Automotive Bearing Seals Market Size & Share 2021 to 2027
Market Size by Vehicle (Passenger Cars, LCV, HCV), by Application (Engine, Differential Gears, Wheel, Steering, Water Pump, Transmissions), by Seal Type (Dust Seal, Oil Seal, Pack Seal), by Sales Channel & Forecast.Download Free PDF
Report Content
Chapter 1 Methodology and Scope
1.1 Market definitions
1.2 Base estimation & working
1.2.1 North America
1.2.2 Europe
1.2.3 Asia Pacific (APAC)
1.2.4 Latin America (LATAM)
1.2.5 Middle East & Africa (MEA)
1.3 Forecast calculations
1.3.1 COVID-19 impact calculations on industry forecast
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
Chapter 2 Executive Summary
2.1 Global automotive bearing seals industry 360° synopsis, 2017 - 2027
2.1.1 Business trends
2.1.2 Vehicle trends
2.1.3 Application trends
2.1.4 Seal type trends
2.1.5 Sales channel trends
2.1.6 Regional trends
Chapter 3 Global Automotive Bearing Seals Industry Insights
3.1 Industry segmentation
3.2 Industry landscape
3.2.1 COVID-19 impact on industry size and forecast
3.3 Industry ecosystem analysis
3.3.1 Raw material supply
3.3.2 Value addition at each stage
3.3.3 Vendor matrix
3.4 Pricing analysis (including COVID-19 impact)
3.4.1 Regional price trends
3.4.2 Cost structure analysis
3.5 Innovation & sustainability
3.5.1 Technology landscape
3.5.2 Future trends
3.5.3 Patent landscape
3.6 Regulatory landscape
3.7 Industry impact forces
3.7.1 Drivers
3.7.1.1 Increasing focus on maintenance-free and extremely lightweight bearings
3.7.1.2 Growth in passenger vehicle sales across Asia Pacific
3.7.1.3 Increasing automotive production & presence of auto players in Latin America
3.7.2 Industry pitfalls & challenges
3.7.2.1 Energy-efficient and environmental manufacturing norms
3.7.2.2 Increasing range for e-vehicles
3.8 Automotive Industry Overview
3.8.1 Automotive production, by region 2017 – 2020
3.8.2 Automotive sales, by region 2017 – 2020
3.8.3 Automotive vehicle in-use, by region (2020)
3.9 Growth potential analysis, 2020
3.10 Porter’s analysis
3.11 Competitive landscape 2020
3.11.1 Company market share analysis, 2020
3.11.2 Strategy dashboard
3.12 PEST analysis
3.13 COVID-19 impact on the automotive industry
Chapter 4 Automotive Bearing Seals Market, By Vehicle
4.1 Global automotive bearing seals market insights, by vehicle
4.2 Passenger Cars
4.2.1 Global market estimates and forecasts, 2017 - 2027
4.2.2 Market estimates and forecast, by region, 2017 - 2027
4.3 LCV
4.3.1 Global market estimates and forecasts, 2017 - 2027
4.3.2 Market estimates and forecast, by region, 2017 – 2027
4.4 HCV
4.4.1 Global market estimates and forecasts, 2017 - 2027
4.4.2 Market estimates and forecast, by region, 2017 - 2027
Chapter 5 Automotive Bearing Seals Market, By Application
5.1 Global automotive bearing seals market insights, by application
5.2 Engine
5.2.1 Global market estimates and forecasts, 2017 - 2027
5.2.2 Market estimates and forecast, by region, 2017 - 2027
5.3 Differential Gears
5.3.1 Global market estimates and forecasts, 2017 - 2027
5.3.2 Market estimates and forecast, by region, 2017 - 2027
5.4 Wheel
5.4.1 Global market estimates and forecasts, 2017 - 2027
5.4.2 Market estimates and forecast, by region, 2017 - 2027
5.5 Steering
5.5.1 Global market estimates and forecasts, 2017 - 2027
