Table of Contents
The rising demand for Automotive is increasing the demand for engine bearings in Brazil. Brazil is the largest automotive market in South America with nearly 3.8 million in vehicle sales. The demand for engine bearings in Brazil is expected to reach US$ 99.1 million by the end of 2020. Brazil is also the largest producer of automobiles in the South American continent with over 40 manufacturing facilities.
Despite recent entry by Asian manufacturers, Fiat, Ford, GM and VW maintain nearly 70% share of vehicle sales. OEM is the major end customer segment in Brazil with market share more than 90% when it comes to engine bearings. Mahle and Federal Mogul together occupy more than 70% of market share. Wholesalers and distributors such as Olimex, Arisel Distribuidora, and Cobra rolamentos play a major role in aftermarket bearing market. Engine production in Brazil is expected to grow at CAGR of 6%. Major players like Mahle are focusing on downsizing of the engine which will reduce the demand for engine bearing.
The objective of this report is to provide a high level overview of the Brazil Automotive bearing market with data and insights around market size, structure and key trends. The report provides current market size for bearings (Value), market share (2015) and identifies the key demand drivers for these products.
The Brazil engine bearing market structure is XXX. Imports form XX% of the market in the Brazil automotive engine bearing market. The Brazil after market engine bearing market value is around XXX where replacement demand has a major market share. The demand for smaller sized engines is expected to lower the number of engine bearing required per engine. Sales channel like Wholesalers and distributors occupy XX % of market share. Mahle and Federal Mogul are positioned as quality players in the market when it comes to bearings.
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