The global Hub Assembly Bearing market size is expected to reach $ 10560 million by 2030, rising at a market growth of 5.6% CAGR during the forecast period (2024-2030).
The market outlook for hub bearing assemblies is positive. As the automotive industry continues to evolve, there is an increasing demand for hub bearing assemblies, especially with the rise of electric and smart vehicles. Additionally, the growing global economy is boosting car sales, which in turn drives the market for hub bearing assemblies. Furthermore, advancements in technology are continuously improving the performance and durability of hub bearing assemblies, further fueling market growth. Overall, the market outlook for hub bearing assemblies is optimistic.
A hub assembly bearing is a crucial part of the wheel assembly that connects the wheel and the axle. It is a set of steel balls (ball bearings) or tapers (tapered bearings), held together by a metal ring. It enables the wheel to rotate smoothly with a minimum of friction. One side of the bearing rotates with the wheel while the other side is fixed to the suspension. The rolling elements in bearings carry vehicle load and ensure minimal-friction rotation between the inner and outer races.
This report studies the global Hub Assembly Bearing production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Hub Assembly Bearing, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Hub Assembly Bearing that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Hub Assembly Bearing total production and demand, 2019-2030, (K Units)
Global Hub Assembly Bearing total production value, 2019-2030, (USD Million)
Global Hub Assembly Bearing production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global Hub Assembly Bearing consumption by region & country, CAGR, 2019-2030 & (K Units)
U.S. VS China: Hub Assembly Bearing domestic production, consumption, key domestic manufacturers and share
Global Hub Assembly Bearing production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (K Units)
Global Hub Assembly Bearing production by Type, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global Hub Assembly Bearing production by Application production, value, CAGR, 2019-2030, (USD Million) & (K Units).
This reports profiles key players in the global Hub Assembly Bearing market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include NTN, NSK, Schaeffler, SKF, ILJIN, Wanxiang, JTEKT, GMB Corporation and Hirschvogel, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Hub Assembly Bearing market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Hub Assembly Bearing Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Hub Assembly Bearing Market, Segmentation by Type
Gen. 1 Bearing
Gen. 2 Bearing
Gen. 3 Bearing
Others
Global Hub Assembly Bearing Market, Segmentation by Application
Private Car
Commercial Vehicle
Companies Profiled:
