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Stock impact report

Australia Bearings Market Growth, Analysis, Trends, Value, & Outlook 2024-2030: Rising Investments in Clean Energy and Electric Vehicles Boost Demand [Yahoo! Finance]

Timken Company (The) (TKR) 
Last timken company (the) earnings: 5/1 06:51 am Check Earnings Report
US:NYSE Investor Relations: investors.timken.com
Company Research Source: Yahoo! Finance
IMPACT: Market Forecast By Product, By Roller Bearing Type, By Application, And Competitive Landscape" report has been added to ResearchAndMarkets.com's offering. Australia Bearings Market is projected to grow at a CAGR of 6.1% from 2024-2030F. Australia bearings market witnessed significant growth, fueled by substantial investments across key sectors such as construction, automotive, and mining. Infrastructure development has been a major driver of this expansion, bolstered by a $647 billion allocation to residential, commercial, and industrial projects. With 5,500 projects in the pipeline, these initiatives account for 57% of the total construction market projected between 2021-22 and 2025-26. Additionally, Upcoming Major Construction Projects ~$608 360 Queen Street Office Tower expected to be completed by 2025 and $2200 Ivanhoe Estate Town Centre 2024-2025, further underscoring the sector's dynamic growth. This expected growth is fueled by strategic investments in the automot Show less Read more
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