Plain Bearing Market – Industry Analysis and Forecast (2024-2030)


Plain Bearing Market was valued at US$ 15.52 Bn in 2023 and is expected to reach US$ 21.03 Bn by 2030, at a CAGR of 4.43% during a forecast period.

Plain Bearing Market Dynamics

Major driving factors of the market are plain bearings which work efficiently in the heavily loaded system, increasing industrialization in developing countries, rising demand for motor vehicles across globally, increasing need for wind power generation, and rising technological advancements. Plain bearings have features such as light in weight, required less maintenance, high load carrying capacity, longer life, and high reliability. These factors are also propelling the market. Smart bearings are estimated to provide new opportunities for the plain bearing market in the forecast period.Plain Bearing MarketTo know about the Research Methodology :- Request Free Sample Report

Segment Analysis

Based on type, the journal segment is expected to hold the largest share in the market in the forecast period owing to the growing demand for journal bearings from various industries, such as automotive, aerospace, construction, and others. In addition, journal bearings have features such as excellent strength and shock resistance. On the basis of application, the automotive segment is expected to lead the market growth in the forecast period due to the rising usage of plain bearings in the automotive sector.

Regional Analysis

In terms of region, the Asia Pacific is expected to hold the largest share in the market due to the growing demand from various industries, such as automotive, aerospace, construction, and others. Plain bearings are also dominating the market growth in the region because of the easy availability of raw materials and labour in the region. China and India are the leading countries in the region for the production and consumption of plain bearings.

The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, PESTLE analysis, Value Chain Analysis, and SWOT analysis.

Key Highlights:

Global Plain Bearing Market analysis and forecast, in terms of value.

Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the global market

Global market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

The global market strategic analysis with respect to individual growth trends, future prospects along the contribution of various sub-market stakeholders have been considered under the scope of the study.

Global market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the global market are also profiled.

Plain Bearing Market Scope: Inquire before buying






Global Plain Bearing Market




Report Coverage
Details




Base Year:
2023
Forecast Period:
2024-2030




Historical Data:
2018 to 2023
Market Size in 2023:
US $ 15.52 Bn.




Forecast Period 2024 to 2030 CAGR:
4.43%
Market Size in 2030:
US $ 21.03 Bn.




 Segments Covered:
by Type
Journal
Linear
Thrust
Angular Contact




by Application
Automotive
Industrial
Aerospace
Construction
Others






Plain Bearing Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

Plain Bearing Market, Key Players are:

1. NTN Corporation
2. SKF Group
3. Schaeffler Technologies AG & Co. KG
4. Timken Company
5. THK Co. Ltd.
6. NSK Ltd.
7. RBC Bearings Incorporated
8. Minebea Mitsumi Inc.
9. SGL Group
10.Boston Gear LLC
11.GGB Bearing Technology
12.IGUS
13.Kashima Bearings, Inc.
14.PBC Linear
15.Thomson Industries, Inc
16.Zollern GmbH & Co. KG.

Frequently Asked Questions:

1. Which region has the largest share in Global Plain Bearing Market?
Ans: Asia Pacific region holds the highest share in 2023.

2. What is the growth rate of Global Plain Bearing Market?
Ans: The global market is growing at a CAGR of 4.43% during forecasting period 2024-2030

3. What is scope of the Global Plain Bearing market report?
Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Plain Bearing market?
Ans: The important key players in the Global market are – NTN Corporation, SKF Group, Timken Company, THK Co. Ltd., NSK Ltd., RBC Bearings Incorporated, Minebea Mitsumi Inc., SGL Group, Boston Gear LLC, GGB Bearing Technology, IGUS, Kashima Bearings, Inc., PBC Linear, Thomson Industries, Inc, and Zollern GmbH & Co. KG.

5. What is the study period of this market?
Ans: The Global Plain Bearing Market is studied from 2023 to 2030 





Global Plain Bearing Market

1. Preface

1.1. Research Objectives
1.2. Report Scope and Market Segmentation

2. Assumptions and Research Methodology

2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology

3. Executive Summary

3.1. Global Plain Bearing Market Size, by Value and Volume (US$ Bn)

4. Market Dynamics

4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges

5. Market Decision Framework

5.1. Porter’s Analysis
5.2. Value Chain Analysis
5.3. SWOT Analysis
5.4. PEST Analysis

6. Global Plain Bearing Market Analysis and Forecast

6.1. Global Plain Bearing Market Size& Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

7. Global Plain Bearing Market Analysis and Forecast, by Type

7.1. Introduction and Definition
7.2. Key Findings
7.3. Global Plain Bearing Market Value Share Analysis, by Type
7.4. Market Size (US$ Bn) Forecast, by Type
7.5. Global Plain Bearing Market Analysis, by Type
7.6. Plain Bearing Market Attractiveness Analysis, by Type

