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Roller Bearings Market Growing Steadily at 4.33% CAGR to 2021

07-19-2017 11:35 AM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

Roller Bearings Market Growing Steadily at 4.33% CAGR to 2021

Roller Bearings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The analysts forecast global roller bearings market to grow at a CAGR of 4.33% during the period 2017-2021.

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Roller bearings are a type of antifriction bearings. Roller bearings are similar to ball bearings; however, roller bearings, unlike the balls in ball bearings, use cylindrical rollers. Roller bearings have higher radial load capacity than ball bearings. Bearings are machine elements that reduce energy loss caused by friction in the rotary motion parts of a broad range of equipment and machinery. There are several types of bearings, such as ball bearings, roller bearings, and plain bearings. Technological advances and the growing need to address energy efficiency in many applications result in the continuous improvement of bearing designs. The prospects for the growth of the bearings market is, therefore, closely linked to the growth in the production of high-performance industrial equipment and machinery. Economic growth, increase in manufacturing, construction activities, energy demand, and rising personal income levels are the main factors leading to the expansion of durable goods production and bearing-reliant applications.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Key vendors
• NSK
• NTN Bearing
• Schaeffler
• SKF
• Timken

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Other prominent vendors
• Brammer
• C&U
• HKT
• HRB
• Minebea
• NBI Bearings
• RCB bearings
• Rexnord

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

This report covers the present scenario and the growth prospects of the global roller bearings market for 2017-2021. The market size is calculated based on the demand for the roller bearings. The market has been segmented based on end-user and geography.

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Market driver
• Reduction in PV and energy storage systems costs
• For a full, detailed list, view our report
Market challenge
• Availability of alternative technologies
• For a full, detailed list, view our report
Market trend
• Residential energy storage as virtual power plants
• For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

About Us:
ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

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