Global Automotive Bearing Market by Bearing Types, Vehicle Types, Sales Channels , Materials, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The global automotive bearing market is estimated to expand at a considerable CAGR during the forecast period, from 2020 to 2026. The growth of the market is attributed to the rapid urbanization across the globe.

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Broadly speaking, a bearing is a tool which is used to facilitate linear or rotational flow while at the same time managing stress. Similar to wheels, bearings simply allow machines to roll, which decreases friction between both the exterior of the bearing as well as the ground over which it rolls.

Market Trends, Drivers, Restraints, and Opportunities:

Increased aim to reduce the weight of automobiles is estimated to boost the growth of the market.
Growth in the focus on increasing efficiency of vehicles is predicted to facilitate the market growth.
Favorable features such as high stiffness and durability in vehicles is anticipated to push the growth of the market.
Improved forging methods and low tolerance in the manufacturing of automotive bearings is expected to stimulate the market growth.
Rapidly escalating emphasis on reducing vehicle emissions is predicted to drive the growth of the market.
Expansion of the automotive industry is estimated to propel the growth of the market.
Increased automobile electrification and long term plans by the different governments to go fully electric is predicted to hamper the market growth.
The prohibition on traditional fuel-based automobiles around the globe is anticipated to hinder the growth of the market.
Private labelling is expected to be a trend in the forecast period.

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Competitive Landscape:

Major companies in the global automotive bearing market include NACHI-FUJIKOSHI CORP., JTEKT Corporation, Cixing Group Co. Ltd., MINEBEA MITSUMI Inc, Iljin Bearing Co. Ltd., Ortadoğu Rulman Sanayi ve Tic. A.Ş. (ORS), NSK Ltd., RKB Bearing Industries, NTN Corporation, SNL Bearings Ltd., Schaeffler AG, C&U Group Ltd., The Timken Company, RBC Bearings Inc., and AB SKF. The key companies are engaged in a multitude of activities such as product launches, acquisitions, research & development, agreements, collaborations, and alliances to gain market share.

The global automotive bearing market has been segmented on the basis of

Bearing Types

Roller Bearings
Ball Bearings
Plain Bearings

Vehicle Types

Two-wheelers
Passenger Cars
Commercial Vehicles
Electric Vehicles

Sales Channels

Original Equipment Manufacturers (OEM)
Original Equipment Suppliers (OES)
Independent Aftermarkets (IAM)

Materials

Metal Polymers
Solid Polymers
Fiber-reinforced Composites

Applications

Transmissions
Axles
Wheel Ends
Engines
Others

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

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Table of Contents

Executive Summary
Assumptions and Acronyms Used
Research Methodology
Automotive Bearing Market Overview
Global Automotive Bearing Market Analysis and Forecast by Type
Global Automotive Bearing Market Analysis and Forecast by Application
Global Automotive Bearing Market Analysis and Forecast by Sales Channel
Global Automotive Bearing Market Analysis and Forecast by Region
North Automotive Bearing Market Analysis and Forecast
Latin Automotive Bearing Market Analysis and Forecast
Europe Automotive Bearing Market Analysis and Forecast
Asia Pacific Automotive Bearing Market Analysis and Forecast
Middle East & Africa Automotive Bearing Market Analysis and Forecast
Competition Landscape

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