NTN
NSK
Schaeffler
SKF
ILJIN
Wanxiang
JTEKT
GMB Corporation
Hirschvogel
Radical
C&U
Nachi-Fujikoshi
Wafangdian Bearing
FKG Bearing
Xiangyang Auto Bearing
Changzhou Guangyang
Shuanglin NTP
ZheJiang ZhaoFeng
Changjiang Bearing
Harbin Bearing
Key Questions Answered
1. How big is the global Hub Assembly Bearing market?
2. What is the demand of the global Hub Assembly Bearing market?
3. What is the year over year growth of the global Hub Assembly Bearing market?
4. What is the production and production value of the global Hub Assembly Bearing market?
5. Who are the key producers in the global Hub Assembly Bearing market?
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Supply Summary
1.1 Hub Assembly Bearing Introduction
1.2 World Hub Assembly Bearing Supply & Forecast
1.2.1 World Hub Assembly Bearing Production Value (2019 & 2023 & 2030)
1.2.2 World Hub Assembly Bearing Production (2019-2030)
1.2.3 World Hub Assembly Bearing Pricing Trends (2019-2030)
1.3 World Hub Assembly Bearing Production by Region (Based on Production Site)
1.3.1 World Hub Assembly Bearing Production Value by Region (2019-2030)
1.3.2 World Hub Assembly Bearing Production by Region (2019-2030)
1.3.3 World Hub Assembly Bearing Average Price by Region (2019-2030)
1.3.4 North America Hub Assembly Bearing Production (2019-2030)
1.3.5 Europe Hub Assembly Bearing Production (2019-2030)
1.3.6 China Hub Assembly Bearing Production (2019-2030)
1.3.7 Japan Hub Assembly Bearing Production (2019-2030)
1.3.8 South Korea Hub Assembly Bearing Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Hub Assembly Bearing Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Hub Assembly Bearing Major Market Trends
2 Demand Summary
2.1 World Hub Assembly Bearing Demand (2019-2030)
2.2 World Hub Assembly Bearing Consumption by Region
2.2.1 World Hub Assembly Bearing Consumption by Region (2019-2024)
2.2.2 World Hub Assembly Bearing Consumption Forecast by Region (2025-2030)
2.3 United States Hub Assembly Bearing Consumption (2019-2030)
2.4 China Hub Assembly Bearing Consumption (2019-2030)
2.5 Europe Hub Assembly Bearing Consumption (2019-2030)
2.6 Japan Hub Assembly Bearing Consumption (2019-2030)
2.7 South Korea Hub Assembly Bearing Consumption (2019-2030)
2.8 ASEAN Hub Assembly Bearing Consumption (2019-2030)
2.9 India Hub Assembly Bearing Consumption (2019-2030)
3 World Hub Assembly Bearing Manufacturers Competitive Analysis
3.1 World Hub Assembly Bearing Production Value by Manufacturer (2019-2024)
3.2 World Hub Assembly Bearing Production by Manufacturer (2019-2024)
3.3 World Hub Assembly Bearing Average Price by Manufacturer (2019-2024)
3.4 Hub Assembly Bearing Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Hub Assembly Bearing Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Hub Assembly Bearing in 2023
3.5.3 Global Concentration Ratios (CR8) for Hub Assembly Bearing in 2023
3.6 Hub Assembly Bearing Market: Overall Company Footprint Analysis
3.6.1 Hub Assembly Bearing Market: Region Footprint
3.6.2 Hub Assembly Bearing Market: Company Product Type Footprint
3.6.3 Hub Assembly Bearing Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4 United States VS China VS Rest of the World
4.1 United States VS China: Hub Assembly Bearing Production Value Comparison
4.1.1 United States VS China: Hub Assembly Bearing Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Hub Assembly Bearing Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Hub Assembly Bearing Production Comparison
4.2.1 United States VS China: Hub Assembly Bearing Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Hub Assembly Bearing Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Hub Assembly Bearing Consumption Comparison
4.3.1 United States VS China: Hub Assembly Bearing Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Hub Assembly Bearing Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Hub Assembly Bearing Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Hub Assembly Bearing Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Hub Assembly Bearing Production Value (2019-2024)
4.4.3 United States Based Manufacturers Hub Assembly Bearing Production (2019-2024)
