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Follow on Google News | Indian Bearings Market: An Analysis – New Report by Koncept AnalyticsThe report entitled “Indian Bearings Market – An Analysis” provides an insight into the bearings sector in India with a special focus on sub-segments like ball bearings and roller bearings.
By: Koncept Analytics Research Methodology A separate section on price comparison of different types of bearings has been included in the report. There are wide range of bearings that are available in the market according to sizes and their usage in end-use applications and their prices vary accordingly. In the pricing analysis section, we have compared bearing prices that are produced indigenously by domestic players to that of products supplied by other foreign players (European, Japanese and Chinese) in the Indian market through imports. Deeper insights on industry and price quotes were mainly obtained through primary research. Primary research included sending E-Mails to the distributors/ Segment Coverage Ball Bearings Roller Bearings Parts of Bearings Bearing Housings Parts of Bearing Housings Company Coverage SKF India FAG Bearings India Ltd NRB Bearings ABC Bearings Timken India Limited TATA Bearings Menon Bearings Ltd NBC Bearings/NEI Ltd Executive Summary Bearings are components that reduce friction and enhance motion between objects. Known as anti-friction components, they are widely used in automobiles, pumps, gear boxes, heavy earth moving equipments and industries. The growth of the bearing industry is directly correlated with the automotive and industrial sectors. The domestic sale of bearings produced in India recorded a decline of 1.5% in 2012-2013 over previous year while the production value fell by 0.5% during the same period. The decline was on account of continued pressure of inflation, fiscal imbalances and high interest rates. Also, commercial vehicle production one of the largest consumer of bearings experienced a steep downfall in the same period. A major portion of bearings market in India is unorganized that caters to the low-end replacement market. A significant percentage of bearings are imported from countries like Germany, Japan, China, Singapore, Sweden, France and Italy. The demand for the bearings is derived from two key user segments - the automotive and industrial sectors. The industrial market is larger than the automobile market in value terms. Total exports of bearings (ball and roller) declined by both value and volume terms in 2012-2013 compared to previous fiscal year. The slowdown in exports was on account of the recent crisis in the Euro Zone and global recession. The market is characterized with challenges like counterfeit/ Table of Contents: Section 1: Indian Economy Snapshot 1.1 India GDP Growth Rate 1.2 Growth in Index of Industrial Production (IIP) 1.3 Inflation and Wholesale Price Index 1.4 Foreign Trade 1.5 Foreign Direct Investment (FDI) Inflows Section 2: Bearings - An Overview 2.1 Introduction 2.2 Types of Bearings 2.3 Production Process of Bearings Section 3: Indian Bearings Market 3.1 Market Size by Value and Volume 3.2 Segmentation by Source 3.3 Segmentation by Type of Demand 3.4 Segmentation by End Use 3.5 Segmentation by Major Types 3.5.1 Ball Bearings Market 3.5.2 Roller Bearings Market Section 4: Import and Export Statistics 4.1 Ball Bearings (HS Code: 848210) Import Exports 4.2 Roller Bearings (848220, 848230, 848240, 848250) Imports Exports 4.3 Other Bearings (HS Code: 848280) Import Export 4.4 Parts of Bearings (HS Codes: 848291, 848299) Import Export 4.5 Bearing Housings (HS Codes: 848320, 848330) Import Export 4.6 Parts of Bearing Housings (HS Code: 848390) Import Export Section 5: Company Profiles 5.1 SKF India 5.1.1 Business Description 5.1.2 Manufacturing Facilities 5.1.3 Net Revenues 5.1.4 Business Strategies 5.1.5 Key Clients 5.2 FAG Bearings India Limited 5.2.1 Business Description 5.2.2 Manufacturing Facilities 5.2.3 Net Revenues 5.2.4 Business Strategies 5.2.5 Key Clients 5.3 NBC Bearings 5.3.1 Business Description 5.3.2 Manufacturing Facilities 5.3.3 Net Revenues 5.3.4 Business Strategies 5.3.5 Key Clients 5.4 Timken India Limited 5.4.1 Business Description 5.4.2 Manufacturing Facilities 5.4.3 Net Revenues 5.4.4 Business Strategies 5.4.5 Key Clients 5.5 NRB Bearings 5.5.1 Business Description 5.5.2 Manufacturing Facilities 5.3.2 Installed Capacity 5.5.3 Net Revenues 5.5.4 Business Strategies 5.5.5 Key Clients 5.6 ABC Bearings Limited 5.6.1 Business Description 5.6.2 Manufacturing Facilities 5.6.3 Net Revenues 5.6.4 Business Strategies 5.6.5 Clients 5.7 TATA Bearings (Division of TATA Steel Group) 5.7.1 Business Description 5.7.2 Manufacturing Facilities 5.7.3 Net Revenues 5.7.4 Business Strategies 5.7.5 Key Clients 5.8 Austin Engineering Company (AEC) 5.8.1 Business Description 5.8.2 Manufacturing Facilities 5.8.3 Net Revenues 5.8.4 Business Strategies 5.8.5 Key Clients 5.9 Menon Bearings Limited 5.9.1 Business Description 5.9.2 Manufacturing Facilities 5.9.3 Net Revenues 5.9.4 Business Strategies 5.9.5 Key Clients Section 6: Market Outlook Section 7: Pricing Analysis of Bearings List of Figures Figure 1.1: Growth Rate of GDP at Factor Cost (at 2004-2005) Prices in % (2007-2008 to 2012-2013) Figure 1.2: Sectoral Share in GDP at Constant (2004-2005) Prices in % (2012-2013) Figure 1.3: Yearly Inflation and Wholesale Price Index (Base Year: 2004-2005=100) Figure 1.4: India Trade Data (2008-2009 to 2012-2013) Figure 1.5: Region-Wise Share of India’s Export by Value (2012-2013) Figure 1.6: Region-Wise Share of India’s Import by Value (2012-2013) Figure 1.7: Total FDI Inflows into India by Value (2006-2007 to 2012-2013) Figure 2.1: Classification of Bearings in India Figure 2.2: Production Process of a Roller Bearing For more Info: For more Information: http://www.konceptanalytics.com/ Koncept Analytics Vikas Gupta (Business Development Manager) FFCS-36, Ansal Plaza Vaishali, Ghaziabad U.P - 201010 Mobile: +91-9811715635 Tele: +91-120-4130959 Mail ID - pr@konceptanalytics.com End
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