Asia-Pacific
automotive bearings market is projected to exhibit a CAGR of more than 11% to
reach $ 22.17 billion by 2023. Increasing sales and production of vehicles are among
the key factors aiding the region’s automotive bearings market. Expanding fleet
size of passenger cars, two wheelers, light commercial vehicles, medium &
heavy commercial vehicles, off-the-road and three wheelers is also anticipated
to boost demand for automotive bearings over the next five years.
Years considered for this report:
Historical
Years: 2013-2016
Base Year:
2017
Estimated
Year: 2018
Forecast
Period: 2019-2023
Objective
of the Study:
- To analyze and forecast Asia-Pacific automotive
bearings market.
- To classify and forecast Asia-Pacific automotive
bearings market based on bearing type, vehicle type, demand category, country
and company.
- To identify drivers and challenges in Asia-Pacific
automotive bearings market.
- To identify market trends and developments in
Asia-Pacific automotive bearings market.
- To analyze and profile leading players operating
in Asia-Pacific automotive bearings market.
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Some of
the major companies operating in Asia-Pacific automotive bearings market are NSK
Ltd., NTN Corporation, Schaeffler Holding (China) Co., Ltd., SKF Asia Pacific
Pte. Ltd., JTEKT Corporation, Wafangdian Bearing Company Limited, The Timken Company,
C&U Group Ltd., MinebeaMitsumi Inc., Nachi-Fujikoshi Corp., etc.
In order
to perform the study, TechSci Research conducted primary as well as exhaustive
secondary research. Initially, TechSci Research prepared an exhaustive list of automotive
bearing manufacturers and suppliers operating in the region. Subsequently,
TechSci Research conducted primary research surveys, which included primary
calls, email responses, etc., with the identified companies. While
interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci
Research was able to include manufacturers which could not be identified due to
the limitations of secondary research. TechSci Research analyzed product
offerings, distribution channels, and regional presence of all major automotive
bearing suppliers across the region.
TechSci Research calculated Asia-Pacific
automotive bearings market size using a bottom-up technique, wherein manufacturers’
value sales data for different applications was recorded as well as forecast
for the future years. TechSci Research sourced these values from industry
experts and company representatives, and externally validated through analyzing
historical sales data of respective manufacturers to arrive at the overall
market size. Multiple secondary sources such as directories, databases such as
OICA, World Bank, company websites, company annual reports, white papers,
investor presentations and financial reports were also analyzed by TechSci
Research.
Key Target Audience:
- Automotive bearing
manufacturers, suppliers, distributors and other stakeholders
- Automotive
OEMs
- Associations,
organizations, forums and alliances related to automotive bearings
- Government
bodies such as regulating authorities and policymakers
- Market
research and consulting firms
The study is useful in
providing answers to several critical questions that are important for industry
stakeholders such as automotive bearing manufacturers, distributors and
policy makers.
The study
would also help them to target the growing segments over the coming years,
thereby aiding the stakeholders in taking investment decisions and facilitating
their expansion.
Report Scope:
In this report, Asia-Pacific automotive
bearings market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
o Deep Groove Ball Bearing (DGBB)
o Tapered Roller Bearing (TRB)
o Spherical Roller Bearing (SRB)
o Cylindrical Roller Bearing (CRB)
o Needle Roller Bearing (NRB)
o Angular Contact Ball Bearing (ACBB)
o Thrust Roller Bearing (ThRB)
o Thrust Ball Bearing (TBB)
o Passenger Car
o Light Commercial Vehicle
o Medium & Heavy Commercial Vehicle
o Off-The-Road Vehicle
o Two-Wheeler
o Three-Wheeler
o China
o India
o Japan
o Indonesia
o South Korea
o Thailand
o Philippines
o Australia
o Vietnam
o Rest of Asia-Pacific
- Market, by Demand Category:
o OEM
o Replacement
Company
Profiles: Detailed analysis of the major companies present in Asia-Pacific automotive
bearings market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company
Information
- Detailed analysis and profiling
of additional market players (up to five).
In case you don’t find what
you are looking for, please get in touch with our custom research team at sales@techsciresearch.com