Automotive Thrust Bearing Market
Automotive Thrust Bearing Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Automotive Thrust Bearing Market Size and Growth
The Automotive Thrust Bearing market is projected to experience steady growth, driven by increasing vehicle production and advancements in automotive technology. The market size reached approximately $1.5 billion in 2023 and is expected to expand with rising demand for efficient components in electric and hybrid vehicles, enhancing overall automotive performance.
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Companies Covered (Covid 19 Impact Covered)
◍ AST Bearings (USA)
◍ Schaeffler Group (Germany)
◍ SKF (Sweden)
◍ JTEKT (Japan)
◍ TIMKEN (USA)
◍ C&U GROUP (China)
◍ China Mos Group (China)
◍ China Wanxiang Group (China)
◍ Fujian Longxi Bearing (Group) (China)
◍ HARBIN Bearing (China)
◍ NACHI-FUJIKOSHI (Japan)
◍ NMB Technologies (Japan)
◍ NSK (Japan)
◍ NTN (Japan)
The Automotive Thrust Bearing Market features key players like AST Bearings, Schaeffler, SKF, and Timken, driving innovation and quality. Companies offer advanced products to enhance vehicle performance and reliability. Their global reach and competitive pricing foster market growth, emphasizing technological advancements in materials and manufacturing processes. Revenue highlights include:
- SKF: €10.5 billion
- Schaeffler: €14.2 billion
- Timken: $3.3 billion
◍ Zhejiang Tianma Bearing Group (China)
◍ XIBEI BEARING (China)
◍ Wafangdian Bearing Group (China)
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◍ Xiangyang Automobile Bearing (China)
Market Segmentation
By Application
Passenger Cars
Commercial Vehicles
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By Product
Iron Roller Type
Copper Roller Type
Others
Market Growth
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$ X Billion USD
