North America Automotive Bearings Market

North America Automotive Bearings Market Insights Forecasts to 2035

• The North America Automotive Bearings Market Size Was Estimated at USD 4.62 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 8.4% from 2025 to 2035
• The North America Automotive Bearings Market Size is Expected to Reach USD 11.22 Billion by 2035

According to a research report published by Dicision Advisors & Consulting, The North America Automotive Bearings Market Size is anticipated to reach USD 11.22 Billion by 2035, growing at a CAGR of 8.4 % from 2025 to 2035. The increased production of automobiles, the growing demand for electric vehicles, technical developments, and the growing focus on fuel economy and lower maintenance needs are all factors driving the North America automotive bearings market.  

Market Overview

The industry that includes the manufacture, distribution, and usage of bearings in automobile systems in the North America region, which includes the US, Canada, and Mexico, is known as the North America automotive bearings market. Automotive bearings are essential parts that enable rotational or linear movement in cars and lessen friction between moving parts. To improve performance, dependability, and efficiency, these bearings are used in a variety of vehicle components, including drivetrains, wheels, steering, engines, and gearboxes.

The growing demand for electric and hybrid vehicles (EVs) is one of the main factors propelling the North America automotive bearings market. Government incentives, environmental laws, and customer preferences for greener modes of transportation are driving the automotive bearings market in North America. Technological developments in automotive bearings to satisfy the unique needs of electric drivetrains are also being driven by the growing popularity of electric vehicles.  

Report Coverage

This research report categorizes the market for North America automotive bearings market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America automotive bearings market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the North America automotive bearings market.   

Driving Factors

One of the main factors propelling the automotive bearing market is the rising demand for electric and hybrid vehicles, which in turn is encouraging bearing technology innovation and expansion to support the trend of electrification in the automotive bearings market. Due to the increasing mass production of EVs, this change is further fueled by the ongoing advancements in bearing technology. The North America automotive bearings market is driven by a number of variables, including the requirement for improved fuel efficiency, the rise in vehicle production, the growing desire for electric and hybrid vehicles, and developments in automotive technology.  

Restraining Factors

The market for automobile bearings in North America is restricted by increased counterfeit products, fluctuating raw material prices, high manufacturing costs, and the growing use of maintenance-free technologies, which lowers the frequency of bearing replacements.  

Market Segmentation

The North America automotive bearings market share is classified into product type and distribution channel.  

• The ball bearings segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.  

The North America automotive bearings market is segmented by product type into ball bearings, roller bearings, and others. Among these, the ball bearings segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. Ball bearings are extensively utilized in automobiles for a number of purposes, including air conditioning, steering, gearbox, engine, wheel, suspension, clutch, and transmission. Various ball bearing types, including thrust ball bearings, deep groove ball bearings, tapered roller bearings, and others, are utilized in automobiles.

• The OEM segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The North America automotive bearings market is segmented by distribution channel into aftermarket and OEM. Among these, the OEM segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growing production of automobiles, the increasing use of cutting-edge bearing technologies in new models, and the robust presence of significant automakers throughout the area are all factors contributing to the Original Equipment Manufacturer (OEM) market.   

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America automotive bearings market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Brammer PLC
• NSK Global
• NTN Corporation
• Schaeffler Group
• JTEKT Corporation
• Rexnord Corporation
• Minebea Company Limited
• C&U Group Company Limited
• Daido Metal Company Limited
• RBC Automotive Bearings Inc.
• HKT Automotive Bearings Ltd.
• NBI Automotive Bearings Europe
• Harbin Bearing Manufacturing Co., Ltd
• Luoyang LYC Bearing Company Limited
• Others

Recent Developments

• In January 2024, SKF unveiled a special auto CO2 calculation tool that will help its OEM clients better analyze and manage carbon emissions. The Auto CO2 calculator, according to the business, is intended to transform the bearing selection procedure and provide its clients with a unique and competitive advantage. The tool is said to provide insightful information on the bearing-selection process, which is in perfect harmony with SKF's sustainability and carbon neutrality goals.  

Key Target Audience 

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2035. Dicision Advisors has segmented the North America automotive bearings market based on the below-mentioned segments:

North America Automotive Bearings Market, By Product Type

• Ball bearings
• Roller bearings
• Others

North America Automotive Bearings Market, By Distribution Channel

• Aftermarket
• OEM