The Sliding Bearing Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Bearing is a device which imperatives the movement of the pivoting part to one direction. In light of its contact the bearing can be named roller bearing and sliding bearing. In sliding bearing, also known as plain bearing the sliding takes place along the surface of contact between moving element and the fixed one. It implies for conveying the radial load. These kind of bearings are normally found in cross leader of the steam motors.
The “Global Sliding Bearing Market Analysis to 2027” is a specialized and in-depth study of the sliding bearing industry with a special focus on the global market trend analysis. The report aims to provide an overview of sliding bearing market with detailed market segmentation by type, material, bearing type, application, and geography. The global sliding bearing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sliding bearing market players and offers key trends and opportunities in the market.
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Leading Sliding Bearing Market Players:
- C&U Group Ltd.
- JTEKT Corporation
- NKE Austria GmbH
- NSK Ltd.
- NTN Corporation
- Schaeffler Technologies AG & Co. KG
- AB SKF
- THK Co., Ltd.
- Timken Company
- Mahle International GmbH
The key factors that are propelling the growth of sliding bearing market include, the high reliability, efficiency, and cost effectiveness of sliding bearing and rise in railway infrastructure investments and supply contracts. The growth of the sliding bearing market is correlated to the growth of the industrial and automotive sectors. Moreover, rise in production of commercial vehicles is also contributing to the growth of the market. Further, the increase in use of non-metallic sliding bearing is anticipated to boost the market growth in the near future.
The global sliding bearing market is segmented on the basis of type, material, bearing type, and application. Based on type, the market is segmented as radial sliding bearing and axial sliding Bearing. Based on material, the sliding bearing market is divided into metallic and non-metallic. On basis of bearing type, the market is bifurcated into linear, thrust, radial, angular contact, and others. Further, on basis of application, the market is segmented into automotive, electrical, agriculture, mining & construction, railway & aerospace, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sliding bearing market based on various segments. it also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The sliding bearing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting sliding bearing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the sliding bearing market for each region.
The reports cover key developments in the sliding bearing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from sliding bearing market are anticipated to lucrative growth opportunities in the future with the rising demand for sliding bearing in the global market. Below mentioned is the list of few companies engaged in the sliding bearing market.
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The report also includes the profiles of key sliding bearing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years
Key Benefits
- This report provides a detailed study of market trends and forecast from 2019 to 2027, which assist to identify the prevailing market opportunities.
- In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
- This study further includes market share analysis in terms of type and applications.
- Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.
- Porter’s Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.