市場調查報告書
商品編碼
1525469
全球汽車軸承市場評估:依產品類型、應用、車輛類型、地區、機會、預測(2017-2031)Automotive Bearing Market Assessment, By Product Type, By Application, By Vehicle Type, By Region, Opportunities and Forecast, 2017-2031F |
全球汽車軸承市場規模預計將從 2023 年的 406.7 億美元增加到 2031 年的 697.7 億美元,2024-2031 年預測期間複合年增長率為 6.98%。近年來,由於汽車銷量的增加、客製化的快速發展、對增強型汽車的需求不斷增加以及技術的重大進步,該市場不斷增長,預計在預測期內將保持擴張。汽車軸承的需求量很大,因為它們有效地幫助支撐車輛負載,同時減少摩擦並允許旋轉和線性運動。此外,軸承設計和材料方面的技術進步提高了性能、耐用性、可靠性,並減少了維護需求。世界各國政府正在實施各種標準和監管改革,以遏制二氧化碳排放並推出節能車輛,這將在預測期內推動全球汽車軸承市場的需求。
全球市場上的公司正在大力提高汽車軸承的有效性和性能,透過減少車輛傳動系統的摩擦損失,有助於降低能源消耗和排放。此外,市場進入者正在建立新的製造設施,以滿足汽車製造商對汽車軸承日益增長的需求。例如,2023 年 10 月,AB SKF (publ.) 宣佈在墨西哥蒙特雷開設一家新工廠,綠地投資總額達 6,540 萬美元。在該工廠,SKF將為北美汽車製造商開發和製造球軸承,並為工業客戶(包括商用車和農業市場的客戶)開發和製造圓錐滾子軸承。
技術進步推動全球汽車軸承市場需求
技術進步在汽車產業中發揮關鍵作用,不斷創新以及先進軸承塗層、材料和設計的開發。這些技術進步正在提高汽車軸承的耐用性、性能和有效性。先進技術的集成,包括有助於通訊和監控運行條件的智慧軸承,將在預測期內進一步推動全球汽車軸承市場的需求。為了滿足汽車製造商不斷變化的要求,全球市場參與者正在顯著改進汽車軸承的功能,有助於提高車輛的整體性能並降低噪音水平,從而降低維護成本。
例如,2023年9月,CK Birla Group宣佈開發低噪音軸承,滿足電動車產業的特殊需求。這些先進的低噪音汽車軸承提供耐用的性能和更高的解析度。
電動車產量推動全球汽車軸承市場成長
電動車產量的增加正在推動對汽車軸承的需求,因為它們可以有效地用於電動機,特別是在主軸可能熱膨脹的應用中。電動車軸承具有高性能,因為它們的設計可根據所需條件執行,具有各種優勢,有助於提高車輛的有效性和耐用性,並且是世界領先的汽車軸承,加速了軸承市場的需求。此外,電動車銷量和購買量的增加推動了全球汽車軸承市場的成長,因為軸承因其能夠處理高負載和高速旋轉而被用於電動馬達。全球市場的製造商正在設計電動車中使用的軸承。這些產品採用圓錐滾子軸承、低摩擦輪轂、超快滾珠軸承等構造,可減少能源、延長電池壽命、提高效率,並幫助您一次充電走得更遠。
例如,NSK Ltd. 於 2023 年 3 月宣佈,將擴大混合動力和電動車電橋軸承的防電偶腐蝕技術的選擇範圍,從而提高電動車的可靠性和續航里程。
本報告研究和分析了全球汽車軸承市場,提供市場規模和預測、市場動態以及主要參與者的現狀和前景。
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.