In a recent research report by Maximize Market Research, the Duplex Bearings Market is expected to surpass US $7.38 million by the year 2027, from US $4.7 million in 2019.
Duplex Bearings Market trends:
Face to Face mounting arrangement is expected to dominate the growth trends in the market owing to increasing adoption of F2F arrangement in the robotics and construction sector owing to its load bearing capacity and radial load capacitance at different levels of locking mechanisms. Moreover, increasing investments by manufacturers including SKF, Aisin Seiki and others for product integration is driving the growth of the segment in the market during the forecast period.
Despite a huge decline in the sales of Duplex Bearings during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 5.8%, during the tenure of 2021 – 2027.
The study is consolidated on the basis of three major segments and further into sub-segments, Bearing Mounting Arrangement (DB (Back to Back Arrangement), DF (Face to Face Arrangement), DT (Tandem Arrangement), DU (Universal Arrangement)), Sales Channel (offline and online {E commerce and company websites}), and End User Industry (Robotics, Medical equipment, Construction, Military and defense, High speed trains, Recreational vehicles, Oil derricks, Others) to forecast the market value; Also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players- SKF, Emerson Bearing, NSK, RBC Bearings, NTN Corporation, PIB Bearings, Inc., IEC, NHBB, GRW, Aisin Seiki Corporation, JTEKT Corporation, Schaeffler AG, Timken, THK, MRC Bearings.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Duplex Bearings Market.”
https://www.maximizemarketresearch.com/market-report/global-duplex-bearings-market/114632/
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