Released on = April 14, 2007, 4:26 am

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = Official statistics indicate that the apparent UK market for
bearings, parts for bearings (excluding balls, needles and rollers for bearings) and
bearing housings incorporating bearings expanded by 4.5% in 2005, to £401.8m.

Press Release Body = Bearings Market Report 2007

Executive Summary

Official statistics indicate that the apparent UK market for bearings, parts for
bearings (excluding balls, needles and rollers for bearings) and bearing housings
incorporating bearings expanded by 4.5% in 2005, to £401.8m. Of this total, ball
bearings made up the largest single sector. It is estimated that the total apparent
UK market fell to £385.2m in 2006.

UK manufacturers\' sales of bearings, parts for bearings (excluding balls, needles
and rollers) and bearings in housings totalled £396.5m in 2005. Estimates for 2006
anticipate the market having slipped back by 1.5% to £390.5m as higher gains in
previous years were compensated and as growth in demand slowed to moderate
historical levels.

These figures relate to rolling bearings, which consist of an inner and an outer
raceway, with a cage of rolling elements between the two. The market is generally
subdivided into ball bearings, tapered roller bearings, cylindrical roller bearings,
needle roller bearings and spherical roller bearings. Linear-motion bearings and
bearing housings incorporating bearings are other important subsectors. Plain
bearings, which usually require external lubrication, are not covered by this
report.

The bearing market is generally considered to be part of the power-transmission
market, which includes automotive transmission systems. In 2004, bearings and
bearing housings accounted for 42.9% of the £1.07bn apparent non-automotive
power-transmission market.

The market is dominated by the larger bearing manufacturers, which are subsidiaries
of overseas firms, principally with Swedish, Japanese, German, French and US
ownership. Imports from these countries form the majority of supplies brought into
the market from overseas, although Chinese and other Asian sources are growing in
importance. The major car manufacturers are thought to be the principal purchasers
of bearings exported from the UK.

The apparent UK market for bearings is expected to show modest growth over the next
5 years, rising to £500.3m by 2011. The strength of sterling will continue to
inhibit exports, but the expansion of transport, aerospace and construction demand
for bearings will improve the market\'s prospects.

Web Site = www.bharatbook.com

Contact Details = 207, Hermes Atrium,
Sector 11, Plot No.57
CBD Belapur