선회 베어링 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 전동체별, 기어 유형별, 설계별, 용도별, 지역별 및 경쟁 상황(2021-2031년)

The Global Slewing Bearing Market is projected to expand from USD 5.14 Billion in 2025 to USD 6.92 Billion by 2031, reflecting a CAGR of 5.08%. Slewing bearings are specialized rotational rolling elements engineered to support heavy axial, radial, and moment loads simultaneously while enabling the slow rotation or oscillation of massive structural components. The market is primarily driven by the robust development of the renewable energy sector, particularly for wind turbine pitch and yaw systems, as well as sustained demand for heavy machinery in the construction and mining industries. Furthermore, growth is bolstered by increasing needs in the defense sector and medical equipment manufacturing, where precision load handling is critical. These fundamental drivers represent core industrial necessities rather than transient technological trends.

A major challenge hindering market expansion is the volatility of raw material prices, especially steel, which causes pricing instability and reduces profit margins for manufacturers. This economic pressure is frequently compounded by supply chain disruptions that delay production schedules for essential infrastructure projects. Despite these hurdles, the sector continues to experience strong demand arising from green energy initiatives. According to the World Wind Energy Association, the global wind power industry added approximately 121,305 Megawatts of new capacity in 2024. This significant volume of installation directly correlates with the ongoing requirement for heavy-duty bearings utilized in turbine articulation mechanisms.

Market Driver

The rapid expansion of wind energy and solar power infrastructure serves as the primary catalyst for the global slewing bearing market, creating a need for advanced components for turbine articulation. Modern wind turbines require high-performance slewing rings to manage complex loads within pitch and yaw systems, allowing blades to optimize air capture and the nacelle to rotate relative to wind direction. As turbines grow in size for offshore deployment, the demand for larger double-row and triple-row roller bearings increases to ensure operational durability in harsh environments. This sector's momentum is highlighted by significant capacity additions; according to the Global Wind Energy Council's 'Global Wind Report 2024' from April 2024, the global wind industry installed a record 117 Gigawatts of new capacity in 2023, signaling a surge in procurement orders for drivetrain and structural bearings.

The surge in global construction and infrastructure development acts as the second critical pillar supporting market volume, particularly through the manufacturing of heavy-duty excavation and lifting machinery. Slewing bearings function as the mechanical heart of hydraulic excavators, tower cranes, and tunnel boring machines, enabling the smooth rotation of massive superstructures while bearing immense axial and radial forces. Urbanization trends in developing economies are driving sustained fleet expansion for original equipment manufacturers. This demand is reflected in financial performance; according to Caterpillar Inc.'s '2023 Annual Report' from February 2024, the company's Construction Industries segment achieved total sales of $27.4 billion. To support this industrial activity, leading bearing manufacturers maintain significant output levels, as evidenced by SKF's March 2024 'Annual Report 2023', which reported full-year net sales of SEK 103,881 million.

Market Challenge

The volatility of raw material prices, particularly for high-grade steel, stands as a primary obstacle to the stable growth of the Global Slewing Bearing Market. Manufacturers of these heavy-duty components rely heavily on consistent input costs to maintain competitive pricing structures for long-term contracts within the construction and wind energy sectors. When steel prices fluctuate unpredictably, producers encounter significant difficulties in estimating production costs, often leading to eroded profit margins or the necessity of passing cost increases to clients. This pricing instability forces end-users to delay procurement decisions, effectively slowing down order intake for new machinery and infrastructure projects.

This market uncertainty is supported by recent industrial metrics indicating unexpected shifts in material consumption. According to the World Steel Association in October 2024, global steel demand was projected to decline by 0.9% to reach 1,751 million tonnes, reversing earlier forecasts of recovery. Such erratic shifts in demand and production volumes create a precarious planning environment for bearing manufacturers, who struggle to secure raw materials at stable rates. Consequently, this financial unpredictability hampers the ability of manufacturers to expand capacity or commit to fixed-price deliveries, directly impeding overall market expansion.

