Automotive Bearings Market driven by the Technological Advancements and EVs rising demand
The Global Automotive Bearings Market is estimated to reach USD 61915.20 million by 2032 with a Compound Annual Growth Rate (CAGR) of 6.5 % from 2026 to 2032. Primary driving factors include the Rise of EV production, Material & Design Technology Advancements.
The latest premium report by Profshare Market Research ' Automotive Bearings Market by Product Types ( Ball Bearings, Roller Bearings, Others) by Applications ( Passenger Vehicles, Commercial Vehicles, Two Wheelers) Industry Analysis, Volume, Market Shares, Challenges, Trends, Strategies & Forecast 2026-2032, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, South America, Africa)'
Automotive Bearings Market Segmentation:
By Bearing types, the Ball Bearings segment is projected to show the highest CAGR during the forecast period.
Ball Bearings, Roller Bearings, and Others are primary food types, and the Ball Bearings segment leads the market due to the high usage of Ball bearings in passenger cars. Passenger cars dominate the automotive market by volume, and hence, drive the demand for Automotive Bearings. Also, high-speed, low-friction ball bearings are ideal, which fuels the segment's growth. Roller bearings are more common in trucks, buses, and off-road vehicles, and as their volume is less compared to Passenger vehicles, the Roller Bearings segment revenue is relatively less than that of Ball Bearings.
Access the Sample Report:
https://www.profsharemarketresearch.com/automotive-bearings-market/
By Application, the Passenger Vehicles application accounts for the largest share in the Automotive Bearings Market.
The Passenger Vehicles application leads the market in terms of revenue generation and growth rate. Global production of passenger cars is growing faster compared to Heavy commercial vehicles, and hence the application of Automotive Bearings in Passenger cars generates the highest revenue. The demand for Automotive Bearings in Commercial Vehicles is likely to rise between 2026 and 2032 at a modest CAGR, mainly due to higher sales of electric commercial vehicles and Aftermarket sales. The Two-wheeler Automotive Bearings application is also on the rise, especially in the developing economies.
The Asia-Pacific region leads the Automotive Bearings Market and is projected to grow at the highest Compound Annual Growth Rate (CAGR) between 2026 and 2032
Regional outlook focuses on the market revenue and latest developments in the various regions like North America, Europe, Asia-Pacific, the Middle East, South America and Africa. According to the latest study by Profshare Market Research on the Automotive Bearings Market, the Asia-Pacific region holds the largest market share and continues to do so due to high vehicle production and a large consumer base for Passenger Vehicles, Commercial Vehicles, and two-wheelers. North America, Europe, the Middle East, South America and Africa regions are also estimated to show a strong growth rate during the forecast period.
Major Key Players in the Automotive Bearings Market:
NTN
NSK
SKF
Schaeffler
ILJIN
JTEKT
FKG
Automotive Bearings Market Report Key Takeaways
The Automotive Bearings Market is projected to reach USD 61915.20 million by the end of 2032, with an approximate CAGR of 6.5 % between 2026 and 2032.
By market dynamics, the Rise of EVs Production, Material & Design Technology Advancements and Government Initiatives are fuelling the demand for the Automotive Bearings Market.
Based on the Bearing types, the Ball Bearings segment is projected to grow at the highest CAGR during the forecast period, primarily due to the high usage of Ball bearings in passenger cars.
The application market study shows that the Passenger Vehicles application dominates the market, as production of Passenger cars is growing faster compared to Heavy commercial vehicles.
Based on the regional analysis, the Asia-Pacific region is estimated to hold the largest market share due to high vehicle production and a large consumer base.
By competitive Analysis, the traditional automotive bearings market is saturated, but next-gen EV bearings, smart/sensorized solutions, and two-wheeler markets hold greater potential in the upcoming years.
Industry Top Reports:
Automotive Drive Shafts Market: Automotive Drive Shafts Market Report by Product Type (Hotchkiss Drive Shaft, Flexible Drive Shaft, Torque Tube Drive Shaft ) by Application /End User (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles ), Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, South America, Africa) and Forecast 2032.
Electric Utility Vehicles Market: Electric Utility Vehicles Market by Product Type (Lead Acid Type and Lithium Ion Type) by Application (Farm, Large Venues and Hunting Trips), Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, South America, Africa) and Forecast 2032.
