Automotive Bearing Market by Bearing type (Ball bearing, Roller bearing and others), Application, Vehicle type (PC, LCV, HCV and Two-wheelers), Region, and by Aftermarket (Region, Vehicle type and Application) – Trends & Forecasts to 2020

“The report covers the bearing market in terms of volume & value. The market size in terms of volume is provided from 2013 to 2020 in units, whereas the value of the market is provided in $million. The construction and mining equipment market is broadly classified by geography (Asia-Pacific, Europe, North America, and RoW), by vehicle type (PC, LCV, HCV & Two-Wheelers), by bearing type (Roller bearing, Ball bearing and others), by Aftermarket (by region, by vehicle type and by application).
The global bearings market is an extremely competitive and increasing stringent governmental norms regarding emission, using light weight materials, and safety provides an opportunity for bearing manufacturers to add new products to their existing portfolio. The Right to Repair act safeguards the rights of vehicle owners to decide where and how they have their vehicles serviced, which protects the independent repair and aftermarket associations. A major threat to the bearing industry is the availability of counterfeit products in the local market and the rise in steel prices. The longer life span due to improved technology and better maintenance of the vehicle has also led to the decline of bearing replacement. The competitive bearings market is driven by E-tailing, increasing vehicle production, increasing average age of vehicles, growing demand for off-highway and 2-wheelers.
In the coming years, the demands for automotive bearings are estimated to rise in the countries of Asia-Pacific, mainly in China, India, and Japan. Moreover, with 1/3rd of the world population in countries of China and India, the demand for vehicles especially passenger cars and two-wheelers are also on the rise, which in turn increases the demand for automotive bearings in these countries. In the matured markets like Europe and North America, it is estimated to have a steady growth for automotive bearings. Developing countries like Brazil and South Africa are projected to have a high growth rate.
The fifteen key players in the bearing market have also been identified and profiled. Some of the players in this report include Timken Co, Svenska Kullagerfabriken Ab, Schaeffler AG, JTEKT Corp., and others.
”

“TABLE OF CONTENTS

1 INTRODUCTION 17
1.1 OBJECTIVES OF THE STUDY 17
1.2 MARKETS COVERED 17
1.3 MARKET DEFINITION 18
