|By PR Newswire||
|April 17, 2014 05:00 PM EDT||
DUBLIN, April 17, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/ndbzv6/global_automotive) has announced the addition of the "Global Automotive Needle Roller Bearing Market 2014-2018" report to their offering.
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The analysts forecast the Global Automotive Needle Roller Bearing market to grow at a CAGR of 3.83 percent over the period 2013-2018. One of the key factors contributing to this market growth is the growing Global Automotive Bearing market. The Global Automotive Needle Roller Bearing market has also been witnessing the increasing demand of bearings from emerging economies. However, the recent economic slowdown in Europe could pose a challenge to the growth of this market.
The report, the Global Automotive Needle Roller Bearing Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC and the EMEA regions, and the Americas; it also covers the Global Automotive Needle Roller Bearing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The increasing demand for bearings from emerging economies is one of the major drivers in the Global Automotive Needle Roller Bearing market. The countries from emerging geographies across the globe such as the APAC region, the Middle East, Africa, and South America are generating a huge demand for various types of bearings. In contrast, the market in developed countries is moving toward the mature phase.
For instance, the US, Japan, and Germany are some of the key leading countries in the market. However, the markets in these countries are growing at a slow rate and moving toward the mature phase. Therefore, bearings manufacturers are focusing more on developing countries such as China, India, Thailand, Brazil, Malaysia and the Republic of Korea.
According to the report, one of the main drivers in this market is the growing Global Automotive Bearing market. The increasing demand for bearings in automobiles has a direct positive influence on the demand for automotive bearings resulting in the growth of the Global Automotive Needle Roller Bearing market.
Further, the report states that one of the main challenges in this market is the recent economic slowdown in Europe, which has affected the overall sales of automobiles and, in turn, the Global Automotive Needle Roller Bearing market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Geographical Segmentation
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
16. Key Vendor Analysis
17. Other Reports in this Series
- C&U Group
- Harbin Bearing Manufacturing Co. Ltd.
- JTEKT Corp.
- Minebea Co. Ltd.
- NSK Ltd.
- NTN Corp.
- Nachi-Fujikoshi Corp.
- Schaeffler Technologies AG & Co. KG
- Svenska Kullagerfabriken AB.
- Wafangdian Bearing Group Corp.
- Xiangyang Automobile Bearing Co. Ltd.
For more information visit http://www.researchandmarkets.com/research/ndbzv6/global_automotive
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets