The global Wind Power Bearings market size is expected to reach $ 10400 million by 2032, rising at a market growth of 5.8% CAGR during the forecast period (2026-2032).
Wind power bearings are critical components used in wind turbines to ensure smooth, reliable operation under high loads and varying environmental conditions. These bearings support the turbine's main shaft, gearbox, generator, and other rotating components, helping to maximize efficiency and reduce maintenance costs.
On April 16, 2024, the Global Wind Energy Council (GWEC) released the Global Wind Energy Report 2024 in Abu Dhabi. The report shows that in 2023, the world's new wind power installed capacity reached a record 117GW, the best year ever. Despite the turbulent political and macroeconomic environment, the wind power industry is entering a new era of accelerated growth, as reflected in the historic COP28's goal of doubling renewable energy by 2030.
Global Wind Power Bearings key players include SCHAEFFLER AG, SKF GROUP, NTN Corporation, etc. Global top 3 manufacturers hold a share over 46%. China is the largest market, with a share about 54%, followed by North America, and Europe, both have a share about 35 percent. In terms of product, Accelerating Engine Bearing is the largest segment, with a share over 70%. And in terms of application, the largest application is Onshore.
This report studies the global Wind Power Bearings production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Wind Power Bearings and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Wind Power Bearings that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Wind Power Bearings total production and demand, 2021-2032, (Units)
Global Wind Power Bearings total production value, 2021-2032, (USD Million)
Global Wind Power Bearings production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Units), (based on production site)
Global Wind Power Bearings consumption by region & country, CAGR, 2021-2032 & (Units)
U.S. VS China: Wind Power Bearings domestic production, consumption, key domestic manufacturers and share
Global Wind Power Bearings production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Units)
Global Wind Power Bearings production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Units)
Global Wind Power Bearings production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Units)
This report profiles key players in the global Wind Power Bearings market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SCHAEFFLER AG, SKF GROUP, NTN Corporation, JTEKT Corporation, NSK, The Timken Company, ThyssenKrupp AG, Zwz Bearing, Luoyang LYC Precision Bearing, Jingye Bearing, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Wind Power Bearings market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Wind Power Bearings Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Wind Power Bearings Market, Segmentation by Type:
Main Shaft Bearing
Yaw and Variable Paddle Bearings
Accelerating Engine Bearing
Global Wind Power Bearings Market, Segmentation by Application:
Onshore
Offshore
Companies Profiled:
SCHAEFFLER AG
SKF GROUP
NTN Corporation
JTEKT Corporation
NSK
The Timken Company
ThyssenKrupp AG
Zwz Bearing
Luoyang LYC Precision Bearing
Jingye Bearing
Luoyang Xinqianglian Slewing Bearing
Zhejiang Tianma Bearing Group
Dalian Metallurgical Bearing
Luoyang Xinneng Bearing Manufacturing
Luoyang Bearing Research Institute
Key Questions Answered:
1. How big is the global Wind Power Bearings market?
2. What is the demand of the global Wind Power Bearings market?
3. What is the year over year growth of the global Wind Power Bearings market?
4. What is the production and production value of the global Wind Power Bearings market?
5. Who are the key producers in the global Wind Power Bearings market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on Wind Power Bearings. Industry analysis & Market Report on Wind Power Bearings is a syndicated market report, published as Global Wind Power Bearings Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Wind Power Bearings market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.