Worldwide Automotive Wheel Bearing Market to 2026 - Set to Record a CAGR of 6.8% - ResearchAndMarkets.com

The "Automotive Wheel Bearing - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to this report, the Global Automotive Wheel Bearing Market is expected to grow at a CAGR of 6.8% during the forecast period.

Growing demand and consumption of automobiles, high growth in emerging economies, incorporation of sensors in automotive wheel bearings and growing vehicle production are some factors impacting the market growth. However, factors such as rising raw material prices and rising availability of counterfeit products are hindering the market growth.

By vehicle type, passenger cars segment accounted for the significant market share. Factors such as the growing disposable income and the robust incentives offered by the government through the reduction in sales tax, will fuel the growth of the passenger cars segment, which will then fuel the growth of the market.

Based on geography, Asia Pacific region is expected to register the highest market growth during the forecast period due to demand for vehicles especially two-wheelers and passenger cars. In addition, the increased spending on infrastructure development for the transportation of people, raw materials, and other related items will also fuel the growth of the market in this region.

Vehicle Types Covered:

  • Four wheelers
  • Three wheelers
  • Two-wheelers
  • Other Vehicle Types

Bearing Types Covered:

  • Roller Bearing
  • Thrust Bearing
  • Plain Bearing
  • Ball Bearing
  • Other Bearing Types

Integrations Covered:

  • Rear Wheel
  • Front Wheel

Channel Types Covered:

  • Aftermarket
  • Original equipment manufacturer

Companies Profiled:

  • Nachi Fujikoshi Corp.
  • CW Bearing USA Inc.
  • Wafangdian Bearing Group Corp.
  • Jtekt Corporation
  • SNL Bearings Ltd.
  • Timken Company
  • Minebea Co. Ltd.
  • Schaeffler AG.
  • NSK Ltd.
  • NTN Corporation
  • RBC Bearings
  • Iljin Bearing Co. Ltd.
  • RKB Bearings
  • ORS Bearings
  • C&U Bearing
  • Svenska Kullagerfabriken AB

For more information about this report visit https://www.researchandmarkets.com/research/sztrsw/worldwide?w=4