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Global Railway Sliding Bearing Market Size Study & Forecast, by Type (Thrust, Radial, and Others), By Material (Metallic and Non-Metallic), By Application (Engine, Brakes, Bogie, and Others), and Regional Analysis, 2023-2030

April 2024 | 200 pages | ID: G42DE82D6FB0EN
Bizwit Research & Consulting LLP

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Global Railway Sliding Bearing Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. A railway sliding bearing, also called a journal bearing, is a component used in railway systems to support and enable the smooth rotation of shafts, axles, and other moving parts. Unlike rolling bearings, which use rolling elements, sliding bearings operate by sliding against a bearing surface. They are crucial for reducing friction, ensuring proper alignment, and supporting the weight of components in trains and rail vehicles. Regular maintenance is essential to keep these bearings functioning effectively and to prevent mechanical issues that could impact railway operations. The expanding demand for custom-designed locomotives and wagons to enhance freight movement between nations is driving growth in the Railway Sliding Bearing Market. The continuous expansion of trans-border railway freight services among countries is further bolstering the market growth across the globe. Also, the increasing population density and urbanization have led to heavy congestion on roadways, prompting consumers to switch to metros and railways to avoid traffic. This shift significantly boosts the railway sliding-bearing market at a substantial rate.

Also, government spending on railway network upgrades significantly boosts the Railway Sliding Bearing market by driving demand for specialized bearings in expanded rail lines, modernized infrastructure, and advanced train systems. These investments support safety, reliability, and efficiency improvements, particularly in high-speed and electrified rail projects. For instance, in May 2022, the Indian Railway launched the National Rail Plan, Vision 2024, to accelerate the implementation of critical projects such as multitrack congested routes, achieve 100% electrification, increase the speed to 160 kmph on the Delhi-Howrah and Delhi-Mumbai routes, increase the speed to 130 kmph on all other GQ/GD routes, and eliminate all level crossings on the GQ/GD route by 2024. Likewise, in March 2020, the UK government unveiled a substantial commitment of approximately USD 47 billion to bolster the development of both passenger and freight rail services in the country. Furthermore, they outlined an ambitious initiative to phase out all trains solely reliant on diesel by 2040. Thus, increasing government spending to upgrade the railway network is propelling the growth of the Railway Sliding Bearing Market during the estimated period. Moreover, the increased freight and passenger transport, as well as rising inclination towards electric and hybrid trains present various lucrative opportunities over the forecast years. However, the higher maintenance requirements and the competition from rolling element bearings are hindering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Railway Sliding Bearing Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the increasing government's plans to extend railway networks, the growing populace migrating to the middle-income bracket, rapid urbanization, and increasing use of public transport. Country-level initiatives aimed at improving public transportation and reducing traffic congestion are also contributing to market growth. Also, key players like NTN Corporation, THK, Longxi Bearing Group, and MinebeaMitsumi are actively meeting this growing demand in the regional market. Whereas Europe is expected to grow at a significant CAGR over the forecast years. The soaring demand for efficient freight and passenger transport by rail, the growing trend towards electrification and hybridization of trains, as well as increasing government investments and policies are significantly propelling the market demand across the region.

Major market players included in this report are:

NSK Ltd.

MinebeaMitsumi Inc.

RBC Bearings Incorporated

National Engineering Industries Ltd.

Amsted Rail Company

NTN Corporation

Schaeffler Group

SKG AB

Canam Group Inc.

Fujian Longxi Bearing Group

Global Railway Sliding Bearing Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered - Type, Material, Application, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent to up to 8 analysts’ working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Thrust

Radial

Others

By Material:

Metallic

Non-Metallic

By Application:

Engine

Brakes

Bogie

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Railway Sliding Bearing Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Railway Sliding Bearing Market, by Type, 2020-2030 (USD Billion)
  1.2.3. Railway Sliding Bearing Market, by Material, 2020-2030 (USD Billion)
  1.2.4. Railway Sliding Bearing Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL RAILWAY SLIDING BEARING MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL RAILWAY SLIDING BEARING MARKET DYNAMICS

3.1. Railway Sliding Bearing Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Increasing government spending to upgrade railway network
    3.1.1.2. Continuous expansion of trans-border railway freight services
  3.1.2. Market Challenges
    3.1.2.1. Higher maintenance requirements
    3.1.2.2. Competition from rolling element bearings
  3.1.3. Market Opportunities
    3.1.3.1. Increased demand for freight and passenger transport
    3.1.3.2. Rising inclination towards electric and hybrid trains

CHAPTER 4. GLOBAL RAILWAY SLIDING BEARING MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL RAILWAY SLIDING BEARING MARKET, BY TYPE

5.1. Market Snapshot
5.2. Global Railway Sliding Bearing Market by Type, Performance - Potential Analysis
5.3. Global Railway Sliding Bearing Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Railway Sliding Bearing Market, Sub Segment Analysis
  5.4.1. Thrust
  5.4.2. Radial
  5.4.3. Others

