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Global Sliding Bearing Market Size, Share, Analysis, Forecast: By Application: Engine, Brakes, Bogie, Interior, Exterior; By Type: Linear, Thrust, Radial, Angular Contact, Others; By Material: Metallic, Non-Metallic; By Railway Type; Locomotive, Diesel Multiple Unit (DMU), Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Sliding Bearing Market Outlook
The global sliding bearing market attained a value of USD 1,111.47 million in 2023. The sliding bearing market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 6.9% to reach USD 2,031.95 million by 2032.
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The Asia Pacific is expected to be the leading regional sliding bearing market driven by the expansion of railways in countries like China, India, Thailand, and Japan. Radial sliding bearing is the leading type in the sliding bearing market due to its ability to handle heavy axial and radial loads. Due to its capacity to bear heavy loads and its high-temperature resistance, most sliding bearings are made of metallic materials. Bogie, meanwhile, is the largest application sector in the industry driven by the growing need for cross-country freight transport, which requires custom-designed cars.
Global Sliding Bearing Market Properties and Applications
Sliding bearing is a lightweight bearing, which creates a sliding friction, with the bearing supported by a sliding surface having air and oil in between to support the occurrence of the sliding movement.
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By type, the sliding bearing market can be divided into:
- Linear
- Thrust
- Radial
- Angular Contact
- Others
Based on materials, the industry can be bifurcated into:
- Metallic
- Non-Metallic
The sliding bearing market can be broadly categorised based on its applications segments into:
- Engine
- Brakes
- Bogie
- Interior
- Exterior
On the basis of railway types, the industry can be segmented into:
- Locomotive
- Diesel Multiple Unit (DMU)
- Electric Multiple Unit (EMU)
- Coach
- Wagon
- Light Rail and Metro
- High-Speed Train
The EMR report looks into the regional markets of sliding bearings like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Global Sliding Bearing Market Analysis
The expected growth in the railway infrastructural projects is expected to be the major market driver for sliding bearing in the coming years. The rapidly growing urbanisation is leading to a rising demand for light trains and metros, which is expected to aid the growth of the sliding bearing market in the forecast period. The cost-effectiveness, high-efficiency, and reliability of sliding bearing are expected to support the growth of the sliding bearing market further. However, the market growth might be hindered by the price volatility of raw materials and limited applications of sliding bearing in the railway sector.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global sliding bearings market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- SKF
- NTN Corporation
- Saint-Gobain Performance Plastics Pampus GmbH
- The Timken Company
- Schaeffler Technologies AG & Co. KG
- MinebeaMitsumi Inc.
- RBC Bearings Incorporated
- Others
The EMR report gives an in-depth insight into the sliding bearing market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by Type |
|
| Breakup by Material |
|
| Breakup by Railway Type |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Sliding Bearing Market Analysis
8.1 Key Industry Highlights
8.2 Global Sliding Bearing Historical Market (2018-2023)
8.3 Global Sliding Bearing Market Forecast (2024-2032)
8.4 Global Sliding Bearing Market by Application
8.4.1 Engine
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Brakes
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Bogie
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Interior
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Exterior
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.5 Global Sliding Bearing Market by Type
8.5.1 Linear
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Thrust
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Radial
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Angular Contact
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Sliding Bearing Market by Material
8.6.1 Metallic
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Non-Metallic
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Sliding Bearing Market by Railway Type
8.7.1 Locomotive
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Diesel Multiple Unit (DMU)
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Electric Multiple Unit (EMU)
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Coach
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Wagon
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
8.7.6 Light Rail and Metro
8.7.6.1 Historical Trend (2018-2023)
8.7.6.2 Forecast Trend (2024-2032)
8.7.7 High-Speed Train
8.7.7.1 Historical Trend (2018-2023)
8.7.7.2 Forecast Trend (2024-2032)
8.8 Global Sliding Bearing Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Sliding Bearing Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Sliding Bearing Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Sliding Bearing Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Sliding Bearing Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Sliding Bearing Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 SKF
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 NTN Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Saint-Gobain Performance Plastics Pampus GmbH
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 The Timken Company
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Schaeffler Technologies AG & Co. KG
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 MinebeaMitsumi Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 RBC Bearings Incorporated
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Sliding Bearing Market: Key Industry Highlights, 2018 and 2032
2. Global Sliding Bearing Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Sliding Bearing Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Sliding Bearing Historical Market: Breakup by Type (USD Million), 2018-2023
5. Global Sliding Bearing Market Forecast: Breakup by Type (USD Million), 2024-2032
6. Global Sliding Bearing Historical Market: Breakup by Material (USD Million), 2018-2023
7. Global Sliding Bearing Market Forecast: Breakup by Material (USD Million), 2024-2032
8. Global Sliding Bearing Historical Market: Breakup by Railway Type (USD Million), 2018-2023
9. Global Sliding Bearing Market Forecast: Breakup by Railway Type (USD Million), 2024-2032
10. Global Sliding Bearing Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Sliding Bearing Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Sliding Bearing Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Sliding Bearing Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Sliding Bearing Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Sliding Bearing Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Sliding Bearing Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Sliding Bearing Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Sliding Bearing Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Sliding Bearing Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Sliding Bearing Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Sliding Bearing Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Global Sliding Bearing Market Structure
Key Questions Answered in the Report
The global sliding bearing market reached a value of USD 1,111.47 million in 2023.
The market is projected to grow at a CAGR of nearly 6.9% in the forecast period of 2024-2032.
The global sliding bearing market is estimated to reach a value of about USD 2,031.95 million by 2032.
The major drivers of the market include rising disposable incomes, increasing population, rising urbanisation, and the cost-effectiveness, high-efficiency, and reliability of sliding bearing.
The key trends guiding the market include the increasing railway infrastructural projects, the rising requirement for cross-country freight transportation, and the high load-bearing capacity of sliding bearings.
The major regions in the market include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various applications of sliding bearing include engine, brakes, bogie, interior, and exterior.
The major types of the product in the market are linear, thrust, radial, and angular contact, among others.
The significant materials used for the product are metallic and non-metallic.
The several railway types considered in the market report include locomotive, diesel multiple unit (DMU), electric multiple unit (EMU), coach, wagon, light rail and metro, and high-speed train.
The leading players in the market are SKF, NTN Corporation, Saint-Gobain Performance Plastics Pampus GmbH, The Timken Company, Schaeffler Technologies AG & Co. KG, MinebeaMitsumi Inc., and RBC Bearings Incorporated, among others.
Analyst Review
The global sliding bearing market attained a value of USD 1,111.47 million in 2023, driven by the growth in the urbanisation. Aided by the cost-effectiveness of the product, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.9%. The industry is projected to reach USD 2,031.95 million by 2032.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on applications, the market can be segmented into engine, brakes, bogie, interior, and exterior. By types, the industry can be divided into linear, thrust, radial, and angular contact, among others. On the basis of material, the industry can be divided into metallic and non-metallic. By railway types, the market can be divided into locomotive, diesel multiple unit (DMU), electric multiple unit (EMU), coach, wagon, light rail and metro, and high-speed train. The major regional markets for sliding bearing are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above industry include SKF, NTN Corporation, Saint-Gobain Performance Plastics Pampus GmbH, The Timken Company, Schaeffler Technologies AG & Co. KG, MinebeaMitsumi Inc., and RBC Bearings Incorporated, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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