Report Code : CVMI2412273 | Published Date : March 3, 2025
The global Automotive Bearing Market was valued at USD 24.5 billion in 2023 and is projected to reach USD 39.8 billion by 2031, growing at a CAGR of 6.2%. Rising vehicle production, EV adoption, and demand for high-performance, lightweight components drive the market.
2024 Market Breakthroughs
- EV-Specific Bearings:
- NSK’s Insulated Bearings prevent electric arcing in 800V+ EV systems.
- NTN’s hybrid ceramic bearings reduce friction losses by 18% in high-speed motors.
- Smart Bearings:
- SKF’s Sensorized Bearings with IoT monitoring predict failures 3,000 miles in advance.
- Schaeffler’s Active Cage Bearings adjust clearance dynamically for optimized load distribution.
- Material Innovations:
- Timken’s graphene-coated bearings extend their lifespan by 40% in extreme conditions.
- JTEKT’s self-lubricating bearings eliminate maintenance for autonomous vehicles.
Market Drivers
1. EV Revolution
- 30 million EVs on roads by 2025, each requiring 20% more bearings than ICE vehicles.
- 800V Architecture Demand: Insulated bearings market to grow at 22% CAGR.
2. Lightweighting Initiatives
- Ceramic Bearings are 60% lighter than steel, improving EV range by 3-5%.
- Aluminum Alloy Housings reduce weight by 35% vs. traditional designs.
3. Predictive Maintenance
- AI-Powered Bearing Analytics cut unplanned downtime by 50% in fleets.
- OEM Partnerships: Tesla and BMW integrate sensorized bearings into vehicle health systems.
Competitive Landscape
Company |
Market Share |
Flagship Innovation |
Strategic Edge |
SKF |
25% |
Sensorized Smart Bearings |
IoT integration leader |
NSK |
20% |
EV Insulated Bearings |
800V system specialization |
Schaeffler |
18% |
Active Cage Technology |
Dynamic load optimization |
Emerging Disruptors:
- BearingX: AI-driven bearing health monitoring (Seed funding: $15M).
- NanoMech: Nanocomposite coatings extending bearing life 3x.
Market Segmentation
- By Type:
- Ball Bearings (45%): Dominant in wheels and transmissions.
- Roller Bearings (XX%): Heavy-duty applications (trucks/EV motors).
- Plain Bearings (XX%): Growing in autonomous vehicle joints.
- By Vehicle:
- EVs (XX%): Fastest-growing segment (12% CAGR).
- ICE (XX%): Still largest market but declining at -2% CAGR.
- By Region:
- Asia-Pacific (XX%): China produces 65% of global bearings.
- Europe (XX%): Leads in premium/long-life bearings.
- North America (XX%): Aftermarket replacement hub.
Recent Developments (2024)
- March 2024: SKF supplies Volvo EX90 with condition-monitoring bearings.
- June 2024: NSK develops world’s first 1,200V insulated bearing for hyper-EVs.
Reasons To Buy

Scope

Key Players
- Automotive Bearing Market – SKF Group
- NTN Corporation
- Schaeffler AG
- NSK Ltd.
- Timken Company
- JTEKT Corporation
- Nachi-Fujikoshi Corp.
- C&U Group
- ILJIN Co. Ltd.
- RBC Bearings Incorporated.
Global Automotive Bearing Market Report
- 1. Global Automotive Bearing Market Research Report
- 1.1 Study Objectives
- 1.2 Global Automotive Bearing Market - Overview
- 1.3 Reason to Read This Report
- 1.4 Methodology and Forecast Analysis
- 2.1 Global Automotive Bearing Market Research Report – Detailed Scope and Definitions
- 2.1.1 By Type
- 2.1.2 By Vehicle Type
- 2.1.3 By End-user Industry
- 2.1.4 By Application
- 2.1.5 By Region
- 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
- 3.2. Restraints – By Type, By Vehicle Type, By End-user Industry, By Application, By Country
- 3.3. Opportunities – By Type, By Vehicle Type, By End-user Industry, By Application, By Country
- 3.4. Trends – By Type, By Vehicle Type, By End-user Industry, By Application, By Country
- 3.5. PEST Analysis
- 3.6. Porters Five Rule Analysis
- 3.7. Company’s Share Analysis (CSA) by Region or By Country
- 3.8. Global Automotive Bearing Market Research Report – DROTs Impact Analysis
- 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
- 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
- 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.1 Ball Bearings
- 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.2 Roller Bearings
- 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.3 Tapered Roller Bearings
- 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.4 Needle Bearings
- 5.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.5 Thrust Bearings
- 5.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.1 Passenger Vehicles
- 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.2 Commercial Vehicles
- 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.3 Electric Vehicles
- 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.1 Automotive
- 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.2 OEMs
- 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.1 Engine
- 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.2 Transmission
- 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.3 Steering
- 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.4 Wheel.
- 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.1 North America
- 9.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.2 Europe
- 9.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.3 Asia-Pacific
- 9.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.4 Latin America
- 9.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.5 Middle East & Africa
- 9.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.6 Global Automotive Bearing Market - Opportunity Analysis Index, By Type, By Vehicle Type, By End-user Industry, By Application, and Region, 2024 - 2031
- 10.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 10.1.1 Ball Bearings
- 10.1.2 Roller Bearings
- 10.1.3 Tapered Roller Bearings
- 10.1.4 Needle Bearings
- 10.1.5 Thrust Bearings
- 10.2.1 Passenger Vehicles
- 10.2.2 Commercial Vehicles
- 10.2.3 Electric Vehicles
- 10.3.1 Automotive
- 10.3.2 OEMs
- 10.4.1 Engine
- 10.4.2 Transmission
- 10.4.3 Steering
- 10.4.4 Wheel.
