability, low
density as well as optimum resistance against
heat and corrosion. Over the past few years, the
growth of the ceramic ball bearings market has
been fuelled by an increase in the demand for
various automobile components, passenger cars and
commercial vehicles in emerging economies. 
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Report Description and Highlights
Report Description
  • Apart from this, technological advancements, such
    as lightweight materials, lubrication and seal
    technologies, integrated components of both
    stainless steel and ceramic bearings, in high
    performance ball bearings have also being
    witnessed. These developments have created ample
    opportunities for the manufacturers operating in
    the market. Moreover, ceramic ball bearings are
    increasingly being used for replacing stainless
    ball bearings installed in agitators, grinding
    media and valves which is further supporting the
    growth of the market. On the other hand, this
    growth of the global ceramic ball bearings market
    is being hindered by the land and air pollution
    caused during the extraction of ceramic
    materials. Nevertheless, the market value is
    projected to reach US 1,673 Million by 2023,
    expanding at a CAGR of around 11 during
    2018-2023.
  • Market Summary
  • The ceramic ball bearings market has been
    segmented on the basis of different raw materials
    used for the production of these bearings which
    cover silicon nitride and zirconium oxide.
    Silicon nitride represents the most common raw
    material as it provides low-density, better
    strength and toughness to the ball bearings.
  • Read more here http//bit.ly/2PQia9A

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Report Description and Highlights
Report Description
  • On the basis of product type, the market has been
    segregated into hybrid ceramic ball bearing and
    full ceramic ball bearing. Currently, hybrid
    ceramic ball bearing accounts for the majority of
    the demand as it is ideal for situations which
    require extreme temperatures, high speeds,
    minimal lubrication as well as high efficiency.
  • Ceramic ball bearings can be used in numerous
    applications which mainly include electric
    motors, vehicles, under water equipment, lab
    equipment and aerospace. Amongst these, ceramic
    ball bearings are being majorly used in electric
    motors.
  • On a geographical front, the United States
    exhibits a clear dominance in the market,
    followed by China, Europe, Japan, India and South
    East Asia. The growth in the United States is due
    to the increasing dependency of the aerospace and
    defence sector on ceramic ball bearings to boost
    energy efficiency.
  • The competitive landscape of the market has also
    been examined with some of the key players being
    AB SKF, NSK Ltd., NTN Corporation, Ortech
    Advanced Ceramic, CeramicSpeed A/S, Shanghai Lily
    Bearing Manufacturing Co., Ltd., Boca Bearings,
    GMN Bearing USA Ltd and JTEKT Corporation.
  • Want more information about this market? Request
    a free report sample
  • https//www.imarcgroup.com/request?typereportid
    1022flagB

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Report Description and Highlights
Browse More Related Reports  Ball Bearing
Market http//bit.ly/2RNBscP Miniature Ball
Bearing Market http//bit.ly/2B26atn
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Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
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may also not be used in any form or by and means
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without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
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any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
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trademarks of their respective companies.
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