Singapore Sliding Bearing Market Report and Forecast 2025-2034

Singapore Sliding Bearing Market Size

The Singapore sliding bearing market is projected to grow at a CAGR of 6.6% between 2024 and 2032.

Singapore Sliding Bearing Market Outlook

• As of July 2023, the Land Transport Authority in Singapore rolled out 6 new trains for the Northeast Line (NEL).

• As per the Department of Statistics in Singapore, kilometres operated in mass rapid transit were over 43.5 million in 2023.

• The length of the rail tracks in Singapore in 2023 was increased to 258.5 km from 232.3 km in 2020.

Singapore Sliding Bearing Market Growth

High-speed trains as the new generation of trains which provide rapid transportation boost the Singapore sliding bearing market growth.

A locomotive or an engine is a rail vehicle that provides the power for a train to move, typically powered by diesel engines or electric motors, the usage of sliding bearings in locomotives ensures smooth operation and reduction of friction they also provide support to heavy loads. They are found most in axle bearings and suspension systems supporting motion, shock and vibration absorption.

The sliding bearing industry within the country is likely to see growth owing to the rising number of railway tracks and a steady growth in the number of individuals using railways as a mode of transportation. As of May 2022, Schaeffler, a leading rolling and plain bearing solutions company for the automotive and industrial sectors collaborated with NTU, a major university in Singapore announced the expansion of a joint lab.

High-speed trains are advanced railway vehicles that utilize sliding bearings since they are meant to operate at speeds significantly higher than that of conventional trains and locomotives. High-speed trains offer rapid and efficient transportation between urban centres and sliding bearings contribute to their performance and comfort.

Singapore Sliding Bearing Market Segmentation

Singapore 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

Singapore Sliding Bearing Market Share

Linear bearings lead to sliding bearing market growth. They facilitate motion in one direction in a linear motion system or a guided rail and are used in industrial automation equipment and robotics. Linear bearings move with great precision and are employed in light to medium-duty applications.

Leading Companies in the Singapore Sliding Bearing Market

Major market players are expanding their outreach through investments in high-performance materials and advanced manufacturing methods along with quality assurance and rapid customisation.

• Schaeffler AG

• SKF AB

• NTN Corp.

• Timken Co.

• THK Co., Ltd.

• RBC Bearings Inc.

• igus Inc.

• MinebeaMitsumi Inc.

• SBS Pte Ltd.

• Others

Key Highlights of the Report