Market Research Reports : Hexa Research Bearings Market Research 2016-2024
Hexa Research
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Bearings Market Share, Size, Analysis, Growth, Trends and
Forecasts, 2016 to 2024 | Hexa Research
The bearings market is primarily driven by process industries and their need to
conserve energy. It is projected to generate more than USD 110 million in revenue by
2024. Technological advances and demand from oil & gas, automotive, and
construction industries will lead to market growth. The fluctuating prices of steel pose a
challenge for the market.
The worldwide market is segmented according to products, applications, and regions.
Products encompass ball bearings, roller bearings, and others. Tapered and split
bearings are 2 types of roller bearings. ‘Others’ consist of thrust, angular contact, and
self-aligning ball bearings.
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