Automotive Bearing Market Growth, Trends, and Forecast 2025–2032
The global automotive bearing market for EVs is projected to rise from USD 5.81 billion in 2025 to USD 12.82 billion by 2032, at a CAGR of 11.97%, and the global automotive bearing market for ICE is projected to grow from USD 31.02 billion in 2025 to USD 31.72 billion by 2032, reflecting a modest CAGR of 0.32%.
Surge in the demand for SUVs worldwide is fueling the demand
for wheel hubs and high-load-bearing tapered roller bearings, while luxury
features are driving the adoption of precision miniature bearings in powered
seats, steering, and climate systems. Additionally, electrification is
reshaping the usage of ceramic and deep-groove ball bearings for e-motors,
cylindrical roller bearings for e-axles, and specialized bearings for dedicated
transmissions. Moreover, the need for autonomy and use of ADAS is boosting the
demand for high-precision angular contact ball bearings in sensors and steering
systems, while lightweighting trends accelerate the shift to polymer and hybrid
bearings. At the same time, sustainability is pushing the adoption of
recyclable and remanufactured bearing solutions.
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“The BEV segment is projected to account for a
significant share during the forecast period.”
By EV type, the BEV segment is projected to account for a
significant share during the forecast period. Since BEVs lack an internal
combustion engine, bearings are mainly found in electric drive motors, gear
reduction units, and auxiliary systems. Deep groove ball bearings are widely
used in electric motors for their ability to handle radial and axial loads
while ensuring smooth, low-friction rotation at high speeds critical for
extending range. Cylindrical roller bearings are deployed in gearboxes to support
high radial loads and maintain precise gear alignment. In contrast, tapered
roller bearings are used in differential assemblies to manage combined load
forces. More miniature ball bearings are also integrated into systems like HVAC
blowers, electric steering, and pumps, where quiet operation and compact design
are essential.
By application, the interior & exterior segment is
projected to account for the largest share during the forecast period.
The demand for premium seating in mid-range and high-end
vehicles is rising, driving the increasing use of compact ball bearings and
plain bushings. These components are particularly important in multi-way
adjustable seats that now frequently integrate heating, ventilation, and
massage functions. Bearings in such systems are required to operate with
minimal noise, low friction, and high durability to withstand continuous
adjustments over the vehicle’s lifetime. Automakers are increasingly
emphasizing passenger comfort and convenience, leading to widespread adoption
of innovative seating mechanisms that rely heavily on precision bearing
technologies.
The US is projected to account for the largest share
of the North American market during the forecast period.”
Stringent safety, emission, and trade policies shape the US
automotive bearing market and drive its growth. Regulations from the EPA and
CAFE standards drive the adoption of advanced, lightweight bearing
technologies. At the same time, trade policies, import tariffs, and
anti-dumping duties influence the supply and pricing of imported bearings. The
market is supported by leading global and domestic companies, such as The
Timken Company, AB SKF, Schaeffler AG, JTEKT Corporation, NSK Ltd., and NTN
Corporation, which supply OEMs like Ford, General Motors, and Stellantis, and
the robust aftermarket. The Timken Company and AB SKF, in particular, have
significant manufacturing and distribution presences in the US. Strong sales of
SUVs and pickups, a recovery in hatchback and sedan production, drive the
demand for bearings. Consumer preference for larger vehicles, combined with
federal and state incentives for electric mobility, influences bearing design
requirements toward heavy-duty and precision types.
Key Players
The automotive bearing market is dominated by established
players such as NSK Ltd. (Japan), NTN Corporation (Germany), The Timken Company
(USA), JTEKT Corporation (Japan), and Nachi Fujikoshi (Japan). These players
manufacture and supply automotive bearings for electric vehicles and ADAS,
setting up R&D facilities and offering best-in-class products to their
customers.
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