Bearing Market

Bearing Market – Global Industry Analysis and Forecast (2017-2026) – By Product, Application, and Region.

Bearing Market size is valued at US$ 95 Bn in 2017 and expected to grow at a CAGR of 6% in the forecasting period. Rising demand for energy effective products is projected to drive the bearings market growth over the forecast period. Strict rules and standards to preserve the global environment have stimulated the development of innovative application-specific bearings. The demand for large-bore anti-friction bearings in the heavy machinery and manufacturing industries as well as in the renewable energy sector such as for wind turbines are expected to drive the market.

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