Research and Markets (http://www.researchandmarkets.com/research/cv8lkc/european) has announced the addition of the "European Anti-Friction Bearings Market 2014-2018" report to their offering.
The report, the European Anti-Friction Bearings market 2013-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the European Anti-Friction Bearings market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Promotion of renewable energy is one of the key trends emerging in this market. The emphasis on renewable energy is growing rapidly in North America and Europe, with wind energy harvesting being one of the most sought-after solutions. With a growing need for newer infrastructure to sustain energy demand, the European Wind Energy Harvesting industry is expected to witness large-scale expansion in the future.
According to the report, need for high-quality goods is one of the key drivers of this market. Quality is a key parameter for the selection of a bearing supplier. Bearing manufacturers are required to undergo intense testing and certifications and their products are only approved if the required conditions are met.
Further, the report states that economic instability in the European economy and rising costs of raw materials are some of the key challenges that the market faces. Lack of brand loyalty among customers has resulted in low-cost anti-friction bearings, mostly from Asia, flooding the European market. This, in turn, poses a threat to the market share of local manufacturers.
The European Anti-friction Bearings market has been classified into five segments:
Ball Bearing
- Needle Roller Bearing
- Tapered Roller Bearing
- Cylindrical Roller Bearing
- Spherical Roller Bearing
End-Industries
- Aerospace
- Automotive
- Industrial Equipment
- Machinery Manufacturing
Key Vendors
- AB SKF
- Schaeffler Technologies
- Timken
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Product
- Market Segmentation by End-users
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/cv8lkc/european
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Sector: Engineering