World Bearing Market to Grow 2.0% Annually from 2015 to 2019
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global bearing industry is forecast to reach 2.0% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 5.8%. Currently, ball bearings account for 35.0% of the global demand while the remaining market share is divided between tapered roller bearings (11.4%), spherical roller bearings (5.5%), needle roller bearings (3.7%), other...
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