Latin America Bearings Market (2018 Edition): Opportunities and Forecast (2013-2023)

Date: 8 January 2019

LatinAmerica Bearings Market is likely to witness moderate growth over the forecast period owing to growing transportation industry and other industrial sectors. In addition, transformation in automotive industry and digitalization in process industries will drive the market over the forecast period.

According to Azoth Analytics research report “Latin America Bearings Market (2018 Edition): Opportunities and Forecast (2013-2023)”, the Latin America ball market is projected to display a growth represented by a CAGR of over 1.8% during 2018 – 2023, primarily driven by growing industrialization and transportation facility. Brazil is the biggest market in the current period and expected to lead in forecast period. Market for Ball Bearing in Latin America is driven by installation of number of rotating equipments in manufacturing units related to Automobiles, General industrial equipments, Power, Metals, Mining, Cement, Construction, Pulp/Paper, Defence equipment etc.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Latin America Bearing Market (Ball Bearing, Roller Bearing). The report analyses the Ball Bearing Market By Type (Radial Deep Grove, Angular Contact, Insert bearing, Self-Align Bearing, Thrust Ball, Miniature Bearing), By End-User Industry Application - Process Industries (General Industrial, Energy, Mining, Construction, Metals, Cement, Pulp/Paper, Defense), Transportation (Passenger Vehicles, Heavy trucks & Off-highway, Rail, Civil Aerospace, Others) and By Distribution Channel (O.E.M, Retail Distribution). The report also analyses the Roller Bearings Market By Type (Spherical Roller Bearings, Cylindrical Roller Bearings, Tapered Roller Bearings, Needle Roller Bearings, Thrust Roller Bearings).