Sliding Bearing - Global Strategic Business Report

The global market for Sliding Bearing was estimated at US$1.2 Billion in 2023 and is projected to reach US$1.9 Billion by 2030, growing at a CAGR of 6.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Sliding Bearing Market - Key Trends and Drivers Summarized

How Are Sliding Bearings Enhancing Mechanical Performance?

Sliding bearings, also known as plain bearings or slide bearings, are mechanical components designed to facilitate smooth and efficient movement between two surfaces with minimal friction. They are widely used in machinery, automotive, aerospace, and heavy equipment to support shafts, axles, and other rotating components. Unlike rolling bearings, sliding bearings provide a larger contact area, distributing loads more evenly and allowing for quieter operation. Due to their versatility and ability to function effectively under high loads and speeds, sliding bearings have become essential in applications where durability, load-bearing capacity, and smooth movement are priorities.

What Are the Key Segments in the Sliding Bearing Market?

Major types include journal bearings, thrust bearings, and linear bearings, with journal bearings holding the largest share due to their widespread use in rotating shafts and axles. Materials range from metal-based, composite, and polymer bearings, with metal-based bearings leading the market as they offer high strength and durability in heavy-duty applications. End-user industries encompass automotive, aerospace, industrial machinery, and energy, with the automotive sector representing a significant segment due to the extensive use of sliding bearings in engines, transmissions, and suspension systems.

How Are Sliding Bearings Used Across Various Industries?

In the automotive sector, sliding bearings are used in engines, connecting rods, and suspension systems, providing smooth rotation and load distribution for improved vehicle performance and fuel efficiency. The aerospace industry utilizes sliding bearings in landing gear, control surfaces, and hydraulic systems, benefiting from their ability to withstand high loads and harsh conditions. In industrial machinery, sliding bearings are found in pumps, compressors, and conveyor systems, where they ensure consistent performance under heavy loads and high speeds. The energy sector employs sliding bearings in turbines, generators, and gearboxes, where reliability and load-bearing capacity are critical for continuous operation. Additionally, sliding bearings are used in marine, construction, and rail industries, supporting a wide range of heavy-duty applications.

What Factors Are Driving the Growth in the Sliding Bearing Market?

The growth in the Sliding Bearing market is driven by several factors, including increasing demand for durable and high-performance bearings across industries like automotive, aerospace, and industrial machinery. The rise of heavy machinery and equipment in construction and energy sectors has further accelerated the adoption of sliding bearings, which offer high load capacity and resistance to wear. Advancements in bearing materials, such as composite and polymer-based bearings, have improved performance, reduced maintenance, and broadened the application range. The growing focus on energy efficiency and reduced downtime in industrial operations has fueled demand for reliable sliding bearings. Additionally, the expansion of the electric vehicle (EV) market and renewable energy projects has contributed to market growth, as these sectors require efficient and durable bearing solutions for motors, gearboxes, and turbines.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Metallic Sliding Bearing segment, which is expected to reach US$1.2 Billion by 2030 with a CAGR of a 7.4%. The Non-Metallic Sliding Bearing segment is also set to grow at 6.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $303.4 Million in 2023, and China, forecasted to grow at an impressive 10.5% CAGR to reach $449.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Sliding Bearing Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Sliding Bearing Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Sliding Bearing Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players in the Global Sliding Bearing Market such as AST Bearings LLC, Brammer Plc, Canam Group, Inc., Cosmec, Inc., Ekspan Ltd. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 33 companies featured in this Global Sliding Bearing market report include:

• AST Bearings LLC
• Brammer Plc
• Canam Group, Inc.
• Cosmec, Inc.
• Ekspan Ltd.
• Epic Polymer Systems Corp.
• Freyssinet Ltd.
• GGB Bearing Technology
• Granor Rubber & Engineering Pty. Ltd.
• Gumba GmbH & Co., KG
• JTEKT
• Kantaflex (India) Private Ltd.
• Megeba SA
• Metal Engineering & Treatment Co., Pvt., Ltd.
• NSK
• NTN Corporation
• RBC Bearings
• RJ Watson, Inc.
• Schaeffler
• SKF Group
• Structural Rubber Products
• Timken
• Trelleborg AB
• Voss Engineering, Inc.
• Zaoqiang Dacheng Rubber Co., Ltd.