Bearings Market Size Worth $186.1 Billion by 2025 | CAGR: 9.1%: Grand View Research, Inc.

Read 101 page research report with TOC on "Bearings Market Size, Share & Trends Analysis Report By Product (Ball, Roller), By Application (Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace), And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/bearings-market Read 101 page research report with TOC on "Bearings Market Size, Share & Trends Analysis Report By Product (Ball, Roller), By Application (Automotive, Agriculture,...
SAN FRANCISCO, (informazione.it - comunicati stampa - salute e benessere)

Read 101 page research report with TOC on "Bearings Market Size, Share & Trends Analysis Report By Product (Ball, Roller), By Application (Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace), And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/bearings-market

The bearings market is estimated to witness a considerable growth in the forthcoming years, ascribed to the aim to achieve energy efficiency. Energy saving and bearings go hand-in-hand. The main objective of this element is saving energy by reducing friction, be it during the rotation of shafts of a transmission or the wheel of a vehicle. Additionally, rising demand for commercial vehicles is expected to catapult the demand from automotive sector across the world.

Technological advancements including smart bearings, development of advanced materials and lubricants, and integrating sensor units, are anticipated to provide high growth potential to the market. With the objective of enhancing performance, vendors are incorporating sensor units of the product. Sensor units help digital monitoring of rotation speed, axial movement, load carrying capacity acceleration, and deceleration. These units are presently being used in conveyors forklifts, road rollers, and electric motors. Furthermore, the integration of IoT capabilities facilitates manufacturers to monitor bearing operations constantly.

The market is mature with a dynamic demand closely related to the state of engineering industries and capital goods. Companies are offering integrated products that significantly decrease the number of bearings that go into an assembled product and reduce the overall cost of equipment. This in turn is also increasing the shelf-life and reliability of the product. Product manufacturers are increasingly investing in R&D to address the intensifying competition by providing innovative products.

Grand View Research has segmented the global bearings market on the basis of product, application, and region

Find more research reports on Automotive & Transportation Industry, by Grand View Research:

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports

Bearings Market Size Worth $186.1 Billion by 2025 | CAGR: 9.1%: Grand View Research, Inc.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: [email protected]

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg  

Ufficio Stampa
 PR Newswire (Leggi tutti i comunicati)
209 - 215 Blackfriars Road
LONDON United Kingdom
Allegati
Slide ShowSlide Show
Non disponibili