Global Bearings Market Growth 2025-2031

The global Bearings market size is predicted to grow from US$ 55430 million in 2025 to US$ 69770 million in 2031; it is expected to grow at a CAGR of 3.9% from 2025 to 2031.

Bearings are used as a mechanical component to transfer the power and to move a certain part, and this is done by utilizing the small frictional force of the bearings, which makes them rotate easily (or move in one direction easily), all the while withstanding the force and weight load acting against them.

Global key players of bearings include SKF, Schaeffler, NSK, NTN, Timken, etc. The top five players hold a share about 56%. Asia-Pacific is the largest market, has a share about 55%, followed by Europe and North America, with share 22% and 17%, separately.

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

This Insight Report provides a comprehensive analysis of the global Bearings 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 Bearings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bearings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bearings 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 Bearings.

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

Segmentation by Type:
Ball Bearing
Roller Bearing

Segmentation by Application:
Automotive Industry
Industrial Machine
Aerospace Industry
Others

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.
SKF
Schaeffler
NSK
NTN
JTEKT
C&U GROUP
MinebeaMitsumi
Timken
Rexnord
NACHI
LYC
NBC Bearings
ZWZ
HARBIN Bearing
ZYS(Luoyang Bearing)
Wanxiang Qianchao
RBC Bearings
Xiangyang Automobile Bearing (ZXY)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bearings market?

What factors are driving Bearings market growth, globally and by region?

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

How do Bearings market opportunities vary by end market size?

How does Bearings break out by Type, by Application?

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