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  • Automotive Bearings Market in India 2017




    (Transportation-News.com, December 14, 2017 ) 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.

    ReportsWeb.com

    Rajat Sahni

    +1-646-491-9876

    sales@reportsweb.com

    Source: EmailWire.Com

    Source: EmailWire.com

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