The global Plain Bearing market was valued at 1167.4 Million USD in 2021 and will grow with a CAGR of 2.79% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A plain bearing is the simplest type of bearing, comprising just a bearing surface and no rolling elements. Therefore, the journal slides over the bearing surface. The simplest example of a plain bearing is a shaft rotating in a hole. A simple linear bearing can be a pair of flat surfaces designed to allow motion; e.g., a drawer and the slides it rests on or the ways on the bed of a lathe.Among all end users, the automobile segment accounted for the largest share of the global plain bearing market in 2017. The automobile end user segment is also projected to grow at the highest CAGR from 2018 to 2023. Plain bearings are widely used in automobile industry, owing to their properties such as lightweight, low maintenance, high wear & fatigue resistance, and high load carrying capacity.

By Market Verdors:

NTN

SKF

Schaeffler

Timken

THK

NSK

Minebea Mitsumi

RBC Bearings

SGL

GGB Bearing

IGUS

Kashima Bearings

Boston Gear

Thomson Industries

Zollern

PBC Linear

By Types:

Journal

Linear

Thrust

Angular Contact

By Applications:

Automotive

Industrial

Aerospace

Energy

Elevators

Construction Machinery

Agriculture & Gardening Equipment

Oilfield Machinery

Office Products

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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