According to a market report by Lucintel, the future of the global agriculture bearing market looks promising with opportunities in the harvester, tractor, tillage & sowing/seeding, and mower markets. The global agriculture bearing market is expected to reach an estimated $10 billion by 2030 from $7 billion in 2024 at a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are growing agricultural activities and rising demand for reliable and technologically advanced agricultural equipment across the globe.
A more
than 150-page report to understand trends, opportunity and forecast in global agriculture bearing market to 2030 by bearing type (ball bearing, roller
bearing, and others), material type (metallic bearings, non-metallic bearings,
and hybrid bearings), application (harvesters, tractors, tillage & sowing/seeding,
mower, and others), and region (North America, Europe, Asia Pacific, and the
Rest of the World).
Lucintel
forecasts that ball bearing segment is expected to witness the highest growth
over the forecast period.
Within
this market, harvestors will remain the largest segment.
Download
sample by clicking on agriculture
bearing market.
APAC is
expected to witness the highest growth over the forecast period.
Ab SKF,
Schaeffler Technologies, NSK, The Timken Company, JTEKT Corporation, NTN
Corporation, C&U, Lyc Bearing Corporation, Trelleborg, Harbin Bearing
Manufacturing are the major suppliers in the agriculture bearing market.
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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
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.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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