Automotive Bearing Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

Automotive Bearing Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

Global Automotive Bearing market was valued over USD 43,748.40 million in 2021 and is estimated to reach USD 64,367.35 million by 2027, registering a CAGR of 6.67% through 2027. The bearing market is growing at a rapid pace because of the increasing demand for vehicle production and the bearing industry is focusing on developing application specific bearing to meet the needs of new improvised automobiles and their components.

The bearing is the essential part of the automobile industry and without a working bearing it is not possible to drive the vehicle. The bearing's main function is to provide smooth functioning of vehicles such as steering column and seat track rails which ensure smooth and quiet motion. The introduction of the innovate bearing is proving to be cost effective, improving the performance of vehicle and have long service life of bearing. Moreover, manufacturers are making smart bearing that can measure and tell the operating condition of the vehicle continuously which is leading to better life cycle of bearing.

When the COVID-19 began to cause lockdowns across the globe, there was a substantial slowdown in production of the automobiles. The COVID-19 pandemic adversely impacted the economic condition globally and impacted trade. The lockdown and restrictions affected the production of vehicles which in turn affected the bearing market. Several currency depreciations in some parts of world have led to the disruption in the supply and demand of the bearing.

Rising Demand for Automobiles

With the increase in demand for automobile vehicle rising at an enormous rate, the demand for bearing by automobile OEMS is also rising. The new type of vehicles entering in the market such as electronic vehicle is leading to an increase in demand for bearing because bearing made for this kind of vehicle are customised bearing. Schaeffler Group has launched two new products, TriFinity triple row ball bearing and high-efficiency ball bearing with centrifugal disc in the year 2022, which is specifically designed for electric vehicles to attain higher efficiency, service life, and greater range.

Technology Advancements

With the technological innovation in the bearing industry, the bearing is made with advanced features and materials. Now a days bearing can track the bearing life cycle and its performance, bearing designer are using the bearing simulation software to better match with bearing design with operation condition. The computer and analysis code used for making bearing design are helping in measuring the bearing performance, life, and reliability. Even this simulation software helps in saving time and resources spent on testing phase.

Advancements in Materials & Coatings

Advancement in the materials have extended the operating life of bearings. The bearing industry is using hard coating, ceramics, and specialty steels bearing. With the introduction of new materials such as Chrome steel, which is used in making precision ball bearing which allow the bearing to have great hardness, wear resistance and fatigue life. Also, now tungsten carbide bearing is made which can withstand high stress, high temperature, high impact, wear, and corrosion resistant. These bearing have low lubrication and are log lasting ball bearing in today’s market. Even plastic ball bearing is being made now a days which was not a possible earlier. Plastic bearing are used in low load situation and have high wear resistant.

Decreasing Replacement Demand

The growth in global bearing market is damaging the replacement market. Technologically advanced bearing has long service life, so once they are installed, they are not easily replaced. Thus, it is eliminating the need of replacement because lighter bearing comes with lower friction and noise, have improved reliability, high wear resistant, longer service life and ability to withstand harsh operating conditions. Thus, these factors are damaging the replacement of bearing impossible.

Market Segmentation

The Global Automotive Bearing Market is segmented based on vehicle type, application type, bearing type, by region, and company. Based on vehicle type, the market is segmented into two wheeler, passenger car, light commercial vehicles and medium &heavy commercial vehicles. Based on application type, the market is further segmented into engine, transmission, wheel, steering, and others. The market is further segmented into the ball, roller and plain bearing based on the bearing type. Based on the demographic region, market is divided into Asia-Pacific, Europe, North America, South America and Middle East and Africa region.

Company Profiles

The key players in the market include AB SKF, Schaeffler (FAG), NSK Ltd., NTN Corporation, NMB Technologies Cooperation, TIMKEN Company, Torrington Company, JTKET corporation, Nachi-Fujikoshi Corp, Wafangdian Bearing Group Co. Ltd. These players are investing in innovation and manufacturing of bearing that will meet the customer requirement and able to beat their competition with the uniqueness of their product. Additionally, advanced strategic moves, such as mergers and collaborations, also benefit key players by raising their customer base and expanding their sales and distribution networks in the Indian two-wheeler market.

