Thailand Automotive Bearing Market (2025-2031) Outlook | Forecast, Growth, Value, Trends, Revenue, Analysis, Companies, Share, Size & Industry
Market Forecast By Bearing Type (Ball bearing, Roller bearing , others), By Vehicle Type (PC, LCV, HCV , Two-wheelers), By Aftermarket ( Vehicle Type, Application), By And Competitive Landscape
| Product Code: ETC4576106 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand Automotive Bearing Market Size Growth Rate
The Thailand Automotive Bearing Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 1.65% in 2025, growth builds up to 3.92% by 2029.
Automotive Bearing Market: Thailand vs Top 5 Major Economies in 2027 (Asia)
By 2027, Thailand's Automotive Bearing market is forecasted to achieve a stable growth rate of 1.70%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
Thailand Automotive Bearing Market Synopsis
Bearings are critical components in automotive systems, ensuring smooth rotation and reduced friction. The Thailand Automotive Bearing Market supplies bearings for various vehicle parts, enhancing reliability and longevity.
Drivers of the Market
The Thailand Automotive Bearing Market is witnessing robust growth as vehicles prioritize smooth and efficient operation in various components. Bearings play a crucial role in supporting rotating parts such as wheels, engines, and transmissions. The market expansion is driven by Thailand commitment to manufacturing excellence, meeting quality standards, and adopting advanced bearing technologies to enhance overall vehicle reliability and performance.
Challenges of the Market
The Thailand Automotive Bearing Market faces challenges associated with the demand for bearings that provide high performance, durability, and reduced friction. Developing bearings that meet these criteria while addressing the diverse applications across different vehicle components is crucial. Adapting to the evolving trends in electrification and autonomous vehicles adds complexity to bearing design, requiring continuous innovation to provide solutions that align with the changing dynamics of the automotive industry.
COVID-19 Impact on the Market
The Thailand Automotive Bearing Market faced setbacks during the pandemic, marked by production slowdowns and supply chain interruptions. However, the market is likely to rebound as the automotive sector focuses on technological advancements, emphasizing durable and high-performance bearings to enhance vehicle efficiency.
Key Players in the Market
The Thailand Automotive Bearing Market is witnessing significant growth, with key players such as SKF Group, NTN Corporation, and Schaeffler AG actively contributing. SKF Group, a major contributor, is a leading global supplier of automotive bearings, providing high-quality solutions for various vehicle applications. Their commitment to innovation and reliability positions SKF Group as a key player in the automotive bearing market in Thailand, contributing to the efficiency and durability of automotive systems.
Key Highlights of the Report:
- Thailand Automotive Bearing Market Outlook
- Market Size of Thailand Automotive Bearing Market, 2024
- Forecast of Thailand Automotive Bearing Market, 2031
- Historical Data and Forecast of Thailand Automotive Bearing Revenues & Volume for the Period 2021-2031
- Thailand Automotive Bearing Market Trend Evolution
- Thailand Automotive Bearing Market Drivers and Challenges
- Thailand Automotive Bearing Price Trends
- Thailand Automotive Bearing Porter's Five Forces
- Thailand Automotive Bearing Industry Life Cycle
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By Bearing Type for the Period 2021-2031
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By Ball bearing for the Period 2021-2031
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By Roller bearing for the Period 2021-2031
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By others for the Period 2021-2031
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By Vehicle Type for the Period 2021-2031
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By PC for the Period 2021-2031
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By LCV for the Period 2021-2031
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By HCV for the Period 2021-2031
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By Two-wheelers for the Period 2021-2031
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By Aftermarket for the Period 2021-2031
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By Vehicle Type for the Period 2021-2031
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Thailand Automotive Bearing Market Revenues & Volume By for the Period 2021-2031
- Thailand Automotive Bearing Import Export Trade Statistics
- Market Opportunity Assessment By Bearing Type
- Market Opportunity Assessment By Vehicle Type
- Market Opportunity Assessment By Aftermarket
- Market Opportunity Assessment By
- Thailand Automotive Bearing Top Companies Market Share
- Thailand Automotive Bearing Competitive Benchmarking By Technical and Operational Parameters
- Thailand Automotive Bearing Company Profiles
- Thailand Automotive Bearing Key Strategic Recommendations
What are the key factors driving growth in the Thailand automotive bearing market?
The increasing demand for automotive bearings in Thailand is being primarily fueled by the rising production and sales of vehicles by major companies like Toyota, Honda, and Nissan in the country. Additionally, the growing trend towards electric vehicles is creating a surge in the need for specialized bearings to support this evolving technology, further boosting the market growth.
The Thailand automotive bearing market encompasses a wide range of bearing types used in vehicles manufactured by companies such as Toyota, Honda, and Isuzu. Bearings play a crucial role in the smooth operation of various components, including engines, transmissions, and wheels. The market includes both original equipment manufacturers (OEMs) and aftermarket suppliers like SKF and NSK, catering to the demand from passenger cars, commercial vehicles, and motorcycles in Thailand.
