Albany, NY -- (SBWire) -- 07/27/2017 --Automotive turbocharger bearings are mainly used for ensuring effective and frictionless functioning of the turbocharger. They are basically a set of smooth hardened circular balls or tapered rollers supplied by oil and held within a hard metal ring able to withstand heavy loads and facilitate frictionless rotation of the shaft. The automotive turbocharger bearings market is segmented into passenger cars, light commercial vehicles, and medium and heavy commercial vehicles.
The global automotive turbocharger bearings market to grow at a CAGR of 10.15% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive turbocharger bearings market for 2017-2021. To calculate the market size, the report considers new installations, sales, and volume.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Automotive Turbocharger Bearings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
NSK
NTN Bearing
Schaeffler
Other prominent vendors
JTEKT
THE TIMKEN COMPANY
SKF
ZOLLERN GmbH & Co.
Honeywell International
BorgWarner
Market driver
Increasing sales of SUV and crossover models of passenger cars
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Market challenge
Increased wage rates in China to increase prices of automotive turbocharger bearings
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Market trend
Antifriction automotive turbocharger bearings
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Automotive Turbocharger Bearings Market to Grow at CAGR of 10.15% Between 2017-2021 : Passenger Cars, Light Commercial Vehicles, and Medium and Heavy Commercial Vehicles
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