Ceramic Bearings are indeed a very expensive upgrade, but in the long term they are more cost effective. It’s quite amazing with all the new technology that we still use the ball bearings. There is simply nothing better out there at the moment which does the same job.
The main parts of your bike to upgrade with ceramic bearings in order to increase performance are wheels, crank and jockey wheels on your rear gear mechanism.
The Ceramic bearings as opposed to the standard steel bearings are made of a far superior material. Ceramic silicon nitride (SI2N4) is rounder with a much smoother surface. This reduces friction and drag which, in turn, means less energy is used.
After some research, the consensus is that the ceramic bearings can last up to 10 times longer, being much stronger than steel. The lack of friction can save up to 9 watts and are the best preforming bearing underload.
I have been given a set of wheel bearings by C-bear who are based in Belgium and I have been testing them in the Portuguese mountains. What struck me was the lovely way C-Bear is branded on the casing a very nice touch and the finish was of a high standard.