Market Trends

The integration of Internet of Things (IoT) sensors for predictive maintenance is fundamentally reshaping the operational lifecycle of slewing bearings, particularly in remote or hazardous environments. By embedding advanced sensor arrays directly into the bearing race, operators can monitor real-time data regarding axial and radial wear, grease condition, and structural stress without manual intervention. This technological shift moves the industry from reactive repair schedules to condition-based maintenance strategies, significantly improving asset availability in sectors like offshore wind and mining. According to Modern Construction News in January 2025, in the article 'Liebherr Unveils Next-Generation Slewing Bearings and Slew Drives', the implementation of digital bearing clearance monitoring systems can reduce equipment downtime by up to 75% by eliminating the need for physical inspections in difficult-to-access machinery zones.

Concurrently, the emergence of hybrid ceramic and steel bearing configurations is evolving to address both performance requirements and strict industrial decarbonization targets. While ceramic rolling elements are adopted for their electrical insulation and speed capabilities, manufacturers are aggressively innovating the metallurgical composition of steel rings to minimize environmental impact. This trend involves substituting conventional energy-intensive steel with low-carbon alternatives produced via electric arc furnaces, thereby reducing the embodied carbon of the final assembly. This material evolution is substantiated by recent supply chain shifts; according to SKF's December 2024 press release 'SKF and Swiss Steel Group reduce CO2 emissions from steel products in rolling bearing production by 40%', the adoption of renewable-energy-manufactured GreenSteel Climate+ for bearing components successfully lowered carbon dioxide emissions by 40% compared to standard steel production methods.

Key Market Players

• 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.
• Defontaine Group

Report Scope

In this report, the Global Slewing Bearing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Slewing Bearing Market, By Rolling Element

• Ball
• Roller

Slewing Bearing Market, By Gear Type

• Internal Gear
• Ungeared
• External Gear

Slewing Bearing Market, By Design

• Cross Roller Slewing Ring Bearing
• Single-row Four Point Contact Ball Slewing Ring Bearing
• Three-row Roller Slewing Ring Bearings
• Double-row Ball Slewing Ring Bearings
• Others

Slewing Bearing Market, By Application

• Wind & Solar Energy
• Aerospace & Defense
• Medical
• Industrial Machinery
• Oil & Gas
• Others

Slewing Bearing Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Slewing Bearing Market.

Available Customizations:

Global Slewing Bearing Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Slewing Bearing Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Rolling Element (Ball, Roller)
  • 5.2.2. By Gear Type (Internal Gear, Ungeared, External Gear)
  • 5.2.3. By Design (Cross Roller Slewing Ring Bearing, Single-row Four Point Contact Ball Slewing Ring Bearing, Three-row Roller Slewing Ring Bearings, Double-row Ball Slewing Ring Bearings, Others)
  • 5.2.4. By Application (Wind & Solar Energy, Aerospace & Defense, Medical, Industrial Machinery, Oil & Gas, Others)
  • 5.2.5. By Region
  • 5.2.6. By Company (2025)
• 5.3. Market Map

6. North America Slewing Bearing Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Rolling Element
  • 6.2.2. By Gear Type
  • 6.2.3. By Design
  • 6.2.4. By Application
  • 6.2.5. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Slewing Bearing Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Rolling Element
      • 6.3.1.2.2. By Gear Type
      • 6.3.1.2.3. By Design
      • 6.3.1.2.4. By Application
  • 6.3.2. Canada Slewing Bearing Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Rolling Element
      • 6.3.2.2.2. By Gear Type
      • 6.3.2.2.3. By Design
      • 6.3.2.2.4. By Application
  • 6.3.3. Mexico Slewing Bearing Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Rolling Element
      • 6.3.3.2.2. By Gear Type
      • 6.3.3.2.3. By Design
      • 6.3.3.2.4. By Application

7. Europe Slewing Bearing Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Rolling Element
  • 7.2.2. By Gear Type
  • 7.2.3. By Design
  • 7.2.4. By Application
  • 7.2.5. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Slewing Bearing Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Rolling Element
      • 7.3.1.2.2. By Gear Type
      • 7.3.1.2.3. By Design
      • 7.3.1.2.4. By Application
  • 7.3.2. France Slewing Bearing Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Rolling Element
      • 7.3.2.2.2. By Gear Type
      • 7.3.2.2.3. By Design
      • 7.3.2.2.4. By Application
  • 7.3.3. United Kingdom Slewing Bearing Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Rolling Element
      • 7.3.3.2.2. By Gear Type
      • 7.3.3.2.3. By Design
      • 7.3.3.2.4. By Application
  • 7.3.4. Italy Slewing Bearing Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Rolling Element
      • 7.3.4.2.2. By Gear Type
      • 7.3.4.2.3. By Design
      • 7.3.4.2.4. By Application
  • 7.3.5. Spain Slewing Bearing Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Rolling Element
      • 7.3.5.2.2. By Gear Type
      • 7.3.5.2.3. By Design
      • 7.3.5.2.4. By Application

8. Asia Pacific Slewing Bearing Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Rolling Element
  • 8.2.2. By Gear Type
  • 8.2.3. By Design
  • 8.2.4. By Application
  • 8.2.5. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Slewing Bearing Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Rolling Element
      • 8.3.1.2.2. By Gear Type
      • 8.3.1.2.3. By Design
      • 8.3.1.2.4. By Application
  • 8.3.2. India Slewing Bearing Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Rolling Element
      • 8.3.2.2.2. By Gear Type
      • 8.3.2.2.3. By Design
      • 8.3.2.2.4. By Application
  • 8.3.3. Japan Slewing Bearing Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Rolling Element
      • 8.3.3.2.2. By Gear Type
      • 8.3.3.2.3. By Design
      • 8.3.3.2.4. By Application
  • 8.3.4. South Korea Slewing Bearing Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Rolling Element
      • 8.3.4.2.2. By Gear Type
      • 8.3.4.2.3. By Design
      • 8.3.4.2.4. By Application
  • 8.3.5. Australia Slewing Bearing Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Rolling Element
      • 8.3.5.2.2. By Gear Type
      • 8.3.5.2.3. By Design
      • 8.3.5.2.4. By Application

9. Middle East & Africa Slewing Bearing Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Rolling Element
  • 9.2.2. By Gear Type
  • 9.2.3. By Design
  • 9.2.4. By Application
  • 9.2.5. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Slewing Bearing Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Rolling Element
      • 9.3.1.2.2. By Gear Type
      • 9.3.1.2.3. By Design
      • 9.3.1.2.4. By Application
  • 9.3.2. UAE Slewing Bearing Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Rolling Element
      • 9.3.2.2.2. By Gear Type
      • 9.3.2.2.3. By Design
      • 9.3.2.2.4. By Application
  • 9.3.3. South Africa Slewing Bearing Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Rolling Element
      • 9.3.3.2.2. By Gear Type
      • 9.3.3.2.3. By Design
      • 9.3.3.2.4. By Application

10. South America Slewing Bearing Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Rolling Element
  • 10.2.2. By Gear Type
  • 10.2.3. By Design
  • 10.2.4. By Application
  • 10.2.5. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Slewing Bearing Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Rolling Element
      • 10.3.1.2.2. By Gear Type
      • 10.3.1.2.3. By Design
      • 10.3.1.2.4. By Application
  • 10.3.2. Colombia Slewing Bearing Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Rolling Element
      • 10.3.2.2.2. By Gear Type
      • 10.3.2.2.3. By Design
      • 10.3.2.2.4. By Application
  • 10.3.3. Argentina Slewing Bearing Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Rolling Element
      • 10.3.3.2.2. By Gear Type
      • 10.3.3.2.3. By Design
      • 10.3.3.2.4. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Slewing Bearing Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Schaeffler India Limited
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. The Timken Company
• 15.3. Antex Corp
• 15.4. NSK Ltd.
• 15.5. La Leonessa S.p.A
• 15.6. Fenghe Slewing Bearing
• 15.7. Zhejiang Tianma Bearing Group Co., Ltd.
• 15.8. WaFangDian Rolling Bearing Manufacturing Co., Ltd.
• 15.9. Xuzhou Helin Slewing Bearing Co., Ltd.
• 15.10. Defontaine Group

16. Strategic Recommendations

17. About Us & Disclaimer