The global ceramic ball bearings market reached a value of US$ 996.1 Million in 2018. 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. Looking forward, IMARC Group expects the market value to reach US$ 1,842.5 Million by 2024, registering at a CAGR of around 10.6% during the forecast period (2019-2024).
Breakup by Raw Material:
- Zirconium Oxide
- Silicon Nitride
- Others
Ceramic Ball bearings made from silicon nitride currently exhibits a clear dominance in the market as they have a low-density, and better strength and toughness as compared to the ball bearings made from other materials.
Breakup by Product Type:
- Hybrid Ceramic Ball Bearings
- Full Ceramic Ball Bearings
At present, hybrid ceramic ball bearings represent the most preferred product type owing to their availability in a variety of styles and sizes, such as angular contact bearings, radial bearings and insert bearings.
Breakup by Application:
- Electric Motor
- Automobile
- Under Water Equipment
- Laboratory Equipment
- Aerospace
- Others
Electric motors represent the largest application segment, accounting for the majority of the total market share. This can be accredited to several advantages offered by ceramic ball bearings, which include better acceleration capability, lower friction, improved wear-resistance and higher speed.
Regional Insights:
- United States
- China
- Europe
- Japan
- India
- South East Asia
On the geographical front, the United States enjoys the leading position in the market since there is an increasing trend of rebounding productions of motor vehicles and a healthy fixed investment environment in the region.
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:
- How has the global ceramic ball bearings market performed so far and how will it perform in the coming years?
- What are the key regions in the market?
- Which are the popular product types in the market?
- What are the various application segments in the market?
- What are the major raw materials in the market?
- What are the various stages in the value chain of the global ceramic ball bearings market?
- What are the key driving factors and challenges in the global ceramic ball bearings market?
- What is the structure of the global ceramic ball bearings market and who are the key players?
- What is the degree of competition in the global ceramic ball bearings market?
- How are ceramic ball bearings manufactured?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Ball Bearings Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Size
