According to our (Global Info Research) latest study, the global Axial Thrust Bearings market size was valued at US$ 17200 million in 2024 and is forecast to a readjusted size of USD 24710 million by 2031 with a CAGR of 5.4% during review period.
Axial thrust bearings include thrust ball bearings, thrust cylindrical roller bearings, thrust needle roller bearings, thrust tapered roller bearings and thrust spherical roller bearings.
Rising production of automobiles, rising demand from emerging countries, and rising demand for technology-enhanced solutions are driving the growth of the global automotive industry bearings market. In recent years, the demand for higher performance, less maintenance and longer life bearings has increased. Ball bearings have spherical rolling elements for smaller loads, while roller bearings have oval rolling elements for larger loads. Linear bearings are used for linear motion along an axis and can also be rotated. Pre-assembled bearings are sets of bearings that are pre-assembled in frames and attached to frames and other structures used to support shaft ends and other structures. The demand for electric vehicles is primarily driven by rising vehicle sales and rising usage of these vehicles. An average passenger car has 35 bearings, depending on the vehicle model and the extensive use of robotics. The latest technical upgrade of the dual-clutch automatic transmission required the introduction of three more bearings, two main shafts for the second transmission, and one on the dual-clutch. Furthermore, the development of high capacity bearings coupled with superior lubrication performance will drive the growth of the bearings market. Bearings are important in powering multiple rotating elements and maintaining the load characteristics of various mechanical equipment. Increasing demand for specialized systems to meet the needs of specific industries, such as aircraft support systems, gas meters, and various industries are driving the growth of the ball bearing market, who are interested in components, fixtures, and machines designed with extremely low tolerances, And remain stable under harsh working conditions. Rising demand for ball bearings owing to surge in usage of customized bearings is expected to drive market revenue growth. The rise of digitalization and smart technologies embedded in bearings is driving the growth of the market. Digitization is one of the key ways to access wireless options in verticals. Digitization of bearings is realized by changing the lubrication state and vibration mode of the bearings. Analyze these measurements to take corrective action when potential problems arise. The combination of sensors and bearings has been developed into smart bearings. For industrial operations, sensors conveniently measure orientation, temperature, speed, and vibration of these bearings. Furthermore, the advent of the Internet of Things (IoT) and real-time artificial intelligence (AI) facilitates end users to easily monitor the shape of their bearings at any time.
This report is a detailed and comprehensive analysis for global Axial Thrust Bearings market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Axial Thrust Bearings market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Axial Thrust Bearings market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Axial Thrust Bearings market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Axial Thrust Bearings market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Axial Thrust Bearings
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Axial Thrust Bearings market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Beeline Engineering Products, Galaxy Bearings, General Bearing, Timken, SKF, Nachi Europe GmbH, JTEKT, NSK, Schaeffler, NTN Bearing, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Axial Thrust Bearings market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Single-Direction Bearings
Double-Direction Bearings
Market segment by Application
Crane Hooks
Pumps
Centrifuges
Low Speed Reducer
Others
Major players covered
Beeline Engineering Products
Galaxy Bearings
General Bearing
Timken
SKF
Nachi Europe GmbH
JTEKT
NSK
Schaeffler
NTN Bearing
Boston Gear
THB Bearings
CGR Roulements
RKB
Hikari Seiko
Mitsumi Electric
NKE
EBI Bearings
Boca Bearing
Kashima Bearings
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Axial Thrust Bearings product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Axial Thrust Bearings, with price, sales quantity, revenue, and global market share of Axial Thrust Bearings from 2020 to 2025.
Chapter 3, the Axial Thrust Bearings competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Axial Thrust Bearings breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Axial Thrust Bearings market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Axial Thrust Bearings.
Chapter 14 and 15, to describe Axial Thrust Bearings sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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