A bearing, with a long-standing reputation as “the joint of auto industry”, has an important influence on the vehicle performance. In recent years, the growing sales volume of vehicles in China has driven a sustained sharp rise in the market demand for automobile bearings.
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China Automobile Bearing Industry Report, 2014-2017 - Market Analysis, Growth
1. China Automobile Bearing Industry Report, 2014-2017
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Description
2. A bearing, with a long-standing reputation as “the joint of auto industry”,
has an important influence on the vehicle performance. In recent years, the
growing sales volume of vehicles in China has driven a sustained sharp rise
in the market demand for automobile bearings.
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In terms of market competition, China’s automobile bearing industry has the
following two characteristics:
A. Large international enterprises are entering China.
As of 2014, eight foreign bearing companies – SKF, Schaeffler, Timken,
NSK, NTN, JTEKT, NACHI, and Minebea had established roughly 30
production plants in China. Foreign branded bearings have recorded a year-
3. by-year increase in the share of the Chinese PV bearing market, especially
in bearing products that yield high value-added, including engines,
transmissions, and wheel hubs.
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B. Domestic bearing enterprises are accelerating the layout of auto
industry.
Currently, there are some 30 local automobile bearing manufacturers in
China, 65% of which are targeted mainly at aftermarket, 21% supply
products to commercial vehicle manufacturers and only 14% offer bearing
products to passenger vehicle market. Of all the Chinese enterprises,
Wangfangdian Bearing Group, Luoyang LYC Bearing, Harbin Bearing,
Wanxiang Qianchao, Xiangyang Bearing, and Hailin Bearing have developed
4. at a faster pace in recent years, with Wangfangdian Bearing, Luoyang LYC
Bearing and Harbin Bearing accounting for a larger share of the mid- and
high-end market.
At present, the Chinese enterprises are stepping up the layout of automobile
bearing industry, with many companies occupied in production line
construction and capacity expansion.
Table of Content
1. Brief Introduction to Automobile Bearing
1.1 Definition
1.2 Classification
1.3 Policy Environment
2 Automobile Bearing-related Industries
5. 2.1 Overview of Automobile Industry
2.2 Passenger Vehicle
2.3 Commercial Vehicle
3 Overview of Automobile Bearing Market
3.1 Overview
3.2 Market Demand
3.3 Enterprise Competition
3.4 Record Fines on 12 Japanese Auto Parts and Bearing Manufactures
3.5 The South Korean Government Gave 9 Bearing Manufacturers from
Japan and Germany a Fine of USD70.7 Million
3.6 Development Trend
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