Double-Row Ball Bearing Market is expected to grow at a 4.29% CAGR, increasing to USD 9.373 billion in 2031 from USD 7.286 billion in 2025.
A double-row ball bearing is a type of rolling element bearing that consists of two rows of balls arranged at an angle to each other, and this design enables the bearing to accommodate higher radial and axial loads compared to single-row ball bearings. Double-row ball bearings can be double-row deep grooves or double-row angular contact types and are used in various applications where there is a need to support both radial and axial loads simultaneously. Double-row ball bearings are used in the automotive, industrial, mining, and construction sectors as they prove increased load-carrying capacity and improved rigidity. The rising automotive production and construction activities are boosting double-row ball-bearing demand, fostering market growth.
Growing automotive production is expected to boost the double-row ball bearings market growth.
The automotive industry constantly strives for improved performance and efficiency, and double-row ball bearings offer several advantages that align with these goals. Double-row ball bearings increase load-carrying capacity, allowing vehicles to handle higher loads and operate more efficiently. This is particularly important for heavy-duty applications in commercial vehicles and off-road vehicles. Additionally, double-row ball bearings enhance critical automotive systems' stability and reliability, such as wheel hubs, transmissions, and steering mechanisms. Electric vehicles (EVs) rely on electric motors, which often use double-row ball bearings in construction. The growth in automotive production will accelerate the demand for double-row ball bearings. According to the International Organization of Motor Vehicle Manufacturers (OICA), in 2022, the production of commercial vehicles increased by up to 1.41% from 2021 to 2022. According to the Society of Indian Automobile Manufacturers (SIAM), in 2022, the production of commercial vehicles in India increased from 0.85 million in 2021 to 1.35 million in 2022. According to the Society of Indian Automobile Manufacturers (SIAM) annual report 2020-2021, electric car registrations increased by 41% in 2020, and around 3 million were sold globally.
Increasing construction activities will positively impact the double-row ball bearings market growth.
The construction industry demands equipment that can handle heavy loads, operate reliably, and withstand harsh conditions. Construction equipment such as excavators, loaders, cranes, and compactors rely heavily on double-row ball bearings for efficient operation. These bearings are utilized in critical components like gearboxes, hydraulic systems, and rotating mechanisms. Double-row ball bearings offer the necessary load-carrying capacity, durability, and resistance to impact and vibrations, making them ideal for construction machinery. The construction industry's growth will boost the demand for double-row ball bearings. According to India Brand Equity Foundation (IBEF), in 2023, about 42% of the projects in the National Infrastructure Pipeline (NIP) are under implementation, signifying an increase in construction work. Another 19% is under the development stage, while a significant 31% is still in the conceptual stage. According to U.S. Census Bureau, in 2022, construction spending in the USA rose by 9.3% between November 2020 and November 2021.
The Asia-Pacific region is expected to hold a significant market share throughout the forecast period.
The Asia-Pacific region will account for a major market share owing to a rise in infrastructure development in countries like China and India, growing automotive production coupled with the presence of established bearing manufacturers. In 2021, the Chinese government launched the "New Energy Vehicle Industrial Development Plan for 2021 to 2035" to build a green, robust, and internationally competitive auto industry, and it sets a target of an approximately 20% share for new energy vehicles (NEVs) in new vehicle sales by 2025. In 2022, under Union Budget 2022-23, the Indian government allocated Rs. 10 lakh crore (US$ 130.57 billion) to improve the infrastructure sector. Such positive developments in the automotive and construction sector are anticipated to drive the demand for double-row ball bearings, accelerating regional market growth.
Market Segmentation:
By Type
Double-Row Deep Groove
Double-Row Angular Contact
By Material
Steel
Ceramic
By End-User
Automotive
Manufacturing
Construction
Mining
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
India
Japan
South Korea
Indonesia
Thailand
Others