India Bearings Market Size 2025-2029
The India bearings market size is forecast to increase by USD 853.9 million at a CAGR of 3.2% between 2024 and 2029.
- The market is experiencing significant growth, driven by the increasing adoption of automation across various industries. This trend is particularly prominent in sectors such as manufacturing, power generation, and transportation, where bearings play a crucial role in ensuring efficient and reliable operation. Additionally, the adoption of additive manufacturing technology in the production of bearings is gaining traction, offering potential for customization and reduced lead times. However, market growth is not without challenges. Fluctuating raw material prices, primarily for steel and other metals used in bearing production, pose a significant obstacle. Furthermore, regulatory hurdles impact adoption in certain industries, particularly those subject to stringent regulations such as aerospace and defense.
- Supply chain inconsistencies also temper growth potential, as reliable and timely delivery of bearings is essential to maintain production schedules and customer satisfaction. Companies seeking to capitalize on market opportunities and navigate these challenges effectively must focus on building strong supplier relationships, investing in technology to mitigate price volatility, and complying with regulatory requirements.
What will be the size of the India Bearings Market during the forecast period?
- The Indian bearing market encompasses various types of bearings, including ball bearings, plastic bearings, sealed bearings, composite bearings, and miniature bearings. This market caters to diverse industries such as machine tools, electrical machinery, and manufacturing sectors. Bearing maintenance practices play a crucial role in ensuring extended bearing life and minimizing downtime. company competition intensifies due to the focus on high-performance bearings, energy efficiency, and friction reduction. ANSI standards and bearing regulations guide the industry, while bearing certification and replacement procedures address safety concerns. Market growth is driven by factors such as bearing innovation, temperature and wear resistance, and shock absorption.
- Sustainability is a key trend, with a focus on low-maintenance bearings and bearing recycling. Bearing design and testing are essential for optimizing bearing performance and minimizing failure modes. Hydrodynamic bearings, sleeve bearings, magnetic bearings, and air bearings offer unique advantages in terms of vibration damping, corrosion resistance, and bearing capacity. Bearing market analysis provides insights into market size, trends, and future forecasting, enabling businesses to make informed decisions.
How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Product Type
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India: Year-over-year growth 2024-2029 (%)
- Data Table on India: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Bearings Market in India 2019 - 2023
- Historic Market Size - Data Table on Bearings Market in India 2019 - 2023 ($ million)
- 5.2 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
- 5.3 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
- 5.4 Product Type segment analysis 2019 - 2023
- Historic Market Size - Product Type Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 AI Impact on Bearings Market in India
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by End-user
- 8.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
- 8.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 8.3 Automotive industry - Market size and forecast 2024-2029
- Chart on Automotive industry - Market size and forecast 2024-2029 ($ million)
- Data Table on Automotive industry - Market size and forecast 2024-2029 ($ million)
- Chart on Automotive industry - Year-over-year growth 2024-2029 (%)
- Data Table on Automotive industry - Year-over-year growth 2024-2029 (%)
- 8.4 Heavy industry - Market size and forecast 2024-2029
- Chart on Heavy industry - Market size and forecast 2024-2029 ($ million)
- Data Table on Heavy industry - Market size and forecast 2024-2029 ($ million)
- Chart on Heavy industry - Year-over-year growth 2024-2029 (%)
- Data Table on Heavy industry - Year-over-year growth 2024-2029 (%)
- 8.5 ARS industry - Market size and forecast 2024-2029
- Chart on ARS industry - Market size and forecast 2024-2029 ($ million)
- Data Table on ARS industry - Market size and forecast 2024-2029 ($ million)
- Chart on ARS industry - Year-over-year growth 2024-2029 (%)
- Data Table on ARS industry - Year-over-year growth 2024-2029 (%)
- 8.6 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 8.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
9 Market Segmentation by Product
- 9.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)
- 9.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 9.3 Anti-friction bearings - Market size and forecast 2024-2029
