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Nov 27, 2020 (The Expresswire) —
Engine Bearings Market size is expected to showcase an exponential growth by reachingUSD 5.28 billion by 2027. This is ascribable to the increasing sales of automotive leading to the massive production rate of vehicles by the manufacturers across the globe. Fortune Business Insights, in its latest report, titled,“Engine Bearings Market Size, Share and COVID-19 Impact Analysis, By Product Type (Main Bearing, Connecting Rod Shell, Flange Bearing, Small End, and Camshaft Bush), By Market Type (OEM and Aftermarket), By Vehicle Type (Passenger Cars and Light Commercial Vehicles, Heavy Commercial Vehicle) and Regional Forecasts, 2020-2027,”observes that the market was worthUSD 5.35 billion in 2019and is projected to exhibit aCAGR of 12.6%between 2020 and 2027.
The COVID-19 pandemic has put a tremendous strain on the healthcare sector