North America Sliding Bearing Market Report and Forecast 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