2014-02-03 08:26:03 - Bearings, Gears, and Driving Elements in Indonesia: ISIC 2913 - a new market research report on companiesandmarkets.com
23% annual surge in total market from 2007; automotive manufacturers fuel demand. 36% of demand served by imports; half of foreign production comes from Japan. Exports´ share of total output falls to 8% in 2012; Singapore receives over a third of Indonesian exports. Labour costs account for only 2% of total expenses, profit margin expands four percentage points to 18% of turnover.
13% annual growth in local producers´ revenue expected over period to 2018; gears, gearing and other driving elements category to develop faster.
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