Needle Roller Bearings Market Report 2026

The needle roller bearings market size has grown strongly in recent years. It will grow from $5.19 billion in 2025 to $5.51 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to growth in automotive manufacturing, expansion of industrial machinery usage, demand for compact mechanical components, increased adoption of power transmission systems, advancements in bearing manufacturing technologies.

The needle roller bearings market size is expected to see strong growth in the next few years. It will grow to $7.01 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to growth in electric vehicle production, increasing demand for high precision machinery, expansion of robotics and automation, rising adoption of lightweight mechanical designs, focus on energy efficient rotating equipment. Major trends in the forecast period include increasing demand for compact high load bearing components, rising adoption of precision needle roller bearings, growing use of bearings in space constrained machinery, expansion of high speed and high performance bearing applications, increasing focus on reduced friction and extended bearing life.

The increasing popularity of electric vehicles (EVs) is anticipated to boost the growth of the needle roller bearings market in the coming years. Electric vehicles are powered by electric motors that utilize energy stored in rechargeable batteries, as opposed to traditional internal combustion engines. They provide environmentally friendly transportation by emitting no pollutants during operation. The surge in electric vehicle adoption can be attributed to factors such as sustainable transportation, energy efficiency, reduced operating costs, lower noise pollution, and advanced smart charging solutions. Needle roller bearings play a crucial role in electric vehicles by minimizing friction, supporting high loads, and improving the efficiency and compactness of essential components such as electric motors and transmissions. Their application contributes to optimizing vehicle performance, enhancing durability, and managing energy consumption, key elements for prolonging battery life and extending range. For example, a report from the U.S. Energy Information Administration (EIA) released in January 2024 revealed that combined sales of hybrid vehicles, plug-in hybrid electric vehicles (PHEVs), and battery electric vehicles (BEVs) accounted for 16.3% of all new light-duty vehicle (LDV) sales in the United States in 2023, a rise from 12.9% in 2022. Thus, the growing popularity of electric vehicles is driving demand in the needle roller bearings market.

Key players in the needle roller bearings market are focusing on the development of needle roller bearing units to enhance performance, reduce friction, improve load-carrying capacity, and offer durable solutions across diverse applications, including automotive, aerospace, and industrial machinery. Needle roller bearing units are pre-assembled systems that include needle roller bearings and related components, designed to deliver high load capacity while minimizing space requirements. These units are engineered to withstand the rigorous conditions of coaxial e-axles, which demand greater compactness and higher speeds, ultimately improving fuel efficiency and reducing energy costs. For instance, in June 2023, NTN Corporation, a company based in Japan, introduced a Needle Roller Bearing Unit specifically for e-axle planetary reduction gears used in electric and hybrid electric vehicles. This unit features enhancements that boost its durability against surface damage from contamination, achieving around 30% longer peeling life through optimized shaft heat treatment, and is tailored for coaxial e-Axle configurations that integrate the motor, inverter, and reduction gear into a more compact assembly.

In January 2023, Fersa Bearings SA, a Spanish company specializing in the design, manufacture, and distribution of bearing solutions, acquired Delux Bearings Pvt Ltd for an undisclosed amount. This acquisition allows Fersa to broaden its portfolio by leveraging Delux Bearings' expertise in producing needle roller bearings. Delux Bearings Pvt Ltd, located in India, is known for its needle roller bearing offerings.

Major companies operating in the needle roller bearings market are Schaeffler Group, SKF AB, NSK Ltd., NTN Corporation, JTEKT Corporation, The Timken Company, RBC Bearings Incorporated, Nippon Thompson Co. Ltd. (IKO), C&U Group, NBC Bearings Ltd., Tsubaki Nakashima Co. Ltd., Koyo Bearings (JTEKT), Hartford Technologies Inc., Rollon Group, MinebeaMitsumi Inc., Nachi-Fujikoshi Corp., ISB Industries, AST Bearings LLC, CPM Sintered Metals, Harbin Bearing Group Co. Ltd.

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

The needle roller bearings market consists of sales of drawn cup needle roller bearings, solid needle roller bearings, cage and needle roller assemblies, aligning needle roller bearings and machined needle roller 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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