Analysis of China Bearing Industry Development Trends: Leading Enterprises Ranking in 2025 and the Path Toward High-End Transformation
Bearings, often referred to as the “joints of the machinery industry,” are fundamental components that support equipment operation and ensure the efficient functioning of industrial systems. Driven by the dual forces of global manufacturing transformation and the accelerated localization of China’s high-end equipment, the country’s bearing industry is undergoing a profound shift—from “scale leadership” to “quality leadership.”
This article, compiled by Shanghai Trans-Power Co., Ltd. (www.tp-sh.com) provides a systematic analysis of the development trajectory and future direction of the bearing industry from three perspectives: the current industry landscape, domestic enterprise structure, and long-term industry trends.
1. Current Situation of China’s Bearing Industry: From Scale Expansion to Quality Leadership
China has become the world’s largest producer and consumer of bearings. The industry continues to demonstrate steady growth in scale, continuous structural optimization, and accelerating technological breakthroughs. Its foundational role within the national economy is becoming increasingly prominent.
As of 2024, China’s bearing industry maintains a globally leading output value, accompanied by gradually improving industry concentration. However, the high-end segment still relies on imports, with import volume reaching approximately USD 4.12 billion in 2024—primarily concentrated in high-tech sectors such as aerospace, high-speed rail, and semiconductor equipment. Meanwhile, China’s total export value reached USD 5.87 billion, with key destinations including Southeast Asia, the Middle East, Africa, Europe, and the United States.
Supported by favorable policies and advancements in technology, breakthroughs in domestic high-end bearings are accelerating. Well-established domestic suppliers—including TP Bearing—are actively investing in high-precision manufacturing. Through material innovation and process optimization, these companies are continuously enhancing the global competitiveness of China’s high-end bearings, contributing to the transformation from “Made in China” to “Smart Manufacturing in China.”
2. China Bearing Enterprises in 2025
China's bearing industry features a competitive landscape in which long-established leaders coexist with rising innovators in specialized segments. Major enterprises such as Renben Group, Wanxiang Qianchao, and Huizhou Intelligent (formerly Tianma Bearing) are contributing to industry upgrades alongside specialized manufacturers like Luoyang Xinqiangdong Rotating Bearing Co., Ltd. and Sinomach Precision Engineering Group Co., Ltd.
Revenue Ranking of Bearing Enterprises (August 2025)
| Ranking | Company Name |
|---|---|
| NO.1 | Renben Group Co., Ltd. |
| NO.2 | Wanxiang Qianchao Co., Ltd. |
| NO.3 | Huizhou Intelligent Technology Group Co., Ltd. |
| NO.4 | Luoyang Bearing Group Co., Ltd. |
| NO.5 | Wafangdian Bearing Group Co., Ltd. |
In today’s highly competitive market, selecting reliable business partners among numerous suppliers has become a crucial challenge f or companies striving to enhance operational efficiency. With decades of industry expertise, TP serves as a trusted one-stop procurement partner. We provide not only proven technical solutions but also tailored services to meet specific business needs—helping enterprises reduce costs, improve efficiency, and achieve sustainable growth.
With over 20 years of development, TP Bearing specializes in high-precision bearing R&D and customized manufacturing. Through rigorous quality control systems and rapid response capabilities, we have become a dependable one-stop partner for global customers.
Introduction to Domestic High-Quality Bearing & Spare Parts Manufacturers: Main Products of Shanghai Trans-Power Co., Ltd.
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3. Development Trends of the Bearing Industry from 2025 to 2030: High-End, Intelligent, and Globalized
Over the next five years, the global bearing industry is expected to enter a critical phase of technological iteration and market restructuring. The overarching trends can be summarized into three major themes: premiumization, intelligentization, and globalization.
1. Material Revolution Drives Quality Upgrades
Breakthroughs in materials science will become the key driver of bearing performance improvement. By 2027, the mass production cost of advanced materials such as silicon nitride is expected to decrease by around 40%, accelerating adoption in aerospace, heavy machinery, and semiconductor sectors.
Meanwhile, advancements in surface coating technologies and 3D printing will extend bearing life and enhance consistency. Shanghai Trans-Power has already taken the lead by applying nano-composite coatings and high-precision forming processes to improve wear resistance and operational stability.
2. Intelligent Manufacturing Accelerates Product Evolution
Intelligent manufacturing is making traditional mechanical components “smart.”
By 2026, the global smart bearing market is expected to exceed 15%.
By 2030, the penetration rate of IoT-based monitoring systems is projected to rise from 8.3% (2024) to 32%.
3. Market Focus Shifts Toward High-End & New Energy
With global energy transformation accelerating, new structural opportunities are emerging.
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By 2028, global installed wind power capacity is expected to exceed 150 GW, with the bearing market reaching USD 4.7 billion.
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Aerospace, semiconductor, and new energy EV battery-swapping systems will become new high-growth sectors.
TP Bearing integrates in-house R&D with customer collaboration to deliver system solutions for high-load, high-speed, and extended-life applications.
4. Regional Development: Asia-Pacific Leads, China Rises
By 2030, the Asia-Pacific region is expected to hold 58% of the global market share, with China becoming a core hub for innovation and manufacturing.
During this process, TP Bearing will continue to enhance its global supply chain, strengthen cooperation with international customers, and help elevate the value of “China Intelligent Manufacturing” in the global high-end equipment chain.
TP Bearing: Empowering China’s High-End Equipment Upgrade
From basic components to strategic pillars of advanced manufacturing, China’s bearing industry stands at a pivotal stage of quality transformation and global competition. Under the combined influence of policy support, technological innovation, and rising market demand, the industry is not only achieving scale expansion but also making breakthroughs in domestic substitution, intelligent transformation, and global development.
As a manufacturer with deep industry experience, TP Bearing (www.tp-sh.com) adheres to the product philosophy of “high precision, long life, and intelligence.” Through continuous R&D investment, intelligent manufacturing, and green production, we provide reliable core components for global high-end equipment—supporting the transition of China’s manufacturing industry toward high-quality development.
For more information on high-precision bearing solutions, please visit TP Bearing’s official website: www.tp-sh.com
info@tp-sh.com
Post time: Nov-14-2025