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Bearing market in China is one of the fastest growing markets in the world. This market demand is expected to reach US$12.3bn in 2008 and is likely to grow by 13.8% annually for the coming few years. This growth is expected to be largely driven by the rapid growth in production of durable goods such [...]
According to a recent report published by Datamonitor, the global aerospace and defense market grew by 5.4% in 2007 to reach a value of $636.8 billion. In 2012, the global aerospace and defense market is forecast to have a value of $716.4 billion, an increase of 12.5% since 2007. The defense segment of the global [...]