5.5.2 Market estimates and forecast, by region, 2017 - 2027
5.6 Water Pump
5.6.1 Global market estimates and forecasts, 2017 - 2027
5.6.2 Market estimates and forecast, by region, 2017 - 2027
5.7 Transmissions
5.7.1 Global market estimates and forecasts, 2017 - 2027
5.7.2 Market estimates and forecast, by region, 2017 – 2027
Chapter 6 Automotive Bearing Seals Market, By Seal Type
6.1 Global automotive bearing seals market insights, by seal type
6.2 Dust Seal
6.2.1 Global market estimates and forecasts, 2017 - 2027
6.2.2 Market estimates and forecast, by region, 2017 - 2027
6.3 Oil Seal
6.3.1 Global market estimates and forecasts, 2017 - 2027
6.3.2 Market estimates and forecast, by region, 2017 – 2027
6.4 Pack Seal
6.4.1 Global market estimates and forecasts, 2017 - 2027
6.4.2 Market estimates and forecast, by region, 2017 – 2027
6.5 Others
6.5.1 Global market estimates and forecasts, 2017 - 2027
6.5.2 Market estimates and forecast, by region, 2017 - 2027
Chapter 7 Automotive Bearing Seals Market, By Sales Channel
7.1 Global automotive bearing seals market insights, by Sales channel
7.2 OEM
7.2.1 Global market estimates and forecasts, 2017 - 2027
7.2.2 Market estimates and forecast, by region, 2017 - 2027
7.3 Aftermarket
7.3.1 Global market estimates and forecasts, 2017 - 2027
7.3.2 Market estimates and forecast, by region, 2017 – 2027
Chapter 8 Automotive Bearing Seals Market, By Region
8.1 Global automotive bearing seals market regional insights
8.2 North America
8.2.1 Market estimates and forecast, 2017 - 2027
8.2.2 Market estimates and forecast by vehicle, 2017 - 2027
8.2.3 Market estimates and forecast by application, 2017 - 2027
8.2.4 Market estimates and forecast by seal type, 2017 – 2027
8.2.5 Market estimates and forecast by sales channel, 2017 – 2027
8.2.6 U.S.
8.2.6.1 Market estimates and forecast, 2017 - 2027
8.2.6.2 Market estimates and forecast by vehicle, 2017 - 2027
8.2.6.3 Market estimates and forecast by application, 2017 - 2027
8.2.6.4 Market estimates and forecast by seal type, 2017 – 2027
8.2.6.5 Market estimates and forecast by sales channel, 2017 – 2027
8.2.7 Canada
8.2.7.1 Market estimates and forecast, 2017 - 2027
8.2.7.2 Market estimates and forecast by vehicle, 2017 - 2027
8.2.7.3 Market estimates and forecast by application, 2017 - 2027
8.2.7.4 Market estimates and forecast by seal type, 2017 – 2027
8.2.7.5 Market estimates and forecast by sales channel, 2017 – 2027
8.3 Europe
8.3.1 Market estimates and forecast, 2017 - 2027
8.3.2 Market estimates and forecast by vehicle, 2017 - 2027
8.3.3 Market estimates and forecast by application, 2017 - 2027
8.3.4 Market estimates and forecast by seal type, 2017 – 2027
8.3.5 Market estimates and forecast by sales channel, 2017 – 2027
8.3.6 Germany
8.3.6.1 Market estimates and forecast, 2017 - 2027
8.3.6.2 Market estimates and forecast by vehicle, 2017 - 2027
8.3.6.3 Market estimates and forecast by application, 2017 - 2027
8.3.6.4 Market estimates and forecast by seal type, 2017 – 2027
8.3.6.5 Market estimates and forecast by sales channel, 2017 – 2027
8.3.7 France
8.3.7.1 Market estimates and forecast, 2017 - 2027
8.3.7.2 Market estimates and forecast by vehicle, 2017 - 2027
8.3.7.3 Market estimates and forecast by application, 2017 - 2027
8.3.7.4 Market estimates and forecast by seal type, 2017 – 2027
