The Report China Automobile Bearing Industry Report, 2014-2017 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz
Albany, NY -- (SBWIRE) -- 01/06/2015 -- A bearing, with a long-standing reputation as "the joint of auto industry", has an important influence on the vehicle performance. In recent years, the growing sales volume of vehicles in China has driven a sustained sharp rise in the market demand for automobile bearings.
In terms of market competition, China's automobile bearing industry has the following two characteristics:
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A. Large international enterprises are entering China.
As of 2014, eight foreign bearing companies – SKF, Schaeffler, Timken, NSK, NTN, JTEKT, NACHI, and Minebea had established roughly 30 production plants in China. Foreign branded bearings have recorded a year-by-year increase in the share of the Chinese PV bearing market, especially in bearing products that yield high value-added, including engines, transmissions, and wheel hubs.
B. Domestic bearing enterprises are accelerating the layout of auto industry.
Currently, there are some 30 local automobile bearing manufacturers in China, 65% of which are targeted mainly at aftermarket, 21% supply products to commercial vehicle manufacturers and only 14% offer bearing products to passenger vehicle market. Of all the Chinese enterprises, Wangfangdian Bearing Group, Luoyang LYC Bearing, Harbin Bearing, Wanxiang Qianchao, Xiangyang Bearing, and Hailin Bearing have developed at a faster pace in recent years, with Wangfangdian Bearing, Luoyang LYC Bearing and Harbin Bearing accounting for a larger share of the mid- and high-end market.
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At present, the Chinese enterprises are stepping up the layout of automobile bearing industry, with many companies occupied in production line construction and capacity expansion.
Table of Content
1. Brief Introduction to Automobile Bearing
1.3 Policy Environment
2 Automobile Bearing-related Industries
2.1 Overview of Automobile Industry
2.2 Passenger Vehicle
2.3 Commercial Vehicle
3 Overview of Automobile Bearing Market
3.2 Market Demand
3.3 Enterprise Competition
3.4 Record Fines on 12 Japanese Auto Parts and Bearing Manufactures
3.5 The South Korean Government Gave 9 Bearing Manufacturers from Japan and Germany a Fine of USD70.7 Million
3.6 Development Trend
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4 Projects under Construction/Proposed in Automobile Bearing Industry
4.1 A 500,000 Sets/a Automobile Bearing Parts Production Line Project
4.2 Zhengjiang Chentong Project of Automobile Bearing with Long Service Life and High Reliability
4.3 A 20 Million sets/a Bearing Production Line Project (Phase II)
4.4 Tongling Jia Nai Auto Parts Project
4.5 A Technological Upgrading Project for Industrializing Precision Bearing Units for High-Grade PV Engine Power Wheels
4.6 A Technological Upgrading Project for Increasing Sedan Hub Bearings and Hub Bearing Units
4.7 Long-service-life and High-reliability Automobile Bearing Production Line Project
4.8 A 95 Million sets/a Automobile Bearing Parts Production Line Project
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