Global Automotive Wheel Bearing Market Growth 2025-2031

Global Automotive Wheel Bearing Market Growth 2025-2031

The global Automotive Wheel Bearing market size is predicted to grow from US$ 7008 million in 2025 to US$ 7783 million in 2031; it is expected to grow at a CAGR of 1.8% from 2025 to 2031.

Automotive Hub Bearing perform two very important jobs in a vehicle’s suspension. The wheel bearing allows the wheels to rotate with minimal function, and they also support the vehicle’s weight. To be able to do both of these jobs, the bearings must be in near perfect condition. The seals must also be leak free to keep the lubricant inside the bearings and contaminants out. In an average sedan that weighs around 3,400 lb, each pair of front Hub Bearing, as well as the rear wheel or axle bearings, each support 850 pounds. This all depends on the front to rear weight distribution of the vehicle. It’s a lot of weight that needs to be supported over tens of thousands of miles.

Global Automotive Wheel Bearing main players include NTN, NSK, Schaeffler, SKF, ILJIN, JTEKT, Wanxiang, etc., totally accounting for about 30% of market. Europe is the largest market, with a share over 30%. As for the types of products, it can be divided into Gen. 1 Bearing, Gen. 2 Bearing, Gen. 3 Bearing and Other Bearing. The most common product is Gen. 2 Bearing, with a share over 46%. In terms of applications, it is widely used in Passenger Vehicle and Commercial Vehicle. The most application is in Passenger Vehicle, with a share over 79%.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Wheel Bearing Industry Forecast” looks at past sales and reviews total world Automotive Wheel Bearing sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Wheel Bearing sales for 2025 through 2031. With Automotive Wheel Bearing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Wheel Bearing industry.

This Insight Report provides a comprehensive analysis of the global Automotive Wheel Bearing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Wheel Bearing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Wheel Bearing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Wheel Bearing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Wheel Bearing.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Wheel Bearing market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Gen. 1 Bearing
Gen. 2 Bearing
Gen. 3 Bearing
Other Bearing

Segmentation by Application:
Passenger Vehicle
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
NSK
NTN
Schaeffler
SKF
ILJIN
JTEKT
Shuanglin NTP
Wanxiang
TIMKEN
GMB Corporation
Nachi-Fujikoshi
C&U
Harbin Bearing
Changjiang Bearing
GKN
FKG Bearing
Wafangdian Bearing
PFI
Xiangyang Auto Bearing
Changzhou Guangyang
Xiangyang Xinghuo
Shaoguan Southeast
Hubei New torch Science

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Wheel Bearing market?

What factors are driving Automotive Wheel Bearing market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Wheel Bearing market opportunities vary by end market size?

How does Automotive Wheel Bearing break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.