Future of Automotive Bearing Market During 2018-23

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Automotive Bearing Market - Trends Forecasts to
2020
www.MarketsandMarkets.com
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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 In
the coming years, the demands for automotive
bearings are estimated to be on rise in the
countries of Asia-Pacific, mainly in China,
India, and Japan. Moreover, with 1/3rd of the
world population in countries of China and India,
the demand for vehicles, especially passenger
cars and two-wheelers are also on the rise, which
in turn increases the demand for automotive
bearings in these countries.  PDF Brochure _at_
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id105500470

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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.
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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. RequestSample_at_
https//www.marketsandmarkets.com/requestsample.as
p?id105500470
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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.
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Browse gtgt 88 market data
tables 70 figures
182 pages and in-depth TOC on
Automotive Bearing Market Trends
Forecasts to 2020 Early buyers will receive 10
customization on this report. This is a Premium
Report Priced at US 5650 for single
user. Corporate User US8150 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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