- Chart on Anti-friction bearings - Market size and forecast 2024-2029 ($ million)
- Data Table on Anti-friction bearings - Market size and forecast 2024-2029 ($ million)
- Chart on Anti-friction bearings - Year-over-year growth 2024-2029 (%)
- Data Table on Anti-friction bearings - Year-over-year growth 2024-2029 (%)
- 9.4 Magnetic bearings - Market size and forecast 2024-2029
- Chart on Magnetic bearings - Market size and forecast 2024-2029 ($ million)
- Data Table on Magnetic bearings - Market size and forecast 2024-2029 ($ million)
- Chart on Magnetic bearings - Year-over-year growth 2024-2029 (%)
- Data Table on Magnetic bearings - Year-over-year growth 2024-2029 (%)
- 9.5 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 9.6 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)
10 Market Segmentation by Product Type
- 10.1 Market segments
- Chart on Product Type - Market share 2024-2029 (%)
- Data Table on Product Type - Market share 2024-2029 (%)
- 10.2 Comparison by Product Type
- Chart on Comparison by Product Type
- Data Table on Comparison by Product Type
- 10.3 Ball bearings - Market size and forecast 2024-2029
- Chart on Ball bearings - Market size and forecast 2024-2029 ($ million)
- Data Table on Ball bearings - Market size and forecast 2024-2029 ($ million)
- Chart on Ball bearings - Year-over-year growth 2024-2029 (%)
- Data Table on Ball bearings - Year-over-year growth 2024-2029 (%)
- 10.4 Roller bearings - Market size and forecast 2024-2029
- Chart on Roller bearings - Market size and forecast 2024-2029 ($ million)
- Data Table on Roller bearings - Market size and forecast 2024-2029 ($ million)
- Chart on Roller bearings - Year-over-year growth 2024-2029 (%)
- Data Table on Roller bearings - Year-over-year growth 2024-2029 (%)
- 10.5 Plain bearings - Market size and forecast 2024-2029
- Chart on Plain bearings - Market size and forecast 2024-2029 ($ million)
- Data Table on Plain bearings - Market size and forecast 2024-2029 ($ million)
- Chart on Plain bearings - Year-over-year growth 2024-2029 (%)
- Data Table on Plain bearings - Year-over-year growth 2024-2029 (%)
- 10.6 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 10.7 Market opportunity by Product Type
- Market opportunity by Product Type ($ million)
- Data Table on Market opportunity by Product Type ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity/Restraints
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 AB SKF
- AB SKF - Overview
- AB SKF - Business segments
- AB SKF - Key news
- AB SKF - Key offerings
- AB SKF - Segment focus
- SWOT
- 14.5 Adarsh Bearings Pvt. Ltd.
- Adarsh Bearings Pvt. Ltd. - Overview
- Adarsh Bearings Pvt. Ltd. - Product / Service
- Adarsh Bearings Pvt. Ltd. - Key offerings
- SWOT
- 14.6 ARB Bearing
- ARB Bearing - Overview
- ARB Bearing - Product / Service
- ARB Bearing - Key offerings
- SWOT
- 14.7 DCM Ltd.
- DCM Ltd. - Overview
- DCM Ltd. - Product / Service
- DCM Ltd. - Key offerings
- SWOT
- 14.8 MBP BEARINGS PVT. LTD.
- MBP BEARINGS PVT. LTD. - Overview
- MBP BEARINGS PVT. LTD. - Product / Service
- MBP BEARINGS PVT. LTD. - Key offerings
- SWOT
- 14.9 Nishan Bearings Co.
- Nishan Bearings Co. - Overview
- Nishan Bearings Co. - Product / Service
- Nishan Bearings Co. - Key offerings
- SWOT
- 14.10 NRB Bearings Ltd.
- NRB Bearings Ltd. - Overview
- NRB Bearings Ltd. - Product / Service
- NRB Bearings Ltd. - Key offerings
- SWOT
- 14.11 NSK Ltd.
- NSK Ltd. - Overview
- NSK Ltd. - Product / Service
- NSK Ltd. - Key news
- NSK Ltd. - Key offerings
- SWOT
- 14.12 NTN Corp.
- NTN Corp. - Overview
- NTN Corp. - Business segments
- NTN Corp. - Key offerings
- NTN Corp. - Segment focus
- SWOT
- 14.13 Schaeffler AG
- Schaeffler AG - Overview
- Schaeffler AG - Business segments
- Schaeffler AG - Key news
- Schaeffler AG - Key offerings
- Schaeffler AG - Segment focus
- SWOT
- 14.14 Sneha Bearings and Engineering LLP
- Sneha Bearings and Engineering LLP - Overview
- Sneha Bearings and Engineering LLP - Product / Service
- Sneha Bearings and Engineering LLP - Key offerings
- SWOT
- 14.15 SRIJI GOPALJI INDUSTRIES PVT LTD.
- SRIJI GOPALJI INDUSTRIES PVT LTD. - Overview
- SRIJI GOPALJI INDUSTRIES PVT LTD. - Product / Service
- SRIJI GOPALJI INDUSTRIES PVT LTD. - Key offerings
- SWOT
- 14.16 The Timken Co.
- The Timken Co. - Overview
- The Timken Co. - Business segments
- The Timken Co. - Key news
- The Timken Co. - Key offerings
- The Timken Co. - Segment focus
- SWOT
- 14.17 Turbo Bearings Pvt. Ltd
- Turbo Bearings Pvt. Ltd - Overview
- Turbo Bearings Pvt. Ltd - Product / Service
- Turbo Bearings Pvt. Ltd - Key offerings
- SWOT
- 14.18 Vimal Bearings
- Vimal Bearings - Overview
- Vimal Bearings - Product / Service
- Vimal Bearings - Key offerings
- SWOT
15 Appendix
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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