Companies Dominating the Automotive Bearing Landscape
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The automotive bearing market remains a highly competitive sector, with numerous companies leading the charge in innovative bearing products, expansion, and strategic partnerships. In 2024, SKF, a leading player in the market, announced the launch of a new line of high-performance bearings designed for EVs, to capitalize on the surge in demand for automotive components. The table below highlights a list of top companies in the market with revenue shares:
|
Company Name |
Origin Country |
Estimated Revenue Share by 2024 |
|
SKF Group |
Sweden |
19% |
|
Schaeffler AG |
Germany |
17% |
|
NTN Corporation |
Japan |
15% |
|
JTEKT Corporation |
Japan |
13% |
|
Timken Company |
USA |
11% |
|
C&U Group |
China |
XX% |
|
NSK Ltd. |
Japan |
XX% |
|
Minebea Mitsumi Inc. |
Japan |
XX% |
|
FAG Bearings |
Germany |
XX% |
|
Harbin Bearing Manufacturing |
China |
XX% |
|
GMB Corporation |
USA |
XX% |
|
Wanxiang Group |
China |
XX% |
|
Zhejiang Tianma Bearing |
China |
XX% |
|
Changjiang Bearing |
China |
XX% |
|
RBC Bearings |
USA |
XX% |
Below are the areas covered for each company in the market:
