Lucintel Forecasts The Global Agriculture Bearing Market To Reach $10 Billion By 2030

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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.
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... 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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