The global automotive needle roller bearing market is valued at $1.9 billion in 2022. Further, the market is forecast to increase at a 4.4% growth rate (CAGR) over the forecast period from 2023 to 2030. Strong demand across small and medium-size vehicle segments, premium brands across the world will drive automotive bearing mechanisms. Increasing launch of high-tech, advanced safety, emphasis on lightweight materials in electric vehicles, and surge in semi-autonomous vehicle sales will positively affect the global bearings market.
Key Automotive Needle Roller Bearing Market Dynamics
• Potential advantages of needle roller bearings drive the market outlook
• Development of Low-Noise Thrust Needle Roller Bearings presents strong growth opportunities
• Growth of electric vehicles supports the market growth prospects
• Regulations corresponding to automotive noise and vibration drive the sales volume
• Wide applications in automotive industry for needle roller bearings encourage several new entrants to foray into the industry
• Rising instances of counterfeiting pose challenges to growth
• Complications regarding replacement of automotive needle roller bearings act as market deterrents
Introduction to Needle roller bearing Market
Needle roller bearings have cylindrical rollers that are small in diameter. They have a high load-carrying capacity and are suitable for bearing arrangements where radial space is limited. Amidst increasing household incomes across developing countries, rapid urbanization trends, increasing commercial and construction activities is encouraging the demand for passenger cars and commercial vehicles across Asia Pacific, and Latin American markets, which supports the demand for automotive bearings.
Needle roller bearings will continue to play a key role in the future of automotive manufacturing. With the advent of electric vehicles across markets, the importance of reliable needle roller bearings for electrified transmission applications remains vital. In addition to compact design, they present significant advantages such as load carrying capacity, cheaper than alternative bearing types, and others. Further, technological advancements both in terms of performance and the variety of available types support their wider adoption across vehicle types and enabling new growth opportunities for electric vehicles.
Large scale production of passenger cars from developing countries like China, India, South East Asia, Brazil, and other markets- these regions have become leading destinations for OEM and automotive suppliers. A large number of multi-national automakers are expanding their operation bases across these markets. As a majority of these markets are price-sensitive, companies are focusing on introducing innovative features at relatively lower costs and mass scale supplies. On the other hand, the premium car segment is also rapidly growing in the Asia Pacific, which will provide the market potential for component suppliers in the segment, predominantly in the SUV segment.
Market Trends- Development of Low-Noise Thrust Needle Roller Bearings
As low noise is one of the major USPs for electric and hybrid vehicles, the demand for low-noise thrust needle roller bearings remains robust in the industry. Robust market demand small, high-performance, and affordable automobiles is increasingly observed in developing countries, predominantly in Asia Pacific, Latin America, Eastern Europe and other regions.
The modern powertrains in electric vehicles deploy different types of bearings such as deep groove ball bearings, needle roller bearings, and special ceramic rolling element bearings. These bearings are vital for overall performance enhancement of the rotating parts by carrying the load and facilitating transfer of torque.
With new factors such as lower weight, constrained space, ability to operate in higher temperatures, speeds, avoiding lubrication, longer service intervals, and others in electric vehicles and auto transmission models, the role of needle roller bearing is moving from shaft support component to system solution to achieve multiple performance parameters.
The selection depends on efficiency of primary functions such as supporting the load and reducing the friction, and also integrated functions like signal transmitting device on the motor, rotor positioning sensing bearings, etc
Market Drivers- Potential advantages of needle roller bearings
Potential advantages of needle roller bearings in ensuring smooth operations of internal components in automotive vehicles with the least amount of friction supports the market.
Needle bearings use small cylindrical rollers to function in rocker arm pivots, transmission purposes, car pumps, compressors, drive shafts, and other uses in automotive vehicles.
Key benefits such as needle bearings including superior load carrying capacity, reduced friction, improved torque efficiency, reduced valve stem wear, more compact in design, and other advantages support the market demand.
Accordingly, the demand for reliable needle roller bearings are increasingly being deployed by automakers and aftermarket companies in modern automotive drives such as cars, trucks, construction and agricultural machinery, heavy-duty vehicles, electric vehicles, and others.
