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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