Deep Groove Ball Bearings Market Competitive Industry Scenario till 2030
The deep groove ball bearings market is expected to experience a strong revenue CAGR of 4.6% between 2022 and 2030, with a significant rise in demand from the automotive industry being a driving factor. The use of bearings in the wheels, motors, and transmissions of electric vehicles has also led to an increase in demand. However, high costs, the need for frequent maintenance, and the presence...