Plain Bearing Market is predicted to reach USD 17.0 Billion at a CAGR of 5.50% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Plain Bearing Market” that contains information from 2018 to 2032. The Plain Bearing market is estimated to register a CAGR of 5.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Plain Bearing market— Altra Industrial Motion Corp., GGB, igus, Minebea Intec GmbH, NSK Ltd., NTN Corporation, PBC Linear, RBC Bearings Incorporated, SGL Group, SKF, Schaeffler AG, THK CO., LTD., Thomson Industries, Inc., Kashima Bearings, Inc., THE TIMKEN COMPANY, and ZOLLERN GmbH & Co. KG.

Market Highlights

The global Plain Bearing market is accounted to register a CAGR of 5.50% during the forecast period and is estimated to reach USD 17.0 Billion by 2032.

The Plain Bearing Market encompasses the industry involved in the manufacturing and distribution of plain bearings, which are simple, low-friction bearing components used to support rotating or sliding shafts in machinery and equipment. These bearings provide smooth operation and reduce friction between moving parts, promoting efficiency and longevity in various mechanical applications.

Segment Analysis

The global Plain Bearing market has been segmented based on Type and End Use Industry.

On the basis of Type, the market is segmented into journal, linear, thrust, angular contact, and others. In 2022, the journal category dominated the world market. Several end-use industries, including transportation, aircraft, heavy equipment, and energy, have increased their need for journal bearings, which is mostly to blame.

Based on End Use Industry, the global Plain Bearing market has been segmented into automotive, industrial, aerospace, energy, construction machinery, agriculture & gardening equipment, oilfield machinery, office products, and others. In 2022, the automotive industry dominated the plain bearing market. This is primarily attributable to the increase in demand for plain bearings in the automotive industry.

Regional Analysis

The global Plain Bearing market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Plain Bearing market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Plain Bearing market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Plain Bearing market comprises of Middle East, Africa, and Latin America.

The North America Plain Bearing Market dominated this market in 2022 (45.80%). This is due to the increased need for plain bearings in a number of industries, including the automotive, aerospace, construction, and others. Additionally, the North American market with the fastest growth was the Canada Global Plain Bearing Market, while the U.S. Global Plain Bearing Market had the biggest market share.

Additionally, the second-largest market share for Plain Bearing is held by Europe. The bulk of the big companies in Europe plan to move their production base to this region due to the accessibility of inexpensive raw materials, low manufacturing costs, and the desire to provide superior local market service. The U.K. Global Plain Bearing Market had the quickest growth in the European region, while the German Global Plain Bearing Market had the greatest market share.

Moreover, between 2023 and 2032, the Asia Pacific Global Plain Bearing Market is anticipated to grow significantly. This is due to a rise in demand for plain bearings in the area from a number of end-use industries, including the building, aerospace, automotive, and energy sectors. China, India, and Japan are the main manufacturers and consumers of plain bearings in the Asia-Pacific region. The Asia Pacific region is rapidly growing and offers several opportunities for corporate players. Additionally, the Indian Global Plain Bearing Market had the quickest rate of growth in the Asia-Pacific region, while China's Global Plain Bearing Market had the greatest market share.

Key Findings of the Study

• The global Plain Bearing market is expected to reach USD 17.0 Billion by 2032, at a CAGR of 5.50% during the forecast period.


• The North America Plain Bearing Market dominated this market in 2022 (45.80%). This is due to the increased need for plain bearings in a number of industries, including the automotive, aerospace, construction, and others.


• Based on End Use Industry, in 2022, the automotive industry dominated the plain bearing market.


• Altra Industrial Motion Corp., GGB, igus, Minebea Intec GmbH, NSK Ltd., NTN Corporation, PBC Linear, RBC Bearings Incorporated, SGL Group, SKF, Schaeffler AG, THK CO., LTD., Thomson Industries, Inc., Kashima Bearings, Inc., THE TIMKEN COMPANY, and ZOLLERN GmbH & Co. KG.