Global Wind Power Bearings Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
According to our (Global Info Research) latest study, the global Wind Power Bearings market size was valued at US$ 5905 million in 2024 and is forecast to a readjusted size of USD 9380 million by 2031 with a CAGR of 5.8% during review period.
Wind power bearings are critical components used in wind turbines to ensure smooth, reliable operation under high loads and varying environmental conditions. These bearings support the turbine's main shaft, gearbox, generator, and other rotating components, helping to maximize efficiency and reduce maintenance costs.
On April 16, 2024, the Global Wind Energy Council (GWEC) released the Global Wind Energy Report 2024 in Abu Dhabi. The report shows that in 2023, the world's new wind power installed capacity reached a record 117GW, the best year ever. Despite the turbulent political and macroeconomic environment, the wind power industry is entering a new era of accelerated growth, as reflected in the historic COP28's goal of doubling renewable energy by 2030.
Global Wind Power Bearings key players include SCHAEFFLER AG, SKF GROUP, NTN Corporation, etc. Global top 3 manufacturers hold a share over 46%. China is the largest market, with a share about 54%, followed by North America, and Europe, both have a share about 35 percent. In terms of product, Accelerating Engine Bearing is the largest segment, with a share over 70%. And in terms of application, the largest application is Onshore.
This report is a detailed and comprehensive analysis for global Wind Power 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 Wind Power Bearings market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Wind Power Bearings market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Wind Power Bearings market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Wind Power Bearings market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K 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 Wind Power 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 Wind Power 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 SCHAEFFLER AG, SKF GROUP, NTN Corporation, JTEKT Corporation, NSK, The Timken Company, ThyssenKrupp AG, Zwz Bearing, Luoyang LYC Precision Bearing, Jingye Bearing, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Wind Power 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
Main Shaft Bearing
Yaw and Variable Paddle Bearings
Accelerating Engine Bearing
Market segment by Application
Onshore
Offshore
Major players covered
SCHAEFFLER AG
SKF GROUP
NTN Corporation
JTEKT Corporation
NSK
The Timken Company
ThyssenKrupp AG
Zwz Bearing
Luoyang LYC Precision Bearing
Jingye Bearing
Luoyang Xinqianglian Slewing Bearing
Zhejiang Tianma Bearing Group
Dalian Metallurgical Bearing
Luoyang Xinneng Bearing Manufacturing
Luoyang Bearing Research Institute
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 Wind Power Bearings product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Wind Power Bearings, with price, sales quantity, revenue, and global market share of Wind Power Bearings from 2020 to 2025.
Chapter 3, the Wind Power Bearings competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Wind Power 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 Wind Power 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 Wind Power Bearings.
Chapter 14 and 15, to describe Wind Power Bearings sales channel, distributors, customers, research findings and conclusion.