United States held the dominant market share in North America needle roller bearings industry
The US needle roller bearing market is the largest and technically advanced markets in the region. In addition to passenger cars, SUVs and pickups are quickly gaining market penetration, which supports the market for needle roller bearings.
The country is characterized by a large consumer population and the high consumption power of families supports the market. The growth of the semi-autonomous vehicle segment will further strengthen the market potential for advanced bearing systems including needle roller bearings.
The presence of a large number of domestic manufacturers, coupled with vast aftermarket potential supports the market. Strong demand from different application segments such as engines, connecting rods, shift components, compressor, components, drive lines, steering systems, and others are set to gain rapid growth.
Stringent emission regulations is supporting lightweight products, predominantly in heavy vehicles, light commercial vehicles, and other automotive vehicles. This will augment the demand for fuel efficiency supporting compact and lightweight needle roller bearings.
China is the among the lucrative growth market for companies expanding their operations
China is the dominant production hub and sales market for passenger cars and commercial vehicles. The country is characterized by the presence of a wide number of automotive OEMs and Tier I suppliers. The country is also among the quickly recovering markets from the COVID-19 pandemic. The production and assembly operations in the country resumed in Q3 2020. Further, supportive fiscal policy, cheap labor, and a large consumer base are encouraging global companies to set up their production bases in China.
High-volume production and sales of passenger cars and commercial vehicles will be the primary market drivers. Strong collaborations with domestic players driven by their low-cost production, cheap labor, and proximity to customers are encouraging growth in the region.
Turbocharged Gasoline Direct Injection Engines are being offered by most of the OEMs in the country, driving the demand for efficient bearings. Further, China’s 6a emissions standards were introduced from January 2021 where light-duty vehicles below 3.5 tonnes must adhere to 6a standards, and from July 2021, heavy-duty vehicles also are subject to these standards.
Small, compact, and mid-size cars are the dominant vehicle segments in the country and the market is price sensitive. Accordingly, component manufacturers face tough challenges to boost market shares in the region. Companies launching products with low costs but advanced features will have the potential to gain mass scale opportunities.
Passenger cars are the dominant segment in the country, driven by a population base of over 1.4 billion and a rapidly emerging middle-class population. The presence of major Tier 1 and OEM companies in the country presents marketing opportunities for bearing manufacturers. On the other hand, strong competition from counterfeit products hampers the market potential.
Market Segmentation
Vehicles
Passenger Cars
Commercial Vehicles
Companies
JTEKT Corporation
NSK Limited
NTN Corporation
Schaeffler AG
SKF AB
Geography
North America (US, Canada, Mexico)
Europe (Germany, France, Spain, United Kingdom, Italy, Russia, Turkey, Other Europe)
Asia Pacific (China, India, Indonesia, Australia, Japan, South Korea, Other Asia/Oceania)
Latin America (Brazil, Argentina, Others)
Middle East (Saudi Arabia, UAE, Kuwait, Others)
Africa (South Africa, Egypt, Nigeria, Others)
Automotive Needle Roller Bearing Market Outlook 2023
1 Market Overview
1.1 Introduction to Automotive Needle Roller Bearing Market
1.2 Scope of the Study
1.3 Research Objective
1.3.1 Key Market Scope and Segments
1.3.2 Players Covered
1.3.3 Years Considered
2 Executive Summary
2.1 2023 Automotive Needle Roller Bearing Industry- Market Statistics
3 Market Dynamics
3.1 Market Drivers
3.2 Market Challenges
3.3 Market Opportunities
3.4 Market Trends
4 Market Factor Analysis
4.1 Porter’s Five Forces
4.2 Market Entropy
4.2.1 Global Automotive Needle Roller Bearing Market Companies with Area Served
4.2.2 Products Offerings Global Automotive Needle Roller Bearing Market
5 COVID-19 Impact Analysis and Outlook Scenarios
5.1.1 Covid-19 Impact Analysis
5.1.2 Post-COVID-19 Scenario- Low Growth Case
5.1.3 Post-COVID-19 Scenario- Reference Growth Case
5.1.4 Post-COVID-19 Scenario- Low Growth Case
6 Global Automotive Needle Roller Bearing Market Trends
6.1 Global Automotive Needle Roller Bearing Revenue (USD Million) and CAGR (%) by Type (2020-2030)
