According to the latest report by IMARC Group, titled “Europe Ceramic Roller Bearings Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the Europe Ceramic Roller Bearings Market is expected to continue its strong growth during the forecast period (2021-2026).
Ceramic roller bearings are generally made from silicon nitride (Si3N4), silicon carbide (SiC), zirconium oxide (ZrO2) and aluminum oxide (Al2O3). They are commonly embedded with balls, retainers, a snap ring, and an inner and outer ring. They are widely utilized in the manufacturing of electric motors, laboratory equipment, racing vehicles and aircraft as they require minimal lubrication and can withstand extreme temperatures.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Europe Ceramic Roller Bearings Market Trends:
The market in Europe is primarily driven by significant growth in the automotive sector. Continual product innovations in the sector have led to the widespread adoption of lightweight materials, including ceramic roller bearings, in the manufacturing of numerous automobile components, which is positively influencing the market growth. Moreover, the increasing usage of ceramic roller bearings in the production of rail and marine components due to their excellent corrosion and electrical resistivity is providing an impetus to the market growth. Some of the other factors contributing to the market growth across the region include extensive research and development (R&D) activities conducted by key players to launch bearings with advanced materials, such as chrome and plastics.
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Europe Ceramic Roller Bearings Market 2021-2026 Analysis and Segmentation:
Breakup by Type:
- Silicon Nitride
- Zirconium Oxide
Breakup by Product Type:
- Hybrid Ceramic Roller Bearings
- Full Ceramic Roller Bearings
Breakup by Application:
- Automotive and Railways
- Industrial and Mechanical Equipment
- Power Generation
Breakup by Country:
- United Kingdom
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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