QYResearch: The Mexico market for Bearings is expected to reach about 602.39 million USD by 2022
More Info: http://www.qyresearchglobal.com/goods-886043.html Mexico Bearings Market Research Report 2017 is a professional and in-depth study on the current state of the Bearings industry. Annual estimates and forecasts are provided for the period 2017 through 2022. Also, a six-year historic analysis is provided for these markets. The Mexico market for Bearings is expected to reach about 602.39 million USD by 2022 from 452.89 million USD in 2017, registering a Compounded Annual Growth Rate (CAGR) of 5.87% during the analysis period, 2017-2022.
More Info: http://www.qyresearchglobal.com/goods-886043.html Mexico Bearings Market Research Report 2017 is a professional and in-depth study on the current state of the Bearings industry. Annual estimates and forecasts are provided for the period 2017 through 2022. Also, a six-year historic analysis is provided for these markets. The Mexico market for Bearings is expected to reach about 602.39 million USD by 2022 from 452.89 million USD in 2017, registering a Compounded Annual Growth Rate (CAGR) of 5.87% during the analysis period, 2017-2022.
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<strong>QYResearch</strong>: <strong>The</strong> <strong>Mexico</strong> <strong>market</strong> <strong>for</strong><br />
<strong>Bearings</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>about</strong><br />
<strong>602.39</strong> <strong>million</strong> <strong>USD</strong> <strong>by</strong> <strong>2022</strong><br />
More Info: http://www.qyresearchglobal.com/goods-886043.html<br />
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<strong>QYResearch</strong><br />
• A bearing <strong>is</strong> a machine element that constrains relative motion <strong>to</strong> only the<br />
desired motion, and reduces friction between moving parts. <strong>The</strong> design of<br />
the bearing provides <strong>for</strong> free linear movement of the moving part or <strong>for</strong><br />
free rotation around a fixed ax<strong>is</strong>; or, it prevents a motion <strong>by</strong> controlling the<br />
vec<strong>to</strong>rs of normal <strong>for</strong>ces that bear on the moving parts.<br />
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<strong>QYResearch</strong><br />
• First, <strong>for</strong> industry structure analys<strong>is</strong>, the <strong>Bearings</strong> industry <strong>is</strong> relatively concentrated. <strong>The</strong>se<br />
manufacturers range from large multinational corporations <strong>to</strong> small privately owned companies<br />
compete in th<strong>is</strong> industry. <strong>The</strong> <strong>to</strong>p five producers account <strong>for</strong> <strong>about</strong> 46 % of the revenue <strong>market</strong>.<br />
• Second, the revenue of <strong>Bearings</strong> increased from 349.47 <strong>million</strong> dollars in 2012 <strong>to</strong> 425.88 <strong>million</strong><br />
dollars in 2016 with an average growth rate of 5.08%.<br />
• Third, according <strong>to</strong> <strong>QYResearch</strong>, ball bearings occupied 66.71% of the revenue <strong>market</strong> in 2016,<br />
while roller bearings accounts <strong>for</strong> around 33.29% of the <strong>to</strong>tal industry. As <strong>for</strong> application field,<br />
Au<strong>to</strong>motive Industry and Industrial Machine are the largest two application fields which account<br />
<strong>for</strong> 45.23% and 31.46% respectively. Aerospace industry <strong>is</strong> smaller with 10.54% in 2016 and other<br />
application accounts <strong>for</strong> <strong>about</strong> 12.77% of the <strong>market</strong>.<br />
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<strong>QYResearch</strong><br />
Fourth, <strong>for</strong> price trend analys<strong>is</strong>, a key variable in the per<strong>for</strong>mance of <strong>Bearings</strong><br />
producers <strong>is</strong> raw material costs, specifically the speed at which any increase can be<br />
passed through <strong>to</strong> cus<strong>to</strong>mers.<br />
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<strong>QYResearch</strong><br />
Fifth, <strong>for</strong> <strong>for</strong>ecast, the <strong>Mexico</strong> <strong>Bearings</strong><br />
revenue would keep increasing with annual<br />
growth rate with 5~7%. QYR tend <strong>to</strong> believe<br />
that th<strong>is</strong> industry still has a good future,<br />
considering the current demand of <strong>Bearings</strong>.<br />
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