Roller Bearings Market

Roller Bearings Market Size

The roller bearings market was valued at USD 15.7 billion in 2024. The market is expected to grow from USD 16.5 billion in 2025 to USD 24.9 billion in 2034, at a CAGR of 4.7%, according to latest report published by Global Market Insights Inc.

There has been substantial growth in industrial activities, especially in manufacturing, mining, and construction, which has resulted in increasing demand for machinery utilizing roller bearings. According to National Institute of Standards and Technology (NIST) report of U.S. Manufacturing Economy 2024, the industrial machinery and equipment continues to be among the top value adding segments in the U.S. manufacturing, further showing the increasing demand for roller bearings, since industrial machinery are dependent on roller bearings to maximize efficiency and durability.

Further, the automotive industry is a major end use market for roller bearings, as they support efficiency and limit friction in many applications using vehicles. According to the International Organization of Motor Vehicle Manufacturers (OICA), the growth in global vehicle production is expected to increase by 4.5% in 2025 because of the demand from domestic market such as from India and the Southeast Asia markets. Also, with the rapidly advancing electric and hybrid vehicle market, manufacturers are demanding innovative solutions.

Technological advancements are supporting the production of roller bearings with better load capacity, a lower need for maintenance and longer service life. With the infusion of smart sensor technology for real-time condition monitoring, maintenance is evolving to reduce downtime; for instance, in 2024 HKT Bearings launched lightweight, durable materials into their products, including the HKT Split Cylindrical Roller Bearings Series, expanding the use of roller bearings in high-performance sectors.

The International Renewable Energy Agency identified a 13% increase in global wind energy installations from 2024, in which roller bearings are a major component in the efficiency of wind turbine applications. Daido Metal and C&U Group have begun investing into their manufacturing to develop bearings that will hold up in extreme conditions, for durability and performance. These developments are critical as the focus on long term sustainability continues to gain traction in industry.

Government initiatives, and industry partnership, are enhancing the roller bearings landscape. The U.S. Department of Energy (DOE) allocated $17 billion in loan authority to support the domestic battery supply chain, which includes components like low-friction bearings used in EV motors, supporting the growth of roller bearings across the energy sector. In 2024, the European Bearing Manufacturers Association (EBMA) also reiterated the necessity of sustainable manufacturing, advocating for the use of sustainable materials and processes in the production.

Roller Bearings Market Trends

The changing innovation and technology transformation are important for the business growth.

• Industrial activities, particularly in the manufacturing, mining, and construction industries, depend on roller bearing machinery. As industries continue trending toward more automated and sophisticated, higher-performance machinery, customers expect roller bearings to function consistently well. For example, SKF's spherical roller bearings are used in mining machines and are fantastic at carrying heavy loads under extreme mining conditions, are good to have in terms of reliability for bearings.
  
• According to the U.S. Department of Energy, electric vehicle sales in the United States alone increased by 40% in 2023, highlighting the growing demand for EV components. Companies like The Timken Company are adjusting to the increase in demand, for example, they have tapered roller bearings designed specifically for electric vehicles which allow for high-speed and low-noise conditions.
  
• Research and development activities around roller bearings are pushing technology to become more sophisticated, for example, the U.S. Department of Energy (DOE) and National Renewable Energy Laboratory (NREL) are funding tribology-focused projects to improve drivetrain reliability in wind turbines, which directly impacts bearing performance under extreme loads and variable speeds. Helping meet the changes in modern industry where the roller bearings will have to perform under extreme conditions such as pressure and temperature.
  
• Further in the roller bearing market, the government initiatives are also promoting industrial automation, further driving the roller bearings market. For instance, the European Union allocated EUR 1.2 billion under the Horizon Europe program in 2023 to support research and innovation in advanced manufacturing technologies, which includes machinery components like roller bearings. Such funding is expected to accelerate the adoption of high-performance roller bearings in automated systems.
  

