Materials & Chemicals / Silicon Nitride Balls Market - Growth, Trends And Forecast (2021 - 2026) By Types, By Application, By Regions And By Key Players: Toshiba, Tsubaki Nakashima, CoorsTek, ITI
Silicon Nitride Balls Market - Growth, Trends And Forecast (2021 - 2026) By Types, By Application, By Regions and By Key Players: Toshiba, Tsubaki Nakashima, CoorsTek, ITI
Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Silicon Nitride Balls Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 7.2% during the review period (2022 to 2027).
Silicon Nitride Balls Market Overview
The bearings made of silicon nitride balls are generally used in high efficiency applications as they possess good shock resistance. For an instance, these balls are used engines of space shuttles. These bearings which are made from silicon nitride balls are usually harder than metal and because of this it leads to resulting in 2-9 times longer life, 75% lesser friction, 75% higher speeds, 55% lesser weight and minimal contact with bearing track. These bearings made from silicon nitride balls are capable of operating at high temperature and with minimum lubrication. When compared to traditional metal bearings these are corrosion resistant. Another benefit of silicon nitride balls is lower operational and maintenance cost and increased part life and reliability. These balls are most probably used where magnetic pr electric fields oblige the use of metals like they are used tidal flow meters or electric-field seekers.
Currently, some companies in the world can produce silicon nitride balls product, mainly concentrating in USA. The main market players are Toshiba, CoorsTek, Hoover Precision, ITI, Winsted Precision Ball, Ortech, etc. The volume of silicon nitride balls increased from 47384 K PCS in 2012 to 53398 K PCS in 2016, with an average growth rate of 3.03%.
October 2021: Toshiba Energy Systems & Solutions Corporation ("Toshiba ESS"), a world leader in energy solutions, announced that Toshiba America Energy Systems Corporation ("TAES"),an affiliate of Toshiba ESS, today completed its acquisition of the EtaPRO® business from GP Strategies Corporation(NYSE: GPX), a global provider of workforce transformation solutions. The acquisition was originally announced in May 2021.
KYOCERA Completes Acquisition of California-Based SLD Laser
January 2021: Kyocera Corporation announced that it has completed its 100% acquisition of California-based SLD Laser (Soraa Laser Diode, Inc.) based on the agreement announced on Nov. 12, 2020. SLD Laser is now a wholly owned subsidiary of Kyocera operating under the name KYOCERA SLD Laser, Inc. (hereinafter “KSLD”).
What are the major Applications, Types and Regions for Silicon Nitride BallsMarket?
By Type, it is segmented into
Automotive
Aerospace
Machine Tool
Energy
Others
others
By Applications
<1.0" Silicon Nitride Ball
<1.5" Silicon Nitride Ball
>1.5" Silicon Nitride Ball
<0.5" Silicon Nitride Ball
Others
Silicon Nitride Balls Market Regional Analysis
Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. Wherein, North America dominated the global silicon nitride balls market in 2019. Asia Pacific region will be a rapidly growing market for silicon nitride balls. On the other hand, Latin America will experience moderate growth in the coming years. The Middle East and Africa will register slower growth in the years to come.
In terms of region, the global silicon nitride balls market can be split into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America is projected to lead the global silicon nitride balls market during the forecast period. The market in Asia Pacific is expected to expand significantly due to the growth in end-user industries in the region, especially in India and China. Latin America and Middle East & Africa are expected to account for a moderate share of the market.
All these factors greatly affect the Silicon Nitride Balls Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Silicon Nitride Balls Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Silicon Nitride Balls Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Silicon Nitride Balls Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 7.2 % during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Healthcare IT Report
Evaluate Silicon Nitride Balls Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Silicon Nitride Balls Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Silicon Nitride Balls Market is studied from 2017 - 2027.
What is the growth rate of Silicon Nitride Balls Market?
The Silicon Nitride Balls Market is growing at a CAGR of 7.2% over the next 5 years.
Who are the key players in Silicon Nitride Balls Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
