North America Bearings Market Summary, Competitive Analysis and Forecast to 2030
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Bearings in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– Bearings are mechanical elements that reduce friction between moving elements and limit relative motion to the desired motion. There are three main types of bearings: ball bearings, roller bearings, and other bearings. Other bearing types include slewing bearings, thrust ball bearings, sleeve bearings, and specialty bearings.
– The North American bearings market recorded a revenue of $22.8 billion in 2025, and the value increased with a CAGR of 8.3% between 2020 and 2025.
– The automotive segment accounted for the market's largest proportion in 2025, with total revenue of $8.0 billion, equivalent to 35.0% of the market's overall value.
– In 2025, the revenue of the North American bearings market grew by 6.1% annually due to the increasing adoption of renewable energy. For instance, according to the Federal Energy Regulatory Commission (FERC), between January and April 2025, the US added 2,183 MW of new wind capacity, accounting for 18% of total new generation capacity additions over the period. Such expansion boosted wind turbine installations, driving demand for large-sized, high-performance, and durable bearings.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bearings market in North America
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bearings market in North America
Leading company profiles reveal details of key bearings market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the North America bearings market with five year forecasts by both value and volume
Reasons to Buy
What was the size of the North America bearings market by value in 2025?
What will be the size of the North America bearings market in 2030?
What factors are affecting the strength of competition in the North America bearings market?
How has the market performed over the last five years?
Who are the top competitiors in North America's bearings market?
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