Pharmaceutical Robot Market Growth, Demand and Supply Analysis 2020 to 2026

 The global pharmaceutical robots market size is anticipated to reach USD 6,894.1 million by 2026 according to a new report published by Polaris Market Research. The report “Pharmaceutical Robots Market Share, Size, Trends, Industry Analysis Report By Product Type (Traditional Robot (Articulated Robot, SCARA Robot, Delta/Parallel Robot, Cartesian Robot, Dual-Arm Robot), Collaborative Robot); By Application (Picking and Packaging, Laboratory Applications, Inspection of Pharmaceutical Drugs); By End Use (Biopharmaceutical Companies, Research Laboratories); By Regions, Segments & Forecast, 2019 – 2026” provides a complete analysis of present market trends and future insights.

 

The pharmaceutical robots market is expected to grow at a phenomenal rate owing to an expanding pharmaceutical industry and increasing benefits of automation. Advancements in technological sphere and reduction in production overheads because of automation has witnessed growth at a fast pace.

 

Machines are utilized in various modes including drug discovery and medical device manufacturing. Robots are lending themselves for even more scientific research which is upcoming trend nowadays. Laboratory automation is the driving segment in this industry.  Pharmaceutical robots aid in picking, placing and packaging kits and assays from one point to another. The Robots carry this responsibility owing to which scientists can focus on more important tasks. Use of robots reduces labour drastically that directly reduces the burden on production estimates.

 

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Robots are categorized into traditional and collaborative robots.  Traditional ones seek maximum revenue and are driving growth in the field of automation. But collaborative is expected to reach maximum growth in forecast period due to less maintenance requirements as compared to traditional. The traditional are further segmented into articulated, SCARA (selective compliance articulated robot arm), delta/parallel, cartesian, and others (spherical and dual-arm).

 

The key players operating in the industry include Fannuca America Corporation, Kawasaki Heavy Industries Ltd., Denso Wave Inc., ABB Ltd., Yasakava Electric Corporation, Universal Robots A/S, Seiko Epson Corporation, Marchesini Group S.P.A, Kuka AG and Mitsubishi Electric Corporation.    

 

Polaris Market research has segmented the Pharmaceutical Robots market on the basis of product type, application, end-use and region.       

·         Product Type outlook (Revenue USD Millions, 2015 – 2026)

o    Traditional

o    Articulated

o    SCARA

o    Delta/Parallel

o    Cartesian

o    Dual Arm

o    Collaborative

·         Application Outlook (Revenue USD Millions, 2015 -2026)

o    Picking and Packaging

o    Laboratory Applications

o    Inspection of pharmaceutical drugs

·         End-Use Outlook (Revenue USD Millions, 2015 -2026)

o    Biopharmaceutical Companies

o    Research laboratories

·         Regional Outlook (Revenue USD Millions, 2015 -2026)

o    North America (U.S., Canada)

o    Europe (Germany, UK, France)

o    Asia Pacific (China, India, Japan)

o    Latin America (Brazil, Mexico)

o    MEA

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Urgent Care Apps Market Size Reflect Significant Growth Prospects

 The global Urgent Care Apps market size is predicted to reach USD 9.81 billion by 2027 according to a new study by Polaris Market Research Urgent Care Apps also known as ‘immediate care’ apps are designed to provide the instant virtual care to the patients and offer help to the healthcare providers in context with the serious medical conditions. The urgent care apps can be accessed 24/7 and helps to deliver the immediate course of action at emergency period. The urgent care apps also help to reduce the healthcare cost and provides virtual quality care like ER (Emergency Rooms).

Recent developments in global market include the new app launches such as CURE ID, telehealth, virtual care apps, etc. The increasing awareness of addressing the emergency situations virtually leads to market growth.

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The prominent factors favoring the global market growth include increasing initiatives taken by the government and the legal authorities to address the diseases of the patients in the healthcare industry. For instance, in December 2019, the U.S. Food and drug Administration launched of an internet-based application i.e., CURE ID for healthcare professionals to treat patients with infectious diseases with novel uses of existing medicines through a smartphone, mobile device, and a website.

