Durability Trends Reshape Automotive Wheel Bearing Market

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2025-06-12 09:32:50 -

The global automotive wheel bearing market was valued at approximately USD 39.5 billion in 2021 and is expected to grow at a CAGR of 3.4%, reaching around USD 53.6 billion by 2030. The market growth is driven by increased automotive production, rising demand for commercial vehicles, growing average vehicle age, and the adoption of sensor-integrated bearing systems for enhanced vehicle...

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