Sliding Bearing Market | Contrive Datum Insights

The global Sliding Bearing Market was valued at USD 928 Million in 2020 and is projected to reach USD 1381 Million by 2026, growing at a CAGR of 5.75% between 2022 and 2030.

Sliding Bearing Market Overview

Sliding occurs along the contact surface between the moving element and the fixed element. This type of bearing is also called a plain bearing because the friction is generated by the two sliding surfaces. The shaft is usually supported by a sliding surface with oil and air in between to facilitate the sliding movement. Plain bearings are lightweight and have a long service life while introducing minimal vibration or noise. Loads are transferred from rotating parts to a stationary part called the frame or housing. Relative motion allows two members to proceed in one or both directions with minimal friction and also prevents movement in the direction in which the load is applied. Hence, increasing demand for high efficiency and a rise in railway development projects are expected to drive market growth over the forecast period.

Contrive Datum Insights has recently published the Sliding Bearing Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Sliding Bearing market.

Some of the key players profiled in the study are:

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: SKF Group, GGB Bearing Technology, NSK, Schaeffler, RBC Bearings, Timken, Brammer Plc, JTEKT, NTN Corporation, AST Bearings, and others.

What are the major Applications, Types, and Regions for the Sliding Bearing Market?

Market for Railway, By Application

• Engine
• Brakes
• Bogie
• Interior
• Exterior

Market for Railway, By Bearing Type

• Linear
• Thrust
• Radial
• Angular contact
• Others

Market for Railway, By Material

• Metallic
• Non-metallic

Market for Railway, By Railway Type

• Locomotive
• Diesel Multiple Unit (DMU)
• Electric Multiple Unit (EMU)
• Coach
• Wagon
• Light and Metro rail
• High-speed train

Sliding Bearing Market Regional Insights:

The Asia Pacific region dominated the global market in terms of revenue, with a share of over 40.1% in 2017. The region is anticipated to witness significant growth over the forecast period owing to accelerated industrialization and urbanization, which has led to increased construction activities across developing economies such as China, India, and Japan. This factor is expected to drive product demand over the forecast period 2018 to 2028. North America is expected to be the second largest market for plain bearings owing to the increasing adoption of technologically advanced products in various end-use industries including automotive, construction, and mining, among others.

Geographically, the global Sliding Bearing market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Sliding Bearing Market Report Scope:

Frequently Asked Questions (FAQ) about the Sliding Bearing market:

What is the CAGR of the global Sliding Bearing market?

The Sliding Bearing Market is growing at a CAGR of 6.4% during the forecast period.

Which region would offer high growth for vendors in the Sliding Bearing market?

The Asia Pacific region dominated the global market in terms of revenue, with a share of over 40.1% in 2017.

Which Is the Most potential market segment?

Market for Railway, By Application

• Engine
• Brakes
• Bogie
• Interior
• Exterior

Market for Railway, By Bearing Type

• Linear
• Thrust
• Radial
• Angular contact
• Others

Which are the top industry players in the Sliding Bearing market?

SKF Group, GGB Bearing Technology, NSK, Schaeffler, RBC Bearings, Timken, Brammer Plc, JTEKT, NTN Corporation, AST Bearings