8.3.7.5 Market estimates and forecast by sales channel, 2017 – 2027
8.3.8 Italy
8.3.8.1 Market estimates and forecast, 2017 - 2027
8.3.8.2 Market estimates and forecast by vehicle, 2017 - 2027
8.3.8.3 Market estimates and forecast by application, 2017 - 2027
8.3.8.4 Market estimates and forecast by seal type, 2017 – 2027
8.3.8.5 Market estimates and forecast by sales channel, 2017 – 2027
8.3.9 Spain
8.3.9.1 Market estimates and forecast, 2017 - 2027
8.3.9.2 Market estimates and forecast by vehicle, 2017 - 2027
8.3.9.3 Market estimates and forecast by application, 2017 - 2027
8.3.9.4 Market estimates and forecast by seal type, 2017 – 2027
8.3.9.5 Market estimates and forecast by sales channel, 2017 – 2027
8.3.10 U.K
8.3.10.1 Market estimates and forecast, 2017 - 2027
8.3.10.2 Market estimates and forecast by vehicle, 2017 - 2027
8.3.10.3 Market estimates and forecast by application, 2017 - 2027
8.3.10.4 Market estimates and forecast by seal type, 2017 – 2027
8.3.10.5 Market estimates and forecast by sales channel, 2017 – 2027
8.3.11 Russia
8.3.11.1 Market estimates and forecast, 2017 - 2027
8.3.11.2 Market estimates and forecast by vehicle, 2017 - 2027
8.3.11.3 Market estimates and forecast by application, 2017 - 2027
8.3.11.4 Market estimates and forecast by seal type, 2017 – 2027
8.3.11.5 Market estimates and forecast by sales channel, 2017 – 2027
8.3.12 Poland
8.3.12.1 Market estimates and forecast, 2017 - 2027
8.3.12.2 Market estimates and forecast by vehicle, 2017 - 2027
8.3.12.3 Market estimates and forecast by application, 2017 - 2027
8.3.12.4 Market estimates and forecast by seal type, 2017 – 2027
8.3.12.5 Market estimates and forecast by sales channel, 2017 – 2027
8.3.13 Netherlands
8.3.13.1 Market estimates and forecast, 2017 - 2027
8.3.13.2 Market estimates and forecast by vehicle, 2017 - 2027
8.3.13.3 Market estimates and forecast by application, 2017 - 2027
8.3.13.4 Market estimates and forecast by seal type, 2017 – 2027
8.3.13.5 Market estimates and forecast by sales channel, 2017 – 2027
8.4 Asia Pacific
8.4.1 Market estimates and forecast, 2017 - 2027
8.4.2 Market estimates and forecast by vehicle, 2017 - 2027
8.4.3 Market estimates and forecast by application, 2017 - 2027
8.4.4 Market estimates and forecast by seal type, 2017 – 2027
8.4.5 Market estimates and forecast by sales channel, 2017 – 2027
8.4.6 China
8.4.6.1 Market estimates and forecast, 2017 - 2027
8.4.6.2 Market estimates and forecast by vehicle, 2017 - 2027
8.4.6.3 Market estimates and forecast by application, 2017 - 2027
8.4.6.4 Market estimates and forecast by seal type, 2017 – 2027
8.4.6.5 Market estimates and forecast by sales channel, 2017 – 2027
8.4.7 India
8.4.7.1 Market estimates and forecast, 2017 - 2027
8.4.7.2 Market estimates and forecast by vehicle, 2017 - 2027
8.4.7.3 Market estimates and forecast by application, 2017 - 2027
8.4.7.4 Market estimates and forecast by seal type, 2017 – 2027
8.4.7.5 Market estimates and forecast by sales channel, 2017 – 2027
8.4.8 Japan
8.4.8.1 Market estimates and forecast, 2017 - 2027
8.4.8.2 Market estimates and forecast by vehicle, 2017 - 2027
8.4.8.3 Market estimates and forecast by application, 2017 - 2027
8.4.8.4 Market estimates and forecast by seal type, 2017 – 2027
8.4.8.5 Market estimates and forecast by sales channel, 2017 – 2027