 

The rising initiatives in the healthcare sector to provide an extensive care to the individuals leads to foster the growth of the global market. For instance, in March 2020, a healthcare startup for senior citizens, Arvi announced to launch an emergency app i.e., SOS which provides the function to press a button on the mobile app in case of emergency to receive medical support from the company.

 

Market participants such as Medisafe, Forward Health, Allm, Johnson & Johnson, Pulsara, Hospify, TigerConnect, Vocera Communications, Twiage, PatientSafe Solutions, Imprivata, Voalte, Alayacare, Siilo, Pivot Design Group, and Argusoft are some of the key players operating in the global market.

 

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Players in the market are focusing on new launches of the app, increasing expansions, collaborations and partnerships to enhance their market and revenue share. For instance, in March 2020, the company Apple in collaboration with the CDC, the White House, and the (FEMA) Federal Emergency Management Agency has announced to launch an application and a website that helps an individual to do self-screening test for the COVID-19. The collaborations of the leading companies and the regulatory authorities formed to innovate an application based on the virtual screening of the coronavirus pandemic and care for the patients to lead them the healthier lives.

 

Polaris Market Research has segmented the Urgent Care Apps market report on the basis of type, clinical area, and region

 

Urgent Care Apps Market By Type (Revenue – USD Million, 2016 – 2027)

·         In-hospital Communication & Collaboration Apps

·         Pre-hospital Emergency Care & Triaging Apps

·         Post-hospital Apps

·         Rehabilitation Apps

·         Care Provider Communication & Collaboration Apps

·         Medication Management Apps

Urgent Care Apps Market By Clinical Area (Revenue – USD Million, 2016 – 2027)

·         Stroke

·         Cardiac Conditions

·         Trauma

·         Other Clinical Areas

 

Textile Chemical Market to Receive Overwhelming Hike in Revenues by 2026

 The global textile chemicals market is anticipated to reach USD 25.73 billion by 2026 according to a new study published by Polaris Market Research

 

Textile chemicals are one of the major segments of the global chemical manufacturing industry. The growth of the textile manufacturing industry has been the major factor driving demand for these products. Relatively low capital intensity, use of low skilled labor and lower investment cost characteristics depicts the industry’s relatively footloose nature and hence can adjust to the changing conditions of the market. Several trade policy regulatory norms and their nature of volatility in different geographies have played a significant role as this segment of the chemicals are bound to satisfy even the textile manufacturing legislations.

 

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Demand of these chemicals across different geographies is influenced by the rising emphasis of product quality all throughout the world-wide textile industry and also the increasing demand for durable and comfortable apparels. Moreover, increasing production of technical/industrial and automobile textiles is expected to further add to the demand of these products. Natural fibers of cheap are among the leading segments generating higher consumption figures for these products. However, cheaper fibers with manmade better performance alternatives use in several industrial might be a restraint for direct and vat dyes, reactive as well as preparation and sizing chemicals that are generally used in the processing of these natural fibers.

  

The nonetheless naturally derived fibers are projected to constitute a larger share of the application segment. This will provide higher market penetration opportunities mainly for the high value non-chlorine bleaching agents including hydrogen peroxide and also for other product segments like finishing chemicals. As natural fibers are expected to be the largest market for these textile chemical components, strong demand for products designed for offering improved performance and comfort of cellulosic and synthetic manufactured fibers.

 

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Asia Pacific region is expected to emerge as the largest market worldwide. Along with increasing penetration of these products, consumption of these products is increasing, owing to the increasing textile manufacturing base especially in China and India. The primary export markets of the region include Brazil, Western & Eastern Europe and the Middle East. The Asia Pacific market is also projected to grow at a faster rate compared to other regions.

