Automotive Hub Bearing, Global Market Size Forecast, Top 20 Players Rank and Market Share (Business Opportunities - Home Business)
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Automotive Hub Bearing, Global Market Size Forecast, Top 20 Players Rank and Market Share | |
Automotive Hub Bearing Market Summary Automotive Hub Bearing perform two very important jobs in a vehicle’s suspension. The hub bearing allows the wheels to rotate with minimal function, and they also support the vehicle’s weight. To be able to do both of these jobs, the bearings must be in near perfect condition. The seals must also be leak free to keep the lubricant inside the bearings and contaminants out. In an average sedan that weighs around 3,400 lb, each pair of front Hub Bearing, as well as the rear wheel or axle bearings, each support 850 pounds. This all depends on the front to rear weight distribution of the vehicle. It’s a lot of weight that needs to be supported over tens of thousands of miles. According to the new market research report “Global Automotive Hub Bearing Market Report 2023-2029”, published by QYResearch, the global Automotive Hub Bearing market size is projected to reach USD 9.86 billion by 2029, at a CAGR of 5.9% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Automotive Hub Bearing include NTN, NSK, Schaeffler, SKF, ILJIN, Wanxiang, JTEKT, Shuanglin NTP, TIMKEN, ZheJiang ZhaoFeng, etc. In 2022, the global top 10 players had a share approximately 72.0% in terms of revenue. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com  | |
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2024-04-30 (0.223 sec)