Global Bearings Market 2015-2019 is a new research report added by Sandlerresearch.org under the Bearing category. The report has estimated market size and vendor share by Frictional, Anti-friction, Journal, Other bearings and bearings components.
Bearings are machine elements used to reduce the energy loss caused by friction in the rotary motion parts of a broad range of equipment and machinery. Industries such as automotive, aerospace, heavy engineering, railways, shipbuilding, defence, die mold and part manufacturing, machine tool, healthcare, and consumer durables make extensive use of ball bearings. The prospects for the market growth of bearings are closely linked to growth in the production of high-performance industrial equipment and machinery.
The analysts forecast global bearings market to grow at a CAGR of 7.94% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global bearings market for the period 2015-2019. The report considers 2014 as the base year and estimates the global bearing market size and vendor share by considering the revenues generated from the following segments:
- Frictional bearings
- Anti-friction bearings
- Journal bearings
- Other bearings and bearings components
View Complete Report @ Global Bearings Market 2015-2019.
The report, Global Bearings Market 2015-2019, has been prepared based on in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global bearings market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Market Driver
- Growth of Automotive Industry
Key Market Challenge
- Counterfeit Products
Key Market Trend
- Shift to Developing Countries of APAC