Market Forecast by Bearing Types (Ball, Roller and Clutch), Vehicle Types (Two Wheeler, Three Wheeler, Passenger Vehicle, Commercial and OTR Vehicle) and Regions (North, South, East, West, North-East, West and Central)
Product Code: ETC000284 | Publication Date: Nov 2015 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 180 | No. of Figures: 124 | No. of Tables: 8 |
India automotive bearing market has been divided into three prime segments including sub-segments i.e. ball bearing (deep groove, angular contact, wheel hub & thrust bearing), Roller Bearing (taper, needle, cylindrical & spherical), and clutch bearing.
After sluggish demand in the last two years, India automotive bearing market is expected to gain momentum in the coming years. Rising consumer spending and initiatives taken by the government such as the “Make in India” campaign would spur the growth of the market.
According to 6Wresearch, India automotive bearing market is projected to touch $1.2 billion by 2021. Growing two-wheeler sales is primarily driving the demand for ball bearing, wherein deep groove ball bearing leads the market. In the next six years, the ball bearing segment would register higher growth over roller bearing and clutch bearing segments.
With the launch of the ‘Make in India' campaign domestic production of automotive vehicles is expected to increase in the forecast period. The initiatives would drive various international players to expand and establish their manufacturing facilities, thus creating a huge demand for automotive components in the country. Further, opportunities to export the vehicles in the international market would fuel the market for automotive bearing.
The report estimates and forecasts the overall India automotive bearing market by revenue, bearing types such as Ball, roller, and clutch; vehicle types such as two-wheeler, three-wheeler, passenger vehicle, commercial vehicle, off the road vehicle, OEM & aftermarket. The report also gives insights on price trends, market trends, competitive landscape, company profiles, market drivers, and restraints.
India automotive bearing market is estimated to find its true potential in the coming years owing to the rising substantial growth of the automotive sector in the country. The increased goeth of the population base coupled with the rising discretion income intended to increased purchasing power and enable the consumer to spend on the vehicles, simultaneously the increase the automotive bearing to bear heavy loads and reduce friction and is estimated to act as a catalyst for the growth of the India automotive bearing market in the forthcoming years.
Key Highlights of the Report
• Historical Data of Global Automotive Bearing Market Revenue for the Period 2010-2014
• Market Size & Forecast of Global Automotive Bearing Market Revenue until 2021
• Historical Data of India Automotive Bearing Market Revenue & Volume for the Period 2010-2014
• Market Size & Forecast of India Automotive Bearing Market Revenue & Volume until 2021
• Historical Revenue & Volume of India Automotive Bearing market, by Market for the Period 2010-2014
• Market Size & Forecast of India Automotive Bearing Market, by the market until 2021
• Historical Revenue & Volume of India Automotive Ball Bearing Market for the Period 2010-2014
• Market Size & Forecast of India Automotive Ball bearing Market until 2021
• Historical Revenue & Volume of India Automotive Ball Bearing Market, by Vehicle Type for the Period 2010-2014
• Market Size & Forecast of India Automotive Ball Bearing Market, by Vehicle Type until 2021
• Historical Revenue & Volume of India Automotive Roller Bearing Market for the Period 2010-2014
• Market Size & Forecast of India Automotive Roller Bearing Market until 2021
• Historical Revenue & Volume of India Automotive Roller Bearing Market, by Vehicle Type for the Period 2010-2014
• Market Size & Forecast of India Automotive Roller Bearing Market, by Vehicle Type until 2021
