"Global bearing market size growth forecast: According to Technavio's news on April 3, from 2024 to 2028, the global bearing market size is expected to increase by 18.79 billion U.S. dollars. The compound annual growth rate during the forecast period is about 4.06%. The Asia-Pacific region's market growth contribution accounts for 39%. The main driving factors include the demand for bearings in industries such as automobiles, aerospace, railways, wind power generation, and national defense."