Roller Bearings Market Analysis

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Based on type segment, the market is segmented into cylindrical, tapered, spherical and others. The cylindrical category exceeded USD 6 billion in 2024.

Cylindrical roller bearings are experiencing increased demand as they can provide efficiency in high-speed applications and in bearing heavy radial loads, hence used in manufacturing, automotive, and electric motor applications. According to the U.S. Department of Energy, electric motors in the industrial landscape account for over 50% of energy consumption which continues to grow, hence these roller bearing play a crucial role in efficiency for these systems, as a result the demand for these continues to grow amongst industrial users.

• Manufacturers are taking on innovation to meet this increased demand. For example, NSK has produced high-load cylindrical roller bearings, specifically for electric vehicles, which improve operational efficiency and enhance the durable capacity of their bearings. Additionally, NBI Bearings Europe is producing high-load cylindrical roller bearings engineered for the industrial markets, which can provide the same consistent levels of function under high levels of stress in these long-lasting applications.
  
• In 2023, Minebea launched a sleeker cylindrical roller bearing for aerospace uses to meet the growing request in this market for less weight and improved fuel consumption. Minebea also reported more than a 12% year-over-year sales increase in cylindrical roller bearings showing a greater emphasis on using these bearings.
  
• The rapid industrialization and urbanization in parts of Asia-Pacific and Latin America is fueling strong demand for cylindrical roller bearings. In China, for example, USD 1.2 trillion has been pledged for infrastructure by 2025; India is also regularly investing in smart cities and transportation projects. Both China and India are providing significant growth opportunities in heavy machinery and automotive sectors and will continue to support.
  
• The shift to automation and energy-efficient technologies help in the growth of cylindrical roller bearings. The U.S. Bureau of Labor Statistics 2023, reported a growth of over 6.4% increase in their manufacturing output, showing an increased activity in the industrial space as result of automation strategies and energy tech, where these bearings continue to play an important role as a high performing components, such as the “NSKHPS cylindrical roller bearings” by NSK, with up to 23% higher basic load rating.
  

Learn more about the key segments shaping this market

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Based on the end use industry, the roller bearings market is bifurcated into automotive, agriculture, electrical, mining & construction, railway & aerospace, automotive aftermarket, and others. The automotive segment held around 36% of the market share in 2024.

• Due to their relevance in components such as wheels, engines, transmissions, and suspension systems. According to the report by the International Organization of Motor Vehicle Manufacturers (OICA), aggregated global production of vehicles is estimated to exceed 100 million units by 2025, hence increasing the demand for roller bearings.
  
• However, as the automotive sector moves toward electric and hybrid vehicles, manufacturers are innovating to satisfy the demand for lightweight and low-friction roller bearings. For example, Schaeffler Group's focus is leaning toward the production of bearings designed for e-mobility applications such as their current shunt bearings series “VoltPath Shunt Bearing” and “TriFinity Wheel Bearings”, which are designed specifically for automotives.
  
• The automotive sector's focus on high-performance and customized solutions will help its position in the market and its continued innovation will align with the needs of modern vehicles. For example, MRBC Bearings through its RBC Precision Products division, are offering a spectrum of customized roller bearing assemblies made for an automotive application.
  

Based on distribution channels, the roller bearings market is segmented into direct and indirect channels. The direct segment crossed USD 9.9 billion in 2024.

• Direct sales channels dominate the roller bearing market due to their ability to build strong partnerships with OEMs. This is significant in markets like automotive, aerospace, and industrial machinery, where customized solutions and technical knowledge provide major advantages in the marketplace.
  
• Selling directly helps the manufacturers in maintaining an effective line of communication and collaboration for OEMs' needs while supplying these high-quality products built to specifications and customer needs. Further, being able to satisfy a specific need on a shorter lead time fosters trust and builds long-term partnerships.
  
• Furthermore, the direct sales channels provide a mechanism to offer additional technical service and after-sales services. For example, NBI Bearings Europe uses their direct sales channels through their support centers and regional offices, as seen in India and Romania to provide direct outreach and assistance to their customers, this helps in quick after sales response helping develop good customer service as well add value to customers, improving their brand image and help stand out from others.
  

