Jewel Bearing Market- Global Industry Analysis and Forecast (2024-2030)
The Global Jewel Bearing Market is expected to grow at a CAGR of 6.17% from 2024 to 2030, reaching a value of US$ 4.56 billion by 2030. Jewel bearings are made from hard and durable materials, such as sapphire, ruby, and zirconia. They are used in applications where low friction, high precision, and long life are required. The growth of the market is being driven by the increasing demand for jewel bearings in watches, precision instruments, and other applications.