Automotive Bearing Market by Bearing Type (Ball Bearing, Roller Bearing, and Other Bearings), Application (Wheel Hub, Transmission, Drivetrain, Engine, and Interior & Exterior), Vehicle Type (Passenger Cars, LCVs, and HCVs), EV Type, Aftermarket (Wheel Hub, Transmission, Drivetrain, Engine, and Interior & Exterior) and Region - Global Forecast to 2032

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USD 12.83 BN
MARKET SIZE, 2030
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CAGR 11.97%
(2025-2032)
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250
REPORT PAGES
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275
MARKET TABLES

OVERVIEW

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The global automotive bearing market for EVs is valued at USD 5.81 billion in 2025 and is projected to reach USD 12.82 billion by 2032, at a CAGR of 11.97%, during the forecast period (2025–2032). The automotive bearing market for ICE vehicles is projected to reach USD 31.72 billion by 2032, growing at a CAGR of 0.32% from 2025. Electrification is reshaping usage with ceramic and deep-groove ball bearings for e-motors, cylindrical roller bearings for e-axles, and specialized bearings for dedicated transmissions. The rise of smart sensor-embedded bearings is enabling real-time monitoring and predictive maintenance, while the growing demand for luxury vehicle interior features is pushing manufacturers to deliver quieter, smoother, and more durable solutions.

KEY TAKEAWAYS

  • BY BEARING TYPE
    Increasing use of ceramic and hybrid bearings combining ceramic rolling elements with steel races provides lower friction, higher durability, and better heat and corrosion resistance, making them ideal for lightweight, high performance electric and hybrid vehicles.
  • BY EV TYPE
    Battery electric vehicles hold the largest share of the bearings market within the EV type segment, driven by the rapid global shift toward full electrification and the scaling of EV manufacturing capacity. While BEVs generally utilize fewer bearings than hybrid vehicles because they lack an internal combustion engine, the high volume of BEV production remains significant.
  • BY VEHICLE TYPE
    Rising demand for efficient and reliable HVAC system bearings is supported by growing consumer expectations for superior climate control and comfort features, especially in electric and premium vehicles.
  • BY APPLICATION
    The increasing adoption of Turbocharged Gasoline Direct Injection engines is driving the demand for advanced engine bearings that offer enhanced durability and heat resistance to withstand higher combustion pressures and temperatures.
  • BY AFTERMARKET
    The expanding average age of vehicles globally is fueling aftermarket demand for high-quality replacement bearings. Older fleets require more frequent maintenance and component upgrades to maintain performance and safety.
  • BY REGION
    Asia Pacific is projected to be the fastest-growing region in the global automotive bearing market during the forecast period.
  • COMPETITIVE LANDSCAPE
    NSK Ltd., NTN Corporation, Timken Company, JTEKT Corporation, and Nachi Fujikoshi dominate the industry. These companies are working on product innovation, developing low-friction, lightweight, and highly durable bearings. They are also focusing on OEM collaborations and long-term supply contracts to maintain market positioning.

The global automotive bearing market is on a steady growth path, driven by the critical role bearings play in enhancing vehicle performance, safety, and durability. The adoption of automatic transmissions is boosting the use of specialized transmission bearings. Shift to TGDI and downsized engines is driving the demand for high-load and high-speed bearings. Similarly, growing SUV demand is also accelerating the shift toward tapered and cylindrical bearing designs.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The automotive bearings market is witnessing a transformation, driven by technological shifts and evolving client priorities across the mobility ecosystem. As electrification, autonomy, and advanced safety systems gain traction, traditional revenue sources like legacy steel bearings and conventional mechanical designs are beginning to plateau. In their place, next-generation solutions such as sensor-integrated bearings, magnetic systems, and ceramic hybrid bearings are emerging as the new growth engines.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • High precision bearings for ADAS applications
  • Emergence of specialized bearing designs tailored for electric powertrains and high-speed e-motors
RESTRAINTS
Impact
Level
  • Reduced bearing demand due to simplified EV powertrains
  • Raw material price volatility impacting costs and margins
OPPORTUNITIES
Impact
Level
  • Adoption of sensor-integrated bearings for condition-based monitoring and predictive maintenance
  • Use of alternate materials like ceramics and polymers to boost efficiency and lifespan
CHALLENGES
Impact
Level
  • Persistent supply chain instability and extended lead times
  • Declining replacement cycles due to long-lasting, sealed bearing units

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: High precision bearings for ADAS applications

Modern vehicles with advanced features like lane-keeping assist, automated emergency braking, adaptive cruise control, and hands-free steering rely on sensors and actuators that demand consistent, ultra-smooth mechanical motion. This shift has elevated the importance of high-precision, low-friction bearings that can operate with minimal noise, vibration, and harshness (NVH) while maintaining exacting dimensional tolerances over extended lifecycles.

Restraint: Reduced bearing demand due to simplified EV powertrains

The transition from internal combustion engine vehicles to electric powertrains has significantly altered the mechanical architecture of modern vehicles. Unlike ICE systems, which rely on complex multi-speed transmissions, crankshafts, camshafts, and auxiliary systems requiring multiple types of bearings, electric vehicles often utilize single-speed gearboxes and fewer moving parts.

Opportunity: Adoption of sensor-integrated bearings for condition-based monitoring and predictive maintenance

Sensor-integrated bearings are being used to monitor key parameters, such as temperature, vibration, load, and rotational speed, allowing real-time insights into the bearing’s health and operational environment. This functionality enables condition-based monitoring, which forms the foundation of predictive maintenance strategies across automotive, industrial, and mobility applications.

Challenge: Persistent supply chain instability and extended lead times

Global bearing manufacturers face disruptions caused by logistical bottlenecks, port congestion, and escalating trade tensions, further complicated by shifting tariff regimes and geopolitical uncertainty. Rising costs of essential inputs such as chrome steel, aluminum, ceramics, and rare earth elements, coupled with higher freight charges and customs delays, have created significant procurement and financial unpredictability.

Automotive Bearing Market: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Advanced automotive bearings with low-friction coatings for passenger and commercial vehicles Reduced friction losses, improved fuel efficiency, extended service life
Electrified vehicle bearings designed for e-axles and electric motors High-speed performance, reduced noise and vibration, longer durability under high torque
Bearings integrated with sensors for condition monitoring in vehicles Real-time performance data, predictive maintenance, reduced downtime
Lightweight wheel hub bearings for electric and hybrid vehicles Improved energy efficiency, reduced vehicle weight, longer wheel-end life
Sealed bearings with enhanced lubrication for harsh environments Lower maintenance needs, better resistance to contamination, extended bearing reliability

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

This section highlights various players in the automotive bearings market ecosystem, primarily represented by automotive bearing manufacturers, distributors, and automotive OEMs. The automotive bearing ecosystem includes raw material suppliers, such as Ovako, VDM Metals, Kobelco, and TK Steels, who provide high-quality steel and alloys required for durable bearing production. These raw materials are then used by bearing manufacturers like SKF, NSK, NTN, JTEKT, and Timken to design and produce precision bearings. The finished bearings are supplied to Tier 1 suppliers and component providers such as Dana, Magna, ZF, and GKN, who integrate them into critical automotive systems, including powertrains, drivetrains, and chassis components. Finally, OEMs like Tesla, BYD, Nissan, Hyundai, GM, and Volkswagen incorporate these systems into complete vehicles, delivering the final product to end consumers.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Automotive Bearing Market, By Bearing Type

Ball bearings are widely used in the automotive industry because they can handle various loads while providing smooth, low-friction rotation. Their compact size, low cost, and maintenance make them essential for a range of critical applications across automotive drivetrains, engines, interiors, and other components.

Automotive Bearing Market, By EV Type

The electric vehicle market, encompassing battery electric vehicles and plug-in hybrid electric vehicles, is rapidly transforming the automotive sector. Stricter emission norms, advancing technology, and supportive policies are accelerating adoption, reshaping bearing design and demand across both vehicle types.

Automotive Bearing Market, By Vehicle Type

The passenger car segment leads the market, driven by EV growth and demand for efficient, durable bearings. Manufacturers are innovating EV-specific designs and advanced materials. Collaborations with OEMs accelerate this evolution. This segment is the largest and most dynamic in the bearings industry.