1.4 MARKET SCOPE 18
1.4.1 YEARS CONSIDERED IN THE REPORT 19
1.5 CURRENCY 19
1.6 PACKAGE SIZE 20
1.7 STAKEHOLDERS 20
1.8 LIMITATIONS 20
2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
2.2 SECONDARY DATA 22
2.2.1 KEY SECONDARY SOURCES 22
2.2.2 KEY DATA FROM SECONDARY SOURCES 23
2.3 PRIMARY DATA 23
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS 24
2.4 FACTOR ANALYSIS 24
2.4.1 INTRODUCTION 24
2.4.2 DEMAND SIDE ANALYSIS 25
2.4.2.1 Easy availability 25
2.4.2.2 Options available in terms of brands & price 25
2.4.2.3 Increasing awareness regarding vehicle maintenance 25
2.4.2.4 Increasing miles driven 26
2.4.3 SUPPLY SIDE ANALYSIS 27
2.4.3.1 Technological advancements 27
2.4.3.2 Rise in raw material prices 27
2.5 MARKET SIZE ESTIMATION 28
2.6 ASSUMPTIONS 30
3 EXECUTIVE SUMMARY 31
 
4 PREMIUM INSIGHTS 34
4.1 INTRODUCTION 34
4.2 GLOBAL AUTOMOTIVE BEARING OEM MARKET 34
4.3 GLOBAL AUTOMOTIVE BEARING OEM MARKET GROWTH (2015–2020), BY COUNTRY 35
4.4 GLOBAL AUTOMOTIVE BEARING OEM MARKET GROWTH (2015–2020), 
BY APPLICATION 36
4.5 GLOBAL AUTOMOTIVE BEARINGS AFTERMARKET GROWTH (2015–2020), BY REGION 38
4.6 GLOBAL AUTOMOTIVE BEARING OEM MARKET GROWTH (2015–2020), 
BY BEARING TYPE 38
4.7 GLOBAL TWO-WHEELER BEARING OEM MARKET GROWTH (2015–2020), 
BY BEARING TYPE 39
5 MARKET OVERVIEW 40
5.1 INTRODUCTION 41
5.2 MARKET SEGMENTATION 41
5.3 MARKET DYNAMICS 42
5.3.1 DRIVERS 42
5.3.1.1 Increasing average age of vehicles 42
5.3.1.2 Increasing vehicle production 43
5.3.1.3 Growing demand for off-highway and two-wheeler vehicles 43
5.3.1.4 E-tailing 44
5.3.2 RESTRAINTS 44
5.3.2.1 Counterfeit automotive products 44
5.3.2.2 Increasing raw material prices 44
5.3.2.3 Longer lifespan of bearings due to improved technology 45
5.3.3 OPPORTUNITIES 45
5.3.3.1 Right to repair act 45
5.3.3.2 Private labelling 45
5.3.3.3 Advent of more efficient materials 46
5.3.4 CHALLENGE 46
5.3.4.1 Increasing participation of OEMs in the aftermarket 46
5.4 PORTER’S FIVE FORCES ANALYSIS 47
5.4.1 THREAT OF NEW ENTRANTS 47
5.4.2 THREAT OF SUBSTITUTES 48
5.4.3 BARGAINING POWER OF BUYERS 48
5.4.4 BARGAINING POWER OF SUPPLIERS 48
5.4.5 INTENSITY OF COMPETITIVE RIVALRY 49
5.5 VALUE CHAIN ANALYSIS 49
 
6 GLOBAL AUTOMOTIVE BEARING OEM MARKET, BY REGION 52
6.1 PEST ANALYSIS 53
6.1.1 POLITICAL FACTORS 53
6.1.1.1 Europe 53
6.1.1.2 Asia-Pacific 53
6.1.1.3 North America 53
6.1.1.4 Rest of world 53
6.1.2 ECONOMIC FACTORS 53
6.1.2.1 Europe 53
6.1.2.2 Asia-Pacific 54
6.1.2.3 North America 54
6.1.2.4 Rest of the world 54
6.1.3 SOCIAL FACTORS 54
6.1.3.1 Europe 54
