Market Research Report on India Automotive Bearings Market

RAIPUR, CHHATTISGARH, INDIA, November 3, 2017 /EINPresswire.com/ --

Report Sellers has added a new market research report “Automotive Bearings Market in India 2017” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

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. The 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 customer's 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.

Browse through the complete description and in-depth TOC on “India Automotive Bearings Market”
https://www.reportsellers.com/market-research-report/Automotive-Bearings-Market-in-India-2017

Report Scope:

• 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

Reasons to 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

Companies Mentioned

Public Companies
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.

Private Companies
10. National Engineering Industries Ltd.

Request Sample here: https://www.reportsellers.com/market-research-report/Automotive-Bearings-Market-in-India-2017

We have a large number of reports in other Automotive Industry which can be accessed through the following link:
https://www.reportsellers.com/sub-category/automotive-market-research-report

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India Automotive Bearings Market Research Report

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