Report Scope:

In this report, Global Automotive Bearing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Automotive Bearing, By Vehicle Type:
  • Two Wheeler
  • Passengers Car
  • Light Commercial Vehicle
  • Medium and Heavy Commercial Vehicles
  • Global Automotive Bearing Market, By Application Type:
  • Engine
  • Transmission
  • Wheel
  • Steering
  • Other
  • Global Automotive Bearing Market, By Bearing Type:
  • Ball
  • Roller
  • Plain
  • Global Automotive Bearing Market, By Region:
  • Asia-Pacific
  • Europe
  • North America
  • South America
  • Middle East & Africa
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Automotive Bearing market.

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights


Global Automotive Bearing Market, Forecast & Opportunities, 2028F
1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Impact of COVID-19 on Global Automotive Bearing Market
4.1. Key Segments Impacted
4.2. Key Regions Impacted
4.3. Key Countries Impacted
5. Voice of Customer Analysis
5.1. Factors Influencing Purchase Decision
5.2. Brand Recall
5.3. Challenges/Issues Faced Post Purchase
6. Global Automotive Bearing Market Outlook
6.1. Market Size & Forecast
6.1.1. By Volume & Value
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis (Two Wheeler, Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle)
6.2.2. By Application Type Market Share Analysis (Engine, Transmission, Wheel, Steering and Others)
6.2.3. By Bearing Type Market Share Analysis (Ball, Roller, Plain)
6.2.4. By Regional Market Share Analysis
6.2.4.1. Asia-Pacific Market Share Analysis
6.2.4.2. Europe Market Share Analysis
6.2.4.3. North America Market Share Analysis
6.2.4.4. South America Market Share Analysis
6.2.4.5. Middle East & Africa Market Share Analysis
6.2.5. By Company Market Share Analysis (By Value, 2022)
6.3. Global Automotive Bearing Market Mapping & Opportunity Assessment
6.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
6.3.2. By Application Mapping & Opportunity Assessment
6.3.3. By Bearing Type Mapping & Opportunity Assessment
6.3.4. By Regional Market Mapping & Opportunity Assessment
7. Asia-Pacific Automotive Bearing Market Outlook
7.1. Market Size & Forecast
7.1.1. By Volume & Value
7.2. Market Share & Forecast
7.2.1. By Vehicle Type Market Share Analysis
7.2.2. By Application Market Share Analysis
7.2.3. By Bearing Type Market Share Analysis
7.2.4. By Country Market Share Analysis
7.3. Asia-Pacific: Country Analysis
7.3.1. China Automotive Bearing Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Volume & Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Vehicle Type Market Share Analysis
7.3.1.2.2. By Application Market Share Analysis
7.3.1.2.3. By Bearing Type Market Share Analysis
7.3.2. India Automotive Bearing Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Volume & Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Vehicle Type Market Share Analysis
7.3.2.2.2. By Application Market Share Analysis
7.3.2.2.3. By Bearing Type Market Share Analysis
7.3.3. Japan Automotive Bearing Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Volume & Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Vehicle Type Market Share Analysis
7.3.3.2.2. By Application Market Share Analysis
7.3.3.2.3. By Bearing Type Market Share Analysis
7.3.4. Indonesia Automotive Bearing Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Volume & Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Vehicle Type Market Share Analysis
7.3.4.2.2. By Application Market Share Analysis
7.3.4.2.3. By Bearing Type Market Share Analysis
7.3.5. Thailand Automotive Bearing Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Volume & Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Vehicle Type Market Share Analysis
7.3.5.2.2. By Application Market Share Analysis
7.3.5.2.3. By Bearing Type Market Share Analysis
7.3.6. South Korea Automotive Bearing Market Outlook
7.3.6.1. Market Size & Forecast
7.3.6.1.1. By Volume & Value
7.3.6.2. Market Share & Forecast
7.3.6.2.1. By Vehicle Type Market Share Analysis
7.3.6.2.2. By Application Market Share Analysis
7.3.6.2.3. By Bearing Type Market Share Analysis
7.3.7. Malaysia Automotive Bearing Market Outlook
7.3.7.1. Market Size & Forecast
7.3.7.1.1. By Volume & Value
7.3.7.2. Market Share & Forecast
7.3.7.2.1. By Vehicle Type Market Share Analysis
7.3.7.2.2. By Application Market Share Analysis
7.3.7.2.3. By Bearing Type Market Share Analysis
