Automotive Bearing Market Size & Share, by Product Type (Ball Bearing, Ball Thrust Bearings, Cylindrical Roller Bearing, Tapered Roller Bearing); Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles); Application (Axle, Engine, Motors, Steering) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 1996
  • Published Date: Feb 14, 2023
  • Report Format: PDF, PPT

Companies Dominating the Automotive Bearing Landscape

    • NTN Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Schaeffler Group
    • Timken Company
    • MinebeaMitsumi Inc.
    • NTN-SNR Roulements
    • NSK Ltd.
    • SNL Bearings Ltd.
    • JTEKT Corporation
    • Nippon Thompson Co., Ltd.
    • Aktiebolaget Svenska Kullagerfabriken

Browse Key Market Insights with Data Illustration:


In The News

  • NTN Corporation – announced that, under oil lubrication with high-speed deep groove ball bearings, it has achieved high-speed rotation supporting dmn value*1 of 2.2 million for e-Axle drive systems for EVs, and motors and transmissions for HEVs.

  • Schaeffler Group – introduced TriFinity triple-row bearing that offers greater rigidity and longer service life than standard bearings with two ball bearing rows, strengthening the company’s bearings business with the development of bearings for electromobility.

Author Credits:  Harshita Srivastava, Saima Khursheed

  • Report ID: 1996
  • Published Date: Feb 14, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing number of vehicles as well as rising demand for electric vehicles along with surge in the penetration of heavy vehicles are some of the major factors anticipated to drive the growth of the market.

The market is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2023-2033.

The fluctuating cost of raw materials as well as high maintenance cost are some of the factors estimated to hamper the market growth.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are NTN Corporation, Timken Company, Schaeffler Group, NSK Ltd., SNL Bearings Ltd., JTEKT Corporation, Nippon Thompson Co., Ltd., MinebeaMitsumi Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product type, vehicle type, application, and by region.

The light commercial vehicle segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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