市场调查报告书
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1525469
全球汽车轴承市场评估:依产品类型、应用、车辆类型、地区、机会、预测(2017-2031)Automotive Bearing Market Assessment, By Product Type, By Application, By Vehicle Type, By Region, Opportunities and Forecast, 2017-2031F |
全球汽车轴承市场规模预计将从 2023 年的 406.7 亿美元增加到 2031 年的 697.7 亿美元,2024-2031 年预测期间复合年增长率为 6.98%。近年来,由于汽车销量的增加、客製化的快速发展、对增强型汽车的需求不断增加以及技术的重大进步,该市场不断增长,预计在预测期内将保持扩张。汽车轴承的需求量很大,因为它们有效地帮助支撑车辆负载,同时减少摩擦并允许旋转和线性运动。此外,轴承设计和材料方面的技术进步提高了性能、耐用性、可靠性,并减少了维护需求。世界各国政府正在实施各种标准和监管改革,以遏制二氧化碳排放并推出节能车辆,这将在预测期内推动全球汽车轴承市场的需求。
全球市场上的公司正在大力提高汽车轴承的有效性和性能,透过减少车辆传动系统的摩擦损失,有助于降低能源消耗和排放。此外,市场进入者正在建立新的製造设施,以满足汽车製造商对汽车轴承日益增长的需求。例如,2023 年 10 月,AB SKF (publ.) 宣布在墨西哥蒙特雷开设一家新工厂,绿地投资总额达 6,540 万美元。在该工厂,SKF将为北美汽车製造商开发和製造球轴承,并为工业客户(包括商用车和农业市场的客户)开发和製造圆锥滚子轴承。
技术进步推动全球汽车轴承市场需求
技术进步在汽车产业中发挥关键作用,不断创新以及先进轴承涂层、材料和设计的开发。这些技术进步正在提高汽车轴承的耐用性、性能和有效性。先进技术的集成,包括有助于通讯和监控运行条件的智慧轴承,将在预测期内进一步推动全球汽车轴承市场的需求。为了满足汽车製造商不断变化的要求,全球市场参与者正在显着改进汽车轴承的功能,有助于提高车辆的整体性能并降低噪音水平,从而降低维护成本。
例如,2023年9月,CK Birla Group宣布开发低噪音轴承,满足电动车产业的特殊需求。这些先进的低噪音汽车轴承提供耐用的性能和更高的解析度。
电动车产量推动全球汽车轴承市场成长
电动车产量的增加正在推动对汽车轴承的需求,因为它们可以有效地用于电动机,特别是在主轴可能热膨胀的应用中。电动车轴承具有高性能,因为它们的设计可根据所需条件执行,具有各种优势,有助于提高车辆的有效性和耐用性,并且是世界领先的汽车轴承,加速了轴承市场的需求。此外,电动车销量和购买量的增加推动了全球汽车轴承市场的成长,因为轴承因其能够处理高负载和高速旋转而被用于电动马达。全球市场的製造商正在设计电动车中使用的轴承。这些产品采用圆锥滚子轴承、低摩擦轮毂、超快滚珠轴承等构造,可减少能源、延长电池寿命、提高效率,并帮助您一次充电走得更远。
例如,NSK Ltd. 于 2023 年 3 月宣布,将扩大混合动力和电动车电桥轴承的防电偶腐蚀技术的选择范围,从而提高电动车的可靠性和续航里程。
本报告研究和分析了全球汽车轴承市场,提供市场规模和预测、市场动态以及主要参与者的现状和前景。
Global automotive bearing market is projected to witness a CAGR of 6.98% during the forecast period 2024-2031, growing from USD 40.67 billion in 2023 to USD 69.77 billion in 2031. The market has grown in present years and is expected to maintain expansion in the forecast years due to growing sales of vehicles, rapid trend of customization, increasing demand for enhanced vehicles, and significant technological advancements. The demand for automotive bearings is rising as bearings are efficiently helpful for reducing friction and enabling rotational or linear motion while supporting loads in an automotive. In addition, technological advancements in bearing designs and materials have resulted in enhanced performance, durability, reliability, and decreased maintenance demands. Governments across the globe are implementing different standards and regulatory reforms for controlling carbon emissions and introducing fuel-efficient vehicles, driving the global automotive bearing market demand in the forecast period.
Companies in the global market are significantly operating on enhancing the effectiveness and performance of automotive bearings that help reduce energy consumption and emissions by reducing frictional losses in automotive drivetrains. Also, key participants in the market are establishing new manufacturing facilities to address the rising demand from car manufacturers for automotive bearings. For instance, in October 2023, AB SKF (publ.) announced the inauguration of its new facility in Monterrey, Mexico, a greenfield factor investment totaling USD 65.4 million. In the facility, SKF will develop and manufacture deep groove ball bearings for North American automakers coupled with tapered roller bearings for industrial customers, including commercial vehicles and agri-market applications.
Technological Advancements to Drive the Global Automotive Bearing Market Demand
In the automotive industry, technological advancements are playing an important role, witnessing a constant innovation, coupled with the development of advanced bearing coatings, materials, and designs. These technological advancements resulting in improved durability, performance, and effectiveness of automotive bearings. The integration of advanced technologies, including smart bearings that helps in communication and monitoring their operating conditions, further drive the global automotive bearing market demand in the forecast period. Market participants in the global market are significantly advancing the functioning of automotive bearings to address the evolving requirements of automakers and contributing to decreased maintenance costs coupled with advancing the overall vehicle performance and producing less noise.