4.5 China Based Hub Assembly Bearing Manufacturers and Market Share
4.5.1 China Based Hub Assembly Bearing Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Hub Assembly Bearing Production Value (2019-2024)
4.5.3 China Based Manufacturers Hub Assembly Bearing Production (2019-2024)
4.6 Rest of World Based Hub Assembly Bearing Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Hub Assembly Bearing Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Hub Assembly Bearing Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Hub Assembly Bearing Production (2019-2024)
5 Market Analysis by Type
5.1 World Hub Assembly Bearing Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Gen. 1 Bearing
5.2.2 Gen. 2 Bearing
5.2.3 Gen. 3 Bearing
5.2.4 Others
5.3 Market Segment by Type
5.3.1 World Hub Assembly Bearing Production by Type (2019-2030)
5.3.2 World Hub Assembly Bearing Production Value by Type (2019-2030)
5.3.3 World Hub Assembly Bearing Average Price by Type (2019-2030)
6 Market Analysis by Application
6.1 World Hub Assembly Bearing Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Private Car
6.2.2 Commercial Vehicle
6.3 Market Segment by Application
6.3.1 World Hub Assembly Bearing Production by Application (2019-2030)
6.3.2 World Hub Assembly Bearing Production Value by Application (2019-2030)
6.3.3 World Hub Assembly Bearing Average Price by Application (2019-2030)
7 Company Profiles
7.1 NTN
7.1.1 NTN Details
7.1.2 NTN Major Business
7.1.3 NTN Hub Assembly Bearing Product and Services
7.1.4 NTN Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 NTN Recent Developments/Updates
7.1.6 NTN Competitive Strengths & Weaknesses
7.2 NSK
7.2.1 NSK Details
7.2.2 NSK Major Business
7.2.3 NSK Hub Assembly Bearing Product and Services
7.2.4 NSK Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 NSK Recent Developments/Updates
7.2.6 NSK Competitive Strengths & Weaknesses
7.3 Schaeffler
7.3.1 Schaeffler Details
7.3.2 Schaeffler Major Business
7.3.3 Schaeffler Hub Assembly Bearing Product and Services
7.3.4 Schaeffler Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Schaeffler Recent Developments/Updates
7.3.6 Schaeffler Competitive Strengths & Weaknesses
7.4 SKF
7.4.1 SKF Details
7.4.2 SKF Major Business
7.4.3 SKF Hub Assembly Bearing Product and Services
7.4.4 SKF Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 SKF Recent Developments/Updates
7.4.6 SKF Competitive Strengths & Weaknesses
7.5 ILJIN
7.5.1 ILJIN Details
7.5.2 ILJIN Major Business
7.5.3 ILJIN Hub Assembly Bearing Product and Services
7.5.4 ILJIN Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 ILJIN Recent Developments/Updates
7.5.6 ILJIN Competitive Strengths & Weaknesses
7.6 Wanxiang
7.6.1 Wanxiang Details
7.6.2 Wanxiang Major Business
7.6.3 Wanxiang Hub Assembly Bearing Product and Services
7.6.4 Wanxiang Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Wanxiang Recent Developments/Updates
7.6.6 Wanxiang Competitive Strengths & Weaknesses
7.7 JTEKT
7.7.1 JTEKT Details
7.7.2 JTEKT Major Business
7.7.3 JTEKT Hub Assembly Bearing Product and Services
7.7.4 JTEKT Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 JTEKT Recent Developments/Updates
7.7.6 JTEKT Competitive Strengths & Weaknesses
7.8 GMB Corporation
7.8.1 GMB Corporation Details
7.8.2 GMB Corporation Major Business
7.8.3 GMB Corporation Hub Assembly Bearing Product and Services
7.8.4 GMB Corporation Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.8.5 GMB Corporation Recent Developments/Updates
7.8.6 GMB Corporation Competitive Strengths & Weaknesses
7.9 Hirschvogel
7.9.1 Hirschvogel Details
7.9.2 Hirschvogel Major Business
7.9.3 Hirschvogel Hub Assembly Bearing Product and Services
7.9.4 Hirschvogel Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.9.5 Hirschvogel Recent Developments/Updates
7.9.6 Hirschvogel Competitive Strengths & Weaknesses
7.10 Radical
7.10.1 Radical Details
7.10.2 Radical Major Business
7.10.3 Radical Hub Assembly Bearing Product and Services
7.10.4 Radical Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.10.5 Radical Recent Developments/Updates
7.10.6 Radical Competitive Strengths & Weaknesses
7.11 C&U
7.11.1 C&U Details
7.11.2 C&U Major Business
