Engine Bearings Market Size, Global Opportunities, Share, Growth, Industry Trends to 2027

Fortunebusiness05 Jan, 2021News

Engine Bearings Market size is expected to showcase an exponential growth by reaching USD 5.28 billion by 2027. This is ascribable to the increasing sales of automotive leading to the massive production rate of vehicles by the manufacturers across the globe. Fortune Business Insights, in its latest report, titled, “Engine Bearings Market Size, Share & COVID-19 Impact Analysis, By Product Type (Main Bearing, Connecting Rod Shell, Flange Bearing, Small End, and Camshaft Bush), By Market Type (OEM and Aftermarket), By Vehicle Type (Passenger Cars and Light Commercial Vehicles, Heavy Commercial Vehicle) and Regional Forecasts, 2020-2027,” observes that the market was worth USD 5.35 billion in 2019 and is projected to exhibit a CAGR of 12.6% between 2020 and 2027.