CHAPTER 6. GLOBAL RAILWAY SLIDING BEARING MARKET, BY MATERIAL

6.1. Market Snapshot
6.2. Global Railway Sliding Bearing Market by Material, Performance - Potential Analysis
6.3. Global Railway Sliding Bearing Market Estimates & Forecasts by Material 2020-2030 (USD Billion)
6.4. Railway Sliding Bearing Market, Sub Segment Analysis
  6.4.1. Metallic
  6.4.2. Non-Metallic

CHAPTER 7. GLOBAL RAILWAY SLIDING BEARING MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Railway Sliding Bearing Market by Application, Performance - Potential Analysis
7.3. Global Railway Sliding Bearing Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Railway Sliding Bearing Market, Sub Segment Analysis
  7.4.1. Engine
  7.4.2. Brakes
  7.4.3. Bogie
  7.4.4. Others

CHAPTER 8. GLOBAL RAILWAY SLIDING BEARING MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Railway Sliding Bearing Market, Regional Market Snapshot
8.4. North America Railway Sliding Bearing Market
  8.4.1. U.S. Railway Sliding Bearing Market
    8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
    8.4.1.2. Material breakdown estimates & forecasts, 2020-2030
    8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada Railway Sliding Bearing Market
8.5. Europe Railway Sliding Bearing Market Snapshot
  8.5.1. U.K. Railway Sliding Bearing Market
  8.5.2. Germany Railway Sliding Bearing Market
  8.5.3. France Railway Sliding Bearing Market
  8.5.4. Spain Railway Sliding Bearing Market
  8.5.5. Italy Railway Sliding Bearing Market
  8.5.6. Rest of Europe Railway Sliding Bearing Market
8.6. Asia-Pacific Railway Sliding Bearing Market Snapshot
  8.6.1. China Railway Sliding Bearing Market
  8.6.2. India Railway Sliding Bearing Market
  8.6.3. Japan Railway Sliding Bearing Market
  8.6.4. Australia Railway Sliding Bearing Market
  8.6.5. South Korea Railway Sliding Bearing Market
  8.6.6. Rest of Asia Pacific Railway Sliding Bearing Market
8.7. Latin America Railway Sliding Bearing Market Snapshot
  8.7.1. Brazil Railway Sliding Bearing Market
  8.7.2. Mexico Railway Sliding Bearing Market
8.8. Middle East & Africa Railway Sliding Bearing Market
  8.8.1. Saudi Arabia Railway Sliding Bearing Market
  8.8.2. South Africa Railway Sliding Bearing Market
  8.8.3. Rest of Middle East & Africa Railway Sliding Bearing Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. NSK Ltd
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. MinebeaMitsumi Inc
  9.3.3. RBC Bearings Incorporated
  9.3.4. National Engineering Industries Ltd
  9.3.5. Amsted Rail Company
  9.3.6. NTN Corporation
  9.3.7. Schaeffler Group
  9.3.8. SKG AB
  9.3.9. Canam Group Inc.
  9.3.10. Fujian Longxi Bearing Group

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

12 .LIST OF TABLES

TABLE 1. Global Railway Sliding Bearing Market, report scope
TABLE 2. Global Railway Sliding Bearing Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Railway Sliding Bearing Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Railway Sliding Bearing Market estimates & forecasts by Material 2020-2030 (USD Billion)
TABLE 5. Global Railway Sliding Bearing Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 6. Global Railway Sliding Bearing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Railway Sliding Bearing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Railway Sliding Bearing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Railway Sliding Bearing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Railway Sliding Bearing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Railway Sliding Bearing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Railway Sliding Bearing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Railway Sliding Bearing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Railway Sliding Bearing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Railway Sliding Bearing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Railway Sliding Bearing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Railway Sliding Bearing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Railway Sliding Bearing Market
TABLE 71. List of primary sources, used in the study of global Railway Sliding Bearing Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Railway Sliding Bearing Market, research methodology
FIG 2. Global Railway Sliding Bearing Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Railway Sliding Bearing Market, key trends 2022
FIG 5. Global Railway Sliding Bearing Market, growth prospects 2023-2030
FIG 6. Global Railway Sliding Bearing Market, porters 5 force model
FIG 7. Global Railway Sliding Bearing Market, pest analysis
FIG 8. Global Railway Sliding Bearing Market, value chain analysis
FIG 9. Global Railway Sliding Bearing Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Railway Sliding Bearing Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Railway Sliding Bearing Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Railway Sliding Bearing Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Railway Sliding Bearing Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Railway Sliding Bearing Market, regional snapshot 2020 & 2030
FIG 15. North America Railway Sliding Bearing Market 2020 & 2030 (USD Billion)
FIG 16. Europe Railway Sliding Bearing Market 2020 & 2030 (USD Billion)
FIG 17. Asia Pacific Railway Sliding Bearing Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Railway Sliding Bearing Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Railway Sliding Bearing Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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