Global Automotive Bearing Market Analysis And Segment Forecasts To 2023

According to Stratistics MRC, the Global Automotive Bearing Market is accounted for $180.81 billion in 2016 and is expected to reach $295.36 billion by 2023 growing at a CAGR of 7.3% during the forecast period. Increasing demand for passenger cars and commercial vehicles, rising vehicle manufacture and growing average period of vehicles are some of the key factors fueling the market growth. However, volatility raw material costs, increasing participation of OEMs in the Aftermarket are hindering the growth of the market. Future demand for individual labelling provides ample of opportunities for market growth.

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By bearing type, Ball bearings are the used on a large scale in numerous applications owing to their load bearing capacity, strength, wear resistance and overall performance. Bearings are used in different vehicle types. Other major ball bearing types include angular contact ball bearings, self-aligning ball bearings, thrust ball bearings and automotive wheel hub ball bearing units. Bearings are utilized for a range of automotive applications that contains wheel center point, interior, motor, and transmission system.

By Geography, Asia Pacific is expected to grow at the highest CAGR during the forecast period attributed to the increasing demand for Automotive Bearing. North America accounted for the largest market share in the bearings sector and is expected to maintain its dominance throughout the forecast period.

Some of the key players in Automotive Bearing market include Wafangdian Bearing Group Corp, Timken Company, Svenska Kullagerfabriken AB, SNL Bearings Ltd., Schaeffler AG., RKB Bearings, RBC Bearings, ORS Bearings, NTN Corporation, NSK Ltd., Nachi Fujikoshi Corp., Minebea Co., Ltd., Jtekt Corporation, CW Bearing, C&U Bearing and Iljin Bearing Co., Ltd.

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Raw Materials Covered:
Solid Polymer
Fiber Reinforced Composite
Metal Polymer
Other Raw Materials

Channel Types Covered:
Original Equipment Manufacturer
Aftermarket

Vehicle Types Covered:
Commercial Vehicles
Passenger Cars
Two-Wheeler

Bearing Types Covered:
Roller Bearings
Fluid Bearings
Plain Bearings
Clutch Bearings
Ball Bearings
Other Bearing Types

Applications Covered:
Engine
Wheel Hub
Transmission System
Interior
Other Applications

Regions Covered:
North America
US
Canada
Mexico
urope
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Major Points From The Table Of Contents:

Executive Summary
Preface
Market Trend Analysis
Porters Five Force Analysis
Global Automotive Bearing Market, By Raw Material
Global Automotive Bearing Market, By Channel Type
Global Automotive Bearing Market, By Vehicle Type
Global Automotive Bearing Market, By Bearing Type
Global Automotive Bearing Market, By Application
Global Automotive Bearing Market, By Geography
Key Developments

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