Brazil Bearing Market Size & Outlook, 2023-2030

The bearing market in Brazil is expected to reach a projected revenue of US$ 9,728.8 million by 2030. A compound annual growth rate of 9.4% is expected of Brazil bearing market from 2024 to 2030.
Revenue, 2023 (US$M)
$5,180.3
Forecast, 2030 (US$M)
$9,728.8
CAGR, 2024 - 2030
9.4%
Report Coverage
Brazil

Brazil bearing market highlights

  • The Brazil bearing market generated a revenue of USD 5,180.3 million in 2023 and is expected to reach USD 9,728.8 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
  • In terms of segment, roller bearings was the largest revenue generating product in 2023.
  • Roller Bearings is the most lucrative product segment registering the fastest growth during the forecast period.

Bearing market data book summary

Market revenue in 2023USD 5,180.3 million
Market revenue in 2030USD 9,728.8 million
Growth rate9.4% (CAGR from 2023 to 2030)
Largest segmentRoller bearings
Fastest growing segmentRoller Bearings
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBall Bearings, Roller Bearings, Plain Bearings
Key market players worldwideJTEKT Corp, NSK Ltd, NTN Corp, RBC Bearings Inc, Regal Rexnord Corp, Schaeffler AG ADR, SKF AB ADR, The Timken Co

Other key industry trends

  • In terms of revenue, Brazil accounted for 4.3% of the global bearing market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil bearing market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 4,485.7 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Bearing Market Scope

Bearing market segmentation & scope
Deep Groove Bearings
Other
Split
Tapered
Others
Journal Plain Bearing
Linear Plain Bearing
Thrust Plain Bearing
Others
Others
Automotive
Agriculture
Electrical
Mining & Construction
Railway & Aerospace
Automotive Aftermarket
Others

Bearing Market Companies

Name Profile # Employees HQ Website

Brazil bearing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bearing market will help companies and investors design strategic landscapes.


Roller bearings was the largest segment with a revenue share of 59.56% in 2023. Horizon Databook has segmented the Brazil bearing market based on ball bearings, roller bearings, plain bearings covering the revenue growth of each sub-segment from 2017 to 2030.


  • Brazil Bearing Product Outlook (Revenue, USD Million, 2017-2030)
    • Ball Bearings
      • Deep Groove Bearings
      • Other
    • Roller Bearings
      • Split
      • Tapered
      • Others
    • Plain Bearings
      • Journal Plain Bearing
      • Linear Plain Bearing
      • Thrust Plain Bearing
      • Others
    • Others
  • Brazil Bearing Application Outlook (Revenue, USD Million, 2017-2030)
    • Automotive
    • Agriculture
    • Electrical
    • Mining & Construction
    • Railway & Aerospace
    • Automotive Aftermarket
    • Others

Reasons to subscribe to Brazil bearing market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Brazil bearing market databook

  • Our clientele includes a mix of bearing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Brazil bearing market , including forecasts for subscribers. This country databook contains high-level insights into Brazil bearing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Brazil bearing market size, by product, 2017-2030 (US$M)

Brazil Bearing Market Outlook Share, 2023 & 2030 (US$M)

Brazil bearing market size, by product, 2017-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more