India automotive
bearings market is projected to exhibit a CAGR of over 13% to surpass by 2025. Growing
automobile industry and increasing vehicle production and sales are few of the
major factors aiding India automotive bearings market. Moreover, expanding fleet
size of two-wheelers, passenger cars and three-wheelers in India is anticipated
to continue fueling demand for automotive bearings in the coming years. Additionally,
with expanding middle class population and increasing disposable income,
automobile sales across all the major automobile segments are expected to grow
in the coming years, thereby positively influencing India automotive bearings
market.
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 market size of India automotive bearings
market.
- To classify and forecast India automotive bearings
market based on bearing type, vehicle type, region and demand category.
- To identify drivers and challenges in India automotive bearings
market.
- To identify market trends and developments in India automotive bearings market.
- To evaluate the average selling price for automotive bearings
in India.
- To identify and analyze the profiles of leading players involved
in the manufacturing of automotive bearings in India.
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India automotive bearings
market is controlled by these major players, namely SKF India Limited, National Engineering
Industries Limited (NEI), Schaeffler India Limited, Timken India Limited, Tata
Bearings, Austin Engineering Company Limited, Bimetal Bearings Limited, NRB Bearings Limited, INA
Bearings India Private Limited, and Menon Bearings Limited, among others.
In order
to perform the study, TechSci Research conducted primary as well as exhaustive
secondary research. Initially, TechSci Research prepared an exhaustive list of India
automotive bearing manufacturers and suppliers operating in the country. 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 country.
TechSci Research calculated the
market size for India automotive bearings market using a bottom-up technique, wherein
manufacturers’ volume 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 studied by TechSci Research.
Key Target Audience:
- India automotive
bearing manufacturers, distributors and other stakeholders
- 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 bearing manufacturers, distributors and dealers,
customers 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, India automotive bearing market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
o Deep Grove Ball Bearing Angular
o Tapered Roller Bearing
o Spherical Roller Bearing
o Cylindrical Roller Bearing
o Needle Roller Bearing
o Angular Contact Ball Bearing
o Thrust Ball Bearing
o Thrust Roller Bearing
o Passenger Car
o Light Commercial Vehicle
o Medium & Heavy Commercial Vehicle
o Off-The-Road Vehicle
o Two-Wheeler
o Three-Wheeler
o East
o West
o North
o South
o OEM
o Replacement
o SKF India
Limited
o National Engineering Industries Limited
(NEI)
o Schaeffler
India Limited
o Timken India Limited
o Tata
Bearings
o Others
Competitive
Landscape
Company
Profiles: Detailed
analysis of the major companies present in India 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