Report overview
Railway Bearing is a component that is used to reduce load as well as friction between the moving or rotating parts in a train/rolling stock. Railway bearing reduces the axial as well as radial load and improve the fuel efficiency of the train.
This report contains market size and forecasts of Railway Bearing in global, including the following market information:
Global Railway Bearing Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Railway Bearing Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Railway Bearing companies in 2021 (%)
The global Railway Bearing market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Roller Bearing Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Railway Bearing include NSK Ltd., The Timken Company, JTEKT Corporation, NBC Bearing, Amsted Rail, NTN Corporation, Luoyang Bearing Science & Technology Co.,Ltd., AB Axis Company Limited. and SKF, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Railway Bearing manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Railway Bearing Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Bearing Market Segment Percentages, by Type, 2021 (%)
Roller Bearing
Ball Bearing
Plain Bearing
Global Railway Bearing Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Bearing Market Segment Percentages, by Application, 2021 (%)
High Speed Trains
Mainline Trains
Metro Trains
Freight Trains
Special Trains
Global Railway Bearing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Bearing Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Railway Bearing revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Railway Bearing revenues share in global market, 2021 (%)
Key companies Railway Bearing sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Railway Bearing sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
NSK Ltd.
The Timken Company
JTEKT Corporation
NBC Bearing
Amsted Rail
NTN Corporation
Luoyang Bearing Science & Technology Co.,Ltd.
AB Axis Company Limited.
SKF
LYC Bearing Corporation
NKE Bearings
GGB
Schaeffler Group
