Automotive Bearings Market in India 2017
ReportsWeb.com has announced the addition of the “Global Automotive Bearings Market Research Report” The report focuses on global major leading industry players with information such as company profiles, product picture and specification.
(EMAILWIRE.COM, December 04, 2017 ) ReportsWeb.com has announced the addition of the “Global AUTOMOTIVE BEARINGS Market Research Report 2017”, the report comprises of 102 pages and with categorized under Manufacturing.
Automotive Bearings , Automotive Bearings Market, Automotive Bearings Industry, Global Automotive Bearings Market, USA Automotive Bearings Market, Europe Automotive Bearings Market, China Automotive Bearings Market, North America Automotive Bearings Market, Research, Research Report, Reportsweb, Global Automotive Bearings Industry, North America Automotive Bearings Industry, China Automotive Bearings Industry, Europe Automotive Bearings Industry, United States Automotive Bearings Market, United States Automotive Bearings Industry
Publisher' latest market research report titled Automotive Bearings Market in India 2017 states that the market for automotive bearings in India is expected to expand at a CAGR of 13.1% over 2015-2022. Growing exports have encouraged domestic players to manufacture automobiles for meeting the requirements of global customers. This, in turn, is expected to support the growth of automotive bearings market in India. Moreover, the technological advancements in the automobile sector have resulted in increased demand for ceramic ball bearings from both OEM as well as replacement market. OEM segment accounts for 65% of the demand in the overall market and the rest comes from replacement segment. Introduction of electro-mechanical features and advanced sensor units have also increased the demand for automotive bearings in the country.
In 2017, the gradual increase in primary raw material prices resulted in an increase in input costs thereby leading to increased prices at the customers' end. The counterfeit products have negatively impacted the automotive bearings market. The major competitors in the market, such as ABC Bearings Ltd., FAG Bearings Ltd., SKF Bearings, Timken India Ltd. faces intense competition from each other. SKF India Ltd. is the largest bearing manufacturer with a market share of 28.7% followed by FAG Bearings India Ltd., which holds 19.9% of the share.
Get Free Sample of this Report http://www.reportsweb.com/inquiry&RW00011190718/sample
Coverage:
Overview of the automotive bearings market, and forecasted market size data over FY 2015 to FY 2022e
Trade analysis of automotive bearings in India
Qualitative analysis of the major drivers and challenges affecting the automotive bearings market
Analysis of the competitive landscape and profiles of major public and private players operating in the market
Key recent developments in the Indian Automotive Bearings Market
Why Buy-
Get a broad understanding of the automotive bearings market in India, the dynamics of the market and the current state of the industry
Devise market-entry strategies by understanding the factors driving the growth of the market
Understand major competitors' business and market dynamics, and respond accordingly
Get complete access of this report@ http://www.reportsweb.com/automotive-bearings-market-in-india-2017
Automotive Bearings Market Company Profiling
1. ABC Bearings Ltd .
2. Austin Engineering Company Ltd.
3. Bimetal Bearings Ltd.
4. FAG Bearings Ltd.
5. Menon Bearings Ltd.
6. NRB Bearings Ltd.
7. SKF India Ltd.
8. Timken India Ltd
9. NSK Ltd.
10.National Engineering Industries Ltd.
Automotive Bearings , Automotive Bearings Market, Automotive Bearings Industry, Global Automotive Bearings Market, USA Automotive Bearings Market, Europe Automotive Bearings Market, China Automotive Bearings Market, North America Automotive Bearings Market, Research, Research Report, Reportsweb, Global Automotive Bearings Industry, North America Automotive Bearings Industry, China Automotive Bearings Industry, Europe Automotive Bearings Industry, United States Automotive Bearings Market, United States Automotive Bearings Industry
Publisher' latest market research report titled Automotive Bearings Market in India 2017 states that the market for automotive bearings in India is expected to expand at a CAGR of 13.1% over 2015-2022. Growing exports have encouraged domestic players to manufacture automobiles for meeting the requirements of global customers. This, in turn, is expected to support the growth of automotive bearings market in India. Moreover, the technological advancements in the automobile sector have resulted in increased demand for ceramic ball bearings from both OEM as well as replacement market. OEM segment accounts for 65% of the demand in the overall market and the rest comes from replacement segment. Introduction of electro-mechanical features and advanced sensor units have also increased the demand for automotive bearings in the country.
In 2017, the gradual increase in primary raw material prices resulted in an increase in input costs thereby leading to increased prices at the customers' end. The counterfeit products have negatively impacted the automotive bearings market. The major competitors in the market, such as ABC Bearings Ltd., FAG Bearings Ltd., SKF Bearings, Timken India Ltd. faces intense competition from each other. SKF India Ltd. is the largest bearing manufacturer with a market share of 28.7% followed by FAG Bearings India Ltd., which holds 19.9% of the share.
Get Free Sample of this Report http://www.reportsweb.com/inquiry&RW00011190718/sample
Coverage:
Overview of the automotive bearings market, and forecasted market size data over FY 2015 to FY 2022e
Trade analysis of automotive bearings in India
Qualitative analysis of the major drivers and challenges affecting the automotive bearings market
Analysis of the competitive landscape and profiles of major public and private players operating in the market
Key recent developments in the Indian Automotive Bearings Market
Why Buy-
Get a broad understanding of the automotive bearings market in India, the dynamics of the market and the current state of the industry
Devise market-entry strategies by understanding the factors driving the growth of the market
Understand major competitors' business and market dynamics, and respond accordingly
Get complete access of this report@ http://www.reportsweb.com/automotive-bearings-market-in-india-2017
Automotive Bearings Market Company Profiling
1. ABC Bearings Ltd .
2. Austin Engineering Company Ltd.
3. Bimetal Bearings Ltd.
4. FAG Bearings Ltd.
5. Menon Bearings Ltd.
6. NRB Bearings Ltd.
7. SKF India Ltd.
8. Timken India Ltd
9. NSK Ltd.
10.National Engineering Industries Ltd.
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results