Ceramic Roller Bearings Market 2021 Share, Trends, Opportunities, Growth Size & Forecasts 2026

NEW YORK - March 19, 2021 - PRLog -- The global ceramic roller bearings market grew at a CAGR of around 9% during 2015-2020. Looking forward, IMARC Group the market expects to continue its strong growth during the next five years.

Ceramic roller bearings are used to carry heavy loads while reducing friction by using rolling cylindrical elements. These roller bearings are made from different materials, such as silicon nitride, zirconium oxide, aluminum oxide, and silicon carbide. Ceramic roller bearings exhibit low thermal conductivity, better dimensional stability, enhanced electrical insulation, improved water resistance, etc. As a result, they find extensive applications across diverse industries, such as railways, aerospace, power generation, automotive, marine, etc.

Rapid industrialization, along with the growing penetration of automation trends for heavy-duty applications, is augmenting the demand for ceramic roller bearings. Furthermore, the increasing shift from traditional stainless-steel bearings towards ceramic-based substitutes for higher precision, improved wear and tear resistance, better durability, etc., is also driving the market growth. Besides this, the expanding automotive industry is increasingly adopting lightweight ceramic roller bearings to offer high-temperature resistance and enhanced fuel efficiency in both passenger and commercial vehicles. Additionally, the rising adoption of ceramic roller bearings in manufacturing marine and rail equipment based on excellent electrical insulation and better suitability in highly corrosive environments is also catalyzing the market growth. Moreover, leading manufacturers are focusing on improving the functioning of ceramic roller bearings by employing advanced seal and lubrication technologies, which will further continue to drive the market growth in the coming years.

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Competitive Landscape:

SKF, Cerabea Co. Ltd., CeramicSpeed, CeramTec GmbH, Emerson Bearing Company, Hentec Oy Ab, JTEKT Corporation, NSK Ltd., Ortech Advanced Ceramics, Schaeffler Technologies AG & Co. KG and The Timken Company.

Insights on Market Segmentation:

Breakup by Type:

Silicon Nitride
Zirconium Oxide
Others

Breakup by Product Type:

Hybrid Ceramic Roller Bearings
Full Ceramic Roller Bearings

Breakup by Application:

Automotive and Railways
Industrial and Mechanical Equipment
Power Generation
Aerospace
Others

Breakup by Region:

China
Europe
United States
Japan
Rest of Asia Pacific
Others

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