- 10.5.1 United States
- 10.5.2 Canada
10.7 Regional Trends Analysis
10.8 North America Global Automotive Bearing Market Research Report - Company Profiles- 10.8.1 Company 1 (United States)
- 10.8.2 Company 2 (Canada)
- 10.8.3 Company 3 (Canada)
- 11.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 11.1.1 Ball Bearings
- 11.1.2 Roller Bearings
- 11.1.3 Tapered Roller Bearings
- 11.1.4 Needle Bearings
- 11.1.5 Thrust Bearings
- 11.2.1 Passenger Vehicles
- 11.2.2 Commercial Vehicles
- 11.2.3 Electric Vehicles
- 11.3.1 Automotive
- 11.3.2 OEMs
- 11.4.1 Engine
- 11.4.2 Transmission
- 11.4.3 Steering
- 11.4.4 Wheel.
- 11.5.1 Germany
- 11.5.2 United Kingdom
- 11.5.3 France
- 11.5.4 Spain
- 11.5.5 Italy
- 11.5.6 Russia
- 11.5.7 Netherlands
- 11.5.8 Poland
- 11.5.9 Rest of Europe
11.7 Regional Trends Analysis
11.8 Europe Global Automotive Bearing Market Research Report - Company Profiles- 11.8.1 Company 1 (Germany)
- 11.8.2 Company 2 (United Kingdom)
- 11.8.3 Company 3 (United Kingdom)
- 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 12.1.1 Ball Bearings
- 12.1.2 Roller Bearings
- 12.1.3 Tapered Roller Bearings
- 12.1.4 Needle Bearings
- 12.1.5 Thrust Bearings
- 12.2.1 Passenger Vehicles
- 12.2.2 Commercial Vehicles
- 12.2.3 Electric Vehicles
- 12.3.1 Automotive
- 12.3.2 OEMs
- 12.4.1 Engine
- 12.4.2 Transmission
- 12.4.3 Steering
- 12.4.4 Wheel.
- 12.5.1 China
- 12.5.2 Japan
- 12.5.3 India
- 12.5.4 South Korea
- 12.5.5 Australia & NZ
- 12.5.6 ASEAN
- 12.5.7 Rest of Asia-Pacific
12.7 Regional Trends Analysis
12.8 Asia-Pacific Global Automotive Bearing Market Research Report - Company Profiles- 12.8.1 Company 1 (China)
- 12.8.2 Company 2 (Japan)
- 12.8.3 Company 3 (Japan)
- 13.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 13.1.1 Ball Bearings
- 13.1.2 Roller Bearings
- 13.1.3 Tapered Roller Bearings
- 13.1.4 Needle Bearings
- 13.1.5 Thrust Bearings
- 13.2.1 Passenger Vehicles
- 13.2.2 Commercial Vehicles
- 13.2.3 Electric Vehicles
- 13.3.1 Automotive
- 13.3.2 OEMs
- 13.4.1 Engine
- 13.4.2 Transmission
- 13.4.3 Steering
- 13.4.4 Wheel.
- 13.5.1 Brazil
- 13.5.2 Mexico
- 13.5.3 Argentina
- 13.5.4 Peru
- 13.5.5 Colombia
- 13.5.6 Rest of Latin America
13.7 Regional Trends Analysis
13.8 Latin America Global Automotive Bearing Market Research Report - Company Profiles- 13.8.1 Company 1 (Brazil)
- 13.8.2 Company 2 (Mexico)
- 13.8.3 Company 3 (Mexico)
- 14.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 14.1.1 Ball Bearings
- 14.1.2 Roller Bearings
- 14.1.3 Tapered Roller Bearings
- 14.1.4 Needle Bearings
- 14.1.5 Thrust Bearings
- 14.2.1 Passenger Vehicles
- 14.2.2 Commercial Vehicles
- 14.2.3 Electric Vehicles
- 14.3.1 Automotive
- 14.3.2 OEMs
- 14.4.1 Engine
- 14.4.2 Transmission
- 14.4.3 Steering
- 14.4.4 Wheel.
- 14.5.1 Saudi Arabia
- 14.5.2 UAE
- 14.5.3 South Africa
- 14.5.4 Egypt
- 14.5.5 Israel
- 14.5.6 Rest of Middle East and Africa
14.7 Regional Trends Analysis
14.8 Middle East & Africa Global Automotive Bearing Market Research Report - Company Profiles- 14.8.1 Company 1 (Saudi Arabia)
- 14.8.2 Company 2 (UAE)
- 14.8.3 Company 3 (UAE)
- 15.1 Strategic Dashboard of Top Market Players
15.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)- 15.2.1 Automotive Bearing Market – SKF Group
- 15.2.2 NTN Corporation
- 15.2.3 Schaeffler AG
- 15.2.4 NSK Ltd.
- 15.2.5 Timken Company
- 15.2.6 JTEKT Corporation
- 15.2.7 Nachi-Fujikoshi Corp.
- 15.2.8 C&U Group
- 15.2.9 ILJIN Co. Ltd.
- 15.2.10 RBC Bearings Incorporated.
17. Principal Presumptions and Acronyms