X

Global Plain Bearing Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ01602
Global Plain Bearing Market Outlook to 2029

Report Description

A Plain Bearing is a type of bearings that do not contain rolling elements present to the shaft or axle, and they support broad areas of the corresponding form, usual segments of a cylinder. According to BlueQuark Research & Consulting, the global Plain Bearing market is expected to witness a significant growth rate during the forecasted period. Factors like the increasing use of Plain Bearing in the automotive industry, as bearings improve vehicle performance, support large loads, and decrease friction, are expected to drive the global market. Further, in various aerospace applications, plain bearings to improve fuel efficiency, increase maintenance intervals, and reduce carbon emissions are projected to drive the global market. Furthermore, many bearing points on construction machines are insulated from environmental impacts and wear driving the global market. However, Plain Bearings are more expensive to manufacture and operate than plain hydrodynamic bearings as lubricant pressure boosting is required. Higher investment and energy costs are expected to hinder the global market growth.

Plain Bearings are used in the gearboxes, engines, wheels, transmissions, steerings, pumps, and electrical motors. It is also used for smooth functioning even in wipers, doors, rearview mirrors, and bonnet hinges. It is used in various military aircraft, helicopters, and missile systems in the aerospace industry. Construction machinery bearings do not require lubrication and maintenance. It is used in ploughing equipment called grubbers, which are primarily used for weed control. It is also used in oilfield machinery and in the elevator industry equipment maintenance needs specific demand on bearings.

The Automotive Industry is the most vital consumer of Plain Bearings and is projected to drive the Global Market. Plain bearings have low friction, low wear, corrosion resistance, and resilience to high temperatures, which are a few desirable characteristics. It is employed in everything from seat systems to thermally demanding applications in the engine compartment, including gearbox shift forks, coolant pumps, and the powertrain, making the Global Plain Bearings bound to rise. February 2022 had 1,058,394 new car sales in the United States, a 12.5 percent reduction from February 2021. Still, a promising indication is that they were up 5.6 percent from the month before in January. In February 2022, light vehicle seasonally adjusted annualized sales were 14.15 million units, compared to 16.13 million units a year earlier. The Ford F-Series, Ram pickups, Chevrolet Silverado, Toyota RAV4, Jeep Grand Cherokee, Tesla Model Y sales nearly doubled from February 2021, Toyota Highlander, GMC Sierra, Chevrolet Equinox, and for the first time in the Top 10, the Mazda CX-5 sales up 35.7 percent from February 2021 were the best-selling models in February 2022. The number of bearing points has increased in parallel with the complexity of vehicles. They are lighter than metal bearings and hence help decrease carbon dioxide emissions, which is predicted to increase and drive the total market. Therefore the mentioned use of Plain Bearings in the Automotive Industry is expected to grow and drive the overall market.

The North American region is expected to be the leader in producing and consuming Plain Bearings, with most consumption in countries like the US and Canada. The SKF Group, based in Sweden, is the world's leading bearing provider in western Europe, Latin America, Africa, and the Middle East, accounting for one-third of the worldwide market. Plain Bearing demand is increasing due to the increased number of models and new types of cars hitting the market. Plain bearings can withstand wear, severe temperatures, and grease. This is why they're used on throttle valves and gearboxes belt tensioners, thus driving the global Plain Bearing market. Plain bearing solutions help the aerospace industry save weight and space while improving energy economy, strength and safety, and operating temperatures for ground, air, and space applications, driving the global Plain Bearing market. In the construction machinery, Plain Bearing's primary purpose is to avoid wear of the machine's support points, which would occur if the shafts were to roll directly on the structure, driving the global market. Agricultural machines like tractors, disk harrows, rotatory harrows, seed drills, knife cutter bars, or balers are designed for rough use. Plain bearings are used to withstand extreme loads, expected to drive the global Plain Bearing market. In oilfield machinery, Plain Bearings can reduce or eliminate the use of external lubricants, which helps to improve machine performance and make operation more environmentally friendly, driving the global market. EPB plastic plain bearings are commonly used in elevators as they are significant wear-resistant bearings. They are dust-resistant, low-noise, and maintenance-free, driving the global Plain Bearing market. The mentioned factors have made North America an important region for growth in the Plain Bearing Market.

Some of the market's key players are NTN CorporationAltra Industrial MotionSchaeffler Technologies AG & Co. KGSKF GroupThe Timken Company, among others.

In October 2021, GGB-CBM was a proven lead-free material for turbine manufacturers. This is a metallurgic powder-based bimetal bearing with a thin wall. The self-lubricating and maintenance-free qualities of GGB-CBM, as well as its exceptional corrosion resistance, guarantee that it runs smoothly even in the harshest of environments.

In April 2021, GGP EP15 plain bearings were self-lubricating, UV-resistant, lightweight, and had a low friction coefficient. They were created specifically for use in photovoltaic plants equipped with tracking systems, and regular maintenance intervals are not required since there are no lubricants. 

The Global Plain Bearing Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Plain Bearings market by segmenting based on the By Type (Self-lubricating Bearings, Regularly Lubricated Bearings, Continuously Lubricated Bearings, Others), By Design (Journal, Linear, Thrust, Others), By Application (Automotive, Aerospace, Construction Machines, Agricultural Equipment, Oilfield Machines, Escalators, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

Choose a License Type

How can we help you today?

CONTACT AN EXPERT

  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Plain Bearing market.
  • Equip yourself with rigorous analysis and forward-looking insight into the Global Plain Bearing market across various regions.
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop a strategy.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market data and forecasts to understand how the demand for the Global Plain Bearing Market evolves over the next five years across various regions.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position.

  Tables and charts

Global Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

North America Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

United States Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Canada Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Mexico Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Europe Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

United Kingdom Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Germany Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Other Supporting Charts

Italy Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

France Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Spain Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Rest of Europe Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

South America Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Brazil Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Argentina Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Rest of South America Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Asia-Pacific Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

China Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

India Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Japan Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

South Korea Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

ASEAN Countries Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Rest of Asia-Pacific Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Middle East & Africa Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Saudi Arabia Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

South Africa Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Rest of Middle-East & Africa Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Automotive - Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Aerospace - Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Construction Machines - Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Agricultural Equipment - Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Oilfield Machines - Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Escalators - Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

Others - Plain Bearing Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027

  Who need this report?

  • Plain Bearings Manufacturing Companies
  • Automotive Industry
  • Aerospace Industry
  • Construction Machine Manufacturers
  • Agriculture Machine Manufacturers
  • Oilfield Machine Manufacturer
  • Escalator Industry
  • Suppliers, distributors of Plain Bearing
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Others

  What's included

Report - Global Plain Bearing Market Outlook to 2027.pdf
Market Data - Global Plain Bearing Market Outlook to 2027.xls

  FAQs

HOW CAN WE HELP?

Get in touch to discuss your ambitions and we’ll help you get there.

GET IN TOUCH