6.2 Global Automotive Needle Roller Bearing Revenue (USD Million) and CAGR (%) by Applications (2020-2030)
6.3 Global Automotive Needle Roller Bearing Revenue (USD Million) and CAGR (%) by Regions (2020-2030)
7 Global Automotive Needle Roller Bearing Market Revenue (USD Million) by Type, and Applications (2018-2022)
7.1 Global Automotive Needle Roller Bearing Revenue (USD Million) by Type (2018-2022)
7.1.1 Global Automotive Needle Roller Bearing Revenue (USD Million), Market Share (%) by Type (2018-2022)
7.2 Global Automotive Needle Roller Bearing Revenue (USD Million) by Applications (2018-2022)
7.2.1 Global Automotive Needle Roller Bearing Revenue (USD Million), Market Share (%) by Applications (2018-2022)
8 Global Automotive Needle Roller Bearing Development Regional Status and Outlook
8.1 Global Automotive Needle Roller Bearing Revenue (USD Million) By Regions (2018-2022)
8.2 North America Automotive Needle Roller Bearing Revenue (USD Million) by Type, and Application (2018-2022)
8.2.1 North America Automotive Needle Roller Bearing Revenue (USD Million) by Country (2018-2022)
8.2.2 North America Automotive Needle Roller Bearing Revenue (USD Million) by Type (2018-2022)
8.2.3 North America Automotive Needle Roller Bearing Revenue (USD Million) by Applications (2018-2022)
8.3 Europe Automotive Needle Roller Bearing Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)
8.3.1 Europe Automotive Needle Roller Bearing Revenue (USD Million), by Country (2018-2022)
8.3.2 Europe Automotive Needle Roller Bearing Revenue (USD Million) by Type (2018-2022)
8.3.3 Europe Automotive Needle Roller Bearing Revenue (USD Million) by Applications (2018-2022)
8.4 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)
8.4.1 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) by Country (2018-2022)
8.4.2 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) by Type (2018-2022)
8.4.3 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) by Applications (2018-2022)
8.5 South America Automotive Needle Roller Bearing Revenue (USD Million), by Type, and Applications (2018-2022)
8.5.1 South America Automotive Needle Roller Bearing Revenue (USD Million), by Country (2018-2022)
8.5.2 South America Automotive Needle Roller Bearing Revenue (USD Million) by Type (2018-2022)
8.5.3 South America Automotive Needle Roller Bearing Revenue (USD Million) by Applications (2018-2022)
8.6 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million), by Type, Technology, Application, Product Type (2018-2022)
8.6.1 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) by Country (2018-2022)
8.6.2 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) by Type (2018-2022)
8.6.3 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) by Applications (2018-2022)
9 Company Profiles
10 Global Automotive Needle Roller Bearing Market Revenue (USD Million), by Type, and Applications (2023-2030)
10.1 Global Automotive Needle Roller Bearing Revenue (USD Million) and Market Share (%) by Type (2023-2030)
10.1.1 Global Automotive Needle Roller Bearing Revenue (USD Million), and Market Share (%) by Type (2023-2030)
10.2 Global Automotive Needle Roller Bearing Revenue (USD Million) and Market Share (%) by Applications (2023-2030)
10.2.1 Global Automotive Needle Roller Bearing Revenue (USD Million), and Market Share (%) by Applications (2023-2030)
11 Global Automotive Needle Roller Bearing Development Regional Status and Outlook Forecast
11.1 Global Automotive Needle Roller Bearing Revenue (USD Million) By Regions (2023-2030)
11.2 North America Automotive Needle Roller Bearing Revenue (USD Million) by Type, and Applications (2023-2030)
11.2.1 North America Automotive Needle Roller Bearing Revenue (USD) Million by Country (2023-2030)
11.2.2 North America Automotive Needle Roller Bearing Revenue (USD Million), by Type (2023-2030)
11.2.3 North America Automotive Needle Roller Bearing Revenue (USD Million), Market Share (%) by Applications (2023-2030)
11.3 Europe Automotive Needle Roller Bearing Revenue (USD Million), by Type, and Applications (2023-2030)
11.3.1 Europe Automotive Needle Roller Bearing Revenue (USD Million), by Country (2023-2030)
11.3.2 Europe Automotive Needle Roller Bearing Revenue (USD Million), by Type (2023-2030)
11.3.3 Europe Automotive Needle Roller Bearing Revenue (USD Million), by Applications (2023-2030)
11.4 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) by Type, and Applications (2023-2030)
11.4.1 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million), by Country (2023-2030)
11.4.2 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million), by Type (2023-2030)
11.4.3 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million), by Applications (2023-2030)
