The Bearings Market in India is part
of Netscribes’ Manufacturing Series reports. Infrastructure expansion coupled
with industrial growth will have a favorable impact on the Indian bearings
market.
The report begins with an overview
of the major macro economic indicators which highlights the present economic
scenario prevalent in India.
It is followed by an introduction
section provides a classification of the Indian bearings market. It also
includes a snapshot of the different categories of bearings that find an
extensive application in the Indian market.
The market overview section begins
with an overview of the market structure of the Indian bearings market. This
section provides a brief snapshot of the Indian bearings industry. It also
contains a brief description of the after market supply chain of the Indian
bearings market.
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The next section provides a brief
description of the bearing manufacturing process including the major operations
used in bearings production.
The report then focuses on the major
production hubs for bearings and the hubs for manufacturing bearings components
in India
It also provides detailed
information about the exports and imports of bearings in India in terms of
value.
Factors driving the growth of
bearings market in India are also explained in detail. Growing demand for
automobiles and auto components are one the major factors influencing the
growth of the bearings market. Increased investment in wind turbines in India provides
a major opportunity for market growth. Robust construction & mining
equipment market has also facilitated further development of the market.
Expanding railway sector boosts the demand for bearings in the market. Healthy
economic outlook also stimulates the growth of the Indian bearings industry.
The players operating in the market
also face challenges which are hampering their development and growth.
Counterfeit products pose a major hindrance in market growth. Stiff competition
prevalent in the market also presents a major challenge for market growth.
Rising steel prices act as a major bottleneck in the development of the Indian
bearings industry.
Trends section in the report
emphasizes the recent trends that are prevalent in the Indian bearings market
and include the global collaboration, changing customer preferences and focus
on technology development.
The competition section begins with
the Porter’s Five Forces Analysis, illustrating the competitive rivalry,
bargaining power of suppliers and buyers and threat of new entrants and
substitutes. It outlays the competitive landscape of the bearings market in
India briefing about the domestic players existing in the market. The section
includes competitive benchmarking of the top players operating in the Indian
bearings market.
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The report also features brief
profiles of major domestic and foreign players in the market and a snapshot of
their corporation, financial performance along with the key financial ratios,
business highlights, their product portfolio and SWOT analysis, thus providing
an insight into the existing competitive scenario.
The report concludes with a section
on strategic recommendations which comprises an analysis of the growth
strategies of the bearings market in India.
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