Automotive Bearing Market

The global automotive bearing market for EVs is projected to rise from USD 5.81 billion in 2025 to USD 12.82 billion by 2032, with a CAGR of 11.97%. The global automotive bearing market for ICE is projected to grow from USD 31.02 billion in 2025 to USD 31.72 billion by 2032, reflecting a modest CAGR of 0.32%. The global automotive bearing market is pivotal in vehicle performance, ensuring smooth operation, safety, and durability across critical systems. As vehicles stay on the road longer, the rising average vehicle age drives strong aftermarket demand for replacement bearings. At the same time, the growing adoption of panoramic sunroofs and other comfort-oriented features is boosting the need for compact, precision bearings in interior and roof systems.

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The automotive bearing market is dominated by globally recognized players, including NSK Ltd. (Japan), NTN Corporation (Germany), The Timken Company (USA), JTEKT Corporation (Japan), and Nachi Fujikoshi (Japan). These companies have introduced products for automotive bearings and offer a range of products, backed by substantial investments in R&D to innovate and expand their product offerings.

NSK Ltd. is a leading global manufacturer of motion and control technologies, operating through two main business divisions: Industrial Equipment Bearings and Automotive Business. The Industrial Equipment Bearings division produces and sells various bearings, precision machinery, and condition monitoring systems used in general industrial applications. The automotive business division is engaged in developing, manufacturing, and supplying bearings and automatic transmission components to automotive OEMs and major suppliers worldwide. With a strong global presence, NSK operates manufacturing plants, research and development centers, and sales offices across Asia, the Americas, and Europe.

NTN Corporation is a global manufacturer that produces and sells bearings, constant velocity joints (CVJs), and precision equipment. The company supplies its products to the automotive, industrial machinery, and aftermarket sectors. Its automotive business division plays a major role, providing vehicle manufacturers and suppliers with key components. NTN Corporation has reorganized its business structure into two main divisions: bearings/other and CVJ/axles. The bearings/other division covers the automotive, industrial, and aftermarket sectors, while the CVJ/axles division focuses on automotive and aftermarket applications. This change was made to unify bearing operations, strengthen the supply system, and improve the company’s ability to provide practical product solutions. The new structure supports NTN’s goal to align more closely with industry changes, including the growth of electrification. The company supplied hub bearings for the Nissan Kicks (Mexico) in 2025, and previously front wheel bearings for the Honda Acura Integra (USA) in 2024.

JTEKT Corporation is one of the leading manufacturers of steering systems, driveline components, bearings, machine tools, electronic control devices, and home accessory equipment. The company operates through three business divisions: automotive, industrial & bearings, and machine tools. In April 2025, JTEKT developed the JIGB, which integrates gear and bearing functions into a single unit for automotive and industrial machinery applications. The inner raceway type integrates the bearing raceway onto the gear shaft to reduce outer diameter and torque loss. In contrast, the outer raceway type uses the bearing’s outer ring as the gear’s inner diameter, minimizing misalignment and component count.

Related Reports:

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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