Market overview
The global marine thrust bearings market is worth USD 355 mn in 2026 and is forecast to reach USD 536 mn by 2036, growing at a 4.2% CAGR. China is the largest country market and Tilting-pad is the largest by type segment.
| Scope | Thrust bearings that take the propeller thrust on ship and boat shafts and thrusters: tilting-pad hydrodynamic, spherical roller, tapered and angular-contact designs. |
|---|---|
| Industry | Automotive |
| Value 2025 | USD 340 mn |
| Value 2026 | USD 355 mn |
| Value 2036 | USD 536 mn |
| CAGR 2026-2036 | 4.2% |
| Volume 2026 | 165 thousand units |
| Volume 2036 | 214 thousand units |
| Average price 2026 | USD 2,157 per unit |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Marine Thrust Bearings market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 355 mn |
| 2027 | USD 370 mn |
| 2028 | USD 386 mn |
| 2029 | USD 402 mn |
| 2030 | USD 419 mn |
| 2031 | USD 436 mn |
| 2032 | USD 455 mn |
| 2033 | USD 474 mn |
| 2034 | USD 494 mn |
| 2035 | USD 515 mn |
| 2036 | USD 536 mn |
Marine Thrust Bearings market segmentation
By type
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Tilting-pad | 44.0% | 43.2% | USD 156 mn | 4.0% |
| Spherical roller | 34.0% | 34.1% | USD 121 mn | 4.2% |
| Tapered and angular-contact | 14.0% | 14.4% | USD 50 mn | 4.5% |
| Other | 8.0% | 8.2% | USD 28 mn | 4.5% |
By vessel type
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Cargo ships and tankers | 40.0% | 37.3% | USD 142 mn | 3.5% |
| Naval vessels | 20.0% | 22.6% | USD 71 mn | 5.5% |
| Offshore and workboats | 22.0% | 21.6% | USD 78 mn | 4.0% |
| Passenger and leisure vessels | 18.0% | 18.5% | USD 64 mn | 4.5% |
By sales channel
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| New build | 54.0% | 55.6% | USD 192 mn | 4.5% |
| Replacement | 36.0% | 34.6% | USD 128 mn | 3.8% |
| Refit and upgrade | 10.0% | 9.8% | USD 36 mn | 4.0% |
By shaft power
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Below 1 MW | 34.0% | 31.0% | USD 121 mn | 3.2% |
| 1 to 10 MW | 44.0% | 44.0% | USD 156 mn | 4.2% |
| Above 10 MW | 22.0% | 25.0% | USD 78 mn | 5.5% |
By lubrication
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Oil-lubricated hydrodynamic | 62.0% | 60.0% | USD 220 mn | 3.9% |
| Grease-lubricated rolling | 26.0% | 25.0% | USD 92 mn | 3.8% |
| Water-lubricated and other | 12.0% | 15.0% | USD 43 mn | 6.5% |
Top 25 countries for marine thrust bearings by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 82.5% of 2026 revenue and the 25 countries below together hold 95.1%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 99 mn | 28.0% | USD 154 mn | 4.5% |
| 2 | South Korea | USD 53 mn | 15.0% | USD 79 mn | 4.0% |
| 3 | Japan | USD 39 mn | 11.0% | USD 55 mn | 3.5% |
| 4 | United States | USD 21 mn | 6.0% | USD 33 mn | 4.5% |
| 5 | Germany | USD 18 mn | 5.0% | USD 25 mn | 3.6% |
| 6 | Norway | USD 14 mn | 4.0% | USD 20 mn | 3.4% |
| 7 | Italy | USD 14 mn | 4.0% | USD 21 mn | 3.9% |
| 8 | India | USD 12 mn | 3.5% | USD 25 mn | 7.1% |
| 9 | Netherlands | USD 11 mn | 3.0% | USD 15 mn | 3.5% |
| 10 | Singapore | USD 11 mn | 3.0% | USD 16 mn | 3.9% |
| 11 | Greece | USD 6.3 mn | 1.8% | USD 8.8 mn | 3.4% |
| 12 | Denmark | USD 5.5 mn | 1.6% | USD 7.8 mn | 3.4% |
| 13 | Turkey | USD 4.9 mn | 1.4% | USD 8.8 mn | 6.2% |
| 14 | Taiwan | USD 4.3 mn | 1.2% | USD 6.0 mn | 3.4% |
| 15 | Vietnam | USD 3.8 mn | 1.1% | USD 6.9 mn | 6.2% |
| 16 | Brazil | USD 3.3 mn | 0.9% | USD 6.1 mn | 6.1% |
| 17 | Spain | USD 2.9 mn | 0.8% | USD 4.1 mn | 3.4% |
| 18 | France | USD 2.6 mn | 0.7% | USD 3.6 mn | 3.5% |
| 19 | United Kingdom | USD 2.3 mn | 0.6% | USD 3.2 mn | 3.4% |
| 20 | Poland | USD 2.0 mn | 0.6% | USD 2.8 mn | 3.4% |
| 21 | Indonesia | USD 1.7 mn | 0.5% | USD 3.2 mn | 6.2% |
| 22 | Malaysia | USD 1.5 mn | 0.4% | USD 2.8 mn | 6.2% |
| 23 | United Arab Emirates | USD 1.4 mn | 0.4% | USD 1.9 mn | 3.4% |
| 24 | Russia | USD 1.2 mn | 0.3% | USD 1.7 mn | 3.2% |
| 25 | Philippines | USD 1.1 mn | 0.3% | USD 1.9 mn | 6.1% |
| Rest of world | USD 17 mn | 4.9% | USD 24 mn | 3.2% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- SKF
- Schaeffler
- Timken
- NSK
Group 2: Regional and specialist players
- Michell Bearings
- Kingsbury
- Waukesha Bearings
- NTN
- Renk Group
- Miba
- Zollern
Group 3: Emerging and niche players
- Thordon Bearings
- Cooper Roller Bearings
- Duramax Marine
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the marine thrust bearings market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 4.2% is calculated from the resulting values.
The market is divided by type, by vessel type, by sales channel, by shaft power, by lubrication. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the marine thrust bearings market?
The global marine thrust bearings market is estimated at USD 340 mn in 2025 and USD 355 mn in 2026.
How fast will the marine thrust bearings market grow?
It is forecast to reach USD 536 mn by 2036, a compound annual growth rate of 4.2% from 2026, an increase of USD 181 mn.
Which country is the largest market for marine thrust bearings?
China is the largest market by revenue at USD 99 mn in 2026, 28.0% of the global total. The three largest countries together hold 54.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 7.1% a year from 2026 to 2036.
Which marine thrust bearings segment is largest?
In the by type split, Tilting-pad is the largest segment with 44.0% of 2026 revenue.
Who are the leading marine thrust bearings companies?
Global leaders include SKF, Schaeffler, Timken, NSK.
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