The global market for Wind Power Bearings was valued at US$ 6517 million in the year 2024 and is projected to reach a revised size of US$ 9674 million by 2031, growing at a CAGR of 5.9% during the forecast period.
Wind power bearings are critical components used in wind turbines to ensure smooth, reliable operation under high loads and varying environmental conditions. These bearings support the turbine's main shaft, gearbox, generator, and other rotating components, helping to maximize efficiency and reduce maintenance costs.
On April 16, 2024, the Global Wind Energy Council (GWEC) released the Global Wind Energy Report 2024 in Abu Dhabi. The report shows that in 2023, the world's new wind power installed capacity reached a record 117GW, the best year ever. Despite the turbulent political and macroeconomic environment, the wind power industry is entering a new era of accelerated growth, as reflected in the historic COP28's goal of doubling renewable energy by 2030.
Global Wind Power Bearings key players include SCHAEFFLER AG, SKF GROUP, NTN Corporation, etc. Global top 3 manufacturers hold a share over 46%. China is the largest market, with a share about 54%, followed by North America, and Europe, both have a share about 35 percent. In terms of product, Accelerating Engine Bearing is the largest segment, with a share over 70%. And in terms of application, the largest application is Onshore.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Wind Power Bearings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wind Power Bearings.
The Wind Power Bearings market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Wind Power Bearings market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wind Power Bearings manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SCHAEFFLER AG
SKF GROUP
NTN Corporation
JTEKT Corporation
NSK
The Timken Company
ThyssenKrupp AG
Zwz Bearing
Luoyang LYC Precision Bearing
Jingye Bearing
Luoyang Xinqianglian Slewing Bearing
Zhejiang Tianma Bearing Group
Dalian Metallurgical Bearing
Luoyang Xinneng Bearing Manufacturing
Luoyang Bearing Research Institute
by Type
Main Shaft Bearing
Yaw and Variable Paddle Bearings
Accelerating Engine Bearing
by Application
Onshore
Offshore
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Wind Power Bearings manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Wind Power Bearings by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Wind Power Bearings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Wind Power Bearings Market Overview
1.1 Product Definition
1.2 Wind Power Bearings by Type
1.2.1 Global Wind Power Bearings Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Main Shaft Bearing
1.2.3 Yaw and Variable Paddle Bearings
1.2.4 Accelerating Engine Bearing
1.3 Wind Power Bearings by Application
1.3.1 Global Wind Power Bearings Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Market Growth Prospects
1.4.1 Global Wind Power Bearings Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Wind Power Bearings Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Wind Power Bearings Production Estimates and Forecasts (2020-2031)
1.4.4 Global Wind Power Bearings Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Wind Power Bearings Production Market Share by Manufacturers (2020-2025)
2.2 Global Wind Power Bearings Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Wind Power Bearings, Industry Ranking, 2023 VS 2024
2.4 Global Wind Power Bearings Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Wind Power Bearings Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Wind Power Bearings, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Wind Power Bearings, Product Offered and Application
2.8 Global Key Manufacturers of Wind Power Bearings, Date of Enter into This Industry
2.9 Wind Power Bearings Market Competitive Situation and Trends
2.9.1 Wind Power Bearings Market Concentration Rate
2.9.2 Global 5 and 10 Largest Wind Power Bearings Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Wind Power Bearings Production by Region
3.1 Global Wind Power Bearings Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Wind Power Bearings Production Value by Region (2020-2031)
3.2.1 Global Wind Power Bearings Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Wind Power Bearings by Region (2026-2031)
3.3 Global Wind Power Bearings Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Wind Power Bearings Production Volume by Region (2020-2031)
