Global Automotive Needle Roller Bearing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Caged Needle Roller Bearings, Full Complement Needle Roller Bearings, Drawn Cup Needle Roller Bearings, and Others.

By Vehicle;

Passenger Vehicles, Commercial Vehicles- LCV, HCV, and Electric Vehicles.

By End-Use Industry;

Original Equipment Manufacturers (OEMs), Aftermarket Sales, Automotive Component Manufacturers, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn880186139 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Automotive Needle Roller Bearing Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive Needle Roller Bearing Market was valued at USD 1,139.55 million. The size of this market is expected to increase to USD 1,841.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.7%.

The global automotive needle roller bearing market is an integral part of the automotive industry, playing a crucial role in ensuring smooth and efficient operation of various automotive components. Needle roller bearings are precision-engineered mechanical components designed to facilitate rotational motion between two parts, typically in automotive applications with high radial loads and limited space. These bearings are widely used in automotive transmissions, engines, drive shafts, and other critical systems, where durability, reliability, and compactness are essential.

In recent years, the automotive industry has witnessed significant growth, driven by factors such as increasing vehicle production, technological advancements, and rising consumer demand for fuel-efficient and high-performance vehicles. This growth has directly influenced the demand for automotive needle roller bearings, as automakers and component manufacturers seek innovative solutions to enhance vehicle performance and efficiency while meeting stringent regulatory standards.

The shift towards electric and hybrid vehicles has further propelled the demand for needle roller bearings in the automotive sector. Electric vehicles (EVs) and hybrid electric vehicles (HEVs) require specialized bearing solutions to support their unique powertrain configurations and operational requirements. As a result, manufacturers are investing in research and development activities to develop needle roller bearings that can withstand the demanding operating conditions of electric and hybrid vehicles, thus expanding the market opportunities.

The growing focus on lightweighting and vehicle electrification is driving the adoption of advanced materials and technologies in automotive needle roller bearings. Manufacturers are increasingly incorporating materials such as advanced alloys, ceramics, and composites to improve bearing performance, reduce weight, and enhance energy efficiency. Additionally, advancements in bearing design, lubrication techniques, and manufacturing processes are enabling automotive needle roller bearings to offer higher load capacities, extended service life, and reduced maintenance requirements, further driving market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Vehicle
    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Region
  4. Global Automotive Needle Roller Bearing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Increasing vehicle production
        3. Growing automotive aftermarket demand
        4. Rising demand for fuel efficiency
        5. Expansion of automotive industry
      2. Restraints
        1. Fluctuating raw material prices
        2. Stringent government regulations
        3. Competition from alternative technologies
        4. Supply chain disruptions
        5. Economic slowdowns
      3. Opportunities
        1. Emerging electric vehicle market
        2. Adoption of lightweight materials
        3. Integration of advanced features
        4. Expansion in emerging markets
        5. Focus on sustainable solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Needle Roller Bearing Market, By Product Type, 2021 - 2031 (USD Million)
      1. Caged Needle Roller Bearings
      2. Full Complement Needle Roller Bearings
      3. Drawn Cup Needle Roller Bearings
      4. Others
    2. Global Automotive Needle Roller Bearing Market, By Vehicle, 2021 - 2031 (USD Million)
      1. Passenger Vehicles
      2. Commercial Vehicles-
        1. LCV
        2. HCV
      3. Electric Vehicles
    3. Global Automotive Needle Roller Bearing Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Original Equipment Manufacturers (OEMs)
      2. Aftermarket Sales
      3. Automotive Component Manufacturers
      4. Others
    4. Global Automotive Needle Roller Bearing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. SKF Group
      2. Schaeffler AG
      3. NSK Ltd.
      4. NTN Corporation
      5. JTEKT Corporation
      6. Timken Company
      7. RBC Bearings Incorporated
      8. MinebeaMitsumi Inc
      9. NRB Bearings Ltd
      10. CW Bearing
  7. Analyst Views
  8. Future Outlook of the Market