Passenger Car Bearing & Clutch Component Aftermarket

Passenger Car Bearing and Clutch Component Aftermarket Outlook from 2024 to 2034

The global passenger car bearing & clutch component aftermarket size is estimated to reach USD 9,341.1 million in 2024. It will likely register steady growth, with overall demand rising at 5.2% CAGR. The total market value in 2034 is predicted to reach USD 15,513.6 million.

Demand is expected to remain high for clutch kit components throughout the forecast period. As per the latest report, the target segment will likely expand at a CAGR of 4.7% between 2024 and 2034.

Attributes	Key Insights
Base Value (2023)	USD 8,926.5 million
Estimated Passenger Car Bearing and Clutch Component Aftermarket Value (2024)	USD 9,341.1 million
Projected Passenger Car Bearing and Clutch Component Aftermarket Revenue (2034)	USD 15,513.6 million
Value-based CAGR (2024 to 2034)	5.2%
Collective Value Share: Top 5 Countries (2024E)	47.8%

Passenger Car Bearing and Clutch Component Aftermarket Overview

• The global passenger vehicle bearings and clutch component aftermarket are set to expand steadily during the forecast period. Aftermarket automotive components, including bearings and clutch systems, are witnessing significant demand as they are essential for the proper functioning of a vehicle's drivetrain.
• Rather than acquiring automotive components from original equipment manufacturers (OEMs), consumers and automotive service providers purchase aftermarket parts for maintenance, repair, or upgrading purposes. This will continue to provide impetus for aftermarket growth.
• The aftermarket caters to the demand for high-quality, compatible, and often specialized bearings and clutch components tailored to various makes and models of passenger vehicles. Automotive aftermarket businesses offer affordable alternatives to OEM-supplied parts. This is attracting customers towards the aftermarket segment.
• Increasing vehicle parc and the aging global car fleet are key factors driving the growth of the passenger car bearing & clutch component aftermarket growth.
• The increasing prevalence of car ownership, driven by economic expansion and population increase, creates a constant need for replacement parts such as clutches and bearings.
• The fleet of older cars increases this need because they eventually wear out and require the replacement of important parts.
• The complex relationship between an aging fleet and increasing vehicle ownership highlights the aftermarket's critical role as a lifelong support system that ensures vehicle longevity. It offers necessary parts and accessories for maintenance, repairs, and performance upgrades.
• AB SKF, Schaeffler AG, The Timken Company, JTEKT Corporation, NTN Corporation, and ZF Friedrichshafen AG are the top players leveraging cutting-edge instruments. These industry leaders drive innovation, ensuring the development of advanced, reliable, and high-performance components.
• As the automotive market expands, the demand for aftermarket solutions intensifies, particularly due to the aging vehicle fleet and the continuous need for replacement parts.
• Companies' ability to adapt to evolving technologies and consumer demands further positions the passenger car bearing & clutch component aftermarket for continued success.
• A noticeable trend in the passenger vehicle bearing & clutch component aftermarket is the growing demand for customization, particularly catering to off-road enthusiasts.
• Off-road driving presents unique challenges, necessitating specialized bearings and clutch components capable of withstanding rugged terrains. Enthusiasts seek aftermarket solutions that offer enhanced durability, improved traction, and optimal performance under extreme conditions.
• Manufacturers and suppliers are responding to this trend by developing bespoke components, including car clutch release bearings tailored to the specific needs of off-road vehicles, providing enthusiasts with the means to customize their rides for superior off-road experiences.
• Car enthusiasts seek unique solutions, such as heavy-duty wheel bearings, rugged clutch kits, and specialized transmission bearings designed to withstand the rigors of off-road terrain. This will likely facilitate sales growth through 2034.
• Implementation of stringent regulations is expected to necessitate the development of cleaner, more fuel-efficient engines requiring different bearings and clutch components. This, in turn, will likely boost the growth of the passenger car bearing & clutch component aftermarket.
• Shift toward electrically assisted manual transmissions might create growth opportunities for aftermarket companies.

Key Passenger Car Bearing and Clutch Component Aftermarket Report Highlights

Market to Expand Nearly 1.7X through 2034

The global aftermarket for passenger car bearings & clutch components is anticipated to expand nearly 1.7X through 2034, amid a 2.9% spike in expected CAGR compared to the historical one. This is due to the increasing need for replacement bearings from passenger cars.

As the global vehicle population expands, there is a natural increase in the need for replacement parts and maintenance services, driving aftermarket demand. Consumers are increasingly seeking cost-effective solutions for vehicle repairs and upgrades, turning to aftermarket options for bearings and clutch components.

North America Remains the Frontrunner in the Global Aftermarket

As per the latest analysis, North America will continue to remain the most lucrative market for aftermarket passenger car components during the forecast period. It is set to hold around 30.2% of the global aftermarket share in 2034. North America's leadership in the passenger car bearing and clutch component aftermarket is underpinned by several key factors.

• Firstly, the region boasts a mature and well-established automotive market with a high density of vehicles. This extensive vehicle population, coupled with an aging vehicle fleet, results in an increased demand for replacement parts and maintenance services, particularly in critical systems like bearings and clutches.
• North America's stringent safety standards drive the need for regular vehicle maintenance, contributing to the sustained demand for aftermarket solutions. The region's cultural emphasis on vehicle performance and customization further fuels the demand for high-quality, aftermarket components.
• The presence of a robust aftermarket infrastructure, including well-developed distribution networks and service centers, facilitates easy accessibility to replacement parts. The prevalence of automotive enthusiasts and a strong Do-It-Yourself (DIY) culture in North America boosts aftermarket sales as consumers actively seek customizable and performance-oriented components for their vehicles.

Clutch Kit Components Remain Highly Sought-after Products

As per the report, clutch kit components are expected to dominate the global passenger car bearing & clutch component aftermarket, holding a value share of about 45.6% in 2024. Further, the target segment is predicted to expand at a CAGR of 5.5% through 2034.

• The dominance and impact of clutch kit components can be attributed to several key reasons. The clutch system is a critical component in a vehicle's drivetrain, directly influencing its overall performance and functionality. As such, the demand for reliable and high-performance clutch kit components remains consistently high among vehicle owners and repair service providers.
• The widespread use of manual transmissions, particularly in passenger cars, contributes significantly to the prominence of clutch kit components. Manual transmissions rely on a well-functioning clutch system, making replacing and upgrading clutch components a common necessity.
• The growing popularity of performance-oriented driving experiences and the aftermarket customization trend amplify the demand for advanced and high-quality clutch kits. Enthusiasts and drivers seeking enhanced vehicle performance often turn to aftermarket clutch components to achieve improved responsiveness and durability.

Historical Passenger Car Bearing and Clutch Component Aftermarket Outlook

Global sales of aftermarket passenger car bearings & clutch components increased at a CAGR of 2.3% between 2019 and 2023. Total revenue reached about USD 8,926.5 million in 2023. In the forecast period, the worldwide passenger car bearing & clutch component aftermarket is set to progress at a CAGR of 5.2%.

Historical CAGR (2019 to 2023)	2.3%
Forecast CAGR (2024 to 2034)	5.2%

• The global aftermarket for passenger car bearings & clutch components witnessed slow growth between 2019 and 2023. This was due to economic uncertainties, reduced vehicle production, and disruptions in the automotive supply chain, which impacted aftermarket demand for replacement parts during this period.
• During the COVID-19 pandemic, the passenger car bearing and clutch component aftermarket faced unprecedented challenges. Lockdowns, supply chain disruptions, and economic uncertainties led to reduced vehicle production and aftermarket demand.
• With restrictions affecting mobility, vehicle maintenance took a backseat. Uncertain consumer spending and manufacturing disruptions added to the slowdown.
• The industry, however, showcased resilience, adapting to new norms, implementing safety measures, and gradually recovering as restrictions eased. This emphasized the sector's ability to navigate challenges and paved the way for a gradual resurgence in the post-pandemic automotive aftermarket landscape.

Future Scope of the Passenger Car Bearing and Clutch Component Aftermarket

Over the assessment period, the target industry is predicted to grow steadily, reaching a valuation of USD 15,513.6 million by 2034. This is attributed to a combination of factors, including:

• Increasing vehicle ownerships, coupled with growing demand for aftermarket vehicle accessories
• A growing aging vehicle fleet and rising need for replacing worn or damaged parts like bearings and clutch components in vehicles
• Cost-effectiveness of aftermarket automotive parts like bearings and clutch components
• Technological advancements, coupled with aftermarket innovations
• Rising demand for high-performance and customized components
• Growing emphasis on improving the efficiency, reliability, and safety of vehicles
• The aftermarket's resilience in adapting to evolving consumer needs and preferences
• Increasing spending on passenger vehicle bearing replacements

Passenger Car Bearing and Clutch Component Aftermarket Trends

• Rising interest in vehicle customization
• Adoption of 3D printing and additive manufacturing
• Growing popularity of electric and hybrid vehicles
• Ongoing advancements in bearing and clutch technologies
• Development of smart bearings
• Increasing interest in vehicle maintenance
• Rise of digital commerce

Key Dynamics of Passenger Car Bearing and Clutch Component Aftermarket

Increasing Vehicle Ownership and Aging Vehicle Fleet

A significant force driving the passenger vehicle bearing and clutch component aftermarket is the dual impact of increasing global vehicle ownership and the aging vehicle fleet. The surge in vehicle ownership, propelled by population growth and economic development, stimulates aftermarket demand.

