Zion Market Research Global Automotive Engine Bearings Market, 2016–202 | Page 3

Automotive Engine Bearings Market
Global Automotive Engine Bearings Market: Segmentation
The global automotive engine bearings market is segmented into its sales channel, product type,
and vehicle type. Based on the sales channel, the global market is segregated into independent
suppliers and original equipment manufacturers. Depending on the product type, the market is
divided into plain bearings, ball bearings, roller bearings, and others. On the basis of the vehicle
type, the market is categorized into light commercial vehicles, two-wheelers, passenger cars,
and heavy commercial vehicles.
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Global Automotive Engine Bearings Market: Growth Factors
The overall advancement in the automotive sector is the prime reason that contributes to the
growth of the market. In the developing countries, the changing living standards and the
growing disposable incomes have made it possible for the consumers to use vehicles, which for
the effective use of the automobiles have the complete aftermarket products fitted.
Furthermore, there has been an increase in the production of automobiles which in turn has
fuelled the growth of the automotive engine bearings market in the coming years.
Developments are being made in the technology and researchers are focusing on producing
strong materials that are able to uphold more load will boost the growth of the automotive
engine bearings market. The automotive engine bearings replacement rate is high and thus the
aftermarket of automotive hold an important share in the market.