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In 2024, the U.S. dominated the roller bearings market growth in North America, accounting for 77.1% of the regional share.

• This market growth is attributed to its strong industrial infrastructure and advanced manufacturing capabilities. The country’s automotive sector, one of the largest globally, plays a pivotal role in driving demand for roller bearings. According to the U.S. Bureau of Economic Analysis (BEA), the automotive manufacturing sector contributed approximately USD 522 billion to the GDP in 2023, showing the need for roller bearings to meet the increasing demand. Additionally, industries such as aerospace and heavy machinery contribute significantly to the market's growth.
  
• Technological advancements and the presence of major market players further solidify the united states leadership in the region. The focus on innovation, coupled with a steady demand from key industries, ensures the U.S. remains at the forefront of the North American roller bearings industry.
  

Asia Pacific roller bearings market is expected to grow at a 4.9% CAGR during the forecast period.

• This growth is driven by increasing industrialization, rising demand for automotive components, and the expansion of manufacturing activities in countries like China and India.
  
• Additionally, the region benefits from a strong supply chain network and significant investments in infrastructure development. The growing adoption of advanced machinery further supports the demand for roller bearings. These factors position Asia Pacific as a key growth hub in the global market.
  

Europe roller bearings market is expected to grow at a 4.7% CAGR during the forecast period.

• The market is supported by its robust industrial base and dominance in key sectors such as automotive, manufacturing, and renewable energy. Germany, recognized as a global hub for automotive manufacturing, produced approximately 4.7 million passenger cars in 2023, according to the German Association of the Automotive Industry (VDA). This production volume has significantly increased the demand for high-quality roller bearings, essential components for engines, transmissions, and wheel assemblies.
  
• The country's focus on precision engineering and technological advancements further strengthens its market position. The presence of major bearing manufacturers and strong export capabilities solidifies Germany's dominance in the European market.
  

Middle East and Africa roller bearings market is expected to grow at a 3.7% CAGR during the forecast period

• The market is fuelled by infrastructure development, industrialization, and investments in key sectors like oil & gas, mining, and construction. Government initiatives, such as Saudi Arabia’s Vision 2030 and Africa’s industrial corridor projects, are driving demand for heavy machinery and equipment.
  
• Additionally, the region’s growing automotive assembly and maintenance industries are boosting the need for bearings. While structural challenges persist, these factors are gradually strengthening the market.
  

Roller Bearings Market Share

The top companies in the roller bearings industry include SKF Group, Schaeffler Group, NSK, NTN and JTEKT and collectively hold a share of 34.1 % in the market. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broad customer base, and strengthen their market position.

• SKF is at the forefront of smart manufacturing for roller bearings and is using its bearing solutions to incorporate AI, IoT, and Industry 4.0 technologies into support for new levels of smart manufacturing. SKF provides the infrastructure for businesses to adopt real-time monitoring, predictive maintenance, and evidence-based decision making through platforms such as SKF Enlight Centre and SKF Pulse. SKF's commitment to sustainability is also evident in its development of energy efficient bearings, alongside its vision for linear paths to net-zero emissions by 2050.
  
• Schaeffler is a top company in precision rolling bearing development with its FAG and INA brands. The company sells tapered roller bearings, cylindrical roller bearings, spherical roller bearings, and split roller bearings for the automotive, aerospace, wind energy, and industrial automation markets. Schaeffler operates over 76 manufacturing sites, and 20 R&D locations. Schaeffler has developed sensor-based condition monitoring technology, linear motion systems incorporating rolled ball screw technology, and direct drive technology, to address Industry 4.0 and sustainable mobility needs.
  
• NSK, Japan's first bearing manufacturer, produces high-performance roller bearings available for use in automotive, industrial, and precision machinery applications. NSK operates in over 30 countries, focusing on energy efficiency, digital transformation, and smart factory solutions. Under its Vision 2026 strategy, NSK is producing low friction tapered roller bearings, condition monitoring systems, and tribology-based materials that increase durability and environmental sustainability.
  