The rising number of vehicle owners results in a sustained need for replacement parts, including crucial components like bearings and clutches. As consumers retain vehicles for more extended periods, there is a natural increase in demand for replacement parts such as wheel bearings, transmission bearings, clutch actuators, and clutch kits.

The aging of the global vehicle fleet further propels aftermarket trends, necessitating maintenance and replacements for aging components. This emphasizes the aftermarket's pivotal role in ensuring vehicle longevity.

The dynamic interaction between escalating vehicle ownership and an aging fleet underscores the aftermarket's critical function as a support system for both new and existing vehicle owners. Stakeholders in the passenger vehicle bearing and clutch component aftermarket must adeptly anticipate and meet the demands arising from the growing base of vehicle owners and the inevitable aging process of vehicles on the roads.

Consumer Preferences and Customization

A pivotal driver in the passenger vehicle bearing and clutch component aftermarket is the intricate dance between evolving consumer preferences and the growing trend of customization. This combination will be key in fueling demand for aftermarket components.

Shifting consumer tastes wields a profound influence, extending beyond mere functionality to encompass a desire for personalized driving experiences. This shift signifies a departure from the one-size-fits-all approach, with consumers increasingly seeking vehicles tailored to their specific needs and aesthetic preferences.

Customization emerges as a significant force shaping aftermarket trends as consumers actively seek unique and performance-oriented vehicle features. This trend extends to bearings and clutch components, with enthusiasts and car owners demanding specialized solutions that align with their distinct preferences.

Whether for enhanced performance, specific vehicle applications, or stylistic modifications, the demand for bespoke aftermarket components is propelled by a consumer base keen on differentiating their vehicles from the norm. The ability to offer a diverse range of customizable bearings and clutch components positions providers to capitalize on this trend.

Successful forecasting and adaptation strategies involve staying ahead of evolving consumer preferences and understanding the desire for individuality in vehicles. Similarly, delivering aftermarket solutions that resonate with those seeking a personalized and unique driving experience will help companies to stay ahead.

Transformative Influence of Maintenance and Repair Awareness

Maintenance and repair awareness stand as pivotal drivers in shaping the trajectory of the passenger vehicle bearing & clutch component aftermarket. A heightened awareness among vehicle owners regarding the significance of regular maintenance and repair activities profoundly influences aftermarket dynamics.

As consumers increasingly recognize the importance of preserving the longevity and optimal performance of their vehicles, the demand for replacement parts, including bearings and clutch components, experiences a notable upswing. This driver is accentuated by a shift in consumer mindset, emphasizing proactive measures to ensure the reliability and safety of their vehicles.

As vehicles age, the need for component replacements becomes more apparent, prompting owners to engage in preventive maintenance practices. This trend not only fosters a culture of responsible vehicle ownership but also significantly contributes to aftermarket growth.

The increasing awareness of vehicle maintenance and repair is a vital driver in the passenger vehicle bearings and clutch component aftermarket. Consumers are becoming more conscious of the need to maintain their vehicles regularly to ensure safety and extend their lifespan.

Rising emphasis on maintaining vehicles is encouraging consumers to use a proactive approach to vehicle maintenance and replacement of worn-out components. This is expected to boost sales of aftermarket car bearings and clutch components.

Factors Restraining Passenger Car Bearing and Clutch Component Aftermarket

Addressing Counterfeit and Low-quality Products

A notable restraint in the passenger vehicle bearing & clutch component aftermarket is the pervasive challenge posed by counterfeit and low-quality products. The infiltration of substandard components into the market creates a substantial threat, undermining the integrity of the aftermarket landscape.

Counterfeit bearings and clutch components compromise the safety and performance of vehicles. They also erode consumers' trust in the aftermarket as a reliable source for replacement parts.

Counterfeit products often fall short of industry standards and specifications, jeopardizing the reliability and durability that consumers expect from aftermarket components. The consequences extend beyond the financial impact of potential product failures as safety concerns become paramount.

