Bearing Market

The global Bearing Market size is expected to hit around US$ 195 billion by 2027

Bearing Market

The global bearing market is growing at a noteworthy CAGR of 6.85% during forecast period 2020 to 2027.

Bearing Market

Bearings are mechanical assemblies comprises of rolling elements and typically outer and inner races that can beutilized for linear shaft or rotating applications.

Bearing Market

Rising production of vehicles is directly prompting the sale for bearings employed in automotive sector.

Bearing Market

Europe appeared as second biggest market for bearings on account of presence of huge number of automotive manufacturers in the region.

Bearing Market

Asia Pacific is expected to record fastest growing market with majority of market share in 2019.

Bearing Market

Bearings find use in several applications in automotive sector including interior, wheel hub, transmission system and engine.

Bearing Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 - 2027