6.1.3.2 Asia-Pacific 54
6.1.3.3 North America 54
6.1.3.4 Rest of the world 54
6.1.4 TECHNOLOGICAL FACTORS 55
6.1.4.1 Europe 55
6.1.4.2 Asia-Pacific 55
6.1.4.3 North America 55
6.1.4.4 Rest of the world 55
6.2 INTRODUCTION 56
6.3 ASIA-PACIFIC 57
6.3.1 CHINA 60
6.3.2 JAPAN 62
6.3.3 INDIA 63
6.4 EUROPE 64
6.4.1 GERMANY 67
6.4.2 FRANCE 68
6.5 NORTH AMERICA 69
6.5.1 U.S. 72
6.5.2 CANADA 73
6.5.3 MEXICO 74
6.6 ROW 76
6.6.1 BRAZIL 78
6.6.2 RUSSIA 79
 
7 GLOBAL AUTOMOTIVE BEARING OEM MARKET BY VEHICLE TYPE 81
7.1 INTRODUCTION 82
7.2 PASSENGER CAR 84
7.3 LCV 85
7.4 HCV 86
7.5 TWO-WHEELER 87
8 GLOBAL AUTOMOTIVE BEARING OEM MARKET BY TYPE 89
8.1 INTRODUCTION 90
8.2 AUTOMOTIVE BEARINGS, BY TYPE 90
8.2.1 BALL BEARINGS 92
8.2.2 ROLLER BEARING 93
8.3 TWO-WHEELER BEARING, BY TYPE 95
9 GLOBAL AUTOMOTIVE BEARING MARKET, BY APPLICATION 97
9.1 INTRODUCTION 98
9.2 AUTOMOTIVE BEARING APPLICATION 98
9.2.1 WHEEL HUB 100
9.2.2 TRANSMISSION SYSTEM 101
9.2.3 ENGINE 102
9.2.4 INTERIOR 103
9.3 TWO-WHEELER BEARING APPLICATION 104
10 GLOBAL AUTOMOTIVE BEARING AFTERMARKET, BY REGION 106
10.1 INTRODUCTION 107
10.2 ASIA-PACIFIC 108
10.3 EUROPE 110
10.4 NORTH AMERICA 111
10.5 ROW 112
11 GLOBAL AUTOMOTIVE BEARING AFTER-MARKET, VEHICLE TYPE 113
11.1 INTRODUCTION 114
12 GLOBAL AUTOMOTIVE BEARING AFTERMARKET, BY APPLICATION 116
12.1 INTRODUCTION 117
13 OFF-HIGHWAY VEHICLES, GLOBAL AUTOMOTIVE BEARING MARKET OUTLOOK 119
14 THE COUNTERFEIT MARKET 123
 
15 COMPETITIVE LANDSCAPE 125
15.1 OVERVIEW 125
15.2 MARKET SHARE ANALYSIS, GLOBAL AUTOMOTIVE BEARING MARKET 127
15.3 COMPETITIVE SITUATION AND TRENDS 128
15.4 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCH WAS THE KEY STRATEGY 128
15.5 NEW PRODUCT LAUNCHES AND DEVELOPMENTS 129
15.6 EXPANSIONS 130
15.7 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, INVESTMENTS, 
AND JOINT VENTURES 131
15.8 MERGERS AND ACQUISITIONS 132
16 COMPANY PROFILES 133
16.1 INTRODUCTION 133
16.2 TIMKEN COMPANY 135
16.3 SVENSKA KULLAGERFABRIKEN AB 139
16.4 SCHAEFFLER AG. 143
16.5 JTEKT CORPORATION 146
16.6 NTN CORPORATION 149
16.7 ILJIN BEARING CO., LTD. 152
16.8 ORS BEARINGS 154
16.9 CW BEARING 156
16.10 C&U BEARING 158
16.11 RKB BEARINGS 160
16.12 RBC BEARINGS 162
16.13 NACHI FUJIKOSHI CORP. 164
16.14 NSK LTD. 166
16.15 WAFANGDIAN BEARING GROUP CORP 170
16.16 MINEBEA CO., LTD. 173
16.17 SNL BEARINGS LTD. 175
17 APPENDIX 177
17.1 INSIGHTS OF INDUSTRY EXPERTS 177
17.2 DISCUSSION GUIDE 177
17.3 AVAILABLE CUSTOMIZATION 179
17.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 179
17.5 RELATED REPORTS 180
“
“LIST OF TABLES

