Press release
Rod Ends Market to Perceive Substantial Growth During 2016 - 2026
The rod ends are used in wide applications like automobiles, aerospace, industrial machinery, construction, etc. as it supports a wide range of mechanical tolerances, which can boost the overall growth of the global rod ends market. The use of rod ends is cost-effective solution since it substitutes welded or more sophisticated assemblies, and is a major driving factor for global rod ends market. The properties of rod ends like robustness and less maintenance also contributes in the growth of global rod ends market.
The introduction of inexpensive, self-lubricating rod ends which do not require any re-lubrication or maintenance are anticipated to limit the growth of global non-lubricating rod ends market.
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Rod Ends Market: Region Wise Outlook
The global rod ends market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). APEJ holds major share in global rod ends market due to the high number of mechanical and automotive industries in the region. In APEJ, China has the major share in global rod ends market because of increasing industry capacity and consumer consumption. Western and Eastern Europe together hold the second position in global rod ends market due to the presence of well-established automotive industries. North America also has a significant market share due to several aerospace and defence equipment manufacturing industries in this region. Japan is expected to register moderate growth rate in global rod ends market during the forecast period.
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Rod Ends Market: Key Players
Some of the key players in the global rod ends market are as follows:
SKF, RBC Bearings Incorporated, FK Bearings , Minebea Co., Ltd. AST Bearings LLC
QA1, Aurora Bearing ,THK CO., LTD.,Alinabal, Inc.New Hampshire Ball Bearings.,NIPPON THOMPSON CO., LTD.
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