Asia-Pacific Excluding Japan Emerges as the Front-Runner in the Automotive Bearing Market | FMI Reports

In 2021, the global APEJ (Asia Pacific excluding Japan) leading the automotive bearing market was valued at approximately USD 171 billion and is projected to grow at a year-on-year rate of 4.94% in 2022, reaching around USD 180 billion. The Asia Pacific region, excluding Japan (APEJ), is recognized as the largest market for automotive bearings, anticipated …