Automotive Hub Bearing Market

Automotive Hub Bearing perform two very important jobs in a vehicle?s suspension. The wheel 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.

Automotive Hub Bearing Market contains market size and forecasts of Automotive Hub Bearing in global, including the following market information:

Global Automotive Hub Bearing Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Automotive Hub Bearing Market Sales, 2017-2022, 2023-2028, (M Units)

Global top five Automotive Hub Bearing companies in 2021 (%)

The global Automotive Hub Bearing market was valued at 6300.9 million in 2021 and is projected to reach US$ 10490 million by 2028, at a CAGR of 7.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Gen. 1 Bearing Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Hub Bearing include NTN, NSK, Schaeffler, SKF, ILJIN, Wanxiang, JTEKT, Shuanglin NTP and TIMKEN, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We 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, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Automotive Hub Bearing Market Segment Percentages, by Type, 2021 (%)

Gen. 1 Bearing

Gen. 2 Bearing

Gen. 3 Bearing

Other Bearing

Global Automotive Hub Bearing Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Automotive Hub Bearing Market Segment Percentages, by Application, 2021 (%)

Passenger Vehicle

Commercial Vehicle

Global Automotive Hub Bearing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Automotive Hub Bearing Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (Estimated), ($ millions)

Key companies Automotive Hub Bearing revenues share in global market, 2021 (%)

Key companies Automotive Hub Bearing sales in global market, 2017-2022 (Estimated), (M Units)

Key companies Automotive Hub Bearing sales share in global market, 2021 (%)

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

C&U

Changjiang Bearing

Harbin Bearing

Wafangdian Bearing

Radical

Nachi-Fujikoshi

FKG Bearing

Changzhou Guangyang

Xiangyang Auto Bearing

Shuanglin Group

Hirschvogel