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Wheel Bearing-Global Market Insights and Sales Trends 2024

Wheel Bearing-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1849666

No of Pages : 126

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Synopsis
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.
Due to the high sales of global automotive market, and the increasing demand for fuel efficient, the current demand for automotive hub bearings product is relatively high worldwide. Meanwhile, the demand from China market was much higher due to the rapid development of Chinese automotive market.
The global Wheel Bearing market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Wheel Bearing in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Wheel Bearing market. Gen. 1 Bearing, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Gen. 2 Bearing segment is estimated at % CAGR for the next seven-year period.
Because there are giant multinational players like SKF, Schaeffler, NTN and NSK in this market, the concentration of global automotive hub bearings market is relatively high. Among the top automotive hub bearings players, SKF, Schaeffler, NTN and NSK are the big five players in the world, and these four companies occupied about 56% revenue market share totally in 2017, Meanwhile, there are hundreds of small scale manufacturers all over the world.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wheel Bearing, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wheel Bearing market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wheel Bearing market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wheel Bearing sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wheel Bearing covered in this report include NSK, NTN, Schaeffler, SKF, ILJIN, JTEKT, Shuanglin NTP, Wanxiang and TIMKEN, etc.
The global Wheel Bearing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NSK
NTN
Schaeffler
SKF
ILJIN
JTEKT
Shuanglin NTP
Wanxiang
TIMKEN
GMB Corporation
Nachi-Fujikoshi
C&U
Harbin Bearing
Changjiang Bearing
GKN
FKG Bearing
Wafangdian Bearing
PFI
Xiangyang Auto Bearing
Changzhou Guangyang
Xiangyang Xinghuo
Shaoguan Southeast
Global Wheel Bearing market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wheel Bearing market, Segment by Type:
Gen. 1 Bearing
Gen. 2 Bearing
Gen. 3 Bearing
Others Bearing
Global Wheel Bearing market, by Application
Passenger Vehicle
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wheel Bearing manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wheel Bearing in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Wheel Bearing Market Overview
1.1 Wheel Bearing Product Overview
1.2 Wheel Bearing Market Segment by Type
1.2.1 Gen. 1 Bearing
1.2.2 Gen. 2 Bearing
1.2.3 Gen. 3 Bearing
1.2.4 Others Bearing
1.3 Global Wheel Bearing Market Size by Type
1.3.1 Global Wheel Bearing Market Size Overview by Type (2018-2029)
1.3.2 Global Wheel Bearing Historic Market Size Review by Type (2018-2023)
1.3.3 Global Wheel Bearing Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Wheel Bearing Sales Breakdown by Type (2018-2023)
1.4.2 Europe Wheel Bearing Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Wheel Bearing Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Wheel Bearing Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Wheel Bearing Sales Breakdown by Type (2018-2023)
2 Global Wheel Bearing Market Competition by Company
2.1 Global Top Players by Wheel Bearing Sales (2018-2023)
2.2 Global Top Players by Wheel Bearing Revenue (2018-2023)
2.3 Global Top Players by Wheel Bearing Price (2018-2023)
2.4 Global Top Manufacturers Wheel Bearing Manufacturing Base Distribution, Sales Area, Product Type
2.5 Wheel Bearing Market Competitive Situation and Trends
2.5.1 Wheel Bearing Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Wheel Bearing Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wheel Bearing as of 2022)
2.7 Date of Key Manufacturers Enter into Wheel Bearing Market
2.8 Key Manufacturers Wheel Bearing Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Wheel Bearing Status and Outlook by Region
3.1 Global Wheel Bearing Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Wheel Bearing Historic Market Size by Region
3.2.1 Global Wheel Bearing Sales in Volume by Region (2018-2023)
3.2.2 Global Wheel Bearing Sales in Value by Region (2018-2023)
3.2.3 Global Wheel Bearing Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Wheel Bearing Forecasted Market Size by Region
3.3.1 Global Wheel Bearing Sales in Volume by Region (2024-2029)
3.3.2 Global Wheel Bearing Sales in Value by Region (2024-2029)
3.3.3 Global Wheel Bearing Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Wheel Bearing by Application
