This report identifies and provides detailed overview of the top import markets for Ball & Roller bearings in world with relevant data regarding the import trends in respective countries along with country economic profile, major supplier countries to respective import markets, major importers in respective countries, industry contacts and sources for useful information for each of the market. Apart from the top 10 import potential markets for bearings, IKON have analyzed and identified new emerging markets to help and guide the bearing manufacturing companies and exporters to venture into new lucrative markets. Not only the report identify areas of business interest for bearing companies, exporters, bearing traders but also serve as an industry guide for senior level decision makers, analysts, industry observers and marketing professionals.
The report begins with the market segments of bearing under which bearing is being traded globally followed by the global market outlook covering the value and volume wise export and import of bearing. Chapter 3 identifies the top 10 import potential markets for bearing. Each market is analyzed in the light of its economic profile, import trends; major export collaborates and provided with the major importers, industry contacts and sources for useful information. Chapter 4 identifies the new emerging markets for the export of bearing. However, in terms of value these markets are small but shown remarkable growth in import of bearing during last year and according to IKON Marketing Consultants, it may continue to grow in coming years. These countries can be new target markets as less focused by competitors.
According to research by IKON Marketing Consultants, worldwide import of Ball & Roller Bearings grew by 28% in 2010 as compared to previous year reached at US$ 30240.13 million. The highest bearing importing regions are Asia, Latin America and (to a lesser extent) Africa/Mideast. In case of export, mainly European countries are dominating world market. Europe is the only region enjoys a remarkable share in almost every country’s import of Bearings.
The report is useful for:
- Understanding and scanning the world market for identifying global market expansion opportunities
- Getting insights of right target market & venturing into new emerging markets
- Analyzing competition at global level and identify the country competitive advantage
- Developing International marketing strategy and plan
- Having list of major importers and industry contacts