3.4.1 Global Wind Power Bearings Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Wind Power Bearings by Region (2026-2031)
3.5 Global Wind Power Bearings Market Price Analysis by Region (2020-2025)
3.6 Global Wind Power Bearings Production and Value, Year-over-Year Growth
3.6.1 North America Wind Power Bearings Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Wind Power Bearings Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Wind Power Bearings Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Wind Power Bearings Production Value Estimates and Forecasts (2020-2031)
4 Wind Power Bearings Consumption by Region
4.1 Global Wind Power Bearings Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Wind Power Bearings Consumption by Region (2020-2031)
4.2.1 Global Wind Power Bearings Consumption by Region (2020-2025)
4.2.2 Global Wind Power Bearings Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Wind Power Bearings Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Wind Power Bearings Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Wind Power Bearings Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Wind Power Bearings Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Wind Power Bearings Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Wind Power Bearings Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Wind Power Bearings Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Wind Power Bearings Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Wind Power Bearings Production by Type (2020-2031)
5.1.1 Global Wind Power Bearings Production by Type (2020-2025)
5.1.2 Global Wind Power Bearings Production by Type (2026-2031)
5.1.3 Global Wind Power Bearings Production Market Share by Type (2020-2031)
5.2 Global Wind Power Bearings Production Value by Type (2020-2031)
5.2.1 Global Wind Power Bearings Production Value by Type (2020-2025)
5.2.2 Global Wind Power Bearings Production Value by Type (2026-2031)
5.2.3 Global Wind Power Bearings Production Value Market Share by Type (2020-2031)
5.3 Global Wind Power Bearings Price by Type (2020-2031)
6 Segment by Application
6.1 Global Wind Power Bearings Production by Application (2020-2031)
6.1.1 Global Wind Power Bearings Production by Application (2020-2025)
6.1.2 Global Wind Power Bearings Production by Application (2026-2031)
6.1.3 Global Wind Power Bearings Production Market Share by Application (2020-2031)
6.2 Global Wind Power Bearings Production Value by Application (2020-2031)
6.2.1 Global Wind Power Bearings Production Value by Application (2020-2025)
6.2.2 Global Wind Power Bearings Production Value by Application (2026-2031)
6.2.3 Global Wind Power Bearings Production Value Market Share by Application (2020-2031)
6.3 Global Wind Power Bearings Price by Application (2020-2031)
7 Key Companies Profiled
7.1 SCHAEFFLER AG
7.1.1 SCHAEFFLER AG Wind Power Bearings Company Information
7.1.2 SCHAEFFLER AG Wind Power Bearings Product Portfolio
7.1.3 SCHAEFFLER AG Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.1.4 SCHAEFFLER AG Main Business and Markets Served
7.1.5 SCHAEFFLER AG Recent Developments/Updates
7.2 SKF GROUP
7.2.1 SKF GROUP Wind Power Bearings Company Information
7.2.2 SKF GROUP Wind Power Bearings Product Portfolio
7.2.3 SKF GROUP Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.2.4 SKF GROUP Main Business and Markets Served
7.2.5 SKF GROUP Recent Developments/Updates
7.3 NTN Corporation
7.3.1 NTN Corporation Wind Power Bearings Company Information
7.3.2 NTN Corporation Wind Power Bearings Product Portfolio
7.3.3 NTN Corporation Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.3.4 NTN Corporation Main Business and Markets Served
7.3.5 NTN Corporation Recent Developments/Updates
7.4 JTEKT Corporation
7.4.1 JTEKT Corporation Wind Power Bearings Company Information
7.4.2 JTEKT Corporation Wind Power Bearings Product Portfolio
7.4.3 JTEKT Corporation Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.4.4 JTEKT Corporation Main Business and Markets Served
7.4.5 JTEKT Corporation Recent Developments/Updates
7.5 NSK
7.5.1 NSK Wind Power Bearings Company Information
7.5.2 NSK Wind Power Bearings Product Portfolio
7.5.3 NSK Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.5.4 NSK Main Business and Markets Served
7.5.5 NSK Recent Developments/Updates
7.6 The Timken Company
7.6.1 The Timken Company Wind Power Bearings Company Information
7.6.2 The Timken Company Wind Power Bearings Product Portfolio
7.6.3 The Timken Company Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.6.4 The Timken Company Main Business and Markets Served
