ReportsnReports.com adds report Global Automotive Bearing Market 2014-2018 to its store.Global Automotive Bearing market to grow at a CAGR of 7.42 percent over the period 2013-2018. One of the key factors contributing to this market growth is the growing Global Motorcycle market. The Global Automotive Bearing market has also been witnessing the increasing development of integrated bearings. However, the ongoing financial crisis in Europe could pose a challenge to the growth of this market.
One of the emerging trends in the Global Automotive Bearing market is the increasing development of integrated bearings, which are bearings without a surface. In these types of bearings the surrounding parts work as an integral part of the bearing design. Many bearings manufacturers are developing integrated bearings to reduce the number of components in the final assembled product. Also, these integrated bearings help to reduce equipment costs because they are more reliable, easy to install, and weigh less than other types of bearings.
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According to the report, one of the main drivers in this market is the growing Global Motorcycle market. The increasing demand for motorcycles has direct positive influence on the demand for automotive bearings resulting in the growth of the Global Automotive Bearing market.
Further, the report states that one of the main challenges in this market is the recent financial crisis in Europe, which has affected the overall sales of automobiles and in turn, the Global Automotive Bearing market.Global Automotive Bearing Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC and the EMEA regions, and the Americas; it also covers the Global Automotive Bearing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are NSK Ltd., Schaeffler Technologies AG & Co. KG, Svenska Kullagerfabriken AB, and Timken Co.
Other vendors mentioned in the report are C&U Group, Harbin Bearing Manufacturing Co. Ltd., JTEKT Corp., Minebea Co. Ltd., Nachi-Fujikoshi Corp., NTN Corp., Wafangdian Bearing Group Corp, and Xiangyang Automobile Bearing Co. Ltd.
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Key questions answered in this report:
- What will the market size be in 2018 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?
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