11.5 South America Automotive Needle Roller Bearing Revenue (USD Million), by Type, and Applications (2023-2030)
11.5.1 South America Automotive Needle Roller Bearing Revenue (USD Million), by Country (2023-2030)
11.5.2 South America Automotive Needle Roller Bearing Revenue (USD Million), by Type (2023-2030)
11.5.3 South America Automotive Needle Roller Bearing Revenue (USD Million), by Applications (2023-2030)
11.6 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million), by Type, and Applications (2023-2030)
11.6.1 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million), by Region (2023-2030)
11.6.2 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million), by Type (2023-2030)
11.6.3 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million), by Applications (2023-2030)
12 Methodology and Data Sources
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Sources
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Disclaimer
List Of Tables
Table 1 Market Segmentation Analysis
Table 2 Global Automotive Needle Roller Bearing Market Companies with Areas Served
Table 3 Products Offerings Global Automotive Needle Roller Bearing Market
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Automotive Needle Roller Bearing Revenue (USD Million) And CAGR (%) By Type (2020-2030)
Table 8 Global Automotive Needle Roller Bearing Revenue (USD Million) And CAGR (%) By Applications (2020-2030)
Table 9 Global Automotive Needle Roller Bearing Revenue (USD Million) And CAGR (%) By Regions (2020-2030)
Table 10 Global Automotive Needle Roller Bearing Revenue (USD Million) By Type (2018-2022)
Table 11 Global Automotive Needle Roller Bearing Revenue Market Share (%) By Type (2018-2022)
Table 12 Global Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2018-2022)
Table 13 Global Automotive Needle Roller Bearing Revenue Market Share (%) By Applications (2018-2022)
Table 14 Global Automotive Needle Roller Bearing Market Revenue (USD Million) By Regions (2018-2022)
Table 15 Global Automotive Needle Roller Bearing Market Share (%) By Regions (2018-2022)
Table 16 North America Automotive Needle Roller Bearing Revenue (USD Million) By Country (2018-2022)
Table 17 North America Automotive Needle Roller Bearing Revenue (USD Million) By Type (2018-2022)
Table 18 North America Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2018-2022)
Table 19 Europe Automotive Needle Roller Bearing Revenue (USD Million) By Country (2018-2022)
Table 20 Europe Automotive Needle Roller Bearing Revenue (USD Million) By Type (2018-2022)
Table 21 Europe Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2018-2022)
Table 22 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) By Country (2018-2022)
Table 23 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) By Type (2018-2022)
Table 24 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2018-2022)
Table 25 South America Automotive Needle Roller Bearing Revenue (USD Million) By Country (2018-2022)
Table 26 South America Automotive Needle Roller Bearing Revenue (USD Million) By Type (2018-2022)
Table 27 South America Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2018-2022)
Table 28 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Region (2018-2022)
Table 29 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Type (2018-2022)
Table 30 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2018-2022)
Table 31 Financial Analysis
Table 32 Global Automotive Needle Roller Bearing Revenue (USD Million) By Type (2023-2030)
Table 33 Global Automotive Needle Roller Bearing Revenue Market Share (%) By Type (2023-2030)
Table 34 Global Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2023-2030)
Table 35 Global Automotive Needle Roller Bearing Revenue Market Share (%) By Applications (2023-2030)
Table 36 Global Automotive Needle Roller Bearing Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)
Table 37 North America Automotive Needle Roller Bearing Revenue (USD)By Country (2023-2030)
Table 38 North America Automotive Needle Roller Bearing Revenue (USD Million) By Type (2023-2030)
Table 39 North America Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2023-2030)
Table 40 Europe Automotive Needle Roller Bearing Revenue (USD Million) By Country (2023-2030)
Table 41 Europe Automotive Needle Roller Bearing Revenue (USD Million) By Type (2023-2030)
Table 42 Europe Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2023-2030)
Table 43 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) By Country (2023-2030)
Table 44 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) By Type (2023-2030)
Table 45 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2023-2030)
