Bearing market size in India | Growth Insights & Forecast 2025

Code: MTA4019 Publication Date: Jun 2025

What is the Bearing Market size in India?

According to 6Wresearch internal database and industry insights, the India bearing market is estimated to be expand at rapid pace, projected to witness a compound annual growth rate (CAGR) of 9.56% in the coming years.

The industry is experiencing tremendous growth, bolstered by surging demand from the automotive, railways, and heavy machinery sectors. Apart from this, increasing manufacturing output, supportive government investments in infrastructure, and the expansion of industrial automation are further contributing to market growth.

Key Growth Factors in the India Bearing Market

  • Demand from sectors such as railways, automotive, and heavy machinery.
  • Accelerating infrastructure projects under government initiatives like Gati Shakti.
  • Surge in aftermarket demand for replacement bearings in older machinery.
  • Growth in capitalization in railway modernization and freight corridors.
  • Demand from sectors such as railways, automotive, and heavy machinery.
  • Development of the automotive industry, especially in electric and hybrid vehicles.
  • Localization of bearing manufacturing reinforced by “Make in India” policy.

India Bearing Market Trends (2025–2031)

India bearing market is expected to grow with several major trends.  For instance, rise of smart bearings embedded with sensors for predictive maintenance. Local sourcing and production are also gaining traction to diminish import dependence. Also, the use of energy-efficient and lightweight materials in bearing production is likely to become a prominent trend in line with sustainability goals.

Major Companies in the India Bearing Industry

  1. Timken India Ltd.
  2. NRB Bearings Ltd.
  3. National Engineering Industries Ltd.
  4. SKF India Ltd.
  5. Schaeffler India
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All