Plain Bearing Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Global Plain Bearing Market was valued at USD 12.7 Billion in 2019 and is projected to reach USD 17.3 Billion by 2027, growing at a CAGR of 3% from 2021 to 2027.

Plain bearings are the simplest in their category and are also referred to as solid bearings or bushings. It contains only the bearing surface and has no rolling components. The part of the shaft that comes into contact with the bearing, called a journal, moves over the bearing surface. They are offered at a very low cost compared to other bearings and are compact with good load bearing capacity. Depending on the design, there are different types of plain bearings such as linear bearings, journal bearings, angular contact plain bearings and thrust bearings.

Market Segments:

On the basis of type

• Journal
• Linear
• Thrust
• Angular Contact
• Others

On the basis of end user:

• Automtive
• Industrial
• Aerospace
• Energy
• Elevators
• Construction Machinery
• Agriculture & Gardening Equipment
• Oilfield Machinery
• Office Products

Key Players

The major players covered in the plain bearing market report are Boston Gear LLC, GGB Bearing Technology, IGUS, Kashima Bearings, Inc., Minebea Mitsumi Inc., NSK Ltd., NTN Corporation, PBC Linear, RBC Bearings Incorporated, SGL Group, SKF Group, Schaeffler Technologies Ag & Co. KG, THK Co., Ltd., Thomson Industries, Inc., Timken Company, Zollern GmbH & Co. KG among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.

Scope of the Report

The research study analyzes the global Plain Bearing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Plain Bearing Market Report

1. What was the Plain Bearing Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of Plain Bearing Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Plain Bearing Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.