India Automotive Bearing Market Share, Size, Growth, Trends, Demand, and Forecast 2025-2033

Automotive Bearing Market - India

Market Statistics

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Size in 2024: USD 503.3 Million

Market Size in 2033: USD 725.5 Million

Market Growth Rate (CAGR) 2025-2033: 4.15%

According to IMARC Group's report titled "India Automotive Bearing Market Report and Forecast 2025-2033," the market reached USD 503.3 million in 2024. Looking forward, IMARC Group expects the market to reach USD 725.5 million by 2033, exhibiting a growth rate (CAGR) of 4.15% during 2025-2033.

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India Automotive Bearing Market Trends and Drivers:

• Indian automotive bearing market is growing steadily with the consistent increase in automobile manufacturing, growing vehicle sales, and growing demand for efficient and long-lasting automobile components.

• Essentially, bearings are an essential component that minimizes friction, improves the performance of vehicles, and provides smooth rotation in most automobile systems such as engines, gearboxes, wheels, and transmissions.

• Add to that, the enormous expansion in the two-wheeler and four-wheeler segments, particularly in the urban and semi-urban markets, is contributing substantially to the increased demand for automotive bearings through the OEM as well as the aftermarket channels.

• In addition to that, growth in disposable income and the emergence of middle-class aspirations have increased vehicle ownership, hence the overall automotive ecosystem in terms of replacement part demand such as bearings.

• Along with this, the shift to electric vehicles (EVs) is also creating new opportunities for tailored bearing solutions that can endure more torque and reduce energy loss.

• Furthermore, electric mobility government policies, Make in India, and auto component manufacturing under PLI programs are promoting domestic manufacturing of bearings and advancing technology.

• Also, advances in bearing technology and materials such as ceramic, polymer, and high-precision steel bearings are enabling increased performance, fuel efficiency, and reduced maintenance requirements, which are of interest to OEMs and customers alike.

• Further, increasing the demand for light vehicles to increase fuel efficiency is driving the need for high-load-bearing, compact parts.

• Apart from this, growth in the logistics, transport, and fleet service segment in e-commerce as well as supply chain industries is propelling demand for commercial vehicles and hence consumption of bearings.

• Apart from this, increased consumers' awareness of vehicle maintenance and also increases in organized auto service centers are also adding to the replacement market for bearings.

• Additionally, digitalization of retail and aftermarket channels is increasing the availability of bearings, particularly for tier 3 and tier 2 cities.

• Concurrently, partnerships among Indian vehicle manufacturers and international bearing producers are driving innovation, local production, and cost-effective solutions.

• Overall, growth in the automotive sector, infrastructure development, technological upgradation, and government policies, all together, are making the India automotive bearing market a strong and opportunity-driven industry for future growth.

India Automotive Bearing Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest India automotive bearing market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

Vehicle Type Insights:

• Passenger Cars
• Light Commercial Vehicles
• Medium and Heavy Commercial Vehicles
• Two-Wheelers

Application Type Insights:

• Engine
• Transmission
• Wheel
• Steering
• Others

Bearing Type Insights:

• Ball Bearing
• Roller Bearing
• Plain Bearing

Demand Category Insights:

• OEM
• Aftermarket

Region Insights:

• North India
• South India
• East India
• West India

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Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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