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.
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.
The global Wheel Bearing market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Wheel Bearing volume and value at global level, regional level and company level. From a global perspective, this report represents overall Wheel Bearing market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Wheel Bearing in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Wheel Bearing manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
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
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Gen. 1 Bearing
Gen. 2 Bearing
Gen. 3 Bearing
Other Bearing
Segment by Application
Passenger Vehicle
Commercial Vehicle
Summary:
Get latest Market Research Reports on Wheel Bearing. Industry analysis & Market Report on Wheel Bearing is a syndicated market report, published as Global Wheel Bearing Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Wheel Bearing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.