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Automotive Bearing Market Trends and Forecast

The future of the global automotive bearing market looks promising with opportunities in the passenger car, commercial vehicle and two-wheeler markets. The global automotive bearing market is expected to grow with a CAGR of 6% to 8% from 2023 to 2028. The major drivers for this market are increasing focus of OEMs toward reduction of vehicle weight, rise in automobile production along with sales and increasing demand for technologically advanced solutions.
Automotive Bearing Market by Bearing, Vehicle, and Distribution Channel
 
A more than 150-page report is developed to help in your business decisions.  Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global automotive bearing market report, please download the report brochure.
Automotive Bearing Market by Segments
   
Automotive Bearing Market by Segment
The study includes a forecast for the global automotive bearing market by bearing type, vehicle type, distribution channel, and region, as follows:

Automotive Bearing Market by Bearing Type [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Ball Bearing
  • Roller Bearing
  • Plain Bearing
Automotive Bearing Market by Vehicle Type [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Passenger Car
  • Commercial Vehicle
  • Two-Wheeler
Automotive Bearing Market by Distribution Channel [Value ($B) Shipment Analysis from 2017 to 2028]:
  • OEM
  • Aftermarket
Automotive Bearing Market by Region Type [Value ($B) Shipment Analysis from 2017 to 2028]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
List of Automotive Bearing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive bearing companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive bearing companies profiled in this report include. 
Automotive Bearing Market Insights
  • Lucintel forecasts that ball bearing will remain the largest segment over the forecast period as ball bearing possess the ability to rotate at high speed and the ability to withstand light to medium load, and these are primarily used in electric vehicles.
  • Within this market, passenger car is expected to remain the largest segment due to increasing the production volumes of passenger vehicles and rising demand from developing countries.
  • APAC will remain the largest region due to growth in production of vehicles, increase in average vehicular age, and introduction of various new vehicle models.
Features of the Automotive Bearing Market
  • Market Size Estimates: Automotive bearings market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Automotive bearings market size by various segments, such as by bearing type, vehicle type, distribution channel, and region in terms of value ($B)
  • Regional Analysis: Automotive Bearing market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by bearing type, vehicle type, distribution channel, and regions for the automotive bearing market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the automotive bearing market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the automotive bearing market size?
Answer: The global automotive bearing market is expected to reach an estimated $xx billion by 2028.
Q2. What is the growth forecast for automotive bearing market?
Answer: The global automotive bearing market is expected to grow with a CAGR of 6% to 8% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the automotive bearing market?
Answer: The major drivers for this market are increasing focus of OEMs toward reduction of vehicle weight, rise in automobile production along with sales and increasing demand for technologically advanced solutions.
Q4. What are the major segments for automotive bearing market?
Answer: The future of the global automotive bearing market looks promising with opportunities in the passenger car, commercial vehicle and two-wheeler markets.
Q5. Who are the key automotive bearing companies?
Answer: Some of the key automotive bearing companies are as follows:
Q6. Which automotive bearing segment will be the largest in future?
Answer: Lucintel forecasts that ball bearing will remain the largest segment over the forecast period as ball bearing possess the ability to rotate at high speed and the ability to withstand light to medium load, and these are primarily used in electric vehicles.
Q7. In automotive bearing market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to growth in production of vehicles, increase in average vehicular age, and introduction of various new vehicle models.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the automotive bearing market by bearing type (ball bearing, roller bearing, and plain bearing), vehicle type (passenger car, commercial vehicle, and two-wheeler), distribution channel (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?

For any questions related to automotive bearing market or related automotive bearing companies, automotive bearing market size, automotive bearing market share, automotive bearing analysis, write Lucintel analyst at email: helpdesk@lucintel.com  we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary 
 
2. Global Automotive Bearing Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges 
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Automotive Bearing Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Automotive Bearing Market by Bearing Type 
3.3.1: Ball Bearing
3.3.2: Roller Bearing
3.3.3: Plain Bearing
3.4: Global Automotive Bearing Market by Vehicle Type 
3.4.1: Passenger Car
3.4.2: Commercial Vehicle
3.4.3: Two-Wheeler 
3.5: Global Automotive Bearing Market by Distribution channel  
3.5.1: OEM
3.5.2: Aftermarket
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Automotive Bearing Market by Region
4.2: North American Automotive Bearing Market
4.2.1: North American Automotive Bearing Market by Bearing Type: Ball Bearing, Roller Bearing, and Plain Bearing 
4.2.2: North American Automotive Bearing Market by Vehicle Type: Passenger Car, Commercial Vehicle, and Two-Wheeler 
4.3: European Automotive Bearing Market
4.3.1: European Automotive Bearing Market by Bearing Type: Ball Bearing, Roller Bearing, and Plain Bearing 
4.3.2: European Automotive Bearing Market by Vehicle Type: Passenger Car, Commercial Vehicle, and Two-Wheeler 
4.4: APAC Automotive Bearing Market 
4.4.1: APAC Automotive Bearing Market by Bearing Type: Ball Bearing, Roller Bearing, and Plain Bearing 
4.4.2: APAC Automotive Bearing Market by Vehicle Type: Passenger Car, Commercial Vehicle, and Two-Wheeler 
4.5: ROW Automotive Bearing Market 
4.5.1: ROW Automotive Bearing Market by Bearing Type: Ball Bearing, Roller Bearing, and Plain Bearing 
4.5.2: ROW Automotive Bearing Market by Vehicle Type: Passenger Car, Commercial Vehicle, and Two-Wheeler 
  
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis 
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Automotive Bearing Market by Bearing Type 
6.1.2: Growth Opportunities for the Global Automotive Bearing Market by Vehicle Type 
6.1.3: Growth Opportunities for the Global Automotive Bearing Market by Distribution Channel 
6.1.4: Growth Opportunities for the Global Automotive Bearing Market by Region
6.2: Emerging Trends in the Global Automotive Bearing Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Automotive Bearing Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Automotive Bearing Market 
 
7. Company Profiles of Leading Players
7.1: ILJIN co. 
7.2: JTEKT Corporation
7.3: Nippon Thompson
7.4: NSK 
7.5: NTN Corporation
7.6: RBC Bearings
7.7: Schaeffler AG
7.8: SKF
7.9: THK CO.
7.10: The Timken Company 
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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