Ball Bearing Market Report 2026

The ball bearing market size has grown strongly in recent years. It will grow from $43.42 billion in 2025 to $45.94 billion in 2026 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to expansion of automotive manufacturing, growth of industrial machinery production, increasing use of bearings in consumer appliances, improvements in bearing material science, rising demand for high-speed rotating equipment.

The ball bearing market size is expected to see strong growth in the next few years. It will grow to $57.05 billion in 2030 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to increasing penetration of electric mobility platforms, rising adoption of smart maintenance solutions, expansion of robotics and automation equipment, growing demand for energy-efficient components, increasing focus on extended bearing lifespan. Major trends in the forecast period include increasing demand for high-precision deep groove bearings, rising adoption of bearings in electric vehicles, growing integration of condition monitoring technologies, expansion of hybrid and ceramic ball bearings, enhanced focus on low-friction performance.

The increasing demand for electric vehicles (EVs) is expected to drive the growth of the ball bearing market going forward. An electric vehicle (EV) is powered entirely or partially by electricity. The rising number of EVs fuels demand for ball bearings, as they enhance vehicle performance by reducing friction between moving parts, enabling smoother movement with less energy. For example, in October 2025, data from the International Energy Agency (IEA), a France-based intergovernmental organization, showed that global electric car sales exceeded 17 million units in 2024, accounting for over 20% of total car sales, with an increase of 3.5 million units from the previous year, and are projected to surpass 20 million units in 2025, representing more than one-quarter of global car sales. Thus, the growing adoption of electric vehicles is boosting the ball bearing market.

Key players in the ball bearing market are focusing on innovative products, such as hybrid wheel bearings, to enhance load-handling capacity, reduce friction, and meet the evolving demands of electric and high-performance vehicles. A hybrid wheel bearing is an advanced assembly that combines different rolling element types to improve strength and efficiency beyond conventional designs. For instance, in October 2024, SKF, a Sweden-based manufacturer of bearings, seals, and motion control solutions, introduced the HBU Ball/Taper Wheel Bearing. This design is 10% lighter and reduces friction by 30% compared to standard wheel bearings, increasing the driving range for electric vehicles. Its combination of ball-and-taper elements enables it to handle heavier loads and higher speeds, making it suitable for electric vans, pickup trucks, and other demanding automotive applications.

In February 2023, Timken Company, a US-based manufacturer of bearings and power transmission products, acquired American Roller Bearing Company for an undisclosed sum. This acquisition aims to broaden Timken Company's portfolio of engineered bearings and industrial motion products. American Roller Bearing Company is a US-based manufacturer specializing in anti-friction bearings and ball bearings.

Major companies operating in the ball bearing market are NTN Bearing Corporation, The Timken Company, Schaeffler AG, Jtekt Corporation, SKF AB, LYC Bearing Corporation, NSK Ltd., Nachi Fujikoshi Corp., Myonic GmbH, Luoyang Huigong Bearing Technology Co. Ltd., ISB Industries Pvt. Ltd., THB Bearings Co. Ltd., Federal Moghul Holding Corporation, THK Company, Brammer PLC, Harbin Bearing Manufacturing Co. Ltd., HKT Bearings Ltd., NBI Bearings Europe SA, RBC Bearings Inc., Rexnord Corporation, RHP Bearings Europe Ltd., MinebeaMitsumi Inc., AST Bearings LLC, New Hampshire Ball Bearings Inc., Precision Bearings Pvt. Ltd., C&U Group Co. Ltd., CW Bearing USA Inc., General Bearing Corporation, Kinex Bearings AS, NKE Austria GmbH, RKB Europe SA, Sapporo Precision Inc., Shanghai Shi Kun Bearing Co. Ltd., Sven Wingquist AB, TMB Bearings Group Co. Ltd., Wafangdian Bearing Group Corp. Ltd., Zhejiang Tianma Bearing Co. Ltd., ZVL Slovakia AS.

Asia-Pacific was the largest region in the ball bearing market in 2025. The regions covered in the ball bearing market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ball bearing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The ball bearing market consists of sales of single-row bearings, double-row bearings, multi-row bearings. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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