India Bearings Market (2019-2025) | Trends, Size, Revenue, Analysis, Forecast, Growth, industry & Outlook

Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery) and Competitive Landscape.

Product Code: ETC001732 Publication Date: Feb 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Latest 2023 Development of the India Bearings Market

India Bearings Market has been growing rapidly in recent years by the increasing demand for bearings in various industries such as construction, automotive, and industrial machinery. Some of the latest development in the market is the expansion of the automotive industry which in turn increases the demand for bearings in the country. Many leading global manufacturers have set up their production facilities in India to tap into the growing market for bearings. Additionally, the construction industry in India is also expanding, which is leading to an increase in the demand for bearings in construction machinery. The government has launched several initiatives to boost the manufacturing sector in the country which is expected to further drive the growth of the bearings market in India.

The demand for industrial bearings is growing in India by the growing use of industrial machinery in several industries. The bearings industry in India is also witnessing technological advancements, with manufacturers focusing on developing bearings with improved performance and reliability. The market for bearings is expected to grow significantly. The growth is attributed to the growing demand from various industries and the government's initiatives to promote the manufacturing sector.

India bearings market Synopsis

The India bearings market is highly fragmented owing to the presence of a large number of players including major companies in the industry.  The growth of the bearing market is directly correlated with the growth in the automotive and industrial sectors. Further, the increasing requirement for high-performance, lightweight smart bearings in automobiles coupled with the requirement of anti-friction bearings in pumps, gearboxes, heavy earth moving equipment, and industries are expected to contribute to the rise in demand for bearings in India. However, the domestic bearings market is facing competition from the counterfeit bearings market, primarily imports from China which would in turn hinder the market growth.

According to 6Wresearch, India Bearings Market size is projected to grow at a CAGR of 2.6% during 2019–2025. due to the growing demand for specialized bearing solutions and improved designs to increase product performance and efficiency. However, the outbreak of the coronavirus pandemic would impact the automotive and other industries affecting the bearings market over the coming years, though the effects might be short-lived.

The key role of bearings in the transmission of energy to a few rotating parts is adding to the India Bearings Market Share. The introduction of high-capacity bearings will also enhance the development of the market.

The railway & aerospace application of bearings is expected to exhibit rapid growth over the next few years due to surging demand for small aircraft and increasing railway construction in the country. Other major end-user applications of the bearings market include automotive machinery, construction machinery, agricultural machinery, and oilfield equipment.

Some of the key players in the India bearings market are JTEKT, SKF, NTN Corporation, Timken, NSK Global, Schaeffler Group, and Others. The India bearings market report thoroughly covers the market by types, sales channels, and applications. The India bearings market outlook report provides an unbiased and detailed analysis of the ongoing India bearings market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report

  • India Bearings Market Overview
  • India Bearings Market Outlook
  • India Bearings Market Forecast
  • India Bearings Market Size and Historical Data of India Bearings Market Revenues for the Period 2015-2018
  • India Bearings Market Forecast of Revenues, Until 2025
  • Historical Data of India Bearings Market Revenues for the Period 2015-2018, By Types
  • Market Size & Forecast of India Bearings Market Revenues Until 2025F, By Types
  • Historical Data of India Bearings Market Revenues for the Period 2015-2018, By Roller Bearing Types
  • Market Size & Forecast of India Bearings Market Revenues Until 2025F, By Roller Bearing Types
  • Historical Data of India Bearings Market Revenues for the Period 2015-2018, By Sales Channels
  • Market Size & Forecast of India Bearings Market Revenues Until 2025F, By Sales Channels
  • Historical Data of India Bearings Market Revenues for the Period 2015-2018, By Applications
  • Market Size & Forecast of India Bearings Market Revenues Until 2025F, By Applications
  • India Bearings Market Drivers
  • India Bearings Market Restraints
  • India Bearings Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • India Bearings Market Share, By Players
  • India Bearings Market Share, By Countries
  • India Bearings Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Covered:

The report provides a detailed analysis of the following market segments:

By Types:

  • Ball Bearings
  • Roller Bearings
  • Other Bearings (Pillow block, Mounted, etc.)

By Roller Bearings Types:

  • Cylindrical Roller Bearings
  • Tapered Roller Bearings
  • Spherical Roller Bearings
  • Needle Roller Bearings
  • Other Roller Bearings

By Sales Channels:

  • OEM’s
  • Aftermarket Sales

By Applications:

  • Aerospace & Railway
  • Agricultural Equipment Machinery
  • Mining & Oilfield Equipment Machinery
  • Automotive Machinery
  • Construction Machinery
  • Other Machinery
India Bearings Market: FAQs
The major applications of bearings include the electrical and electronics industry, automotive industry, steel and iron industry, and engineering industry.
Some of the major challenges faced by the bearings industry include intense competition, limited technology upgradation, and decreasing innovation.
The bearings market in India has high growth potential due to the increasing demand from the automotive and manufacturing sectors.
The bearings industry of India has significant export opportunities such as the increasing demand for cost-effective bearings as they provide a major opportunity for bearings manufacturers to increase their exports.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
Table of Contents
1.   Executive Summary
2. Introduction
2.1. Key Highlights of the Report
2.2. Report Description
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. India Bearings Market Overview
3.1. India Bearings Market Revenues, 2015-2025F
3.2. India Bearings Market Revenue Share, By Types, 2018 & 2025F
3.3. India Bearings Market Revenue Share, By Sales Channels, 2018 & 2025F
3.4. India Bearings Market Revenue Share, By Applications, 2018 & 2025F
3.5. India Bearings Market - Industry Life Cycle, 2018
3.6. India Bearings Market - Porter’s Five Forces
4. India Bearings Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. India Bearings Market Trends
6. India Bearings Market Overview, By Types
6.1. India Ball Bearings Market Revenues, 2015-2025F
6.2. India Roller Bearings Market Revenues, 2015-2025F
6.2.1 India Cylinderical Roller Bearings Market Revenues, 2015-2025F
6.2.2 India Tapered Roller Bearings Market Revenues, 2015-2025F
6.2.3 India Spherical Roller Bearings Market Revenues, 2015-2025F
6.2.4 India Needle Roller Bearings Market Revenues, 2015-2025F
6.2.5 India Other Roller Bearings Market Revenues, 2015-2025F
6.3. India Other Bearings Market Revenues, 2015-2025F
7. India Bearings Market Overview, By Sales Channels
7.1. India Bearings Market Reveneus, By OEM's, 2015-2025F
7.2. India Bearings Market Reveneus, By Aftermarket Sales, 2015-2025F
8. India Bearings Market Overview, By Applications
8.1. India Railway & Aerospace Bearings Market Revenues, 2015-2025F
8.2. India Agricultural Equipment Machinery Bearings Market Revenues, 2015-2025F
8.3. India Construction Machinery Bearings Market Revenues, 2015-2025F
8.4. India Oilfield Machinery Bearings Market Revenues, 2015-2025F
8.5. India Automotive Bearings Market Revenues, 2015-2025F
8.6. India Other Machinery Bearings Market Revenues, 2015-2025F
9. India Bearings Market Key Performance Indicators
10. India Bearings Market Opportunity Assessment
10.1 India Bearings Market Opportunity Assessment, By Types, 2025F
10.2 India Bearings Market Opportunity Assessment, By Sales Channel, 2025F
10.3. India Bearings Market Opportunity Assessment, By Applications, 2025F
11. India Bearings Market-Competitive Landscape
11.1. India Bearings Market Competitive Benchmarking, By Operating & Technical Parameters
11.2. India Bearings Market Revenue Share, By Company, 2018
12. Company Profiles
13. Key Strategic Recommendations
14. Disclaimer
List Of Figures
Figure 1. India Bearings Market Revenues, 2015-2025F ($ Billion)
Figure 2. India Bearings Market Industry Life Cycle
Figure 3. India Bearings Market Revenue Share, By Types, 2018 & 2025F
Figure 4. India Bearings Market Revenue Share, By By Sales Channels, 2018 & 2025F
Figure 5. India Bearings Market Revenue Share, By Applications, 2018 & 2025F
Figure 6. India Bearings Market Revenues, By Types, 2015-2025F
Figure 7. India Bearings Market Revenues, By OEM's, 2015-2025F ($Million)
Figure 8. India Bearings Market Revenues, By Aftermarket Sales, 2015-2025F ($Million)
Figure 9. India Bearings Market Opportunity Assessment, By Types, 2025F
List Of Tables
Table 1. India Roller Bearings Market Revenues, By Types, 2015-2025F ($Million)
Table 2. India Bearings Market Revenues, By Applications, 2015-2025F ($Million)

North America Bearing Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery), By Countries (U.S. and Canada) and Competitive Landscape.

Europe Bearing Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery), By Countries (Germany, France, Italy and Rest of Europe) and Competitive Landscape.

Latin America Bearing Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery), By Countries (Mexico, Brazil and Rest of Latin America) and Competitive Landscape.

Asia Pacific Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery), By Countries (India, Japan, China and Rest of Asia Pacific including Thailand and South Korea) and Competitive Landscape

France Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape

South Africa Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Japan Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Egypt Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

China Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Turkey Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Saudi Arabia Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Mexico Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Germany Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

Brazil Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape.

US Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape

Italy Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape

Canada Bearings Market (2019-2025): Market Forecast By Types (Ball Bearings, Roller Bearings and Other Bearings including Pillow block and Mounted), By Roller Bearings Types (Ball Bearings, Roller Bearings, Other Bearings including Pillow Block and Mounted, Spherical Roller Bearings and Other Roller Bearings), By Sales Channels (OEM’s and Aftermarket Sales), By Applications (Aerospace & Railway, Agricultural Equipment Machinery, Mining & Oilfield Equipment Machinery, Automotive Machinery, Construction Machinery, and Other Machinery)and Competitive Landscape

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