Automotive Bearings Industry: Driving Enhanced Vehicle Performance and Longevity
The global automotive bearing industry was valued at USD 171 billion in 2021 and is expected to grow at a year-on-year rate of 4.94% in 2022, reaching an estimated USD 180 billion. The Automotive Bearing Industry is poised for substantial growth, driven by advancements in automotive technologies and increasing demand for efficient, high-perf