• Historical Revenue & Volume of India Automotive Clutch Bearing Market for the Period 2010-2014
• Market Size & Forecast of India Automotive Clutch Bearing Market until 2021
• Historical Revenue & Volume of India Automotive clutch bearing, by end-user for the Period 2010-2014
• Market Size & Forecast of India Automotive clutch bearing Market, by Vehicle Type until 2021
• Market Dynamics: Market Drivers, Restraints and Opportunities in India Automotive Bearing Market
• Market Trends
• Price Trends
• Competitive Landscape
• Company Profiles
• Key Strategic Pointers
Markets Covered:
The report provides a detailed analysis of the following market segments:
• Bearing Types:
o Ball Bearings: Deep Groove, Angular Contact, Wheel Hub, and Thrust Bearings
o Roller Bearings: Taper, Needle, Cylindrical and Spherical Rollers
o Clutch Bearings
• Regions:
o North
o South
o East
o North-East
o West
o Central
• Vehicle Types:
o Two Wheeler
o Three Wheeler
o Passenger Vehicle
o Commercial Vehicle
o Off the Road
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Global Automotive Bearing Market Overview
3.1 Global Automotive Bearing Market Revenues (2010-2021)
3.2 Global Automotive Bearing Market Revenue Share, By Region (2014 & 2021)
4 India Automotive Bearing Market Overview
4.1 India Automotive Bearing Market Revenues (2010-2021)
4.2 India Automotive Bearing Market Volume (2010-2021)
4.3 India Automotive Bearing OEM Market Revenues (2010-2021)
4.4 India Automotive Bearing OEM Market Volume (2010-2021)
4.5 India Automotive Bearing Replacement Market Revenues (2010-2021)
4.6 India Automotive Bearing Replacement Market Volume (2010-2021)
4.7 India Automotive Bearing Market Revenue Share, By Bearing Type (2014 & 2021)
4.8 India Automotive Bearing Market Volume Share, By Bearing Type (2014 & 2021)
4.9 India Automotive Bearing Market Revenue Share, By Vehicle Type (2014 & 2021)
4.10 India Automotive Bearing Market Volume Share, By Vehicle Type (2014 & 2021)
4.11 Industry Life Cycle
4.12 Value Chain Analysis
4.13 Porter's Five Forces Model
5 India Automotive Bearing Market Dynamics
5.1 Drivers
5.1.1 Growth in Automobile Sales
5.1.2 Companies Focusing on Capacity Expansion of Automotive Bearings
5.1.3 Growing Replacement Market Demand
5.2 Restraints
5.2.1 Cheap Imports From China
5.2.2 Rise in Commodity Input Price
6 India Automotive Bearing Market Trends
6.1 Decline in Export of Bearings
6.2 Hybrid Bearings
6.3 Slowdown in Automotive Sector
7 India Automotive Ball Bearing Market Overview
7.1 India Automotive Ball Bearing Market Revenues (2010-2021)
7.2 India Automotive Ball Bearing Market Volume (2010-2021)
7.3 India Automotive Ball Bearing OEM Market Revenues & Volume (2010-2021)
7.4 India Automotive Ball Bearing Replacement Market Revenues & Volume (2010-2021)
7.5 India Automotive Ball Bearing Market Overview, By Type
7.5.1 India Automotive Deep Groove Ball Bearing Market Overview
7.5.1.1 India Automotive Deep Groove Ball Bearing Market Revenues (2010-2021)
7.5.1.2 India Automotive Deep Groove Ball Bearing Market Volume (2010-2021)
7.5.1.3 India Automotive Deep Groove Ball Bearing Market Revenues & Volume, By Vehicle Type
7.5.1.4 India Automotive Deep Groove Ball Bearing Market Price Trend
7.5.2 India Automotive Angular Contact Ball Bearing Market Overview
7.5.2.1 India Automotive Angular Contact Ball Bearing Market Revenues (2010-2021)
7.5.2.2 India Automotive Angular Contact Ball Bearing Market Volume (2010-2021)
7.5.2.3 India Automotive Angular Contact Ball Bearing Market Revenues, By Vehicle Type (2010-2021)
7.5.2.4 India Automotive Angular Contact Ball Bearing Market Price Point Trend
7.5.3 India Automotive Wheel Hub Ball Bearing Market Overview (2010-2021)
7.5.3.1 India Automotive Wheel Hub Ball Bearing Market Revenues (2010-2021)
7.5.3.2 India Automotive Wheel Hub Ball Bearing Market Volume (2010-2021)
7.5.3.3 India Automotive Wheel Hub Ball Bearing Market Revenues, By Vehicle Types
7.5.3.4 India Automotive Wheel Hub Ball Bearing Market Price Trend
