NSK Ltd.

Bearings Market size to increase by USD 13.02 billion during 2022-2027; Strong demand for high-quality bearings to drive the growth - Technavio

Retrieved on: 
Tuesday, January 16, 2024

The report analyses the market size and growth and provides accurate predictions on the growth of the market.

Key Points: 
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Get a glance at the market contribution of the segments, Request a FREE Sample
    The Bearings market encompasses a diverse range, including Ball Bearings, Roller Bearings, Precision Bearings, Automotive Bearings, Industrial Bearings, and Aerospace Bearings.
  • These high-performance components span various types, such as Ceramic Bearings, Steel Bearings, Tapered Bearings, Spherical Bearings, Needle Bearings, and Thrust Bearings.
  • The India - Bearings Market size is estimated to grow at a CAGR of 3.18% between 2022 and 2027.

Global Automotive Steering System Market Analysis 2023-2028 - OEMs Dominate the Sales Channel, Prioritizing Safety and Efficiency - ResearchAndMarkets.com

Retrieved on: 
Monday, December 18, 2023

Consumers are seeking advanced safety, comfort, and innovative steering system technologies in passenger vehicles, driving the demand for these systems.

Key Points: 
  • Consumers are seeking advanced safety, comfort, and innovative steering system technologies in passenger vehicles, driving the demand for these systems.
  • OEMs Dominate Sales: Original Equipment Manufacturers (OEMs) dominate the sales channel, as they prioritize safety and efficiency.
  • Asia Pacific Leads Growth: Asia Pacific is the leading region in the automotive steering system market, with China as its strongest market.
  • The growth of the automotive steering system market is closely tied to the sales and production of automotive vehicles.

Proposed Distribution of Settlement Fund From Settlement with Small Bearings Manufacturer in Direct Purchaser Price Fixing Class Action Lawsuit

Retrieved on: 
Monday, July 17, 2023

; Cera LLP; and Cohen Milstein Sellers & Toll PLLC ("Settlement Class Counsel") announce that the United States District Court for the Eastern District of Michigan Southern Division ("Court") has approved the following announcement concerning a proposed distribution plan for the proceeds of a $9.75 million settlement with the Minebea Defendants ("Minebea Settlement Fund") in a price fixing class action lawsuit relating to small bearings.

Key Points: 
  • ; Cera LLP; and Cohen Milstein Sellers & Toll PLLC ("Settlement Class Counsel") announce that the United States District Court for the Eastern District of Michigan Southern Division ("Court") has approved the following announcement concerning a proposed distribution plan for the proceeds of a $9.75 million settlement with the Minebea Defendants ("Minebea Settlement Fund") in a price fixing class action lawsuit relating to small bearings.
  • The Notice describes in more detail the litigation and options available to Settlement Class members with respect to the proposed plan of distribution of the Minebea Settlement Fund, and Settlement Class Counsel's requests for attorneys' fees, litigation costs and expenses, and a service award to the Class Representative.
  • The Notice and other important documents related to the settlement can be accessed at www.AutoPartsAntitrustLitigation.com/SmallBearings , or by calling 1-888-396-9607 or writing to Small Bearings Direct Purchaser Antitrust Litigation, P.O.
  • Those who believe they may be a member of the Minebea Settlement Class are urged to obtain a copy of the Notice.

Global and China Intelligent Steering Key Components Market Report 2023: 4 Development Trends of Intelligent Steering Across Key Markets - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 6, 2023

The "Intelligent Steering Key Components Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Intelligent Steering Key Components Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Research on intelligent steering key components: four development trends of intelligent steering
    The automotive chassis consists of four major systems: transmission system, steering system, driving system and braking system, covering five major parts: drive, gearshift, brake, suspension and steering.
  • Wherein, the steering system passes through the development process from mechanical steering to hydraulic power steering to electric power steering.
  • Nowadays, as intelligent driving technology advances, intelligent steering, namely, electric power steering as an important part of intelligent chassis, is becoming widespread, and steer-by-wire that develops from electric power steering is also being applied.

Automotive Steering System Market is expected to generate a revenue of USD 44.14 Billion by 2030, Globally, at 4.5% CAGR: Verified Market Research®

Retrieved on: 
Tuesday, January 24, 2023

The steering system of the automobile consists of the steering column, rack & pinion mechanism, universal joints, and hand-operated steering wheel.

Key Points: 
  • The steering system of the automobile consists of the steering column, rack & pinion mechanism, universal joints, and hand-operated steering wheel.
  • The improvement led to the switch from conventional to power assist steering for the steering system.
  • The "Global Automotive Steering System Market" is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
  • The "Global Automotive Steering System Market" study report will provide valuable insight with an emphasis on the global market.

