Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Automotive Bearing Market Research Report - | Page 2

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.
Industry/ Innovation/ Related News:
Aug, 2017 - Schaeffler India announced merger of its units INA Bearings and LuK India for
improving cost and supply-side efficiencies. The key objective of the merger is to combine the
strengths and competencies of all three Schaeffler entities here and establish one strong listed
Schaeffler entity.
Sep, 2017- Schaeffler significantly expands its standard rolling bearing business with high
investments in production capacities for FAG Generation C deep groove ball bearings. This will
help to satisfy the high level demand for standard deep groove ball bearings, especially from
China and the Asia/Pacific region, and help in meeting the specific requirements of this high-
volume business in an optimum way.
Jan, 2013- RKB enhanced its range of WOR bearings. The RKB spherical roller bearings WOR
series, with wider outer ring, were developed and engineered to accommodate large angular
deflection between mixing drum and driving gear in case of misalignment.
October, 2009- JTEKT Corporation has developed a low-torque ball bearing for use in oil
lubrication that improves automotive fuel efficiency. Many oil-lubrication ball bearings are used
in the motor-support areas of hybrid vehicle transmissions and the gear-support areas of
automotive automatic transmissions, manual transmissions, and continuously variable
transmissions.
Jul,2008- Iljin Bearing Co announced the grand opening of its second plant in China. The new
wheel bearing plant in Tianjin, China, supplies wheel bearings to Shanghai GM in Shanghai,
Chery Automotive in Wuhu and BBDC in Beijing. The facility includes forging and machining
operations for production of the company's Gen. 2 and Gen. 3 double-row, angular-contact ball
bearings.
The report for Global Automotive Bearing Market of Market Research Future comprises of
extensive primary research along with the detailed analysis of qualitative as well as quantitative
aspects by various industry experts, key opinion leaders to gain the deeper insight of the
market and industry performance. The report gives the clear picture of current market scenario
which includes historical and projected market size in terms of value and volume, technological