The presence of counterfeit parts can erode trust in the aftermarket industry, making consumers wary of purchasing non-OEM parts. To overcome this challenge, regulatory bodies, and industry stakeholders must work together to enforce quality standards and establish mechanisms to detect and prevent the distribution of counterfeit components. This restraint underscores the importance of maintaining the integrity and reputation of the aftermarket industry.

Impact of Escalating Vehicle Complexity

A substantial restraint in the passenger vehicle bearing & clutch component aftermarket is the escalating complexity of modern vehicles. The automotive industry's continual integration of advanced electronics, intricate drivetrain systems, and interconnected technologies presents a formidable challenge for aftermarket stakeholders.

As vehicles evolve into sophisticated machines, the aftermarket must grapple with the demand to produce components that align with intricate specifications. This increasing complexity leads to several constraints for the aftermarket.

Firstly, the manufacturing of aftermarket bearings and clutch components becomes more intricate, requiring specialized knowledge and technology. This heightened complexity translates into elevated production costs, subsequently influencing pricing dynamics and potentially making aftermarket solutions less cost-competitive.

The challenge extends to compatibility issues. Modern vehicles are often designed with proprietary systems, and aftermarket components must adhere to these specific configurations. Ensuring seamless integration with diverse vehicle models becomes more challenging, necessitating ongoing research and development efforts.

Country-wise Insights

The table below highlights key countries’ passenger car bearing & clutch component aftermarket revenues. The United States, China, and India are expected to remain the top three pockets for aftermarket passenger car bearings and clutch components, with estimated valuations of USD 3,341.8 million, USD 1,726.1 million, and USD 1,023.6 million, respectively, in 2034.

Countries	Projected Passenger Car Bearing and Clutch Component Aftermarket Revenue (2034)
United States	USD 3,341.8 million
China	USD 1,726.1 million
India	USD 1,023.6 million
Germany	USD 750.5 million
Japan	USD 576.9 million

The table below shows the anticipated growth rates of the top three countries. India, South Korea, and China will likely record high CAGRs of 6.5%, 5.4%, and 5.1%, respectively, through 2034.

Countries	Projected Passenger Car Bearing and Clutch Component CAGR (2024 to 2034)
India	6.5%
South Korea	5.4%
China	5.1%
United Kingdom	4.9%
Japan	4.6%
United States	4.2%

Aging Vehicle Fleet Propelling Demand in the United States

The United States passenger car bearing and clutch component aftermarket size is projected to reach USD 3,341.8 million by 2034. Demand for aftermarket passenger car bearings & clutch components in the United States will likely rise at 4.2% CAGR during the forecast period.

• The United States is witnessing an era of innovative growth, marking a transformative phase in the automotive industry. A convergence of factors propels this evolution, primarily the nation's robust automotive sector, characterized by a large and diverse vehicle fleet. As vehicles age, there is a growing demand for replacement parts, creating a thriving aftermarket segment.
• Advancements in technology have played a pivotal role in shaping the aftermarket landscape, with continuous innovations enhancing the durability, performance, and efficiency of bearings and clutch components.
• The embrace of cutting-edge solutions by manufacturers and suppliers has positioned the United States as a hub for groundbreaking developments in this sector.
• The nation's DIY (do-it-yourself) culture has fostered a community of enthusiasts and car owners who actively seek and adopt innovative aftermarket solutions for their vehicles. This will likely improve the United States passenger car bearing & clutch component aftermarket share.
• Expansion of the automotive clutch repair parts aftermarket is expected to benefit the target industry.

Booming Automotive Sector Fueling Sales in China

Sales of aftermarket passenger car bearings & clutch components in China are projected to soar at a CAGR of around 5.1% during the assessment period. Total valuation in the country is anticipated to reach USD 1,726.1 million by 2034.

• The rapid expansion of the automotive industry in China has led to an increased demand for aftermarket products, as the country boasts the world's largest automotive market. The increasing middle class has a growing appetite for vehicle ownership, driving the need for maintenance and replacement parts.
• The government's focus on promoting innovation and technological advancement has spurred the development of high-quality bearings and clutch components in China. This has not only enhanced domestic production capabilities but has also made Chinese products competitive on a global scale.
• The increasing awareness of the importance of regular vehicle maintenance among Chinese consumers is also expected to fuel aftermarket growth. As more car owners prioritize the upkeep of their vehicles, there is a rising demand for reliable and durable replacement parts, including bearings and clutch components.
• Flourishing passenger vehicle transmission parts aftermarket will also create growth prospects for companies in China.

