Technavio released its latest market research report, entitled "Global Automotive Needle Roller Bearing Market 2019-2023" (Graphic: Business Wire)
Technavio released its latest market research report, entitled "Global Automotive Needle Roller Bearing Market 2019-2023" (Graphic: Business Wire)
LONDON--(BUSINESS WIRE)--Technavio has been focusing on the automotive needle roller bearing market and is expected to grow by US$195.4 million during 2019-2023, at a compound annual growth rate of nearly 4% during the forecast period Rate growth. The report provides the latest analysis on current market conditions, the latest trends and driving factors, and the overall market environment.
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The market is concentrated, and the concentration will accelerate during the forecast period. JTEKT, NSK, NTN, Schaeffler and SKF are some of the major market players. In order to take full advantage of opportunities, market suppliers should pay more attention to the growth prospects of fast-growing areas while maintaining their position in slow-growing areas.
The demand for internal combustion engine (IC) engines has been driving market growth.
2019-2023 Automotive Needle Roller Bearing Market: Segmentation
The market segmentation of automotive needle roller bearings is as follows:
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2019-2023 Automotive Needle Roller Bearing Market: Scope
Technavio presents a detailed picture of the market by studying, synthesizing and summarizing data from multiple sources. Our automotive needle roller bearing market report covers the following areas:
This study identified the development of low-noise thrust needle roller bearings as one of the main reasons for the growth of the automotive needle roller bearing market in the next few years.
2019-2023 Automotive Needle Roller Bearing Market: Supplier Analysis
We conducted a detailed analysis of approximately 25 suppliers operating in the automotive needle roller bearing market, including some suppliers such as JTEKT, NSK, NTN, Schaeffler, and SKF. With the support of competitive intelligence and benchmark testing, our research report on the automotive needle roller bearing market aims to provide entry support, customer information and mergers and acquisitions, and strategic support for listing.
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2019-2023 Automotive Needle Roller Bearing Market: Main Highlights
Part 02: Report Scope
Part 06: Segment the market by application
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Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
From 2019 to 2023, the global automotive needle roller bearing market will grow by US$195.4 million.
Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/