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Self-Lubricating Bearings Market Share

Report ID: GMI12564
Published Date: Dec 2024
Report Format: PDF

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Self-Lubricating Bearings Market Share

The global market for self-lubricating bearings showcases a competitive landscape teeming with a mix of players, from multinational giants to regional manufacturers and specialized niche companies. Predominantly fragmented, the market sees major players like Saint-Gobain Performance Plastics, SKF Group, NSK Ltd., NTN Corporation, and RBC Bearings Incorporated. These companies command significant market shares, bolstered by their vast product portfolios and robust brand recognition. The surge of e-commerce has broadened online sales channels, allowing brands to tap into wider audiences and boost customer engagement via digital marketing.

Self-Lubricating Bearings Market Companies

Major players operating in the self-lubricating bearings industry are:

Beemer Precision, Inc.
GGB Bearing Technology
Hycomp LLC
igus GmbH
Koyo Bearings (JTEKT Corporation)
NSK Ltd.
NTN Corporation
Oiles Corporation
RBC Bearings Incorporated
Saint-Gobain Performance Plastics
SKF Group
Technoslide (Bearings International)
Tenneco Inc. (Federal-Mogul Bushing)
THK Co., Ltd.
Timken Company

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for self-lubricating bearings was reached USD 3.59 billion in 2023 and is estimated to grow at a 5.1% CAGR from 2024 to 2032, driven by increasing demand in automotive applications.

The bushings segment recorded USD 1.18 billion in 2023 and is expected to reach USD 1.82 billion by 2032, due to their eco-friendly nature and alignment with global sustainability objectives.

The automotive segment held around 41% of the market share in 2023, led by the rapid transition to electric vehicles (EVs) and the need for lightweight, durable, and maintenance-free components.

The U.S. self-lubricating bearings market recorded USD 754 million in 2023 and is expected to reach USD 1.17 billion by 2032, propelled by advancements in aerospace and defense sectors.

The industry features key players such as Beemer Precision, Inc., GGB Bearing Technology, Hycomp LLC, igus GmbH, Koyo Bearings (JTEKT Corporation), NSK Ltd., NTN Corporation, Oiles Corporation, RBC Bearings Incorporated, Saint-Gobain Performance Plastics, SKF Group, Technoslide (Bearings International), Tenneco Inc. (Federal-Mogul Bushing), THK Co., Ltd., and Timken Company.