Market Research Report
Global Composite Bearings Market Insights, Forecast to 2025
|Published by||QYResearch||Product code||884643|
|Published||Content info||114 Pages
Delivery time: 2-3 business days
|Global Composite Bearings Market Insights, Forecast to 2025|
|Published: July 8, 2019||Content info: 114 Pages||
The composite bearings, by product type, is further segmented into metal matrix and fiber matrix. The metal matrix based composite bearings comprise a major market share owing to their high strength, operational stability in harsh environments and moderate cost. Due to these properties, metal matrix based composite bearings are used in applications including construction & mining, agriculture and automotive, and others.
The major applications in the composite bearings market include construction & mining, automotive, agriculture, aerospace, marine, and others. The agriculture application is the fastest growing application in the composite bearings market. Composite bearings offer various features including being light in weight, dimensional stability and resistance against corrosion, and operational stability at high temperatures in comparison to traditional materials such as single metal bearings, due to which, the usage of composite bearings in the marine, construction & mining and aerospace industries is growing at a high rate.
The Composite Bearings market was valued at 5050 Million US$ in 2018 and is projected to reach 8800 Million US$ by 2025, at a CAGR of 7.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Composite Bearings.
This report presents the worldwide Composite Bearings market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Composite Bearings Breakdown Data by Type
Composite Bearings Breakdown Data by Application
Composite Bearings Production by Region
Composite Bearings Consumption by Region
The study objectives are:
In this study, the years considered to estimate the market size of Composite Bearings :
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Composite Bearings market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.