7.5.4 India Automotive Thrust Ball Bearing Market Overview, By Type
7.5.4.1 India Automotive Thrust Ball Bearing Market Revenues (2010-2021)
7.5.4.2 India Automotive Thrust Ball Bearing Market Volumes (2010-2021)
7.5.4.3 India Automotive Thrust Ball Bearing Market Revenues, By Vehicle Types
8 India Automotive Roller Bearing Market Overview
8.1 India Automotive Roller Bearing Market Revenues
8.2 India Automotive Roller Bearing Market Volume
8.3 India Automotive Roller Bearing OEM Market Revenues & Volume
8.4 India Automotive Roller Bearing Replacement Market Revenues & Volume
8.5 India Automotive Roller Bearing Market Overview, By Type
8.5.1 India Automotive Taper Roller Bearing Market Overview
8.5.1.1 India Automotive Taper Roller Bearing Market Revenues
8.5.1.2 India Automotive Taper Roller Bearing Market Volume
8.5.1.3 India Automotive Taper Roller Bearing Market Revenues, By Vehicle Types
8.5.1.4 India Automotive Taper Roller Bearing Market Price Trend(2010-2021)
8.6.1 India Automotive Needle Roller Bearing Market Overview
8.6.1.1 India Automotive Needle Roller Bearing Market Revenues
8.6.1.2 India Automotive Needle Roller Bearing Market Volume
8.6.1.3 India Automotive Needle Roller Bearing Market Revenues, By Vehicle Types
8.6.1.4 India Automotive Needle Roller Bearing Market Price Trend
8.7.1 India Automotive Cylindrical Roller Bearing Market Overview
8.7.1.1 India Automotive Cylindrical Roller Bearing Market Revenues
8.7.1.2 India Automotive Cylindrical Roller Bearing Market Volume
8.7.1.3 India Automotive Cylindrical Roller Bearing Market Revenues & Volume, By Vehicle Types
8.7.1.4 India Automotive Cylindrical Roller Bearing Market Price Trend
8.8.1 India Automotive Spherical Roller Bearing Market Overview
8.8.1.1 India Automotive Spherical Roller Bearing Market Revenues
8.8.1.2 India Automotive Spherical Roller Bearing Market Volume
8.8.1.3 India Automotive Spherical Roller Bearing Market Revenues & Volume, By Vehicle Types
8.8.1.4 India Automotive Spherical Roller Bearing Market Price Trend
9 India Automotive Clutch Bearing Market Overview
9.1 India Automotive Clutch Bearing Market Revenues
9.2 India Automotive Clutch Bearing Market Volume
9.3 India Automotive Clutch Bearing OEM Market Revenues & Volume
9.4 India Automotive Clutch Replacement Bearing Market Revenues & Volume
9.5 India Automotive Clutch Bearing Market Revenues, By Vehicle Type
9.6 India Automotive Clutch Bearing Market Price Trend
10 India Automotive Bearing Market, Regional Overview
10.1 India Automotive Bearing Regional Market Revenue Share
10.2 India Automotive Bearing Regional Market Revenues
11 India Automotive Bearing Market Competitive Landscape
11.1 India Automotive Bearing Market Revenue Share, By Company
12 India Automotive Bearing Market Company Profile
12.1 SKF India Limited
12.2 ABC Bearings Ltd.
12.3 Timken India Ltd.
12.4 Tata Bearings Ltd.
12.5 Bimetal Bearings Ltd.
12.6 National Engineering Industries Limited
12.7 Austin Engineering Co. Ltd.
12.8 NRB Bearings Ltd.
12.9 FAG Bearings India Limited
12.10 INA Bearings India Pvt. Ltd.
13 Key Strategic Pointer
14 Disclaimer
List of Figures
Figure 1 Global Automotive Bearing Market Revenues, 2010-2014 ($ Billion)
Figure 2 Global Automotive Bearing Market Revenues, 2015E-2021F ($ Billion)
Figure 3 Global Automotive Bearing Market Revenue Share, By Region 2014
Figure 4 India Automotive Bearing Market Revenues, 2010-2014 ($ Million)
Figure 5 India Automotive Bearing Market Revenues, 2015E-2021F ($ Million)
Figure 6 India Automotive Bearing Market Volume, 2010-2014 (Million Units)
Figure 7 India Automotive Bearing Market Volume, 2015E-2021F (Million Units)
Figure 8 India Automotive Bearing OEM Market Revenues, 2010-2014 ($ Million)
Figure 9 India Automotive Bearing OEM Market Revenues, 2015E-2021F ($ Million)
Figure 10 India Automotive Bearing OEM Market Volume, 2010-2014 (Million Units)
Figure 11 India Automotive Bearing OEM Market Volume, 2015E-2021F (Million Units)