TABLE 1 GLOBAL: AUTOMOTIVE BEARING OEM MARKET SIZE , BY REGION, 
2013–2020 (MILLION UNITS) 56
TABLE 2 GLOBAL: AUTOMOTIVE BEARING MARKET SIZE , BY REGION, 2013–2020 ($BILLION) 57
TABLE 3 ASIA-PACIFIC: AUTOMOTIVE BEARING OEM MARKET SIZE, BY COUNTRY, 
2013–2020 (MILLION UNITS) 58
TABLE 4 ASIA-PACIFIC: AUTOMOTIVE BEARING OEM MARKET SIZE, BY COUNTRY, 
2013–2020 ($BILLION) 59
TABLE 5 ASIA-PACIFIC: AUTOMOTIVE BEARING OEM MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 59
TABLE 6 ASIA-PACIFIC: AUTOMOTIVE BEARING OEM MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 60
TABLE 7 CHINA: AUTOMOTIVE BEARING OEM MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 61
TABLE 8 CHINA: AUTOMOTIVE BEARING OEM MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 61
TABLE 9 JAPAN: AUTOMOTIVE BEARING OEM MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 62
TABLE 10 JAPAN: AUTOMOTIVE BEARING OEM MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 62
TABLE 11 INDIA: AUTOMOTIVE BEARING OEM MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 63
TABLE 12 INDIA: AUTOMOTIVE BEARING OEM MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 63
TABLE 13 EUROPE: AUTOMOTIVE BEARING OEM MARKET SIZE, BY COUNTRY, 
2013–2020 (MILLION UNITS) 65
TABLE 14 EUROPE: AUTOMOTIVE BEARING MARKET SIZE, BY COUNTRY, 
2013–2020 ($BILLION) 65
TABLE 15 EUROPE: AUTOMOTIVE BEARING OEM MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 66
TABLE 16 EUROPE: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 66
TABLE 17 GERMANY: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 67
TABLE 18 GERMANY: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 68
TABLE 19 FRANCE: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 68
TABLE 20 FRANCE: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 69
TABLE 21 NORTH AMERICA: AUTOMOTIVE BEARING MARKET SIZE, BY COUNTRY, 
2013–2020 (MILLION UNITS) 70
TABLE 22 NORTH AMERICA: AUTOMOTIVE BEARING MARKET SIZE, BY COUNTRY, 
2013–2020 ($BILLION) 71
TABLE 23 NORTH AMERICA: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 71
 
TABLE 24 NORTH AMERICA: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 72
TABLE 25 U.S.: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 72
TABLE 26 U.S.: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 73
TABLE 27 CANADA: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 73
TABLE 28 CANADA: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 74
TABLE 29 MEXICO: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 75
TABLE 30 MEXICO: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 75