7.6.5 The Timken Company Recent Developments/Updates
7.7 ThyssenKrupp AG
7.7.1 ThyssenKrupp AG Wind Power Bearings Company Information
7.7.2 ThyssenKrupp AG Wind Power Bearings Product Portfolio
7.7.3 ThyssenKrupp AG Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.7.4 ThyssenKrupp AG Main Business and Markets Served
7.7.5 ThyssenKrupp AG Recent Developments/Updates
7.8 Zwz Bearing
7.8.1 Zwz Bearing Wind Power Bearings Company Information
7.8.2 Zwz Bearing Wind Power Bearings Product Portfolio
7.8.3 Zwz Bearing Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Zwz Bearing Main Business and Markets Served
7.8.5 Zwz Bearing Recent Developments/Updates
7.9 Luoyang LYC Precision Bearing
7.9.1 Luoyang LYC Precision Bearing Wind Power Bearings Company Information
7.9.2 Luoyang LYC Precision Bearing Wind Power Bearings Product Portfolio
7.9.3 Luoyang LYC Precision Bearing Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Luoyang LYC Precision Bearing Main Business and Markets Served
7.9.5 Luoyang LYC Precision Bearing Recent Developments/Updates
7.10 Jingye Bearing
7.10.1 Jingye Bearing Wind Power Bearings Company Information
7.10.2 Jingye Bearing Wind Power Bearings Product Portfolio
7.10.3 Jingye Bearing Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Jingye Bearing Main Business and Markets Served
7.10.5 Jingye Bearing Recent Developments/Updates
7.11 Luoyang Xinqianglian Slewing Bearing
7.11.1 Luoyang Xinqianglian Slewing Bearing Wind Power Bearings Company Information
7.11.2 Luoyang Xinqianglian Slewing Bearing Wind Power Bearings Product Portfolio
7.11.3 Luoyang Xinqianglian Slewing Bearing Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Luoyang Xinqianglian Slewing Bearing Main Business and Markets Served
7.11.5 Luoyang Xinqianglian Slewing Bearing Recent Developments/Updates
7.12 Zhejiang Tianma Bearing Group
7.12.1 Zhejiang Tianma Bearing Group Wind Power Bearings Company Information
7.12.2 Zhejiang Tianma Bearing Group Wind Power Bearings Product Portfolio
7.12.3 Zhejiang Tianma Bearing Group Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Zhejiang Tianma Bearing Group Main Business and Markets Served
7.12.5 Zhejiang Tianma Bearing Group Recent Developments/Updates
7.13 Dalian Metallurgical Bearing
7.13.1 Dalian Metallurgical Bearing Wind Power Bearings Company Information
7.13.2 Dalian Metallurgical Bearing Wind Power Bearings Product Portfolio
7.13.3 Dalian Metallurgical Bearing Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Dalian Metallurgical Bearing Main Business and Markets Served
7.13.5 Dalian Metallurgical Bearing Recent Developments/Updates
7.14 Luoyang Xinneng Bearing Manufacturing
7.14.1 Luoyang Xinneng Bearing Manufacturing Wind Power Bearings Company Information
7.14.2 Luoyang Xinneng Bearing Manufacturing Wind Power Bearings Product Portfolio
7.14.3 Luoyang Xinneng Bearing Manufacturing Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Luoyang Xinneng Bearing Manufacturing Main Business and Markets Served
7.14.5 Luoyang Xinneng Bearing Manufacturing Recent Developments/Updates
7.15 Luoyang Bearing Research Institute
7.15.1 Luoyang Bearing Research Institute Wind Power Bearings Company Information
7.15.2 Luoyang Bearing Research Institute Wind Power Bearings Product Portfolio
7.15.3 Luoyang Bearing Research Institute Wind Power Bearings Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Luoyang Bearing Research Institute Main Business and Markets Served
7.15.5 Luoyang Bearing Research Institute Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Wind Power Bearings Industry Chain Analysis
8.2 Wind Power Bearings Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Wind Power Bearings Production Mode & Process Analysis
8.4 Wind Power Bearings Sales and Marketing
8.4.1 Wind Power Bearings Sales Channels
8.4.2 Wind Power Bearings Distributors
8.5 Wind Power Bearings Customer Analysis
9 Wind Power Bearings Market Dynamics
9.1 Wind Power Bearings Industry Trends
9.2 Wind Power Bearings Market Drivers
9.3 Wind Power Bearings Market Challenges
9.4 Wind Power Bearings Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
SCHAEFFLER AG
SKF GROUP
NTN Corporation
JTEKT Corporation
NSK
The Timken Company
ThyssenKrupp AG
Zwz Bearing
Luoyang LYC Precision Bearing
Jingye Bearing
Luoyang Xinqianglian Slewing Bearing
Zhejiang Tianma Bearing Group
Dalian Metallurgical Bearing
Luoyang Xinneng Bearing Manufacturing
Luoyang Bearing Research Institute
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*If Applicable.