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Bearing Market in India 2015-2019

Bearing Market in India 2015-2019

About bearings

Bearings are highly engineered machine elements that reduce energy loss induced by friction in the rotary motion parts of various equipment and machinery. There are different types of bearings, including ball bearings, roller bearings, and plain bearings.

As the automotive and general engineering sectors continue to gain more prominence in India, industries in the country have started purchasing and installing more expensive equipment to enhance their overall operational paradigm and ensure better efficiency in their day-to-day operations.

The prospects of market growth of bearings is closely linked to growth in the production of high-performance industrial equipment and machinery.

Technavio's analysts forecast the bearings market in India to grow at a CAGR of 12.03% during 2014-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the bearings market in India for 2015-2019. For ascertaining the market size and vendor share the report considers the revenue obtained from the sales of bearing products.

Technavio's report, Bearings Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • NBR Bearings
  • Schaeffler Technologies
  • SKF
  • Timken Company Global Corporation
Other prominent vendors
  • ABC Bearing
  • Austin Engineering Company
  • Bimetal Bearing
  • Menon Bearing
  • SNL Bearings
Market driver
  • Growth of automotive industry
  • For a full, detailed list, view our report
Market challenge
  • Counterfeit products
  • For a full, detailed list, view our report
Market Trend
  • Emergence of sensor bearing units
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Bearing Market in India 2015-2019

Technavio recognizes the following companies as the key players in the Bearing Market in India 2015-2019:

Other Prominent Vendors in the market are: Menon Bearing, Bimetal Bearing, ABC Bearing, SNL Bearings and Austin Engineering Company

Commenting on the report, an analyst from Technavio’s team said: “Leading bearing manufacturers in India are investing significantly in R&D to foster more innovative designs and effectively position and differentiate themselves from the larger market. Enhancement of inherent characteristics of various types of bearings and developing of high-performance bearings has become the primary focus areas of key market leaders such as SKF.”

According to the report, the demand for bearings and other precision components used in aircraft engines will favor the growth of the bearings market. The emergence of innovative technologies has fueled the development of high-performance bearings used in aircraft and aerospace systems.

Further, the report states that manufacturers of bearings require raw materials such as ceramics, chrome steel, and stainless steel. The cost of these raw materials is increasing rapidly and can have a major impact on the operational costs of the company.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Segmentation of bearing market in India
      • Table Segmentation of Bering Market in India by Types
      • Table Segmentation of bearing market in India by end-users
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Bearing market in India by product types
  • Market landscape
    • Market size and forecast
      • Table Bearing market in India 2014-2019 ($ millions)
    • Five forces analysis
  • Market segmentation by product
    • Bearing market in India by product 2014-2019
      • Table Bearing market in India by product 2014-2019 ($ millions)
    • Ball bearing market in India
      • Table Types of ball bearings
      • Table Ball bearing market in India 2014-2019 ($ millions)
    • Taper roller bearing market in India
      • Table Taper roller bearing market in India
    • Others segment
      • Table Others bearing market in India 2014-2019 ($ millions)
  • Market segmentation by end-users
    • Bearing market in India by end-users 2014-2019
      • Table Bearing market in India by end-users 2014-2019
    • Bearing market in India by automotive sector
      • Table Bearing market in India by automotive sector 2014-2019 ($ millions)
    • Bearing market in India by general engineering sector
      • Table Bearing market in India by general engineering sector 2014-2019 ($ millions)
    • Bearing market in India by heavy machine sector
      • Table Bearing market in India by heavy machine sector 2014-2019 ($ millions)
    • Bearing market in India by electrical equipment and others sector
      • Table Bearing market in India by electrical equipment and others sector 2014-2019 ($ millions)
  • Market segmentation by source
    • Bearing market in India by source 2014-2019
      • Table Bearing market in India by source 2014-2019
    • Bearing market in India by organized markets
      • Table Bearing market in India by organized markets 2014-2019 ($ millions)
    • Bearing market in India by unorganized markets
      • Table Bearing market in India by unorganized markets 2014-2019 ($ millions)
    • Bearing market in India by imports
      • Table Bearing market in India by imports 2014-2019 ($ millions)
      • Table Bearing imports - India
  • Market growth drivers
    • Table Key facts of automotive industry in India
    • Table Key facts of renewable energy sector in India
  • Drivers and their impact
  • Market Challenges
  • Impact of drivers and challenges
  • Market Trends
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors
    • Other Prominent Vendors
    • SKF
    • Schaeffler
    • Timken
    • NRB Industrial
    • List of abbreviations
  • Explore Technavio

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