8. Global Plain Bearing Market Analysis and Forecast, by Application

8.1. Introduction and Definition
8.2. Global Plain Bearing Market Value Share Analysis, by Application
8.3. Market Size (US$ Bn) Forecast, by Application
8.4. Global Plain Bearing Market Analysis, by Application
8.5. Global Plain Bearing Market Attractiveness Analysis, by Application

9. Global Plain Bearing Market Analysis, by Region

9.1. Global Plain Bearing Market Value Share Analysis, by Region
9.2. Market Size (US$ Bn) Forecast, by Region
9.3. Global Plain Bearing Market Attractiveness Analysis, by Region

10. North America Plain Bearing Market Analysis

10.1. Key Findings
10.2. North America Plain Bearing Market Overview
10.3. North America Plain Bearing Market Value Share Analysis, by Type
10.4. North America Plain Bearing Market Forecast, by Type
10.4.1. Journal
10.4.2. Linear
10.4.3. Thrust
10.4.4. Angular Contact
10.5. North America Plain Bearing Market Value Share Analysis, by Application
10.6. North America Plain Bearing Market Forecast, by Application
10.6.1. Automotive
10.6.2. Industrial
10.6.3. Aerospace
10.6.4. Construction
10.6.5. Others
10.7. North America Plain Bearing Market Value Share Analysis, by Country
10.8. North America Plain Bearing Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Plain Bearing Market Analysis, by Country
10.10. U.S. Plain Bearing Market Forecast, by Type
10.10.1. Journal
10.10.2. Linear
10.10.3. Thrust
10.10.4. Angular Contact
10.11. U.S. Plain Bearing Market Forecast, by Application
10.11.1. Automotive
10.11.2. Industrial
10.11.3. Aerospace
10.11.4. Construction
10.11.5. Others
10.12. Canada Plain Bearing Market Forecast, by Type
10.12.1. Journal
10.12.2. Linear
10.12.3. Thrust
10.12.4. Angular Contact
10.13. Canada Plain Bearing Market Forecast, by Application
10.13.1. Automotive
10.13.2. Industrial
10.13.3. Aerospace
10.13.4. Construction
10.13.5. Others
10.14. North America Plain Bearing Market Attractiveness Analysis
10.14.1. By Type
10.14.2. By Application
10.15. Key Trends
10.16. Key Developments

11. Europe Plain Bearing Market Analysis

11.1. Key Findings
11.2. Europe Plain Bearing Market Overview
11.3. Europe Plain Bearing Market Value Share Analysis, by Type
11.4. Europe Plain Bearing Market Forecast, by Type
11.4.1. Journal
11.4.2. Linear
11.4.3. Thrust
11.4.4. Angular Contact
11.5. Europe Plain Bearing Market Value Share Analysis, by Application
11.6. Europe Plain Bearing Market Forecast, by Application
11.6.1. Automotive
11.6.2. Industrial
11.6.3. Aerospace
11.6.4. Construction
11.6.5. Others
11.7. Europe Plain Bearing Market Value Share Analysis, by Country
11.8. Europe Plain Bearing Market Forecast, by Country
11.8.1. Germany
11.8.2. U.K.
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Rest of Europe
11.9. Europe Plain Bearing Market Analysis, by Country/ Sub-region
11.10. Germany Plain Bearing Market Forecast, by Type
11.10.1. Journal
11.10.2. Linear
11.10.3. Thrust
11.10.4. Angular Contact
11.11. Germany Plain Bearing Market Forecast, by Application
11.11.1. Automotive
11.11.2. Industrial
11.11.3. Aerospace
11.11.4. Construction
11.11.5. Others
11.12. U.K. Plain Bearing Market Forecast, by Type
11.12.1. Journal
11.12.2. Linear
11.12.3. Thrust
11.12.4. Angular Contact
11.13. U.K. Plain Bearing Market Forecast, by Application
11.13.1. Automotive
11.13.2. Industrial
11.13.3. Aerospace
11.13.4. Construction
11.13.5. Others
11.14. France Plain Bearing Market Forecast, by Type
11.14.1. Journal
11.14.2. Linear
11.14.3. Thrust
11.14.4. Angular Contact
11.15. France Plain Bearing Market Forecast, by Application
11.15.1. Automotive
11.15.2. Industrial
11.15.3. Aerospace
11.15.4. Construction
11.15.5. Others
11.16. Italy Plain Bearing Market Forecast, by Type
11.16.1. Journal
11.16.2. Linear
11.16.3. Thrust
11.16.4. Angular Contact
11.17. Italy Plain Bearing Market Forecast, by Application
11.17.1. Automotive
11.17.2. Industrial
11.17.3. Aerospace
11.17.4. Construction
11.17.5. Others
11.18. Spain Plain Bearing Market Forecast, by Type
11.18.1. Journal
11.18.2. Linear
11.18.3. Thrust
11.18.4. Angular Contact
11.19. Spain Plain Bearing Market Forecast, by Application
11.19.1. Automotive
11.19.2. Industrial
11.19.3. Aerospace
11.19.4. Construction
11.19.5. Others
11.20. Rest of Europe Plain Bearing Market Forecast, by Type
11.20.1. Journal
11.20.2. Linear
11.20.3. Thrust
11.20.4. Angular Contact
11.21. Rest of Europe Plain Bearing Market Forecast, by Application
11.21.1. Automotive
11.21.2. Industrial
11.21.3. Aerospace
11.21.4. Construction
11.21.5. Others
11.22. Europe Plain Bearing Market Attractiveness Analysis
11.22.1. By Type
11.22.2. By Application
11.23. Key Trends
11.24. Key Developments