 

Some of the leading industry participants actively operating in the present industry scenario include Archroma, The DyStar Group, The Lubrizol Corporation, Lonsen Inc., The Dow Chemical Company, Kiri Industries Limited, Solvay SA, OMNOVA Solutions Inc., Covestro AG and Pulcra Chemicals GmbH.

 

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Computer Aided Engineering Market Potential Growth, Share and Demand-Analysis of Top Key Players

 According to a new study published by Polaris Market, the global Computer Aided Engineering Market is anticipated to reach USD 11.86 billion by 2026. The increasing penetration of smartphones and tablets are the major factors driving the demand for CAE software. The developing economies worldwide are witnessing high increase in the demand for consumer electronics owing to rising affordability of the people. Further, augmented use of modern engineering modes including, 3D printing, building information modeling, concurrent engineering, and 3D modelling are bolstering the computer aided engineering market growth for CAE software worldwide. However, factors such as piracy of CAE software as well as rising open-source threat are hampering the market growth to certain extent. Also, inadequate technical expertise and lack of skilled labor in several countries globally is restricting the growth of the computer aided engineering market.

 

Some of the key players operating in the computer aided engineering market includes Casio Computer Co., Ltd., BenQ Corporation, Dell Technologies, Inc., Seiko Epson Corp., NEC Display Solutions, PLM Software, Inc., Dassault Systemes, Exa Corporation, ESI Group, and Numeca International among others.

 

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On the other hand, cloud-based CAE tools helps the vendors to escalate market penetration in small as well as medium sectors by providing advantages such as reduced maintenance costs and operating costs as well as mobility of the companies. Further, CAE software plays a significant role in the economic growth of several industries including aerospace & defense, automotive, finance, oil & gas, and healthcare among others.

  

During the past few years, a trend has been noticed in the CAE software marketplace. The players operating in the computer aided engineering market are entering into partnerships as well as mergers & acquisitions between the CAE providers and resellers. This has resulted in increased presence of value-added resellers in large number, which is further acting as a driver to boost computer aided engineering market growth. CAE software offers broad application range as well as supports various tasks including, analysis, simulation, validation, and manufacturing of engineering products. Although, CAE software is an analysis and troubleshooting tool, several critics claims that there is a delay in the accurate results, which acts as a hindrance to the market growth. Also, due to availability of open-source solutions, companies often avoid to make investments in attaining commercial licenses of CAE solutions thus, further restraining the CAE software market growth. Moreover, increasing computational fluid dynamics adoption that facilitates in reducing electric vehicles costs as well as forecast of thermal conditions, is anticipated to propel the growth of the computer aided engineering market during the coming years.

 

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On the basis of geography, Europe is anticipated to account for the major share of the computer aided engineering market in terms of revenues, followed by North America. Also, Asia Pacific computer aided engineering market is expected to demonstrate high growth during the forecast period. The presence of strong automotive industry in Europe and consumer electronic industry in developing nations of Asia Pacific are the factors influencing market growth for computer aided engineering. Further, governments of the developing nations of Asia Pacific region are encouraging the growth of their manufacturing sector by providing funds, subsidies, and tax benefits in order to boost their economic growth. This is anticipated to support the market growth owing to constant increase in the manufacturing sector. Some of such initiatives include Make in India as well as Made in China 2025. Also, automation of industrial equipment is rising at a very high pace, which is likely to bolster the computer aided engineering market growth. Moreover, constant increase in the labor costs worldwide is encouraging the adoption of equipment automation by the manufacturing industries thereby, positively influencing the market growth.

 

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Body Armor Market to Receive Overwhelming Hike in Revenues by 2026

 The global body armor market size is expected to reach USD 2,510.2 million by 2026 according to a new study by Polaris Market Research. The report “Body Armor Market Share, Size, Trends, Industry Analysis Report By Level, By Material (Metals & Alloys, Composite, Fibers, Fiberglass and Others); By Application (Defense & Security Personnel, Law Enforcement Officers, Civilians); By Product, By Style; By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The moving concern displayed by defense and security industry towards safety and security of military personnel is propelling the need for body armor. Several developed and developing nations are conducting modernization program in the best interests of security and military personnel. This is to offer best protection products. Developed nations such as U.S., UK, Russia and France are taking rapid strides to replace their traditional armor system with new advanced body armor. A recent move towards lightweight and flexible armor with nanotechnology materials and fibers in use has been initiated and will positively favor market in near future. Lately, precision technologies such as liquid body armor and dragon skin are contributing value to the market.