7.11.3 C&U Hub Assembly Bearing Product and Services
7.11.4 C&U Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.11.5 C&U Recent Developments/Updates
7.11.6 C&U Competitive Strengths & Weaknesses
7.12 Nachi-Fujikoshi
7.12.1 Nachi-Fujikoshi Details
7.12.2 Nachi-Fujikoshi Major Business
7.12.3 Nachi-Fujikoshi Hub Assembly Bearing Product and Services
7.12.4 Nachi-Fujikoshi Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.12.5 Nachi-Fujikoshi Recent Developments/Updates
7.12.6 Nachi-Fujikoshi Competitive Strengths & Weaknesses
7.13 Wafangdian Bearing
7.13.1 Wafangdian Bearing Details
7.13.2 Wafangdian Bearing Major Business
7.13.3 Wafangdian Bearing Hub Assembly Bearing Product and Services
7.13.4 Wafangdian Bearing Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.13.5 Wafangdian Bearing Recent Developments/Updates
7.13.6 Wafangdian Bearing Competitive Strengths & Weaknesses
7.14 FKG Bearing
7.14.1 FKG Bearing Details
7.14.2 FKG Bearing Major Business
7.14.3 FKG Bearing Hub Assembly Bearing Product and Services
7.14.4 FKG Bearing Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.14.5 FKG Bearing Recent Developments/Updates
7.14.6 FKG Bearing Competitive Strengths & Weaknesses
7.15 Xiangyang Auto Bearing
7.15.1 Xiangyang Auto Bearing Details
7.15.2 Xiangyang Auto Bearing Major Business
7.15.3 Xiangyang Auto Bearing Hub Assembly Bearing Product and Services
7.15.4 Xiangyang Auto Bearing Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.15.5 Xiangyang Auto Bearing Recent Developments/Updates
7.15.6 Xiangyang Auto Bearing Competitive Strengths & Weaknesses
7.16 Changzhou Guangyang
7.16.1 Changzhou Guangyang Details
7.16.2 Changzhou Guangyang Major Business
7.16.3 Changzhou Guangyang Hub Assembly Bearing Product and Services
7.16.4 Changzhou Guangyang Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.16.5 Changzhou Guangyang Recent Developments/Updates
7.16.6 Changzhou Guangyang Competitive Strengths & Weaknesses
7.17 Shuanglin NTP
7.17.1 Shuanglin NTP Details
7.17.2 Shuanglin NTP Major Business
7.17.3 Shuanglin NTP Hub Assembly Bearing Product and Services
7.17.4 Shuanglin NTP Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.17.5 Shuanglin NTP Recent Developments/Updates
7.17.6 Shuanglin NTP Competitive Strengths & Weaknesses
7.18 ZheJiang ZhaoFeng
7.18.1 ZheJiang ZhaoFeng Details
7.18.2 ZheJiang ZhaoFeng Major Business
7.18.3 ZheJiang ZhaoFeng Hub Assembly Bearing Product and Services
7.18.4 ZheJiang ZhaoFeng Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.18.5 ZheJiang ZhaoFeng Recent Developments/Updates
7.18.6 ZheJiang ZhaoFeng Competitive Strengths & Weaknesses
7.19 Changjiang Bearing
7.19.1 Changjiang Bearing Details
7.19.2 Changjiang Bearing Major Business
7.19.3 Changjiang Bearing Hub Assembly Bearing Product and Services
7.19.4 Changjiang Bearing Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.19.5 Changjiang Bearing Recent Developments/Updates
7.19.6 Changjiang Bearing Competitive Strengths & Weaknesses
7.20 Harbin Bearing
7.20.1 Harbin Bearing Details
7.20.2 Harbin Bearing Major Business
7.20.3 Harbin Bearing Hub Assembly Bearing Product and Services
7.20.4 Harbin Bearing Hub Assembly Bearing Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.20.5 Harbin Bearing Recent Developments/Updates
7.20.6 Harbin Bearing Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 Hub Assembly Bearing Industry Chain
8.2 Hub Assembly Bearing Upstream Analysis
8.2.1 Hub Assembly Bearing Core Raw Materials
8.2.2 Main Manufacturers of Hub Assembly Bearing Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Hub Assembly Bearing Production Mode
8.6 Hub Assembly Bearing Procurement Model
8.7 Hub Assembly Bearing Industry Sales Model and Sales Channels
8.7.1 Hub Assembly Bearing Sales Model
8.7.2 Hub Assembly Bearing Typical Customers
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
NTN
NSK
Schaeffler
SKF
ILJIN
Wanxiang
JTEKT
GMB Corporation
Hirschvogel
Radical
C&U
Nachi-Fujikoshi
Wafangdian Bearing
FKG Bearing
Xiangyang Auto Bearing
Changzhou Guangyang
Shuanglin NTP
ZheJiang ZhaoFeng
Changjiang Bearing
Harbin Bearing
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*If Applicable.