12. Asia Pacific Plain Bearing Market Analysis

12.1. Key Findings
12.2. Asia Pacific Plain Bearing Market Overview
12.3. Asia Pacific Plain Bearing Market Value Share Analysis, by Type
12.4. Asia Pacific Plain Bearing Market Forecast, by Type
12.4.1. Journal
12.4.2. Linear
12.4.3. Thrust
12.4.4. Angular Contact
12.5. Asia Pacific Plain Bearing Market Value Share Analysis, by Application
12.6. Asia Pacific Plain Bearing Market Forecast, by Application
12.6.1. Automotive
12.6.2. Industrial
12.6.3. Aerospace
12.6.4. Construction
12.6.5. Others
12.7. Asia Pacific Plain Bearing Market Value Share Analysis, by Country
12.8. Asia Pacific Plain Bearing Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. ASEAN
12.8.5. Rest of Asia Pacific
12.9. Asia Pacific Plain Bearing Market Analysis, by Country/ Sub-region
12.10. China Plain Bearing Market Forecast, by Type
12.10.1. Journal
12.10.2. Linear
12.10.3. Thrust
12.10.4. Angular Contact
12.11. China Plain Bearing Market Forecast, by Application
12.11.1. Automotive
12.11.2. Industrial
12.11.3. Aerospace
12.11.4. Construction
12.11.5. Others
12.12. India Plain Bearing Market Forecast, by Type
12.12.1. Journal
12.12.2. Linear
12.12.3. Thrust
12.12.4. Angular Contact
12.13. India Plain Bearing Market Forecast, by Application
12.13.1. Automotive
12.13.2. Industrial
12.13.3. Aerospace
12.13.4. Construction
12.13.5. Others
12.14. Japan Plain Bearing Market Forecast, by Type
12.14.1. Journal
12.14.2. Linear
12.14.3. Thrust
12.14.4. Angular Contact
12.15. Japan Plain Bearing Market Forecast, by Application
12.15.1. Automotive
12.15.2. Industrial
12.15.3. Aerospace
12.15.4. Construction
12.15.5. Others
12.16. ASEAN Plain Bearing Market Forecast, by Type
12.16.1. Journal
12.16.2. Linear
12.16.3. Thrust
12.16.4. Angular Contact
12.17. ASEAN Plain Bearing Market Forecast, by Application
12.17.1. Automotive
12.17.2. Industrial
12.17.3. Aerospace
12.17.4. Construction
12.17.5. Others
12.18. Rest of Asia Pacific Plain Bearing Market Forecast, by Type
12.18.1. Journal
12.18.2. Linear
12.18.3. Thrust
12.18.4. Angular Contact
12.19. Rest of Asia Pacific Plain Bearing Market Forecast, by Application
12.19.1. Automotive
12.19.2. Industrial
12.19.3. Aerospace
12.19.4. Construction
12.19.5. Others
12.20. Asia Pacific Plain Bearing Market Attractiveness Analysis
12.20.1. By Type
12.20.2. By Application
12.21. Key Trends
12.22. Key Developments

13. Middle East & Africa Plain Bearing Market Analysis

13.1. Key Findings
13.2. Middle East & Africa Plain Bearing Market Overview
13.3. Middle East & Africa Plain Bearing Market Value Share Analysis, by Type
13.4. Middle East & Africa Plain Bearing Market Forecast, by Type
13.4.1. Journal
13.4.2. Linear
13.4.3. Thrust
13.4.4. Angular Contact
13.5. Middle East & Africa Plain Bearing Market Value Share Analysis, by Application
13.6. Middle East & Africa Plain Bearing Market Forecast, by Application
13.6.1. Automotive
13.6.2. Industrial
13.6.3. Aerospace
13.6.4. Construction
13.6.5. Others
13.7. Middle East & Africa Plain Bearing Market Value Share Analysis, by Country
13.8. Middle East & Africa Plain Bearing Market Forecast, by Country
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Middle East & Africa Plain Bearing Market Analysis, by Country/ Sub-region
13.10. GCC Plain Bearing Market Forecast, by Type
13.10.1. Journal
13.10.2. Linear
13.10.3. Thrust
13.10.4. Angular Contact
13.11. GCC Plain Bearing Market Forecast, by Application
13.11.1. Automotive
13.11.2. Industrial
13.11.3. Aerospace
13.11.4. Construction
13.11.5. Others
13.12. South Africa Plain Bearing Market Forecast, by Type
13.12.1. Journal
13.12.2. Linear
13.12.3. Thrust
13.12.4. Angular Contact
13.13. South Africa Plain Bearing Market Forecast, by Application
13.13.1. Automotive
13.13.2. Industrial
13.13.3. Aerospace
13.13.4. Construction
13.13.5. Others
13.14. Rest of Middle East & Africa Plain Bearing Market Forecast, by Type
13.14.1. Journal
13.14.2. Linear
13.14.3. Thrust
13.14.4. Angular Contact
13.15. Rest of Middle East & Africa Plain Bearing Market Forecast, by Application
13.15.1. Automotive
13.15.2. Industrial
13.15.3. Aerospace
13.15.4. Construction
13.15.5. Others
13.16. Middle East & Africa Plain Bearing Market Attractiveness Analysis
13.16.1. By Type
13.16.2. By Application
13.17. Key Trends
13.18. Key Developments

14. South America Plain Bearing Market Analysis

14.1. Key Findings
14.2. South America Plain Bearing Market Overview
14.3. South America Plain Bearing Market Value Share Analysis, by Type
14.4. South America Plain Bearing Market Forecast, by Type
14.4.1. Journal
14.4.2. Linear
14.4.3. Thrust
14.4.4. Angular Contact
14.5. South America Plain Bearing Market Value Share Analysis, by Application
14.6. South America Plain Bearing Market Forecast, by Application
14.6.1. Automotive
14.6.2. Industrial
14.6.3. Aerospace
14.6.4. Construction
14.6.5. Others
14.7. South America Plain Bearing Market Value Share Analysis, by Country
14.8. South America Plain Bearing Market Forecast, by Country
14.8.1. Brazil
14.8.2. Mexico
14.8.3. Rest of South America
14.9. South America Plain Bearing Market Analysis, by Country/ Sub-region
14.10. Brazil Plain Bearing Market Forecast, by Type
14.10.1. Journal
14.10.2. Linear
14.10.3. Thrust
14.10.4. Angular Contact
14.11. Brazil Plain Bearing Market Forecast, by Application
14.11.1. Automotive
14.11.2. Industrial
14.11.3. Aerospace
14.11.4. Construction
14.11.5. Others
14.12. Mexico Plain Bearing Market Forecast, by Type
14.12.1. Journal
14.12.2. Linear
14.12.3. Thrust
14.12.4. Angular Contact
14.13. Mexico Plain Bearing Market Forecast, by Application
14.13.1. Automotive
14.13.2. Industrial
14.13.3. Aerospace
14.13.4. Construction
14.13.5. Others
14.14. Rest of South America Plain Bearing Market Forecast, by Type
14.14.1. Journal
14.14.2. Linear
14.14.3. Thrust
14.14.4. Angular Contact
14.15. Rest of South America Plain Bearing Market Forecast, by Application
14.15.1. Automotive
14.15.2. Industrial
14.15.3. Aerospace
14.15.4. Construction
14.15.5. Others
14.16. South America Plain Bearing Market Attractiveness Analysis
14.16.1. By Type
14.16.2. By Application
14.17. Key Trends
14.18. Key Developments

15. Competitive Landscape

15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
15.2.2. Market Consolidation
15.2.2.1. M&A By Regions, Investment, Applications
15.2.2.2. M&A Key Players, Forward Integration, Backward Integration
15.3. Company Profiles: Key Players
15.3.1. NTN Corporation
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Business Strategy
15.3.1.4. Recent Developments
15.3.1.5. Manufacturing Footprint
15.3.2. SKF Group
15.3.3. Schaeffler Technologies AG & Co. KG
15.3.4. Timken Company
15.3.5. THK Co. Ltd.
15.3.6. NSK Ltd.
15.3.7. RBC Bearings Incorporated
15.3.8. Minebea Mitsumi Inc.
15.3.9. SGL Group
15.3.10. Boston Gear LLC
15.3.11. GGB Bearing Technology
15.3.12. IGUS
15.3.13. Kashima Bearings, Inc.
15.3.14. PBC Linear
15.3.15. Thomson Industries, Inc
15.3.16. Zollern GmbH & Co. KG

16. Primary Key Insights
  • INQUIRE BEFORE BUYING