Japan Bearing Market Size, Share, and COVID-19 Impact Analysis, By Product (Ball Bearings, Roller Bearings, Plain Bearings, and Others), By Application (Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace, and Others), and Japan Bearing Market Insights, Industry Trend, Forecasts to 2035

Japan Bearing Market Insights Forecasts to 2035

• The Japan Bearing Market Size Was Estimated at USD 11,093.11 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 8.51% from 2025 to 2035
• The Japan Bearing Market Size is Expected to Reach USD 27,244.12 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, The Japan Bearing Market Size is anticipated to Reach USD 27,244.12 Million by 2035, Growing at a CAGR of 8.51% from 2025 to 2035. The market is driven by Japan’s strong automotive and robotics industries, especially the surge in electric vehicle (EV) production and automation technologies.

Market Overview

The Japan Bearing Market Size encompasses the production and sale of mechanical components that reduce friction between moving parts in machinery. Being a global center for automotive manufacture, the automotive sector significantly influences the Japan bearing market. For high-precision bearings, the trend toward electric vehicles (EVs) has increased demand. According to government studies, Japan has seen a significant gain in market share and a steady increase in EV sales in recent years. For example, in a recent time frame, EV registrations almost doubled annually. Because of this expansion, there is a greater need for specialist bearings that can manage big loads and high speeds, which will enhance the efficiency and performance of vehicles. In electric motors, drivetrains, and wheel hubs, in particular, bearings are essential parts of EVs. According to industry sources, compared to conventional internal combustion engine vehicles, the average electric vehicle has a much higher number of bearings.

Report Coverage

This research report categorizes the market for the Japan 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 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 bearing market.

Driving Factors

The growing need for long-lasting, high-precision bearings across a range of industries, including industrial machinery, automotive, and aerospace, is what is driving this expansion. The strong expansion of the automotive sector, especially in the EV segment, and the growing need for energy-efficient solutions in a variety of industries are market drivers. The market is also anticipated to grow as a result of continuous technological developments in bearing materials and design. The development of maintenance-free bearings and the incorporation of smart technologies are two trends that are driving market expansion. Additionally, demand for energy-efficient and high-performance bearings is rising across sectors like aerospace and renewable energy.

Restraining Factors

Despite expansion, the market is confronted with high production costs because of the need for precision manufacturing and enhanced R&D. Low-cost import competition and price sensitivity among SMEs pose challenges for domestic firms. Labor shortages and fluctuating raw material prices put additional pressure on profitability. Operational complexity is further increased by stringent regulatory requirements and the requirement for constant innovation.

Market Segmentation

The Japan bearing market share is classified into product and application.

• The roller bearings segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan Bearing market is segmented by product into ball bearings, roller bearings, plain bearings, and others. Among these, the roller bearings segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Roller bearings are widely used in heavy-load and high-speed applications, especially in automotive drivetrains, industrial machinery, and construction equipment.

• The automotive segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan Bearing market is segmented by application into automotive, agriculture, electrical, mining & construction, railway & aerospace, and others. Among these, the automotive segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Japan is a global automotive powerhouse, and the shift toward electric vehicles (EVs) has significantly increased demand for high-performance, low-friction bearings.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan 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

• NSK Ltd.
• NTN Corporation
• JTEKT Corporation
• SKF
• The Timken Company
• Schaeffler Group
• Others

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 Bearing Market based on the following segments:

Japan Bearing Market, By Product

• Ball Bearings
• Roller Bearings
• Plain Bearings
• Others

Japan Bearing Market, By Application

• Automotive
• Agriculture
• Electrical
• Mining & Construction
• Railway & Aerospace
• Others