Global Wind Power Bearings Market Growth 2025-2031

Global Wind Power Bearings Market Growth 2025-2031

The global Wind Power Bearings market size is predicted to grow from US$ 6375 million in 2025 to US$ 9100 million in 2031; it is expected to grow at a CAGR of 6.1% from 2025 to 2031.

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.

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

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

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

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

Segmentation by Type:
Main Shaft Bearing
Yaw and Variable Paddle Bearings
Accelerating Engine Bearing

Segmentation by Application:
Onshore
Offshore

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.
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

Key Questions Addressed in this Report

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

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

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

How do Wind Power Bearings market opportunities vary by end market size?

How does Wind Power Bearings break out by Type, by Application?

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