[170 Pages Report] In 2021, the global automotive bearing market is valued at US$ 171 Billion. The market is likely to grow at a y-o-y of 4.94% y-o-y in 2022 to reach US$ 180 Billion.
| Attribute | Details |
|---|---|
| Estimated Market Size of automotive bearing market in 2021 | US$ 171 Billion |
| Projected Market Size of automotive bearing market in 2022 | US$ 180 Billion |
| y-o-y in 2022 | 4.94% |
APEJ (Asia Pacific excluding Japan) is the largest market for automotive bearing market and is set to grow at CAGR 5.2% through 2022.
Ball bearing continues to be the biggest segment in the automotive bearing market.
They ensure efficiency and speed enhancement of the vehicle at the same time maintaining balance. Automotive bearings involve a ball with an external and internal frictionless metal surface that support the smooth movement of the bearings. The ball inside the bearing typically handles the load which in turn causes rotation of the bearing.
Future Market Insights has put forth a complete analysis of the global automotive bearing market by carrying out research on the emerging automotive sector and the bearing industry across key regions in the globe. The analytical research report on global automotive bearing market studies various facets associated with automotive bearings such as bearing types, material used and sales channels across key regions across the entire globe.
With the help of a weighted market segmentation future projections are carried out for five years starting from 2017 to 2022. These forecast insights can assist in slating important decisions with a view to achieve strategic advantage. The research also focuses on drivers, developments, economic aspects, restraints and trends influencing the growth of the global automotive bearing market.
According to the comprehensive research report on automotive bearing market, the global market is expected to grow at a significant rate during the period of forecast. The global automotive bearing market is estimated to reach a value of about US$ 180.9 Bn by the 2022 end from a valuation of around US$ 142.4 Bn in 2017. It is projected to grow at a steady CAGR throughout the forecast period 2017-2022.
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By bearing type, the ball bearings segment is expected to be the largest segment with respect to market value. In 2017, this segment lead the global market by bearing type and by the end of 2022, this segment is estimated to reach a valuation of about US$ 35.4 Bn growing at a steady CAGR during the period of forecast. Ball bearings are the used on a large scale in numerous applications owing to their load bearing capacity, strength, wear resistance and overall performance.
Bearings are used in different vehicle types. In the vehicle type category, compact passenger cars segment is expected to show high usage of automotive bearings owing to which they portray high market share as of 2017. This trend is expected to continue over the forecast period, thus reflecting dominance over other vehicle type segments in the global market. The compact passenger cars segment is projected to grow at 5% CAGR during the period of forecast.
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The APEJ region is expected to be the most lucrative region presenting high opportunities to upcoming players and established giants in the automotive bearing sector in the years to come. The APEJ automotive bearing market is expected to grow at the highest rate by registering a high 5.2% CAGR during 2017-2022. The automotive bearing market in this region is also expected to represent a high market valuation by 2022 end.
The research study on automotive bearing market has covered several key player profiles that includes their SWOT analysis, company overview, key financials, product portfolios and key developments. Companies such as ILJIN Bearing Co., Ltd., JTEKT Corporation, MinebeaMitsumi Inc., NRB Bearings Ltd., NTN Corporation, RKB Bearing Industries, Schaeffler AG and The Timken Company are profiled in this research study.
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Region
Bearing Type
Material Type
Sales Channel
Vehicle Type
The automotive bearing market is valued at US$ 171 Bn and is expected to be 4.94% y-o-y in 2022.
The leading automotive bearing companies are ILJIN Bearing Co., Ltd., JTEKT Corporation, MinebeaMitsumi Inc, NRB Bearings Ltd., NTN Corporation and RKB Bearing Industries.
