Global Ceramic Roller Bearing Market Report 2021: Growing Penetration of Automation Trends for Heavy-Duty Applications Propels Demand – ResearchAndMarkets.com


DUBLIN–(BUSINESS WIRE)–The “Ceramic Roller Bearings Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026” report has been added to from ResearchAndMarkets.com offer.

The global ceramic roller bearing market grew at a CAGR of approximately 9% during the period 2015-2020. Looking ahead, the publisher expects the market to continue its strong growth over the period 2021-2026.

Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on the various end-use industries. This information is included in the report as a major market contributor.

Ceramic roller bearings are designed to support heavy loads while minimizing friction through the use of rolling cylindrical elements. These roller bearings are made of different materials, such as silicon nitride, zirconium oxide, aluminum oxide and silicon carbide.

Ceramic roller bearings feature low thermal conductivity, improved electrical insulation, better dimensional stability, better water resistance, etc. As a result, they find wide applications in various industries, such as railways, power generation, aerospace, automotive, marine, etc.

Rising levels of industrialization along with rising penetration of automation trends for heavy duty applications are propelling the demand for ceramic roller bearings. Additionally, the increasing shift from conventional stainless steel bearings to ceramic-based alternatives for higher precision, lower friction, better wear resistance, etc., is also driving the global market.

Apart from this, significant growth in the automotive industry is catalyzing the adoption of ceramic roller bearings in passenger cars and commercial vehicles. With this in mind, the growing demand for lightweight materials in automotive components has led to the integration of stainless steel and ceramic roller bearings that provide high temperature resistance and better energy efficiency.

Additionally, the increasing adoption of ceramic roller bearings in the manufacture of railway and marine equipment based on excellent electrical insulation and better suitability in highly corrosive environments is also propelling the market growth.

Additionally, several manufacturers are focusing on improving the performance of ceramic roller bearings by deploying advanced sealing and lubricating technologies, which will continue to drive the market in the coming years.

Answers to key questions in this report:

  • How has the global ceramic roller bearing market behaved so far and how will it behave in the coming years?

  • What has been the impact of COVID-19 on the global Ceramic Roller Bearings market?

  • What are the main regional markets?

  • What is the market breakdown by type?

  • What is the market breakdown by product type?

  • What is the market breakdown by application?

  • What are the different stages of the industry value chain?

  • What are the industry drivers and key challenges?

  • What is the structure of the global Ceramic Roller Bearings market and who are the key players?

  • How competitive is the industry?

Competitive Landscape:

The competitive landscape of the industry was also examined with some of the key players being

  • ABSKF

  • Cerabea Co. Ltd.

  • CeramicSpeed

  • CeramTec GmbH

  • Emerson Bearing Company

  • Hentec Oy AB

  • JTEKT Corporation

  • NSK Ltd.

  • Ortech advanced ceramic

  • Schaeffler Technologies AG & Co. KG

  • The Timken Company

Key Market Segmentation:

Breakdown by type:

  • Silicon nitride

  • Zirconium oxide

  • Others

Breakdown by product type:

  • Ceramic hybrid roller bearings

  • Full ceramic roller bearings

Breakdown by application:

  • Automotive and Rail

  • Industrial and mechanical equipment

  • energy production

  • Aerospace

  • Others

Breakdown by region:

  • China

  • Europe

  • United States

  • Japan

  • Rest of Asia-Pacific

  • Others

For more information on this report, visit https://www.researchandmarkets.com/r/ssimck

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