Automotive Bearing Market, By Application

Automotive bearings are used in interior systems like seats and HVAC, as well as exterior features such as sunroofs and power liftgates. The increasing demand for premium features and advanced systems is driving the need for durable, low-friction bearings. These components ensure smooth, quiet, and reliable operation throughout a vehicle's life.

Automotive Bearing Market, By Aftermarket

The automotive bearings aftermarket ensures vehicle reliability and safety by replacing worn components with precision solutions. The demand is driven by vehicle age, maintenance frequency, and regulatory standards. Advances in automotive technology, including ADAS and comfort features, boost demand for high-performance, specialized bearings. This creates growth opportunities for suppliers offering durable, premium replacement parts that meet evolving customer needs.

REGION

Asia Pacific to be the fastest-growing region in the global automotive bearing market during the forecast period

The Asia Pacific automotive bearings market is set for strong growth, driven by its manufacturing prowess and increasing vehicle ownership. Key countries like China, India, Japan, and South Korea are leading this expansion, each with unique market dynamics. The region's demand for advanced bearing technologies is further boosted by urbanization, infrastructure development, and government incentives for fuel efficiency.

Automotive Bearing Market: COMPANY EVALUATION MATRIX

The company evaluation matrix for the market positions players based on market share, rank, and product footprint. In the Stars quadrant, NSK leads the market with global scale, a broad product portfolio, and long-standing OEM relationships. Its focus on lightweight, low-friction, and sensor-enabled bearings strengthens its presence across passenger, commercial, and electric vehicles. In the Emerging Leaders quadrant, Schaeffler is building momentum with precision e-mobility bearings, hybrid assemblies, and strategic synergies following the Vitesco merger.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2024 (Value) USD 29.62 Billion (ICE Segment)
Revenue Forecast in 2032 (Value) USD 31.72 Billion (ICE Segment)
Growth Rate CAGR of 0.32% from 2025 to 2032 (ICE Segment)
Years Considered 2021–2032
Base Year 2024
Forecast Period 2025–2032
Units Considered Value (USD Million/Billion); Volume (Thousand Units)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments Covered
  • Bearing Type:
    • Ball Bearing
    • Roller Bearing
    • Other Bearings
  • EV Type: BEV & PHEV
  • Vehicle Type:
    • Passenger Cars
    • Light Commercial Vehicles
    • Heavy Commercial Vehicles
  • Application:
    • Wheel Hub
    • Transmission System
    • Drivetrain
    • Engine
    • Interior & Exterior
  •  
Regional Scope Asia Pacific, North America, Europe, Rest of the World

WHAT IS IN IT FOR YOU: Automotive Bearing Market REPORT CONTENT GUIDE

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Automotive OEMs Requirement analysis of bearings for ICE, hybrid, and electric vehicles Benchmarking of supplier offerings across wheel hub, engine, and transmission applications Assessment of lightweight and high-performance materials such as ceramics and composites Identify optimal bearing solutions for improved vehicle efficiency Support long-term sourcing strategy for diversified platforms Enable cost and weight reduction through advanced materials
Bearing Manufacturers Competitive benchmarking against global peers on product portfolios and technology focus Evaluation of demand for EV-specific motor and e-axle bearings Assessment of integration of sensor-enabled smart bearings Highlight opportunities in EV and hybrid markets Map technology convergence with predictive maintenance solutions Identify aftermarket opportunities for intelligent bearing systems
Automotive Component Suppliers Analysis of demand for low-friction and high-durability bearings in drivetrains and chassis systems Mapping of technology adoption for noise and vibration reduction Market sizing of hub unit and gearbox bearings Support diversification into EV-ready bearing solutions Provide input for product development aligned with OEM needs Strengthen positioning in high-growth applications
Investment Funds Market consolidation and acquisition target assessment Revenue forecasts by vehicle type and propulsion technology Evaluation of disruption from ceramic and smart bearing technologies Support due diligence for bearing manufacturer acquisitions Identify high-growth segments within electrification and autonomous driving Assess long-term demand outlook across global markets
Fleet Operators/Logistics Companies Bearings designed for high-load and high-mileage performance in commercial vehicles Solutions with extended lubrication intervals and sealed units Aftermarket supply and service support Reduced downtime and maintenance costs Longer bearing life under demanding duty cycles Better fleet efficiency and total cost of ownership
Aftermarket Customers Wide range of replacement bearings compatible with multiple vehicle models Availability of remanufactured and cost-effective bearing solutions Support for regional distribution networks Affordable and reliable replacement options Strengthened service and parts availability Increased trust through warranty and technical support

RECENT DEVELOPMENTS

  • 5/1/2025 12:00:00 AM : NTN established volume production technology for bearings using its proprietary HA-C heat treatment, which increases steel hardness and enables size and weight reduction while extending lifespan. Prototypes for deep groove ball bearings have been released, targeting e-axles, transmissions, and compressors, with mass production expected in H2 FY 2026. NTN aims for approximately 10.01 million units in sales by FY 2030 and plans to extend adoption to industrial applications.
  • 4/1/2025 12:00:00 AM : NTN developed a technology to identify the mechanism of electrolytic corrosion in bearings, focusing on discharge phenomena linked to abnormal noise and vibration. This technology predicts bearing life and optimizes product recommendations based on user-specific operating conditions. Field testing with selected customers is underway, with commercialization targeted for spring 2027.
  • 3/1/2025 12:00:00 AM : NSK developed a compact, lightweight ball bearing for EV e-axles with 25% less friction and > 2.14 M dmn, enabling 2.2 kg weight reduction and 0.09% energy efficiency gain.
  • 9/1/2024 12:00:00 AM : NSK developed a new low-friction hub bearing that reduces frictional resistance by 40% while maintaining water resistance. Key innovations include a U-shaped slinger, fewer contact lips, low-viscosity grease, and the world’s first laser-processed seal surface. These improvements enhanced fuel and power efficiency. NSK targets JPY 20 billion in sales by 2026 through global OEM adoption.
  • 5/1/2024 12:00:00 AM : NTN developed the Low Friction Hub Bearing V, featuring newly formulated low-torque grease that reduces rotational friction by ~64% compared to conventional products. The grease enhances base oil retention and reduces thickener volume using fine particulates. NTN aims for JPY 4.5 billion in sales by FY 2030 and plans to showcase the product at the Automotive Engineering Exposition 2024.

 

Table of Contents

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TITLE
PAGE NO
1
INTRODUCTION
 
 
 
27
2
RESEARCH METHODOLOGY
 
 
 
36
3
EXECUTIVE SUMMARY
 
 
 
50
4
PREMIUM INSIGHTS
 
 
 
54
5
MARKET OVERVIEW
Electric vehicle trends reshape bearing demand with innovative designs and sensor-integrated, efficient solutions.
 
 
 
58
 
5.1
INTRODUCTION
 
 
 
 
5.2
MARKET DYNAMICS
 
 
 
 
 
5.2.1
DRIVERS
 
 
 
 
 
5.2.1.1
Demand for high-precision bearings for ADAS applications
 
 
 
 
5.2.1.2
Emergence of specialized bearing designs tailored for electric powertrains and high-speed e-motors
 
 
 
 
5.2.1.3
Increasing vehicle life to drive demand for aftermarket bearings in automobiles
 
 
 
5.2.2
RESTRAINTS
 
 
 
 
 
5.2.2.1
Reduced demand for bearings due to simplified EV powertrains
 
 
 
 
5.2.2.2
Declining replacement cycles due to long-lasting, sealed bearing units
 
 
 
5.2.3
OPPORTUNITIES
 
 
 
 
 
5.2.3.1
Adoption of sensor-integrated bearings for condition-based monitoring and predictive maintenance
 
 
 
 
5.2.3.2
Use of alternate materials like ceramics and polymers to boost efficiency and lifespan
 
 
 
5.2.4
CHALLENGES
 
 
 
 
 
5.2.4.1
Persistent supply chain instability and extended lead times
 
 
 
 
5.2.4.2
Raw material price volatility impacting costs and margins
 
 
5.3
PRICING ANALYSIS
 
 
 
 
 
 
5.3.1
AVERAGE SELLING PRICE TREND OF AUTOMOTIVE BEARINGS, BY APPLICATION
 
 
 
 
5.3.2
AVERAGE SELLING PRICE TREND OF AUTOMOTIVE BEARINGS, BY KEY PLAYER
 
 
 
