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Automotive Bearing Market Analysis – By Bearing Type (Ball bearing, Roller bearing and others (Roller Bearings, Journal Bearings, Sleeve Bearings, Composite Bearings, and Rifle Bearings)), by Outer Diameter (Below 5mm, 6mm-10mm, 10mm-21mm, 22mm, 23mm-32mm, 33mm-40mm, 41mm-45mm, Others (>45mm))), by Application (Automotive, Electrical, Agriculture, Mining & Construction, Railway & Aerospace), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Global Industry Size, Growth, Share, Value, Trends and Demand Forecast Report 2022 to 2027

Published: January, 2022
ID: 8668
Pages: 175

Automotive Bearing Market Introduction:

Automotive bearings are components that can carry heavy loads with ease and efficiency. The desired properties of automotive bearings are high precision, reliability, longevity, and the ability to rotate at high speeds with minimal noise and vibration. The bearings reduce the friction between the moving parts of the vehicle. It is forecasted that the global market for motor vehicle bearings will increase in value to $ 186.4 billion and annual growth of 5.8%.

Automotive Bearing Industry Recent developments:

In 2017-2018, major bearing manufacturers such as SKF, NSK, Schaeffer, and JTEKT announced their investment plans to expand their bearings to meet growing demand in the automotive industry, the aforementioned manufacturers have expanded their rolling element production, especially in the Asia-Pacific region, and especially in countries such as Japan, India, Korea, Vietnam, Malaysia, and China. Cone and needle bearings are identified as the main production plans of the above players.

Automotive Bearing Market value and expected growth:

Over the next few years, it is estimated that demand for automotive warehouses in the Asia-Pacific countries, mainly China, India, and Japan, will increase. In addition, with one-third of the world's population in China and India, demand for vehicles, particularly passenger cars and two-wheelers, is increasing, which in turn increases demand for passenger cars. Countries The Asia and Pacific region is expected to have a CAGR of 6.4% will grow. In mature markets, such as Europe and North America, automotive bearings are expected to grow at a CAGR of 5.8% (2019-2024). Developing countries, such as Brazil and South Africa, are expected to show high growth rates.

Market Drivers and Restraints:

It is expected that the rapid growth of the automotive industry worldwide in recent years will stimulate the market for automotive bearings in the forecast period. It is likely that the increase in average vehicle life due to the inclusion of low fuel consumption technologies will further boost the market for automotive storage machinery over the forecast period. Greater efforts are expected to be made in the development of lightweight materials in high-performance bearings to boost the automotive warehouse market in the near future. It is expected that the development and integration of new gasket technologies by OEMs to seal up bearing contaminants to increase the average life of automotive warehouses will further boost the automotive warehouse market in the automotive industry in the next few years.

Detailed Classification of the Market:

Industry Analysis – By Bearing Type:

Ball Bearings

Plain Bearings

Others (Roller Bearings, Journal Bearings, Sleeve Bearings, Composite Bearings, and Rifle Bearings)

Industry Analysis – By Outer Diameter:

Below 5mm

6mm-10mm

10mm-21mm

22mm

23mm-32mm

33mm-40mm

41mm-45mm

Others (>45mm)

Industry Analysis – By Applications:

Automotive

Electrical

Agriculture

Mining & Construction

Railway & Aerospace

Geographical Classification:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa
  • Rest of the World

Market Regional Growth Analysis:

The market for automobile storage in the Asia-Pacific region is expected to grow significantly during the planned period. This is mainly due to the fact that China, which is the world leader in vehicle production, is making enormous efforts to boost the growth of the automotive industry. The automotive industry in the Asia-Pacific region is growing rapidly, with well-established manufacturing facilities from leading OEMs such as China, Japan, and South Korea in some countries in the Asia-Pacific region.

Top Leading Players mentioned in the Market Report:

  1. Timken Co. (U.S.)
  2. SKF (Sweden)
  3. Schaeffler AG (Germany)
  4. JTEKT Corp. (Japan)
  5. NTN Corp. (Japan)
  6. Jtekt Corporation
  7. Iljin Bearing Co. Ltd
  8. Svenska Kullagerfabriken AB
  9. RKB Bearings
  10. ORS Bearings
  11. CW Bearing

Research Report Key Highlights:

  • Current and future market perspectives for Automotive Bearing Market in developed and emerging markets.
  • Analyze different market perspectives using the analysis of five Porter forces
  • The segment that is expected to dominate the market.
  • Regions that are expected to grow faster during the forecast period.
  • Identify the latest developments, market shares, and strategies of key market participants.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Automotive Bearing Market, By Bearing Type                             

