Japan Ball Bearing Market Size, Share, and COVID-19 Impact Analysis, By Type (Deep-Groove, Angular Contact, Thrust, Self-Aligning, and Others), By Application (Automotive, Industrial Machinery, Mining & Construction, Medical, and Others), By Material (Steel, Ceramic, Plastic, and Glass), By Distribution Channel (OEM and Retail Distribution), and Japan Ball Bearing Market Insights, Industry Trend, Forecasts to 2035

Japan Ball Bearing Market Insights Forecasts to 2035

• The Japan Ball Bearing Market Size Was Estimated at USD 3.40 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 3.05% from 2025 to 2035
• The Japan Ball Bearing Market Size is Expected to Reach USD 4.73 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the Japan Ball Bearing Market Size is anticipated to reach USD 4.73 billion by 2035, Growing at a CAGR of 3.05% from 2025 to 2035.  The Japan ball bearing market is expanding due the factors such as the increase in demand from the automotive and electronics industries, advances in technology, and increases in automation and robotics.

Market Overview

The Japan ball bearing market refers to the industry that is the supply and demand for ball bearings in the Japan economy. It involved different classes of ball bearings, which had deep groove, angular contact, self-aligning, and hybrid bearings. Ball bearings are the critical mechanical parts utilized for minimizing friction and sustaining rotary motion in machinery in different industries such as automotive, robotics, aerospace, and renewable energy. The driver is the rising demand for fuel-efficient cars, augmented growth of electric vehicles (EVs), and advancements in robotics and automation. Precision engineering is Japan's prime focus, combined with advanced materials such as hybrid bearings and ceramic bearings, along with rigorous quality control standards. The growth drivers are the adoption of IoT-based bearings for predictive maintenance and the growing usage in medical equipment. In addition, government policies in Japan promoting green technology, carbon neutrality, and renewable sources of power, including wind power, further support the production of high-performance bearings

Report Coverage

This research report categorizes the market for the Japan ball bearing market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan ball bearing market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan ball bearing market.

Driving Factors

The key drivers for Japan's ball bearing market are the increase in demand for fuel-efficient transportation, such as electric vehicles (EVs), and advancements in automation and robotics technology. Precision requirements and low-friction needs of the automotive sector and high-performance bearing demand in the aerospace and renewable energy sectors propel the market. Japan's carbon-neutrality and sustainability drive also propel investment in energy-saving bearings. Furthermore, the increasing application of IoT-enabled bearings for predictive maintenance and application in medical devices is driving the growth in Japan ball bearing market.

Restraining Factors

The Japan ball bearing market is confronted with difficulties such as rising manufacturing and raw material prices, stiff competition from worldwide operators, and economic uncertainty. Additionally, the sluggish rate of technology breakthroughs and the fluctuating demand of prominent industries can serve as hindrances to growth.

Market Segmentation

The Japan ball bearing market share is classified into type, application, material, and distribution channel.

• The deep groove segment dominated the market in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan ball bearing market is segmented by type into deep-groove, angular contact, thrust, self-aligning, and others. Among these, the deep groove segment dominated the market in 2024 and is expected to grow at a significant CAGR during the forecast period. The deep groove is attributed to their flexibility and extensive application ranges. They have extensive applications in automotive and industrial machine applications due to their capacity to support both radial and axial loads.

• The automotive segment held the largest share of the market in 2024 and is anticipated to grow at a substantial CAGR during the forecast period.

The Japan ball bearing market is segmented by application into automotive, industrial machinery, mining & construction, medical, and others.  Among these, the automotive segment held the largest share of the market in 2024 and is anticipated to grow at a substantial CAGR during the forecast period. The automotive industry is continually evolving, especially with the increased use of electric vehicles, high-performance energy-saving bearings are well sought after, hence securing their top market position even further.

• The steel segment held the largest share of the market in 2024 and is expected to grow at a substantial CAGR during the forecast period.

The Japan ball bearing market is segmented by material into steel, ceramic, plastic, and glass.  Among these, the steel segment held the largest share of the market in 2024 and is expected to grow at a substantial CAGR during the forecast period. This is due to its toughness, longevity, and affordability. Steel bearings have wide-ranging applications in the automobile, industrial machinery, and other heavy-load sectors where high load-bearing capacity and extended lifetime are demanded.

• The OEM segment dominated the market in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan ball bearing market is segmented by distribution channel into OEM and retail distribution. Among these, the OEM segment dominated the market in 2024 and is expected to grow at a significant CAGR during the forecast period. OEMs require high-performance bearings to carry out giant production, thus ensuring the end product's reliability and longevity. The increased demand for accuracy and performance from machinery components necessitates the ongoing demand for ball bearings in OEM applications, hence it is a prominent distribution channel.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan ball bearing market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• JTEKT Corporation
• NTN Corporation
• Nippon Thompson
• THK Co., Ltd.
• NSK Ltd.
• Nachi-Fujikoshi Corp.
• Koyo
• SKF Corporation
• Minebea Mitsumi Inc.
• Schaeffler Group
• Others

Recent Developments:

• In May 2024, NTN Corporation created a deep groove ball bearing of large diameter to be used for coaxial e-Axles of electric vehicles (EVs), with a dmn value of 1.5 million and a torque reduction of more than 50%. This technology optimizes e-Axle efficiency, minimizes size and weight, and increases EV cruising distance.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan ball bearing market based on the below-mentioned segments:

Japan Ball Bearing Market, By Type

• Deep-Groove
• Angular Contact
• Thrust, Self-Aligning
• Others

Japan Ball Bearing Market, By Application

• Automotive
• Industrial Machinery
• Mining & Construction
• Medical
• Others

Japan Ball Bearing Market, By Material

• Steel
• Ceramic
• Plastic
• Glass

Japan Ball Bearing Market, By Distribution Channel

• OEM
• Retail Distribution