Automotive Steering System Market is expected to generate a revenue of USD 44.14 Billion by 2030, Globally, at 4.5% CAGR: Verified Market Research®

Retrieved on: 
Tuesday, January 24, 2023

The steering system of the automobile consists of the steering column, rack & pinion mechanism, universal joints, and hand-operated steering wheel.

Key Points: 
  • The steering system of the automobile consists of the steering column, rack & pinion mechanism, universal joints, and hand-operated steering wheel.
  • The improvement led to the switch from conventional to power assist steering for the steering system.
  • The "Global Automotive Steering System Market" is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
  • The "Global Automotive Steering System Market" study report will provide valuable insight with an emphasis on the global market.

Nanoprecise Sci Corp Raises USD $10 Million in Series B Investment

Retrieved on: 
Tuesday, January 10, 2023

EDMONTON, AB, Jan. 10, 2023 /PRNewswire/ -- Nanoprecise Sci Corp, an AI-based Condition Monitoring & Prescriptive Maintenance Solution provider raised USD $10 million in series B investment from 4 new investors.

Key Points: 
  • EDMONTON, AB, Jan. 10, 2023 /PRNewswire/ -- Nanoprecise Sci Corp, an AI-based Condition Monitoring & Prescriptive Maintenance Solution provider raised USD $10 million in series B investment from 4 new investors.
  • The round was led by Export Development Canada (EDC), with participation from Honeywell Ventures, NSK Ltd., and EC Mergers & Acquisitions.
  • Nanoprecise drives value realization for manufacturers & operators in a broad set of industries by providing them with meaningful insights through a differentiated approach to machine health monitoring.
  • Moreover, Honeywell Ventures has joined as a board observer, with its strategic investment in the AI-based predictive maintenance solutions provider.

Nanoprecise Sci Corp Raises USD $10 Million in Series B Investment

Retrieved on: 
Tuesday, January 10, 2023

EDMONTON, AB, Jan. 10, 2023 /PRNewswire/ -- Nanoprecise Sci Corp, an AI-based Condition Monitoring & Prescriptive Maintenance Solution provider raised USD $10 million in series B investment from 4 new investors.

Key Points: 
  • EDMONTON, AB, Jan. 10, 2023 /PRNewswire/ -- Nanoprecise Sci Corp, an AI-based Condition Monitoring & Prescriptive Maintenance Solution provider raised USD $10 million in series B investment from 4 new investors.
  • The round was led by Export Development Canada (EDC), with participation from Honeywell Ventures, NSK Ltd., and EC Mergers & Acquisitions.
  • Nanoprecise drives value realization for manufacturers & operators in a broad set of industries by providing them with meaningful insights through a differentiated approach to machine health monitoring.
  • Moreover, Honeywell Ventures has joined as a board observer, with its strategic investment in the AI-based predictive maintenance solutions provider.

Global Electric Vehicle Bearings Market Report 2022: Propulsion, Application, Vehicle, Sales Channel, Product, Material, Regional Analysis and Forecast, 2021-2031 - ResearchAndMarkets.com

Retrieved on: 
Monday, December 19, 2022

The "Electric Vehicle Bearings Market - A Global and Regional Analysis: Focus on Propulsion, Application, Vehicle, Sales Channel, Product, Material, and Region - Analysis and Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Electric Vehicle Bearings Market - A Global and Regional Analysis: Focus on Propulsion, Application, Vehicle, Sales Channel, Product, Material, and Region - Analysis and Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.
  • The growth in the global electric vehicle bearings market is expected to be driven by rising demand for electric vehicles and demand for high-speed electric vehicle bearings.
  • The growth of the global electric vehicle bearings market is majorly attributed to the growing inclination toward vehicle weight reduction.
  • Growing investment in research and development activities by various manufacturers of electric vehicle bearings is expected to propel the market.

Global Electric Vehicle Bearings Market Analysis Report 2022-2031: Market to Grow by $38 Billion - Increasing Demand form High-Speed Electric Vehicle Bearings

Retrieved on: 
Wednesday, December 21, 2022

The global electric vehicle bearings market is projected to reach $41,127.0 million by 2031 from $2,261.5 million in 2021, growing at a CAGR of 34.1% during the forecast period 2022-2031

Key Points: 
  • The global electric vehicle bearings market is projected to reach $41,127.0 million by 2031 from $2,261.5 million in 2021, growing at a CAGR of 34.1% during the forecast period 2022-2031
    The growth in the global electric vehicle bearings market is expected to be driven by rising demand for electric vehicles and demand for high-speed electric vehicle bearings.
  • Also, the rising focus on vehicle weight reduction is helping the electric vehicle bearings market grow considerably.
  • The growth of the global electric vehicle bearings market is majorly attributed to the growing inclination toward vehicle weight reduction.
  • Growing investment in research and development activities by various manufacturers of electric vehicle bearings is expected to propel the market.