Automotive Bearing Market - India
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 503.3 Million
Market Size in 2033: USD 725.5 Million
Market Growth Rate (CAGR) 2025-2033: 4.15%
According to IMARC Group's report titled "India Automotive Bearing Market Report and Forecast 2025-2033," the market reached USD 503.3 million in 2024. Looking forward, IMARC Group expects the market to reach USD 725.5 million by 2033, exhibiting a growth rate (CAGR) of 4.15% during 2025-2033.
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India Automotive Bearing Market Trends and Drivers:
The Indian automotive bearing market is continuously expanding with the rising demand for automobile manufacturing, vehicle production, vehicle sales growth, and long-lasting car parts.
Bearings are a fundamental component that lowers friction, enhances vehicle performance, and provides smooth rotation in the majority of car systems including engines, gearboxes, wheels, and transmissions.
The increasing demand for automotive bearings is driven by growth in two-wheeler and four-wheeler segments, particularly in city and semi-city markets, from both OEMs and aftermarkets.
Rising disposable incomes and the aspirations of the middle class have boosted automobile ownership, which in turn supports the demand for replacement parts like bearings.
The shift towards EVs is creating new opportunities for advanced bearing solutions that can withstand higher torque and reduce energy loss.
Government initiatives such as Electric Mobility directives, Make in India, and PLI schemes are encouraging local production and development of automotive parts including bearings.
Advancements in materials such as ceramic, polymer, and high-strength steel bearings are improving durability, fuel efficiency, and lowering maintenance needs, attracting OEMs and consumers.
The growing demand for lightweight vehicles to enhance fuel efficiency is increasing the adoption of high-performance, compact bearings.
The e-commerce boom is boosting demand from transport, fleet services, and the logistics sector, further driving consumption of bearings.
Rising consumer awareness about car maintenance and the growth of organized automobile service facilities are strengthening the replacement market for bearings.
Retail and aftermarket channel digitalization is improving accessibility and supply of bearings, especially in Tier 2 and Tier 3 cities.
Strategic collaborations, innovation, local production, and cost-effective solutions between Indian automakers and global bearing manufacturers are shaping the competitive landscape.
Overall, the expansion of the motor vehicle segment, infrastructure growth, technological advancements, and supportive government policies are making the Indian automotive bearing market robust with significant opportunities for future growth.
India Automotive Bearing Industry Segmentation:
We explore the factors propelling the India automotive bearing market growth, including technological advancements, consumer behaviour and regulatory changes.
Vehicle Type Insights:
Passenger Cars
Light Commercial Vehicles
Medium and Heavy Commercial Vehicles
Two-Wheelers
Application Type Insights:
Engine
Transmission
Wheel
Steering
Others
Bearing Type Insights:
Ball Bearing
Roller Bearing
Plain Bearing
Demand Category Insights:
OEM
Aftermarket
Region Insights:
North India
South India
East India
West India
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Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
Market Performance (2019-2024)
Market Outlook (2025-2033)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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