The Insight Partners Ceramic Balls Market | Page 2

Favorable strategies driving the growth of ceramic balls in
Asia Pacific
The Asian manufacturing sector is known to rapidly adopt innovation
accelerators that includes advanced technologies and materials in order to
improve the operational efficiency. Moreover, rise in the manufacturing
spending of the region has grown significantly and is further anticipated to
grow at a highest estimated growth rate. Ball bearings are extensively used
in aerospace, automotive, medical, and mechanical equipment including
others. These bearings are commonly made using materials such as
ceramic, metals, and plastic materials. However, as compared to other
materials, ceramic ball bearings provide added benefits such as reduced
weight, minimum noise, and faster speed. Thus, implementation of
ceramic ball bearings in several end-use industries is expected to offer
significant growth opportunity to the industry players in this region.
Additionally, the region’s growth is rapidly driven by expanding automotive
industry especially for autonomous and electric vehicles. This increases
the demand for high-performance bearings which in turn boost the market
of ceramic balls.