Bearings Market Size To Reach USD 193 Billion By 2026 | CAGR: 8%
                      Bearings Market
Set to Exceed USD  USD 193 Billion By 2026 | CAGR 
8.0%
“Bearings Market Share, Size, Trends, Industry 
Analysis Report By Type (Ball Bearings, Roller 
Bearings, Others) By End-User (Automotive, 
Electrical and Electronics, Construction, Mining, 
Aerospace, Others); By Regions, Segments & 
Forecast, 2018 - 2026”
 Bearings Market Estimate & Forecast to 2026
The worldwide Bearings market is anticipated to reach around $193 billion by 2026 
according to a new research published by Polaris Market Research. In 2017, the ball bearings 
segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be 
the leading contributor to the global market in 2017.
 
There has been an increasing adoption of bearings across the world owing to the growing 
manufacturing industry. Also, the growing applications of bearings in heavy machinery, and 
increasing automation of manufacturing processes boost the adoption of the bearings 
market during the forecast period. Factors such as growth in the global manufacturing 
industry, increasing applications in diverse industries, and increasing use in automobile 
production stimulate the growth of the global bearings market. Other factors driving the 
growth of this market include growth in the global automotive industry, rising demand from 
the renewable energy sector, and increasing demand for light-weight bearings for various 
applications. Growing demand from emerging economies, and technological advancements 
are factors expected to provide numerous growth opportunities in the coming years.
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 Bearings Market Scope
By Type, 2018-2026 By  End-User, 2018-2026 By Region, 2018-2026 Report Attributes
 Ball Bearings  Automotive  North America  Historic year: 2015-2016
 Roller Bearings  Electrical and Electronics  Europe  Base year: 2017
 Others  Construction  Asia Pacific  Forecast Year: 2018-2026
 Mining  Latin America Middle East &  Revenue (USD Billion)
 Aerospace Africa 
 Others
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 Bearings Market Estimate & Forecast to 2026
Asia-Pacific generated the highest revenue in the market in 2017. The increasing 
automation, use of heavy machinery in the manufacturing sector, and the established 
automotive industry drive the growth of bearing market in this region. The rising demand of 
motor vehicles from countries such as China, Japan, India, and South Korea, along with 
increasing requirement of light-weight bearing in automobiles boosts the adoption of 
bearings in the region. Increasing investments and technological advancements are 
expected to boost the adoption of bearings in the region during the forecast period. 
Increasing need to improve efficiency and productivity along with increased industrialization 
and automation further supplements the bearings market growth. The increasing 
applications of bearings in the renewable energy sector of Asia-Pacific are expected to 
accelerate the market growth during the forecast period.
The companies operating in bearings market include Schaeffler Group, Harbin Bearing 
Manufacturing Co., Ltd., NSK Global, The Timken Company, Rexnord Corporation, JTEKT 
Corporation, Brammer PLC, Federal Moghul Holding Corporation, NTN Corporation, and NKE 
AUSTRIA GmbH. These companies launch new products and collaborate with other market 
leaders to innovate and launch new products to meet the increasing needs and 
requirements of consumers.
                                                                      
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Bearings Market Size
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About Us
Polaris Market Research is a global market research and consulting company. The company 
specializes in providing exceptional market intelligence and in-depth business research services 
for our clientele spread across different enterprises. We at Polaris are obliged to e present across 
the industries of healthcare, technology, semi-conductors and chemicals among various other 
industries present around the world. 
We strive to provide our customers with updated information on innovative technologies, high 
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thereby helping them always to make informed decisions and leverage new opportunities. Adept 
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analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our 
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