 
5.3.3
AVERAGE SELLING PRICE TREND, BY REGION
 
 
 
5.4
TRADE ANALYSIS
 
 
 
 
 
 
5.4.1
IMPORT SCENARIO (HS CODE 848210)
 
 
 
 
5.4.2
EXPORT SCENARIO (HS CODE 848210)
 
 
 
5.5
ECOSYSTEM ANALYSIS
 
 
 
 
 
 
5.5.1
RAW MATERIAL SUPPLIERS
 
 
 
 
5.5.2
AUTOMOTIVE BEARING MANUFACTURERS
 
 
 
 
5.5.3
TIER I COMPANIES/COMPONENT PROVIDERS
 
 
 
 
5.5.4
AUTOMOTIVE OEMS
 
 
 
5.6
SUPPLY CHAIN ANALYSIS
 
 
 
 
 
 
5.6.1
RAW MATERIAL SUPPLIERS
 
 
 
 
5.6.2
TIER I COMPANIES/COMPONENT PROVIDERS
 
 
 
 
5.6.3
AUTOMOTIVE OEMS
 
 
 
5.7
TECHNOLOGY ANALYSIS
 
 
 
 
 
5.7.1
KEY TECHNOLOGIES
 
 
 
 
 
5.7.1.1
Smart-sensored bearings as enablers of predictive maintenance architecture
 
 
 
 
5.7.1.2
Emerging role of magnetic bearings in electrified vehicle architectures
 
 
 
 
5.7.1.3
Electromagnetic bearings enabling adaptive ride and chassis stabilization
 
 
 
5.7.2
COMPLEMENTARY TECHNOLOGIES
 
 
 
 
 
5.7.2.1
Self-lubricating bearings with nano-coatings for electrified mobility
 
 
 
5.7.3
ADJACENT TECHNOLOGIES
 
 
 
 
 
5.7.3.1
Hybrid ceramic bearings for high-speed electric drivetrains
 
 
5.8
PATENT ANALYSIS
 
 
 
 
 
5.9
STRATEGIC DEVELOPMENTS IN AUTOMOTIVE BEARINGS: ELECTRIFIED POWERTRAINS, DIGITAL ENGINEERING, AND COLLABORATIVE ECOSYSTEMS
 
 
 
 
 
 
5.9.1
INTEGRATION OF BEARINGS WITH ELECTRIFIED POWERTRAIN ARCHITECTURE
 
 
 
 
 
5.9.1.1
Bearing systems for e-motors and compact EV architectures
 
 
 
 
5.9.1.2
Lubrication under thermal constraints in EV bearings
 
 
 
 
5.9.1.3
Miniaturized power, maximized performance: Bearings for integrated e-drives
 
 
 
5.9.2
DIGITAL TWINS AND SIMULATION IN BEARING DESIGN
 
 
 
 
 
5.9.2.1
Virtual load prediction in automotive bearings
 
 
 
 
5.9.2.2
Predictive failure modeling in bearing design
 
 
 
 
5.9.2.3
Simulation-driven prototyping in development of bearings
 
 
 
5.9.3
COLLABORATIVE BEARING ECOSYSTEM
 
 
 
 
 
5.9.3.1
Co-engineering bearings for electric and autonomous vehicles
 
 
 
 
5.9.3.2
Long-term sourcing contracts for supply of platform-centric bearings
 
 
 
 
5.9.3.3
Risk-sharing frameworks in bearing innovation partnerships
 
 
 
5.9.4
SUSTAINABILITY METRICS AND CIRCULAR ECONOMY POTENTIAL
 
 
 
 
 
5.9.4.1
Material use and reduction of emissions through remanufacturing of bearings
 
 
 
 
5.9.4.2
Re-engineering bearings for greener rulebook
 
 
5.10
REGULATORY LANDSCAPE
 
 
 
 
 
5.10.1
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
5.10.2
REGULATORY FRAMEWORK, BY COUNTRY
 
 
 
 
 
5.10.2.1
US
 
 
 
 
5.10.2.2
China
 
 
 
 
5.10.2.3
Japan
 
 
 
 
5.10.2.4
India
 
 
 
 
5.10.2.5
South Korea
 
 
 
 
5.10.2.6
Brazil
 
 
 
 
5.10.2.7
Europe
 
 
5.11
CASE STUDY ANALYSIS
 
 
 
 
 
5.11.1
SKF INSIGHT DEVELOPED SMART BEARING SYSTEM TO TURN CONVENTIONAL BEARINGS INTO SELF-MONITORING COMPONENTS
 
 
 
 
5.11.2
NTN CORPORATION DEVELOPED PIONEERING SENSORINTEGRATED BEARING THAT EMBEDS SENSORS
 
 
 
 
5.11.3
SKF GROUP PARTNERED WITH VALEO TO DEVELOP HIGHLY INTEGRATED MAGNETIC SENSOR-BEARING UNIT TO ENABLE EFFICIENT STOP-START FUNCTION IN MICRO-HYBRID VEHICLES
 
 
 
 
5.11.4
TIMKEN COMPANY (US) DEVELOPED SENSORPAC BEARING PACKAGE FOR INTEGRATED ABS & TRACTION CONTROL
 
 
 
5.12
KEY CONFERENCES & EVENTS, 2025–2026
 
 
 
 
5.13
IMPACT OF AI
 
 
 
 
 
5.14
KEY STAKEHOLDERS & BUYING CRITERIA
 
 
 
 
 
 
5.14.1
KEY STAKEHOLDERS IN BUYING PROCESS
 
 
 
 
5.14.2
BUYING CRITERIA
 
 
 
5.15
TRENDS & DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
5.16
US 2025 TARIFF
 
 
 
6
MARKET, BY APPLICATION
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 24 Data Tables
 
 
 
105
 
6.1
INTRODUCTION
 
 
 
 
6.2
WHEEL HUB
 
 
 
 
 
6.2.1
INTEGRATION OF ABS AND ESC SYSTEMS TO DRIVE MARKET
 
 
 
6.3
TRANSMISSION
 
 
 
 
 
6.3.1
SHIFT TOWARD AUTOMATIC TRANSMISSION TO IMPACT DEMAND
 
 
 
6.4
DRIVETRAIN
 
 
 
 
 
6.4.1
ADOPTION OF ALL-WHEEL-DRIVE (AWD) TO DRIVE DEMAND
 
 
 
6.5
ENGINE
 
 
 
 
 
6.5.1
GROWING ADOPTION OF TGDI OR LARGE ENGINES TO DRIVE DEMAND FOR ENGINE BEARINGS
 
 
 
6.6
INTERIOR & EXTERIOR
 
 
 
 
 
6.6.1
GROWING PREFERENCE FOR SUNROOFS, PREMIUM SEAT ADJUSTERS, AND MOTORIZED COMPONENTS TO BOOST DEMAND
 
 
 
6.7
KEY PRIMARY INSIGHTS
 
 
 
7
AUTOMOTIVE BEARING MARKET, BY BEARING TYPE
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 16 Data Tables
 
 
 
120
 
7.1
INTRODUCTION
 
 
 
 
7.2
BALL BEARING
 
 
 
 
 
7.2.1
NEED FOR LOW-MAINTENANCE COMPACT BEARINGS TO DRIVE MARKET
 
 
 
7.3
ROLLER BEARING
 
 
 
 
 
7.3.1
GROWING PREFERENCE FOR SUVS TO DRIVE DEMAND FOR ROLLER BEARINGS
 
 
 
7.4
OTHER BEARINGS
 
 
 
 
7.5
KEY PRIMARY INSIGHTS
 
 
 
8
AUTOMOTIVE BEARING MARKET, BY EV TYPE
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 20 Data Tables
 
 
 
129
 
8.1
INTRODUCTION
 
 
 
 
8.2
BEV
 
 
 
 
 
8.2.1
POPULARITY OF BEVS TO DRIVE GROWTH IN DEMAND FOR EV-SPECIFIC BEARINGS
 
 
 
8.3
PHEV
 
 
 
 
 
8.3.1
GROWING PHEV SALES DUE TO DUAL POWERTRAINS TO FUEL DEMAND
 
 
 
8.4
KEY PRIMARY INSIGHTS
 
 
 
9
AUTOMOTIVE BEARING MARKET, BY VEHICLE TYPE
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 16 Data Tables
 
 
 