1. Global Automotive Bearing Market - Executive Summary 2. Global Automotive Bearing Market Overview 2.1. Introduction 2.1.1. Global Automotive Bearing Market Taxonomy 2.1.2. Global Automotive Bearing Market Definition 2.2. Global Automotive Bearing Market Size (US$ Mn) and Forecast, 2012-2022 2.2.1. Global Automotive Bearing Market Y-o-Y Growth 2.3. Global Automotive Bearing Market Dynamics 2.4. Supply Chain 2.5. Cost Structure 2.6. Pricing Analysis 2.7. Product Life Cycle 2.8. List of Distributors 2.9. Key Participants Market Presence (Intensity Map) By Region 3. Global Automotive Bearing Market Analysis and Forecast By Bearing Type 3.1. Global Automotive Bearing Market Size and Forecast By Bearing Type, 2012-2022 3.1.1. Ball Bearing Market Size and Forecast, 2012-2022 3.1.1.1. Revenue (US$ Mn) Comparison, By Region 3.1.1.2. Market Share Comparison, By Region 3.1.1.3. Y-o-Y growth Comparison, By Region 3.1.2. Roller Bearings Market Size and Forecast, 2012-2022 3.1.2.1. Revenue (US$ Mn) Comparison, By Region 3.1.2.2. Market Share Comparison, By Region 3.1.2.3. Y-o-Y growth Comparison, By Region 3.1.3. Ball Thrust Bearings Market Size and Forecast, 2012-2022 3.1.3.1. Revenue (US$ Mn) Comparison, By Region 3.1.3.2. Market Share Comparison, By Region 3.1.3.3. Y-o-Y growth Comparison, By Region 3.1.4. Roller Thrust Bearings Market Size and Forecast, 2012-2022 3.1.4.1. Revenue (US$ Mn) Comparison, By Region 3.1.4.2. Market Share Comparison, By Region 3.1.4.3. Y-o-Y growth Comparison, By Region 3.1.5. Tapered Roller Bearings Market Size and Forecast, 2012-2022 3.1.5.1. Revenue (US$ Mn) Comparison, By Region 3.1.5.2. Market Share Comparison, By Region 3.1.5.3. Y-o-Y growth Comparison, By Region 3.1.6. Specialized Bearings Market Size and Forecast, 2012-2022 3.1.6.1. Revenue (US$ Mn) Comparison, By Region 3.1.6.2. Market Share Comparison, By Region 3.1.6.3. Y-o-Y growth Comparison, By Region 3.1.7. Others Market Size and Forecast, 2012-2022 3.1.7.1. Revenue (US$ Mn) Comparison, By Region 3.1.7.2. Market Share Comparison, By Region 3.1.7.3. Y-o-Y growth Comparison, By Region 4. Global Automotive Bearing Market Analysis and Forecast By Material Type 4.1. Global Automotive Bearing Market Size and Forecast By Material Type, 2012-2022 4.1.1. Metal-Polymer Market Size and Forecast, 2012-2022 4.1.1.1. Revenue (US$ Mn) Comparison, By Region 4.1.1.2. Market Share Comparison, By Region 4.1.1.3. Y-o-Y growth Comparison, By Region 4.1.2. Engineered Plastics Market Size and Forecast, 2012-2022 4.1.2.1. Revenue (US$ Mn) Comparison, By Region 4.1.2.2. Market Share Comparison, By Region 4.1.2.3. Y-o-Y growth Comparison, By Region 4.1.3. Fiber Reinforced Composite Market Size and Forecast, 2012-2022 4.1.3.1. Revenue (US$ Mn) Comparison, By Region 4.1.3.2. Market Share Comparison, By Region 4.1.3.3. Y-o-Y growth Comparison, By Region 4.1.4. Metal and Bimetal Market Size and Forecast, 2012-2022 4.1.4.1. Revenue (US$ Mn) Comparison, By Region 4.1.4.2. Market Share Comparison, By Region 4.1.4.3. Y-o-Y growth Comparison, By Region 5. Global Automotive Bearing Market Analysis and Forecast By Sales Channel 5.1. Global Automotive Bearing Market Size and Forecast By Sales Channel, 2012-2022 5.1.1. OEM Market Size and Forecast, 2012-2022 5.1.1.1. Revenue (US$ Mn) Comparison, By Region 5.1.1.2. Market Share Comparison, By Region 5.1.1.3. Y-o-Y growth Comparison, By Region 5.1.2. Aftermarket Market Size and Forecast, 2012-2022 5.1.2.1. Revenue (US$ Mn) Comparison, By Region 5.1.2.2. Market Share Comparison, By Region 5.1.2.3. Y-o-Y growth Comparison, By Region 6. Global