DUBLIN--(BUSINESS WIRE)--Jun 14, 2018--The "Automotive Bearing - Global Market Outlook (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

The Global Automotive Bearing Market accounted for $180.81 billion in 2016 and is expected to reach $295.36 billion by 2023 growing at a CAGR of 7.3% during the forecast period.

Increasing demand for passenger cars and commercial vehicles, rising vehicle manufacture and growing average period of vehicles are some of the key factors fueling the market growth. However, volatility raw material costs, increasing participation of OEMs in the Aftermarket are hindering the growth of the market. Future demand for individual labelling provides ample of opportunities for market growth.

By geography, Asia Pacific is expected to grow at the highest CAGR during the forecast period attributed to the increasing demand for Automotive Bearing. North America accounted for the largest market share in the bearings sector and is expected to maintain its dominance throughout the forecast period.

What the report offers:

Market share assessments for the regional and country level segments Market share analysis of the top industry players Strategic recommendations for the new entrants Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) Strategic recommendations in key business segments based on the market estimations Competitive landscaping mapping the key common trends Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements

Segments Covered

Raw Materials

Solid Polymer Fiber Reinforced Composite Metal Polymer Other Raw Materials

Channel Types

Original Equipment Manufacturer Aftermarket

Vehicle Types

Commercial Vehicles Passenger Cars Two-Wheeler

Bearing Types

Roller Bearings Fluid Bearings Plain Bearings Clutch Bearings Ball Bearings Other Bearing Types

Applications

Engine Wheel Hub Transmission System Interior Other Applications

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Automotive Bearing Market, By Raw Material

6 Global Automotive Bearing Market, By Channel Type

7 Global Automotive Bearing Market, By Vehicle Type

8 Global Automotive Bearing Market, By Bearing Type

9 Global Automotive Bearing Market, By Application

10 Global Automotive Bearing Market, By Geography

11 Key Developments

12 Company Profiling

Wafangdian Bearing Group Corp Timken Company Svenska Kullagerfabriken AB SNL Bearings Ltd. Schaeffler AG. RKB Bearings RBC Bearings ORS Bearings NTN Corporation NSK Ltd. Nachi Fujikoshi Corp. Minebea Co. Ltd. Jtekt Corporation CW Bearing C&U Bearing Iljin Bearing Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/rrdpbt/global_automotive?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180614006099/en/

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Related Topics:Automotive Commodities ,Suspension Systems and Components

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING AUTOMOTIVE GENERAL AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/14/2018 02:55 PM/DISC: 06/14/2018 02:55 PM

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