 

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The key players in the market include BAE Systems, Inc., Honeywell International, Inc., U.S. Armor Corporation, DuPont Deenside LTD., Blank Enterprises, Inc., Sarkar Defense Solutions, MKU Pvt. Ltd., Safariland LLC, Uvex Group, Avon Protections Systems, Inc. Aegis Engineering Ltd., AR500 Armor, Ballistic Body Armour (Pty) Ltd, Craig International Ballistics Pty Ltd., Hellweg International, Kejo Limited Company, Pacific Safety Products and Ceredyne (3M) among others.

 

 

However cross-border tensions, global anarchy, regional warfare and a stimulus package by way of government thought for safety of armed forces personnel drives growth for body armor market. The body armors are devised in a manner that shunts piercing attacks and are categorized on their ability to deflect bullets. Earlier body armors were only licensed to soldiers but now due to escalating war-like tensions in the border areas, it is used by security guards, police and individuals to feel safe.

 

Rising incidents of clashes and frictions observed in Asia, Middle East, Sub Saharan region, Russia and other nations related to terrorism, piracy, arms smuggling, drugs and exploitation are taking a toll on human lives. Security and defense personnel are targeted and hence safety measures are deployed to prevent such crimes. These trends are anticipated to bolster market growth during forecast period.

 

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North America and Europe seize more than half of overall body armor market. This is due to the continuing solder modernization programs conducted across these regions. Safety of soldiers is high on the agenda for the country’s defense agency without cutting any corners in the program execution. Law enforcement officials have to constantly upgrade themselves due to rising instances of arson and riots across several countries. The threat of terrorism has led to the increased implementation of body armors. The region is expected to continue its dominance over the forecast period. The markets in Asia Pacific, MEA and South American region are expected to observe high growth during coming years. The increasing growth in Asia Pacific is attributed to the increased Government expenditure in new-age technology adoption in defense. Thus, the region is expected to do highly with excellent CAGR during forecast period.

 

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Technical Textiles Market to Receive Overwhelming Hike in Revenues by 2026

 The global technical textiles market is anticipated to reach USD 14.93 billion by 2026 according to a new study published by Polaris Market Research

 

The primary driving factors for the global market includes the increasing consumer profiles along with income levels, rising end user sectors such as automobiles, sports, healthcare etc. The overall industrial and infrastructure development in the emerging and developed nations are yet other potential reasons for the market growth. Moreover, the initiatives from several governments and other regulatory bodies in attracting substantial investments in development of novel technical textile product are also anticipated to drive the industry growth. These products represent mainly a next generation of smart textiles with potential use in various fashion products, technical textiles and furnishing applications. The basic notion of these smart textiles consists of the textile structures that senses and also reacts to various stimuli from the environment. The market expansion of these products is owing to the new textile fiber types and its structure, miniaturization of the electronics and also wireless & wearable technologies.

 

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The technical textiles include around 51 potential products for high growth that accounted for over 25% of industry size in 2017. A few of these include mulch mats, shade nets, anti-hail, crop covers, anti-bird nets, incontinence diaper, baby diapers, sanitary napkins, surgical disposables, artificial heart valves, bullet proof jackets, disposable bed sheets, nuclear protective clothing, chemical protective clothing, industrial clothing etc. These products represent multi-disciplinary segments with several application sectors. Advancements in functionality of technical fibers and yarns including low elongation at break high tenacity, low thermal shrinkage, high modulus, high resistance to corrosion, higher thermal stability etc. which were the outcome of significant investments in R&D by industry participants have been helpful in increasing its applications in numerous industries.

