The automotive bearing market is subjected to mark a healthy rebound in the coming years to reach an estimated value of US$ 18.31 billion in 2026. The automotive bearing market is highly dependent on the organic growth of automotive production and follows similar strides as automotive production.
In the automotive industry, bearings are used to enable rotational or linear movement while reducing friction and handling stress. Bearings are usually designed to bear axial, radial, or a combination of both loads. The structure of the bearing consists of rolling elements and inner and outer races. This assembly allows one part to bear another in automobiles. When selecting a bearing for a particular application, factors like bearing friction, temperature, and lubrication along with the design and construction of the bearing need consideration.
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Release date: June 15,2023