8. Europe Automotive Bearing Market Outlook
8.1. Market Size & Forecast
8.1.1. By Volume & Value
8.2. Market Share & Forecast
8.2.1. By Vehicle Type Market Share Analysis
8.2.2. By Application Market Share Analysis
8.2.3. By Bearing Type Market Share Analysis
8.2.4. By Country Market Share Analysis
8.3. Europe: Country Analysis
8.3.1. Germany Automotive Bearing Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Volume & Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Vehicle Type Market Share Analysis
8.3.1.2.2. By Application Market Share Analysis
8.3.1.2.3. By Bearing Type Market Share Analysis
8.3.2. Spain Automotive Bearing Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Volume & Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Vehicle Type Market Share Analysis
8.3.2.2.2. By Application Market Share Analysis
8.3.2.2.3. By Bearing Type Market Share Analysis
8.3.3. France Automotive Bearing Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Volume & Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Vehicle Type Market Share Analysis
8.3.3.2.2. By Application Market Share Analysis
8.3.3.2.3. By Bearing Type Market Share Analysis
8.3.4. Russia Automotive Bearing Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Volume & Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Vehicle Type Market Share Analysis
8.3.4.2.2. By Application Market Share Analysis
8.3.4.2.3. By Bearing Type Market Share Analysis
8.3.5. Italy Automotive Bearing Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Volume & Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Vehicle Type Market Share Analysis
8.3.5.2.2. By Application Market Share Analysis
8.3.5.2.3. By Bearing Type Market Share Analysis
8.3.6. United Kingdom Automotive Bearing Market Outlook
8.3.6.1. Market Size & Forecast
8.3.6.1.1. By Volume & Value
8.3.6.2. Market Share & Forecast
8.3.6.2.1. By Vehicle Type Market Share Analysis
8.3.6.2.2. By Application Market Share Analysis
8.3.6.2.3. By Bearing Type Market Share Analysis
8.3.7. Belgium Automotive Bearing Market Outlook
8.3.7.1. Market Size & Forecast
8.3.7.1.1. By Volume & Value
8.3.7.2. Market Share & Forecast
8.3.7.2.1. By Vehicle Type Market Share Analysis
8.3.7.2.2. By Application Market Share Analysis
8.3.7.2.3. By Bearing Type Market Share Analysis
8.3.8. Austria Automotive Bearing Market Outlook
8.3.8.1. Market Size & Forecast
8.3.8.1.1. By Volume & Value
8.3.8.2. Market Share & Forecast
8.3.8.2.1. By Vehicle Type Market Share Analysis
8.3.8.2.2. By Application Market Share Analysis
8.3.8.2.3. By Bearing Type Market Share Analysis
9. North America Automotive Bearing Market Outlook
9.1. Market Size & Forecast
9.1.1. By Volume & Value
9.2. Market Share & Forecast
9.2.1. By Vehicle Type Market Share Analysis
9.2.2. By Application Market Share Analysis
9.2.3. By Bearing Type Market Share Analysis
9.2.4. By Country Market Share Analysis
9.3. North America: Country Analysis
9.3.1. United States Automotive Bearing Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Volume & Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Vehicle Type Market Share Analysis
9.3.1.2.2. By Application Market Share Analysis
9.3.1.2.3. By Bearing Type Market Share Analysis
9.3.2. Mexico Automotive Bearing Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Volume & Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Vehicle Type Market Share Analysis
9.3.2.2.2. By Application Market Share Analysis
9.3.2.2.3. By Bearing Type Market Share Analysis
9.3.3. Canada Automotive Bearing Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Volume & Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Vehicle Type Market Share Analysis
9.3.3.2.2. By Application Market Share Analysis
9.3.3.2.3. By Bearing Type Market Share Analysis
10. South America Automotive Bearing Market Outlook
10.1. Market Size & Forecast
10.1.1. By Volume & Value
10.2. Market Share & Forecast
10.2.1. By Vehicle Type Market Share Analysis
10.2.2. By Application Market Share Analysis
10.2.3. By Bearing Type Market Share Analysis
10.2.4. By Country Market Share Analysis
10.3. South America: Country Analysis
10.3.1. Brazil Automotive Bearing Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Volume & Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Vehicle Type Market Share Analysis
10.3.1.2.2. By Application Market Share Analysis
10.3.1.2.3. By Bearing Type Market Share Analysis
