Reports
Global Ceramic Ball Bearings Market: By Raw Material: Zirconium Oxide, Silicon Nitride, Others; By Product Type; By Application; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Ceramic Ball Bearings Market Outlook
The global ceramic ball bearings market size reached a value of almost USD 10.5 billion in the year 2020. The industry is further expected to grow at a CAGR of 10% between 2022 and 2027 to reach a value of almost USD 18.6 billion by 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The global ceramic ball bearings market is driven by the flourishing automotive industry. The United States is the leading regional market for the product globally. The market is finding impetus in the growing dependency of the defence and aerospace sector on ceramic ball bearings to boost energy efficiency.
Market Segmentation
Ball bearing is referred to as a rolling-element bearing that utilises balls to maintain an appropriate gap between its movable parts. It helps reduce the rotational friction that is caused by the working of a machine. The ball bearing comprises an outer ring, an inner ring, steel balls, and a cage. Owing to its simple design, durability, low maintenance expenses, and operating temperature, the ball bearing is widely used in automobiles, aircrafts, medical equipment, and others.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The market is segmented on the basis of raw material into:
- Zirconium Oxide
- Silicon Nitride
- Others
Amongst these, silicon nitride exhibits the most common raw material as it offers low-density, superior strength, and toughness to the product.
On the basis of product type, the market is divided into:
- Hybrid
- Full
At present, hybrid ceramic ball bearings hold the majority of the demand as they are ideal for situations that require high speeds, minimal lubrication, as well as high efficiency.
On the basis of application, the market is segregated into:
- Electric Motor
- Automobile
- Under Water Equipment
- Laboratory Equipment
- Aerospace
- Others
Among all of these, the product is being largely used in electric motors.
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
The global ceramic ball bearings market is driven by the growing demand for different automobile components, commercial vehicles, and passenger cars in the emerging economies in the past few years. The market is further aided by the technological advancements taking place in the industry, such as lightweight materials, integrated components of both stainless steel as well as ceramic bearings, and lubrication and seal technologies to make ball bearings more efficient and achieve high performance. Such developments have opened up several opportunities for the manufacturers operating in the ceramic ball bearings market. In addition to this, the product is being increasingly used to replace stainless ball bearings installed in grinding media, agitators, and valves, which is propelling the market growth. The market growth is, however, being hindered by the air and land pollution caused by the extraction of ceramic materials.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global ceramic ball bearings market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- SKF Group
- NSK Ltd.
- NTN Bearing Corporation
- Ortech Advanced Ceramics
- Boca Bearings, Inc.
- GMN Bearing USA
- JTEKT Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Raw Material, Product Type, Application, Region |
| 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, Automobiles, Under Water Equipment, Laboratory Equipment, Aerospace, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | NSK Ltd., NTN Bearing Corporation, Ortech Advanced Ceramics, Boca Bearings, Inc., GMN Bearing USA, JTEKT Corporation, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Ball Bearings Market Overview
8.1 Key Industry Highlights
8.2 Global Ball Bearings Historical Market (2018-2022)
8.3 Global Ball Bearings Market Forecast (2023-2028)
8.4 Global Ball Bearings Market by Size
8.5 Global Ball Bearings Market by Application
8.6 Global Ball Bearings Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Global Ceramic Ball Bearings Market Analysis
9.1 Key Industry Highlights
9.2 Global Ceramic Ball Bearings Historical Market (2018-2022)
9.3 Global Ceramic Ball Bearings Market Forecast (2023-2028)
9.4 Global Ceramic Ball Bearings Market by Raw Material
9.4.1 Zirconium Oxide
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Silicon Nitride
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.4.3 Others
9.5 Global Ceramic Ball Bearings Market by Product Type
9.5.1 Hybrid Ceramic Ball Bearings
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 Full Ceramic Ball Bearings
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
9.6 Global Ceramic Ball Bearings Market by Application
9.6.1 Electric Motor
9.6.1.1 Market Share
9.6.1.2 Historical Trend (2018-2022)
9.6.1.3 Forecast Trend (2023-2028)
9.6.2 Automobiles
9.6.2.1 Market Share
9.6.2.2 Historical Trend (2018-2022)
9.6.2.3 Forecast Trend (2023-2028)
9.6.3 Under Water Equipment
9.6.3.1 Market Share
9.6.3.2 Historical Trend (2018-2022)
9.6.3.3 Forecast Trend (2023-2028)
9.6.4 Laboratory Equipment
9.6.4.1 Market Share
9.6.4.2 Historical Trend (2018-2022)
9.6.4.3 Forecast Trend (2023-2028)
9.6.5 Aerospace
9.6.5.1 Market Share
9.6.5.2 Historical Trend (2018-2022)
9.6.5.3 Forecast Trend (2023-2028)
9.6.6 Others
9.7 Global Ceramic Ball Bearings Market by Region
9.7.1 Market Share
9.7.1.1 North America
9.7.1.2 Europe
9.7.1.3 Asia Pacific
9.7.1.4 Latin America
9.7.1.5 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.1.3.2 Canada
10.2 Europe
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.2.3 Breakup by Country
10.2.3.1 United Kingdom
10.2.3.2 Germany
10.2.3.3 France
10.2.3.4 Italy
10.2.3.5 Others
10.3 Asia Pacific
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.3.3 Breakup by Country
10.3.3.1 China
10.3.3.2 Japan
10.3.3.3 India
10.3.3.4 ASEAN
10.3.3.5 Australia
10.3.3.6 Others
10.4 Latin America
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.4.3 Breakup by Country
10.4.3.1 Brazil
10.4.3.2 Argentina
10.4.3.3 Mexico
