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United Kingdom Sliding Bearing Market

United Kingdom Sliding Bearing Market Size, Share, Analysis: By Bearing Type: Linear, Thrust, Radial, Angular Contact, Others; By Material: Metallic, Non-Metallic; By Railway Type: Locomotive, Diesel Multiple Unit (DMU), Electric Multiple Unit (EMU), Coach, Wagon, Others; By Application; Regional Analysis; Competitive Landscape; 2024-2032

United Kingdom Sliding Bearing Market Size

The United Kingdom sliding bearing market is projected to grow at a CAGR of 4.3% between 2024 and 2032.

 

United Kingdom Sliding Bearing Market Report Summary Description Value
Base Year XX 2023
Historical period XX 2018-2023
Forecast Period XX 2024-2032
Market Size 2023 XX XX
Market Size 2032 XX XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 4.3%
CAGR 2024-2032 - Market by Region Scotland 4.8%
CAGR 2024-2032 - Market by Region Wales 4.6%
CAGR 2024-2032 - Market by Bearing Type Thrust 4.9%
CAGR 2024-2032 - Market by Material Metallic 4.8%
Market Share by Region England 56.0%

 

United Kingdom Sliding Bearing Market Outlook

  • According to the ‘Research on Long-Term Passenger Demand Growth’, the growth potential for railway journeys is 97 per cent in 2050 compared to the pre-pandemic level, which creates a lucrative market for sliding bearings used in rails.
  • As per the industry reports, in 2024, almost half of the trains in the UK have been replaced or upgraded in the past ten years, which provided a flourishing opportunity for sliding bearings.
  • Alstom announced its partnership with SLC Rail in March 2024 to establish a new open access rail venture connecting North Wales, Shropshire, the Midlands, and London.

 

United Kingdom Sliding Bearing Market Growth

The growing usage of sliding bearings in the railway sector, rapid advancements in the automotive sector, and increased investment in the infrastructure are some of the crucial market drivers. The automotive sector is a major end-user of sliding bearings and advancements and expansions in this sector boost the demand for high-end bearings that provide both longevity and accuracy.

 

The demand for sliding bearings remains steady due to the continuous requirement for maintenance and replacement of industrial machinery. The ageing infrastructure of numerous industrial plants and equipment throughout the United Kingdom necessitates regular upgrades, which frequently involve the replacement of bearings.

 

There is also a growing trend towards developing new materials and composites for sliding bearings, to reduce weight, improve load capacity, and increase resistance to environmental factors like corrosion and extreme temperatures.

 

United Kingdom Sliding Bearing Market

 

United Kingdom Sliding Bearing Industry Segmentation

“United Kingdom Sliding Bearing Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

CAGR 2024-2032 - Market by Bearing Type
Thrust 4.9%
Linear 4.7%
Radial 4.4%
Angular Contact 4.2%
Others 3.9%

 

Market Breakup by Bearing Type

  • Linear
  • Thrust
  • Radial
  • Angular Contact
  • Others

 

CAGR 2024-2032 - Market by Material
Metallic 4.8%
Non-Metallic 3.9%

 

Market Breakup by Material

  • Metallic
  • Non-Metallic 

 

Market Breakup by Railway Type

  • Locomotive
  • Diesel Multiple Unit (DMU)
  • Electric Multiple Unit (EMU) 
  • Coach
  • Wagon
  • Light Rail and Metro
  • High-Speed Train

 

Market Breakup by Application

  • Engine
  • Brakes 
  • Bogie 
  • Interior
  • Exterior

 

CAGR 2024-2032 - Market by Region
Scotland 4.8%
Wales 4.6%
England 4.2%
Northern Ireland 3.9%

 

Market Breakup by Region

  • England
  • Wales
  • Scotland
  • Northern Ireland

 

United Kingdom Sliding Bearing Market Share

Based on bearing type, the market is divided into linear, thrust, radial, and angular contact, among others. Radial bearings are expected to witness significant growth, growing at a CAGR of 4.4% between 2-24-2032 as these bearings are specifically designed to bear loads that are perpendicular to the axis of rotation. They find extensive use in various applications such as automotive engines, transmissions, industrial machinery, and electric motors, among others. Their adaptability and ability to withstand substantial radial loads also make them an essential component in a wide range of mechanical systems.

