Press release
Bearing 2017 India Market Expected to Grow at CAGR 12.03 % and Forecast to 2021
Bearing Market
About bearings
Bearings are highly engineered machine elements that reduce energy loss induced by friction in the rotary motion parts of various equipment and machinery. There are different types of bearings, including ball bearings, roller bearings, and plain bearings.
As the automotive and general engineering sectors continue to gain more prominence in India, industries in the country have started purchasing and installing more expensive equipment to enhance their overall operational paradigm and ensure better efficiency in their day-to-day operations.
The prospects of market growth of bearings is closely linked to growth in the production of high-performance industrial equipment and machinery.
Technavio's analysts forecast the bearings market in India to grow at a CAGR of 12.03% during 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the bearings market in India for 2015-2019. For ascertaining the market size and vendor share the report considers the revenue obtained from the sales of bearing products.
Technavio's report, Bearings Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• NBR Bearings
• Schaeffler Technologies
• SKF
• Timken Company Global Corporation
Other prominent vendors
• ABC Bearing
• Austin Engineering Company
• Bimetal Bearing
• Menon Bearing
• SNL Bearings
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Market driver
• Growth of automotive industry
• For a full, detailed list, view our report
Market challenge
• Counterfeit products
• For a full, detailed list, view our report
Market Trend
• Emergence of sensor bearing units
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table of Contents:
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product
Bearing market in India by product 2014-2019
Ball bearing market in India
Taper roller bearing market in India
Others segment
PART 07: Market segmentation by end-users
Bearing market in India by end-users 2014-2019
Bearing market in India by automotive sector
Bearing market in India by general engineering sector
Bearing market in India by heavy machine sector
Bearing market in India by electrical equipment and others sector
PART 08: Market segmentation by source
Bearing market in India by source 2014-2019
Bearing market in India by organized markets
Bearing market in India by unorganized markets
Bearing market in India by imports
PART 09: Market growth drivers
PART 10: Drivers and their impact
PART 11: Market Challenges
PART 12: Impact of drivers and challenges
PART 13: Market Trends
PART 14: Vendor landscape
Competitive scenario
Other Prominent Vendors
SKF
Schaeffler
Timken
NRB Industrial
Continued…….
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