TABLE 31 ROW: AUTOMOTIVE BEARING MARKET SIZE, BY COUNTRY, 
2013–2020 (MILLION UNITS) 76
TABLE 32 ROW: AUTOMOTIVE BEARING MARKET SIZE, BY COUNTRY, 2013–2020 ($BILLION) 77
TABLE 33 ROW: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 77
TABLE 34 ROW: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 77
TABLE 35 BRAZIL: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 78
TABLE 36 BRAZIL: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 79
TABLE 37 RUSSIA: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 79
TABLE 38 RUSSIA: AUTOMOTIVE BEARING MARKET SIZE, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 80
TABLE 39 GLOBAL: AUTOMOTIVE BEARING OEM MARKET SIZE, BY VEHICLE TYPE, 
2013-2020 (MILLION UNITS) 83
TABLE 40 GLOBAL: AUTOMOTIVE BEARING OEM MARKET SIZE, BY VEHICLE TYPE, 
2013-2020 ($BILLION) 83
TABLE 41 PASSENGER CAR AUTOMOTIVE BEARING OEM MARKET SIZE, BY REGION, 
2013-2020 (MILLION UNITS) 84
TABLE 42 PASSENGER CAR: AUTOMOTIVE BEARING OEM MARKET SIZE, BY REGION, 
2013-2020 ($BILLION) 84
TABLE 43 LCV: AUTOMOTIVE BEARING OEM MARKET SIZE, BY REGION, 
2013-2020 (MILLION UNITS) 85
TABLE 44 LCV: AUTOMOTIVE BEARING OEM MARKET SIZE, BY REGION, 2013-2020 ($BILLION) 86
TABLE 45 HCV: AUTOMOTIVE BEARING OEM MARKET SIZE, BY REGION, 
2013-2020 (MILLION UNITS) 86
TABLE 46 HCV: AUTOMOTIVE BEARING OEM MARKET SIZE, BY REGION, 2013-2020 ($BILLION) 87
TABLE 47 TWO-WHEELER: AUTOMOTIVE BEARING OEM MARKET SIZE, BY REGION, 
2013-2020 (MILLION UNITS) 87
TABLE 48 TWO-WHEELER: AUTOMOTIVE BEARING OEM MARKET SIZE, BY REGION, 
2013-2020 ($BILLION) 88
TABLE 49 AUTOMOTIVE BEARINGS OEM MARKET SIZE, BY TYPE, 2013-2020 (MILLION UNITS) 90
TABLE 50 AUTOMOTIVE BEARINGS OEM MARKET SIZE, BY TYPE, 2013-2020 ($BILLION) 91
 
TABLE 51 AUTOMOTIVE BALL BEARING OEM MARKET SIZE, BY REGION, 
2013-2020 (MILLION UNITS) 92
TABLE 52 AUTOMOTIVE BALL BEARING OEM MARKET SIZE, BY REGION, 2013-2020 ($BILLION) 93
TABLE 53 AUTOMOTIVE ROLLER BEARING OEM MARKET SIZE, BY REGION,
 2013-2020 (MILLION UNITS) 94
TABLE 54 AUTOMOTIVE ROLLER BEARING OEM MARKET SIZE, BY REGION, 
2013-2020 ($BILLION) 95
TABLE 55 TWO-WHEELER BEARINGS OEM MARKET SIZE, BY TYPE, 
2013–2020 (MILLION UNITS) 95
TABLE 56 TWO-WHEELER BEARINGS OEM MARKET SIZE, BY TYPE, 2013–2020, ($BILLION) 96
TABLE 57 AUTOMOTIVE BEARING OEM MARKET SIZE, BY APPLICATION, 
2013–2020 (MILLION UNITS) 98
TABLE 58 AUTOMOTIVE BEARING OEM MARKET SIZE, BY APPLICATION, 
2013–2020 ($BILLION) 99
TABLE 59 AUTOMOTIVE BEARINGS OEM MARKET IN WHEEL HUB, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 100