 

Market Share by Region
England 56.0%
Wales XX%
Scotland XX%
Northern Ireland XX%

 

Leading Companies in the United Kingdom Sliding Bearing Market

The market players are developing sliding bearings with advanced materials to gain a competitive edge in the market.

 

  • Schaeffler AG
  • SKF AB
  • NTN Corp.
  • Timken Co.
  • THK Co., Ltd.
  • RBC Bearings Inc.
  • igus Inc.
  • MinebeaMitsumi Inc.
  • Saint-Gobain S.A.
  • Others

 

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:

  • Bearing Type
  • Material
  • Railway Type
  • Application
  • Region
Breakup by Bearing Type
  • Linear
  • Thrust
  • Radial
  • Angular Contact
  • Others
Breakup by Material
  • Metallic
  • Non-Metallic
Breakup by Railway Type
  • Locomotive
  • Diesel Multiple Unit (DMU)
  • Electric Multiple Unit (EMU) 
  • Coach
  • Wagon
  • Light Rail and Metro
  • High-Speed Train
Breakup by Application
  • Engine
  • Brakes 
  • Bogie 
  • Interior
  • Exterior
Breakup by Region
  • England
  • Wales
  • Scotland
  • Northern Ireland
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Schaeffler AG
  • SKF AB
  • NTN Corp.
  • Timken Co.
  • THK Co., Ltd.
  • RBC Bearings Inc.
  • igus Inc.
  • MinebeaMitsumi Inc.
  • Saint-Gobain S.A.
  • Others

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

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    Market Snapshot
7    Opportunities and Challenges in the Market
8    Europe Sliding Bearing Market Overview

    8.1    Key Industry Highlights
    8.2    Europe Sliding Bearing Historical Market (2018-2023) 
    8.3    Europe Sliding Bearing Market Forecast (2024-2032)
9    United Kingdom Sliding Bearing Market Overview
    9.1    Key Industry Highlights
    9.2    United Kingdom Sliding Bearing Historical Market (2018-2023) 
    9.3    United Kingdom Sliding Bearing Market Forecast (2024-2032)
10    United Kingdom Sliding Bearing Market by Bearing Type
    10.1    Linear
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Thrust
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Radial
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Angular Contact
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    United Kingdom Sliding Bearing Market by Material
    11.1    Metallic
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Non-Metallic
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
12    United Kingdom Sliding Bearing Market by Railway Type
    12.1    Locomotive
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Diesel Multiple Unit (DMU)
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Electric Multiple Unit (EMU) 
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Coach
        12.4.1    Historical Trend (2018-2023)
        12.4.2    Forecast Trend (2024-2032)
    12.5    Wagon
        12.5.1    Historical Trend (2018-2023)
        12.5.2    Forecast Trend (2024-2032)
    12.6    Light Rail and Metro
        12.6.1    Historical Trend (2018-2023)
        12.6.2    Forecast Trend (2024-2032)
    12.7    High-Speed Train
        12.7.1    Historical Trend (2018-2023)
        12.7.2    Forecast Trend (2024-2032)
13    United Kingdom Sliding Bearing Market by Application
    13.1    Engine
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    Brakes 
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Bogie 
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    Interior
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Exterior
        13.5.1    Historical Trend (2018-2023)
        13.5.2    Forecast Trend (2024-2032)
14    United Kingdom Sliding Bearing Market by Region
    14.1    England
        14.1.1    Historical Trend (2018-2023)
        14.1.2    Forecast Trend (2024-2032)
    14.2    Wales
        14.2.1    Historical Trend (2018-2023)
        14.2.2    Forecast Trend (2024-2032)
    14.3    Scotland
        14.3.1    Historical Trend (2018-2023)
        14.3.2    Forecast Trend (2024-2032)
    14.4    Northern Ireland
        14.4.1    Historical Trend (2018-2023)
        14.4.2    Forecast Trend (2024-2032)
15    Market Dynamics
    15.1    SWOT Analysis
        15.1.1    Strengths
        15.1.2    Weaknesses
        15.1.3    Opportunities
        15.1.4    Threats
    15.2    Porter’s Five Forces Analysis
        15.2.1    Supplier’s Power
        15.2.2    Buyer’s Power
        15.2.3    Threat of New Entrants
        15.2.4    Degree of Rivalry
        15.2.5    Threat of Substitutes
    15.3    Key Indicators for Demand
    15.4    Key Indicators for Price
16    Value Chain Analysis
17    Competitive Landscape

