Slide Bearings Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Radial, Axial, Others); Application (Aerospace, Automotive, Construction, Oil and Gas, Medical, Transportation, Others) and Geography
Report Code: TIPRE00018393
| No. of Pages: 150
| Category: Electronics and Semiconductor
| Status: Upcoming
Slide bearings refers to a sliding or plain, bearings embraced with array of mechanical components grouped as fluid-film bearings. This bearing helps in lowering friction between reciprocating, rotating, or sliding surfaces.
The "Global Slide Bearings Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the slide bearings market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading slide bearings market players and offers key trends and opportunities in the market.
Based on type, the global slide bearings market is segmented into radial, axial, and others.
On the basis of application, the market is segmented into aerospace, automotive, construction, oil and gas, medical, transportation, and others.
MARKET DYNAMICS Drivers:
Owing to features such as the slide bearings are lightweight and compact, they have high load-carrying capacity which makes them compatible for applications like expansion supports of bridges and precision tooling. Due to its features, the use of slide bearings has also been witnessed in other industries like transportation and automotive; which is thereby driving the market growth market.
Nevertheless, railways is an amongst the major application of slide bearings and with growing railways in countries like, India, China, the US, and others, the adoption of slide bearings will rise; which in turn is expected to create opportunities for slide bearings systems market in the near future.
Rising prices of raw materials may hinder the growth of the slide bearings market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The slide bearings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the slide bearings market in these regions.
IMPACT OF COVID-19 ON SLIDE BEARINGS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the slide bearings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from slide bearings market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the slide bearings market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
CSB Sliding Bearings
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