10.4.3.4 Others
10.5 Middle East and Africa
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.5.3 Breakup by Country
10.5.3.1 Saudi Arabia
10.5.3.2 United Arab Emirates
10.5.3.3 Nigeria
10.5.3.4 South Africa
10.5.3.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Competitive Landscape
13.3.2 NSK Ltd.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Demographic Reach and Achievements
13.3.2.4 Certifications
13.3.3 NTN Bearing Corporation
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Demographic Reach and Achievements
13.3.3.4 Certifications
13.3.4 Ortech Advanced Ceramics
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Demographic Reach and Achievements
13.3.4.4 Certifications
13.3.5 Boca Bearings, Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Demographic Reach and Achievements
13.3.5.4 Certifications
13.3.6 GMN Bearing USA
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Demographic Reach and Achievements
13.3.6.4 Certifications
13.3.7 JTEKT Corporation
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Demographic Reach and Achievements
13.3.7.4 Certifications
13.3.8 Others
14 Industry Events and Developments
List of Key Figures and Tables
1. Global Ball Bearings Market: Key Industry Highlights, 2018 and 2028
2. Global Ball Bearings Historical Market: Breakup by Size (USD Billion), 2018-2022
3. Global Ball Bearings Market Forecast: Breakup by Size (USD Billion), 2023-2028
4. Global Ball Bearings Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Ball Bearings Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Ball Bearings Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Ball Bearings Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. Global Ceramic Ball Bearings Market: Key Industry Highlights, 2018 and 2028
9. Global Ceramic Ball Bearings Historical Market: Breakup by Raw Material (USD Billion), 2018-2022
10. Global Ceramic Ball Bearings Market Forecast: Breakup by Raw Material (USD Billion), 2023-2028
11. Global Ceramic Ball Bearings Historical Market: Breakup by Product Type (USD Billion), 2018-2022
12. Global Ceramic Ball Bearings Market Forecast: Breakup by Product Type (USD Billion), 2023-2028
13. Global Ceramic Ball Bearings Historical Market: Breakup by Application (USD Billion), 2018-2022
14. Global Ceramic Ball Bearings Market Forecast: Breakup by Application (USD Billion), 2023-2028
15. Global Ceramic Ball Bearings Historical Market: Breakup by Region (USD Billion), 2018-2022
16. Global Ceramic Ball Bearings Market Forecast: Breakup by Region (USD Billion), 2023-2028
17. North America Ceramic Ball Bearings Historical Market: Breakup by Country (USD Billion), 2018-2022
18. North America Ceramic Ball Bearings Market Forecast: Breakup by Country (USD Billion), 2023-2028
19. Europe Ceramic Ball Bearings Historical Market: Breakup by Country (USD Billion), 2018-2022
20. Europe Ceramic Ball Bearings Market Forecast: Breakup by Country (USD Billion), 2023-2028
21. Asia Pacific Ceramic Ball Bearings Historical Market: Breakup by Country (USD Billion), 2018-2022
22. Asia Pacific Ceramic Ball Bearings Market Forecast: Breakup by Country (USD Billion), 2023-2028
23. Latin America Ceramic Ball Bearings Historical Market: Breakup by Country (USD Billion), 2018-2022
24. Latin America Ceramic Ball Bearings Market Forecast: Breakup by Country (USD Billion), 2023-2028
25. Middle East and Africa Ceramic Ball Bearings Historical Market: Breakup by Country (USD Billion), 2018-2022
26. Middle East and Africa Ceramic Ball Bearings Market Forecast: Breakup by Country (USD Billion), 2023-2028
27. Global Ceramic Ball Bearings Market Structure
Key Questions Answered in the Report
In 2020, the global ceramic ball bearings market attained a value of nearly USD 10.5 billion.
The market is projected to grow at a CAGR of 10% between 2021 and 2026.
The market is estimated to grow in the forecast period of 2023-2028 to reach about USD 18.6 billion by 2026.
The major drivers of the industry, such as the increasing demand for various automobile components, rising disposable incomes, growth in the sales of commercial vehicles and passenger cars, and growing technological advancements, are expected to aid the market growth.
The key trends guiding the growth of the market include the growing preference of the product over stainless ball bearings and the increased demand for lightweight materials.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific. Country-wise, the United States accounts for the largest share in the market.
Silicon nitride is the dominant raw material in the industry.
Hybrid ceramic ball bearings are the leading product type in the industry.
The application segment is led by electric motors.
The major players in the industry are SKF Group, NSK Ltd., NTN Bearing Corporation, Ortech Advanced Ceramics, Boca Bearings, Inc., GMN Bearing USA, and JTEKT Corporation, among others.
Analyst Review
The global ceramic ball bearings market attained a value of USD 10.5 billion in 2020, driven by the growing automobile industry and growing technological advancements. Aided by the growing preference for lightweight materials, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 10%. The market is projected to reach USD 18.6 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its raw materials, the ceramic ball bearings industry can be segmented into zirconium oxide, silicon nitride, and others, with silicon nitride accounting for the largest market share. On the basis of product, the industry is bifurcated into hybrid and full ceramic ball bearings, with the hybrid variant accounting for the majority of the share. On the basis of application, the electric motors segment accounts for the leading share in the industry. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include SKF Group, NSK Ltd., NTN Bearing Corporation, Ortech Advanced Ceramics, Boca Bearings, Inc., GMN Bearing USA, and JTEKT Corporation, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1699
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2799-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$3999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER