Market Share of Railway Sliding Bearing Industry
The railway sliding bearing market is relatively concentrated, with mainly dominated by some of the major players, such as SKF, Schaeffler, NTN, Fujian longxi etc., of which, SKF, Schaeffler and NTN, holding a significant market share of the Railway Sliding Bearing market, globally.
The companies are making new strategic partnerships, investing majorly in R&D projects and launching new products in the market for being ahead of their rivalries. For instance, SKF integrated with Siemens' Railigent application suite and MindSphere internet of things system.
Railway Sliding Bearing Market Leaders
AB SKF
Schaeffler AG
NTN Corporation
The Timken Company
GGB
*Disclaimer: Major Players sorted in no particular order