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Market Forecast
6 Global Ceramic Ball Bearings Market
6.1 Market Overview
6.2 Market Performance
6.3 Market Breakup by Raw Material
6.4 Market Breakup by Product Type
6.5 Market Breakup by Application
6.6 Market Breakup by Region
6.7 Market Forecast
6.8 SWOT Analysis
6.8.1 Overview
6.8.2 Strengths
6.8.3 Weaknesses
6.8.4 Opportunities
6.8.5 Threats
6.9 Value Chain Analysis
6.9.1 Overview
6.9.2 Research and Development
6.9.3 Raw Material Procurement
6.9.4 Manufacturing
6.9.5 Marketing
6.9.6 Distribution
6.9.7 End-Use
6.10 Porters Five Forces Analysis
6.10.1 Overview
6.10.2 Bargaining Power of Buyers
6.10.3 Bargaining Power of Suppliers
6.10.4 Degree of Competition
6.10.5 Threat of New Entrants
6.10.6 Threat of Substitutes
7 Market Breakup by Raw Material
7.1 Zirconium Oxide
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Silicon Nitride
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Product Type
8.1 Hybrid Ceramic Ball Bearings
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Full Ceramic Ball Bearings
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Electric Motor
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Automobile
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Under Water Equipment
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Laboratory Equipment
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Aerospace
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Region
10.1 United States
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 China
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Europe
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Japan
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 India
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 South East Asia
10.6.1 Market Trends
10.6.2 Market Forecast
11 Ceramic Ball Bearing Manufacturing Process
11.1 Product Overview
11.2 Raw Material Requirements
11.3 Detailed Process Flow
11.4 Various Types of Unit Operation Involved
11.5 Key Success and Risk Factors
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 AB SKF
12.3.2 NSK Ltd.
12.3.3 NTN Corporation
12.3.4 Ortech Advanced Ceramic
12.3.5 CeramicSpeed A/S
12.3.6 Shanghai Lily Bearing Manufacturing Co., Ltd.
12.3.7 Boca Bearings
12.3.8 GMN Bearing USA Ltd
12.3.9 JTEKT Corporation
List of Figures
Figure 1: Global: Ceramic Ball Bearing: Major Drivers and Challenges
Figure 2: Global: Ball Bearings Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Ball Bearings Market: Breakup by Size (in %), 2018
Figure 4: Global: Ball Bearings Market: Breakup by Application (in %), 2018
Figure 5: Global: Ball Bearings Market: Breakup by Region (in %), 2018
Figure 6: Global: Ball Bearings Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 7: Global: Ceramic Ball Bearings Market: Sales Value (in Million US$), 2011-2018
Figure 8: Global: Ceramic Ball Bearings Market: Breakup by Raw Material (in %), 2018
Figure 9: Global: Ceramic Ball Bearings Market: Breakup by Product Type (in %), 2018
Figure 10: Global: Ceramic Ball Bearings Market: Breakup by Application (in %), 2018
Figure 11: Global: Ceramic Ball Bearings Market: Breakup by Region (in %), 2018
Figure 12: Global: Ceramic Ball Bearings Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Ceramic Ball Bearings Market Industry: SWOT Analysis
Figure 14: Global: Ceramic Ball Bearings Market Industry: Value Chain Analysis
Figure 15: Global: Ceramic Ball Bearings Market Industry: Porter’s Five Forces Analysis
Figure 16: Global: Ceramic Ball Bearings Market (Zirconium Oxide): Sales Value (in Million US$), 2011 & 2018
Figure 17: Global: Ceramic Ball Bearings Market Forecast (Zirconium Oxide): Sales Value (in Million US$), 2019-2024
Figure 18: Global: Ceramic Ball Bearings Market (Silicon Nitride): Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Ceramic Ball Bearings Market Forecast (Silicon Nitride): Sales Value (in Million US$), 2019-2024
Figure 20: Global: Ceramic Ball Bearings Market (Other Material Types): Sales Value (in Million US$), 2011 & 2018
Figure 21: Global: Ceramic Ball Bearings Market Forecast (Other Material Types): Sales Value (in Million US$), 2019-2024
Figure 22: Global: Hybrid Ceramic Ball Bearings Market: Sales Value (in Million US$), 2011 & 2018
Figure 23: Global: Hybrid Ceramic Ball Bearings Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: Global: Full Ceramic Ball Bearings Market: Sales Value (in Million US$), 2011 & 2018
Figure 25: Global: Full Ceramic Ball Bearings Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Global: Ceramic Ball Bearings Market (Application in Electric Motor): Sales Value (in Million US$), 2011 & 2018
Figure 27: Global: Ceramic Ball Bearings Market Forecast (Application in Electric Motor): Sales Value (in Million US$), 2019-2024
Figure 28: Global: Ceramic Ball Bearings Market (Application in Automobile): Sales Value (in Million US$), 2011 & 2018
Figure 29: Global: Ceramic Ball Bearings Market Forecast (Application in Automobile): Sales Value (in Million US$), 2019-2024
Figure 30: Global: Ceramic Ball Bearings Market (Application in Under Water Equipment): Sales Value (in Million US$), 2011 & 2018
Figure 31: Global: Ceramic Ball Bearings Market Forecast (Application in Under Water Equipment): Sales Value (in Million US$), 2019-2024
Figure 32: Global: Ceramic Ball Bearings Market (Application in Laboratory Equipment): Sales Value (in Million US$), 2011 & 2018
Figure 33: Global: Ceramic Ball Bearings Market Forecast (Application in Laboratory Equipment): Sales Value (in Million US$), 2019-2024
Figure 34: Global: Ceramic Ball Bearings Market (Application in Aerospace): Sales Value (in Million US$), 2011 & 2018
Figure 35: Global: Ceramic Ball Bearings Market Forecast (Application in Aerospace): Sales Value (in Million US$), 2019-2024
Figure 36: Global: Ceramic Ball Bearings Market (Other Applications): Sales Value (in Million US$), 2011 & 2018
Figure 37: Global: Ceramic Ball Bearings Market Forecast (Other Applications): Sales Value (in Million US$), 2019-2024
Figure 38: United States: Ceramic Ball Bearings Market: Sales Value (in Million US$), 2011 & 2018
Figure 39: United States: Ceramic Ball Bearings Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 40: China: Ceramic Ball Bearings Market: Sales Value (in Million US$), 2011 & 2018
Figure 41: China: Ceramic Ball Bearings Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 42: Europe: Ceramic Ball Bearings Market: Sales Value (in Million US$), 2011 & 2018
Figure 43: Europe: Ceramic Ball Bearings Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 44: Japan: Ceramic Ball Bearings Market: Sales Value (in Million US$), 2011 & 2018
Figure 45: Japan: Ceramic Ball Bearings Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 46: India: Ceramic Ball Bearings Market: Sales Value (in Million US$), 2011 & 2018
Figure 47: India: Ceramic Ball Bearings Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 48: South East Asia: Ceramic Ball Bearings Market: Sales Value (in Million US$), 2011 & 2018
Figure 49: South East Asia: Ceramic Ball Bearings Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 50: Ceramic Ball Bearing Manufacturing: Detailed Process Flow
List of Tables
Table 1: Global: Ball Bearings Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Ceramic Ball Bearings Market: Key Industry Highlights, 2018 and 2024
Table 3: Global: Ceramic Ball Bearings Market Forecast: Breakup by Raw Material (in Million US$), 2019-2024
Table 4: Global: Ceramic Ball Bearings Market Forecast: Breakup by Product Type (in Million US$), 2019-2024
Table 5: Global: Ceramic Ball Bearings Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 6: Global: Ceramic Ball Bearings Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 7: Global: Ceramic Ball Bearings Market: Competitive Structure
Table 8: Global: Ceramic Ball Bearings Market: Key Players