Europe Automotive Bearing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Europe Automotive Bearing Market is segmented By Vehicle Type (Passenger Cars and Commercial Vehicles), By Product Type (Plain Bearings, Rolling Element Bearings, Ball Bearing), and by Country (Germany, UK, France, Italy, Spain, and Rest of Europe). The report covers the market size and forecasts in value (USD Billion) for all the above segments.

Europe Automotive Bearing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Europe Automotive Bearing Market Size

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Europe Automotive Bearing Market Trends
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 3.50 %
Market Concentration Medium

Major Players

Europe Automotive Bearing Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Europe Automotive Bearing Market with other markets in Automotive Industry

Automotive Materials & Coatings

Automotive Technology

Vehicles

Automotive Services

Auto Parts

Automotive Equipment

Europe Automotive Bearing Market Analysis

The Europe Automotive Bearing Market is expected to register a CAGR of 3.5% during the forecast period.

COVID-19 had a negative impact on the automotive bearing market. Europe witnessed the major impact of pandemics on the supply chain and manufacturing sector. In addition, due to lockdowns and halted production, the demand for automotive bearings plummeted. However, with life returning to normalcy, the supply chain across the country gaining pace that will likely help the automotive bearing market grow during the forecast period.

Over the long term, the rise in vehicle sales across the region is likely to witness major growth for the market. As the automotive bearing is an integral component of any vehicle due to its basic functionality of allowing the wheels to spin correctly. As a result, automotive bearings have always remained in demand, and with more extensive ownership of personal cars and growing technological advancements, the need for these bearings will only increase.

To improve vehicle performance several manufacturers are introducing light weight bearings which are made of metals like ceramics. Light weight bearings help to increase the fuel efficiency of the vehicle which is likely to witness major growth for the market. Germany is the leader as a producer and an exporter of bearing part; as a result, it is a dominant market in bearing production in Europe. Many high-end bearing components are manufactured across Europe with manufacturing plants in countries France, Italy, Romania, Slovakia and Poland showing a positive growth.

Europe Automotive Bearing Industry Overview

The Europe Automotive bearings market is dominated by major existing players such as NSK Ltd, JTEKT Corporation, NTN Bearing Corporation, SKF, NTN Bearings, Schaeffler AG, and Many others. Companies are making joint-ventures, and partnerships, and launching new products with advanced technology. For instance,

  • In October 2021, JTEKT Corporation merged with three subsidiaries that manufacture and sell bearings. Through this merger, the company aims to streamline the group structure, collect the technologies owned by the three companies, and expand the business domain to the processing of automobile parts. Utsunomiya Kiki Co., Ltd., Nippon Needle Roller Manufacturing Co., Ltd., and Tokyo Seiko (Hamura City, Tokyo) will be merged, and the company name will be changed to JTEKT FINETECH Co., Ltd.
  • In September 2021, NSK Newark and NSK Peterlee plants in the United Kingdom switched to using entirely green energy, making it possible to significantly reduce and offset carbon emissions at all major plants in Europe. 
  • In March 2021, SKF invested an amount of SEK 400 million for the expansion and modernizing its manufacturing facility in Airasca, Italy. Such investment will bring the manufacturing of super-precision bearings for industrial applications. 

Europe Automotive Bearing Market Leaders

  1. NSK Ltd.

  2. NTN-SNR ROULEMENTS

  3. SKF

  4. JTEKT Corporation

  5. Schaeffler AG

  6. *Disclaimer: Major Players sorted in no particular order
Europe Automotive Bearing Market- CL.png
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Europe Automotive Bearing Market News

  • In February 2022, Schaeffler AG introduced the TriFinity product which is a triple-row wheel bearing designed for use in electrified powertrains. Such a product is able to transfer greater axle loads, while also offering a significantly longer service life and improved rigidity. 
  • In April 2021, NSK Ltd. has developed a third-generation ultra high-speed ball bearing for electric vehicle motors. This high-speed ball bearing helps to achieve a longer vehicle range and higher fuel economy.

Europe Automotive Bearing Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porters Five Force Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value- USD Billion)

  • 5.1 Vehicle Type
    • 5.1.1 Passenger Cars
    • 5.1.2 Commercial Vehicles
  • 5.2 Product Type
    • 5.2.1 Plain Bearings
    • 5.2.2 Rolling Element Bearings
    • 5.2.3 Ball Bearings
  • 5.3 Country
    • 5.3.1 Germany
    • 5.3.2 United Kingdom
    • 5.3.3 France
    • 5.3.4 Italy
    • 5.3.5 Spain
    • 5.3.6 Rest of Europe

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles*
    • 6.2.1 NSK Ltd
    • 6.2.2 Myonic GmbH
    • 6.2.3 JTEKT Corporation
    • 6.2.4 NTN Bearing Corporation
    • 6.2.5 SKF
    • 6.2.6 Schaeffler AG
    • 6.2.7 Timken Co
    • 6.2.8 Tenneco Inc.
    • 6.2.9 MinebeaMitsumi Inc.
    • 6.2.10 Rheinmetall AG
    • 6.2.11 C&U GROUP LTD

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Europe Automotive Bearing Industry Segmentation

Bearings are mechanical devices that help to reduce friction between rotating equipment. The Europe Automotive Bearing market report covers the latest technology trends on the automotive bearings in vehicles, and the market share of major automotive bearing manufacturers across Europe. 

The Europe automotive bearing market is segmented into vehicle type, product type, and country. Based on the Vehicle type, the market is segmented into Passenger cars and Commercial Vehicle. Based on the product type, the market is segmented into Plain Bearings, Rolling Element Bearings, and Ball bearings. Based on the country, the market is segmented into Germany, the United Kingdom, France, Italy, Spain, and the Rest of Europe. For each segment, market sizing and forecast have been done on the basis of value (USD Billion). 

Vehicle Type Passenger Cars
Commercial Vehicles
Product Type Plain Bearings
Rolling Element Bearings
Ball Bearings
Country Germany
United Kingdom
France
Italy
Spain
Rest of Europe
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Europe Automotive Bearing Market Research FAQs

What is the current Europe Automotive Bearing Market size?

The Europe Automotive Bearing Market is projected to register a CAGR of 3.5% during the forecast period (2025-2030)

Who are the key players in Europe Automotive Bearing Market?

NSK Ltd., NTN-SNR ROULEMENTS, SKF, JTEKT Corporation and Schaeffler AG are the major companies operating in the Europe Automotive Bearing Market.

What years does this Europe Automotive Bearing Market cover?

The report covers the Europe Automotive Bearing Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Automotive Bearing Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Europe Automotive Bearing Industry Report

Statistics for the 2025 Europe Automotive Bearing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Automotive Bearing analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.