KML
qyxw
Home > News & Events
Industry News
BEARING MARKET WORTH US$ 136 BILLION GLOBALLY BY 2022

The bearing market is segmented on the lines of its product, component, end user and regional. Based on product segmentation it covers roller bearing, plain bearing, unmounted ball bearings and others. Under component segmentation the bearing market contains rings, cages, rollers, balls and others. The bearing market is segmented on the lines of its end user like oilfield machinery, farm and garden machinery, construction machinery, power transmission equipment, aerospace equipment, motor vehicles and other machinery.

How Big is the Bearing Market?

The bearing market is expected to exceed more than US$ 136 Billion by 2022; Growing at a CAGR of more than 7.5% in the given forecast period.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include C&U Group, The Timken Co., Harbin Bearing Group, Wafangdian Bearing Co. Ltd., SKF Group, NTN Corp., Asahi Seiko Co. Ltd., Brammer PLC, Schaeffler Group, ThyssenKrupp AG, RBC Bearings, Rexnord Corp., JTEKT Corp., NSK Ltd., GGB Bearing Technology, Daido Metal Co. Ltd., and Danaher Corp. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The bearing market’s geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

Find Full Report: https://www.marketresearchengine.com/reportdetails/bearing-market-report
2024-05-25