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Global Industry Hub. (Oct, 2024). Cylindrical Roller Bearing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2032) Global Industry Hub. Retrieved
Report ID: GIH 1095 | Oct 2024 | Format:
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Global Industry Hub. (Oct, 2024). Cylindrical Roller Bearing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2032) Global Industry Hub. Retrieved
The Cylindrical Roller Bearing Market size was valued at US$ 29.38 Bn in 2025, it is estimated to grow at a CAGR of 6.72% from 2025 to 2032 and reach US$ 45.54 Bn by the end of 2032. The automation of various industries creates an appetite for accurate engineered parts like cylindrical roller bearings. In automated industrial processes where dependability, accuracy, and efficiency rank top, such bearings have become indispensable.
Estimated at a few billion dollars, the market for cylindrical roller bearings had a moderate growth rate ahead of it in the next couple of years. These were thought to be primarily because of increasing demand from a number of industries for use in heavy machinery, construction, aerospace, and automotive applications. More industrialization, especially amongst developing countries that heavily require lots of heavy machinery and equipment, found usage for such bearings.
Cylindrical roller bearings are used in large scale in the automobile sector. They are found majorly in automobile wheels, engines, and transmission arrangements. Global production and sales of vehicles are increasing with every passing day, and it is awakening the demand for bearings. To make the cylindrical roller bearings offer higher lifespans and performances, the producers emphasized novel materials, sophisticated lubrication techniques, and precision engineering. Another driving force of the growth in the market was the replacement demand that was generated by the wear and tear on the installed gear and equipment.
Despite a largely promising outlook for the market, various factors including aggressive competition, volatile raw material prices, and the predominance of counterfeit goods weighed on the profitability of businesses. The presence of crucial manufacturing hubs like Japan, India, and China meant that this region was rapidly becoming a hotbed for growth, particularly driven by the automobile boom, rapid industrialization, and infrastructure development.
Expansions in areas including automotive, aerospace, rail, and machinery, which are highly dependent on equipment that utilizes cylindrical roller bearings
Some of the major players functioning in the cylindrical roller bearing industry include:
Type Segment
Single row cylindrical roller segment held the largest share in the cylindrical roller bearing market in 2024. Single row cylindrical roller bearings have the highest significance in the cylindrical roller bearing market. Due to its high speed operation as well as bearing of big radius loads, the segment has the potential to serve as highly crucial parts of a variety of industrial applications, such as machinery, automotive and aerospace. Single row type bearings find high usage due to its cost-effectiveness, dependability, and versatility.
While the manufacturers constantly keep developing with a focus on meeting changed demands of various industries, for example, by enhancing designs, materials, and techniques in manufacture, single-row cylindrical roller bearings is an indispensable item in the rolling cylindrical roller bearing industry. They ensure smooth operation, support industrial applications, and improve overall machinery performance and dependability.
Application Segment
Cylindrical roller bearings market was dominated in the year 2024 by the automotive segment. The automotive sector is where the cylindrical roller bearings market falls as a component sector. Actually, with electric vehicles increasingly dominating the market, even more opportunities are created for use of cylindrical roller bearings. A high-performance bearing is necessary in supporting electric drivetrains for EVs and ensuring that parts such as electric motors and powertrains run efficiently.
The cylindrical roller bearing market is likely to experience high growth during the forecast period in machinery. Cylindrical roller bearings are precision-made in computer numerical control (CNC) machinery. The bearing components are formed through high-precision machining centers and CNC lathes. The mechanical properties of the bearing components, such as toughness and hardness, are improved through heat treatment. Case hardening, tempering, and quenching are some of the furnace’s procedures.
Report Coverage | Details |
---|---|
Base Year | 2024 |
Base Year Value | USD 27.57 billion |
Forecast Value | USD 45.54 billion |
CAGR | CAGR of 6.72% |
Forecast Period | 2025-2032 |
Historical Data | 2020-2024 |
Largest Market | Asia Pacific |
Fastest Growing Market | North America |
Segments Covered | Type, Application, and Regions |
Region Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
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Driver
Rising demand for high-speed applications.
One of the reasons that industry demand and technical improvements are changing so drastically in the market for cylindrical roller bearings is the rising demand for high-speed applications. High-speed operations become highly frequent within the industries of automotive, aircraft, machinery, and industrial equipment involving cylindrical roller bearings. Industry 4.0 practice with the increasing automation in many industries to raise productivity and efficiency requires faster machine and equipment operations.
The necessity for high-speed machinery and equipment arises on account of the continuing process of industrialization of emerging nations and the international growth in manufacturing processes. The increase in demand for electric automobiles and improvement in automobile technology will be responsible for the growth of the market for high-speed applications especially in the automobile sector.
Restraint
Slowing-down in the infrastructure development process
Undoubtedly, the stagnation of any infrastructure project will indirectly affect several industries and hence the cylindrical roller bearing market. Cylindrical roller bearings form an integral part of several industrial machines, automobiles, and machines. They are mainly used for the rotation and smooth functioning of machines for maximum efficiency. Heavy machines and equipment used in infrastructure projects employ cylindrical roller bearings quite frequently.
A slowdown in infrastructure development would mean lesser demand of such machineries, hence reducing the market demand of the cylindrical roller bearings. Due to stoppage in the development of infrastructure, it will delay the delivery of parts like cylindrical roller bearings, and this will affect the suppliers and manufacturers.
Opportunity
Renewable Energy
The companies can add renewable sources into their production systems in cylindrical roller bearings. They can fit biomass heating and electricity systems, obtain electricity from wind turbines, or provide their buildings with solar-powered electricity. Companies can even have electric vehicles recharged with renewable energy as a means of transporting the goods and minimize the carbon footprint linked to logistics.
An increasing demand for cylindrical roller bearing market usage through renewable energy is seen given growing time over consumer's and business interests in such sustainable practices. A switch to renewable energy could also be done cost-effectively in the long run as, for example, cost of energy is relatively lower and possibly accompanied by incentives or tax breaks in the adoption of renewable energy.
Asia Pacific region accounted for the largest share in the cylindrical roller bearings market in 2024. This was on account of various factors including industrialization, urbanization, and infrastructural development, of countries like China, India, Japan, and South Korea, among others. These bearings are highly used by several industries like automotive, manufacturing, construction, and mining sectors.
China is one of the world's major industrial centers and exerts a great influence in the growth of the Asia Pacific cylindrical roller bearing market. In the Chinese automotive and other related industries have grown significantly and thus the demand for cylindrical roller bearings has increased. The region has increased machinery and automation in many sectors and hence the demand for cylindrical roller bearings has increased.
North America is expected to show the strongest growth in the cylindrical roller bearing market during the foreseeable future. From industrial growth, technological advancement to demand from a variety of industries-from the automotive, aerospace, to the machinery manufacturing sector-plays a multiple role in influencing the cylindrical roller bearing market in North America. Due to their large radial load capacity and relatively low friction, these bearings comprise the backbone of many different applications.
Part Covered by this Report
By Type
By Application
By Geography
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19 Oct 2024 This Report Contains the Latest Market Numbers, Statistics & Data Aavailable