Figure 12 India Automotive Bearing Replacement Market Revenues, 2010-2014 ($ Million)
Figure 13 India Automotive Bearing Replacement Market Revenues, 2015E-2021F ($ Million)
Figure 14 India Automotive Bearing Replacement Market Volume, 2010-2014 (Million Units)
Figure 15 India Automotive Bearing Replacement Market Volume, 2015E-2021F (Million Units)
Figure 16 India Automotive Bearing Market Revenue Share (2014), By Bearing Type
Figure 17 India Automotive Bearing Market Revenue Share (2021), By Bearing Type
Figure 18 India Automotive Bearing Market Volume Share (2014), By Bearing Type
Figure 19 India Automotive Bearing Market Volume Share (2021), By Bearing Type
Figure 20 India Automotive Bearing Market Revenue Share (2014), By Vehicle Type
Figure 21 India Automotive Bearing Market Revenue Share (2021), By Vehicle Type
Figure 22 India Automotive Bearing Market Volume Share(2014), By Vehicle Type
Figure 23 India Automotive Bearing Market Volume Share(2021), By Vehicle Type
Figure 24 India Automotive Bearing Industry Life Cycle
Figure 25 India Automobile Sales, 2009-14 (‘000 Units)
Figure 26 India Automobile Domestic Sales Market Share (2014-15)
Figure 27 India Automotive Bearing Export Share, By Countries
Figure 28 India Automotive Ball Bearing Market Revenues, 2010-2014 ($ Million)
Figure 29 India Automotive Ball Bearing Market Revenues, 2015E-2021F ($ Million)
Figure 30 India Automotive Ball Bearing Market Volume, 2010-2014 (Million Units)
Figure 31 India Automotive Ball Bearing Market Volume, 2015E-2021F (Million Units)
Figure 32 India Automotive Ball Bearing OEM Market Revenues, 2010-2021F ($ Million)
Figure 33 India Automotive Ball Bearing OEM Market Volume, 2010-2021F (Million Units)
Figure 34 India Automotive Ball Bearing Replacement Market Revenues, By Replacement Market, 2010-2021F ($ Million)
Figure 35 India Automotive Ball Bearing Replacement Market Volume,) 2010-2021F (Million Units)
Figure 36 India Automotive Deep Groove Ball Bearing Market Revenues, 2010-2014 ($ Million)
Figure 37 India Automotive Deep Groove Ball Bearing Market Revenues, 2015E-2021F ($ Million)
Figure 38 India Automotive Deep Groove Ball Bearing Market Volume, 2010-2021F (Million Units)
Figure 39 India Automotive Deep Groove Ball Bearing Two-Wheeler Market Revenues & Volume, 2010-2021F
Figure 40 India Automotive Deep Groove Ball Bearing Three-Wheeler Market Revenues & Volume, 2010-2021F
Figure 41 India Automotive Deep Groove Ball Bearing Passenger Vehicle Market Revenues & Volume, 2010-2021F
Figure 42 India Automotive Deep Groove Ball Bearing Commercial Vehicle Market Revenues & Volume, 2010-2021F
Figure 43 India Automotive Deep Groove Ball Bearing Market Revenues & Volume, OTR, 2010-2021F
Figure 44 India Automotive Deep Groove Ball Bearing Market Price Trend, 2010-2021F ($ Per Unit)
Figure 45 India Automotive Angular Contact Ball Bearing Market Revenues, 2010-2014 ($ Million)
Figure 46 India Automotive Angular Contact Ball Bearing Market Revenues, 2015E-2021F ($ Million)
Figure 47 India Automotive Angular Contact Ball Bearing Market Volume, 2010-2021F (Million Units)
Figure 48 India Automotive Angular Contact Ball Bearing Two-Wheeler Market Revenues & Volume, 2010-2021F
Figure 49 India Automotive Angular Contact Ball Bearing Three-Wheeler Market Revenues & Volume, 2010-2021F
Figure 50 India Automotive Angular Contact Ball Bearing Passenger Vehicle Market Revenues & Volume, 2010-2021F
Figure 51 India Automotive Angular Contact Ball Bearing Commercial Vehicle Market Revenues & Volume, 2010-2021F
Figure 52 India Automotive Angular Contact Ball Bearing OTR Market Revenues & Volume, 2010-2021F
Figure 53 India Automotive Angular Contact Ball Bearing Market Price Trend, 2010-2021F ($ Per Unit)
Figure 54 India Automotive Wheel Hub Ball Bearing Market Revenues, 2010-2014 ($ Million)
Figure 55 India Automotive Wheel Hub Ball Bearing Market Revenues, 2015E-2021F ($ Million)
Figure 56 India Automotive Wheel Hub Ball Bearing Market Volume, 2010-2021F (Million Units)
