The global demand for Automotive Bearing Market is presumed to reach the market size of nearly USD 34.59 BN by 2030 from USD 18.83 BN in 2022 with a CAGR of 7.9% under the study period 2023 - 2030.
An automotive bearing is a mechanical component used in vehicles to reduce friction and facilitate smooth movement between two or more parts. Bearings play a crucial role in various automotive systems, ensuring efficient and reliable operation. They are designed to withstand loads and rotational forces while minimizing friction and wear.
The increasing automotive production and sales worldwide, coupled with rising vehicle ownership and sales, are major contributors to the demand for automotive bearings. Technological advancements in bearing materials and design and lightweight initiatives to improve fuel efficiency drive the adoption of newer bearing technologies. The growing popularity of EVs and hybrid vehicles and consumer demand for fuel-efficient vehicles stimulates the use of specialized bearings to meet specific requirements. Additionally, the aftermarket demand for bearing replacements in existing vehicles further fuels the market's growth. The increasing vehicle lifespan, infrastructure development, and stringent emission and safety regulations also play crucial roles in the demand for high-quality bearings that contribute to overall vehicle performance and compliance. As the automotive industry continues to evolve, with ongoing innovation and developments in bearing technologies, the Automotive bearing market is expected to grow steadily to meet the demands of the dynamic automotive landscape.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive bearing. The growth and trends of automotive bearing industry provide a holistic approach to this study.
This section of the automotive bearing market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Vehicle Type
By Bearing Type
By Sales Channel
This section covers the regional outlook, which accentuates current and future demand for the Automotive Bearing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Automotive Bearing market include JTEKT Corp, NTN Corp, SKF, CW Bearing, Timken Co, ORS Bearing, RKB Bearings, Iljin Bearing, Koyo, and THB Bearing. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . AUTOMOTIVE BEARING – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Vehicle Type
3.7.2 Market Attractiveness Analysis By Bearing Type
3.7.3 Market Attractiveness Analysis By Sales Channel
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL AUTOMOTIVE BEARING MARKET ANALYSIS BY VEHICLE TYPE
5.1 Overview by Vehicle Type
5.2 Historical and Forecast Data
5.3 Analysis by Vehicle Type
5.4 Passenger Car Historic and Forecast Sales by Regions
5.5 Light Commercial Vehicle Historic and Forecast Sales by Regions
5.6 Heavy Commercial Vehicle Historic and Forecast Sales by Regions
6 . GLOBAL AUTOMOTIVE BEARING MARKET ANALYSIS BY BEARING TYPE
6.1 Overview by Bearing Type
6.2 Historical and Forecast Data
6.3 Analysis by Bearing Type
6.4 Ball Bearing Historic and Forecast Sales by Regions
6.5 Roller Bearing Historic and Forecast Sales ...