10.3.2. Colombia Automotive Bearing Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Volume & Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Vehicle Type Market Share Analysis
10.3.2.2.2. By Application Market Share Analysis
10.3.2.2.3. By Bearing Type Market Share Analysis
10.3.3. Argentina Automotive Bearing Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Volume & Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Vehicle Type Market Share Analysis
10.3.3.2.2. By Application Market Share Analysis
10.3.3.2.3. By Bearing Type Market Share Analysis
11. Middle East & Africa Automotive Bearing Market Outlook
11.1. Market Size & Forecast
11.1.1. By Volume & Value
11.2. Market Share & Forecast
11.2.1. By Vehicle Type Market Share Analysis
11.2.2. By Application Market Share Analysis
11.2.3. By Bearing Type Market Share Analysis
11.2.4. By Country Market Share Analysis
11.3. Middle East & Africa: Country Analysis
11.3.1. Turkey Automotive Bearing Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Volume & Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Vehicle Type Market Share Analysis
11.3.1.2.2. By Application Market Share Analysis
11.3.1.2.3. By Bearing Type Market Share Analysis
11.3.2. Iran Automotive Bearing Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Volume & Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Vehicle Type Market Share Analysis
11.3.2.2.2. By Application Market Share Analysis
11.3.2.2.3. By Bearing Type Market Share Analysis
11.3.3. South Africa Automotive Bearing Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Volume & Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Vehicle Type Market Share Analysis
11.3.3.2.2. By Application Market Share Analysis
11.3.3.2.3. By Bearing Type Market Share Analysis
11.3.4. Morocco Automotive Bearing Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Volume & Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Vehicle Type Market Share Analysis
11.3.4.2.2. By Application Market Share Analysis
11.3.4.2.3. By Bearing Type Market Share Analysis
12. SWOT Analysis
12.1. Strength
12.2. Weakness
12.3. Opportunities
12.4. Threats
13. Market Dynamics
13.1. Market Drivers
13.2. Market Challenges
14. Market Trends and Developments
15. Competitive Landscape
15.1. Company Profiles (Up to 10 leading companies)
15.1.1. AB SKF
15.1.1.1. Company Details
15.1.1.2. Product & Services
15.1.1.3. Financials (As Per Availability)
15.1.1.4. Recent Developments
15.1.1.5. Key Management Personnel
15.1.2. Schaeffler (FAG)
15.1.2.1. Company Details
15.1.2.2. Product & Services
15.1.2.3. Financials (As Per Availability)
15.1.2.4. Recent Developments
15.1.2.5. Key Management Personnel
15.1.3. NSK Ltd.
15.1.3.1. Company Details
15.1.3.2. Product & Services
15.1.3.3. Financials (As Per Availability)
15.1.3.4. Recent Developments
15.1.3.5. Key Management Personnel
15.1.4. NTN Corporation
15.1.4.1. Company Details
15.1.4.2. Product & Services
15.1.4.3. Financials (As Per Availability)
15.1.4.4. Recent Developments
15.1.4.5. Key Management Personnel
15.1.5. NMB Technologies Cooperation
15.1.5.1. Company Details
15.1.5.2. Product & Services
15.1.5.3. Financials (As Per Availability)
15.1.5.4. Recent Developments
15.1.5.5. Key Management Personnel
15.1.6. Timken Corporation
15.1.6.1. Company Details
15.1.6.2. Product & Services
15.1.6.3. Financials (As Per Availability)
15.1.6.4. Recent Developments
15.1.6.5. Key Management Personnel
15.1.7. Torrington Company
15.1.7.1. Company Details
15.1.7.2. Product & Services
15.1.7.3. Financials (As Per Availability)
15.1.7.4. Recent Developments
15.1.7.5. Key Management Personnel
15.1.8. JTKET Corporation
15.1.8.1. Company Details
15.1.8.2. Product & Services
15.1.8.3. Financials (As Per Availability)
15.1.8.4. Recent Developments
15.1.8.5. Key Management Personnel
15.1.9. Nachi-Fujikoshi Corp.
15.1.9.1. Company Details
15.1.9.2. Product & Services
15.1.9.3. Financials (As Per Availability)
15.1.9.4. Recent Developments
15.1.9.5. Key Management Personnel
15.1.10. Wafangdian Bearing Group Co Ltd
15.1.10.1. Company Details
15.1.10.2. Product & Services
15.1.10.3. Financials (As Per Availability)
15.1.10.4. Recent Developments
15.1.10.5. Key Management Personnel
16. Strategic Recommendations
16.1. Key Focus Areas
16.2. Target Regions & Countries
16.3. Target Vehicle Type
16.4. Target Bearing Type
17. About Us & Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings