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 automotive and industrial sectors. Further, increasing requirement for high performance, light weight smart bearings in automobiles coupled with requirement of anti friction bearings in pumps, gear boxes, heavy earth moving equipments and industries is expected to contribute towards the rise in demand for bearings in India. However, domestic bearings market is facing competition from counterfeit bearings market, primarily imports from China that 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 2019–25 due to growing demand for specialized bearing solutions and improved designs to increase product performance and efficiency. However, the outbreak of corona virus pandemic would impact the automotive and other industries affecting the bearings market over the coming years, though the effects might be short lived.

The railway & aerospace application of bearings is expected to exhibit rapid growth over the next few years due to surging demand for small aircrafts 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, by sales channels and by applications. The India bearings market outlook report provides an unbiased and detailed analysis of the on-going 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

India Bearings Market Report 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

Other Key Reports Related to Bearings Market includes:

• Europe Bearings Market Report (2015-2025F)
• Africa Bearings Market Report (2015-2025F)
• Saudi Arabia Bearings Market Report (2015-2025F)
• Turkey Bearings Market Report (2015-2025F)