A wheel 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.
The global Wheel Hub Assembly Bearing market size is projected to grow from US$ 6834.1 million in 2023 to US$ 10360 million in 2030; it is expected to grow at a CAGR of 6.1% from 2024 to 2030.
The “Wheel Hub Assembly Bearing Industry Forecast” looks at past sales and reviews total world Wheel Hub Assembly Bearing sales in 2023, providing a comprehensive analysis by region and market sector of projected Wheel Hub Assembly Bearing sales for 2024 through 2030. With Wheel Hub Assembly Bearing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wheel Hub Assembly Bearing industry.
This Insight Report provides a comprehensive analysis of the global Wheel Hub Assembly Bearing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wheel Hub Assembly Bearing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Wheel Hub Assembly Bearing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wheel Hub Assembly Bearing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wheel Hub Assembly Bearing.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Wheel Hub Assembly Bearing market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Gen. 1 Bearing
Gen. 2 Bearing
Gen. 3 Bearing
Others
Segmentation by application
Passenger Car
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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 Addressed in this Report
What is the 10-year outlook for the global Wheel Hub Assembly Bearing market?
What factors are driving Wheel Hub Assembly Bearing market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wheel Hub Assembly Bearing market opportunities vary by end market size?
How does Wheel Hub Assembly Bearing break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Wheel Hub Assembly Bearing Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Wheel Hub Assembly Bearing by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Wheel Hub Assembly Bearing by Country/Region, 2019, 2023 & 2030
2.2 Wheel Hub Assembly Bearing Segment by Type
2.2.1 Gen. 1 Bearing
2.2.2 Gen. 2 Bearing
2.2.3 Gen. 3 Bearing
2.2.4 Others
2.3 Wheel Hub Assembly Bearing Sales by Type
2.3.1 Global Wheel Hub Assembly Bearing Sales Market Share by Type (2019-2024)
2.3.2 Global Wheel Hub Assembly Bearing Revenue and Market Share by Type (2019-2024)
2.3.3 Global Wheel Hub Assembly Bearing Sale Price by Type (2019-2024)
2.4 Wheel Hub Assembly Bearing Segment by Application
2.4.1 Passenger Car
2.4.2 Commercial Vehicle
2.5 Wheel Hub Assembly Bearing Sales by Application
2.5.1 Global Wheel Hub Assembly Bearing Sale Market Share by Application (2019-2024)
2.5.2 Global Wheel Hub Assembly Bearing Revenue and Market Share by Application (2019-2024)
2.5.3 Global Wheel Hub Assembly Bearing Sale Price by Application (2019-2024)
3 Global Wheel Hub Assembly Bearing by Company
3.1 Global Wheel Hub Assembly Bearing Breakdown Data by Company
3.1.1 Global Wheel Hub Assembly Bearing Annual Sales by Company (2019-2024)
3.1.2 Global Wheel Hub Assembly Bearing Sales Market Share by Company (2019-2024)
3.2 Global Wheel Hub Assembly Bearing Annual Revenue by Company (2019-2024)
3.2.1 Global Wheel Hub Assembly Bearing Revenue by Company (2019-2024)
3.2.2 Global Wheel Hub Assembly Bearing Revenue Market Share by Company (2019-2024)
3.3 Global Wheel Hub Assembly Bearing Sale Price by Company
3.4 Key Manufacturers Wheel Hub Assembly Bearing Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Wheel Hub Assembly Bearing Product Location Distribution
3.4.2 Players Wheel Hub Assembly Bearing Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Wheel Hub Assembly Bearing by Geographic Region
4.1 World Historic Wheel Hub Assembly Bearing Market Size by Geographic Region (2019-2024)
4.1.1 Global Wheel Hub Assembly Bearing Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Wheel Hub Assembly Bearing Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Wheel Hub Assembly Bearing Market Size by Country/Region (2019-2024)
