Increase in Adoption of Additive Manufacturing is a Key Trend Gaining Market Momentum
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The bearings market in India is forecasted to grow by USD 853.9 million during 2024-2029, accelerating at a CAGR of 3.2% during the forecast period. The report on the bearings market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in focus on automation, increasing demand for bearings from heavy industries, and increasing production of electric vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The bearings market in India is segmented as below:
By End-user
- Automotive industry
- Heavy industry
- ARS industry
- Others
By Product
- Anti-friction bearings
- Magnetic bearings
- Others
By Product Type
- Ball bearings
- Roller bearings
- Plain bearings
- Others
By Geographical Landscape
- APAC
The report on the bearings market in India covers the following areas:
- Bearings Market in India sizing
- Bearings Market in India forecast
- Bearings Market in India industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by End-user
9 Market Segmentation by Product
10 Market Segmentation by Product Type
11 Customer Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the bearings market in india: AB SKF, Adarsh Bearings Pvt. Ltd., ARB Bearing, Bearing Manufacturing India, DCM Ltd., KG BEARIING INDIA LLP, MBP BEARINGS PVT. LTD., MENON BEARINGS LTD., Nishan Bearings Co., NRB Bearings Ltd., NSK Ltd., NTN Corp., Schaeffler AG, Sneha Bearings and Engineering LLP, SNL Bearings Ltd., SRIJI GOPALJI INDUSTRIES PVT LTD., The Timken Co., Turbo Bearings Pvt. Ltd, Vikash Industries, and Vimal Bearings.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in adoption of additive manufacturing."
According to the report, one of the major drivers for this market is the increase in focus on automation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB SKF
- Adarsh Bearings Pvt. Ltd.
- ARB Bearing
- Bearing Manufacturing India
- DCM Ltd.
- KG BEARIING INDIA LLP
- MBP BEARINGS PVT. LTD.
- MENON BEARINGS LTD.
- Nishan Bearings Co.
- NRB Bearings Ltd.
- NSK Ltd.
- NTN Corp.
- Schaeffler AG
- Sneha Bearings and Engineering LLP
- SNL Bearings Ltd.
- SRIJI GOPALJI INDUSTRIES PVT LTD.
- The Timken Co.
- Turbo Bearings Pvt. Ltd
- Vikash Industries
- Vimal Bearings
