Automotive Bearing Market is predicted to reach USD 54.06 Billion at a CAGR of 6.30% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Automotive Bearing Market” that contains information from 2018 to 2032. The Automotive Bearing Market is estimated to register a CAGR of 6.30% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Automotive Bearing Market — Schaeffler AG., JTEKT Corporation, NTN Corporation, Iljin Bearing Co. Ltd., Timken Company, Svenska Kullagerfabriken AB, RKB Bearings, Timken Company, ORS Bearings, and CW Bearing.

Automotive Bearing Highlights

The global Automotive Bearing Market is accounted to register a CAGR of 6.30% during the forecast period and is estimated to reach USD 54.06 Billion by 2032.

The automotive bearing market refers to the industry that produces and supplies bearings specifically designed for use in vehicles. Bearings are essential components in various automotive applications, as they facilitate smooth movement and reduce friction between moving parts. They are used in various parts of a vehicle, including the engine, transmission, wheels, suspension, and more.

Segment Analysis

The global Automotive Bearing Market has been segmented based on Type, and Vehicle Type.

The Automotive Bearing Market segmentation, based on type, includes ball bearings, roller bearings, plain bearings, thrust bearings, and others. The ball bearings segment dominated the market due to their versatility and ability to handle radial and thrust loads. They consist of steel balls housed within a ring, allowing smooth rotation and reduced friction. Ball bearings are extensively used in various vehicle components such as wheels, transmissions, and engines.

The Automotive Bearing Market segmentation, based on vehicle type, includes 2-wheeler, passenger, and commercial. The 2-wheeler category generated the most income. It includes motorcycles and scooters and represents another significant market for automotive bearings. Bearings used in two-wheelers are compact and lightweight, designed to provide efficient performance while ensuring rider safety. They are used in wheel hubs, engines, and transmissions of two-wheeler vehicles.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Automotive Bearing Market Report Overview

Regional Analysis

The global Automotive Bearing Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Automotive Bearing market area will have significant growth. The region is home to several major automobile manufacturers and suppliers, contributing to the high demand for bearings. The market in America is driven by technological advancements, increasing vehicle production, and the growing focus on lightweight and fuel-efficient vehicles. Additionally, stringent emissions and vehicle safety regulations further boost the demand for advanced automotive bearings in this region. Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Europe's Automotive Bearing market accounts for the second-largest market share. Additionally, the emphasis on reducing carbon emissions and promoting electric vehicles (EVs) stimulates the market growth for specialized bearings used in EV drivetrains. Europe is also witnessing significant investments in research and development activities related to automotive-bearing technologies, further driving the market growth. Further, the German Automotive Bearing market held the largest market share, and the UK Automotive Bearing market was the rapid-growing market in the European region.

The Asia-Pacific Automotive Bearing Market will dominate the CAGR from 2023 to 2032. The increasing disposable income, urbanization, and infrastructure development in these countries drive the demand for automobiles, creating a favorable market for automotive bearings. Moreover, the continuous expansion of the electric vehicle market in the Asia Pacific presents immense opportunities for specialized bearings used in EV applications. Moreover, China’s Automotive Bearing market held the largest market share, and the Indian Automotive Bearing market was the rapid-growing market in the Asia-Pacific region.

Key Findings of the Study

• The global Automotive Bearing Market is expected to reach USD 54.06 Billion by 2032, at a CAGR of 6.30% during the forecast period.


• The Asia-Pacific Automotive Bearing Market will dominate the CAGR from 2023 to 2032. The increasing disposable income, urbanization, and infrastructure development in these countries drive the demand for automobiles, creating a favorable market for automotive bearings.


• The Automotive Bearing Market segmentation, based on type, includes ball bearings, roller bearings, plain bearings, thrust bearings, and others. The ball bearings segment dominated the market due to their versatility and ability to handle radial and thrust loads.


• Schaeffler AG., JTEKT Corporation, NTN Corporation, Iljin Bearing Co. Ltd., Timken Company, Svenska Kullagerfabriken AB, RKB Bearings, Timken Company, ORS Bearings, and CW Bearing.