4.2.1 Global Wheel Hub Assembly Bearing Annual Sales by Country/Region (2019-2024)
4.2.2 Global Wheel Hub Assembly Bearing Annual Revenue by Country/Region (2019-2024)
4.3 Americas Wheel Hub Assembly Bearing Sales Growth
4.4 APAC Wheel Hub Assembly Bearing Sales Growth
4.5 Europe Wheel Hub Assembly Bearing Sales Growth
4.6 Middle East & Africa Wheel Hub Assembly Bearing Sales Growth
5 Americas
5.1 Americas Wheel Hub Assembly Bearing Sales by Country
5.1.1 Americas Wheel Hub Assembly Bearing Sales by Country (2019-2024)
5.1.2 Americas Wheel Hub Assembly Bearing Revenue by Country (2019-2024)
5.2 Americas Wheel Hub Assembly Bearing Sales by Type
5.3 Americas Wheel Hub Assembly Bearing Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Wheel Hub Assembly Bearing Sales by Region
6.1.1 APAC Wheel Hub Assembly Bearing Sales by Region (2019-2024)
6.1.2 APAC Wheel Hub Assembly Bearing Revenue by Region (2019-2024)
6.2 APAC Wheel Hub Assembly Bearing Sales by Type
6.3 APAC Wheel Hub Assembly Bearing Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Wheel Hub Assembly Bearing by Country
7.1.1 Europe Wheel Hub Assembly Bearing Sales by Country (2019-2024)
7.1.2 Europe Wheel Hub Assembly Bearing Revenue by Country (2019-2024)
7.2 Europe Wheel Hub Assembly Bearing Sales by Type
7.3 Europe Wheel Hub Assembly Bearing Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Wheel Hub Assembly Bearing by Country
8.1.1 Middle East & Africa Wheel Hub Assembly Bearing Sales by Country (2019-2024)
8.1.2 Middle East & Africa Wheel Hub Assembly Bearing Revenue by Country (2019-2024)
8.2 Middle East & Africa Wheel Hub Assembly Bearing Sales by Type
8.3 Middle East & Africa Wheel Hub Assembly Bearing Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Wheel Hub Assembly Bearing
10.3 Manufacturing Process Analysis of Wheel Hub Assembly Bearing
10.4 Industry Chain Structure of Wheel Hub Assembly Bearing
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Wheel Hub Assembly Bearing Distributors
11.3 Wheel Hub Assembly Bearing Customer
12 World Forecast Review for Wheel Hub Assembly Bearing by Geographic Region
12.1 Global Wheel Hub Assembly Bearing Market Size Forecast by Region
12.1.1 Global Wheel Hub Assembly Bearing Forecast by Region (2025-2030)
12.1.2 Global Wheel Hub Assembly Bearing Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Wheel Hub Assembly Bearing Forecast by Type
12.7 Global Wheel Hub Assembly Bearing Forecast by Application
13 Key Players Analysis
13.1 NTN
13.1.1 NTN Company Information
13.1.2 NTN Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.1.3 NTN Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 NTN Main Business Overview
13.1.5 NTN Latest Developments
13.2 NSK
13.2.1 NSK Company Information
13.2.2 NSK Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.2.3 NSK Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 NSK Main Business Overview
13.2.5 NSK Latest Developments
13.3 Schaeffler
13.3.1 Schaeffler Company Information
13.3.2 Schaeffler Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.3.3 Schaeffler Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Schaeffler Main Business Overview
13.3.5 Schaeffler Latest Developments
13.4 SKF
13.4.1 SKF Company Information
13.4.2 SKF Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.4.3 SKF Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 SKF Main Business Overview
13.4.5 SKF Latest Developments
13.5 ILJIN
13.5.1 ILJIN Company Information
13.5.2 ILJIN Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.5.3 ILJIN Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 ILJIN Main Business Overview
13.5.5 ILJIN Latest Developments
13.6 Wanxiang
13.6.1 Wanxiang Company Information
13.6.2 Wanxiang Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.6.3 Wanxiang Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Wanxiang Main Business Overview
13.6.5 Wanxiang Latest Developments
13.7 JTEKT
13.7.1 JTEKT Company Information
13.7.2 JTEKT Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.7.3 JTEKT Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 JTEKT Main Business Overview