TABLE 60 AUTOMOTIVE BEARINGS IN WHEEL HUB, BY VEHICLE TYPE, 2013–2020 ($BILLION) 101
TABLE 61 AUTOMOTIVE OEM BEARING MARKET IN TRANSMISSION SYSTEM, BY VEHICLE TYPE, 2013–2020 (MILLION UNITS) 101
TABLE 62 AUTOMOTIVE BEARINGS IN TRANSMISSION SYSTEM, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 102
TABLE 63 AUTOMOTIVE BEARINGS IN ENGINE, BY VEHICLE TYPE, 2013–2020 (MILLION UNITS) 102
TABLE 64 AUTOMOTIVE BEARINGS IN ENGINE, BY VEHICLE TYPE, 2013–2020 ($BILLION) 103
TABLE 65 AUTOMOTIVE BEARINGS IN INTERIOR, BY VEHICLE TYPE, 
2013–2020 (MILLION UNITS) 103
TABLE 66 AUTOMOTIVE BEARINGS IN INTERIOR, BY VEHICLE TYPE, 2013–2020 ($BILLION) 104
TABLE 67 TWO-WHEELER BEARING OEM MARKET SIZE, BY APPLICATION, 
2013–2020 (MILLION UNITS) 104
TABLE 68 TWO-WHEELER BEARING OEM MARKET SIZE, BY APPLICATION, 
2013–2020 ($BILLION) 105
TABLE 69 AUTOMOTIVE BEARINGS AFTERMARKET SIZE, BY REGION, 2013–2020 (‘000 UNITS) 107
TABLE 70 AUTOMOTIVE BEARINGS AFTERMARKET SIZE, BY REGION, 2013–2020 ($BILLION) 108
TABLE 71 ASIA-PACIFIC: AUTOMOTIVE BEARINGS AFTERMARKET SIZE, 
BY COUNTRY, (‘ 000 UNITS) 109
TABLE 72 ASIA-PACIFIC: AUTOMOTIVE BEARINGS AFTERMARKET SIZE, BY COUNTRY, ($BILLION) 109
TABLE 73 EUROPE: AUTOMOTIVE BEARINGS AFTERMARKET SIZE, BY COUNTRY, (‘ OOO UNITS) 110
TABLE 74 EUROPE: AUTOMOTIVE BEARINGS AFTERMARKET SIZE, BY COUNTRY ($BILLION) 110
TABLE 75 NORTH AMERICA: AUTOMOTIVE BEARINGS AFTERMARKET SIZE, 
BY COUNTRY, (‘ 000 UNITS) 111
TABLE 76 NORTH AMERICA AUTOMOTIVE BEARINGS AFTERMARKET SIZE, 
BY COUNTRY, ($BILLION) 111
TABLE 77 ROW: AUTOMOTIVE BEARINGS AFTERMARKET SIZE, BY COUNTRY, (‘000 UNITS) 112
TABLE 78 ROW: AUTOMOTIVE BEARINGS AFTERMARKET SIZE, BY COUNTRY, ($BILLION) 112
TABLE 79 GLOBAL: AUTOMOTIVE BEARING AFTERMARKET, BY VEHICLE TYPE, 
2013–2020 (‘000 UNITS) 115
TABLE 80 GLOBAL: AUTOMOTIVE BEARING AFTERMARKET, BY VEHICLE TYPE, 
2013–2020 ($BILLION) 115
TABLE 81 GLOBAL: AUTOMOTIVE BEARING AFTERMARKET, BY APPLICATION, 
2013–2020 (‘000 UNITS) 118
TABLE 82 GLOBAL: AUTOMOTIVE BEARING AFTERMARKET, BY APPLICATION, 
2013–2020 ($BILLION) 118
TABLE 83 GLOBAL: TRACTOR BEARINGS MARKET SIZE , BY REGION, 
2013–2020 (MILLION UNITS) 120
TABLE 84 GLOBAL: TRACTOR BEARINGS MARKET SIZE SPLIT , BY APPLICATION, 
2013–2020 (MILLION UNITS) 120
TABLE 85 NEW PRODUCT LAUNCHES AND DEVELOPMENTS, 2015 129
TABLE 86 EXPANSIONS, 2013–2015 130
TABLE 87 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, INVESTMENTS 
& JOINT VENTURES, 2014–2015 131
TABLE 88 MERGERS AND ACQUISITIONS, 2013-2015 132
“
“LIST OF FIGURES

FIGURE 1 RESEARCH DESIGN 21
