News Growth of the market of rolling bearings
Analysts from Technavio has prepared a forecast of development of rolling bearings market in the next five years, that is why it can be assumed that the production of such products will increase by more than 4%.
Renewal of Air Vessels Park of commercial use and it is not just that. The fact that the demand for commercial planes is constantly increasing and they are becoming bigger, technically better and more affordable. Largely because of this, and there will be an increase in demand for rolling bearings, which will cause producers to increase their production.
In proof of all above: last year the world huge aircraft Airbus increased its production by 8%, which is not surprising, cause in few years it is planned mass renewal of old aircraft. In addition, Boeing, that had recently declared the release of model 777Х, has launched a factory specializing in the production of wings for the new airliner, a new flagship, perhaps.
A huge number of manufacturers and suppliers operating both in state and international format. It is worth noting that multinational companies are slowly but more steadily replace their regional colleagues, due to more modest possibilities for the latter. Innovative products, as well as the merger of several companies into one are just some of the causes of increased competition in this market. Among all the suppliers of such products, and according to analysts from Technavio, the most credible are: