The global Automotive Hub Bearing market was valued at US$ 6727.9 million in 2022 and is projected to reach US$ 9882.3 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global key manufacturers of automotive hub bearing are NTN, NSK, Schaeffler, SKF, ILJIN, Wanxiang, JTEKT, Shuanglin NTP and so on. The top five manufacturers have a total market share of 60%, with the largest manufacturer being NTN with a 25% market share. Global origins are mainly located in North America, Europe, Japan, China, Southeast Asia, India and other regions, of which China is the largest production region with a market share of 40%. In terms of product categories, third-generation wheel bearings have the largest market share with 42%, followed by second-generation wheel bearings with 41%. In terms of applications, passenger cars have a larger market share with 60%, while commercial vehicles have a lower share.
Automotive Hub Bearing perform two very important jobs in a vehicle’s suspension. The hub bearing allows the wheels to rotate with minimal function, and they also support the vehicle’s weight. To be able to do both of these jobs, the bearings must be in near perfect condition. The seals must also be leak free to keep the lubricant inside the bearings and contaminants out. In an average sedan that weighs around 3,400 lb, each pair of front Hub Bearing, as well as the rear wheel or axle bearings, each support 850 pounds. This all depends on the front to rear weight distribution of the vehicle. It’s a lot of weight that needs to be supported over tens of thousands of miles.
This report aims to provide a comprehensive presentation of the global market for Automotive Hub Bearing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Hub Bearing. This report contains market size and forecasts of Automotive Hub Bearing in global, including the following market information:
Global Automotive Hub Bearing Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Hub Bearing Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five Automotive Hub Bearing companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Hub Bearing manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Hub Bearing Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Hub Bearing Market Segment Percentages, by Type, 2022 (%)
Gen. 1 Bearing
Gen. 2 Bearing
Gen. 3 Bearing
Other Bearing
Global Automotive Hub Bearing Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Hub Bearing Market Segment Percentages, by Application, 2022 (%)
Passenger Car
Commercial Vehicle
Global Automotive Hub Bearing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Hub Bearing Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Hub Bearing revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Hub Bearing revenues share in global market, 2022 (%)
Key companies Automotive Hub Bearing sales in global market, 2018-2023 (Estimated), (M Units)
Key companies Automotive Hub Bearing sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
NTN
NSK
Schaeffler
SKF
ILJIN
Wanxiang
JTEKT
Shuanglin NTP
TIMKEN
ZheJiang ZhaoFeng
GMB Corporation
Hirschvogel
Changjiang Bearing
Radical
C&U
Nachi-Fujikoshi
Harbin Bearing
Wafangdian Bearing
FKG Bearing
Xiangyang Auto Bearing
Changzhou Guangyang
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Hub Bearing, market overview.
Chapter 2: Global Automotive Hub Bearing market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Hub Bearing manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Hub Bearing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Hub Bearing capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
1.1 Automotive Hub Bearing Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Automotive Hub Bearing Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Automotive Hub Bearing Overall Market Size
2.1 Global Automotive Hub Bearing Market Size: 2022 VS 2029
2.2 Global Automotive Hub Bearing Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Automotive Hub Bearing Sales: 2018-2029
3 Company Landscape
3.1 Top Automotive Hub Bearing Players in Global Market
3.2 Top Global Automotive Hub Bearing Companies Ranked by Revenue
3.3 Global Automotive Hub Bearing Revenue by Companies
3.4 Global Automotive Hub Bearing Sales by Companies
3.5 Global Automotive Hub Bearing Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Automotive Hub Bearing Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Automotive Hub Bearing Product Type
3.8 Tier 1, Tier 2 and Tier 3 Automotive Hub Bearing Players in Global Market
3.8.1 List of Global Tier 1 Automotive Hub Bearing Companies
3.8.2 List of Global Tier 2 and Tier 3 Automotive Hub Bearing Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Automotive Hub Bearing Market Size Markets, 2022 & 2029
4.1.2 Gen. 1 Bearing
4.1.3 Gen. 2 Bearing
4.1.4 Gen. 3 Bearing
4.1.5 Other Bearing
4.2 By Type - Global Automotive Hub Bearing Revenue & Forecasts
4.2.1 By Type - Global Automotive Hub Bearing Revenue, 2018-2023
4.2.2 By Type - Global Automotive Hub Bearing Revenue, 2024-2029
4.2.3 By Type - Global Automotive Hub Bearing Revenue Market Share, 2018-2029
4.3 By Type - Global Automotive Hub Bearing Sales & Forecasts
4.3.1 By Type - Global Automotive Hub Bearing Sales, 2018-2023
4.3.2 By Type - Global Automotive Hub Bearing Sales, 2024-2029
4.3.3 By Type - Global Automotive Hub Bearing Sales Market Share, 2018-2029
4.4 By Type - Global Automotive Hub Bearing Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Automotive Hub Bearing Market Size, 2022 & 2029
5.1.2 Passenger Car
5.1.3 Commercial Vehicle
5.2 By Application - Global Automotive Hub Bearing Revenue & Forecasts
5.2.1 By Application - Global Automotive Hub Bearing Revenue, 2018-2023
5.2.2 By Application - Global Automotive Hub Bearing Revenue, 2024-2029
5.2.3 By Application - Global Automotive Hub Bearing Revenue Market Share, 2018-2029
5.3 By Application - Global Automotive Hub Bearing Sales & Forecasts
5.3.1 By Application - Global Automotive Hub Bearing Sales, 2018-2023
5.3.2 By Application - Global Automotive Hub Bearing Sales, 2024-2029
5.3.3 By Application - Global Automotive Hub Bearing Sales Market Share, 2018-2029
5.4 By Application - Global Automotive Hub Bearing Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Automotive Hub Bearing Market Size, 2022 & 2029
6.2 By Region - Global Automotive Hub Bearing Revenue & Forecasts
6.2.1 By Region - Global Automotive Hub Bearing Revenue, 2018-2023
6.2.2 By Region - Global Automotive Hub Bearing Revenue, 2024-2029
6.2.3 By Region - Global Automotive Hub Bearing Revenue Market Share, 2018-2029
6.3 By Region - Global Automotive Hub Bearing Sales & Forecasts
6.3.1 By Region - Global Automotive Hub Bearing Sales, 2018-2023
6.3.2 By Region - Global Automotive Hub Bearing Sales, 2024-2029
6.3.3 By Region - Global Automotive Hub Bearing Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Automotive Hub Bearing Revenue, 2018-2029
6.4.2 By Country - North America Automotive Hub Bearing Sales, 2018-2029
6.4.3 US Automotive Hub Bearing Market Size, 2018-2029
6.4.4 Canada Automotive Hub Bearing Market Size, 2018-2029
6.4.5 Mexico Automotive Hub Bearing Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Automotive Hub Bearing Revenue, 2018-2029
6.5.2 By Country - Europe Automotive Hub Bearing Sales, 2018-2029
6.5.3 Germany Automotive Hub Bearing Market Size, 2018-2029
6.5.4 France Automotive Hub Bearing Market Size, 2018-2029
6.5.5 U.K. Automotive Hub Bearing Market Size, 2018-2029
6.5.6 Italy Automotive Hub Bearing Market Size, 2018-2029
6.5.7 Russia Automotive Hub Bearing Market Size, 2018-2029
6.5.8 Nordic Countries Automotive Hub Bearing Market Size, 2018-2029
6.5.9 Benelux Automotive Hub Bearing Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Automotive Hub Bearing Revenue, 2018-2029
6.6.2 By Region - Asia Automotive Hub Bearing Sales, 2018-2029
6.6.3 China Automotive Hub Bearing Market Size, 2018-2029
6.6.4 Japan Automotive Hub Bearing Market Size, 2018-2029
6.6.5 South Korea Automotive Hub Bearing Market Size, 2018-2029
6.6.6 Southeast Asia Automotive Hub Bearing Market Size, 2018-2029
6.6.7 India Automotive Hub Bearing Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Automotive Hub Bearing Revenue, 2018-2029
6.7.2 By Country - South America Automotive Hub Bearing Sales, 2018-2029
6.7.3 Brazil Automotive Hub Bearing Market Size, 2018-2029
6.7.4 Argentina Automotive Hub Bearing Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Automotive Hub Bearing Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Automotive Hub Bearing Sales, 2018-2029
6.8.3 Turkey Automotive Hub Bearing Market Size, 2018-2029
6.8.4 Israel Automotive Hub Bearing Market Size, 2018-2029
6.8.5 Saudi Arabia Automotive Hub Bearing Market Size, 2018-2029
6.8.6 UAE Automotive Hub Bearing Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 NTN
7.1.1 NTN Company Summary
7.1.2 NTN Business Overview
7.1.3 NTN Automotive Hub Bearing Major Product Offerings
7.1.4 NTN Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.1.5 NTN Key News & Latest Developments
7.2 NSK
7.2.1 NSK Company Summary
7.2.2 NSK Business Overview
7.2.3 NSK Automotive Hub Bearing Major Product Offerings
7.2.4 NSK Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.2.5 NSK Key News & Latest Developments
7.3 Schaeffler
7.3.1 Schaeffler Company Summary
7.3.2 Schaeffler Business Overview
7.3.3 Schaeffler Automotive Hub Bearing Major Product Offerings
7.3.4 Schaeffler Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.3.5 Schaeffler Key News & Latest Developments
7.4 SKF
7.4.1 SKF Company Summary
7.4.2 SKF Business Overview
7.4.3 SKF Automotive Hub Bearing Major Product Offerings
7.4.4 SKF Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.4.5 SKF Key News & Latest Developments
7.5 ILJIN
7.5.1 ILJIN Company Summary
7.5.2 ILJIN Business Overview
7.5.3 ILJIN Automotive Hub Bearing Major Product Offerings
7.5.4 ILJIN Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.5.5 ILJIN Key News & Latest Developments
7.6 Wanxiang
7.6.1 Wanxiang Company Summary
7.6.2 Wanxiang Business Overview
7.6.3 Wanxiang Automotive Hub Bearing Major Product Offerings
7.6.4 Wanxiang Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.6.5 Wanxiang Key News & Latest Developments
7.7 JTEKT
7.7.1 JTEKT Company Summary
7.7.2 JTEKT Business Overview
7.7.3 JTEKT Automotive Hub Bearing Major Product Offerings
7.7.4 JTEKT Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.7.5 JTEKT Key News & Latest Developments
7.8 Shuanglin NTP
7.8.1 Shuanglin NTP Company Summary
7.8.2 Shuanglin NTP Business Overview
7.8.3 Shuanglin NTP Automotive Hub Bearing Major Product Offerings
7.8.4 Shuanglin NTP Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.8.5 Shuanglin NTP Key News & Latest Developments
7.9 TIMKEN
7.9.1 TIMKEN Company Summary
7.9.2 TIMKEN Business Overview
7.9.3 TIMKEN Automotive Hub Bearing Major Product Offerings
7.9.4 TIMKEN Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.9.5 TIMKEN Key News & Latest Developments
7.10 ZheJiang ZhaoFeng
7.10.1 ZheJiang ZhaoFeng Company Summary
7.10.2 ZheJiang ZhaoFeng Business Overview
7.10.3 ZheJiang ZhaoFeng Automotive Hub Bearing Major Product Offerings
7.10.4 ZheJiang ZhaoFeng Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.10.5 ZheJiang ZhaoFeng Key News & Latest Developments
7.11 GMB Corporation
7.11.1 GMB Corporation Company Summary
7.11.2 GMB Corporation Automotive Hub Bearing Business Overview
7.11.3 GMB Corporation Automotive Hub Bearing Major Product Offerings
7.11.4 GMB Corporation Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.11.5 GMB Corporation Key News & Latest Developments
7.12 Hirschvogel
7.12.1 Hirschvogel Company Summary
7.12.2 Hirschvogel Automotive Hub Bearing Business Overview
7.12.3 Hirschvogel Automotive Hub Bearing Major Product Offerings
7.12.4 Hirschvogel Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.12.5 Hirschvogel Key News & Latest Developments
7.13 Changjiang Bearing
7.13.1 Changjiang Bearing Company Summary
7.13.2 Changjiang Bearing Automotive Hub Bearing Business Overview
7.13.3 Changjiang Bearing Automotive Hub Bearing Major Product Offerings
7.13.4 Changjiang Bearing Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.13.5 Changjiang Bearing Key News & Latest Developments
7.14 Radical
7.14.1 Radical Company Summary
7.14.2 Radical Business Overview
7.14.3 Radical Automotive Hub Bearing Major Product Offerings
7.14.4 Radical Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.14.5 Radical Key News & Latest Developments
7.15 C&U
7.15.1 C&U Company Summary
7.15.2 C&U Business Overview
7.15.3 C&U Automotive Hub Bearing Major Product Offerings
7.15.4 C&U Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.15.5 C&U Key News & Latest Developments
7.16 Nachi-Fujikoshi
7.16.1 Nachi-Fujikoshi Company Summary
7.16.2 Nachi-Fujikoshi Business Overview
7.16.3 Nachi-Fujikoshi Automotive Hub Bearing Major Product Offerings
7.16.4 Nachi-Fujikoshi Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.16.5 Nachi-Fujikoshi Key News & Latest Developments
7.17 Harbin Bearing
7.17.1 Harbin Bearing Company Summary
7.17.2 Harbin Bearing Business Overview
7.17.3 Harbin Bearing Automotive Hub Bearing Major Product Offerings
7.17.4 Harbin Bearing Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.17.5 Harbin Bearing Key News & Latest Developments
7.18 Wafangdian Bearing
7.18.1 Wafangdian Bearing Company Summary
7.18.2 Wafangdian Bearing Business Overview
7.18.3 Wafangdian Bearing Automotive Hub Bearing Major Product Offerings
7.18.4 Wafangdian Bearing Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.18.5 Wafangdian Bearing Key News & Latest Developments
7.19 FKG Bearing
7.19.1 FKG Bearing Company Summary
7.19.2 FKG Bearing Business Overview
7.19.3 FKG Bearing Automotive Hub Bearing Major Product Offerings
7.19.4 FKG Bearing Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.19.5 FKG Bearing Key News & Latest Developments
7.20 Xiangyang Auto Bearing
7.20.1 Xiangyang Auto Bearing Company Summary
7.20.2 Xiangyang Auto Bearing Business Overview
7.20.3 Xiangyang Auto Bearing Automotive Hub Bearing Major Product Offerings
7.20.4 Xiangyang Auto Bearing Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.20.5 Xiangyang Auto Bearing Key News & Latest Developments
7.21 Changzhou Guangyang
7.21.1 Changzhou Guangyang Company Summary
7.21.2 Changzhou Guangyang Business Overview
7.21.3 Changzhou Guangyang Automotive Hub Bearing Major Product Offerings
7.21.4 Changzhou Guangyang Automotive Hub Bearing Sales and Revenue in Global (2018-2023)
7.21.5 Changzhou Guangyang Key News & Latest Developments
8 Global Automotive Hub Bearing Production Capacity, Analysis
8.1 Global Automotive Hub Bearing Production Capacity, 2018-2029
8.2 Automotive Hub Bearing Production Capacity of Key Manufacturers in Global Market
8.3 Global Automotive Hub Bearing Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Automotive Hub Bearing Supply Chain Analysis
10.1 Automotive Hub Bearing Industry Value Chain
10.2 Automotive Hub Bearing Upstream Market
10.3 Automotive Hub Bearing Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Automotive Hub Bearing Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
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