Increasing vehicle ownerships, demand for longer lifespan of vehicles and rising automotive maintenance and repair services are main factors influencing the growth of global automotive bearings market. However, the market remains under the influence of electrification of the industry. Although manufacturing of electric vehicles (EV) requires less number of bearings, development of new bearings suitable to EVs is likely to support the market growth. Further, growth of the automotive fleet industry is an important fillip responsible for driving the demand for automotive bearings in the near future.
 
NSK Develops High Performance Tapered Roller Hub Unit Bearing
NSK Ltd. is a leading manufacturer of automotive bearings, headquartered in Japan. Tapered roller wheel bearings are used in car and other vehicles’ wheel bearings where durability is a prerequisite. NSK has developed a high performance tapered roller hub unit bearing (HUB). These bearings are advanced in terms of increased operational reliability and low friction technology. The features assist in enhancing fuel-efficiency of all sized vehicles starting from passenger vehicles to commercial vehicles. Amidst the scenario of stricter environmental as well as fuel economy standards, development of tapered roller bearing with low friction is an important innovation.
 
NSK Launched Low-Noise Thrust Needle Roller Bearing for EVs
The company has launched new low-noise bearings for electric motor. As automotive electrification has changed the course of automotive industry, leading auto parts manufacturers are developing EV friendly automotive components. Electric motors generate less noise than combustion engines. To accommodate the low-noise requirement, NSK has launched a new low-noise thrust needle roller bearing suitable for EVs and plug-in hybrid vehicles (PHVs). The company aims at generating 1.5 billion yens of revenue from the selling of these bearings by 2021. 
 
SKF to Sell Cooper Bearings under Brand Name of SKF Cooper Split Bearing
SKF is a leading supplier of bearings, lubrication systems, seals, mechatronics and services worldwide. SKF had acquired Copper Roller Bearings in 2013. After the period of consolidation within the SKF group, SKF has announced all future selling of Cooper Split Bearings under the brand name of SKF Cooper split bearings. Along with the change of brand name, SKF plans to regulate global product inquiries, delivery and services through local SKF sales outlets. The SKF Cooper bearings can be handles without removal of surrounding equipment which saves maintenance efforts and downtime. Combination of SKF and Cooper’s excellence will successfully drive the sales of SKF Cooper bearings in global market.
 
As automotive industry flourishes, demand for automotive bearings is set to rise in future. However, rapid electrification of the industry demands development of novel bearings suitable for electric motors used in EVs and PHVs. Key players have aligned their manufacturing capabilities to this evolving trend of the automotive industry.
 
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