Research and Markets (http://www.researchandmarkets.com/research/w684vf/india_automotive) has announced the addition of the "India Automotive Bearings Market Forecast and Opportunities, 2020" report to their offering.

The market for automotive bearings in India is forecast increase at a CAGR of around 16% during till 2020

Reviving automobile sales, expanding automobile fleet and continuously growing aftermarket demand are the major market drivers. Two-wheeler automotive bearing segment is anticipated continue its dominance in the overall automotive bearings market over the forecast period. Northern region comprising Haryana, Punjab, Rajasthan, Uttar Pradesh, Delhi NCR, etc., accounted for the largest share in the country's bearings market in 2014.

India offers great potential for continuing growth in automobile and allied sectors as the country exhibits a significantly lower motorization rate as compared developed economies. India's automobile industry accounts for over 20% of the country's manufacturing GDP. Subsequent the 2008 global economic crisis, the country's automobile sector witnessed a significant rise on the production front. At present, almost all the major global automobile manufacturers have their operations in India. This creates a huge opportunity for automotive bearing manufacturers in the country. Cumulative sales of passenger cars, three wheelers and two wheelers in the country grew at a CAGR of over 10% during 2009 2013, which has been significantly boosting the demand for automotive bearings over the last five years.

Key Topics Covered:

1. Research Methodology

2. Analyst View

3. Automotive Bearings: An Overview

4. India Automotive Bearings Market Outlook

5. India Two-Wheeler Bearings Market Outlook

6. India Passenger Car Bearings Market Outlook

7. India Commercial Vehicle Bearings Market Outlook

8. India Three-Wheeler Bearings Market Outlook

9. India OTR Bearings Market Outlook

10. India Automotive Bearings Market Value Chain Analysis

11. India Automotive Bearings Market Raw Material Analysis

12. Trade Analysis

13. Market Dynamics

14. Policy & Regulatory Landscape

15. Market Trends& Development

16. India Economic Profile

17. Competitive Landscape

18. Strategic Recommendations

Companies Mentioned

  • ABC Bearings Limited
  • Austin Engineering Company Ltd.
  • Bimetal Bearings Limited
  • FAG Bearings India Limited
  • INA Bearings India Pvt. Ltd.
  • NRB Bearings Ltd.
  • National Engineering Industries Limited (NEI)
  • SKF India Limited
  • Tata Bearings
  • Timken India Limited

For more information visit http://www.researchandmarkets.com/research/w684vf/india_automotive