The “Sliding Bearing – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Sliding Bearing Market to Reach $1.4 Billion by 2027
Amid the COVID-19 crisis, the global market for Sliding Bearing estimated at US$965.5 Million in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at a CAGR of 5.3% over the period 2020-2027.
Metallic, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$895.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Metallic segment is readjusted to a revised 4.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $261.6 Million, While China is Forecast to Grow at 8.1% CAGR
The Sliding Bearing market in the U.S. is estimated at US$261.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$287.4 Million by the year 2027 trailing a CAGR of 8.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
Select Competitors (Total 35 Featured)
- AST Bearings LLC
- Brammer Plc
- Canam Group, Inc.
- Cosmec, Inc.
- Ekspan Ltd.
- Epic Polymer Systems Corp.
- Freyssinet Ltd.
- GGB Bearing Technology
- Granor Rubber & Engineering Pty. Ltd.
- Gumba GmbH & Co., KG
- Kantaflex (India) Private Ltd.
- Megeba SA
- Metal Engineering & Treatment Co., Pvt., Ltd.
- NTN Corporation
- RBC Bearings
- RJ Watson, Inc.
- SKF Group
- Structural Rubber Products
- Trelleborg AB
- Voss Engineering, Inc.
- Zaoqiang Dacheng Rubber Co., Ltd.
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