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The Seminar “Bearing Industry And Trade Before 2030”
Nov 12, 2018

On the Shanghai Asia International Power Transmission and Control Technology Exhibition, which opened on November 6, the seminar entitled “Bearing Industry and Trade before 2030” was hosted by Mr. Kenan Özcan, editor and founder of BearingNEWS magazine. The keynote focused on the global bearing market, including manufacturing, distribution and original equipment manufacturers, and equipment maintenance applications. Companies are forced to expand the range of services they provide and continue to advance digital transformation and maintain price structures. Today's bearing manufacturing, distribution and applications are more radical than the past 30 years, and only those companies which are adaptable can survive and successfully transfer their brands to the next generation. Current technology developments, changing market drivers and industry dynamics are leading to a dramatic shift in customer expectations.