Global Wind Turbine Spindle Bearings Market Growth 2025-2031

The global Wind Turbine Spindle Bearings market size is predicted to grow from US$ 8027 million in 2025 to US$ 17340 million in 2031; it is expected to grow at a CAGR of 13.7% from 2025 to 2031.

Wind turbine spindle bearings, which sit within the nacelle at the top of the turbine tower, must support the weight of the rotor, along with additional loads generated by the wind, while allowing it to spin freely and transmit torque to the generator.

According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China"s installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.

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

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

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

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

Segmentation by Type:
Cylindrical Roller Bearings
Tapered Roller Bearings
Spherical Roller Bearings
Others

Segmentation by Application:
Large Wind Turbine
Small and Medium Wind Turbine

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.
Timken
Liebherr
NKE AUSTRIA GmbH
Luoyang Bearing Research Institute Co., Ltd.
Dalian Metallurgical Bearing Group
NTN
SKF Group Company
NSK
Scheerer
C.C.JENSEN
ZWZ
Defontaine Group
Thyssenkrupp Rothe Erde Germany GmbH
AB SKF
Groupe Legris Industries

Key Questions Addressed in this Report

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

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

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

How do Wind Turbine Spindle Bearings market opportunities vary by end market size?

How does Wind Turbine Spindle Bearings break out by Type, by Application?

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