Roller Bearings Market Companies

Major players operating in the roller bearings industry are:

• Brammer
• C&U Group
• Daido Metal
• Harbin Bearing Manufacturing
• HKT Bearings
• JTEKT
• Minebea
• NBI Bearings Europe
• NSK
• NTN
• RBC Bearings
• Rexnord
• Schaeffler Group
• SKF
• The Timken Company
  

NTN is a global manufacturer of roller bearings, constant velocity joints, and precision equipment, supporting industries from automotive to aerospace. Through its “NAMERAKA Society” vision, NTN promotes sustainability and energy efficiency by integrating AI-driven inspection systems, resin retainers, and grease-lubricated bearing innovations. With over 70 production bases and 15 R&D centers worldwide, NTN continues to expand its digital and green technology footprint across global markets.

JTEKT, known for its Koyo brand, is a major player in the roller bearings market, offering ball, tapered, and cylindrical roller bearings for automotive, rail, and industrial applications. In 2025, JTEKT restructured its European needle roller bearing business to streamline operations and focus on profitability. The company is evolving into a mobility solutions provider, leveraging its Monozukuri philosophy and global manufacturing network to deliver precision, modularity, and sustainability in bearing design.

Roller Bearings Industry News

• In August 2025, SKF introduced its UltraFast series and Extreme bearing platform at EMO 2025. These products are designed for high-speed, high-precision machine tools. They aim to enhance performance in demanding industrial environments. SKF’s innovations focus on pushing the boundaries of efficiency and reliability. This launch highlights their commitment to advancing industrial technology.
  
• In August 2025, NTN began mass-producing low-dust bearings for servo motors used in robotics and semiconductor equipment. These bearings reduce torque and contamination, ensuring cleanroom compatibility. They are designed to support high-precision applications in advanced industries. NTN’s initiative reflects its focus on innovation and quality. This development addresses the growing demand for precision and cleanliness in manufacturing.
  
• In July 2025, Schaeffler showcased its YRTA & YRTAG rotary axis bearings and KLLT four-row monorail guidance systems at EMO 2025. These products expand their portfolio for machine tools and automation. They are engineered to improve precision and load capacity in production environments. Schaeffler’s new offerings demonstrate their commitment to meeting industry needs. This launch strengthens their position in the automation market.
  
• In March 2025, NSK introduced the mining industry's inaugural reconditionable large-size tapered roller bearings. Boasting a lifespan twice as long and reduced CO2 emissions, these bearings are tailored for dump trucks and crushers. Their separable structures simplify maintenance. NSK's innovation not only champions sustainability but also enhances operational efficiency, marking a pivotal advancement for the mining sector.
  
• In December 2024, C&U Group introduced a multi-row roller bearing with a patented design. This bearing improves equipment stability with arc-shaped contact surfaces. It enhances self-alignment and reduces the impact of tilt angle changes. The product is ideal for high-performance industrial applications. C&U Group’s launch underscores their focus on reliability and innovation.
  

The roller bearings market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD Billion) and Volume (Million Units) from 2021 to 2034, for the following segments:

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Market, By Type

• Cylindrical
• Tapered
• Spherical
• Others
• Needle
• Thrust
• Split

Market, By Material

• Steel
• Ceramic
• Polymer
• Hybrid

Market, By Application

• Gearboxes
• Electric Motors
• Pumps & Compressors
• Wind Turbines
• Conveyors
• Machine Tools
• HVAC Systems

Market, By End Use Industry

• Automotive
• Agriculture
• Electrical
• Mining & Construction
• Railway & Aerospace
• Automotive aftermarket
• Others

Market, By Distribution Channel

• Direct
• Indirect

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia 
• Latin America
  • Brazil
  • Mexico
  • Argentina 
• MEA
  • Saudi Arabia
  • UAE
  • South Africa