FIGURE 2 RESEARCH METHODOLOGY MODEL 22
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, BY DESIGNATION AND BY REGION 24
FIGURE 4 AUTOMOTIVE SERVICE TECHNICIANS & MOTORCYCLE MECHANICS IN THE U.S. 26
FIGURE 5 FLUCTUATING STEEL PRICES OVER THE YEARS, 2011-2014 27
FIGURE 6 DATA TRIANGULATION 28
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 29
FIGURE 8 AUTOMOTIVE BEARING OEM MARKET (2015): ASIA-PACIFIC PROJECTED TO HAVE THE LARGEST MARKET SHARE 32
FIGURE 9 GLOBAL AUTOMOTIVE BEARING OEM MARKET, BY APPLICATION, 2015–2020 32
FIGURE 10 TWO-WHEELERS BEARINGS MARKET, BY APPLICATION, 2015–2020 33
FIGURE 11 GLOBAL AUTOMOTIVE BEARING MARKET: DEMAND FOR PASSENGER CAR BEARINGS SEGMENT ESTIMATED TO HAVE THE LARGEST SHARE IN VEHICLE TYPE 33
FIGURE 12 EMERGING OPPORTUNITIES IN GLOBAL AUTOMOTIVE BEARING OEM MARKET 34
FIGURE 13 REGIONS ARE ESTIMATED TO WITNESS STABLE GROWTH DURING THE FORECAST PERIOD 35
FIGURE 14 GLOBAL AUTOMOTIVE BEARING OEM MARKET: INTERIOR SEGMENT HAS 
THE FASTEST GROWTH RATE 36
FIGURE 15 GLOBAL TWO-WHEELER BEARING OEM MARKET: ENGINE APPLICATION SEGMENT IS EXPECTED TO GENERATE THE HIGHEST REVENUE 37
FIGURE 16 BEARINGS AFTERMARKET: NORTH AMERICA REGION HAS 
THE FASTEST GROWTH RATE 38
FIGURE 17 BALL BEARING SEGMENT PROJECTED TO HAVE THE LARGEST SHARE IN THE OEM MARKET 38
FIGURE 18 BALL BEARING SEGMENT IS PROJECTED TO HAVE THE LARGEST SHARE IN TWO-WHEELER SEGMENT 39
FIGURE 19 GLOBAL AUTOMOTIVE BEARINGS OEM MARKET SEGMENTATION 41
FIGURE 20 INCREASING AVERAGE AGE OF VEHICLES AND THE GROWING TREND OF E-TAILING ARE EXPECTED TO DRIVE THE MARKET 42
FIGURE 21 GLOBAL GROWTH IN VEHICLE PRODUCTION: ASIA-PACIFIC REGION TO HOLD 
THE LARGEST SHARE IN 2015 43
FIGURE 22 PORTER’S FIVE FORCES ANALYSIS 47
FIGURE 23 VALUE CHAIN: FOR BEARING MAJOR VALUE ADDITION TAKES PLACE IN MANUFACTURING AND ASSEMBLY STAGE 50
FIGURE 24 VALUE CHAIN ANALYSIS: AUTOMOTIVE BEARINGS AFTERMARKET 51
FIGURE 25 REGIONAL SNAPSHOT: RAPID GROWING MARKETS (RUSSIA & INDIA) EMERGING 
AS NEW HOTSPOTS 56
FIGURE 26 ASIA-PACIFIC AUTOMOTIVE BEARING OEM MARKET SNAPSHOT: CHINA ESTIMATED TO CAPTURE THE LARGEST SHARE OF AUTOMOTIVE BEARING MARKET IN 2015 58
FIGURE 27 CHINA: RAPID ECONOMIC GROWTH & RAPID URBANIZATION TO DRIVE THE MARKET FOR AUTOMOTIVE BEARING 60
 
FIGURE 28 GERMANY TO ACCOUNT FOR THE LARGEST SHARE IN AUTOMOTIVE BEARING OEM MARKET IN 2015 64
FIGURE 29 PASSENGER CAR TO ACCOUNT FOR THE LARGEST SHARE IN AUTOMOTIVE BEARING OEM MARKET IN GERMANY 67
FIGURE 30 NORTH AMERICA: MEXICO IS THE FASTEST GROWING AUTOMOTIVE BEARING MARKET 70