Electric Vehicles (EVs) Market: Electric Vehicles (EVs) Market by Vehicle Type( Hybrid Electric Vehicle (HEV), Battery Electric Vehicle (BEV) and Plugin Hybrid Electric Vehicle (PHEV)) by Application / End User( Passenger Cars, Buses, Commercial Vehicles), Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, South America, Africa) and Forecast 2032.
Electric Scooters Market: Power Type (Charging, Battery swapping, Hybrid, Fuel cell) by Battery Type (Li-Ion, Sealed Lead Acid) , Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, South America, Africa) and Forecast 2032.
About Proshare Market Research
Profshare Market Research is a leading Market Research & Consulting Organization that turns data into decisions and insights into impact. We are a global market intelligence firm committed to delivering actionable, accurate, and forward-looking market research that empowers businesses to stay ahead in an ever-changing marketplace.
From emerging startups to Fortune 500 companies, our clients trust us to decode complexity, spot opportunities, and reduce risk. With a robust network of data analysts and industry experts, we provide customized market research solutions that align with clients' unique goals.
Media Contact
Company Name: Profshare Market Research
Contact Person: Rajeswari Deep
Email: Send Email
Phone: + 1 628 8006808
Address: 1207 Delaware Ave. Suite 4458 DE 19806
City: Wilmington
State: Delaware
Country: United States
Website: https://www.profsharemarketresearch.com/
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CBC
26 minutes ago
- CBC
What are Canada's four major cities? We put the Internet's heated debate to experts
Urban planning experts say there's a lot more to consider than just economic power and population.
Globe and Mail
2 hours ago
- Globe and Mail
Aircraft Actuators Market to Reach USD 13.73 Billion by 2030, Growing at a CAGR of 6.21%
"Aircraft Actuators Market" Mordor Intelligence has published a new report on the Aircraft Actuators Market offering a comprehensive analysis of trends, growth drivers, and future projections. Introduction The Aircraft Actuators Market plays a vital role in modern aviation, as actuators are key components that convert energy into motion to control various aircraft functions. They are essential for operating flight-control surfaces such as flaps, ailerons, rudders, and elevators, as well as systems like landing gear, braking, and even cabin seating. With the global aerospace sector expanding, the demand for reliable and efficient actuators continues to rise across commercial, military, and business aviation segments. Key Market Trends Electrification of Aircraft Systems: Electrical and electromechanical actuators are steadily replacing traditional hydraulic and pneumatic systems. This shift is linked to the aviation industry's focus on lighter components, reduced maintenance, and improved energy efficiency. More-electric aircraft designs are driving this adoption, with OEMs integrating electric actuators in secondary systems such as landing gear, thrust reversers, and flight surfaces. Strong Demand from Commercial Aviation: Commercial airlines remain the largest consumers of actuators, with backlogs in single-aisle programs like the Boeing 737 MAX and Airbus A320neo ensuring steady demand. These actuators are essential for flight-control functions such as ailerons, elevators, rudders, and flaps. The market benefits from continuous fleet expansion, rising air passenger traffic, and the replacement of aging aircraft with more efficient models. Aftermarket Expansion with Retrofit Opportunities: Airlines are increasingly investing in actuator retrofits to extend the operational lifespan of fleets. A key focus is on integrating health-monitoring sensors within actuator systems to enable predictive maintenance. These upgrades help reduce unscheduled downtime, optimize performance, and lower lifecycle costs, making the aftermarket segment an important growth area. Dominance of Linear Actuators: Linear actuators currently account for the majority of the market share due to their widespread use across primary flight controls, landing gear, and braking systems. Their strength lies in handling high-load applications that are central to safe aircraft operation. While rotary and other types are expanding, linear actuators are expected to remain dominant in the near term due to their reliability and established role. Market Segmentation By Type Linear Actuators – Widely used in flight-control surfaces, landing gear, and braking systems because they can handle heavy loads and provide precise linear motion. Rotary Actuators – Suitable for applications requiring rotational movement, increasingly important in tilt-rotor aircraft, eVTOLs, and adaptive wing designs. By System Hydraulic Actuators – Traditional systems valued for their ability to generate high force, especially in primary flight controls and landing gear. Electrical/Electromechanical Actuators – Growing segment favored