Asia-Pacific emerges as dominant force in the roller bearing market

The global roller bearing market was valued at US$30.077 billion in 2021 and is expected to experience modest growth over the forecast period, according to Research and Markets.

During the forecast period, the Asia-Pacific region is expected to dominate the roller bearing market. Major countries like China and India are witnessing successful applications of roller bearings in the automobile and aerospace sectors. The increasing production of automobiles and the establishment of aircraft facilities are contributing to market growth in the region.

Roller bearings play a crucial role in the automotive sector, where they are used to move and rotate various auto parts, providing precise movement. These bearings are used in engines, gearboxes, transmissions, wheels, steering systems, electrical motors, pumps, and other subsystems. The growth in automobile manufacturing production is driving the demand for roller bearings. The global motor vehicle production and sales figures have increased, indicating higher demand for roller bearings.