Product Code: ETC4576121 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
United Arab Emirates (UAE) Automotive Bearing market currently, in 2023, has witnessed an HHI of 2270, Which has decreased slightly as compared to the HHI of 2474 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Bearings are essential components in automotive systems, ensuring smooth and efficient operation of various parts, from engine components to wheels. The UAE automotive bearing market is driven by the need for high-quality, durable bearings that can withstand the demanding conditions of the country. As the automotive industry continues to grow in the UAE, the market for automotive bearings remains an important sector, catering to both original equipment manufacturers and the aftermarket.
The UAE Automotive Bearing Market experiences robust growth, influenced by various driving factors. A primary driver is the increasing production and sales of vehicles in the country, leading to a higher demand for automotive bearings. The emphasis on vehicle performance, efficiency, and safety further contributes to the market`s momentum. Technological advancements in bearing materials and designs play a crucial role in meeting the evolving requirements of the automotive industry. Additionally, the growing aftermarket for automotive bearings, driven by the need for replacement and maintenance, adds to the overall market growth in the UAE.
The UAE Automotive Bearing Market grapples with challenges related to material reliability and performance optimization. Bearings, crucial for vehicle components like wheels and transmissions, demand materials that offer high load capacity, low friction, and extended service life. Developing bearings that ensure minimal wear, reduced noise, and resistance to harsh operating conditions poses significant material engineering challenges. Moreover, ensuring consistent quality, cost competitiveness, and compatibility with various vehicle designs remain ongoing challenges for manufacturers in this market.
The Automotive Bearing market in the UAE faced COVID-19-related disruptions, impacting vehicle production and bearing component supply chains. Despite these challenges, the market showcased adaptability by focusing on durable and high-performance bearing solutions. The increased emphasis on reliability and reduced friction in vehicle systems during the pandemic drove innovations in automotive bearing technologies. The market responded with developments in ceramic and hybrid bearings, positioning itself for recovery and growth in the post-pandemic era.
In the UAE Automotive Bearing Market, key players include SKF AB, NSK Ltd., and Schaeffler AG. SKF AB, a Swedish bearing and seal manufacturing company, NSK Ltd., a Japanese multinational corporation, and Schaeffler AG, a German manufacturer of rolling element bearings for automotive, aerospace, and industrial uses, are significant contributors to the Automotive Bearing Market in the UAE.
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 United Arab Emirates (UAE) Automotive Bearing Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Automotive Bearing Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Automotive Bearing Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume Share, By Bearing Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume Share, By Aftermarket, 2021 & 2031F |
3.8 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume Share, By , 2021 & 2031F |
4 United Arab Emirates (UAE) Automotive Bearing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Automotive Bearing Market Trends |
6 United Arab Emirates (UAE) Automotive Bearing Market, By Types |
6.1 United Arab Emirates (UAE) Automotive Bearing Market, By Bearing Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume, By Bearing Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume, By Ball bearing, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume, By Roller bearing , 2021-2031F |
6.1.5 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume, By others, 2021-2031F |
6.2 United Arab Emirates (UAE) Automotive Bearing Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume, By PC, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume, By LCV, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume, By HCV , 2021-2031F |
6.2.5 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume, By Two-wheelers, 2021-2031F |
6.3 United Arab Emirates (UAE) Automotive Bearing Market, By Aftermarket |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Automotive Bearing Market Revenues & Volume, By Application, 2021-2031F |
6.4 United Arab Emirates (UAE) Automotive Bearing Market, By |
6.4.1 Overview and Analysis |
7 United Arab Emirates (UAE) Automotive Bearing Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Automotive Bearing Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Automotive Bearing Market Imports from Major Countries |
8 United Arab Emirates (UAE) Automotive Bearing Market Key Performance Indicators |
9 United Arab Emirates (UAE) Automotive Bearing Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Automotive Bearing Market Opportunity Assessment, By Bearing Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Automotive Bearing Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Automotive Bearing Market Opportunity Assessment, By Aftermarket, 2021 & 2031F |
9.4 United Arab Emirates (UAE) Automotive Bearing Market Opportunity Assessment, By , 2021 & 2031F |
10 United Arab Emirates (UAE) Automotive Bearing Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Automotive Bearing Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Automotive Bearing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |