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Report overview
The global Automotive Bearing market was valued at US$ 5726.6 million in 2022 and is projected to reach US$ 7263.6 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
There is a lot of demand for bearings in automobiles, and the total use of bearings is the key of automobile transmission, engine and axle.From the number of supporting bearings, to deep groove ball bearings, tapered roller bearings and needle bearings, from the size of the size, to medium and large bearings.
This report aims to provide a comprehensive presentation of the global market for Automotive Bearing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Bearing. This report contains market size and forecasts of Automotive Bearing in global, including the following market information:
In China, Automotive Bearings key players include Wanxiang, NTN, NSK, etc. Global top three manufacturers hold a share over 10%.
East China is the largest market, with a share over 35%, followed by Northeast, and South Central China, both have a share over 35 percent.
In terms of product, Tapered Roller Bearing is the largest segment, with a share over 38%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
We surveyed the Automotive Bearing manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Bearing Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Bearing Market Segment Percentages, by Type, 2022 (%)
Global Automotive Bearing Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Bearing Market Segment Percentages, by Application, 2022 (%)
Global Automotive Bearing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Bearing Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Bearing revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Bearing revenues share in global market, 2022 (%)
Key companies Automotive Bearing sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automotive Bearing sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: