Automotive Bearing Market Analysis

Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles)

The global automotive bearing market is segmented and analyzed for demand and supply by vehicle type into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Amongst these segments, the light commercial vehicle segment is anticipated to garner the largest revenue by the end of 2037, backed by the growing demand for commercial vehicles along with the surge in the sale of light commercial vehicles worldwide, growing focus on fuel efficiency, and increasing developments for enhanced fitness, load carrying capacity and prolonged operating life. For instance, out of the total sales volume of commercial vehicles in India, the light commercial vehicles segment accounted for about 68% in 2020.

Our in-depth analysis of the global market includes the following segments:

By Product Type	Ball Bearing Ball Thrust Bearings Cylindrical Roller Bearing Tapered Roller Bearing
By Vehicle Type	Passenger Vehicles Light Commercial Vehicles Heavy Commercial Vehicles
By Application	Axle Engine Motors Steering

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of automotive bearing is assessed at USD 37.94 billion.

The automotive bearing market size was valued at USD 36.17 billion in 2024 and is anticipated to reach USD 77.86 billion by the end of 2037, expanding at around 6.2% CAGR during the forecast period i.e., between 2025-2037. Increasing number of vehicles as well as rising demand for electric vehicles along with surge in the penetration of heavy vehicles will propel the market growth.

Asia Pacific industry is expected to hold largest revenue share by 2037, impelled by presence of a strong transport network along with growing production of vehicles, increasing disposable income, and as well as the rising penetration of vehicles in the region.

The major players in the market include NTN Corporation, Schaeffler Group, Timken Company, MinebeaMitsumi Inc., NTN-SNR Roulements, NSK Ltd., SNL Bearings Ltd., JTEKT Corporation, Nippon Thompson Co., Ltd., Aktiebolaget Svenska Kullagerfabriken.

Automotive Bearing Market Analysis