Rapid Economic Growth & Rapid Urbanization to Drive the Market for Automotive Bearing

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Automotive Bearing Market by Bearing type (Ball
bearing, Roller bearing and others), Application,
Vehicle type (PC, LCV, HCV and Two-wheelers),
Region, and by Aftermarket (Region, Vehicle type
and Application) - Trends Forecasts to 2020
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Bearings are used for a variety of automotive
applications that include wheel hub, interior,
engine, and transmission system. The major
factors driving the market are increasing
production of vehicles, increasing demand from
the developing countries, and increasing demand
for technologically advanced solutions. This
report classifies and defines the global
automotive bearing market in terms of volume
value. This report provides comprehensive
analysis and insights on the global automotive
bearing market for both - qualitative and
quantitative. It highlights potential growth
opportunities in the coming years as well as it
also covers review of the - market drivers,
restraints, growth indicators, challenges,
legislation trends, market dynamics, competitive
landscape, and other key aspects of the global
automotive bearing market. This report also has a
section on off-highway vehicle bearing market
outlook and what steps are taken by the bearing
manufacturers and associations to counter the
counterfeit market. PDF Brochure
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Asia-Pacific The largest and fastest growing in
automobile bearing market The automotive industry
in Asia-Pacific region is on positive growth
trend, the automobile production has witnessed a
CAGR of 7.94 from 2008 to 2013. This market is
more livelier than the matured Europe and North
America due to the cost advantage and substantial
population. The region has emerged as a hub for
automotive production, OEMs, and suppliers have
set up production facilities to cater to the
growing demand of the market, which in turn has
propelled the demand for automotives in this
region. In the countries like China and India
provides an encouraging government policies
favouring automotive industry. The new government
in India has come up with the MAKE IN INDIA
campaign which allows 100 FDI in the auto sector
which is a boost for the foreign as well as the
local automotive manufactures.  OEMs in this
region are not only catering to their local
demands, but are also serving developed markets
as well through exports. This helps them to
remain globally competitive. Request for
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North America Stable demand for automotive
bearings The North American region is dominated
by domestic OEMs such as Ford Motors Co., General
Motors Co., and Fiat-Chrysler Automotive, along
with established European and Japanese OEMs. From
the 3 countries, the U.S. alone has 32
manufacturing facilities dedicated to vehicle
production which produce more than 5 million
vehicles. In 2013, the U.S. witnessed a 29
increase in sales year-over-year from 2012
reaching to 7.5 Million vehicle sales. Thus, the
growing market reflects increasing opportunities
for bearing manufactures as well as other auto
parts manufactures. Request Sample _at_
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Europe Slowly reviving market The European
automotive industry is a mature industry. The
region is home for many dominant OEMs in
automotive sector such as BMW AG, Daimler AG,
Fiat and PSA/Peugeot-Citroen, and Volkswagen
Group. Europe has witnessed a slump in production
owing to the economic debt crisis and increasing
competition from emerging markets such as
Asia-Oceania and RoW. The European market is
recovering from crisis which has led to the
growth in the production levels of passenger
cars, light commercial vehicles, and heavy
commercial vehicles, which is creating a demand
for bearings in this region. The report covers
the bearing market in terms of volume value.
The market size in terms of volume is provided
from 2013 to 2020 in units, whereas the value of
the market is provided in million. The
Automotive Bearing market is broadly classified
by geography (Asia-Pacific, Europe, North
America, and RoW), by vehicle type (PC, LCV, HCV
Two-Wheelers), by bearing type (Roller bearing,
Ball bearing and others), by Aftermarket (by
region, by vehicle type and by application). Spea
k to analyst _at_ https//www.marketsandmarkets.com/s
peaktoanalyst.asp?id105500470
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Market Ecosystem The report covers the
automotive bearing market in terms of volume
value. The market size in terms of volume is
provided from 2013 to 2020 in units, whereas the
value of the market is provided in million. The
global automotive bearing market is broadly
classified by geography (Asia-Pacific, Europe,
North America, and RoW), by vehicle type (PC,
LCV, HCV Two-Wheelers), by bearing type (Roller
bearing, Ball bearing and others), by Aftermarket
(by region, by vehicle type and by
application). Buy Now https//www.marketsand
markets.com/Purchase/purchase_report1.asp?id10550
0470
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Browse gtgt 88 market data
tables 70 figures
182 pages and in-depth TOC Automotive
Bearing Market by Bearing type (Ball bearing,
Roller bearing and others), Application, by
Vehicle type (PC, LCV, HCV and Two-wheelers),
Region, and by Aftermarket (Region, Vehicle type
and Application) - Trends Forecasts to
2020 Early buyers will receive 10
customization on this report. This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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