Latin America Bearings (Radial Deep Grove, Angular Contact, Insert, Self Align, Thrust Ball, Miniature) Markets, 2013-2018 & Forecast to 2023
Tuesday, 8 January 2019 Dublin, Jan. 08, 2019 (GLOBE NEWSWIRE) -- The "Latin America Bearings Market (2018 Edition): Opportunities and Forecast (2013-2023)" report has been added to *ResearchAndMarkets.com's* offering.
Latin America Bearings Market (2018 Edition): Opportunities and Forecast (2013-2023) analyses the Ball Bearings and Roller Bearings market for the countries (Brazil, Argentina, Costa Rica, Colombia, Chile, Rest of Latin America). The report assesses the markets for the historical period of 2013-2017 and the forecast period of 2018-2023.
Latin America Bearing 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 the report Latin America Bearings Market (2018 Edition): Opportunities and Forecast (2013-2023), Latin American ball bearings market is projected to display growth represented by a CAGR of over 1.78% 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.
The report has covered and analysed the potential of Latin America Bearing Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation.
*Scope of the Report*
*Country Analysis - Brazil, Argentina, Colombia, Chile, Costa Rica, Rest of Latin America*
*Ball Bearing Market Analysis*
· Market Size, Growth, Forecast
· Analysis By Bearing 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)
· By Distribution Channel (O.E.M, Retail)