United States Sliding Bearing Market was valued at USD 2.8 Billion in 2022 and is projected to reach USD 3.9 Billion by 2030, growing at a CAGR of 5.0% from 2024 to 2030.
The US sliding bearing market plays a pivotal role in various industries, offering a crucial solution for reducing friction between moving parts in machinery and equipment. Sliding bearings, also known as plain bearings, are essential components that facilitate smooth motion in applications ranging from automotive engines to industrial machinery. The demand for sliding bearings in the US market is largely driven by their ability to enhance the durability and efficiency of machines, reducing maintenance costs and improving operational reliability.
There are several types of sliding bearings, including sleeve bearings, journal bearings, and thrust bearings, each designed to meet specific industrial needs. Sleeve bearings are commonly used in situations where radial loads are prominent, while journal bearings are often employed in situations requiring high-speed motion. Thrust bearings, on the other hand, are used to support axial loads in machinery. The versatility of these bearing types makes them indispensable in industries such as automotive, aerospace, manufacturing, and energy production.
The growing need for sliding bearings across various industries is fueled by their ability to optimize machine performance. In the automotive sector, sliding bearings are used in engines, transmissions, and suspension systems to minimize friction, which helps in improving fuel efficiency and extending the life of vehicle parts. In the manufacturing sector, these bearings are used in conveyors, pumps, and compressors, where their reliability ensures smooth operations and minimizes downtime.
As industries continue to innovate and evolve, the requirement for high-performance sliding bearings is increasing. The US market for sliding bearings is experiencing a steady growth trajectory, driven by the need for more efficient, durable, and cost-effective solutions. These bearings not only reduce the frequency of maintenance but also contribute to the overall sustainability of industrial processes. Whether in the development of automotive components or the creation of industrial machinery, the US sliding bearing market is poised to play a central role in supporting modern-day manufacturing needs.
Furthermore, industries are increasingly leaning towards advanced materials like composite and self-lubricating bearings, which offer enhanced performance in extreme operating conditions. The shift towards these high-tech bearings is pushing the boundaries of traditional bearing technology and opening new avenues for innovation. With these advancements, the US sliding bearing market is expected to cater to the growing demand for more specialized bearing solutions, driving the future of industrial machinery.
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SKF Group
Schaeffler
Timken
NSK
NTN Corporation
JTEKT
RBC Bearings
GGB Bearing Technology
AST Bearings LLC
Brammer Plc
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Sliding Bearing Market
Plain Bearings
Thrust Bearings
Journal Bearings
Composite Bearings
Magnetic Bearings
Bronze
Bearing Steel
Plastic
Composite Materials
Other Alloys
Aerospace
Automotive
Industrial Machinery
Marine
Energy and Power Generation
Manufacturing
Construction
Agriculture
Oil and Gas
Transportation
Light Load Bearings
Medium Load Bearings
Heavy Load Bearings
Extra Heavy Load Bearings
Micro Load Bearings
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Sliding Bearing Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Sliding Bearing Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Sliding Bearing Market, By Type
6. US Sliding Bearing Market, By Application
7. US Sliding Bearing Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Sliding Bearing Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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