According to 6Wresearch, Europe bearing market size is projected to grow at a CAGR of 3.4% during 2019–2025. The Automotive OEM’s and aftermarket sales are effected by the destocking in the region and the trend is likely to continue over the coming years as well. However, higher adoption of smart bearings in applications such as wind turbines, aerospace, railway and others in Europe are expected to reduce the replacement market of bearings as these bearings are capable of self-diagnosing upcoming faults and failures.
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“Europe Bearing Market (2019-2025)" report provides an in-depth analysis with 22 figures with 06 tables, covered in 200 pages. The report estimates and forecast the overall Europe bearings market by types, sales channels, applications and Countries including Germany, France, Italy and Rest of Europe. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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