Slewing Bearing Market

By Type;

Tapered Roller Bearings, Ball Bearings and Combined Roller & Ball Bearings

By Gear Type;

Internal Gear, Ungeared and External Gear

By Application;

Heavy-Duty Machinery, Wind Turbines, Mining Equipment, Robotics Equipment, Medical Diagnostic Equipment and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn624677901 Published Date: September, 2025 Updated Date: October, 2025

Slewing Bearing Market Overview

Slewing Bearing Market (USD Million)

Slewing Bearing Market was valued at USD 5,140.61 million in the year 2024. The size of this market is expected to increase to USD 8,389.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.


Slewing Bearing Market

*Market size in USD million

CAGR 6.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.8 %
Market Size (2024)USD 5,140.61 Million
Market Size (2031)USD 8,389.17 Million
Market ConcentrationMedium
Report Pages331
5,140.61
2024
8,389.17
2031

Major Players

  • thyssenkrupp rothe erde Germany GmbH
  • SKF
  • Schaeffler India Limited
  • THE TIMKEN COMPANY
  • Antex corp
  • NSK Ltd.
  • LA LEONESSA S.p.A
  • Fenghe Slewing Bearing
  • Zhejiang Tianma Bearing Group Co., Ltd.
  • WaFangDian Rolling Bearing Manufacturing CO.,LTD.
  • Xuzhou Helin Slewing Bearing Co., Ltd.
  • ABC Bearings
  • NTN-SNR
  • Kaydon Bearing
  • Defontaine Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Slewing Bearing Market

Fragmented - Highly competitive market without dominant players


The Slewing Bearing Market is witnessing significant growth driven by the increasing adoption of precision rotational systems in industrial and construction equipment. Over 64% of manufacturers prefer slewing bearings for their ability to handle heavy radial, axial, and moment loads while ensuring smooth motion. Their durability and efficiency are accelerating demand across multiple high-performance applications.

Expanding Applications Across Industrial Equipment
The usage of slewing bearings has expanded rapidly in construction machinery, wind turbines, material handling systems, and mining equipment. Approximately 60% of operators use these components to enable precise rotation, reduce mechanical wear, and enhance equipment performance. Their versatility and reliability make them essential in advanced engineering and automation systems.

Technological Advancements Driving Product Innovation
Innovations in advanced metallurgy, automated manufacturing techniques, and smart monitoring systems are improving the quality and durability of slewing bearings. Nearly 62% of producers are adopting AI-enabled diagnostics, predictive maintenance tools, and integrated load sensors to enhance equipment performance. These technological improvements are driving efficiency and reliability in critical industrial applications.

Strategic Collaborations and Market Expansion
The Slewing Bearing Market is benefitting from increasing investments, strategic partnerships, and innovative product launches by leading manufacturers and technology providers. Around 58% of companies are collaborating to create next-generation slewing bearings with improved load capacity, precision engineering, and digital monitoring capabilities. These initiatives are driving innovation and strengthening the market’s competitive position globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Gear
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Slewing Bearing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Demand surge in construction
        2. Industrial automation growth
        3. Infrastructure investments
        4. Mining sector expansion
        5. Aerospace demand rise
      2. Restraints
        1. Counterfeit product risks
        2. Stringent regulations
        3. Supply chain vulnerabilities
        4. High maintenance costs
        5. Skill shortage
      3. Opportunities
        1. Wind energy growth
        2. Smart bearing solutions
        3. Robotics integration
        4. Lightweight materials adoption
        5. Additive manufacturing use
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Slewing Bearing Market, By Type, 2021 - 2031 (USD Million)
      1. Tapered Roller Bearings
      2. Ball Bearings
      3. Combined Roller & Ball Bearings
    2. Slewing Bearing Market, By Gear Type, 2021 - 2031 (USD Million)
      1. Internal Gear
      2. Ungeared
      3. External Gear
    3. Slewing Bearing Market, By Application, 2021 - 2031 (USD Million)
      1. Heavy-Duty Machinery
      2. Wind Turbines
      3. Mining Equipment
      4. Robotics Equipment
      5. Medical Diagnostic Equipment
      6. Others
    4. Slewing Bearing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. SKF Group
      2. Thyssenkrupp / Rothe Erde
      3. Schaeffler Group
      4. The Timken Company
      5. NTN Corporation
      6. NSK Ltd.
      7. Kaydon Corporation
      8. Liebherr Group
      9. IMO Group
      10. Antex Corporation
      11. La Leonessa
      12. Defontaine / Rollix
      13. Fenghe Slewing Bearing
      14. Xuzhou Wanda Slewing Bearing
      15. Laulagun Bearings
  7. Analyst Views
  8. Future Outlook of the Market