Bearing Market
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<strong>Bearing</strong> <strong>Market</strong><br />
<strong>Bearing</strong> is an essential part of machinery which helps to reduce the friction of motion and increases<br />
the smoothness of machine. <strong>Bearing</strong>s are widely use in automotive industry which helps to increase<br />
the speed of vehicle. <strong>Bearing</strong> reduces the friction between fixed and moving machine parts.<br />
However, it requires consistent maintenance to prevent early failure. The desperate need for energyefficient<br />
vehicles and the expanding demand for bearings from the defense and aerospace industry<br />
increase the importance of bearing.<br />
<strong>Bearing</strong> market is mainly driven by growing automotive market across the world. Strong growth of<br />
automotive sector in Asia Pacific region is expected to further drive the demand for bearing market<br />
through forecast period. The rising demand across various application sectors such as industrial,<br />
railways and aerospace sector is expected to witness a substantial growth during the forecast<br />
period. Development of seal technologies, light weight elements in high performance bearings and<br />
lubrication technologies gives some market growth opportunities.<br />
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