                                6.1.1 Ball Bearings           

                                6.1.2 Plain Bearings        

                                6.1.3 Others      

                                                6.1.3.1 Roller Bearings

                                                6.1.3.2 Journal Bearings

                                                6.1.3.3 Sleeve Bearings

                                                6.1.3.4 Composite Bearings

                                                6.1.3.5 Rifle Bearings

                                6.1.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.5 Y-o-Y Growth Rate Analysis             

                                6.1.6 Market Attractiveness Index          

                6.2 Automotive Bearing Market, By Outer Diameter                       

                                6.2.1 Below 5mm            

                                6.2.2 6mm-10mm            

                                6.2.3 10mm-21mm         

                                6.2.4 22mm        

                                6.2.5 23mm-32mm         

                                6.2.6 33mm-40mm         

                                6.2.7 41mm-45mm         

                                6.2.8 Others (>45mm)   

                                6.2.9 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.10 Y-o-Y Growth Rate Analysis           

                                6.2.11 Market Attractiveness Index        

                6.3 Automotive Bearing Market, By Applications                              

                                6.3.1 Automotive            

                                6.3.2 Electrical   

                                6.3.3 Agriculture              

                                6.3.4 Mining & Construction       

                                6.3.5 Railway & Aerospace          

                                6.3.6 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.7 Y-o-Y Growth Rate Analysis             

                                6.3.8 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Bearing Type    

                                7.2.3 By Outer Diameter              

                                7.2.4 By Applications      

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Bearing Type    

                                7.3.3 By Outer Diameter              

                                7.3.4 By Applications      

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Bearing Type    

                                7.4.3 By Outer Diameter              

                                7.4.4 By Applications      

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Bearing Type    

                                7.5.3 By Outer Diameter              

                                7.5.4 By Applications      

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Bearing Type    

                                7.6.3 By Outer Diameter              

                                7.6.4 By Applications      

8. Key Player Analysis                                    

                8.1 Timken Co.                 

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 SKF                 

                8.3 Schaeffler AG                            

                8.4 JTEKT Corp.                 

                8.5 NTN Corp.                   

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  1. Global Automotive Bearing Market By Region, From 2022 - 2027 ( USD Billion )
  2. Global Automotive Bearing Market By Bearing Type, From 2022 - 2027 ( USD Billion )
  3. Global Ball Bearings Market By Region, From 2022 - 2027 ( USD Billion )
  4. Global Plain Bearings Market By Region, From 2022 - 2027 ( USD Billion )
  5. Global Others Market By Region, From 2022 - 2027 ( USD Billion )
  6. Global Roller Bearings Market By Region, From 2022 - 2027 ( USD Billion )
  7. Global Journal Bearings Market By Region, From 2022 - 2027 ( USD Billion )
  8. Global Sleeve Bearings Market By Region, From 2022 - 2027 ( USD Billion )
  9. Global Composite Bearings Market By Region, From 2022 - 2027 ( USD Billion )
  10. Global Rifle Bearings Market By Region, From 2022 - 2027 ( USD Billion )
  11. Global Automotive Bearing Market By Outer Diameter, From 2022 - 2027 ( USD Billion )
  12. Global Below 5mm Market By Region, From 2022 - 2027 ( USD Billion )
  13. Global 6mm-10mm Market By Region, From 2022 - 2027 ( USD Billion )
  14. Global 10mm-21mm Market By Region, From 2022 - 2027 ( USD Billion )
  15. Global 22mm Market By Region, From 2022 - 2027 ( USD Billion )
  16. Global 23mm-32mm Market By Region, From 2022 - 2027 ( USD Billion )
  17. Global 33mm-40mm Market By Region, From 2022 - 2027 ( USD Billion )
  18. Global 41mm-45mm Market By Region, From 2022 - 2027 ( USD Billion )
  19. Global Others (>45mm) Market By Region, From 2022 - 2027 ( USD Billion )
  20. Global Automotive Bearing Market By Applications, From 2022 - 2027 ( USD Billion )
  21. Global Automotive Market By Region, From 2022 - 2027 ( USD Billion )
  22. Global Electrical Market By Region, From 2022 - 2027 ( USD Billion )
  23. Global Agriculture Market By Region, From 2022 - 2027 ( USD Billion )
  24. Global Mining & Construction Market By Region, From 2022 - 2027 ( USD Billion )
  25. Global Railway & Aerospace Market By Region, From 2022 - 2027 ( USD Billion )

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