Product Code: PM4194
The global engine bearings market size is expected to reach USD 4.18 billion by 2032, according to a new study by Polaris Market Research. The report "Engine Bearings Market Share, Size, Trends, Industry Analysis Report, By Type (Main Bearing, Connected Rod Bearing, and Others); By Vehicle Type; By Distribution Channel; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rapid increases in the production of automobiles, including commercial vehicles and passenger cars, all over the world and the rising focus of various government authorities and agencies towards supporting automobile sales while promoting lightweight vehicles that include a greater number of bearings are among the prominent factors influencing the global market growth. For instance, according to a report published by Trading Economics, car production in India has increased to 156250 units in October 2023 from 151215 units in September 2023.
In addition, the rising proliferation of technological advancements in product manufacturing technologies that lead to the creation of more efficient and durable engine bearings with enhanced capabilities coupled with the focus of product manufacturers towards meeting stringent fuel efficiency as well as emission standards are also likely to have a positive impact on the market growth in the near future.
There has been a drastic increase in the adoption of advanced and innovative technologies like condition monitoring technologies, including vibration analysis, in order to efficiently determine the health of bearings without interfering with their operations, which results in better work efficiency and longer lifespan of bearings. Besides this, the advent of the industrial Internet of Things into the engine bearings, along with the constantly declining costs of sensors, has also been accelerating the demand and use of such technologies with features like real-time data, automated analysis, and instantaneous alerts.
With the continuous growth in emphasis on emission reduction as well as fuel efficiency, various leading product manufacturers across the globe are increasingly focusing on the development of new and more innovative bearing solutions that contribute to fuel efficiency, minimize frictional losses, and improve overall engine performance, which in turn, likely to bode well for market growth over the years.
Engine Bearings Market Report Highlights
The main bearing segment accounted for a noteworthy market share, mainly due to its numerous advantageous characteristics, including frictional resistant and anti-corrosiveness
The passenger cars segment is expected to hold a substantial share, which is largely attributable to a rapid increase in the production and sales of passenger vehicles globally
The OEM segment will grow at the highest growth rate on account of the emergence of several favorable automotive production trends and investments in R&D activities
Asia Pacific dominated the global market with a considerable share, owing to the region's increasing automobile sales and the presence of favorable government regulations
The key market players include Hartford Technologies, Menon Bearings, Rexnord Corporation, The Timken Company, Harbin Bearing Manufacturing, and RBC Bearings
Polaris Market Research has segmented the engine bearings market report based on type, vehicle type, distribution channel, and region:
Engine Bearings, Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Main Bearing
- Connected Rod Bearing
- Others
Engine Bearings, Vehicle Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Engine Bearings, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)
Engine Bearings, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Engine Bearings Market Insights
- 4.1. Engine Bearings Market - Distribution Channel Snapshot
- 4.2. Engine Bearings Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Expansion of automotive production and several favorable trends are driving global market growth
- 4.2.1.2. Growing adoption of advanced materials and coatings in engine bearings
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Impact of supply chain disruptions on production and distribution
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Engine Bearings Market Distribution Channel Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Engine Bearings Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 5.3. Main Bearing
- 5.3.1. Global Engine Bearings Market, by Main Bearing, by Region, 2019-2032 (USD Billion)
- 5.4. Connected Rod Bearing
- 5.4.1. Global Engine Bearings Market, by Connected Rod Bearing, by Region, 2019-2032 (USD Billion)
- 5.5. Others
- 5.5.1. Global Engine Bearings Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Engine Bearings Market, by Vehicle Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 6.3. Passenger Cars
- 6.3.1. Global Engine Bearings Market, by Passenger Cars, by Region, 2019-2032 (USD Billion)
- 6.4. Light Commercial Vehicles
- 6.4.1. Global Engine Bearings Market, by Light Commercial Vehicles, by Region, 2019-2032 (USD Billion)
- 6.5. Heavy Commercial Vehicles
- 6.5.1. Global Engine Bearings Market, by Heavy Commercial Vehicles, by Region, 2019-2032 (USD Billion)
7. Global Engine Bearings Market, by Distribution Channel
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.3. Heavy Commercial Vehicles
- 7.3.1. Global Engine Bearings Market, by Heavy Commercial Vehicles, By Region, 2019-2032 (USD Billion)
- 7.4. Aftermarket
- 7.4.1. Global Engine Bearings Market, by Aftermarket, By Region, 2019-2032 (USD Billion)
8. Global Engine Bearings Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Engine Bearings Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Engine Bearings Market - North America
- 8.3.1. North America: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.3. North America: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.3.4. Engine Bearings Market - U.S.
- 8.3.4.1. U.S.: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.3.5. Engine Bearings Market - Canada
- 8.3.5.1. Canada: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4. Engine Bearings Market - Europe
- 8.4.1. Europe: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.3. Europe: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.4. Engine Bearings Market - UK
- 8.4.4.1. UK: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.5. Engine Bearings Market - France
- 8.4.5.1. France: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.5.3. France: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.6. Engine Bearings Market - Germany
- 8.4.6.1. Germany: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.7. Engine Bearings Market - Italy
- 8.4.7.1. Italy: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.8. Engine Bearings Market - Spain
- 8.4.8.1. Spain: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.9. Engine Bearings Market - Netherlands
- 8.4.9.1. Netherlands: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.4.10. Engine Bearings Market - Russia
- 8.4.10.1. Russia: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5. Engine Bearings Market - Asia Pacific
- 8.5.1. Asia Pacific: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5.4. Engine Bearings Market - China
- 8.5.4.1. China: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.4.3. China: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5.5. Engine Bearings Market - India
- 8.5.5.1. India: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.5.3. India: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5.6. Engine Bearings Market - Malaysia
- 8.5.6.1. Malaysia: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5.7. Engine Bearings Market - Japan
- 8.5.7.1. Japan: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5.8. Engine Bearings Market - Indonesia
- 8.5.8.1. Indonesia: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.5.9. Engine Bearings Market - South Korea
- 8.5.9.1. South Korea: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.6. Engine Bearings Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.6.4. Engine Bearings Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.6.5. Engine Bearings Market - UAE
- 8.6.5.1. UAE: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.6.6. Engine Bearings Market - Israel
- 8.6.6.1. Israel: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.6.7. Engine Bearings Market - South Africa
- 8.6.7.1. South Africa: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.7. Engine Bearings Market - Latin America
- 8.7.1. Latin America: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.7.4. Engine Bearings Market - Mexico
- 8.7.4.1. Mexico: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.7.5. Engine Bearings Market - Brazil
- 8.7.5.1. Brazil: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
- 8.7.6. Engine Bearings Market - Argentina
- 8.7.6.1. Argentina: Engine Bearings Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Engine Bearings Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Engine Bearings Market, by Vehicle Type, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. ACL
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Daido Metal Co. Ltd.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Harbin Bearing Manufacturing Co. Ltd
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Hartford Technologies Inc
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. JTEKT Corporation
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. King Engine Bearing Inc
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. KS Kolbenschmidt GmbH
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. MAHLE Aftermarket GmbH
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Menon Bearings Ltd
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Minebea Co. Ltd.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. NSK Ltd.
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. ORS Bearings
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. RBC Bearings
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Rexnord Corporation
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Schaeffler Technologies AG & Co. KG
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. SNL Bearings Ltd
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development
- 10.17. The Timken Company
- 10.17.1. Company Overview
- 10.17.2. Financial Performance
- 10.17.3. Product Benchmarking
- 10.17.4. Recent Development