Rapid industrial development in high-growth regions such as Mexico, Indonesia, Nigeria, Turkey as well as Brazil, Russia, India and China is driving the industrial bearings and couplings market. The magnitude of the existing global installed base will strengthen the need for replacement and upgrades, adding to market demand. This push from developing economies is important as the market is technologically mature and seeing restricted growth in developed economies. This is particularly so in Europe and North America owing to financial instability and reduced capital expenditure across end-user industries.