Bearing
isolators market is expected to grow by USD 87.63 million during 2020-2024, according to
Technavio. The report offers a detailed analysis of the impact of the COVID-19
pandemic on the bearing isolators market in optimistic, probable, and
pessimistic forecast scenarios.
The bearing isolators market will witness Neutral and Inferior impact
during the forecast period owing to the widespread growth of the COVID-19
pandemic. As per Technavio’s pandemic-focused market research, market growth is
likely to Decrease as compared to 2019.
Enterprises will go through Respond, Recover and Renew phases. Download free report sample
As the COVID-19 pandemic continues to spread, organizations across the
globe are gradually flattening their recessionary curve by leveraging
technology. Many businesses will go through respond, recover and renew phases.
Building business resilience and enabling agility will aid organizations to
move forward in their journey out of the COVID-19 crisis and towards the Next
Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their
strategic planning to move ahead once business stability
kicks in.
- Build Resilience
by making
effective resource and investment choices for individual business
units, products and service lines.
- Conceptualize
scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure. Click here
Key Considerations for Market Forecast:
- Impact of lockdowns, supply
chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and
pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as
post-COVID-19 market estimates
- Quarterly impact analysis
and updates on market estimates
Major Three Bearing Isolators Market Participants:
Parker Hannifin Corp.
Parker Hannifin Corp. operates its business under diversified industrial
and aerospace systems segments. The company offers non-contact, labyrinth
designs bearing isolators that provide unsurpassed bearing protection for
rotary shaft equipment. Some of the bearing isolators are LS-standard flanged
isolator, LN-standard non-flanged, flush mount isolator, FN-360 for flooded oil
level, and oil mist applications, non-flanged, among others.
Smiths Group Plc
Smiths Group Plc operates its business under five segments, which
include John Crane, Smiths Detection, Flex-Tek, Smiths Interconnect, and Smiths
Medical. The company offers Magnum D V8, Magnum P V7, and Magnum P V68 bearing
isolators, under its subsidiary John Crane.
The Timken Co.
The Timken Co. has business operations under mobile industries and
process industries segments. The company offers metallic isolators,
non-metallic isolators glass-filled PTFE, and non-metallic isolators
graphite-filled PTFE.
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