Growing Demand for Affordable Automotive Components Fostering Growth in India

As per the latest analysis, the passenger car bearing & clutch component aftermarket in India is anticipated to grow at a healthy CAGR of 6.5% during the next ten years. It will likely have a total valuation of USD 1,023.6 million by 2034.

• The aftermarket for passenger car bearings and clutch components is booming in India and strongly embedded in the nation's expanding manufacturing sector.
• The need for aftermarket components is increasing dramatically due to the fast expansion of the automobile industry in India, which is driven by the nation's thriving economy and growing urbanization.
• Increased vehicle ownership in the nation's passenger automobile sector is expected to propel demand for dependable and reasonably priced replacement components.
• India's manufacturing prowess and technological advancements have not only propelled the production of automobiles but have also fostered innovations in aftermarket components.
• The sector benefits from a confluence of factors, including an aging vehicle fleet that requires frequent maintenance and a growing consumer awareness of the advantages of aftermarket solutions.
• As India positions itself as a global manufacturing hub, the aftermarket for passenger car bearings & clutch components stands out as a dynamic and integral part of the automotive ecosystem.
• Expanding car clutch system repair parts aftermarket will also create growth opportunities for companies in India.

Category-wise Insights

The section below shows the above sedan segment dominating the passenger car bearing & clutch component aftermarket. It is set to grow at 4.7% CAGR through 2034. Based on product type, the clutch kit components will likely advance at a CAGR of 5.5% from 2024 to 2034.

Sedan Category to Generate Significant Growth Opportunities

Top Segment (Vehicle Type)	Sedan
Predicted CAGR (2024 to 2034)	4.7%

As per the latest analysis, the sedan segment is projected to grow at a CAGR of 4.7% during the forecast period. By 2034, the target segment is estimated to reach USD 5,513.6 million.

The dominance of the sedan-type vehicle segment in the car bearing and clutch repair part aftermarket can be attributed to several factors. These include increasing sales of sedans globally and bearing high replacement rates.

• Sedans are among the most popular vehicle types in many regions, offering a balance of comfort, affordability, and practicality. Due to their widespread use in both personal and commercial applications, sedans experience higher wear and tear, leading to increased demand for aftermarket bearings and clutch components.
• Sedans often serve as the preferred choice for daily commuting, contributing to higher mileage and, consequently, more frequent maintenance requirements. This sustained usage pattern results in a continuous need for replacement parts, driving the aftermarket growth.
• The standardized design and components across many sedan models simplify the production and availability of aftermarket parts. This is making it a lucrative segment for manufacturers and suppliers in the bearing and clutch component market.

Sales of Clutch Kit Components Likely to Outpace Other Products

Top Segment (Product Type)	Clutch Kit Components
Projected CAGR (2024 to 2034)	5.5%

Based on product type, sales of clutch kit components are set to rise at a higher CAGR of 5.5% during the assessment period. The target segment will likely generate a total revenue of around USD 7,278.3 million by 2034. Rising demand for replacement clutch components for cars is a prominent factor driving sales.

• The sustained high demand for aftermarket clutch components for automobiles can be attributed to several factors. The clutch is a critical component in vehicle drivetrain systems and is subject to significant wear and tear over time. As a result, regular replacement is essential for optimal performance, creating a consistent market demand.
• Growing awareness among vehicle owners about the importance of preventative maintenance enhances the need for timely replacement of clutch kit components. This proactive approach to vehicle care contributes to a continuous market for these essential parts.
• The increasing popularity of manual transmission vehicles, where clutches play a pivotal role, ensures a steady and ongoing demand for clutch kit components in the aftermarket. The combination of these factors ensures that the demand for clutch kit components remains consistently high.
• Expanding clutch component aftermarket for passenger cars will likely foster segment growth through 2034. To gain maximum benefit, key players are expected to develop new aftermarket clutch kits for cars.

Competitive Landscape

The global passenger car bearing & clutch component aftermarket is fragmented, with leading players accounting for about 20% to 25% share. Bosch, ZF Friedrichshafen AG., AISIN, Valeo Corp., Eaton Corporation Plc, and Aptiv are the leading manufacturers and suppliers of passenger car bearings & clutch components listed in the report.

Key companies are concentrating on providing novel solutions like light, durable, high-performance automotive bearings for electric vehicles to meet the evolving needs of the automotive sector. Similarly, new clutches for passenger cars and light commercial vehicles are being developed. Top players are also inclined toward adopting strategies like distribution agreements, mergers, collaborations, acquisitions, facility expansions, and partnerships to strengthen their footprint.

Recent Developments in Passenger Car Bearing and Clutch Component Aftermarket

• In May 2022, Schaeffer launched a new high-performance ball bearing with an integrated centrifugal disc, offering improved efficiency and reduced CO2 emissions for electric vehicles. This innovative bearing combines the benefits of open and sealed bearings, resulting in significantly less energy loss and improved range for electric vehicles.
• In 2022, The Timken Company, a prominent leader in industrial motion products and engineered bearings, reached an agreement to acquire GGB Bearing Technology (GGB).

Key Coverage in the Passenger Car Bearing and Clutch Component Aftermarket Research Report

• Adjacent Study on Global Passenger Car Driveline Repair Parts Aftermarket, Automotive Bearing Aftermarket, Passenger Car Clutch Assembly Aftermarket, and Passenger Car Drivetrain Aftermarket
• In-depth Analysis of Clutch Parts Aftermarket for Passenger Vehicles
• Information about Popular Aftermarket Clutch Release Bearings for Automobiles
• Top Car Clutch Bearing and Car Clutch Release Bearing Manufacturers, Suppliers, and Exporters in India
• Competition Analysis in the Automotive Aftermarket with Special Focus on Valeo’s, AB SKF’s, and Schaeffler AG’s Strategies
• Drivers Expanding Qatar Passenger Car Aftermarket Components Market Size

Passenger Car Bearing and Clutch Component Industry Research Scope

Attribute	Details
Estimated Market Value (2024)	USD 9,341.1 million
Projected Market Size (2034)	USD 15,513.6 million
Anticipated Growth Rate (2024 to 2034)	5.2%
Historical Data	2019 to 2023
Forecast Period	2024 to 2034
Quantitative Units	Value (USD million) and Volume (‘000 Units)
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Market Segments Covered	Product Type, Vehicle Type, Sales Channel, Region
Regions Covered	North America; Latin America; Western Europe; Eastern Europe; East Asia; South Asia & Pacific; Middle East & Africa
Key Countries Covered	United States, Canada, Mexico, Brazil, Chile, Germany, Italy, France, United Kingdom, Spain, BENELUX, NORDICS, Poland, Hungary, Balkan and Baltics, Russia, India, Association of Southeast Asian Nations, Australia and New Zealand, China, Japan, South Korea, Kingdom of Saudi Arabia, Other GCC Countries, Türkiye, South Africa
Key Companies Profiled	AB SKF; Schaeffler AG; The Timken Company; JTEKT Corp; NTN Corporation; Nachi-Fujikoshi Corp; Fersa Group; BorgWarner Inc; Valeo; Robert Bosch GmbH; Eaton Corporation Plc; ZF Friedrichshafen AG; AISIN; EXEDY; Minebea Mitsumi Inc; Aptiv

Passenger Car Bearing and Clutch Component Aftermarket Segmentation

By Product Type:

• Wheel Bearing
  • Front Wheel Bearings
  • Rear Wheel Bearings
• Clutch Actuators
  • Hydraulic
  • Pneumatic
  • Electromagnetic
• Clutch Kit Components
  • Friction Plates
  • Pressure Plates
  • Release Bearings
  • Others
• Transmission Bearings
  • Input Shaft Bearings
  • Output Shaft Bearings
  • Main Shaft Bearings
  • Counter Shaft Bearings
  • Needle Roller Bearing
• Differential Bearings

By Vehicle Type:

• Hatchback
• Sedan
• SUV
• Luxury Cars

By Sales Channel:

• Authorized Dealerships
• Automotive Parts Retailers
• Online Retail
• Auto Repair Shops
• Distributors and Wholesalers

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa

Frequently Asked Questions

What was the value of the global market in 2023?

The global market was valued at USD 8,926.5 million in 2023.

How big is the passenger car bearing and clutch component aftermarket?

The global market is estimated to total USD 9,341.1 million in 2024.

At what rate will the global demand rise through 2034?

Global passenger car bearing & clutch component demand is set to rise at 5.2% CAGR.

What is the expected market size in 2034?

The passenger car bearing & clutch component aftermarket is set to reach USD 15,513.6 million in 2034.

Which are the key market players?

Robert Bosch GmbH., ZF Friedrichshafen, AISIN, Valeo Corp., Ltd., and Eaton Corporation.