Market Overview:
The global ceramic ball bearings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for ceramic ball bearings in various applications, such as bicycles, medical equipment, agricultural equipment, electric motors, and others. In addition, the growing demand for miniaturized and high-speed devices is also contributing to the growth of this market.
Product Definition:
A ceramic ball bearing is a bearing made out of ceramic materials. They are usually made from silicon nitride (Si3N4) or zirconia (ZrO2). Ceramic bearings have several advantages over traditional steel bearings: they are lighter, they can operate at higher temperatures, and they have a lower coefficient of friction. This makes them ideal for high-speed applications such as electric vehicles and wind turbines.
Zirconium Oxide:
Zirconium oxide is a ceramic material, which has the property of non-magnetic properties. It is produced by high temperature calcination of zirconia. ZrO2 has the structure similar to that of alumina (Al2O3) and can be treated in many ways like alumina.
Silicon Nitride:
Silicon nitride is a ceramic material that contains silicon and nitrogen. Silicon nitride has the highest melting point of any material, which makes it useful in applications where high temperature resistance is required. It also offers low thermal expansion, high hardness, and excellent corrosion resistance properties making it suitable for use in applications such as hypersonic aircraft engines and turbine blades.
The global ceramic ball bearings market was valued at USD 8,15 billion in 2016.
Application Insights:
The bicycle application segment led the global market in 2017. The demand for bicycles is growing rapidly across the globe owing to rising disposable income of consumers, increasing employment opportunities and easy availability of loans. As per the National Association of State Bicycle Governments, U.S., an estimated 915 million Americans had ridden bikes at least once in 2016 which was a rise from 784 million riders in 2010.
The electric motor application segment is projected to witness significant growth over the forecast period due to rapid industrialization and urbanization along with increasing disposable income levels among certain population groups such as millennials and Generation Z who prefer electronic gadgets over traditional mechanical ones owing to their low maintenance cost, environmental benefits and convenience factor. Ceramic ball bearings are used for reducing friction between rotating parts resulting in increased efficiency while lowering power consumption thus driving its demand globally over the next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various application segments, such as electric motors, industrial machinery, and other. China is one of the largest markets for ceramic ball bearings due to increasing production levels in this country. In addition, low manufacturing costs coupled with availability of cheap labor are some other factors that have contributed toward regional growth.
The Asia Pacific has been witnessing strong economic growth on account of rapid development in emerging economies such as India and China.
Growth Factors:
- Increasing demand from the automotive industry for ceramic ball bearings is expected to drive the market growth.
- Growing demand for electric vehicles is also anticipated to boost the market growth in the coming years.
- Rising adoption of ceramic ball bearings in medical devices is another key factor that would fuel the market growth over the forecast period.
- Growing popularity of renewable energy sources such as wind and solar is projected to create new opportunities for ceramic ball bearings manufacturers in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ceramic Ball Bearings Market Research Report
By Type
Zirconium Oxide, Silicon Nitride, Other
By Application
Bicycle, Medical Equipment, Agricultural, Electric Motors, Other
By Companies
SKF, Ortech, Inc., Lily Bearing, Boca Bearings, NSK, GMN Bearing, CeramicSpeed, Park Tool
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Ceramic Ball Bearings Market Report Segments:
The global Ceramic Ball Bearings market is segmented on the basis of:
Types
Zirconium Oxide, Silicon Nitride, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bicycle, Medical Equipment, Agricultural, Electric Motors, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SKF
- Ortech, Inc.
- Lily Bearing
- Boca Bearings
- NSK
- GMN Bearing
- CeramicSpeed
- Park Tool
Highlights of The Ceramic Ball Bearings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Zirconium Oxide
- Silicon Nitride
- Other
- By Application:
- Bicycle
- Medical Equipment
- Agricultural
- Electric Motors
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ceramic Ball Bearings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ceramic ball bearings are a type of bearing that uses ceramic balls instead of metal or plastic balls. Ceramic ball bearings are often used in applications where high speeds and low loads are required, such as in motors and gearboxes.
