According to the recent study the electric vehicle bearing market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 4% to 6% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for electric vehicles, growing preference for high-speed electric vehicle bearings, and increasing adoption of ligh weight vehicles.
Browse XX figures /
charts and XX tables in this 150-page report to understand trends,
opportunities and forecast in electric vehicle bearing market by propulsion
(battery electric vehicle, hybrid electric vehicle, and plug-in hybrid electric
vehicle), application (gearbox/transmission, motor, e-axle, wheel, and others),
vehicle (passenger vehicle and commercial vehicle), sales channel (OEM and
aftermarket), product (roller bearing, ball bearing, and composite bearing),
material (steel, ceramic, polymer, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking
on below link
https://www.lucintel.com/electric-vehicle-bearing-market.aspx
“Battery electric vehicle market is
expected to remain the largest segment during the forecast period.”
Based on propulsion, the
electric vehicle bearing market is segmented into battery electric vehicle,
hybrid electric vehicle, and plug-in hybrid electric vehicle. Lucintel
forecasts that the battery electric vehicle market is expected to remain the
largest segment due to the growing support of various government agencies by
enforcing quota systems and rising strict rules for fuel economy.
“Within the electric vehicle bearing market, the passenger segment
is expected to remain the largest vehicle type.”
Based on vehicle type
the passenger segment is expected to witness the highest growth over the
forecast period due to the growing adoption of electric variant in passenger
vehicles and rising passenger vehicle production and sales are influencing
demand for electric vehicle bearings.
“Asia pacific will dominate the electric vehicle bearing market in
near future.”
APAC will remain the
largest region due to the rising electrification demand, changing prices of the
raw material and continuous technological development by producers in the
region.
Download Brochure of this report by clicking on https://www.lucintel.com/electric-vehicle-bearing-market.aspx.
Major players of
electric vehicle bearing market are adopting various growth strategies like new
product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. NSK, AB
SKF, NTN Corporation, JTEKT Corporation, The Timken Company, Schaeffler
Technologies AG & Co. KG, and NBC Bearings are among the major electric
vehicle bearing providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/electric-vehicle-bearing-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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