Bearing Demand in The World
Bearing demand in the bearing housing design World(including plain bearings) is projected to expand 3.0 percent per year through 2013 to $10.6 billion. The primary factors supporting advances will be a rebound in motor vehicle production levels and continued, albeit moderating, growth in aerospace equipment and machinery shipments. In addition, as the wind energy market continues to grow, suppliers will benefit from sales of high-value, large diameter wind turbine bearings.