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A bearing is an important part of contemporary mechanical equipment. Its main function is to support the mechanical rotating body, reduce the friction coefficient during its movement, and ensure its rotation accuracy. Therefore, its application range is very wide and the market demand is strong. The Asian region represented by China and Japan has accounted for more than half of the global bearing consumption and has become the world's largest bearing consumer market, followed closely by Europe and North America, with 25% and 20% respectively.
HighlightsASIA WEDDING FAIR - 2021 the 19th Edition of the most prestigious and glamorous Wedding ExhibitionSouth India's Largest Wedding & Jewellery Exhibition with participants from all over India & abroad.An exquisite event brought to you by HRS Media
BeautyAsia aims to connect suppliers, manufacturers and distributors from all corners of the globe, with the goal to present new product developments and business opportunities. Known as the region’s largest one-stop trade specific show for the beauty, spa and health industry, BeautyAsia 2020 gears up for a sensational showcase to what’s new and upcoming in the beauty and wellness space. An a...
The goal of Making Indonesia 4.0 is to achieve Indonesia’s entry into the top ten economies in the world by 2030. The roadmap of Indonesia’s Industry 4.0 is the key to enhancing the overall competitiveness of Indonesia’s industry in the future digital era, guiding the implementation of Indonesia’s national strategy, and where the interests are at stake. Cooperation and coordinated implementation between various industries aim to promote inclusive national growth and sustainable community welfare.
In terms of 2019 data, India is the world's 10th largest machine tool producer and the world's 8th largest machine tool consumer. The Indian government has set a target for India’s manufacturing output value to account for 25% of GDP by 2025. Together with the prime minister’s active promotion of "Made in India", it will bring a huge boost to the demand for machine tools in India. The Indian machine tool market still has considerable development potential, and the Indian manufacturing market is rising rapidly.
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