A Retainer Ring, also known as a snap ring, features an external design, allowing it to fit around the outer circumference of the shaft. Its main function is to securely hold and position other parts, preventing axial movement and ensuring proper alignment.Attributes:• Withstands high rotational speeds and loads without slipping or coming loose• Provides a high degree of precision and accuracy in retaining the partsApplications:A Retainer Ring holds the bearings in place, preventing them from slipping or dislodging from their designated positions on the shaft. By preventing bearing movement and wear, retaining rings extend the life of bearings and other powertrain components.