Automotive Bearing Market Analysis and Forecast By Vehicle Type 6.1. Global Automotive Bearing Market Size and Forecast By Vehicle Type, 2012-2022 6.1.1. Compact Passenger Cars Market Size and Forecast, 2012-2022 6.1.1.1. Revenue (US$ Mn) Comparison, By Region 6.1.1.2. Market Share Comparison, By Region 6.1.1.3. Y-o-Y growth Comparison, By Region 6.1.2. Mid-sized Passenger Cars Market Size and Forecast, 2012-2022 6.1.2.1. Revenue (US$ Mn) Comparison, By Region 6.1.2.2. Market Share Comparison, By Region 6.1.2.3. Y-o-Y growth Comparison, By Region 6.1.3. Premium Passenger Cars Market Size and Forecast, 2012-2022 6.1.3.1. Revenue (US$ Mn) Comparison, By Region 6.1.3.2. Market Share Comparison, By Region 6.1.3.3. Y-o-Y growth Comparison, By Region 6.1.4. Luxury Passenger Cars Market Size and Forecast, 2012-2022 6.1.4.1. Revenue (US$ Mn) Comparison, By Region 6.1.4.2. Market Share Comparison, By Region 6.1.4.3. Y-o-Y growth Comparison, By Region 6.1.5. Light Commercial Vehicles Market Size and Forecast, 2012-2022 6.1.5.1. Revenue (US$ Mn) Comparison, By Region 6.1.5.2. Market Share Comparison, By Region 6.1.5.3. Y-o-Y growth Comparison, By Region 6.1.6. Heavy Commercial Vehicles Market Size and Forecast, 2012-2022 6.1.6.1. Revenue (US$ Mn) Comparison, By Region 6.1.6.2. Market Share Comparison, By Region 6.1.6.3. Y-o-Y growth Comparison, By Region 6.1.7. Two-Wheeler Market Size and Forecast, 2012-2022 6.1.7.1. Revenue (US$ Mn) Comparison, By Region 6.1.7.2. Market Share Comparison, By Region 6.1.7.3. Y-o-Y growth Comparison, By Region 7. Global Automotive Bearing Market Analysis and Forecast By Region 7.1. Global Automotive Bearing Market Size and Forecast, 2012-2022 7.1.1. North America Automotive Bearing Market Size and Forecast, 2012-2022 7.1.1.1. Revenue (US$ Mn) Comparison, By Bearing Type 7.1.1.2. Revenue (US$ Mn) Comparison, By Material Type 7.1.1.3. Revenue (US$ Mn) Comparison, By Sales Channel 7.1.1.4. Revenue (US$ Mn) Comparison, By Vehicle Type 7.1.2. Latin America Automotive Bearing Market Size and Forecast, 2012-2022 7.1.2.1. Revenue (US$ Mn) Comparison, By Bearing Type 7.1.2.2. Revenue (US$ Mn) Comparison, By Material Type 7.1.2.3. Revenue (US$ Mn) Comparison, By Sales Channel 7.1.2.4. Revenue (US$ Mn) Comparison, By Vehicle Type 7.1.3. Europe Automotive Bearing Market Size and Forecast, 2012-2022 7.1.3.1. Revenue (US$ Mn) Comparison, By Bearing Type 7.1.3.2. Revenue (US$ Mn) Comparison, By Material Type 7.1.3.3. Revenue (US$ Mn) Comparison, By Sales Channel 7.1.3.4. Revenue (US$ Mn) Comparison, By Vehicle Type 7.1.4. Japan Automotive Bearing Market Size and Forecast, 2012-2022 7.1.4.1. Revenue (US$ Mn) Comparison, By Bearing Type 7.1.4.2. Revenue (US$ Mn) Comparison, By Material Type 7.1.4.3. Revenue (US$ Mn) Comparison, By Sales Channel 7.1.4.4. Revenue (US$ Mn) Comparison, By Vehicle Type 7.1.5. APEJ Automotive Bearing Market Size and Forecast, 2012-2022 7.1.5.1. Revenue (US$ Mn) Comparison, By Bearing Type 7.1.5.2. Revenue (US$ Mn) Comparison, By Material Type 7.1.5.3. Revenue (US$ Mn) Comparison, By Sales Channel 7.1.5.4. Revenue (US$ Mn) Comparison, By Vehicle Type 7.1.6. MEA Automotive Bearing Market Size and Forecast, 2012-2022 7.1.6.1. Revenue (US$ Mn) Comparison, By Bearing Type 7.1.6.2. Revenue (US$ Mn) Comparison, By Material Type 7.1.6.3. Revenue (US$ Mn) Comparison, By Sales Channel 7.1.6.4. Revenue (US$ Mn) Comparison, By Vehicle Type 8. North America Automotive Bearing Market Analysis and Forecast, By Country, 2012-2022 8.1. US Automotive Bearing Market Size and Forecast, 2012-2022 8.1.1. Revenue (US$ Mn) Comparison, By Bearing Type 8.1.2. Revenue (US$ Mn) Comparison, By Material Type 8.1.3. Revenue (US$ Mn) Comparison, By Sales Channel 8.1.4. Revenue (US$ Mn) Comparison, By Vehicle Type 8.2. Canada Automotive Bearing Market Size and Forecast, 2012-2022 8.2.1. Revenue (US$ Mn) Comparison, By Bearing Type 8.2.2. Revenue (US$ Mn) Comparison, By Material Type 8.2.3. Revenue (US$ Mn) Comparison, By Sales Channel 8.2.4. Revenue (US$ Mn) Comparison, By Vehicle Type 9. Latin America Automotive Bearing Market Analysis and Forecast, By Country, 2012-2022 9.1. Brazil Automotive Bearing Market Size and Forecast, 2012-2022 9.1.1. Revenue (US$ Mn) Comparison, By Bearing Type 9.1.2. Revenue (US$ Mn) Comparison, By Material Type 9.1.3. Revenue (US$ Mn) Comparison, By Sales Channel 9.1.4. Revenue (US$ Mn) Comparison, By Vehicle Type 9.2. Mexico Automotive Bearing Market Size and Forecast, 2012-2022 9.2.1. Revenue (US$ Mn) Comparison, By Bearing Type 9.2.2. Revenue (US$ Mn) Comparison, By Material Type 9.2.3. Revenue (US$ Mn) Comparison, By Sales Channel 9.2.4. Revenue (US$ Mn) Comparison, By Vehicle Type 9.3. Argentina Automotive Bearing Market Size and Forecast, 2012-2022 9.3.1. Revenue (US$ Mn) Comparison, By Bearing Type 9.3.2. Revenue (US$ Mn) Comparison, By Material Type 9.3.3. Revenue (US$ Mn) Comparison, By Sales Channel 9.3.4. Revenue (US$ Mn) Comparison, By Vehicle Type 10. Europe Automotive Bearing Market Analysis and Forecast, By Country, 2012-2022 10.1. Germany Automotive Bearing Market Size and Forecast, 2012-2022 10.1.1. Revenue (US$ Mn) Comparison, By Bearing Type 10.1.2. Revenue (US$ Mn) Comparison, By Material Type 10.1.3. Revenue (US$ Mn) Comparison, By Sales Channel 10.1.4. Revenue (US$ Mn) Comparison, By Vehicle Type 10.2. UK Automotive Bearing Market Size and Forecast, 2012-2022 10.2.1. Revenue (US$ Mn) Comparison, By Bearing Type 10.2.2. Revenue (US$ Mn) Comparison, By Material Type 10.2.3. Revenue (US$ Mn) Comparison, By Sales Channel 10.2.4. Revenue (US$ Mn) Comparison, By Vehicle Type 10.3. France Automotive Bearing Market Size and Forecast, 2012-2022 10.3.1. Revenue (US$ Mn) Comparison, By Bearing Type 10.3.2. Revenue (US$ Mn) Comparison, By Material Type 10.3.3. Revenue (US$ Mn) Comparison, By Sales Channel 10.3.4. Revenue (US$ Mn) Comparison, By Vehicle Type 10.4. Spain Automotive Bearing Market Size and Forecast, 2012-2022 10.4.1. Revenue (US$ Mn) Comparison, By Bearing Type 10.4.2. Revenue (US$ Mn) Comparison, By Material Type 10.4.3. Revenue (US$ Mn) Comparison, By Sales Channel 10.4.4. Revenue (US$ Mn) Comparison, By Vehicle Type 10.5. Italy Automotive Bearing Market Size and Forecast, 2012-2022 10.5.1. Revenue (US$ Mn) Comparison, By Bearing Type 10.5.2. Revenue (US$ Mn) Comparison, By Material Type 10.5.3. Revenue (US$ Mn) Comparison, By Sales Channel 10.5.4. Revenue (US$ Mn) Comparison, By Vehicle Type 10.6. Nordic Automotive Bearing Market Size and Forecast, 2012-2022 10.6.1. Revenue (US$ Mn) Comparison, By Bearing Type 10.6.2. Revenue (US$ Mn) Comparison, By Material Type 10.6.3. Revenue (US$ Mn) Comparison, By Sales Channel 10.6.4. Revenue (US$ Mn) Comparison, By Vehicle Type 11. Japan Automotive Bearing Market Analysis and Forecast, By Country, 2012-2022 11.1. Japan Automotive Bearing Market Size and Forecast, 2012-2022 11.1.1. Revenue (US$ Mn) Comparison, By Bearing Type 11.1.2. Revenue (US$ Mn) Comparison, By Material Type 11.1.3. Revenue (US$ Mn) Comparison, By Sales Channel 11.1.4. Revenue (US$ Mn) Comparison, By Vehicle Type 12. APEJ Automotive Bearing Market Analysis and Forecast, By Country, 2012-2022 