openPR Logo
Press release

Automotive Bearing Market top key playersILJIN Bearing Co., Ltd., JTEKT Corporation, MinebeaMitsumi Inc., NRB Bearings Ltd

12-11-2018 05:51 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Automotive Bearing Market top key playersILJIN Bearing Co.,

Automotive bearings are accountable for smooth, economical and frictionless running of automobiles. They are present in almost every part of the automobile to ensure movement safety, load handling as well as balance. Several types of bearings are used in automobiles. To name a few, thrust bearings, ball bearings, roller bearings, housed units, needle roller bearings, plummer blocks, plain bearings, spherical roller bearings, slim section bearings, ball thrust bearings, tapered roller bearings and specialized bearings are used. These bearings are made up of different material such as metal-polymers, engineered plastics, metals and bimetals and fibre reinforced composite.

The growth of the automotive bearing market is driven by various aspects such as rising technological developments, increasing production of vehicles across the globe, increasing demand for advanced bearings from emerging economies, increasing use of bearings in luxury cars etc. However, high pricing and counterfeiting are main challenges faced by the global market for automotive bearings.

Request Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-729

The extensive research report on “Automotive Bearing Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022)”, presented by Future Market Insights uncovers various facets of automotive bearings, analysis on their applications in different vehicle types, sales channel analysis, etc. According to the in-depth research analysis delivered in this research report, the global automotive bearing market is poised to grow at a CAGR of 4.9% throughout the period of assessment 2017-2022.

5 Key Highlights on Global Automotive Bearing Market

Ball thrust bearings segment by bearing type category to represent significant share in the coming years. This segment is also expected to gain a high BPS by the end of the assessment period and is poised to register a CAGR of 5.3% throughout the 2017-2022 period

Fibre reinforced composite segment by material type is expected to be the fastest growing segment during the assessment period. This segment is projected to reflect a high CAGR of 5.2% with a significant market share. It holds high potential in the coming years

Asia-Pacific excluding Japan (APEJ) region is the most lucrative region for the growth of the automotive bearing market. This region is ahead of other regions with respect to growth rate as well as market valuation during the period of assessment. This region is poised to register CAGR of 5.2% through 2017-2022

OEM segment by sales channel is expected to grow at a high pace during the assessment period. However, the aftermarket segment in this category, as of 2017, holds a high market share of 63.4%

Light commercial vehicles segment by vehicle type is a potential segment with respect to the use of automotive bearings and is expected to register the highest CAGR of 5.3% throughout the period of assessment

Request to View TOC @ https://www.futuremarketinsights.com/askus/rep-gb-729

Key Player Profiles in the Global Automotive Bearing Market

The research report on global market for automotive bearings has included profiles of key players such as The Timken Company, Schaeffler AG, RKB Bearing Industries, NTN Corporation, NRB Bearings Ltd., MinebeaMitsumi Inc., JTEKT Corporation and ILJIN Bearing Co., Ltd.

ABOUT US:
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Future Market Insights
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Bearing Market top key playersILJIN Bearing Co., Ltd., JTEKT Corporation, MinebeaMitsumi Inc., NRB Bearings Ltd here

News-ID: 1433152 • Views: 411

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Bearing

Global Machine Tool Bearing Market 2019 Top Key Players: Timken, Schaeffler, Luo …
Summary WiseGuyReports.com adds “Machine Tool Bearing Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database. This report provides in depth study of “Machine Tool Bearing Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Machine Tool Bearing Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
Machine Tool Bearing Market Report for Period 2017 till 2022 Luoyang Bearing, Ha …
Global Machine Tool Bearing Market report emphasizes on detailed analysis of companies and manufacturers like Luoyang Bearing, Harbin Bearing Group, Fujian Longxi Bearing and Others. This market study includes data about global market statistics, market share, company performances, historical analysis 2012 to 2016, market forecast 2017 to 2023 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2017 to 2023, etc. The Global Machine Tool Bearing
Global Automotive Generation 3 Hub Bearing Market 2017 : Harbin Bearing, ILJIN, …
A market study based on the "Automotive Generation 3 Hub Bearing Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Automotive Generation 3 Hub Bearing Market 2017’. The research report analyses the historical as well as present performance of the worldwide Automotive Generation 3 Hub Bearing industry, and makes predictions on the future status of Automotive Generation 3 Hub Bearing market on the basis
Measuring Bearing Vibration Levels
Data Acquisition Systems for Fault Diagnosis & Condition Monitoring The diagnosis of bearing damage in roller bearings is an integral part of servicing and maintenance tasks. Increasingly, technicians rely on condition monitoring systems (CMS) for machine diagnoses in plants and factories. Many CMS systems are based on vibration measurements. Two contrasting approaches exist: the diagnostic, qualitative approach (producing an envelope spectrum); and the quantitative approach (measuring vibration velocity). Delphin Expert Vibro
Global Plastic Bearing Market 2016- Yisheng Bearing Company (CN), Haining Lino-b …
Market.Biz has recently launched new Market Research Report on "Plastic Bearing Market" is a in-depth and professional survey on Plastic Bearing Market. The research study Global Plastic Bearing Industry offers strategic assessment of the Global Plastic Bearing market. The industry report focuses on the growth opportunities, which will help the Global Plastic Bearing industry to expand operations in the existing markets. Major Manufacturers Analysis of Plastic Bearing :- (with Company Profile, Product
Emerson Bearing Announces Printing Division
Bearings for Prepress, Offset, Digital Printing and Paper Converting BOSTON, MA... Emerson Bearing Boston, a bearing company catering to OEM (Original Equipment Manufacturers) and MRO (Maintenance, Repair and Operations) markets around the world, has experienced increased demand for bearings and related products for prepress, offset, digital printing and paper converting, and established a Printing Division to specifically cater to these markets. Rick Piracini, an industry solutions expert with more than a decade