 

 

Some of the leading industry participants currently operating in the industry include DuPont De Nemours & Co., Royal Ten Cate, Johns Manville, Ahlstrom Corporation, GSE Environmental Inc., Proctor and Gamble, Freudenberg & Co., Hindustan Technical Fabrics Limited, Huesker Synthetic GmbH and 3M.

 

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North America was the leading regional market in 2017. Along with increasing penetration of these products, consumption of technical textiles is increasing, and several nations cater to their demand by mainly importing these smart textiles from the U.S. The primary export markets of the U.S. include India, Vietnam, Brazil and Taiwan. Taiwan and Korea have emerged as a potentially powerful competitor to the US. The Asia Pacific market is projected to grow at a faster rate compared to other regions.

Linseed Oil Market Potential Growth, Share and Demand-Analysis of Top Key Players

The report “Linseed Oil Market Share, Size, Trends, Industry Analysis Report By Application Type (Processed Food, Paints & Varnishes, Cosmetics, Flooring, Pharmaceuticals and Others); By Regions, Segments & Forecast, 2019 – 2026” provides a complete analysis of present market trends and future insights.

The global linseed oil market is anticipated to reach 1,141.8 million by 2026 according to a new study published by Polaris Market Research.

A rising application for linseed oil in numerous industries including food, cosmetics, and pharmaceuticals as the striking industries, are expected to drive market demand. The product is growing at an average rate as compared to other edible oils in the market. Demand of a range of end-use products such as paints and coatings, varnishes, organic packaging, pharmaceuticals, flooring etc. has been increasing steadily.

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Organic Linseed oil that is unrefined and cold pressed is widely made available in the present market setup owing to its positive role in human nutrition. Thus, demand for organic food products has grown inimitably. The products of the food grade are significantly rich in fatty acids. Alpha linoleic acid present in the product is a type of fatty 3 acids that are beneficial for a healthy heart.

 

The presence of lignans in linseed oil gives it the much sought-after antioxidant properties that allay fears of the deadly disease like cancer. The product also behaves as a natural laxative by alleviating inflammation and body pain in severe situations. Some of the other categories of fatty acids present in the product and transmitting its properties include oleic acid which assists in bringing down cholesterol levels, linoleic acid that has anti-inflammatory properties.

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Raw product pierces the paint surface much better than synthetic ones which normally form a paint film. This characteristic tends for the product to increase its life span. The product’s paint has a unique characteristic of preserving the wood without peeling or flaking. The product also contains natural color forming pigments. Zinc Oxide, Iron Oxide, Cobalt and titanium oxide are normally stable to light and air and are one with the color forming pigments and work best with linseed oil. Hence with so many properties going for the product, it makes linseed oil one of the prime raw materials for the paint industry.

 

Asia Pacific region has been the biggest player in product’s industry with region’s growing food processing industry, paints and coatings, pharmaceuticals industry giving region a successful run. China, India, Malaysia, Japan, Indonesia are both largest consumers and biggest producers globally.

 

Europe and the U.S. have been leading players in linseed oil market but of late, with Asia Pacific in the fray, the global landscape is now dotted with many more major players. Asia Pacific now touted as a major industrial hub; the region has sprouted many manufacturers who have   turned into significant exporters of the product.

 

The key industrial players in market include Barlean’s, Bioriginal Food and Science Corp, Natural Factors, Inc., Natrol LLC, Archer Daniels Midland (ADM) Company, Cargill, Krishi Oils Limited (KOL), Henry LaMotte Oils GmbH, Gustav Heess GmbH and granoVita.

