-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 V231/D80NtdH1r1n4QA7I+ommvTi3QfmITxoD90QLdHUwjFD2ejhygC7oMcUh8ok
 fjKnSNwu/hezNMbxVYRIWg==

<SEC-DOCUMENT>0001140361-09-011902.txt : 20090512
<SEC-HEADER>0001140361-09-011902.hdr.sgml : 20090512
<ACCEPTANCE-DATETIME>20090512153316
ACCESSION NUMBER:		0001140361-09-011902
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090508
FILED AS OF DATE:		20090512
DATE AS OF CHANGE:		20090512

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			REGAL BELOIT CORP
		CENTRAL INDEX KEY:			0000082811
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTORS & GENERATORS [3621]
		IRS NUMBER:				390875718
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		200 STATE ST
		CITY:			BELOIT
		STATE:			WI
		ZIP:			53511
		BUSINESS PHONE:		6083648800

	MAIL ADDRESS:	
		STREET 1:		200 STATE STREET
		CITY:			BELOIT
		STATE:			WI
		ZIP:			53511-6254

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BELOIT TOOL CORP
		DATE OF NAME CHANGE:	19730522

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RECORD A PUNCH CORP
		DATE OF NAME CHANGE:	19690320

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FISCHER THOMAS J
		CENTRAL INDEX KEY:			0001231566
		STANDARD INDUSTRIAL CLASSIFICATION:	TOTALIZING FLUID METERS & COUNTING DEVICES [3824]
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07283
		FILM NUMBER:		09818610

	BUSINESS ADDRESS:	
		STREET 1:		231 W. MICHIGAN ST
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53203
		BUSINESS PHONE:		414 221 2985

	MAIL ADDRESS:	
		STREET 1:		231 W. MICHIGAN ST
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53203
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc1.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-05-08</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000082811</issuerCik>
        <issuerName>REGAL BELOIT CORP</issuerName>
        <issuerTradingSymbol>RBC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001231566</rptOwnerCik>
            <rptOwnerName>FISCHER THOMAS J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>200 STATE STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BELOIT</rptOwnerCity>
            <rptOwnerState>WI</rptOwnerState>
            <rptOwnerZipCode>53511</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-05-08</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>2000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Non-qualified Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>20.3</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2004-04-22</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-04-22</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Non-qualified Stock Option</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>20000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>20000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Restricted Stock Units (RSUs) granted to the reporting person under the 2003 Equity Incentive Plan. RSUs vest 100% on May 8, 2012. Each RSU is equal to one share of Common Stock and is payable only in stock.</footnote>
        <footnote id="F2">Four thousand (4,000) shares are immediately exercisable and four thousand (4,000) shares become exercisable on the date of the Company's Annual Shareholders Meeting in each of the next four (4) years as long as the Director remains in office.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Thomas J. Fischer by David A. Barta POA</signatureName>
        <signatureDate>2009-05-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----