1. Market Research
  2. > Automotive Market Trends

India Bearings Market Outlook to 2019 - Demand Driven by Growth in Automotive Sector and Make in India Initiative

  • May 2015
  • 132 pages
  • Ken Research Private Limited
Report ID: 3328519

Summary

Table of Contents

EXECUTIVE SUMMARY

Industry research report titled “India Bearings Market Outlook to 2019 - Demand Driven by Growth in Automotive Sector and Make in India Initiative” provides a comprehensive analysis of the bearings market in India. The report comprehensively covers the market size of bearings in India along with comparative analysis of Global bearings market, segmentation on the basis of market structure, end user segment, type of demand, type of bearings and type of roller bearings. The market for automobile and industrial bearings has been clearly explained in the report. The report also highlights growth drivers for bearings market, trends and developments, SWOT Analysis, Porter Five Forces as well as Major deals and alliances in bearings market.

The report also highlights the detailed cost benefit analysis for operating a bearings plant in India. The competitive landscape in bearings market alleged with market share of major players as well as detailed company profiles for major players has been covered. Future analysis of the industry along with its various market segments is provided on the basis of revenues over the next five years.

The demand for bearings is largely dynamic because the industry is closely linked to global GDP trends owing to its extensive applications in production and engineering industries across the world. The global bearings industry was worth USD ~ billion during 2014. Several main industrial sectors and user segments are expected to push the production of industrial equipment and automotives, leading to an increase in demand for railway equipment, electronics, aircraft and motorcycles in the developing countries.

The bearings industry in India has been heavily dependent upon imports as the major players are global entities which import majority of products from their global manufacturing units located abroad. India is largely regarded amongst the fastest growing market for bearings in the world which has ultimately led to a number of multinational companies emerge the Indian markets such as Timken and FAG bearings. The Indian bearings Industry in present is quite bullish with excellent growth prospects, owing to spurt in growth of automobile and industrial sector which has given substantial rise to the demand for bearings. The revenues engendered by bearings market of India has showcased a rising trend during the period FY’2009-FY’2014, In FY’2014, the market size of bearings industry in India was mounted at USD ~ million which grew by ~% over FY’2013.

The trend was juxtaposed by CAGR which has elevated at a promising rate of ~% across the period FY’2009-FY’2014. The Indian bearings industry is majorly organized with only a small portion of the entire market pertaining to the unorganized segment. The unorganized sector includes small, local bearings manufacturers that primarily cater to the aftermarket or replacement segment of the industry. During FY’2014, the demand for bearings has been majorly originated through Industrial sector which has commanded a revenues share of ~% during the year. The OEM demand was high during FY’2014 with ~% of the bearings market revenues engendered through this segment. The share of OEM has increased to ~% during FY’2009 owing to the rapid industrialization in India and the revival of automobile sales in the country.

The India organized bearings market is dominated by global players with top 3 players controlling more than ~% of the market. SKF India, the world‘s leading bearing producer is the leading bearings manufacturer in the India bearings market on the basis of revenue on FY’2014.

The revenue projections for the bearings market in India anticipates that the market is estimated to grow at a CAGR of 19.8% over FY’2015-FY’2019 owing to the stable economic growth in the forthcoming years and the support from government. The ‘Make in India’ initiative launched by the newly formed government is expected to be the catalyst for inclining manufacturing activities in the country which will increase the bearings consumption in the forthcoming years.

Key Topics Covered in the Report:

- The market size of the Global and Indian Bearings Market
- Market segmentation of Indian Bearings Market on the basis of type of demand, market structure, end user segment, type of bearings, type of roller bearings and others.
- The market size of the India Automobile and Industrial Bearings Market.
- Trends and Development in the India Bearings Market
- SWOT Analysis of India Bearings Market
- Porter Five Forces Analysis of India Bearings Market
- Growth Drivers for the India Bearings Market
- Issues and Challenges for India Bearings Market
- Detailed company profiles and Market Share for the India Bearings Manufacturers
- Investment Model to Set up Bearings Plant in India
- Future outlook and projections of the India Bearings Market with Analyst Recommendations
- Macroeconomic Indicators Affecting the India Bearings Market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

US Automotive Technicians’ Choice Survey of Replacement Parts, 2016

  • $ 20000
  • Industry report
  • May 2017
  • by Frost & Sullivan

Technicians Shifting to Digital Platforms The importance of technicians as customers for part suppliers continues to grow with the continued expansion of the Do-It-For-Me (DIFM) channel in the US automotive ...

Hindered Amine Light Stabilizers Market by Type, Application, and Region - Global Forecast to 2022

  • $ 9965
  • Industry report
  • July 2017
  • by MarketsandMarkets

Increasing demand for greenhouse films expected to drive the HALS market in the midterm The global Hindered Amine Light Stabilizers (HALS) market is projected to reach USD 1.15 billion by 2022, at a CAGR ...

Automotive Sunroofs Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • May 2017
  • by Transparency Market Research

Global Automotive Sunroofs Market: Overview The automotive sunroofs market is anticipated to grow at a significant pace over the forecast period of 2017-2025. An automotive sunroof can be defined as a ...


Download Unlimited Documents from Trusted Public Sources

Automotive Trade in the US - Forecast, Weekly Update

  • August 2017
    3 pages
  • Automotive  

  • United States  

    North America  

    Europe  

View report >

Auto Parts Markets in the US

  • August 2017
    50 pages
  • Auto Parts  

  • United States  

    World  

View report >

Auto Parts Markets in the US

  • August 2017
    50 pages
  • Auto Parts  

  • United States  

    World  

View report >

Related Market Segments :

Automotive

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.