8.4.9 South Korea
8.4.9.1 Market estimates and forecast, 2017 - 2027
8.4.9.2 Market estimates and forecast by vehicle, 2017 - 2027
8.4.9.3 Market estimates and forecast by application, 2017 - 2027
8.4.9.4 Market estimates and forecast by seal type, 2017 – 2027
8.4.9.5 Market estimates and forecast by sales channel, 2017 – 2027
8.4.10 Malaysia
8.4.10.1 Market estimates and forecast, 2017 - 2027
8.4.10.2 Market estimates and forecast by vehicle, 2017 - 2027
8.4.10.3 Market estimates and forecast by application, 2017 - 2027
8.4.10.4 Market estimates and forecast by seal type, 2017 – 2027
8.4.10.5 Market estimates and forecast by sales channel, 2017 – 2027
8.4.11 Indonesia
8.4.11.1 Market estimates and forecast, 2017 - 2027
8.4.11.2 Market estimates and forecast by vehicle, 2017 - 2027
8.4.11.3 Market estimates and forecast by application, 2017 - 2027
8.4.11.4 Market estimates and forecast by seal type, 2017 – 2027
8.4.11.5 Market estimates and forecast by sales channel, 2017 – 2027
8.5 Latin America
8.5.1.1 Market estimates and forecast, 2017 - 2027
8.5.1.2 Market estimates and forecast by vehicle, 2017 - 2027
8.5.1.3 Market estimates and forecast by application, 2017 - 2027
8.5.1.4 Market estimates and forecast by seal type, 2017 – 2027
8.5.1.5 Market estimates and forecast by sales channel, 2017 – 2027
8.5.2 Brazil
8.5.2.1 Market estimates and forecast, 2017 - 2027
8.5.2.2 Market estimates and forecast by vehicle, 2017 - 2027
8.5.2.3 Market estimates and forecast by application, 2017 - 2027
8.5.2.4 Market estimates and forecast by seal type, 2017 – 2027
8.5.2.5 Market estimates and forecast by sales channel, 2017 – 2027
8.5.3 Mexico
8.5.3.1 Market estimates and forecast, 2017 - 2027
8.5.3.2 Market estimates and forecast by vehicle, 2017 - 2027
8.5.3.3 Market estimates and forecast by application, 2017 - 2027
8.5.3.4 Market estimates and forecast by seal type, 2017 – 2027
8.5.3.5 Market estimates and forecast by sales channel, 2017 – 2027
8.5.4 Argentina
8.5.4.1 Market estimates and forecast, 2017 - 2027
8.5.4.2 Market estimates and forecast by vehicle, 2017 - 2027
8.5.4.3 Market estimates and forecast by application, 2017 - 2027
8.5.4.4 Market estimates and forecast by seal type, 2017 – 2027
8.5.4.5 Market estimates and forecast by sales channel, 2017 – 2027
8.6 Middle East & Africa
8.6.1 Market estimates and forecast, 2017 - 2027
8.6.2 Market estimates and forecast by vehicle, 2017 - 2027
8.6.3 Market estimates and forecast by application, 2017 - 2027
8.6.4 Market estimates and forecast by seal type, 2017 – 2027
8.6.5 Market estimates and forecast by sales channel, 2017 – 2027
8.6.6 Turkey
8.6.6.1 Market estimates and forecast, 2017 - 2027
8.6.6.2 Market estimates and forecast by vehicle, 2017 - 2027
8.6.6.3 Market estimates and forecast by application, 2017 - 2027
8.6.6.4 Market estimates and forecast by seal type, 2017 – 2027
8.6.6.5 Market estimates and forecast by sales channel, 2017 – 2027
8.6.7 UAE
8.6.7.1 Market estimates and forecast, 2017 - 2027
8.6.7.2 Market estimates and forecast by vehicle, 2017 - 2027
8.6.7.3 Market estimates and forecast by application, 2017 - 2027
8.6.7.4 Market estimates and forecast by seal type, 2017 – 2027
8.6.7.5 Market estimates and forecast by sales channel, 2017 – 2027
8.6.8 South Africa
