Industry Report

According to the latest report by IMARC Group, titled  “Japan Ceramic Ball Bearings Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, ” offers a comprehensive analysis of the industry, which comprises insights on the japan ceramic ball bearings market value . The Japan ceramic ball bearings market size reached US$ 97.8 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 153.7 Million by 2027, exhibiting a growth rate (CAGR) of 8.05% during 2022-2027. Ceramic ball bearings are anti-friction mechanical components that comprise a ceramic rolling ball, inner ring, outer ring, and a cage manufactured from stainless steel or heat-treated chrome. They are lightweight and corrosion-resistant and provide high stiffness and low thermal expansion compared to their metal counterparts. Presently, ceramic ball bearings are widely used in vacuum pumps, machine tools, bicycles, and underwater equipment across Japan to meet industry requirement

According to the latest report by IMARC Group, titled  “ Europe Ceramic Ball Bearings Market : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, ” offers a comprehensive analysis of the industry, which comprises insights on the europe ceramic ball bearings market trends . The Europe ceramic ball bearings market size reached US$ 240.6 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 377.7 Million by 2027, exhibiting a growth rate (CAGR) of 8.03% during 2022-2027. Ceramic ball bearings are durable mechanical components that offer high dimensional stability compared to their counterparts. They have a smooth and round surface, provide optimum resistance against corrosion and heat, and require less energy due to their high speed that minimizes friction. As a result, they find extensive application in various end use industries across Europe. As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking t