The Market Reports

Synopsis

The global market for Automotive Bearing Aftermarket was estimated to be worth US$ 5317 million in 2024 and is forecast to a readjusted size of US$ 8254 million by 2031 with a CAGR of 7.0% during the forecast period 2025-2031.

Automotive bearings are rolling or sliding elements installed in automotive transmission, steering, braking, chassis, engine and other systems. Their main functions are to support loads, reduce friction, ensure rotation accuracy, and extend the service life of mechanical parts. Automotive bearing aftermarket refers to the market that provides bearing replacement, repair or upgrade services for sold cars. It is independent of the original supply chain of automobile manufacturers (OEMs) and is mainly aimed at maintenance needs during vehicle use.

With the acceleration of urbanization and the increase in new car sales, the growth of the number of cars in the world will drive the continued expansion of the market demand for bearing replacement. Non-4S store channels, chain repair shops and maintenance stores are widely laid out, making bearing replacement services more popular and driving overall market growth. Urban congestion, frequent braking, bad weather and other factors lead to accelerated wear of wheel hub bearings and engine bearings, increasing the frequency of maintenance. Car owners pay more attention to the safety and stability of vehicle operation and tend to regularly inspect and replace key moving parts such as bearings and brake systems. The bearing replacement market is challenged by the influx of low-quality or counterfeit products that, despite their low prices, are prone to failure, threatening vehicle safety, damaging the reputation of legitimate manufacturers, and increasing the frequency of after-sales replacements and user distrust. At the same time, fluctuations in the prices of high-quality steel and alloy materials-key inputs for bearing production-directly raise manufacturing costs, squeezing the profit margins of suppliers and after-sales service providers, particularly small and medium-sized enterprises. Moreover, the widespread adoption of smart bearings in new car models, featuring integrated sensors and ABS modules, has made installation and inspection more complex, requiring specialized tools and skilled technicians, and placing higher demands on the capabilities of after-sales service networks.

This report aims to provide a comprehensive presentation of the global market for Automotive Bearing Aftermarket, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Automotive Bearing Aftermarket by region & country, by Type, and by Application.

The Automotive Bearing Aftermarket market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Aftermarket.

Market Segmentation
By Company

• SKF
• Schaeffler
• NSK
• NTN
• Timken
• JTEKT
• Wanxiang Qianchao
• C&U
• Iljin
• Fersa

Segment by Type

• Ball Bearings
• Roller Bearings
• Others

Segment by Application

• Passenger Cars
• Commercial Vehicles

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.