Automotive Air Conditioner Bearings Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
As we transitioned into 2023 and beyond, the outlook for the automotive air conditioner bearings market took a new direction. The next decade (2023-2033) is expected to see a surge in demand due to several key factors. The automotive industry is moving towards more sustainable solutions, and air conditioning systems are integral to vehicle comfort and safety. Manufacturers are increasingly adopting advanced bearings made from lightweight materials like ceramic and composites to ensure durability while also minimizing energy consumption. Moreover, the growing production and adoption of hybrid and electric vehicles are anticipated to significantly influence the demand for automotive air conditioning bearings. With EVs requiring more advanced cooling systems for batteries, the need for high-performance bearings will escalate.
Get an In-Depth Research Analysis of the Global Automotive Air Conditioner Bearings Market Size And Forecast [2025-2032]
The automotive air conditioner bearings market has witnessed a significant shift between 2018 and 2022, with evolving consumer demand, technological advancements, and increasing focus on energy efficiency driving its growth. The period from 2018 to 2022 saw steady growth as automakers continued to innovate and improve their HVAC systems. During this time, bearings used in automotive air conditioning units were pushed to meet higher performance standards, which were crucial for better energy efficiency and reduced carbon emissions. The increased demand for electric vehicles (EVs) further contributed to the market expansion, as these vehicles require highly efficient cooling systems to manage battery heat effectively.
Â
SKF
NSK
JTEKT
NTN
Timken
Schaeffler
Nachi-Fujikoshi
PFI Bearings
GRW
C&U
Wanxiang Qianchao
Wafangdian Bearing
LYC Bearing Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Automotive Air Conditioner Bearings Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Air Conditioner Bearings Market
Passenger Cars
Commercial Vehicles
Based on Types the Market is categorized into Below types that held the largest Automotive Air Conditioner Bearings market share In 2023.
Ball Bearing
Roller Bearing
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Automotive Air Conditioner Bearings Market Research Analysis
1. Introduction of the Global Automotive Air Conditioner Bearings Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Air Conditioner Bearings Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Air Conditioner Bearings Market, By Type
6. Global Automotive Air Conditioner Bearings Market, By Application
7. Global Automotive Air Conditioner Bearings Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Air Conditioner Bearings Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/