Sliding Bearing Market Scope
Slide bearing is a device that constrains the motion of the rotating part to one direction. It is also known as plan bearing and considered the simplest type of bearing comprising just a bearing surface and no rolling elements. The bearing is lightweight and has a long working life with minimal to no noise and vibration. In sliding bearing the sliding takes place along the surface of contact between the moving elements and the fixed element. It also has good shock load capacity and operates more silently. There are three types of sliding bearing including plastic bearings, oil-impregnated bearing, and spherical plain bearing used in engines, brakes, bogie, interior, etc in various industries.
The Sliding Bearing market study is segmented, by Application (Engine, Brakes, Bogie, Interior and Exterior) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Sliding Bearing market throughout the predicted period.
SKF (Sweden), Schaeffler Group (Germany), ABB Motors and Mechanical (United States), NTN Corporation (Japan), Minebea Mitsumi (Japan), KSB (Germany), AST Bearings (United States), Timken (United States), GGB Bearing (United States), THK (Japan) and Technymon Global Bearing Technology (GBT) (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Zollern Company (Germany), McMaster-Carr (United States) and Motion Industries (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Sliding Bearing market by Type, Application and Region.
On the basis of geography, the market of Sliding Bearing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 11th January 2018, Timken Company, a world leader in engineered bearings and mechanical power transmission products entered into a definitive agreement to acquire ABC Bearings Ltd., a manufacturer of tapered, cylindrical, and spherical roller bearings and slewing rings in India.
On 19th March 2019, Technymon Global Bearing Technology (GBT), a leading manufacturer of sliding bearing products, has announced the acquisition of Bimetal Experience, a Turin-based manufacturer of bimetal bearings, bushings, shells, and washers. With this acquisition, Technymon GBT further completes its wide range of industries operating in four continents
Market Trend
- Increasing Usage of Non-Metallic Sliding Bearings
Market Drivers
- High Accuracy, Low Vibration and Noise
- Increased Demand from Railway Industry
Opportunities
- Increased Demand for Metros and High-Speed Trains
- Increasing Railway Infrastructure Investments
Restraints
- Requires Good Attention to Lubrication
Challenges
- Sliding Bearing Cannot Carry both Radial Load and Axial Loads
- Fluctuations in the Raw Material Prices
Key Target Audience
Sliding Bearing Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations, End-user and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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