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North America 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
North America Sliding Bearing Market Size
The North America sliding bearing market reached USD 277.23 billion in 2023. The market is expected to grow at a CAGR of 6.30% between 2024 and 2032, reaching USD 485.83 billion by 2032.
North America Sliding Bearing Market Outlook
- As per the Association of American Railroads, in 2021, total rail miles in the US were 136,667 miles.
- In Canada, the length of rail lines in 2021 was 48,150 km, as mentioned by the World Bank.
- As per the United States Department of Transport, a total of 23,186 railroad locomotive engines existed in 2022.
North America Sliding Bearing Market Growth
Electric multiple units and diesel multiple units are among the railway types that boost the North America sliding bearing market growth.
Diesel Multiple Units (DMU) are rail cars that drive forward using diesel as fuel. Sliding bearings are an essential part of the drive gear, axle, and suspension system for reducing friction and wear while in operation. They are used in engines, connecting rods, and other components to provide smooth, frictionless rotation and support under heavy loads and high temperatures.
The sliding bearing industry in the domestic region is likely to witness growth owing to the steady rise in the number of railway tracks with government-based railway activities. The growth in the sliding bearing industry is also likely to come from commercial uses of trains as freight trains and goods trains mainly used to transport heavy cargo. As of December 2023, United States President Joe Biden announced USD 8.3 billion in funds for the U.S. passenger rail.
Electric Multiple Units (EMU) may be comparable to DMUs but are powered by electric current instead of diesel fuel. In these trains, sliding bearings serve the same purposes as in DMUs by supporting different mobile elements within the transmitting, propelling as well as suspending systems.
North America Sliding Bearing Market Segmentation
North America Sliding Bearing Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Bearing Type
- Linear
- Thrust
- Radial
- Angular Contact
- Others
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
Market Breakup by Country
- United States of America
- Canada
North America Sliding Bearing Market Share
In the sliding bearing market metal bearings lead growth, these are often composed of metals or alloys such as bronze, steel, or stainless steel. These materials offer high strength, durability, and resistance to wear, tear and corrosion which makes them suitable for heavy-duty applications in industrial machinery and automotive components among other heavy-duty use cases.
Leading Companies in the North America Sliding Bearing Market
Major market players are expanding their outreach through investments in the usage of better materials, maintenance optimisation and a focus on sustainability.
- 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:
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| Breakup by Bearing Type |
|
| Breakup by Material |
|
| Breakup by Railway Type |
|
| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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 Global Sliding Bearing Market Overview
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 Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Sliding Bearing Market Overview
9.1 Key Industry Highlights
9.2 North America Sliding Bearing Historical Market (2018-2023)
9.3 North America Sliding Bearing Market Forecast (2024-2032)
10 North America 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 North America 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 North America 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 North America 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 North America Sliding Bearing Market by Country
14.1 United States of America
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Canada
14.2.1 Historical Trend (2018-2023)
14.2.2 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 of Demand
15.4 Key Indicators of 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. Global Sliding Bearing Market: Key Industry Highlights, 2018 and 2032
2. North America Sliding Bearing Market: Key Industry Highlights, 2018 and 2032
3. North America Sliding Bearing Historical Market: Breakup by Bearing Type (USD Million), 2018-2023
4. North America Sliding Bearing Market Forecast: Breakup by Bearing Type (USD Million), 2024-2032
5. North America Sliding Bearing Historical Market: Breakup by Material (USD Million), 2018-2023
6. North America Sliding Bearing Market Forecast: Breakup by Material (USD Million), 2024-2032
7. North America Sliding Bearing Historical Market: Breakup by Railway Type (USD Million), 2018-2023
8. North America Sliding Bearing Market Forecast: Breakup by Railway Type (USD Million), 2024-2032
9. North America Sliding Bearing Historical Market: Breakup by Application (USD Million), 2018-2023
10. North America Sliding Bearing Market Forecast: Breakup by Application (USD Million), 2024-2032
11. North America Sliding Bearing Historical Market: Breakup by Country (USD Million), 2018-2023
12. North America Sliding Bearing Market Forecast: Breakup by Country (USD Million), 2024-2032
13. North America Sliding Bearing Market Structure
Key Questions Answered in the Report
The market was valued at USD 277.23 million in 2023.
The market is projected to grow at a CAGR of 6.30% between 2024 and 2032.
The revenue generated from the sliding bearing market is expected to reach USD 485.83 million in 2032.
Based on bearing type, the sliding bearing market is split into linear, thrust, radial, angular contact, and others.
The sliding bearing market key players 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.
Based on the railway type, the market is split into locomotive, Diesel Multiple Unit (DMU), Electric Multiple Unit (EMU), coach, wagon, light rail and metro and high-speed train.
Based on application, the market is split into engine, brakes, bogie, interior and exterior.
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