SKF, NTN Corporation, and Timken Company are the leading competitors in the Thailand automotive bearing market. SKF is known for its high-quality and innovative bearing solutions, while NTN Corporation is recognized for its extensive product portfolio and strong distribution network. Timken Company differentiates itself through its focus on technological advancements and customer-centric approach, positioning each of these companies uniquely in the competitive landscape of the market.
The Thailand automotive bearing market is driven by factors such as the increasing demand for electric vehicles, which has led companies like SKF and NTN Corporation to focus on developing bearings suitable for EV applications. However, challenges like intense competition from companies such as Timken and NSK Ltd., coupled with the need for continuous innovation to meet the evolving requirements of automotive manufacturers like Toyota and Honda, are shaping the dynamics of this market.
With the rise of electric vehicles (EVs) globally, there is a growing demand for specialized bearings that can handle the unique requirements of EV drivetrains. Companies like SKF and NTN have been investing in developing bearings specifically designed for EVs, presenting a significant opportunity for businesses looking to enter the Thailand automotive bearing market. Additionally, with the increasing trend towards lightweight materials in automotive manufacturing, there is a need for bearings that can withstand higher loads while being lighter in weight, opening up avenues for innovative solutions in the market.
6Wresearch actively monitors the Thailand Automotive Bearing Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Automotive Bearing Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Automotive Bearing Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Automotive Bearing Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Automotive Bearing Market - Industry Life Cycle |
3.4 Thailand Automotive Bearing Market - Porter's Five Forces |
3.5 Thailand Automotive Bearing Market Revenues & Volume Share, By Bearing Type, 2021 & 2031F |
3.6 Thailand Automotive Bearing Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Thailand Automotive Bearing Market Revenues & Volume Share, By Aftermarket, 2021 & 2031F |
3.8 Thailand Automotive Bearing Market Revenues & Volume Share, By , 2021 & 2031F |
4 Thailand Automotive Bearing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing automotive production in Thailand |
4.2.2 Increasing demand for electric vehicles |
4.2.3 Technological advancements in automotive bearing materials and design |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from international bearing manufacturers |
4.3.3 Impact of economic downturns on automotive industry |
5 Thailand Automotive Bearing Market Trends |
6 Thailand Automotive Bearing Market, By Types |
6.1 Thailand Automotive Bearing Market, By Bearing Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Automotive Bearing Market Revenues & Volume, By Bearing Type, 2021-2031F |
6.1.3 Thailand Automotive Bearing Market Revenues & Volume, By Ball bearing, 2021-2031F |
6.1.4 Thailand Automotive Bearing Market Revenues & Volume, By Roller bearing , 2021-2031F |
6.1.5 Thailand Automotive Bearing Market Revenues & Volume, By others, 2021-2031F |
6.2 Thailand Automotive Bearing Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Automotive Bearing Market Revenues & Volume, By PC, 2021-2031F |
6.2.3 Thailand Automotive Bearing Market Revenues & Volume, By LCV, 2021-2031F |
6.2.4 Thailand Automotive Bearing Market Revenues & Volume, By HCV , 2021-2031F |
6.2.5 Thailand Automotive Bearing Market Revenues & Volume, By Two-wheelers, 2021-2031F |
6.3 Thailand Automotive Bearing Market, By Aftermarket |
6.3.1 Overview and Analysis |
6.3.2 Thailand Automotive Bearing Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.3.3 Thailand Automotive Bearing Market Revenues & Volume, By Application, 2021-2031F |
6.4 Thailand Automotive Bearing Market, By |
6.4.1 Overview and Analysis |
7 Thailand Automotive Bearing Market Import-Export Trade Statistics |
7.1 Thailand Automotive Bearing Market Export to Major Countries |
7.2 Thailand Automotive Bearing Market Imports from Major Countries |
8 Thailand Automotive Bearing Market Key Performance Indicators |
8.1 Adoption rate of advanced bearing technologies in the automotive sector |
8.2 Percentage of automotive manufacturers using locally produced bearings |
8.3 Maintenance and replacement frequency of automotive bearings in Thailand |
9 Thailand Automotive Bearing Market - Opportunity Assessment |
9.1 Thailand Automotive Bearing Market Opportunity Assessment, By Bearing Type, 2021 & 2031F |
9.2 Thailand Automotive Bearing Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Thailand Automotive Bearing Market Opportunity Assessment, By Aftermarket, 2021 & 2031F |
9.4 Thailand Automotive Bearing Market Opportunity Assessment, By , 2021 & 2031F |
10 Thailand Automotive Bearing Market - Competitive Landscape |
10.1 Thailand Automotive Bearing Market Revenue Share, By Companies, 2024 |
10.2 Thailand Automotive Bearing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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