138
 
9.1
INTRODUCTION
 
 
 
 
9.2
PASSENGER CARS
 
 
 
 
 
9.2.1
INCREASING DEMAND FOR PREMIUM CARS TO LEAD MARKET
 
 
 
9.3
LIGHT COMMERCIAL VEHICLES
 
 
 
 
 
9.3.1
DEMAND FOR ENHANCED LOAD CAPACITY AND THERMAL STABILITY TO DRIVE DEMAND FOR BEARINGS IN LCVS
 
 
 
9.4
HEAVY COMMERCIAL VEHICLES
 
 
 
 
 
9.4.1
GROWING DEMAND FOR AIR CONDITIONING IN CARS AND ADOPTION OF PREMIUM SAFETY FEATURES TO DRIVE DEMAND
 
 
 
9.5
KEY PRIMARY INSIGHTS
 
 
 
10
AUTOMOTIVE BEARING MARKET, BY AFTERMARKET
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 24 Data Tables
 
 
 
148
 
10.1
INTRODUCTION
 
 
 
 
10.2
AFTERMARKET WHEEL HUB
 
 
 
 
 
10.2.1
INTEGRATION OF ABS AND ESC SYSTEMS TO DRIVE HIGH WHEEL HUB BEARING REPLACEMENTS
 
 
 
10.3
AFTERMARKET TRANSMISSION
 
 
 
 
 
10.3.1
COMPLEX GEAR SYSTEMS IN MODERN AUTOMATICS TO CREATE HIGH DEMAND
 
 
 
10.4
AFTERMARKET DRIVETRAIN
 
 
 
 
 
10.4.1
NEED FOR CONTINUOUS POWER TRANSFER AND LOAD VARIATIONS TO ACCELERATE MARKET
 
 
 
10.5
AFTERMARKET ENGINE
 
 
 
 
 
10.5.1
RISING VEHICLE AGE AND ENGINE DOWNSIZING TO INCREASE STRAIN ON REPLACEMENT BEARINGS
 
 
 
10.6
AFTERMARKET INTERIOR & EXTERIOR
 
 
 
 
 
10.6.1
RISING DEMAND FOR PREMIUM COMFORT FEATURES IN VEHICLES TO BOOST INTERIOR & EXTERIOR BEARING REPLACEMENTS
 
 
 
10.7
KEY PRIMARY INSIGHTS
 
 
 
11
AUTOMOTIVE BEARING MARKET, BY REGION
Market Size & Growth Rate Forecast Analysis to 2032 in USD Million and Units | 84 Data Tables
 
 
 
160
 
11.1
INTRODUCTION
 
 
 
 
11.2
ASIA PACIFIC
 
 
 
 
 
11.2.1
MACROECONOMIC OUTLOOK
 
 
 
 
11.2.2
CHINA
 
 
 
 
 
11.2.2.1
Rising adoption of advanced powertrain to fuel demand for highperformance bearings
 
 
 
11.2.3
INDIA
 
 
 
 
 
11.2.3.1
Expanding vehicle ownership and production to drive growth in automotive bearings
 
 
 
11.2.4
JAPAN
 
 
 
 
 
11.2.4.1
Focus on precision engineering to drive demand for technologically advanced bearings
 
 
 
11.2.5
SOUTH KOREA
 
 
 
 
 
11.2.5.1
Rising demand for refinement to drive growth in interior automotive bearings
 
 
11.3
NORTH AMERICA
 
 
 
 
 
11.3.1
MACROECONOMIC OUTLOOK
 
 
 
 
11.3.2
US
 
 
 
 
 
11.3.2.1
Innovation and EV adoption to drive steady growth in market
 
 
 
11.3.3
CANADA
 
 
 
 
 
11.3.3.1
Increased vehicle production and demand for aftermarket to accelerate growth
 
 
 
11.3.4
MEXICO
 
 
 
 
 
11.3.4.1
Strategic manufacturing growth to fuel surge in demand for automotive bearings
 
 
11.4
EUROPE
 
 
 
 
 
11.4.1
MACROECONOMIC OUTLOOK
 
 
 
 
11.4.2
FRANCE
 
 
 
 
 
11.4.2.1
Strict urban emission policies to spur fleet renewal and upgrades
 
 
 
11.4.3
GERMANY
 
 
 
 
 
11.4.3.1
Strong OEM-aftermarket collaboration to ensure steady supply and high-quality bearings
 
 
 
11.4.4
ITALY
 
 
 
 
 
11.4.4.1
Demand for luxury and high-performance vehicles to sustain premium bearings market
 
 
 
11.4.5
SPAIN
 
 
 
 
 
11.4.5.1
Regulatory incentives and upcoming EURO 7 standards to drive electrification to impact demand
 
 
 
11.4.6
UK
 
 
 
 
 
11.4.6.1
Premium vehicle production to drive demand for automotive bearings
 
 
 
11.4.7
REST OF EUROPE
 
 
 
11.5
REST OF THE WORLD
 
 
 
 
 
11.5.1
MACROECONOMIC OUTLOOK
 
 
 
 
11.5.2
BRAZIL
 
 
 
 
 
11.5.2.1
Government incentives and strong local manufacturing to drive market
 
 
 
11.5.3
RUSSIA
 
 
 
 
 
11.5.3.1
Rising vehicle production and technological complexity to drive market
 
 
 
11.5.4
SOUTH AFRICA
 
 
 
 
 
11.5.4.1
Growing demand for comfort features in vehicles to boost need for interior & exterior bearings
 
12
COMPETITIVE LANDSCAPE
Discover key strategies and market shares defining industry leaders and emerging competitors in 2024.
 
 
 
213
 
12.1
OVERVIEW
 
 
 
 
12.2
KEY PLAYER STRATEGIES/RIGHT TO WIN
 
 
 
 
12.3
MARKET SHARE ANALYSIS, 2024
 
 
 
 
 
12.4
REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
 
 
 
 
 
12.5
COMPANY VALUATION AND FINANCIAL METRICS
 
 
 
 
 
12.5.1
COMPANY VALUATION
 
 
 
 
12.5.2
FINANCIAL METRICS
 
 
 
12.6
BRAND/PRODUCT COMPARISON
 
 
 
 
 
12.7
COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
 
 
 
 
 
 
12.7.1
STARS
 
 
 
 
12.7.2
EMERGING LEADERS
 
 
 
 
12.7.3
PERVASIVE PLAYERS
 
 
 
 
12.7.4
PARTICIPANTS
 
 
 
 
12.7.5
COMPANY FOOTPRINT: KEY PLAYERS, 2024
 
 
 
 
 
12.7.5.1
Company footprint
 
 
 
 
12.7.5.2
Region footprint
 
 
 
 
12.7.5.3
Vehicle type footprint
 
 
 
 
12.7.5.4
Bearing type footprint
 
 
 
 
12.7.5.5
Application footprint
 
 
12.8
COMPANY EVALUATION MATRIX: SMES, 2024
 
 
 
 
 
 
12.8.1
PROGRESSIVE COMPANIES
 
 
 
 
12.8.2
RESPONSIVE COMPANIES
 
 
 
 
12.8.3
DYNAMIC COMPANIES
 
 
 
 
12.8.4
STARTING BLOCKS
 
 
 
 
12.8.5
COMPETITIVE BENCHMARKING: SMES, 2024
 
 
 
12.9
COMPETITIVE SCENARIO
 
 
 
 
 
12.9.1
PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
12.9.2
DEALS
 
 
 
 
12.9.3
EXPANSION
 
 
 
 
12.9.4
OTHER DEVELOPMENTS
 
 
13
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
 
 
 
233
 
13.1
KEY PLAYERS
 
 
 
 
 
13.1.1
NSK LTD.
 
 
 
 
 
13.1.1.1
Business overview
 
 
 
 
13.1.1.2
Products offered
 
 
 
 
13.1.1.3
Recent developments
 
 
 
 
13.1.1.4
MnM view
 
 
 
13.1.2
NTN CORPORATION
 
 
 
 
13.1.3
THE TIMKEN COMPANY
 
 
 
 
13.1.4
JTEKT CORPORATION
 
 
 
 
13.1.5
NACHI-FUJIKOSHI CORP.
 
 
 
 
13.1.6
SCHAEFFLER AG
 
 
 
 
13.1.7
SKF
 
 
 
