Published By: Syndicate Market Research
Bearing Market - Global Industry Perspective,
Comprehensive Analysis and Forecast, 2014 –
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Bearing is an essential part of machinery which helps to reduce the friction of motion and increases
the smoothness of machine. Bearings are widely use in automotive industry which helps to increase
the speed of vehicle. Bearing reduces the friction between fixed and moving machine parts.
However, it requires consistent maintenance to prevent early failure. The desperate need for energyefficient vehicles and the expanding demand for bearings from the defense and aerospace industry
increase the importance of bearing.
Bearing market is mainly driven by growing automotive market across the world. Strong growth of
automotive sector in Asia Pacific region is expected to further drive the demand for bearing market
through forecast period. The rising demand across various application sectors such as industrial,
railways and aerospace sector is expected to witness a substantial growth during the forecast
period. Development of seal technologies, light weight elements in high performance bearings and
lubrication technologies gives some market growth opportunities.
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The report covers forecast and analysis for the bearing market on a global and regional level. The
study provides historic data of 2014 along with a forecast from 2014 to 2020 based on revenue
(USD Billion). The report also offers detailed competitive landscape of the global bearing market. It
includes company market share analysis, product portfolio of the major industry participants. The...