PDF- Ceramic Ball Bearings Market by Product Type, End User 2019-2024

1. Global Ceramic Ball Bearings Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value challenges, and transform their businesses. opportunities, address their most critical IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Ceramic Ball Bearings Market Overview: According to the latest report by IMARC Group, titled “Ceramic Ball Bearings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global ceramic ball bearings market reached a value of US$ 996.1 Million in 2018. 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. 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.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Million US$ In Million US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 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$ 1,842.5 Million by 2024, expanding at a CAGR of around 10.5% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/ceramic-ball-bearings- market/requestsample

5. Report Description and Highlights Report Description Owing to the increasing awareness regarding the ill effects of smoking, these cigarettes have emerged as a preferable recourse. On the other hand, the pharmaceutical industry employs acetic anhydride in the production of common medicines including aspirin, paracetamol and vitamins. Escalating incidences of diseases across the globe along with a significant rise in the geriatric population have been contributing significantly to the thriving pharmaceutical industry. Market Segmentation by Raw Material • • • Zirconium Oxide Silicon Nitride Others 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. For more information, click here: https://www.imarcgroup.com/ceramic-ball-bearings-market

6. Report Description and Highlights Report Description Market Segmentation by Product Type • • Hybrid Ceramic Ball Bearings Full Ceramic Ball Bearings 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. Market Segmentation by Application • • • • • • Electric Motor Automobile Under Water Equipment Laboratory Equipment Aerospace Others

7. Report Description and Highlights Report Description 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. Market Segmentation by Region • • • • • • United States China Europe Japan India South East Asia 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. Competitive Landscape:

8. Report Description and Highlights Report Description The competitive landscape of the market has also been examined with some of the key players. • • • • • • • • • AB SKF NSK Ltd. NTN Corporation Ortech Advanced Ceramic CeramicSpeed A/S Shanghai Lily Bearing Manufacturing Co., Ltd. Boca Bearings GMN Bearing USA Ltd JTEKT Corporation Browse Related Report United States Ceramic Ball Bearing Market Report: https://www.imarcgroup.com/united-states- ceramic-ball-bearing-market Ball Bearing Market Report: https://www.imarcgroup.com/ball-bearing-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, 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 any kind as to the accuracy or completeness of 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 used in this publication are registered trademarks of their respective companies.

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