 
13.1.8
REGAL REXNORD CORPORATION
 
 
 
 
13.1.9
WAFANGDIAN GUANGYANG BEARING GROUP CORPORATION LIMITED
 
 
 
 
13.1.10
TENNECO INC.
 
 
 
 
13.1.11
FERSA
 
 
 
 
13.1.12
C&U COMPANY LIMITED
 
 
 
13.2
OTHER PLAYERS
 
 
 
 
 
13.2.1
MINEBEAMITSUMI INC.
 
 
 
 
13.2.2
ILJIN ELECTRONICS (I) PVT. LTD.
 
 
 
 
13.2.3
NRB INDUSTRIAL BEARINGS LTD.
 
 
 
 
13.2.4
RKB BEARING INDUSTRIES
 
 
 
 
13.2.5
NAKANISHI MANUFACTURING CORPORATION
 
 
 
 
13.2.6
EMERSON BEARING COMPANY
 
 
 
 
13.2.7
ORS - ORTADOGU RULMAN SANAYI VE TIC. A.S.
 
 
 
 
13.2.8
TSUBAKI NAKASHIMA CO. LTD.
 
 
 
 
13.2.9
CW BEARING
 
 
 
 
13.2.10
LYC PRIVATE LIMITED
 
 
 
 
13.2.11
HARBIN BEARING MANUFACTURING CO., LTD.
 
 
 
 
13.2.12
NEI LTD. (NBC BEARINGS)
 
 
 
 
13.2.13
TATA STEEL
 
 
14
RECOMMENDATIONS BY MARKETSANDMARKETS
Market Size & Growth Rate Forecast Analysis
 
 
 
286
 
14.1
ASIA PACIFIC: KEY MARKET FOR AUTOMOTIVE BEARINGS
 
 
 
 
14.2
CONSUMER DEMAND AND INNOVATION IN AUTOMOTIVE INTERIOR BEARING MARKET
 
 
 
 
14.3
GROWTH OPPORTUNITIES IN SMART AUTOMOTIVE BEARINGS
 
 
 
 
14.4
GROWTH IN AUTOMOTIVE BEARINGS DUE TO RISING DEMAND FOR PHEVS
 
 
 
 
14.5
CONCLUSION
 
 
 
15
APPENDIX
 
 
 
289
 
15.1
INSIGHTS FROM INDUSTRY EXPERTS
 
 
 
 
15.2
DISCUSSION GUIDE
 
 
 
 
15.3
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
15.4
CUSTOMIZATION OPTIONS
 
 
 
 
15.5
RELATED REPORTS
 
 
 
 
15.6
AUTHOR DETAILS
 
 
 
LIST OF TABLES
 
 
 
 
 
TABLE 1
MARKET DEFINITION, BY BEARING TYPE
 
 
 
 
TABLE 2
MARKET DEFINITION, BY APPLICATION
 
 
 
 
TABLE 3
MARKET DEFINITION, BY VEHICLE TYPE
 
 
 
 
TABLE 4
MARKET DEFINITION, BY EV TYPE
 
 
 
 
TABLE 5
MARKET DEFINITION, BY AFTERMARKET
 
 
 
 
TABLE 6
CURRENCY EXCHANGE RATES, 2021–2024
 
 
 
 
TABLE 7
AUTOMOTIVE BEARING MARKET: IMPACT OF MARKET DYNAMICS
 
 
 
 
TABLE 8
AVERAGE SELLING PRICE TREND OF AUTOMOTIVE BEARINGS, BY APPLICATION, 2021–2024 (USD)
 
 
 
 
TABLE 9
AVERAGE SELLING PRICE TREND OF AUTOMOTIVE BEARINGS, BY KEY PLAYER, 2024 (USD)
 
 
 
 
TABLE 10
AVERAGE SELLING PRICE TREND OF AUTOMOTIVE BEARINGS, BY REGION, 2021–2024 (USD)
 
 
 
 
TABLE 11
IMPORT DATA FOR HS CODE 853670-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
TABLE 12
EXPORT DATA FOR HS CODE 853670-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
TABLE 13
ROLE OF COMPANIES IN MARKET ECOSYSTEM
 
 
 
 
TABLE 14
PATENT ANALYSIS
 
 
 
 
TABLE 15
NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 16
EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 17
ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 18
REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 19
EURO-5 VS. EURO-6 VEHICLE EMISSION STANDARDS ON NEW EUROPEAN DRIVING CYCLE
 
 
 
 
TABLE 20
KEY CONFERENCES & EVENTS, 2025–2026
 
 
 
 
TABLE 21
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR BEARING TYPES (%)
 
 
 
 
TABLE 22
KEY BUYING CRITERIA FOR BEARING TYPES
 
 
 
 
TABLE 23
AUTOMOTIVE BEARING MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 24
MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 25
MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 26
MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 27
WHEEL HUB: MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 28
WHEEL HUB: MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 29
WHEEL HUB: MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 30
WHEEL HUB: MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 31
TRANSMISSION: MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 32
TRANSMISSION: MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 33
TRANSMISSION: MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 34
TRANSMISSION: MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 35
DRIVETRAIN: MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 36
DRIVETRAIN: MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 37
DRIVETRAIN: MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 38
DRIVETRAIN: MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 39
ENGINE: MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 40
ENGINE: MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 41
ENGINE: MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 42
ENGINE: MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 43
INTERIOR & EXTERIOR: MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 44
INTERIOR & EXTERIOR: MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 45
INTERIOR & EXTERIOR: MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 46
INTERIOR & EXTERIOR: MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 47
MARKET, BY BEARING TYPE, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 48
MARKET, BY BEARING TYPE, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 49
MARKET, BY BEARING TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 50
MARKET, BY BEARING TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 51
AUTOMOTIVE BALL BEARING MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 52
AUTOMOTIVE BALL BEARING MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 53
AUTOMOTIVE BALL BEARING MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 54
AUTOMOTIVE BALL BEARING MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 55
AUTOMOTIVE ROLLER BEARING MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 56
AUTOMOTIVE ROLLER BEARING MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 57
AUTOMOTIVE ROLLER BEARING MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 58
AUTOMOTIVE ROLLER BEARING MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 59
MARKET FOR OTHER BEARINGS, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 60
MARKET FOR OTHER BEARINGS, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 61
MARKET FOR OTHER BEARINGS, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 62
MARKET FOR OTHER BEARINGS, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 63
MARKET, BY EV TYPE, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 64
MARKET, BY EV TYPE, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 65
MARKET, BY EV TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 66
MARKET, BY EV TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 67
BEV: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 68
BEV: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 69
BEV: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 70
BEV: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 71
BEV: MARKET, BY KEY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 72
BEV: MARKET, BY KEY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 73
BEV: MARKET, BY KEY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 74
BEV: MARKET, BY KEY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 75
PHEV: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 76
PHEV: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 77
PHEV: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 78
PHEV: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 79
PHEV: MARKET, BY KEY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 80
PHEV: MARKET, BY KEY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 81
PHEV: MARKET, BY KEY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 82
PHEV: MARKET, BY KEY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 83
MARKET, BY VEHICLE TYPE, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 84
MARKET, BY VEHICLE TYPE, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 85
MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 86
MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 87
PASSENGER CARS: MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 88
PASSENGER CARS: MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 89
PASSENGER CARS: MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 90
PASSENGER CARS: MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 91
LIGHT COMMERCIAL VEHICLES: MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 92
LIGHT COMMERCIAL VEHICLES: MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 93
LIGHT COMMERCIAL VEHICLES: MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 94
LIGHT COMMERCIAL VEHICLES: MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 95
HEAVY COMMERCIAL VEHICLES: MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 96
HEAVY COMMERCIAL VEHICLES: MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 97
HEAVY COMMERCIAL VEHICLES: MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 98
HEAVY COMMERCIAL VEHICLES: MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 99
AFTERMARKET MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 100
AFTERMARKET MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 101
AFTERMARKET AUTOMOTIVE BEARING MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 102
AFTERMARKET AUTOMOTIVE BEARING MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 103
WHEEL HUB: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 104
WHEEL HUB: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 105
WHEEL HUB: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 106
WHEEL HUB: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 107
TRANSMISSION: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 108
TRANSMISSION: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 109
TRANSMISSION: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 110
TRANSMISSION: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 111
DRIVETRAIN: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 112
DRIVETRAIN: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 113
DRIVETRAIN: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 114
DRIVETRAIN: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 115
ENGINE: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 116
ENGINE: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 117
ENGINE: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 118
ENGINE: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 119
INTERIOR & EXTERIOR: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 120
INTERIOR & EXTERIOR: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 121
INTERIOR & EXTERIOR: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 122
INTERIOR & EXTERIOR: AFTERMARKET AUTOMOTIVE BEARING MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 123
MARKET, BY REGION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 124
MARKET, BY REGION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 125
MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 126
MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 127
ASIA PACIFIC: MARKET, BY COUNTRY, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 128
ASIA PACIFIC: MARKET, BY COUNTRY, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 129
ASIA PACIFIC: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 130
ASIA PACIFIC: MARKET, BY COUNTRY, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 131
CHINA: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 132
CHINA: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 133
CHINA: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 134
CHINA: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 135
INDIA: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 136
INDIA: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 137
INDIA: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 138
INDIA: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 139
JAPAN: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 140
JAPAN: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 141
JAPAN: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 142
JAPAN: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 143
SOUTH KOREA: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 144
SOUTH KOREA: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 145
SOUTH KOREA: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 146
SOUTH KOREA: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 147
NORTH AMERICA: MARKET, BY COUNTRY, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 148
NORTH AMERICA: MARKET, BY COUNTRY, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 149
NORTH AMERICA: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 150
NORTH AMERICA: MARKET, BY COUNTRY, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 151
US: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 152
US: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 153
US: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 154
US: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 155
CANADA: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 156
CANADA: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 157
CANADA: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 158
CANADA: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 159
MEXICO: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 160
MEXICO: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 161
MEXICO: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 162
MEXICO: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 163
EUROPE: MARKET, BY COUNTRY, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 164
EUROPE: MARKET, BY COUNTRY, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 165
EUROPE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 166
EUROPE: MARKET, BY COUNTRY, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 167
FRANCE: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 168
FRANCE: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 169
FRANCE: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 170
FRANCE: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 171
GERMANY: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 172
GERMANY: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 173
GERMANY: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 174
GERMANY: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 175
ITALY: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 176
ITALY: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 177
ITALY: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 178
ITALY: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 179
SPAIN: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 180
SPAIN: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 181
SPAIN: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 182
SPAIN: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 183
UK: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 184
UK: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 185
UK: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 186
UK: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 187
REST OF EUROPE: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 188
REST OF EUROPE: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 189
REST OF EUROPE: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 190
REST OF EUROPE: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 191
REST OF THE WORLD: MARKET, BY COUNTRY, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 192
REST OF THE WORLD: MARKET, BY COUNTRY, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 193
REST OF THE WORLD: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 194
REST OF THE WORLD: MARKET, BY COUNTRY, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 195
BRAZIL: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 196
BRAZIL: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 197
BRAZIL: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 198
BRAZIL: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 199
RUSSIA: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 200
RUSSIA: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 201
RUSSIA: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 202
RUSSIA: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 203
SOUTH AFRICA: MARKET, BY APPLICATION, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 204
SOUTH AFRICA: MARKET, BY APPLICATION, 2025–2032 (MILLION UNITS)
 