Figure 57 India Automotive Wheel Hub Ball Bearing Two-Wheeler Market Revenues & Volume, 2010-2021F
Figure 58 India Automotive Wheel Hub Ball Bearing Three-Wheeler Market Revenues & Volume, 2010-2021F
Figure 59 India Automotive Wheel Hub Ball Bearing Passenger Vehicle Market Revenues & Volume, 2010-2021F
Figure 60 India Automotive Wheel Hub Ball Bearing Commercial Vehicle Market Revenues & Volume, 2010-2021F
Figure 61 India Automotive Wheel Hub Ball Bearing OTR Market Revenues & Volume, 2010-2021F
Figure 62 India Automotive Wheel Hub Ball Bearing Market Price Trend, 2010-2021F ($ Per Unit)
Figure 63 India Automotive Thrust Ball Bearing Market Revenues, 2010-2014 ($ Million)
Figure 64 India Automotive Thrust Ball Bearing Market Revenues, 2015E-2021F ($ Million)
Figure 65 India Automotive Thrust Ball Bearing Market Volume, 2010-2021F (Million Units)
Figure 66 India Automotive Thrust Bearing Ball Bearing Two-Wheeler Market Revenues & Volume, 2010-2021F
Figure 67 India Automotive Thrust Bearing Ball Bearing Three-Wheeler Market Revenues & Volume, 2010-2021F
Figure 68 India Automotive Thrust Bearing Ball Bearing Passenger Vehicle Market Revenues & Volume, 2010-2021F
Figure 69 India Automotive Thrust Bearing Ball Bearing Commercial Vehicle Market Revenues & Volume, 2010-2021F
Figure 70 India Automotive Thrust Bearing Ball Bearing OTR Market Revenues & Volume, 2010-2021F
Figure 71 India Automotive Thrust Ball Bearing Market Price Trend, 2010-2021F ($ Per Unit)
Figure 72 India Automotive Roller Bearing Market Revenues, 2010-2014 ($ Million)
Figure 73 India Automotive Roller Bearing Market Revenues, 2015E-2021F ($ Million)
Figure 74 India Automotive Roller Bearing Market Volume, 2010-2014 (Million Units)
Figure 75 India Automotive Roller Bearing Market Volume, 2015E-2021F (Million Units)
Figure 76 India Automotive Roller Bearing OEM Market Revenues, 2010-2021F ($Million)
Figure 77 India Automotive Roller Bearing OEM Market Volume, 2010-2021F (Million Units)
Figure 78 India Automotive Roller Bearing Replacement Market Revenues, 2010-2021F ($Million)
Figure 79 India Automotive Roller Bearing Replacement Market Volume, 2010-2021F (Million Units)
Figure 80 India Automotive Taper Roller Bearing Market Revenues, 2010-2014 ($ Million)
Figure 81 India Automotive Taper Roller Bearing Market Revenues, 2015E-2021F ($ Million)
Figure 82 India Automotive Taper Roller Bearing Market Volume, 2010-2021F (Million Units)
Figure 83 India Automotive Taper Roller Bearing Passenger Vehicle Market Revenues & Volume, 2010-2021F
Figure 84 India Automotive Taper Roller Bearing Commercial Vehicle Market Revenues & Volume, 2010-2021F
Figure 85 India Automotive Taper Roller Bearing OTR Market Revenues & Volume, 2010-2021F
Figure 86 India Automotive Taper Roller Bearing Market Price Trend, 2010-2021F ($ Per Unit)
Figure 87 India Automotive Needle Roller Bearing Market Revenues, 2010-2014 ($ Million)
Figure 88 India Automotive Needle Roller Bearing Market Revenues, 2015E-2021F ($ Million)
Figure 89 India Automotive Needle Roller Bearing Market Volume, 2010-2021F (Million Units)
Figure 90 India Automotive Needle Roller Bearing Two-Wheeler Market Revenues & Volume, 2010-2021F
Figure 91 India Automotive Needle Roller Bearing Three-Wheeler Market Revenues & Volume, 2010-2021F
Figure 92 India Automotive Needle Roller Bearing Passenger Vehicle Market Revenues & Volume, 2010-2021F
Figure 93 India Automotive Needle Roller Bearing Commercial Vehicle Market Revenues & Volume, 2010-2021F
Figure 94 India Automotive Needle Roller Bearing OTR Market Revenues & Volume, 2010-2021F
Figure 95 India Automotive Needle Roller Bearing Market Price Trend, 2010-2021F ($ Per Unit)
Figure 96 India Automotive Cylindrical Roller Bearing Market Revenues, 2010-2014 ($ Million)
Figure 97 India Automotive Cylindrical Roller Bearing Market Revenues, 2015E-2021F ($ Million)
Figure 98 India Automotive Cylindrical Roller Bearing Market Volume, 2010-2021F (Million Units)