    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Schaeffler AG  
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    SKF AB  
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    NTN Corp. 
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications 
        17.2.4    Timken Co.  
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    THK Co., Ltd.  
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    RBC Bearings Inc. 
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    igus Inc. 
            17.2.7.1    Company Overview
            17.2.7.2    Product Portfolio
            17.2.7.3    Demographic Reach and Achievements
            17.2.7.4    Certifications
        17.2.8    MinebeaMitsumi Inc.  
            17.2.8.1    Company Overview
            17.2.8.2    Product Portfolio
            17.2.8.3    Demographic Reach and Achievements
            17.2.8.4    Certifications
        17.2.9    Saint-Gobain S.A.  
            17.2.9.1    Company Overview
            17.2.9.2    Product Portfolio
            17.2.9.3    Demographic Reach and Achievements
            17.2.9.4    Certifications
        17.2.10    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Europe Sliding Bearing Market: Key Industry Highlights, 2018 and 2032
2.    United Kingdom Sliding Bearing Market: Key Industry Highlights, 2018 and 2032
3.    United Kingdom Sliding Bearing Historical Market: Breakup by Bearing Type (USD Million), 2018-2023
4.    United Kingdom Sliding Bearing Market Forecast: Breakup by Bearing Type (USD Million), 2024-2032
5.    United Kingdom Sliding Bearing Historical Market: Breakup by Material (USD Million), 2018-2023
6.    United Kingdom Sliding Bearing Market Forecast: Breakup by Material (USD Million), 2024-2032
7.    United Kingdom Sliding Bearing Historical Market: Breakup by Railway Type (USD Million), 2018-2023
8.    United Kingdom Sliding Bearing Market Forecast: Breakup by Railway Type (USD Million), 2024-2032
9.    United Kingdom Sliding Bearing Historical Market: Breakup by Application (USD Million), 2018-2023
10.    United Kingdom Sliding Bearing Market Forecast: Breakup by Application (USD Million), 2024-2032
11.    United Kingdom Sliding Bearing Historical Market: Breakup by Region (USD Million), 2018-2023
12.    United Kingdom Sliding Bearing Market Forecast: Breakup by Region (USD Million), 2024-2032
13.    United Kingdom Sliding Bearing Market Structure

Key Questions Answered in the Report

The sliding bearing market in United Kingdom market is estimated to grow at a CAGR of 4.3% between 2024 and 2032.

The market is being driven due to growing usage of sliding bearings in the railway sector, rapid advancements in the automotive sector, and increased investment in the infrastructure.

The key trends aiding the market include continuous requirements for the maintenance and replacement of industrial machinery, growing trend towards developing new materials and composites, and customisation of bearings.

Regions considered in the market are England, Wales, Scotland, and Northern Ireland.

Based on material, market segmentations include metallic and non-metallic.

Various applications are engine, brakes, bogie, interior, and exterior.

The major players in the market are Schaeffler AG, SKF AB, NTN Corp., Timken Co., THK Co., Ltd., RBC Bearings Inc., igus Inc., MinebeaMitsumi Inc., and Saint-Gobain S.A., among others.

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