For instance, in September 2023, CK Birla Group announced the development of a range of low-noise bearings that offer the special requirements of the EV industry. These advanced and low-noise automotive bearings offer durable performance at higher resolutions.
Production of Electric Vehicles Pushes Global Automotive Bearings Market Growth
An increase in the production of electric vehicles drives the demand for automotive bearings as they are efficiently utilized in electric motors, especially for applications where thermal expansion of the main shaft is possible. Bearings in electric vehicles offer high performance as they are engineered to function according to the required conditions and provide different benefits that can help enhance the vehicle's effectiveness, and durability, accelerating the global automotive bearings market demand. Also, the global automotive bearing market growth is driven by the growing sale and purchase of EVs as bearings are used in electric motors owing to their ability to handle high loads and high speeds. Manufacturers in the global market designed bearings for usage in EVs, comprising tapered roller bearings, low-friction hubs, and ultra-high-speed ball bearings to reduce energy, improve battery life, increase effectiveness, and travel further on a single charge.
For instance, in March 2023, NSK Ltd. announced an expansion of a range of options in anti-electrical-erosion technologies for bearing utilized in eAxles in hybrid and electric vehicles to enhance reliability and longer range of electric vehicles.
Government Carbon Emission Control Regulations and Standards Drive the Global Market Growth
Governments in emerging countries are framing policies to control carbon emissions and encourage the sale and purchase of electric vehicles, driving the global automotive bearing market growth in the coming period. Governments in different countries have implemented policies, offering subsidies, and incentives to promote car manufacturing and sales, propelling the global automotive bearings market demand. In addition, automakers are compelled to produce advanced bearings as legal authorities' regulations concerning zero carbon emissions become stricter. Furthermore, governments in different countries have significantly announced investments for market players to expand their presence globally, and for economic development.
For instance, in May 2024, the United States Government announced a grant of USD 100 million for small, medium-sized automotive components suppliers for EV transition coupled with retooling their production facilities.
Ball Bearing Dominates the Global Automotive Bearing Market Share
Ball bearing dominates the largest market share of the global market as it serves three main functions including carrying loads, reducing friction, and positioning moving machine parts. The demand for ball bearings in market is rising significantly to ensure smooth and efficient operation of vehicles. Ball bearings manufacturers are efficiently investing in different research and development activities to expand their product footprint and portfolio coupled with addressing the rising demand. Furthermore, automakers use ball bearings to improve vehicle performance and boost effectiveness by decreasing brake demand when the vehicle is on road. Key participants in the market have announced a collaboration to expand their product portfolio and address the rising demand from a wide range of industries.
For instance, in June 2023, Sinoma Advanced Nitride Ceramics Co., Ltd. announced a joint venture contract with SKF AB to deepen their corporation within hybrid ceramic ball bearings. The strategic collaboration offers high-quality ceramic ball bearing products and solutions to a wide range of industries.
Asia-Pacific Registers the Largest Global Automotive Bearing Market Size
Asia-Pacific registers the largest market size in the global automotive bearing market due to the great presence of market players, rapid trend of customization, significant economic development, and increase in per-capita income of middle-class individuals. In emerging countries, the production of electric and hybrid vehicles is rising significantly, propelling Asia-Pacific automotive bearing market growth. In addition, governments in different countries are implementing different policies concerning carbon emissions and the adoption of sustainable automotive components. Furthermore, companies in the Asia-Pacific market are compelled to produce sustainable products and launch new EVs, fostering the demand for automotive bearings in Asia-Pacific. Also, companies are planning to become investors to diversify their product range and expand their operations in emerging countries.
For instance, in January 2023, Fersa Bearings, S.A. announced an acquisition of a majority stake in Delux Bearings Pvt. Ltd. in India to manufacture bearing and electromechanical actuators for all types of vehicles while diversifying its product variety to accomplish an estimated turnover of over USD 224 million by 2023.
Future Market Scenario (2024 - 2031F)
European government regulations and standards including Environment Protection Agency regulations and Corporate Average Fuel Economy standards aims at lightweight vehicles and compel automakers to integrate safety components and features in vehicles, driving the demand for the automotive bearing market.
Technological advancement and rising demand for lightweight vehicles, propelling the global automotive bearing market demand in the forecast period.
Advancement in vehicle types and development of different types of bearings including transmission system bearings, engine bearings, and others propelling the global automotive bearing market growth.
The significant emergence of bearing units and the establishment of manufacturing facilities are projected to offer lucrative growth opportunities for market players.
Key Players Landscape and Outlook
Key participants in the automotive bearing market are significantly planning to fund different research and development activities to advance the performance of automotive bearings. Companies are establishing new manufacturing facilities to produce automotive bearings to offer safer rides. In addition, companies are accepting different market growth strategies including joint ventures, new product development, mergers and acquisitions, partnership, collaboration, and others to expand their product portfolio, and footprint, coupled with addressing the rising demand for automotive bearing from manufacturers and consumers.
In April 2024, JTEKT CORPORATION announced a collaboration with Team Visma Lease a Bike to fulfill their capability with ONI BEARING with an outstanding performance and reputation across Japan.
In February 2022, Schaeffler AG announced the launch of two new bearings for EVs to fit its efficient and high-precision bearing solutions in electrified powertrains and chassis systems.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.