Table 46 South America Automotive Needle Roller Bearing Revenue (USD Million) By Country (2023-2030)
Table 47 South America Automotive Needle Roller Bearing Revenue (USD Million) By Type (2023-2030)
Table 48 South America Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2023-2030)
Table 49 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Region (2023-2030)
Table 50 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Region (2023-2030)
Table 51 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Type (2023-2030)
Table 52 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2023-2030)
Table 53 Research Programs/Design for This Report
Table 54 Key Data Information from Secondary Sources
Table 55 Key Data Information from Primary Sources
List Of Figures
Figure 1 Market Scope
Figure 2 Porter’s Five Forces
Figure 3 Global Automotive Needle Roller Bearing Revenue (USD Million) By Type (2018-2022)
Figure 4 Global Automotive Needle Roller Bearing Revenue Market Share (%) By Type (2022)
Figure 5 Global Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2018-2022)
Figure 6 Global Automotive Needle Roller Bearing Revenue Market Share (%) By Applications (2022)
Figure 7 Global Automotive Needle Roller Bearing Market Revenue (USD Million) By Regions (2018-2022)
Figure 8 Global Automotive Needle Roller Bearing Market Share (%) By Regions (2022)
Figure 9 North America Automotive Needle Roller Bearing Revenue (USD Million) By Country (2018-2022)
Figure 10 North America Automotive Needle Roller Bearing Revenue (USD Million) By Type (2018-2022)
Figure 11 North America Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2018-2022)
Figure 12 Europe Automotive Needle Roller Bearing Revenue (USD Million) By Country (2018-2022)
Figure 13 Europe Automotive Needle Roller Bearing Revenue (USD Million) By Type (2018-2022)
Figure 14 Europe Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2018-2022)
Figure 15 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) By Country (2018-2022)
Figure 16 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) By Type (2018-2022)
Figure 17 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2018-2022)
Figure 18 South America Automotive Needle Roller Bearing Revenue (USD Million) By Country (2018-2022)
Figure 19 South America Automotive Needle Roller Bearing Revenue (USD Million) By Type (2018-2022)
Figure 20 South America Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2018-2022)
Figure 21 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Region (2018-2022)
Figure 22 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Type (2018-2022)
Figure 23 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2018-2022)
Figure 24 Global Automotive Needle Roller Bearing Revenue (USD Million) By Type (2023-2030)
Figure 25 Global Automotive Needle Roller Bearing Revenue Market Share (%) By Type (2030)
Figure 26 Global Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2023-2030)
Figure 27 Global Automotive Needle Roller Bearing Revenue Market Share (%) By Applications (2030)
Figure 28 Global Automotive Needle Roller Bearing Market Revenue (USD Million) By Regions (2023-2030)
Figure 29 North America Automotive Needle Roller Bearing Revenue (USD Million) By Country (2023-2030)
Figure 30 North America Automotive Needle Roller Bearing Revenue (USD Million) By Type (2023-2030)
Figure 31 North America Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2023-2030)
Figure 32 Europe Automotive Needle Roller Bearing Revenue (USD Million) By Country (2023-2030)
Figure 33 Europe Automotive Needle Roller Bearing Revenue (USD Million) By Type (2023-2030)
Figure 34 Europe Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2023-2030)
Figure 35 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) By Country (2023-2030)
Figure 36 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) By Type (2023-2030)
Figure 37 Asia Pacific Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2023-2030)
Figure 38 South America Automotive Needle Roller Bearing Revenue (USD Million) By Country (2023-2030)
Figure 39 South America Automotive Needle Roller Bearing Revenue (USD Million) By Type (2023-2030)
Figure 40 South America Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2023-2030)
Figure 41 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Region (2023-2030)
Figure 42 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Region (2023-2030)
Figure 43 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Type (2023-2030)
Figure 44 Middle East and Africa Automotive Needle Roller Bearing Revenue (USD Million) By Applications (2023-2030)
Figure 45 Bottom-Up and Top-Down Approaches For This Report
Figure 46 Data Triangulation