Indian Bearings Market: Industry Analysis Research Report

ResearchMoz include new market research report"Indian Bearings Market: Industry Analysis, Size, Share, Growth, Trends And Forecast" to its huge collection of research reports.

Logo

Albany, NY -- (SBWire) -- 05/07/2014 --The report entitled “Indian Bearings Market – An Analysis” provides an insight into the bearings sector in India with a special focus on sub-segments like ball bearings and roller bearings. The report also includes the production, market value, segmentation on various parameters and distribution structure of overall bearings sector. It also discusses key growth drivers, trends and major challenges faced by bearings industry in India. Further, key manufacturers of bearings like SKF India, FAG India, Timken India, NRB India, NBC, ABC India Ltd, TATA bearings are profiled in the report.

View Full Report With Complete TOC at http://www.researchmoz.us/indian-bearings-market-an-analysis-report.html

Research Methodology

A separate section on price comparison of different types of bearings has been included in the report. There are wide range of bearings that are available in the market according to sizes and their usage in end-use applications and their prices vary accordingly. In the pricing analysis section, we have compared bearing prices that are produced indigenously by domestic players to that of products supplied by other foreign players (European, Japanese and Chinese) in the Indian market through imports.

Deeper insights on industry and price quotes were mainly obtained through primary research. Primary research included sending E-Mails to the distributors/suppliers and telephonic conversation with experts and company executives. Bearings were segregated on the basis of their series code and then a comparison was made between local and foreign brands. It was then concluded that most of the foreign brands (European, Japanese) were high priced compared to domestic brands due to superior quality and import duties. The Chinese brands were an exception as they were cheaper and proving a big threat to the domestic manufacturers.

Browse Other Published Reports By Koncept Analytics at http://www.researchmoz.us/publisher/koncept-analytics-24.html

Segment Coverage

Ball Bearings
Roller Bearings
Parts of Bearings
Bearing Housings
Parts of Bearing Housings

Company Coverage

SKF India
FAG Bearings India Ltd
NRB Bearings
ABC Bearings
Timken India Limited
TATA Bearings
Menon Bearings Ltd
NBC Bearings/NEI Ltd

Executive Summary

Bearings are components that reduce friction and enhance motion between objects. Known as anti-friction components, they are widely used in automobiles, pumps, gear boxes, heavy earth moving equipments and industries. The growth of the bearing industry is directly correlated with the automotive and industrial sectors. The domestic sale of bearings produced in India recorded a decline of 1.5% in 2012-2013 over previous year while the production value fell by 0.5% during the same period. The decline was on account of continued pressure of inflation, fiscal imbalances and high interest rates. Also, commercial vehicle production one of the largest consumer of bearings experienced a steep downfall in the same period.

Browse All India Market Research Reports at http://www.researchmoz.us/india.htm

A major portion of bearings market in India is unorganized that caters to the low-end replacement market. A significant percentage of bearings are imported from countries like Germany, Japan, China, Singapore, Sweden, France and Italy. The demand for the bearings is derived from two key user segments - the automotive and industrial sectors. The industrial market is larger than the automobile market in value terms. Total exports of bearings (ball and roller) declined by both value and volume terms in 2012-2013 compared to previous fiscal year. The slowdown in exports was on account of the recent crisis in the Euro Zone and global recession.

The market is characterized with challenges like counterfeit/spurious products, rise in prices of raw materials and growing cost pressure on Indian suppliers. The bearings industry is fairly concentrated, with the top five players contributing over 90% of overall turnover. SKF India is the leading player in the market followed by FAG Bearings, NBC Bearings and Timken India. To meet growing customer expectations, most of the bearings manufacturers have regularly invested in modern manufacturing technology and have taken a number of initiatives to strengthen their competitive advantage by partnering with customers with a focus on application engineering and R&D to develop advanced products.

Related Reports -

Technology Trends in Lubricants (Mineral, Synthetic, and Bio-based) Market for Turbine Oil, Compressor Oil, Gear Oil, Hydraulic Oil, Bearing Oil and Heat Transfer Fluid Lubricant Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018

This market research report, analyzes the global consumption for lubricants, estimating and forecasting the market from the consumption point of view. The lubricants market has been segmented on the basis of products, applications and geography in order to provide a holistic picture of the market. Market data for all product segments has been provided on a regional level for the period 2011 to 2018. Technology trends have been provided for applications to give an overall idea about the latest happenings in the market. A comprehensive competitive landscape including company market share analysis has also been provided in this analysis.

View Full Report With Complete TOC at http://www.researchmoz.us/technology-trends-in-lubricants-mineral-synthetic-and-bio-based-market-for-turbine-oil-compressor-oil-gear-oil-hydraulic-oil-bearing-oil-and-heat-transfer-fluid-lubricant-applications-global-industry-analysis-size-share-growth-trends-a-report.html

About ResearchMoz
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

For More Information Kindly Contact:
Website@ http://www.researchmoz.us/
Email: sales@researchmoz.us

Browse Blog - http://pramoddige91.wordpress.com/

Media Relations Contact

Sheela AK
Business Head
Researchmoz.us
518-618-1030
http://www.researchmoz.us

View this press release online at: http://rwire.com/503652