These are among the few key factors signaling the marine bearings market to take off to a healthy recuperation, growing at a rate of 3.1% during 2021-2026 to reach a value of US$ 5.2 billion in 2026.
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Collective efforts by governments, OEMs, and other sectoral stakeholders towards mitigating both, short- and long-term challenges of COVID-19 and reopening of construction sites along with the gradual resumption of construction activities in some regions ate signaling towards healthy and quick recuperation, helping the market to grow at a CAGR of 4.9% during 2021-2026 to reach the landmark figure of US$ 2.0 Billion in 2026.
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The agricultural bearings market is estimated to grow at a decent CAGR of 2.9% during 2021-2026 to reach the figure of US$ 1.8 Billion in 2026.
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The mining industry emerging from the worst of the economic crisis in excellent financial and operational shape is signaling towards healthy and quick recuperation, helping its bearings market to grow at a CAGR of 4.3% during 2021-2026 to reach a landmark figure of US$ 1.9 Billion in 2026.
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Robust government support across most of the regions, accompanied by joint efforts of OEMs and other sectoral stakeholders towards mitigating both the short- and long-term challenges of COVID-19, is signaling towards healthy and quick recuperation, helping the market to grow at a CAGR of 5.2% during 2021-2026 to reach the figure of US$ 3.7 Billion in 2026.
Read More at https://www.stratviewresearch.....com/1964/machine-too