13.7.5 JTEKT Latest Developments
13.8 GMB Corporation
13.8.1 GMB Corporation Company Information
13.8.2 GMB Corporation Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.8.3 GMB Corporation Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 GMB Corporation Main Business Overview
13.8.5 GMB Corporation Latest Developments
13.9 Hirschvogel
13.9.1 Hirschvogel Company Information
13.9.2 Hirschvogel Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.9.3 Hirschvogel Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Hirschvogel Main Business Overview
13.9.5 Hirschvogel Latest Developments
13.10 Radical
13.10.1 Radical Company Information
13.10.2 Radical Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.10.3 Radical Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Radical Main Business Overview
13.10.5 Radical Latest Developments
13.11 C&U
13.11.1 C&U Company Information
13.11.2 C&U Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.11.3 C&U Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 C&U Main Business Overview
13.11.5 C&U Latest Developments
13.12 Nachi-Fujikoshi
13.12.1 Nachi-Fujikoshi Company Information
13.12.2 Nachi-Fujikoshi Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.12.3 Nachi-Fujikoshi Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Nachi-Fujikoshi Main Business Overview
13.12.5 Nachi-Fujikoshi Latest Developments
13.13 Wafangdian Bearing
13.13.1 Wafangdian Bearing Company Information
13.13.2 Wafangdian Bearing Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.13.3 Wafangdian Bearing Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Wafangdian Bearing Main Business Overview
13.13.5 Wafangdian Bearing Latest Developments
13.14 FKG Bearing
13.14.1 FKG Bearing Company Information
13.14.2 FKG Bearing Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.14.3 FKG Bearing Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 FKG Bearing Main Business Overview
13.14.5 FKG Bearing Latest Developments
13.15 Xiangyang Auto Bearing
13.15.1 Xiangyang Auto Bearing Company Information
13.15.2 Xiangyang Auto Bearing Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.15.3 Xiangyang Auto Bearing Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Xiangyang Auto Bearing Main Business Overview
13.15.5 Xiangyang Auto Bearing Latest Developments
13.16 Changzhou Guangyang
13.16.1 Changzhou Guangyang Company Information
13.16.2 Changzhou Guangyang Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.16.3 Changzhou Guangyang Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Changzhou Guangyang Main Business Overview
13.16.5 Changzhou Guangyang Latest Developments
13.17 Shuanglin NTP
13.17.1 Shuanglin NTP Company Information
13.17.2 Shuanglin NTP Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.17.3 Shuanglin NTP Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Shuanglin NTP Main Business Overview
13.17.5 Shuanglin NTP Latest Developments
13.18 ZheJiang ZhaoFeng
13.18.1 ZheJiang ZhaoFeng Company Information
13.18.2 ZheJiang ZhaoFeng Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.18.3 ZheJiang ZhaoFeng Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 ZheJiang ZhaoFeng Main Business Overview
13.18.5 ZheJiang ZhaoFeng Latest Developments
13.19 Changjiang Bearing
13.19.1 Changjiang Bearing Company Information
13.19.2 Changjiang Bearing Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.19.3 Changjiang Bearing Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.19.4 Changjiang Bearing Main Business Overview
13.19.5 Changjiang Bearing Latest Developments
13.20 Harbin Bearing
13.20.1 Harbin Bearing Company Information
13.20.2 Harbin Bearing Wheel Hub Assembly Bearing Product Portfolios and Specifications
13.20.3 Harbin Bearing Wheel Hub Assembly Bearing Sales, Revenue, Price and Gross Margin (2019-2024)
13.20.4 Harbin Bearing Main Business Overview
13.20.5 Harbin Bearing Latest Developments
14 Research Findings and Conclusion
*If Applicable.