8.6.8.1 Market estimates and forecast, 2017 - 2027
8.6.8.2 Market estimates and forecast by vehicle, 2017 - 2027
8.6.8.3 Market estimates and forecast by application, 2017 - 2027
8.6.8.4 Market estimates and forecast by seal type, 2017 – 2027
8.6.8.5 Market estimates and forecast by sales channel, 2017 – 2027
Chapter 9 Company Profiles
9.1 SSP Manufacturing Inc.
9.1.1 Company overview
9.1.2 Financial information
9.1.3 Product offerings
9.1.4 Strategic Outlook
9.1.5 SWOT
9.2 SKF Bearings
9.2.1 Company overview
9.2.2 Financial information
9.2.3 Product offerings
9.2.4 Strategic Outlook
9.2.5 SWOT
9.3 The Timken Company
9.3.1 Company overview
9.3.2 Financial information
9.3.3 Product offerings
9.3.4 Strategic Outlook
9.3.5 SWOT
9.4 JTEKT Corporation
9.4.1 Company overview
9.4.2 Financial information
9.4.3 Product offerings
9.4.4 Strategic Outlook
9.4.5 SWOT
9.5 Clark Seals
9.5.1 Company overview
9.5.2 Financial information
9.5.3 Product offerings
9.5.4 Strategic Outlook
9.5.5 SWOT
9.6 Hutchinson
9.6.1 Company overview
9.6.2 Financial information
9.6.3 Product offerings
9.6.4 Strategic Outlook
9.6.5 SWOT
9.7 France Joint
9.7.1 Company overview
9.7.2 Financial information
9.7.3 Product offerings
9.7.4 Strategic Outlook
9.7.5 SWOT
9.8 Ashutosh Rubber Pvt. Ltd
9.8.1 Company overview
9.8.2 Financial information
9.8.3 Product offerings
9.8.4 Strategic Outlook
9.8.5 SWOT
9.9 Well Oil Seal Industrial Co., Ltd.
9.9.1 Company overview
9.9.2 Financial information
9.9.3 Product offerings
9.9.4 Strategic Outlook
9.9.5 SWOT
9.10 NSK Ltd
9.10.1 Company overview
9.10.2 Financial information
9.10.3 Product offerings
9.10.4 Strategic Outlook
9.10.5 SWOT
9.11 UMC Uchiyama Manufacturing
9.11.1 Company overview
9.11.2 Financial information
9.11.3 Product offerings
9.11.4 Strategic Outlook
9.11.5 SWOT
9.12 Schaeffler Group
9.12.1 Company overview
9.12.2 Financial information
9.12.3 Product offerings
9.12.4 Strategic Outlook
9.12.5 SWOT
9.13 NTN Corporation
9.13.1 Company overview
9.13.2 Financial information
9.13.3 Product offerings
9.13.4 Strategic Outlook
9.13.5 SWOT
9.14 C&U Group Company Limited
9.14.1 Company overview
9.14.2 Financial information
9.14.3 Product offerings
9.14.4 Strategic Outlook
9.14.5 SWOT
9.15 Freudenberg Group
9.15.1 Company overview
9.15.2 Financial information
9.15.3 Product offerings
9.15.4 Strategic Outlook
9.15.5 SWOT
9.16 Qingdao Changyu Group
9.16.1 Company overview
9.16.2 Financial information
9.16.3 Product offerings
9.16.4 Strategic Outlook
9.16.5 SWOT
9.17 Woo Sung Industrial Co., Ltd
9.17.1 Company overview
9.17.2 Financial information
9.17.3 Product offerings
9.17.4 Strategic Outlook
9.17.5 SWOT
9.18 UK Seals & Polymers Ltd
9.18.1 Company overview
9.18.2 Financial information
9.18.3 Product offerings
9.18.4 Strategic Outlook
9.18.5 SWOT
9.19 Oz Seals Pty Ltd.
9.19.1 Company overview
9.19.2 Financial information
9.19.3 Product offerings
9.19.4 Strategic Outlook
9.19.5 SWOT
9.20 Carlyle Johnson Machine Co., LLC
9.20.1 Company overview
9.20.2 Financial information
9.20.3 Product offerings
9.20.4 Strategic Outlook
9.20.5 SWOT
9.21 JK Fenner
9.21.1 Company overview
9.21.2 Financial information
9.21.3 Product offerings
9.21.4 Strategic Outlook
9.21.5 SWOT
9.22 AMSTED Industries
9.22.1 Company overview
9.22.2 Financial information
9.22.3 Product offerings