Figure 99 India Cylindrical Roller Bearing Market Revenues & Volume, Passenger Vehicle, 2010-2021F
Figure 100 India Cylindrical Roller Bearing Market Revenues & Volume, Commercial Vehicle, 2010-2021F
Figure 101 India Cylindrical Roller Bearing Market Revenues & Volume, OTR, 2010-2021F
Figure 102 India Automotive Cylindrical Roller Bearing Market Price Trend, 2010-2021F ($ Per Unit)
Figure 103 India Automotive Spherical Roller Bearing Market Revenues, 2010-2014 ($ Million)
Figure 104 India Automotive Spherical Roller Bearing Market Revenues, 2015E-2021F ($ Million)
Figure 105 India Automotive Spherical Roller Bearing Market Volume, 2010-2021F (Million Units)
Figure 106 India Spherical Roller Bearing Market Revenues & Volume, Passenger Vehicle, 2010-2021F
Figure 107 India Spherical Roller Bearing Market Revenues & Volume, Commercial Vehicle, 2010-2021F
Figure 108 India Spherical Roller Bearing Market Revenues & Volume, OTR, 2010-2021F
Figure 109 India Automotive Spherical Roller Bearing Market Price Trend, 2010-2021F ($ Per Unit)
Figure 110 India Automotive Clutch Bearing Market Revenues, 2010-2014 ($ Million)
Figure 111 India Automotive Clutch Bearing Market Revenues, 2015E-2021F ($ Million)
Figure 112 India Automotive Clutch Bearing Market Volume, 2010-2021F (Million Units)
Figure 113 India Automotive Clutch Bearing OEM Market Revenues, 2010-2021F ($Million)
Figure 114 India Automotive Clutch Bearing OEM Market Volume, 2010-2021F (Million Units)
Figure 115 India Automotive Clutch Bearing Replacement Market Revenues, 2010-2021F ($Million)
Figure 116 India Automotive Roller Clutch Replacement Market Volume, 2010-2021F (Million Units)
Figure 117 India Clutch Bearing Two-Wheeler Market Revenues & Volume, 2010-2021F
Figure 118 India Clutch Bearing Three-Wheeler Market Revenues & Volume, 2010-2021F
Figure 119 India Clutch Bearing Passenger Vehicle Market Revenues & Volume, 2010-2021F
Figure 120 India Clutch Bearing Commercial Vehicle Market Revenues & Volume, 2010-2021F
Figure 121 India Clutch Bearing OTR Market Revenues & Volume, 2010-2021F
Figure 122 India Automotive Clutch Bearing Market Price Trend, 2010-2021F ($ Per Unit)
Figure 123 India Automotive Bearing Regional Market Revenue Share, 2014 & 2021F
Figure 124 India Automotive Bearing Market Revenue Share, By Companies (2014)
List of Tables
Table 1 India Automotive Bearing Regional Market Revenues, 2010-2014 ($ Million)
Table 2 India Automotive Bearing Regional Market Revenues, 2015E-2021F ($ Million)
Table 3 SKF India Ltd. Financial Statement, 2011-2014 ($ Million)
Table 4 ABC Bearings Ltd. Financial Statement, 2011-2014 ($ Million)
Table 5 Timken India Ltd. Financial Statement, 2011-2014 ($ Million)
Table 6 Austin Engineering Co. Ltd. Financial Statement, 2011-2014 ($ Million)
Table 7 NRB Bearings Ltd. Financial Statement, 2011-2014($ Million)
Table 8 FAG Bearings India Ltd. Financial Statement, 2011-2014($ Million
India's automotive sector is amongst one of the leading automotive sectors globally. India's Automotive Bearing market is expected to grow on account of the expected entry of new vehicle manufacturers in the country, resulting in a surging market for organized bearing players. Also, increasing exports for locally manufactured vehicles in various countries has further fueled the demand for automotive bearings.
According to 6Wresearch, the India Automotive Bearing market is projected to touch $1.2 billion by 2021. In India's automotive bearing market, the ball bearing segment has generated the majority of market revenue and volume. The wide deployment of these bearings in two-wheeler and passenger vehicle segments has resulted in its market dominance.
Amongst vehicle types, the four-wheeler market as the leading revenue generating end-user segment in the bearing market, where major demand is witnessed from the northern, southern, and western regions of the country.
The report thoroughly covers the market by automotive bearing by types, vehicle types, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.