 
 
 
TABLE 205
SOUTH AFRICA: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 206
SOUTH AFRICA: MARKET, BY APPLICATION, 2025–2032 (USD MILLION)
 
 
 
 
TABLE 207
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025
 
 
 
 
TABLE 208
MARKET SHARE ANALYSIS OF TOP KEY PLAYERS, 2024
 
 
 
 
TABLE 209
MARKET: REGION FOOTPRINT, 2024
 
 
 
 
TABLE 210
MARKET: VEHICLE TYPE FOOTPRINT, 2024
 
 
 
 
TABLE 211
MARKET: BEARING TYPE FOOTPRINT, 2024
 
 
 
 
TABLE 212
MARKET: APPLICATION FOOTPRINT, 2024
 
 
 
 
TABLE 213
COMPETITIVE BENCHMARKING OF SMES
 
 
 
 
TABLE 214
MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, JANUARY 2023–MARCH 2025
 
 
 
 
TABLE 215
MARKET: DEALS, JANUARY 2023–MARCH 2025
 
 
 
 
TABLE 216
MARKET: EXPANSION, JANUARY 2023–MARCH 2025
 
 
 
 
TABLE 217
MARKET: OTHER DEVELOPMENTS, JANUARY 2023–MARCH 2025
 
 
 
 
TABLE 218
NSK LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 219
NSK LTD.: PRODUCTS OFFERED
 
 
 
 
TABLE 220
NSK LTD.: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 221
NSK LTD.: EXPANSION
 
 
 
 
TABLE 222
NSK LTD.: OTHER DEVELOPMENTS
 
 
 
 
TABLE 223
NTN CORPORATION: COMPANY OVERVIEW
 
 
 
 
TABLE 224
NTN CORPORATION: PRODUCTS OFFERED
 
 
 
 
TABLE 225
NTN CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 226
NTN CORPORATION: EXPANSION
 
 
 
 
TABLE 227
NTN CORPORATION: OTHER DEVELOPMENTS
 
 
 
 
TABLE 228
THE TIMKEN COMPANY: COMPANY OVERVIEW
 
 
 
 
TABLE 229
THE TIMKEN COMPANY: PRODUCTS OFFERED
 
 
 
 
TABLE 230
THE TIMKEN COMPANY: DEALS
 
 
 
 
TABLE 231
THE TIMKEN COMPANY: OTHER DEVELOPMENTS
 
 
 
 
TABLE 232
JTEKT CORPORATION: COMPANY OVERVIEW
 
 
 
 
TABLE 233
JTEKT CORPORATION: PRODUCTS OFFERED
 
 
 
 
TABLE 234
JTEKT CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 235
JTEKT CORPORATION: DEALS
 
 
 
 
TABLE 236
JTEKT CORPORATION: EXPANSION
 
 
 
 
TABLE 237
JTEKT CORPORATION: OTHER DEVELOPMENTS
 
 
 
 
TABLE 238
NACHI-FUJIKOSHI CORP.: COMPANY OVERVIEW
 
 
 
 
TABLE 239
NACHI-FUJIKOSHI CORP.: PRODUCTS OFFERED
 
 
 
 
TABLE 240
SCHAEFFLER AG: COMPANY OVERVIEW
 
 
 
 
TABLE 241
SCHAEFFLER AG: PRODUCTS OFFERED
 
 
 
 
TABLE 242
SCHAEFFLER AG: DEALS
 
 
 
 
TABLE 243
SCHAEFFLER AG: EXPANSION
 
 
 
 
TABLE 244
SCHAEFFLER AG: OTHER DEVELOPMENTS
 
 
 
 
TABLE 245
SKF: COMPANY OVERVIEW
 
 
 
 
TABLE 246
SKF: PRODUCTS OFFERED
 
 
 
 
TABLE 247
SKF: PRODUCT LAUNCHES/DEVELOPMENTS
 
 
 
 
TABLE 248
SKF: DEALS
 
 
 
 
TABLE 249
SKF: EXPANSION
 
 
 
 
TABLE 250
SKF: OTHER DEVELOPMENTS
 
 
 
 
TABLE 251
REGAL REXNORD CORPORATION: COMPANY OVERVIEW
 
 
 
 
TABLE 252
REGAL REXNORD CORPORATION: PRODUCTS OFFERED
 
 
 
 
TABLE 253
REGAL REXNORD CORPORATION: DEALS
 
 
 
 
TABLE 254
WAFANGDIAN GUANGYANG BEARING GROUP CORPORATION LIMITED.: COMPANY OVERVIEW
 
 
 
 
TABLE 255
WAFANGDIAN GUANGYANG BEARING GROUP CORPORATION LIMITED.: PRODUCTS OFFERED
 
 
 
 
TABLE 256
TENNECO INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 257
TENNECO INC.: PRODUCTS OFFERED
 
 
 
 
TABLE 258
FERSA: COMPANY OVERVIEW
 
 
 
 
TABLE 259
FERSA: PRODUCTS OFFERED
 
 
 
 
TABLE 260
FERSA: DEALS
 
 
 
 
TABLE 261
FERSA: EXPANSION
 
 
 
 
TABLE 262
C&U COMPANY LIMITED: COMPANY OVERVIEW
 
 
 
