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Mounted Bearings Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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The global mounted bearings market is projected to reach a value of $6.7 billion by 2026, with a CAGR of 6.5% during the forecast period. The market is driven by increasing demand for machinery and equipment in various industries, such as automotive, mining, and construction. Key players include SKF, NTN Corporation, and Timken Company.
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Companies Covered
(Covid 19 Impact Covered)
◍ SKF
◍ PT International Corp
◍ Motion Industries
◍ Shuster Corporation
◍ Spyraflo
◍ Rexnord
◍ Hub City
◍ IPTCI Bearings
◍ Triangle Manufacturing
◍ ReliaMark
◍ Quantum Precision Group
◍ Baldor•Dodg
The mounted bearings market is competitive, with key players like SKF, PT International Corp, and Motion Industries leading the way. These companies offer a wide range of mounted bearings solutions to various industries, including manufacturing, agriculture, and automotive. They help grow the market through innovation, quality products, and strong distribution networks.
- SKF generated $9.3 billion in sales revenue in 2020.
- Rexnord reported sales revenue of $1.9 billion in 2020.
- Hub City had sales revenue of $500 million in 2020.
◍ Agricultural machinery
◍ Construction machinery
◍ Transportation machinery
◍ Other
◍ Mounted Ball Bearings
◍ Mounted Tapered Roller Bearings
◍ Mounted Spherical Roller Bearings
◍ Other
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