Automotive Hub Bearing Market: By Technology, Application, Share, Industry Analysis & Forecast, 2015-2021

Automotive Hub Bearing Market: By Technology, Application, Share, Industry Analysis & Forecast, 2015-2021

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According to the report, global demand for automotive hub bearing market was valued at USD 5.50 billion in 2015 is expected to reach USD 8.50 billion in 2021 and is anticipated to grow at a CAGR of 8.5% between 2015 and 2021. In terms of volume, the global automotive hub bearing market stood at 425 million units in 2015. The bearing is an important part that is employed in the vehicles or automotive machine. The term “bearing” is derived from the verb “to bear”, a bearing is a machine element that allows one part to bear (i.e., to support) another. The bearing is of different types especially used in the wheel hub, interior, engine, and transmission system for reducing friction between moving parts of the automobile.




According to the report, global demand for automotive hub bearing market was valued at USD 5.50 billion in 2015 is expected to reach USD 8.50 billion in 2021 and is anticipated to grow at a CAGR of 8.5% between 2015 and 2021. In terms of volume, the global automotive hub bearing market stood at 425 million units in 2015.

The bearing is a crucial entity in a vehicle that supports the two moving object employed in the vehicles. The bearing hubs are mainly used in a variety of automotive applications that include wheel hub, interior, engine, and transmission system. The bearing is specially employed to support and basically, it reduces the friction between the moving parts of an automobile. Therefore, it is one of the important or core entity of automotive industry. Thus, it has a wide scope and it is expected to grow at rising CAGR over the forecast period.

Global automotive hub bearing market is mainly driven by increasing demand for vehicles, due to the perpetually growing population across the globe. Secondly, advanced technologies are exercised for the automotive industry. New technology helps to provide efficient and comfortable vehicles for the end-users. Therefore, it is expected to drive the market growth over the forecast period.  Moreover, increasing the cost of raw material used in automotive industry is expected to edge the growth of this industry. Nonetheless, more efficient materials are expected to open a new opportunity for the automotive hub bearing industry.

Automotive Hub Bearing Market

The automotive hub bearing market has been segmented into two segments based on technology. These include ball bearing and tapered bearing. The ball bearing segment was the leading segment that leads with over 55% shares of the market in 2015. A ball bearing can carry and support more load than the tapered bearing.  Therefore, ball bearing has robust demand and further it is expected to continue this trend throughout the forecast period.

Based on the revenues generated from a different application, passenger vehicle application was the dominating segment in 2015. It accounts more than half of the share of the entire market. The ever growing population is a major factor that drives the demand for a passenger vehicle. In turn, this leads to increase in production of passenger vehicle and further it is also foreseen to remain dominating application segment till 2021. Furthermore, commercial vehicle segment is also augmenting application that will grow with attractive market size during the forecast period.

Europe was the largest market for automotive hub bearing and it accounts for over 25% share of the overall volume consumption in 2015. Asia Pacific is one of the most attractive regions for the market of the automotive hub bearing market. Demand for luxury vehicles with advanced safety and comfort features are the major factors fueling demand for automotive hub bearing. In addition, for the foreseen period it is expected to have splendid increment for automotive hub bearing especially in Brazil and South Africa region. Moreover, Europe and North America is likely to have a moderate market for automotive hub bearing.

Some of the key players in the global automotive hub bearing market include SKF, Schaeffer, NSK, JTEKT, NTN, TIMKEN, GKN, ILJIN GROUP, GMB Corporation, Nachi-Fujikoshi, FKG Bearing, PFI, and among others.

  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global automotive hub bearing market, 2015 – 2021, (USD Million)
    • 2.2. Automotive hub bearing: Market snapshot
  • Chapter 3. Automotive Hub Bearing Market: Industry Analysis
    • 3.1. Automotive hub bearing: Market dynamics
    • 3.2. Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Increasing demand of vehicle production
      • 3.3.2. Advance technology and trends
      • 3.3.3. Increasing average age or lifespan of vehicles
    • 3.4. Restraints
      • 3.4.1. Increasing raw material prices
      • 3.4.2. Longer lifespan of bearing due to improved technology
    • 3.5. Opportunity
      • 3.5.1. New doors for more efficient materials in automotive industry
    • 3.6. Porter’s Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market attractiveness analysis by technology segment
      • 3.7.2. Market attractiveness analysis by application segment
      • 3.7.3. Market attractiveness analysis by regional segment
  • Chapter 4. Global Automotive Hub Bearing Market: Competitive Landscape
    • 4.1. Company market share analysis, 2015 (subject to data availability)
    • 4.2. Price trend analysis
  • Chapter 5. Global Automotive Hub Bearing Market: Technology Analysis
    • 5.1. Global automotive hub bearing market share, by technology, 2015 & 2021
    • 5.2. Global ball bearing for global automotive hub bearing market, 2015 – 2021 (USD Million)
    • 5.3. Global tapered bearing for global automotive hub bearing market, 2015 – 2021 (USD Million)
  • Chapter 6. Global Automotive Hub Bearing Market: Application Overview
    • 6.1. Global automotive hub bearing market share, by application, 2015 and 2021
    • 6.2. Global automotive hub bearing market for passenger vehicle, 2015 – 2021 (Million Units) (USD Million)
    • 6.3. Global automotive hub bearing market for commercial vehicle, 2015 – 2021 (Million Units) (USD Million)
  • Chapter 7. Automotive Hub Bearing Market: Regional Analysis
    • 7.1. Global automotive hub bearing market: Regional overview
    • 7.1.1. Global automotive hub bearing market share, by region, 2015 and 2021
    • 7.2. North America
      • 7.2.1. North America automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
      • 7.2.2. North America automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
      • 7.2.3. North America automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
      • 7.2.4. North America automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
        • 7.2.5.2. U.S. automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
        • 7.2.5.3. U.S. automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
        • 7.2.5.4. U.S. automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
      • 7.3.2. Europe automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
      • 7.3.3. Europe automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
      • 7.3.4. Europe automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
      • 7.3.5. Germany
        • 7.3.5.1. Germany automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
        • 7.3.5.2. Germany automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
        • 7.3.5.3. Germany automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
      • 7.3.6. UK
        • 7.3.6.1. UK automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
        • 7.3.6.2. UK automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
        • 7.3.6.3. UK automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
        • 7.3.6.4. UK automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
      • 7.3.7. France
        • 7.3.7.1. France automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
        • 7.3.7.2. France automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
        • 7.3.7.3. France automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
        • 7.3.7.4. France automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia-Pacific automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
      • 7.4.2. Asia-Pacific automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
      • 7.4.3. Asia-Pacific automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
      • 7.4.4. Asia-Pacific automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
      • 7.4.5. China
        • 7.4.5.1. China automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
        • 7.4.5.2. China automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
        • 7.4.5.3. China automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
        • 7.4.5.4. China automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
      • 7.4.6. Japan
        • 7.4.6.1. Japan automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
        • 7.4.6.2. Japan automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
        • 7.4.6.3. Japan automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
        • 7.4.6.4. Japan automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
      • 7.4.7. India
        • 7.4.7.1. India automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
        • 7.4.7.2. India automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
        • 7.4.7.3. India automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
        • 7.4.7.4. India automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
      • 7.5.2. Latin America automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
      • 7.5.3. Latin America automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
      • 7.5.4. Latin America automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
        • 7.5.5.2. Brazil automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
        • 7.5.5.3. Brazil automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
        • 7.5.5.4. Brazil automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
    • 7.6. Middle East & Africa
      • 7.6.1. Middle East & Africa automotive hub bearing market volume, by technology, 2015 – 2021 (Million Units)
      • 7.6.2. Middle East & Africa automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
      • 7.6.3. Middle East & Africa automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
      • 7.6.4. Middle East & Africa automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
  • Chapter 8. Company Profiles
    • 8.1. SKF
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Schaeffer
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. NSK
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. JTEKT
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. NTN
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. TIMKEN
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. GKN
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. ILJIN GROUP
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. GMB Corporation
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Nachi-Fujikoshi
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

List of Figures

1. Global automotive hub bearing market segmentation by application, technology and geography
2. Global automotive hub bearing market, 2015 – 2021 (USD Million)
3. Value chain analysis: Automotive hub bearing market
4. Porter’s five forces analysis: Automotive hub bearing market
5. Global automotive hub bearing market attractiveness, by applications, 2015
6. Global automotive hub bearing market share, by technology, 2015 – 2021
7. Global ball bearing for automotive hub bearing market, 2015 – 2021 (USD Million)
8. Global tapered bearing for automotive hub bearing market, 2015 – 2021 (USD Million)
9. Global automotive hub bearing market share, by applications, 2015 -2021
10. Global automotive hub bearing market for passenger vehicle, 2015 – 2021  (Million Units) (USD Million)
11. Global automotive hub bearing market for commercial vehicle, 2015 – 2021 (Million Units) (USD Million)
12. Global automotive hub bearing market share, by region, 2015 – 2021
13. North America automotive hub bearing market, 2015 – 2021,  (Million Units) (USD Million)
14. U.S. automotive hub bearing market, 2015 – 2021, (Million Units) (USD Million)
15. Europe automotive hub bearing market, 2015 – 2021, (Million Units) (USD Million)
16. UK automotive hub bearing market, 2015 – 2021, (Million Units) (USD Million)
17. France automotive hub bearing market, 2015 – 2021, (Million Units) (USD Million)
18. Germany automotive hub bearing market, 2015 – 2021, (Million Units) (USD Million)
19. Asia Pacific automotive hub bearing market, 2015 – 2021, (Million Units) (USD Million)
20. China automotive hub bearing market, 2015 – 2021, (Million Units) (USD Million)
21. Japan automotive hub bearing market, 2015 – 2021, (Million Units) (USD Million)
22. India automotive hub bearing market, 2015 – 2021, (Million Units) (USD Million)
23. Latin America automotive hub bearing market, 2015 – 2021,  (Million Units) (USD Million)
24. Brazil automotive hub bearing market, 2015 – 2021, (Million Units) (USD Million)
25. Middle East & Africa automotive hub bearing market, 2015 – 2021, (Million Units) (USD Million)


List of Tables

1. Global automotive hub bearing market snapshot
2. Drivers for automotive hub bearing market: Impact analysis
3. Restraints of automotive hub bearing market: Impact analysis
4. North America automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
5. North America automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
6. North America automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
7. U.S. automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
8. U.S. automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
9. U.S. automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
10. Europe automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
11. Europe automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
12. Europe automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
13. UK automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
14. UK automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
15. UK automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
16. France automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
17. France automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
18. France automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
19. Germany automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
20. Germany automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
21. Germany automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
22. Asia-Pacific automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
23. Asia-Pacific automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
24. Asia-Pacific automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
25. China automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
26. China automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
27. China automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
28. Japan automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
29. Japan automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
30. Japan automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
31. India automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
32. India automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
33. India automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
34. Latin America automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
35. Latin America automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
36. Latin America automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
37. Brazil automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
38. Brazil automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
39. Brazil automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)
40. Middle East & Africa automotive hub bearing market revenue, by technology, 2015 – 2021 (USD Million)
41. Middle East & Africa automotive hub bearing market volume, by application, 2015 – 2021 (Million Units)
42. Middle East & Africa automotive hub bearing market revenue, by application, 2015 – 2021 (USD Million)

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