for lighter weight, energy efficiency, and compatibility with more-electric aircraft. Pneumatic Actuators – Typically used in systems where moderate power and quick response are required, such as cabin doors or auxiliary applications. Mechanical Actuators – Basic actuators that rely on gears, levers, and other mechanical linkages, often used in secondary or backup applications. By Application Flight Control Surfaces – Largest segment, covering ailerons, elevators, rudders, and flaps, where actuators ensure safe and precise control. Landing Gear and Braking – Critical for retraction, extension, and braking systems, requiring high force and reliability. Fuel and Thrust Management – Involves actuators for regulating fuel flow, thrust reversers, and engine control systems. Cabin and Seat Systems – Actuators used in powered seats, adjustable cabin elements, and overhead bins, enhancing passenger comfort. Environmental and Utility Systems – Include actuators for systems such as air-conditioning, ventilation, and auxiliary functions inside the aircraft. By End User Commercial Aircraft – Dominant market segment driven by rising passenger traffic, fleet expansion, and OEM backlogs. Military Aircraft – Growing demand due to modernization programs, rotorcraft upgrades, and next-generation fighter development. General Aviation – Includes business jets and light aircraft, where compact and efficient actuators support both performance and comfort. By Fit OEM (Original Equipment Manufacturer) – Actuators supplied for newly manufactured aircraft, forming the bulk of initial demand. Aftermarket – Covers replacement, repair, and retrofit opportunities, driven by fleet maintenance, health-monitoring upgrades, and service life extensions. By Geography North America – Largest market, supported by Boeing, Bombardier, and strong US defense spending on fighter jets, helicopters, and UAVs. Europe – Driven by Airbus production and Eurofighter programs, with a shift toward electrical actuators in more-electric aircraft designs. Asia-Pacific – Fastest-growing region, led by China's COMAC C919, India's Tejas and AMCA, and expanding airline fleets across Asia. South America – Growth mainly from Embraer's regional jets in Brazil and steady airline fleet renewals across the region. Middle East & Africa – Aviation hubs in UAE and Qatar boost demand, while military programs and rising African air travel add opportunities Major Players Honeywell International Inc. – A leading aerospace technology company offering a wide range of actuator systems for flight control, landing gear, and cabin operations, with strong expertise in integrating smart monitoring solutions. Parker-Hannifin Corporation – Specializes in motion and control technologies, including hydraulic and electromechanical actuators, widely used in commercial, military, and business aircraft worldwide. Moog Inc. – Known for precision motion control products, Moog supplies advanced actuators for flight-control surfaces and military platforms, with a reputation for high reliability in critical aerospace systems. Safran SA – A global aerospace and defense group providing electrical and hydraulic actuator systems, particularly strong in European markets through partnerships with Airbus and other OEMs. Collins Aerospace (RTX Corporation) – Offers a broad portfolio of actuation solutions, from primary flight-control actuators to cabin systems, with strong global presence supported by its parent, RTX Corporation. Conclusion The Aircraft Actuators Market is set for steady growth, supported by rising aircraft production, expanding retrofit opportunities, and the shift toward electrified systems. Linear actuators remain the dominant segment, but electrical and rotary solutions are gaining traction as airlines and manufacturers embrace more-electric designs and new aircraft concepts. While North America continues to lead in market share, Asia-Pacific stands out as the fastest-growing region, driven by indigenous programs and fleet expansion. Industry Related Reports Aircraft Seat Actuation Systems Market: The Global Aircraft Seat Actuation Systems Market is analyzed in terms of revenue share and segmented by mechanism (linear and rotary), aircraft type (fixed-wing aircraft and helicopters), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The report provides market size and value forecasts in USD million across all these segments. Military Actuators Market: The Military Actuators Market is segmented by type (linear and rotary), system (mechanical, hydraulic, electrical, pneumatic), application (land, air, sea), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The report includes five years of historical data along with five-year market forecasts. Aircraft Landing Gear Systems Market: The Aircraft Landing Gear Systems Market is segmented by aircraft type (commercial aviation, military aviation, and general aviation), gear position (nose landing gear and main landing gear), material (high-strength steel alloys, titanium alloys, composites, and others), end user (OEM and aftermarket/MRO), and geography (North America, Europe, Asia-Pacific, and others). Market forecasts are presented in terms of value (USD). About Mordor Intelligence: Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics. For any inquiries or to access the full report, please contact: media@
