According to our (Global Info Research) latest study, the global Hub Assembly Bearing market size was valued at US$ 8022 million in 2025 and is forecast to a readjusted size of US$ 11820 million by 2032 with a CAGR of 5.8% during review period.
A 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 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 is a detailed and comprehensive analysis for global Hub Assembly Bearing market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Hub Assembly Bearing market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Hub Assembly Bearing market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Hub Assembly Bearing market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Hub Assembly Bearing market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Hub Assembly Bearing
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Hub Assembly Bearing market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include NTN, NSK, Schaeffler, SKF, ILJIN, Wanxiang, JTEKT, GMB Corporation, Hirschvogel, Radical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Hub Assembly Bearing market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Gen. 1 Bearing
Gen. 2 Bearing
Gen. 3 Bearing
Others
Market segment by Application
Private Car
Commercial Vehicle
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hub Assembly Bearing product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hub Assembly Bearing, with price, sales quantity, revenue, and global market share of Hub Assembly Bearing from 2021 to 2026.
Chapter 3, the Hub Assembly Bearing competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hub Assembly Bearing breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Hub Assembly Bearing market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hub Assembly Bearing.
Chapter 14 and 15, to describe Hub Assembly Bearing sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Hub Assembly Bearing. Industry analysis & Market Report on Hub Assembly Bearing is a syndicated market report, published as Global Hub Assembly Bearing Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Hub Assembly Bearing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.