4.1 Wheel Bearing Market Segment by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.2 Global Wheel Bearing Market Size by Application
4.2.1 Global Wheel Bearing Market Size Overview by Application (2018-2029)
4.2.2 Global Wheel Bearing Historic Market Size Review by Application (2018-2023)
4.2.3 Global Wheel Bearing Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Wheel Bearing Sales Breakdown by Application (2018-2023)
4.3.2 Europe Wheel Bearing Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Wheel Bearing Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Wheel Bearing Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Wheel Bearing Sales Breakdown by Application (2018-2023)
5 North America Wheel Bearing by Country
5.1 North America Wheel Bearing Historic Market Size by Country
5.1.1 North America Wheel Bearing Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Wheel Bearing Sales in Volume by Country (2018-2023)
5.1.3 North America Wheel Bearing Sales in Value by Country (2018-2023)
5.2 North America Wheel Bearing Forecasted Market Size by Country
5.2.1 North America Wheel Bearing Sales in Volume by Country (2024-2029)
5.2.2 North America Wheel Bearing Sales in Value by Country (2024-2029)
6 Europe Wheel Bearing by Country
6.1 Europe Wheel Bearing Historic Market Size by Country
6.1.1 Europe Wheel Bearing Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Wheel Bearing Sales in Volume by Country (2018-2023)
6.1.3 Europe Wheel Bearing Sales in Value by Country (2018-2023)
6.2 Europe Wheel Bearing Forecasted Market Size by Country
6.2.1 Europe Wheel Bearing Sales in Volume by Country (2024-2029)
6.2.2 Europe Wheel Bearing Sales in Value by Country (2024-2029)
7 Asia-Pacific Wheel Bearing by Region
7.1 Asia-Pacific Wheel Bearing Historic Market Size by Region
7.1.1 Asia-Pacific Wheel Bearing Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Wheel Bearing Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Wheel Bearing Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Wheel Bearing Forecasted Market Size by Region
7.2.1 Asia-Pacific Wheel Bearing Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Wheel Bearing Sales in Value by Region (2024-2029)
8 Latin America Wheel Bearing by Country
8.1 Latin America Wheel Bearing Historic Market Size by Country
8.1.1 Latin America Wheel Bearing Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Wheel Bearing Sales in Volume by Country (2018-2023)
8.1.3 Latin America Wheel Bearing Sales in Value by Country (2018-2023)
8.2 Latin America Wheel Bearing Forecasted Market Size by Country
8.2.1 Latin America Wheel Bearing Sales in Volume by Country (2024-2029)
8.2.2 Latin America Wheel Bearing Sales in Value by Country (2024-2029)
9 Middle East and Africa Wheel Bearing by Country
9.1 Middle East and Africa Wheel Bearing Historic Market Size by Country
9.1.1 Middle East and Africa Wheel Bearing Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Wheel Bearing Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Wheel Bearing Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Wheel Bearing Forecasted Market Size by Country
9.2.1 Middle East and Africa Wheel Bearing Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Wheel Bearing Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 NSK
10.1.1 NSK Company Information
10.1.2 NSK Introduction and Business Overview
10.1.3 NSK Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.1.4 NSK Wheel Bearing Products Offered
10.1.5 NSK Recent Development
10.2 NTN
10.2.1 NTN Company Information
10.2.2 NTN Introduction and Business Overview
10.2.3 NTN Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.2.4 NTN Wheel Bearing Products Offered
10.2.5 NTN Recent Development
10.3 Schaeffler
10.3.1 Schaeffler Company Information
10.3.2 Schaeffler Introduction and Business Overview
10.3.3 Schaeffler Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Schaeffler Wheel Bearing Products Offered
10.3.5 Schaeffler Recent Development
10.4 SKF
10.4.1 SKF Company Information
10.4.2 SKF Introduction and Business Overview
10.4.3 SKF Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.4.4 SKF Wheel Bearing Products Offered
10.4.5 SKF Recent Development
10.5 ILJIN
10.5.1 ILJIN Company Information
10.5.2 ILJIN Introduction and Business Overview
10.5.3 ILJIN Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ILJIN Wheel Bearing Products Offered
10.5.5 ILJIN Recent Development
10.6 JTEKT
10.6.1 JTEKT Company Information
10.6.2 JTEKT Introduction and Business Overview
10.6.3 JTEKT Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.6.4 JTEKT Wheel Bearing Products Offered
10.6.5 JTEKT Recent Development
10.7 Shuanglin NTP
10.7.1 Shuanglin NTP Company Information
10.7.2 Shuanglin NTP Introduction and Business Overview
10.7.3 Shuanglin NTP Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shuanglin NTP Wheel Bearing Products Offered
