Construction Slewing Bearing Market is projected to grow up to 7.2% CAGR during the forecasting period ...


Slewing Bearing Market is projected to grow up to 7.2% CAGR during the forecasting period 2021-2027.

Slewing bearings are a type of rotational bearing that is commonly seen in machines that handle heavy or bulky loads. These bearings assist in the development of both to and fro and rotating movements. They are utilised in a variety of applications ranging from simple winch movement to complex drilling and excavator equipment, as well as offshore machinery. They work by causing tilting moments due to axial and radial forces. The ability to support  horizontal and vertical layouts is one of the numerous benefits of slewing bearings over standard bearings. To cut down on operational and maintenance costs, slewing bearings are greased with grease fittings. Slewing ring bearing arrangements give several design and performance advantages over typical pivot arrangements, which act as a driving force for the Global Slewing Ring Bearings Market's growth. Slewing Ring Bearings are easier to design because of their compact size and large inner diameter. This study looks at current market trends in demand, supply, and sales, as well as recent changes. To present a complete view of the market, major drivers, restraints, and opportunities have been discussed. In-depth information about the development, trends, and industry rules and regulations established in each of the geographical regions is presented in the analysis.

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Key Driving Factors: Flexible and cost-effective.

Bearings are used widely in the rapidly expanding infrastructure activities that involve cranes, forklifts, piling machines, and concrete pump tracks. These bearings are also used by elevators, escalators, and walkways. The slewing bearing market is projected to generate demand as these operations develop and upgrade. Many applications rely on large diameter slewing ring bearings. Tank turrets, missile launchers, communication antennae, precise radar antennas, and gun mounts are just a few examples of military usage. Aerial lifts, hydraulic excavators, boom cranes, and tunnel boring machines are some of the most common commercial applications.

Driving factor: Slewing ring bearings market growth is being driven by several factors, including the increasing use of new technologies in manufacturing, the expansion and growth of end user industries such as healthcare and solar energy, the increasing demands of wind turbines for more robust designs, and the other advantages of slewing bearings.

This report offers the major market player’s profiles, such as thyssenkrupp rothe erde Germany GmbH, WaFangDian Rolling Bearing Manufacturing CO., LTD., Universal Industrial Products., NSK Ltd., THE TIMKEN COMPANY, Schaeffler India Limited, Antex corp, LA LEONESSA SpA, Zhejiang Tianma Bearing Group Co., Ltd., and Xuzhou Helin Slewing Bearing Co., Ltd.

Based on Application:  By application, the brake segment of the sliding bearing market is expected to develop at the fastest rate during the projected period. Depending on the region, each type of railway is equipped with either drum or disc brakes, depending on the type of railway. As a result of technological improvements and increased urbanisation, there is a significant demand for metros and high-speed trains. Disc brakes are typically fitted on high-speed trains, metros, and light rails in order to shorten the stopping distance between trains. As a result, the need for sliding bearings for brake applications would increase as the number of traditional and advanced railways increased in number.

The  Slewing Bearing Market report has been categorized as below

By Gear Types

  • Internal Gear

  • External Gear

  • Un geared

By Design

  • Cross Roller Slewing Ring Bearing

  • Bi-angular roller or Taper

  • Single-row Four Point Contact Ball Slewing Ring Bearing

  • Four and eight point contact ball

  • Three-row Roller Slewing Ring Bearings

  • Double-row Ball Slewing Ring Bearings

By Application

  • Medical Equipment

  • Radar

  • Excavation Industry

  • Construction Industry

  • Wind Turbines

  • Others

By Region

  • North America

  •  Europe

  • Asia Pacific

  • Rest of World

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Published Date : September-2021