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Bearing & Gear Manufacturing in the UK - Market Size, Industry Analysis, Trends and Forecasts (2025-2029)

Yusuf Allinson Yusuf Allinson London, United Kingdom Last Updated: August 2025 SIC UK-C2814

Revenue

£61.5bn

2025-26

£64.2bn

Past 5-Year Growth

Profit

£X.Xbn

Employees

284k

Businesses

3,074

Wages

£XX.Xbn

Bearing & Gear Manufacturing in the UK industry analysis

Bearing and gear manufacturing companies produce various products, including bearings, gearboxes, clutches, and transmission shafts for industrial, rail, and automotive sectors. Manufacturers rely on export revenue, leaving them susceptible to input inflation and exchange rate movements. Similarly, the development of the downstream automotive industry plays a central role in dictating the order volume of mechanical drive elements and various bearings. Outside motor vehicle manufacturers, bearings and gearboxes supply industrial equipment manufacturers, including lifting and handling equipment and agricultural machinery manufacturers. Germany comprises the largest share of industry revenue because the country produces more vehicles than any other country in the EU.

Trends and Insights

  • Sluggish revenue growth leaves manufacturers vulnerable to external acquisition. Supply-side inflation, low order volumes and weak profitability left some companies vulnerable to acquisition. European manufacturers are also vulnerable to import competition for most bearing and gear products.
  • Bearing & bearing housing sales suffer from low industrial production volumes. According to the European Commission, industrial production in the Euro area tumbled by 6.6% over the years through October 2023, weighing on downstream demand for bearings.
  • A handful of manufacturers hold a slice of market share. A degree of market saturation has begun to occur where manufacturers can only achieve growth via acquisitions, while intense import competition restricts growth prospects for SMEs.
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Top Questions Answered in this Report

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What is the market size of the Bearing & Gear Manufacturing industry in the United Kingdom in 2025?

The market size of the Bearing & Gear Manufacturing industry in the United Kingdom is £61.5bn in 2025.

How many businesses are there in the Bearing & Gear Manufacturing industry in the United Kingdom in 2025?

There are 3,074 businesses in the Bearing & Gear Manufacturing industry in the United Kingdom, which has declined at a CAGR of 0.3 % between 2020 and 2025.

Has the Bearing & Gear Manufacturing industry in the United Kingdom grown or declined over the past 5 years?

The market size of the Bearing & Gear Manufacturing industry in the United Kingdom has been growing at a CAGR of 2.6 % between 2020 and 2025.

What is the forecast growth of the Bearing & Gear Manufacturing industry in the United Kingdom over the next 5 years?

Over the next five years, the Bearing & Gear Manufacturing industry in the United Kingdom is expected to grow.

What does the Bearing & Gear Manufacturing industry in the United Kingdom include?

Gearbox and Bearing & bearing housing are part of the Bearing & Gear Manufacturing industry in the United Kingdom.

How competitive is the Bearing & Gear Manufacturing industry in the United Kingdom?

The level of competition is high and increasing in the Bearing & Gear Manufacturing industry in the United Kingdom.

Everything you need in one report

  • Reliable market estimates from 2015-2030
  • Competitive analysis, industry segmentation, financial benchmarks
  • Powerful SWOT, Porter’s Five Forces and risk management frameworks
  • Online membership platform with PDF, Word, Excel and PPT exports

Table of Contents

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Manufacturers must comply with a handful of EU and European regulations. Bearing and gear manufacturers must abide by the Machinery Directive (2006/42/EC), the Occupational Health and Safety Act and Ordinance and the EU General Product Safety Regulation (GPSR). The regulation applies to machinery, interchangeable equipment, safety components and lifting accessories.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Bearing & Gear Manufacturing in the UK industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Profitability has edged downward due to high input costs. Over 2021 and 2022, supply chain bottles drove up raw material prices, while the Russian-Ukraine conflict pushed up transportation and logistics costs, weighing on probability. Easing prices in 2025 have presented a relief to profitability.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Bearing & Gear Manufacturing in the UK industry?


Key Ratios

Data tables
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)
  • Revenue per Employee (2015-2030)
  • Wages/Revenue (2015-2030)
  • Employees per Establishment (2015-2030)
  • Average Wage (2015-2030)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and bottom five countries listed for each:

  • Revenue Growth (2025)
  • Business Growth (2025)
  • Job Growth (2025)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2025)
  • Imports/Demand (2025)
  • Exports/Revenue (2025)
  • Revenue per Employee (2025)
  • Wages/Revenue (2025)
  • Employees per Establishment (2025)
  • Average Wage (2025)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

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