10.7.5 Shuanglin NTP Recent Development
10.8 Wanxiang
10.8.1 Wanxiang Company Information
10.8.2 Wanxiang Introduction and Business Overview
10.8.3 Wanxiang Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Wanxiang Wheel Bearing Products Offered
10.8.5 Wanxiang Recent Development
10.9 TIMKEN
10.9.1 TIMKEN Company Information
10.9.2 TIMKEN Introduction and Business Overview
10.9.3 TIMKEN Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.9.4 TIMKEN Wheel Bearing Products Offered
10.9.5 TIMKEN Recent Development
10.10 GMB Corporation
10.10.1 GMB Corporation Company Information
10.10.2 GMB Corporation Introduction and Business Overview
10.10.3 GMB Corporation Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.10.4 GMB Corporation Wheel Bearing Products Offered
10.10.5 GMB Corporation Recent Development
10.11 Nachi-Fujikoshi
10.11.1 Nachi-Fujikoshi Company Information
10.11.2 Nachi-Fujikoshi Introduction and Business Overview
10.11.3 Nachi-Fujikoshi Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Nachi-Fujikoshi Wheel Bearing Products Offered
10.11.5 Nachi-Fujikoshi Recent Development
10.12 C&U
10.12.1 C&U Company Information
10.12.2 C&U Introduction and Business Overview
10.12.3 C&U Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.12.4 C&U Wheel Bearing Products Offered
10.12.5 C&U Recent Development
10.13 Harbin Bearing
10.13.1 Harbin Bearing Company Information
10.13.2 Harbin Bearing Introduction and Business Overview
10.13.3 Harbin Bearing Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Harbin Bearing Wheel Bearing Products Offered
10.13.5 Harbin Bearing Recent Development
10.14 Changjiang Bearing
10.14.1 Changjiang Bearing Company Information
10.14.2 Changjiang Bearing Introduction and Business Overview
10.14.3 Changjiang Bearing Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Changjiang Bearing Wheel Bearing Products Offered
10.14.5 Changjiang Bearing Recent Development
10.15 GKN
10.15.1 GKN Company Information
10.15.2 GKN Introduction and Business Overview
10.15.3 GKN Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.15.4 GKN Wheel Bearing Products Offered
10.15.5 GKN Recent Development
10.16 FKG Bearing
10.16.1 FKG Bearing Company Information
10.16.2 FKG Bearing Introduction and Business Overview
10.16.3 FKG Bearing Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.16.4 FKG Bearing Wheel Bearing Products Offered
10.16.5 FKG Bearing Recent Development
10.17 Wafangdian Bearing
10.17.1 Wafangdian Bearing Company Information
10.17.2 Wafangdian Bearing Introduction and Business Overview
10.17.3 Wafangdian Bearing Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Wafangdian Bearing Wheel Bearing Products Offered
10.17.5 Wafangdian Bearing Recent Development
10.18 PFI
10.18.1 PFI Company Information
10.18.2 PFI Introduction and Business Overview
10.18.3 PFI Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.18.4 PFI Wheel Bearing Products Offered
10.18.5 PFI Recent Development
10.19 Xiangyang Auto Bearing
10.19.1 Xiangyang Auto Bearing Company Information
10.19.2 Xiangyang Auto Bearing Introduction and Business Overview
10.19.3 Xiangyang Auto Bearing Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Xiangyang Auto Bearing Wheel Bearing Products Offered
10.19.5 Xiangyang Auto Bearing Recent Development
10.20 Changzhou Guangyang
10.20.1 Changzhou Guangyang Company Information
10.20.2 Changzhou Guangyang Introduction and Business Overview
10.20.3 Changzhou Guangyang Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Changzhou Guangyang Wheel Bearing Products Offered
10.20.5 Changzhou Guangyang Recent Development
10.21 Xiangyang Xinghuo
10.21.1 Xiangyang Xinghuo Company Information
10.21.2 Xiangyang Xinghuo Introduction and Business Overview
10.21.3 Xiangyang Xinghuo Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Xiangyang Xinghuo Wheel Bearing Products Offered
10.21.5 Xiangyang Xinghuo Recent Development
10.22 Shaoguan Southeast
10.22.1 Shaoguan Southeast Company Information
10.22.2 Shaoguan Southeast Introduction and Business Overview
10.22.3 Shaoguan Southeast Wheel Bearing Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Shaoguan Southeast Wheel Bearing Products Offered
10.22.5 Shaoguan Southeast Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Wheel Bearing Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Wheel Bearing Industrial Chain Analysis
11.4 Wheel Bearing Market Dynamics
11.4.1 Wheel Bearing Industry Trends
11.4.2 Wheel Bearing Market Drivers
11.4.3 Wheel Bearing Market Challenges
11.4.4 Wheel Bearing Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Wheel Bearing Distributors
12.3 Wheel Bearing Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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