 
TABLE 263
C&U COMPANY LIMITED: PRODUCTS OFFERED
 
 
 
 
TABLE 264
MINEBEAMITSUMI INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 265
ILJIN ELECTRONICS (I) PVT. LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 266
NRB INDUSTRIAL BEARINGS LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 267
RKB BEARING INDUSTRIES: COMPANY OVERVIEW
 
 
 
 
TABLE 268
NAKANISHI MANUFACTURING CORPORATION: COMPANY OVERVIEW
 
 
 
 
TABLE 269
EMERSON BEARING COMPANY: COMPANY OVERVIEW
 
 
 
 
TABLE 270
ORS - ORTADOGU RULMAN SANAYI VE TIC. A.S.: COMPANY OVERVIEW
 
 
 
 
TABLE 271
TSUBAKI NAKASHIMA CO., LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 272
CW BEARING: COMPANY OVERVIEW
 
 
 
 
TABLE 273
LYC PRIVATE LIMITED: COMPANY OVERVIEW
 
 
 
 
TABLE 274
HARBIN BEARING MANUFACTURING CO., LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 275
NEI LTD. (NBC BEARINGS): COMPANY OVERVIEW
 
 
 
 
TABLE 276
TATA STEEL: COMPANY OVERVIEW
 
 
 
 
LIST OF FIGURES
 
 
 
 
 
FIGURE 1
RESEARCH DESIGN
 
 
 
 
FIGURE 2
RESEARCH DESIGN MODEL
 
 
 
 
FIGURE 3
INSIGHTS FROM INDUSTRY EXPERTS
 
 
 
 
FIGURE 4
RESEARCH METHODOLOGY
 
 
 
 
FIGURE 5
BOTTOM-UP APPROACH
 
 
 
 
FIGURE 6
TOP-DOWN APPROACH
 
 
 
 
FIGURE 7
MARKET SIZE ESTIMATION NOTES
 
 
 
 
FIGURE 8
DATA TRIANGULATION
 
 
 
 
FIGURE 9
FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
 
 
 
 
FIGURE 10
MARKET OUTLOOK
 
 
 
 
FIGURE 11
MARKET, BY REGION, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 12
MARKET, BY APPLICATION, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 13
KEY PLAYERS IN MARKET
 
 
 
 
FIGURE 14
INCREASING DEMAND FOR SUVS AND PREMIUM INTERIORS TO DRIVE MARKET
 
 
 
 
FIGURE 15
PASSENGER CARS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 16
BALL BEARING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 17
DRIVETRAIN SEGMENT TO SECURE LEADING POSITION DURING FORECAST PERIOD
 
 
 
 
FIGURE 18
BEV SEGMENT TO EXHIBIT SIGNIFICANT GROWTH DURING FORECAST PERIOD
 
 
 
 
FIGURE 19
DRIVETRAIN SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 20
ASIA PACIFIC TO BE LARGEST MARKET IN 2025
 
 
 
 
FIGURE 21
MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
 
 
 
 
FIGURE 22
ESTIMATED ADAS PENETRATION IN PASSENGER CARS SEGMENT, 2020–2035
 
 
 
 
FIGURE 23
ELECTRIC VEHICLE SALES, 2020–2024 (USD MILLION)
 
 
 
 
FIGURE 24
PLACEMENT OF BEARINGS IN ELECTRIC VEHICLE MOTORS
 
 
 
 
FIGURE 25
MACHINE LEARNING-BASED BEARING FAULT DETECTION PROCESS
 
 
 
 
FIGURE 26
ADVANCED BEARING MATERIALS FOR SPECIALIZED APPLICATIONS
 
 
 
 
FIGURE 27
GLOBAL AVERAGE PRICE OF COPPER, 2021–2024 (USD/METRIC TON)
 
 
 
 
FIGURE 28
AVERAGE SELLING PRICE TREND OF AUTOMOTIVE BEARINGS, BY APPLICATION, 2021–2024 (USD)
 
 
 
 
FIGURE 29
AVERAGE SELLING PRICE TREND OF AUTOMOTIVE BEARINGS, BY REGION, 2021–2024 (USD)
 
 
 
 
FIGURE 30
IMPORT DATA FOR HS CODE 848210-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
FIGURE 31
EXPORT DATA FOR HS CODE 848210-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
FIGURE 32
ECOSYSTEM ANALYSIS
 
 
 
 
FIGURE 33
SUPPLY CHAIN ANALYSIS
 
 
 
 
FIGURE 34
SENSOR-INTEGRATED BEARINGS FOR REAL-TIME SYSTEM INTELLIGENCE
 
 
 
 
FIGURE 35
ACTIVE MAGNETIC BEARINGS FOR FRICTIONLESS DRIVETRAIN INNOVATION
 
 
 
 
FIGURE 36
EVOLUTION OF SMART CHASSIS SYSTEMS WITH ELECTROMAGNETIC SUSPENSION BEARINGS
 
 
 
 
FIGURE 37
NANO-COATED AND SELF-LUBRICATING BEARINGS FOR EV APPLICATIONS
 
 
 
 
FIGURE 38
PATENT ANALYSIS, 2015–2025
 
 
 
 
FIGURE 39
LUBRICATION UNDER PRESSURE: BEARINGS IN HIGH-HEAT ELECTRIC POWERTRAINS
 
 
 
 
FIGURE 40
BEARINGS FOR COMPACT EV DRIVETRAIN ARCHITECTURES
 
 
 
 
FIGURE 41
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR BEARING TYPES
 
 
 
 
FIGURE 42
KEY BUYING CRITERIA FOR BEARING TYPES
 
 
 
 
FIGURE 43
TRENDS & DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
FIGURE 44
AVERAGE TARIFF APPLIED ON SELECTED COUNTRIES BY US
 
 
 
 
FIGURE 45
INTERIOR & EXTERIOR SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 46
APPLICATION OF BEARINGS IN WHEEL HUBS
 
 
 
 
FIGURE 47
APPLICATION OF BEARINGS IN TRANSMISSION
 
 
 
 
FIGURE 48
APPLICATION OF BEARINGS IN DRIVETRAIN
 
 
 
 
FIGURE 49
BALL BEARING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 50
BALL BEARINGS USED ACROSS VEHICLE SYSTEMS FOR SMOOTH PERFORMANCE
 
 
 
 
FIGURE 51
BEV SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 52
PASSENGER CARS SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
 
 
 
 
FIGURE 53
BEARINGS USED IN POWERTRAIN, ENGINE, AND WHEEL HUB IN PASSENGER CARS: USE CASES
 
 
 
 
FIGURE 54
DRIVETRAIN SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 55
MARKET, BY REGION, 2025–2032 (USD MILLION)
 
 
 
 
FIGURE 56
ASIA PACIFIC: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 57
ASIA PACIFIC: GDP PER CAPITA, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 58
ASIA PACIFIC: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 59
ASIA PACIFIC: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024
 
 
 
 
FIGURE 60
ASIA PACIFIC: MARKET SNAPSHOT
 
 
 
 
FIGURE 61
NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 62
NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 63
NORTH AMERICA: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 64
NORTH AMERICA: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024
 
 
 
 
FIGURE 65
NORTH AMERICA: MARKET SNAPSHOT
 
 
 
 
FIGURE 66
EUROPE: MARKET, BY COUNTRY/REGION, 2025 VS. 2032 (USD MILLION)
 
 
 
 
FIGURE 67
EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 68
EUROPE: GDP PER CAPITA, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 69
EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 70
EUROPE: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024
 
 
 
 
FIGURE 71
REST OF THE WORLD: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 72
REST OF THE WORLD: GDP PER CAPITA, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 73
REST OF THE WORLD: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024–2026
 
 
 
 
FIGURE 74
REST OF THE WORLD: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024
 
 
 
 
FIGURE 75
BRAZIL TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
 
 
 
 
FIGURE 76
MARKET SHARE ANALYSIS OF TOP AUTOMOTIVE BEARING MANUFACTURERS, 2024
 
 
 
 
FIGURE 77
REVENUE ANALYSIS OF KEY PLAYERS, 2020–2024 (USD BILLION)
 
 
 
 
FIGURE 78
COMPANY VALUATION, 2025 (USD BILLION)
 
 
 
 
FIGURE 79
FINANCIAL METRICS OF TOP FIVE PLAYERS, 2025
 
 
 
