Research Report on India Automotive Bearing Market (2015-2021)

Market Reports on India presents the latest report on “Research Report on India Automotive Bearing Market (2015-2021)”. http://www.marketreportsonindia.com/industry-mfg-market-research-reports-13404/india-automotive-bearing-ball-roller-clutch-vehicle-two-wheeler-three-wheeler-passenger.html The report also gives insights on price trends, market trends, competitive landscape, company profiles, market drivers and restraints.

19th Feb 2016 – Navi Mumbai, India: Market reports on India presents the latest report on “Research Report on India Automotive Bearing Market (2015-2021)”. The initiatives would drive various international players to expand and establish their manufacturing facilities, thus creating huge demand for automotive components in the country.

India’s automotive sector is all set to revive back after sluggish demand during the period 2012-14. http://www.marketreportsonindia.com/industry-mfg-market-research-reports-13404/india-automotive-bearing-ball-roller-clutch-vehicle-two-wheeler-three-wheeler-passenger.html Increasing consumer confidence and recovery of the economy has pushed the market towards positive growth. A similar trend is expected in automotive bearing market, where market would grow over the next six years.

According to 6Wresearch, India automotive bearing market is projected to touch $1.2 billion by 2021. Growing two wheeler sales is primarily driving the demand for ball bearing, wherein deep groove ball bearing leads the market. In the next six years, ball bearing segment to witness higher growth over roller bearing and clutch bearing segments, as a result of growth in two wheeler market.

With the launch of Make in India campaign domestic production of automotive vehicles is expected to increase in the forecast period. The initiatives would drive various international players to expand and establish their manufacturing facilities, thus creating huge demand for automotive components in the country. Further, opportunities to...