9.22.4 Strategic Outlook
9.22.5 SWOT
9.23 GMB Corporation
9.23.1 Company overview
9.23.2 Financial information
9.23.3 Product offerings
9.23.4 Strategic Outlook
9.23.5 SWOT
9.24 Wanxiang
9.24.1 Company overview
9.24.2 Financial information
9.24.3 Product offerings
9.24.4 Strategic Outlook
9.24.5 SWOT
9.25 NRB
9.25.1 Company overview
9.25.2 Financial information
9.25.3 Product offerings
9.25.4 Strategic Outlook
9.25.5 SWOT
9.26 Chang Yu
9.26.1 Company overview
9.26.2 Financial information
9.26.3 Product offerings
9.26.4 Strategic Outlook
9.26.5 SWOT
9.27 ILJIN
9.27.1 Company overview
9.27.2 Financial information
9.27.3 Product offerings
9.27.4 Strategic Outlook
9.27.5 SWOT
9.28 Baldor
9.28.1 Company overview
9.28.2 Financial information
9.28.3 Product offerings
9.28.4 Strategic Outlook
9.28.5 SWOT
9.29 RFT S.p.A.
9.29.1 Company overview
9.29.2 Financial information
9.29.3 Product offerings
9.29.4 Strategic Outlook
9.29.5 SWOT
Don't see your key competitors?
The companies listed in this report are a curated selection - not the full competitive universe.
Our market revenue calculations use a bottom-up methodology that accounts for all players across all regions - including manufacturers, distributors, and specialists not individually profiled. The profiles section spotlights strategically significant players; it does not define the scope of our market sizing.
Your competitive landscape may also include
Free customization - up to 20% of report value
Need specific data? Request customization and get the insights tailored to your exact requirements.
For inquiries regarding discounts, bulk purchases, or customization requests, please contact us at [email protected]
Starting at: $2,450
Immediate Delivery Available
Base Year: 2020
Companies Profiled: 25
Tables and Figures: 339
Countries covered: 21
Pages: 300
Download Free PDF
Base Year: 2020
Companies Profiled: 25
Tables and Figures: 339
Countries covered: 21
Pages: 300
Download Free PDF
Share Content
Add Citations
Preeti Wadhwani. 2021, November. Automotive Bearing Seals Market - By Vehicle (Passenger Cars, LCV, HCV), By Application (Engine, Differential Gears, Wheel, Steering, Water Pump, Transmissions), By Seal Type (Dust Seal, Oil Seal, Pack Seal), By Sales Channel & Forecast, 2021-2027 (Report ID: GMI5150). Global Market Insights Inc. Retrieved August 10, 2026, from https://www.gminsights.com/toc/details/automotive-bearing-seals-market

Automotive Bearing Seals Market
Get a free sample of this report
Automotive Bearing Seals Market Size
Automotive Bearing Seals Market size exceeded USD 749.9 million in 2020 and is estimated to exhibit 4.2% CAGR from 2021 to 2027. The industry demand is anticipated to cross 1,808,143.3 thousand units by 2027. Automotive bearing seals provide sealing for wheels, steering, and belt tensioners. Compounds, friction surfaces & lubricants are chosen and designed to lower energy consumption. Bearing seals protect automotive component bearings against the intrusion of foreign matter such as dust, muddy-water, or anti-freezing agents including calcium chloride even when corrosion occurs at the peripheral portions of seal fittings. Furthermore, bearing seals are operational under extreme abrasive actions, tremendous loads, severe temperature variations, and corrosive conditions.