FIGURE 31 MEXICO: THE FASTEST GROWING SEGMENT IN AUTOMOTIVE BEARING 
MARKET IS HCV 74
FIGURE 32 ROW AUTOMOTIVE BEARING OEM MARKET, 2015 VS 2020 ($BILLION) 76
FIGURE 33 MEXICO: THE FASTEST GROWING SEGMENT IN AUTOMOTIVE BEARING MARKET IS TWO-WHEELERS 78
FIGURE 34 GLOBAL AUTOMOTIVE BEARING OEM MARKET GROWTH, 2015-2020 82
FIGURE 35 LCV: MOST ATTRACTIVE VEHICLE TYPE SEGMENT FOR AUTOMOTIVE BEARINGS 85
FIGURE 36 BALL BEARINGS HOLD THE LARGEST SHARE OF THE AUTOMOTIVE BEARING OE MARKET 90
FIGURE 37 AUTOMOTIVE BEARING MARKET, BY TYPE, 2015 VS. 2020 91
FIGURE 38 ASIA-PACIFIC ACCOUNTS FOR THE LARGEST MARKET SHARE 94
FIGURE 39 AUTOMOTIVE BEARING OEM MARKET SIZE, BY APPLICATION 99
FIGURE 40 AUTOMOTIVE BEARING WHEEL HUB APPLICATION, BY VEHICLE TYPE 100
FIGURE 41 REGIONAL SNAPSHOT (2015): RAPID-GROWTH MARKETS EMERGING AS NEW HOTSPOTS 107
FIGURE 42 GLOBAL AUTOMOTIVE BEARING AFTERMARKET: PASSENGER CAR SEGMENT TO HAVE THE HIGHEST SHARE IN 2015 114
FIGURE 43 GLOBAL BEARING AFTERMARKET, BY APPLICATION 117
FIGURE 44 CONSTRUCTION EQUIPMENT MARKET SIZE-SALES , BY REGION 2013–2020 (UNITS) 121
FIGURE 45 COMPANIES ADOPTED PRODUCT INNOVATION AS THE KEY GROWTH STRATEGY FROM 2010 – 2015 125
FIGURE 46 SCHAEFFLER AG GREW AT THE FASTEST RATE FROM 2009 TO 2014 126
FIGURE 47 GLOBAL AUTOMOTIVE BEARINGS MARKET SHARE, BY KEY PLAYER, 2014 127
FIGURE 48 REGION-WISE REVENUE MIX OF TOP FIVE MARKET PLAYERS 133
FIGURE 49 COMPETITIVE BENCHMARKING OF KEY MARKET PLAYERS: SCHAEFFLER GROUP EMERGED AS THE CHAMPION OWING TO ITS DIVERSIFIED PRODUCT PORTFOLIO 134
FIGURE 50 TIMKEN COMPANY. : BUSINESS OVERVIEW 135
FIGURE 51 TIMKEN COMAPNY: SWOT ANALYSIS 137
FIGURE 52 SVENSKA KULLAGERFABRIKEN AB: BUSINESS OVERVIEW 139
FIGURE 53 SVENSKA KULLAGERFABRIKEN AB: SWOT ANALYSIS 142
FIGURE 54 SCHAEFFLER AG: BUSINESS OVERVIEW 143
FIGURE 55 SCHAEFFLER AG: SWOT ANALYSIS 145
FIGURE 56 JTEKT CORPORATION: BUSINESS OVERVIEW 146
FIGURE 57 JTEKT CORPORATION: SWOT ANALYSIS 148
FIGURE 58 NTN CORPORATION: COMPANY SNAPSHOT 149
FIGURE 59 NTN CORPORATION.: SWOT ANALYSIS 151
FIGURE 60 ILJIN BEARING CO., LTD.: BUSINESS OVERVIEW 152
FIGURE 61 ORS BEARINGS: BUSINESS OVERVIEW 154
FIGURE 62 CW BEARING: BUSINESS OVERVIEW 156
 
FIGURE 63 C&U BEARING: BUSINESS OVERVIEW 158
FIGURE 64 RKB BEARINGS: COMPANY SNAPSHOT 160
FIGURE 65 RBC BEARINGS. : BUSINESS OVERVIEW 162
FIGURE 66 NACHI FUJIKOSHI: BUSINESS OVERVIEW 164
FIGURE 67 NSK LTD: BUSINESS OVERVIEW 166
FIGURE 68 WAFANGDIAN BEARING GROUP CORP.: BUSINESS OVERVIEW 170
FIGURE 69 MINEBEA CO., LTD.: BUSINESS OVERVIEW 173
FIGURE 70 SNL BEARINGS LTD. : BUSINESS OVERVIEW 175

“