Globe and Mail
3 hours ago
- Globe and Mail
Time for a Sector Rotation Away from Tech? ETFs in Focus
U.S. stocks slipped on Aug. 19, 2025 following a sharp decline in tech shares. The tech-heavy Nasdaq-100-based exchange-traded fund Invesco QQQ Trust QQQ lost 1.4% on Aug. 19, 2025. The pressure came after weakness in stocks like Palantir PLTR and NVIDIA NVDA weighed on the broader market on Tuesday. PLTR shares slumped 9.4% and NVIDIA shares retreated about 3% on Aug. 19, 2025. Palantir shares surged more than 150% from their April low heading into its second-quarter earnings, when the company reported quarterly revenue above $1 billion for the first time. However, data from Barchart showed that Tuesday's decline marked the stock's longest losing streak since March, as quoted on Yahoo Finance. Shift Away From Big Tech? Investor enthusiasm for Big Tech appears to be fading, with other sectors beginning to show renewed strength. The broader market rally is starting to show signs of rotation beyond Big Tech, the Yahoo Finance article indicated. Home Depot HD added some optimism after reporting earnings that showed a boost in U.S. sales, pushing its stock price higher. The HD stock advanced 3.2% on Aug. 19, 2025. Is AI Market Forming a Bubble? OpenAI CEO Sam Altman has recently suggested that the artificial intelligence (AI) industry is currently experiencing a bubble fear, as quoted on CNBC. He indicated that while AI represents one of the most significant technological shifts in decades, the AI euphoria has led to overinflated expectations from investors. Altman sees similarity between the current environment to the dot-com boom of the late 1990s, which was hit hard when many Internet companies failed to materialize the euphoria into profits. The concerns intensified earlier this year when the 'Magnificent Seven' had fallen from grace due to the rise of cheaper-cost AI companies (e.g., DeepSeek) and individual Big Tech companies' ability to handle broader macro uncertainty. The AI development at Big Tech has raised questions among some investors about whether current spending levels in AI are sustainable. Despite ChatGPT-Fame OpenAI's huge success and its annual recurring revenue projection to top $20 billion this year, the company remains unprofitable. Nasdaq-100 ETF in Focus Most AI biggies have exposure to the Nasdaq-100-based ETF Invesco QQQ Trust, Series 1 (QQQ). The P/E ratio of QQQ stands at 59.27X. The 10-year range of the P/E ratio is 19.7X to 59.46X. The median P/E of the past 10 years is 25.8X. This shows the overvaluation concerns associated with QQQ. However, the price-to-book (P/B) ratio of QQQ is currently 3.6X, which is the lowest value considering the past 10-year range. The 10-year median P/B is 6.03X, per Hence, the sudden crash of AI euphoria (if there is any) may not hurt QQQ that hard. Still, investors should be mindful of relentless AI investing going forward. Their portfolio may need diversification at the current juncture. Rely on Safe Sector Consumer Staples This is a safe sector as it is non-cyclical in nature. The consumer staples sector tends to do well even amid economic growth slowdown and high inflation. Since consumers have to buy staples products even if they cut back on their discretionary spending, big manufacturers of food and beverages normally have the power to pass on the increase in costs to customers. This puts focus on iShares U.S. Consumer Staples ETF (IYK) (read: Invest Like Warren Buffett With These ETFs). Value ETFs At a One-Month High Value stocks normally offer investors stability due to lower valuations and steady dividends. They can outperform during periods of market rotation away from high-growth sectors. In a volatile market, dividend ETFs normally come to rescue. The hunt for dividends in the equity market is always on, irrespective of how it is behaving. Probably this is why, S&P 500 Pure Value Invesco ETF RPV and Morningstar Dividend Leaders ETF FDL have hit a one-month high lately. Boost Your Portfolio with Our Top ETF Insights Zacks' exclusive Fund Newsletter delivers actionable information, top news and analysis, as well as top-performing ETFs, straight to your inbox every week. Don't miss out on this valuable resource. It's free! Get it now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA): Free Stock Analysis Report The Home Depot, Inc. (HD): Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports First Trust Morningstar Dividend Leaders ETF (FDL): ETF Research Reports Invesco S&P 500 Pure Value ETF (RPV): ETF Research Reports Palantir Technologies Inc. (PLTR): Free Stock Analysis Report