Automobile OEM producers are developing methods to boost the efficiency of bearings and enhance their overall performance. This move will encourage automotive bearing seal manufacturers to directly supply to automotive OEM manufacturers and invest in research activities for improving the performance of bearing seals. The increasing production & sales of passenger cars, LCVs, and HCVs will drive the market growth. Moreover, technological innovations and research activities will induce immense potential in the automotive bearing seals industry demand.
Increasing range for e-vehicles
Government policies and stringent fuel efficiency & emission regulations along with increasing customer demand have enabled the Electric Vehicles (EVs) market to boom. The automobile industry is going through a technological transformation from ICE to EV. This transformation is placing new specification challenges on the use of bearings seals, thereby impacting tier one & two automotive component manufacturers and suppliers of both EVs & ICEs. EVs do not have engines and conventional transmission systems, negatively impacting the automotive bearing seals market.
Automotive Bearing Seals Market Analysis
The HCV vehicle segment is predicted to generate around USD 60 million revenue by 2027. The increasing penetration of bearing seals in luxury buses and coaches, mainly in emerging countries, will spur the industry growth. The growing road transport and logistics industries across Asia Pacific and Latin America will fuel the demand for HCVs. However, increasing requirements for HCVs due to high ground clearance and payload capacity for passengers & cargo transport in multiple terrain conditions are estimated to positively impact the market demand.
The transmission segment is expected to account for about 15% of the automotive bearing seals market share by 2027. Various types of bearings are used together in a component/ equipment. The lubricating oil in the bearing installed in transmission components gets contaminated from dust and materials that wear from gears. The bearings need to be resistant to such contaminants to ensure proper functioning. Since leakages and contaminations are major reasons for seal failures, the retention of fluids within the system and the exclusion of external contaminants are key concerns. Sealing designs include conventional shaft seals with garter springs and seals with low-friction elastomer sealing lips, depending on the applications and operating conditions.
The oil seal segment is likely to surpass more than USD 450 million by 2027. Oil seals are mostly used in transmission, steering, and gear applications. Oil seal is also referred to as dirt, fluid, or grease seal and is mostly used for retaining oil or grease in a housing or case. Oil seals close the space between moving and stationary parts in a bearing, preventing the escape of lubricants. Another critical function of an oil seal is to prevent harmful containments from entering the automotive bearings.
Europe automotive bearing seals market demand is set to reach over 350 million units by 2027. This can be primarily attributed to the large automotive production across the region. The ongoing COVID-19 pandemic slowed down the market owing to lockdowns in various European countries including the UK, France, and Italy, however, despite the forced lockdowns, the Hybrid Electric Vehicles (HEV) observed substantial growth. For instance, according to the European Automobile Manufacturers Association (ACEA) report for 2020, hybrid electric vehicles sales in Europe were about 1.1 thousand units.
Automotive Bearing Seals Market Share
Some of the key manufacturers in the industry are
The market is consolidated with the five major players accounting for more than three-fourths of the global industry. Major companies are engaged in partnerships with automotive vehicle manufacturers to gain a competitive edge over other companies. With the increasing demand for bearings in various automotive applications, many manufacturers are investing in these technologies to gain a competitive advantage. Manufacturers compete through product innovations and geographic expansion via mergers & acquisitions of smaller firms to expand their global presence.
This automotive bearing seals market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in thousand units and revenue in USD million from 2017 to 2027 for the following segments
Market, By Vehicle
Market, By Application
Market, By Seal Type
Market, By Sales Channel
The above information is provided on a regional and country basis for the following: