Research and Markets: India Automotive Bearings Market Forecast and Opportunities, 2015-2020
Resource from: BUSINESS WIRE Likes:213
Jan 21,2015
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/w684vf/india_automotive) has announced the addition of the "India Automotive Bearings Market Forecast and Opportunities, 2020" report to their offering.
The market for automotive bearings in India is forecast increase at a CAGR of around 16% during till 2020
Reviving automobile sales, expanding automobile fleet and continuously growing aftermarket demand are the major market drivers. Two-wheeler automotive bearing segment is anticipated continue its dominance in the overall automotive bearings market over the forecast period. Northern region comprising Haryana, Punjab, Rajasthan, Uttar Pradesh, Delhi NCR, etc., accounted for the largest share in the country's bearings market in 2014.
India offers great potential for continuing growth in automobile and allied sectors as the country exhibits a significantly lower motorization rate as compared developed economies. India's automobile industry accounts for over 20% of the country's manufacturing GDP. Subsequent the 2008 global economic crisis, the country's automobile sector witnessed a significant rise on the production front. At present, almost all the major global automobile manufacturers have their operations in India. This creates a huge opportunity for automotive bearing manufacturers in the country. Cumulative sales of passenger cars, three wheelers and two wheelers in the country grew at a CAGR of over 10% during 2009 2013, which has been significantly boosting the demand for automotive bearings over the last five years.
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Automotive Bearings: An Overview
4. India Automotive Bearings Market Outlook
5. India Two-Wheeler Bearings Market Outlook
6. India Passenger Car Bearings Market Outlook
7. India Commercial Vehicle Bearings Market Outlook
8. India Three-Wheeler Bearings Market Outlook
9. India OTR Bearings Market Outlook
10. India Automotive Bearings Market Value Chain Analysis
11. India Automotive Bearings Market Raw Material Analysis
12. Trade Analysis
13. Market Dynamics
14. Policy & Regulatory Landscape
15. Market Trends& Development
16. India Economic Profile
17. Competitive Landscape
18. Strategic Recommendations
Companies Mentioned
ABC Bearings Limited
Austin Engineering Company Ltd.
Bimetal Bearings Limited
FAG Bearings India Limited
INA Bearings India Pvt. Ltd.
NRB Bearings Ltd.
National Engineering Industries Limited (NEI)
SKF India Limited
Tata Bearings
Timken India Limited
(BUSINESS WIRE)
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1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
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