 
FIGURE 80
BRAND/PRODUCT COMPARISON
 
 
 
 
FIGURE 81
MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
 
 
 
 
FIGURE 82
MARKET: COMPANY FOOTPRINT, 2024
 
 
 
 
FIGURE 83
MARKET: COMPANY EVALUATION MATRIX (SMES), 2024
 
 
 
 
FIGURE 84
NSK LTD.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 85
NTN CORPORATION: COMPANY SNAPSHOT
 
 
 
 
FIGURE 86
THE TIMKEN COMPANY: COMPANY SNAPSHOT
 
 
 
 
FIGURE 87
JTEKT CORPORATION: COMPANY SNAPSHOT
 
 
 
 
FIGURE 88
NACHI-FUJIKOSHI CORP.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 89
SCHAEFFLER AG: COMPANY SNAPSHOT
 
 
 
 
FIGURE 90
SKF: COMPANY SNAPSHOT
 
 
 
 
FIGURE 91
REGAL REXNORD CORPORATION: COMPANY SNAPSHOT
 
 
 
 

 

Methodology

The research study involved extensive use of secondary sources, such as company annual reports/presentations, industry association publications, magazines, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases to identify and collect information on the automotive bearing market. In-depth interviews were conducted with various primary sources experts from related industries, automobile OEMs, and suppliers to obtain and verify critical information and assess the growth prospects and market estimations.

Secondary Research

In the secondary research process, various secondary sources were used to identify and collect information on the automotive bearing market for this study. Secondary sources included annual reports, press releases, and investor presentations of companies; whitepapers, certified publications, and articles from recognized authors; directories; databases; and articles from recognized associations and government publishing sources.

Primary Research

Extensive primary research was conducted after understanding the automotive bearing market scenario through secondary research. Several primary interviews were conducted with market experts from the demand and supply sides across North America, Europe, Asia Pacific, and Rest of the world. Approximately 45% and 55% of primary interviews were conducted from the demand and supply sides. Primary data was collected through questionnaires, emails, and telephonic interviews.

In the canvassing of primaries, various departments within organizations, such as sales, operations, and marketing, were covered to provide a holistic viewpoint in the report. After interacting with industry experts, brief sessions were conducted with experienced independent consultants to reinforce the findings from the primaries. This and the opinions of in-house subject matter experts led to the conclusions described in the remainder of this report.

Automotive Bearing Market Size, and Share

Note: The tiers above are based on the value chain of the bearing market; companies’ revenues were
not considered. Tier I companies are auto component providers, and Tier 2 includes automotive bearing manufacturers.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The top-down and bottom-up approaches were used to estimate and validate the automotive bearing market size. The research methodology used to estimate the market size included the following details:

  • The market size was derived using parameters, such as sales of bearings and the corresponding penetration of the applications considered under the scope.
  • Key players in the market were identified through secondary research, and their global market rankings were determined through primary and secondary research.
  • The research methodology included studying annual and quarterly financial reports, regulatory filings of major market players, and interviews with industry experts to gain detailed market insights.
  • All major penetration rates, percentage shares, splits, and breakdowns for the market were determined through secondary sources and verified through primary sources.
  • All key macro indicators affecting the revenue growth of the market segments and subsegments have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the validated and verified quantitative & qualitative data.

Automotive Bearing Market : Top-Down and Bottom-Up Approach

Automotive Bearing Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall market size of the global market through the above-mentioned methodology, this market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact data for the market by value for the key segments and subsegments. The extrapolated market data was triangulated by studying various macro indicators and regional trends from the demand and supply-side participants.

Market Definition

The automotive bearing market involves developing, producing, and supplying precision-engineered components that minimize friction and support rotational or linear movement across various automotive systems. These include various bearing types, such as ball bearings, roller bearings, and plain bearings, each tailored to specific load and performance requirements. Automotive bearings are integral to critical functions in engines, transmissions, wheels, steering mechanisms, drivetrains, and electric powertrains, ensuring efficiency, durability, and safety in traditional internal combustion vehicles and modern electric or hybrid platforms.

Stakeholders

  • Associations, Forums, and Alliances Related to Automotive Software
  • Authorized and Independent Automobile Service Centers
  • Automotive Component Manufacturers
  • Aftermarket Bearing Suppliers
  • Automotive Dealers and Distributors
  • Automotive Electronic Control Unit Manufacturers
  • Automotive OEMs
  • Automotive Component Manufacturers
  • Equipment Service Providers
  • EV Component Manufacturers
  • EV Manufacturers
  • ICE Vehicle Manufacturers
  • Legal and Regulatory Authorities
  • Network Providers
  • Raw Material Suppliers for Bearings
  • Raw Material Suppliers for Components
  • Vehicle Safety Regulatory Bodies

Report Objectives

  • To segment and forecast the size of the automotive bearing Market in terms of volume (million units) and value (USD million) from 2021 to 2032
  • To define, describe, and forecast the market in terms of volume (million units) and value (USD million)
  • To define, describe, and forecast the global market based on bearing type, application, vehicle type, EV type, end uses, and region
    • To segment and forecast the market size by bearing type (Ball Bearings, Roller Bearings, and Other bearings)
    • To segment and forecast the market size by application (Wheel Hub, Transmission System, Drivetrain, Engine, and Other Applications)
    • To segment and forecast the market size by vehicle type (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle)
    • To segment and forecast the market size by EV type (BEV and PHEV)
    • To segment and forecast the market size by aftermarket (Wheel Hub, Transmission System, Drivetrain, Engine, and Other Applications)
    • To forecast the market size with respect to key regions, namely Asia Pacific, Europe, North America, and the Rest of the World
  • To provide detailed information regarding the major factors influencing market growth (drivers, challenges, restraints, and opportunities)
  • To strategically analyze markets with respect to individual growth trends, prospects, and contributions to the total market
  • To study the following dynamics of the automotive bearing market:
    • Pricing Analysis
    • Investment and Funding Scenario
    • Value Chain Analysis
    • Ecosystem Analysis
    • Technology Analysis
    • HS Code/Trade Analysis
    • Case Study Analysis
    • Patent Analysis
    • Regulatory Landscape
    • Key Stakeholders and Buying Criteria
    • Key Conferences and Events
    • Impact of AI
  • To strategically profile key players and comprehensively analyze their market share and core competencies
  • To analyze opportunities for stakeholders and the competitive landscape for market leaders
  • To track and analyze competitive developments such as product developments, deals, and others undertaken by the key industry participants

Available Customizations

With the given market data, MarketsandMarkets offers customizations in accordance with a company’s specific needs.

  • Automotive Bearing Market, By Material Type, at Country Level (For countries covered in the report)
  • Automotive Bearing Market, By Vehicle Type, at Country Level (For countries covered in the report)

Company Information

  • Profiling of Additional Market Players (Up to Five)

 

Key Questions Addressed by the Report

What is the current size of the automotive bearing market by value?

The size of the automotive bearing market for ICE is estimated at USD 12.8 billion, while for EVs, the market is estimated at USD 5.81 billion in 2025.

Who are the winners in the automotive bearing market?

NSK Ltd. (Japan), NTN Corporation (Germany), The Timken Company (USA), JTEKT Corporation (Japan), and Nachi Fujikoshi (Japan) are the winners in the automotive bearing market

Which region is projected to account for the largest share of the automotive bearing market during the forecast period?

Asia Pacific is projected to be the largest market for automotive bearings during the forecast period. The growth is driven by the diverse and rapidly expanding automotive industry in the region. Expanding manufacturing capacity across key countries like China, India, Japan, and South Korea is also helping the region capitalize on this opportunity effectively. This expansion helps meet the increasing demand from original equipment manufacturers and the aftermarket, where vehicle maintenance and replacement parts form a significant market share.

What are the new market trends impacting the growth of the automotive bearing market?

The key trends impacting the growth of the automotive bearing market are smart sensor-embedded bearings and alternative hybrid material bearings.

What is driving the automotive bearing market in North America?

The North American automotive bearing market, covering the US, Canada, and Mexico, is driven by strong vehicle manufacturing, consumer demand for high-performance, and evolving regulatory standards.

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Growth opportunities and latent adjacency in Automotive Bearing Market

Amey

Nov, 2019

This report could be good reference. However we are interested to know assumptions and methodology , prior purchasing full copy of this report..

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