12.1. China Automotive Bearing Market Size and Forecast, 2012-2022 12.1.1. Revenue (US$ Mn) Comparison, By Bearing Type 12.1.2. Revenue (US$ Mn) Comparison, By Material Type 12.1.3. Revenue (US$ Mn) Comparison, By Sales Channel 12.1.4. Revenue (US$ Mn) Comparison, By Vehicle Type 12.2. India Automotive Bearing Market Size and Forecast, 2012-2022 12.2.1. Revenue (US$ Mn) Comparison, By Bearing Type 12.2.2. Revenue (US$ Mn) Comparison, By Material Type 12.2.3. Revenue (US$ Mn) Comparison, By Sales Channel 12.2.4. Revenue (US$ Mn) Comparison, By Vehicle Type 12.3. Malaysia Automotive Bearing Market Size and Forecast, 2012-2022 12.3.1. Revenue (US$ Mn) Comparison, By Bearing Type 12.3.2. Revenue (US$ Mn) Comparison, By Material Type 12.3.3. Revenue (US$ Mn) Comparison, By Sales Channel 12.3.4. Revenue (US$ Mn) Comparison, By Vehicle Type 12.4. Thailand Automotive Bearing Market Size and Forecast, 2012-2022 12.4.1. Revenue (US$ Mn) Comparison, By Bearing Type 12.4.2. Revenue (US$ Mn) Comparison, By Material Type 12.4.3. Revenue (US$ Mn) Comparison, By Sales Channel 12.4.4. Revenue (US$ Mn) Comparison, By Vehicle Type 12.5. Singapore Automotive Bearing Market Size and Forecast, 2012-2022 12.5.1. Revenue (US$ Mn) Comparison, By Bearing Type 12.5.2. Revenue (US$ Mn) Comparison, By Material Type 12.5.3. Revenue (US$ Mn) Comparison, By Sales Channel 12.5.4. Revenue (US$ Mn) Comparison, By Vehicle Type 12.6. Australia Automotive Bearing Market Size and Forecast, 2012-2022 12.6.1. Revenue (US$ Mn) Comparison, By Bearing Type 12.6.2. Revenue (US$ Mn) Comparison, By Material Type 12.6.3. Revenue (US$ Mn) Comparison, By Sales Channel 12.6.4. Revenue (US$ Mn) Comparison, By Vehicle Type 13. MEA Automotive Bearing Market Analysis and Forecast, By Country, 2012-2022 13.1. GCC Countries Automotive Bearing Market Size and Forecast, 2012-2022 13.1.1. Revenue (US$ Mn) Comparison, By Bearing Type 13.1.2. Revenue (US$ Mn) Comparison, By Material Type 13.1.3. Revenue (US$ Mn) Comparison, By Sales Channel 13.1.4. Revenue (US$ Mn) Comparison, By Vehicle Type 13.2. South Africa Automotive Bearing Market Size and Forecast, 2012-2022 13.2.1. Revenue (US$ Mn) Comparison, By Bearing Type 13.2.2. Revenue (US$ Mn) Comparison, By Material Type 13.2.3. Revenue (US$ Mn) Comparison, By Sales Channel 13.2.4. Revenue (US$ Mn) Comparison, By Vehicle Type 13.3. Nigeria Automotive Bearing Market Size and Forecast, 2012-2022 13.3.1. Revenue (US$ Mn) Comparison, By Bearing Type 13.3.2. Revenue (US$ Mn) Comparison, By Material Type 13.3.3. Revenue (US$ Mn) Comparison, By Sales Channel 13.3.4. Revenue (US$ Mn) Comparison, By Vehicle Type 13.4. Israel Automotive Bearing Market Size and Forecast, 2012-2022 13.4.1. Revenue (US$ Mn) Comparison, By Bearing Type 13.4.2. Revenue (US$ Mn) Comparison, By Material Type 13.4.3. Revenue (US$ Mn) Comparison, By Sales Channel 13.4.4. Revenue (US$ Mn) Comparison, By Vehicle Type 14. Global Automotive Bearing Market Company Share, Competition Landscape and Company Profiles 14.1. Company Share Analysis 14.2. Competition Landscape 14.3. Company Profiles 14.3.1. Schaeffler AG. 14.3.2. Jtekt Corporation 14.3.3. NTN Corporation 14.3.4. Iljin Bearing Co., Ltd 14.3.5. Timken Company 14.3.6. Svenska Kullagerfabriken AB 14.3.7. RKB Bearings 14.3.8. C & U Bearings 14.3.9. CW Bearings 14.3.10. Mineba Co. Ltd. 14.3.11. SNL Bearings 15. Research Methodology 16. Secondary and Primary Sources 17. Assumptions and Acronyms 18. Disclaimer
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Asia-Pacific Excluding Japan (APEJ) to Lead Automotive Bearing Market
