Ball Bearing Market Size 2022-2028
January 12, 2023 ⚊ 1 Min read ⚊ Views 63 ⚊ BUSINESS
The global ball bearing market was valued USD 19.3 Bn in 2021 and is poised to grow with a CAGR of 2.4% over 2022-2028. The ball bearing is a type of rolling-element bearing that uses balls to keep the bearing races separated. These races are commonly employed to reduce friction and surface contact between moving planes. For moving machine parts, ball bearings typically fulfil three functions: they carry loads, reduce friction, and provide positioning. Ball bearings’ primary function is to support radial and axial loads. Because of their size, they have a reduced load capacity.
Tags: Ball Bearing Market
