C&M: Global market for automotive bearings driven by growing Global Motorcycle market
Global Automotive Bearing Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-20 14:32:01
The Global Automotive Bearing market is to grow at a CAGR of 7.42 percent over the period 2014-2018. One of the key factors contributing to this market growth is the growing Global Motorcycle market. The Global Automotive Bearing market has also been witnessing the increasing development of integrated bearings. However, the ongoing financial crisis in Europe could pose a challenge to the growth of this market.
One of the emerging trends in the Global Automotive Bearing market is the increasing development of integrated bearings, which are bearings without a surface. In these types of bearings the surrounding parts work as an integral part of the bearing design. Many bearings manufacturers are developing integrated bearings to reduce the number of components in the final assembled product. Also, these integrated bearings help to reduce equipment costs because they are more reliable, easy to install, and weigh less than other types of bearings.
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