According to the recent study the automotive bearing market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 6% to 8% from 2023 to 2028. Growth in this market is primarily driven by increasing focus of OEMs toward reduction of vehicle weight, rise in automobile production along with sales and increasing demand for technologically advanced solutions.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in automotive bearing market by bearing type (ball bearing, roller bearing, and plain bearing), vehicle type (passenger car, commercial vehicle, and two-wheeler), distribution channel (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking on below link https://www.lucintel.com/automotive-bearing-market.aspx

“Ball bearing market is expected to remain the largest segment during the forecast period.”
Based on bearing type, the automotive bearing market is segmented into ball bearing, roller bearing, and plain bearing. Lucintel forecasts that the ball bearing market is expected to remain the largest segment due to as ball bearing possess the ability to rotate at high speed and the ability to withstand light to medium load, and these are primarily used in electric vehicles.
“Within the automotive bearing market, the passenger car segment is expected to remain the largest vehicle type”
Based on vehicle type the passenger car segment is expected to witness the highest growth over the forecast period due to increasing the production volumes of passenger vehicles and rising demand from developing countries.
“Asia pacific will dominate the automotive bearing market in near future”
APAC will remain the largest region due to growth in production of vehicles, increase in average vehicular age, and introduction of various new vehicle models.
Download Brochure of this report by clicking on https://www.lucintel.com/automotive-bearing-market.aspx
Major players of automotive bearing market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. ILJIN co., JTEKT Corporation, Nippon Thompson, NSK, NTN Corporation, RBC Bearings, Schaeffler AG, SKF, THK CO., and The Timken Company are among the major automotive bearing providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-bearing-market.aspx or [email protected]