Automotive Bearings Market 2015 and Analysis to 2025
Resource from: News Maker Likes:218
May 25,2016
Bearings are used to enable rotational or linear movement, and to disable the unwanted friction and handling stress. Bearings are integrated in automotive to constrain the relative motion and allow desired motion, due to which, a vehicle can enhance its speed and efficiency. Vehicles have many rotating parts, and bearing are used in almost all parts. For example, axle bearings are used to enable wheel axles to turn.
The structure of bearing is simple, it has a ball, which has internal & external smooth metal surfaces, which helps bearings to move. The ball in the bearing is responsible for carrying the weight of the load, and load’s weight is responsible for giving a push to the bearing’s rotation.
There are different types of bearings used in the automotive, such as ball, roller & thrust bearings, housed units, needle roller bearings, plain bearings, plummer blocks, sleeves, slim section bearings, spherical roller bearings, etc. For instance, applications such as wheels and transmissions use roller bearings, as roller bearings support heavy-duty applications.
Global Automotive bearings Market: Drivers and Challenges:
The demand for automotive bearings is growing with the increase in the automotive production globally, especially in the Asia Pacific and Western Europe. The demand for vehicles with technologically advanced solutions is fueling the growth for the global automotive bearings market. Growing demand for automotive bearing in developing countries and above factors are propelling the growth for global automotive bearings market.
Though, the demand for automotive bearings is increasing in the developing countries, the industry is highly fragmented. As many players are present in the automotive bearings market, the industry experiences the price competition. Due to the competitive pricing structure, the manufacturers of automotive bearings have to compromise on the profit margins, and this is inhibiting the growth of the global automotive bearings market.
Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-729
Global Automotive Bearings Market: Overview:
The global automotive bearings market by value is expected to expand at a CAGR of around 7-9% during the forecast period (2015-2025), due to increase in global automotive production.
Automotive Bearings Market: Segmentation:
The global automotive bearings market can be segmented by bearing type, by vehicle type, by Channel type and by regions
Based on vehicle type, the global automotive bearings market is segmented as:
Passenger Cars
Commercial Vehicles
Light Commercial Vehicles
Heavy Trucks
Coaches and Buses
Based on bearing type, the global automotive bearings market is segmented as:
Roller Bearings
Ball Bearings
Others
Based on channel type, the global automotive bearings market is segmented as:
Original Equipment Manufacturer
Aftermarket
Global Automotive Bearings Market: Region-wise Outlook:
The global automotive bearings market is expectedto register a single-digit CAGR for the forecast period. Depending on geographic regions, global automotive bearings market is segmentedinto seven key regions: North America, South America, Eastern Europe, Western Europe, Asia-Pacific, Japan, and Middle East & Africa. In terms of market volume and revenue, Asia Pacific automotive bearings market is projectedto register a significant CAGR during the forecast period. Growing automotive production, especially in the economies like India and China, is fueling the growth of global automotive bearings market in Asia Pacific. Western Europe and North America are also forecast to register a significant growth in the global automotive bearings market, as automotive production is expected to grow in these regions as well.
(News Maker)
【CBCC News Statement】
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.
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.
Previous B&B Specialties LLC and 3V Fasteners Co, Inc. Focused on the Commercial Aviation Industry Boom in Asia-Pacific
Next Faster lead times for low volume custom aerospace bearings
Next Faster lead times for low volume custom aerospace bearings
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