Some of the key players operating in the ceramic ball bearings market are SKF, Ortech, Inc., Lily Bearing, Boca Bearings, NSK, GMN Bearing, CeramicSpeed, Park Tool.
The ceramic ball bearings market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ceramic Ball Bearings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ceramic Ball Bearings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ceramic Ball Bearings Market - Supply Chain
4.5. Global Ceramic Ball Bearings Market Forecast
4.5.1. Ceramic Ball Bearings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ceramic Ball Bearings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ceramic Ball Bearings Market Absolute $ Opportunity
5. Global Ceramic Ball Bearings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ceramic Ball Bearings Market Size and Volume Forecast by Type
5.3.1. Zirconium Oxide
5.3.2. Silicon Nitride
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ceramic Ball Bearings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ceramic Ball Bearings Market Size and Volume Forecast by Application
6.3.1. Bicycle
6.3.2. Medical Equipment
6.3.3. Agricultural
6.3.4. Electric Motors
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ceramic Ball Bearings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ceramic Ball Bearings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ceramic Ball Bearings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ceramic Ball Bearings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ceramic Ball Bearings Demand Share Forecast, 2019-2026
9. North America Ceramic Ball Bearings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ceramic Ball Bearings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ceramic Ball Bearings Market Size and Volume Forecast by Application
9.4.1. Bicycle
9.4.2. Medical Equipment
9.4.3. Agricultural
9.4.4. Electric Motors
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ceramic Ball Bearings Market Size and Volume Forecast by Type
9.7.1. Zirconium Oxide
9.7.2. Silicon Nitride
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ceramic Ball Bearings Demand Share Forecast, 2019-2026
10. Latin America Ceramic Ball Bearings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ceramic Ball Bearings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ceramic Ball Bearings Market Size and Volume Forecast by Application
10.4.1. Bicycle
10.4.2. Medical Equipment
10.4.3. Agricultural
10.4.4. Electric Motors
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ceramic Ball Bearings Market Size and Volume Forecast by Type
10.7.1. Zirconium Oxide
10.7.2. Silicon Nitride
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ceramic Ball Bearings Demand Share Forecast, 2019-2026
11. Europe Ceramic Ball Bearings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ceramic Ball Bearings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ceramic Ball Bearings Market Size and Volume Forecast by Application
11.4.1. Bicycle
11.4.2. Medical Equipment
11.4.3. Agricultural
11.4.4. Electric Motors
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ceramic Ball Bearings Market Size and Volume Forecast by Type
11.7.1. Zirconium Oxide
11.7.2. Silicon Nitride
11.7.3. Other
11.8. Bais Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ceramic Ball Bearings Demand Share, 2019-2026
12. Asia Pacific Ceramic Ball Bearings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ceramic Ball Bearings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ceramic Ball Bearings Market Size and Volume Forecast by Application
12.4.1. Bicycle
12.4.2. Medical Equipment
12.4.3. Agricultural
12.4.4. Electric Motors
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ceramic Ball Bearings Market Size and Volume Forecast by Type
12.7.1. Zirconium Oxide
12.7.2. Silicon Nitride
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ceramic Ball Bearings Demand Share, 2019-2026
13. Middle East & Africa Ceramic Ball Bearings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ceramic Ball Bearings Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ceramic Ball Bearings Market Size and Volume Forecast by Application
13.4.1. Bicycle
13.4.2. Medical Equipment
13.4.3. Agricultural
13.4.4. Electric Motors
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ceramic Ball Bearings Market Size and Volume Forecast by Type
13.7.1. Zirconium Oxide
13.7.2. Silicon Nitride
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ceramic Ball Bearings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ceramic Ball Bearings Market: Market Share Analysis
14.2. Ceramic Ball Bearings Distributors and Customers
14.3. Ceramic Ball Bearings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SKF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ortech, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lily Bearing
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Boca Bearings
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NSK
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GMN Bearing
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CeramicSpeed
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Park Tool
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook