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Automotive Bearing Market 2019
Automotive Bearing Market 2019, is latest research report by MarketResearchFuture, the
global Automotive Bearing market is expected to Register High Growth Rate during 2019 To
2022. Report analyzes Automotive Bearing Market Key Companies with Size, Share, Trends
analysis, and Key Country Forecast to 2022. Automotive Bearing Market Information is
segmented by Type (Ball Bearings, Roller Bearings, Plain Bearings, Thrust Bearings, and Others),
by Vehicle Type (2-Wheeler, Passenger, and Commercial), and by Region - Forecast to 2022
Key Players
The key players of Global Automotive Bearing Market report include- Schaeffler AG., Jtekt
Corporation, NTN Corporation, Iljin Bearing Co., Ltd., Timken Company, Svenska
Kullagerfabriken AB, RKB Bearings, Timken Company, ORS Bearings, and CW Bearing.
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Market Scenario
Automotive bearing system is used to enable the rotational and linear motion and also reduces
the friction in the vehicles. The specialty of the bearing differs as per the vehicle it is used in
such as, heavy vehicles demands bearings to be rigid enough to carry heavy weight and give
trouble free and smooth operations. As per trend, ceramic and white metal alloy ball bearings
are expected to capture the market for automotive bearing as these are lightweight and will
enhance the product quality by reducing the friction and energy consumption during the
operations. Moreover, increasing demand for the vehicles and technological advancement are
driving the automotive bearing market. The global automotive bearing market is expected to
show a growth at CAGR of about 6% from 2016 to 2022.
Regional Analysis of Global Automotive Bearing Market
Asia-Pacific is the major regions for the automotive bearing market. Asia-Pacific is expected to
show significant growth in automotive bearing market. Emerging economies like China, India,
are expected to drive the market due to increasing demand for vehicles, increasing individual’s
disposable income & purchasing power is expected to drive the market for automotive bearing.
Developed regions such as North America and Europe will show the static growth for the
automotive bearing market.
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