Bearing Market Outlook:
Bearing Market size was over USD 139.88 billion in 2025 and is poised to exceed USD 346.65 billion by 2035, witnessing over 9.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of bearing is estimated at USD 151.84 billion.
The bearing market growth is expected due to the growing use of high-capacity goods in wind turbines. These products are used by wind turbines to improve their efficiency and dependability, produce more energy, and use less lubricant. The total installed wind capacity reached 906 GW1 in 2022 when 77.6 GW of new wind generating capacity was added to electricity networks worldwide. This is a 9% increase from 2021.
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Frequently Asked Questions (FAQ)
In the year 2026, the industry size of bearing is estimated at USD 151.84 billion.
The global bearing market size was more than USD 139.88 billion in 2025 and is anticipated to witness a CAGR of over 9.5%, crossing USD 346.65 billion revenue by 2035.
Asia Pacific bearing market will dominate around 40% share by 2035, driven by rising automation in production processes and the adoption of industrial IoT.
Key players in the market include Regal Rexnord Corporation, RHP Bearing, Schaeffler AG, SKF, The Timken Company, Danaher Corporation, Bearing Manufacturing Company, THB BEARING CO., LTD., Luoyang Huigong Bearing Technology Co., Ltd.
