Bearings Market Forecasts, Size, Share, Regional Outlook 2017 - Acute Market Rep

Posted by akshayparmar on November 14th, 2017

Bearings Market (By End-use Application (Industrial Heavy Machinery (Construction and Mining, Agriculture), Automotive, Electronics and Electrical, Aerospace, and Other End-use Applications), By Type (Plain Bearings, Ball Bearings, Roller Bearings, and Others) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 - 2025, the global bearings market is expected to expand at a CAGR of 7.3% from 2016 to 2023, exceeding US$ 161.9 Bn by 2025.

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Product Insights:

A bearing is a machine element that is used to enable linear or rotational movement, while handling stress and reducing friction. Bearings enable machines/devices to roll, thereby reducing friction with the surface. Bearings reduce the friction by substituting sliding friction with rolling friction. Thus, they are widely used to provide superior linear motion or rotation around a fixed axis. The global market for bearings is highly matured and is poised to exhibit steady growth during the forecast period 2016 – 2023.

Key Trends:

• Revival of the construction industry post economic slowdown
• Increased Industrial Production and Agricultural Mechanization
• Increasing us of high performance raw materials such as silicon nitride ceramics
• Growing use of light weight bearings in automotive applications
• Growing use of hybrid bearings in aerospace applications

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review

2. Executive Summary
2.1. Global Bearings Market Snapshot

3. Global Bearings Market Analysis
3.1. Global Bearings Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers

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