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Smart Tv Market Latest Trend, Growth by Size, Application & Forecast

The Global Smart TV Market Size Worth USD 341.6 Billion By 2026 according to a new market research report by Polaris market research. In 2017, the Full HD Smart TV segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

Polaris Market Research presents a most up-to-date research on “Smart TV Market [By Resolution Type (4K UHD TV, HDTV, Full HD TV, 8K TV); By Screen Size (28 to 40 Inches, 41 to 59 Inches, and Above 60 Inches); By Distribution Channel (Direct, Indirect); By Region]: Market Size & Forecast, 2017 – 2026”

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The increasing adoption of 4K televisions, and growing penetration of high-speed internet have boosted the adoption of smart TVs. Increasing disposable incomes, and growth in media & entertainment industry further support the growth of this market. Increasing penetration of televisions, growing demand for superior video and audio television content, and rising consumption of online content boost the adoption of smart TVs. Increasing investments by vendors in technological advancements coupled with increasing demand from emerging economies further boost the market growth.

The growing disposable income has encouraged consumers to buy technologically advanced television sets that are in perfect amalgamation with their increasing living standards. Moreover, consumers are opting for high quality video and audio services along with the ability to connect to the internet. Thus, lofty living standards and increasing consumption of online content, would contribute to the growth of the smart TV market, thereby positively affecting the market growth.

Asia-Pacific generated the highest revenue in the market in 2017 and is expected to lead the global market throughout the forecast period. The increasing disposable incomes in developing countries of this region, and growing media and entertainment industry drive the market growth in the region. There has been a significant increase in the shipment of smart TVs in the region. The growing demand for high quality audio and video services, along with the need to connect to the internet has encouraged consumers to invest in smart TVs. Local players are introducing low cost Smart TVs with advanced technologies to cater to the growing demand of consumers. Numerous key players have adopted partnership and expansion strategies to increase their market share in Smart TV markets of the Asia-Pacific region.

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The different ranges of screen sizes covered in the report include 28 to 40 Inches, 41 to 59 Inches, and above 60 Inches. In 2017, the 41 to 59 inches segment accounted for the highest market share. Smart TVs with screen sizes in the range of 41 to 59 inches are gaining traction worldwide owing to improved capability to offer superior video and audio quality along with additional features. Introduction of low cost smart TVs by the market players have boosted the growth of this market segment.

The well-known companies profiled in the report include LG Electronics, Inc., Koninklijke Philips N.V., Sony Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, Hitachi Ltd., Toshiba Corporation, Haier Electronics Group Co., Ltd., Panasonic Corporation, Videocon Industries Limited, and Skyworth Digital Holdings Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. 

Bearings Market Latest Trend, Growth by Size, Application & Forecast

 The worldwide Bearings market is anticipated to reach around $193 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the ball bearings segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market in 2017.

 

There has been an increasing adoption of bearings across the world owing to the growing manufacturing industry. Also, the growing applications of bearings in heavy machinery, and increasing automation of manufacturing processes boost the adoption of the bearings market during the forecast period. Factors such as growth in the global manufacturing industry, increasing applications in diverse industries, and increasing use in automobile production stimulate the growth of the global bearings market. Other factors driving the growth of this market include growth in the global automotive industry, rising demand from the renewable energy sector, and increasing demand for light-weight bearings for various applications. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.

 

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Asia-Pacific generated the highest revenue in the market in 2017. The increasing automation, use of heavy machinery in the manufacturing sector, and the established automotive industry drive the growth of bearing market in this region. The rising demand of motor vehicles from countries such as China, Japan, India, and South Korea, along with increasing requirement of light-weight bearing in automobiles boosts the adoption of bearings in the region. Increasing investments and technological advancements are expected to boost the adoption of bearings in the region during the forecast period. Increasing need to improve efficiency and productivity along with increased industrialization and automation further supplements the bearings market growth. The increasing applications of bearings in the renewable energy sector of Asia-Pacific are expected to accelerate the market growth during the forecast period.

 

The companies operating in bearings market include Schaeffler Group, Harbin Bearing Manufacturing Co., Ltd., NSK Global, The Timken Company, Rexnord Corporation, JTEKT Corporation, Brammer PLC, Federal Moghul Holding Corporation, NTN Corporation, and NKE AUSTRIA GmbH. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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