Plain Bearing Market - Global Forecast to 2022

  • ID: 4211650
  • Report
  • Region: Global
  • 145 Pages
  • Markets and Markets
1 of 5
The Global Plain Bearing Market is Projected to Reach USD 15.23 Billion by 2022, at a CAGR of 4.8%

FEATURED COMPANIES

  • Boston Gear LLC
  • IGUS
  • Minebea Mitsumi Inc.
  • NTN Corporation
  • RBC Bearings Incorporated
  • SKF Group
  • MORE

"Plain Bearing Market by End User (Automotive, Industrial, Aerospace, Energy, Construction, Oilfield Machinery, Agricultural & Gardening Equipment, Office Products), Type (Journal, Linear, Thrust, Angular Contact), and Region - Global Forecast to 2022"

The global plain bearing market is projected to reach USD 15.23 billion by 2022, at a CAGR of 4.8% between 2017 and 2022. The increase in demand for plain bearings from the automotive industry is propelling the growth of this market. Plain bearings are being widely used in the automotive industry, owing to their properties such as lightweight, high corrosion & chemical resistance, high wear & fatigue resistance, and less noise. One of the major restraints inhibiting the growth of the global plain bearing market includes the increase in the life span of bearings due to technological innovations; hindering the aftermarket sales, ultimately affecting the global plain bearing market.

The journal type segment contributed the largest share to the global plain bearing market in 2016; this segment is projected to grow at the highest CAGR from 2017 to 2022. This growth is mainly attributed to the increasing demand for journal bearings from several end-use industries, such as automobile, aerospace, construction, and energy. In addition, unique properties of journal bearings that include a relatively simple design and construction, less noise, and high load carrying capacity are anticipated to propel the demand for journal plain bearings.

The industrial end-user segment accounted for the second-largest share of the global plain bearing market in 2016; this segment is projected to grow at a high CAGR from 2017 to 2022. This growth is mainly attributed to the increasing demand for plain bearings in various industries. Plain bearings are used in industrial applications for elevators, production lines, and conveyor belts, among others.

The European region accounted for the second-largest share of the global plain bearing market in 2016, owing to the rise in demand for plain bearings from various end-use industries, such as automobile, aerospace, energy, construction, and agriculture. Germany, France, and the U.K. are the leading countries in terms of production and consumption of plain bearings in the European region. Moreover, the rising demand from the growing automotive and aerospace industries is further anticipated to drive the growth of the plain bearing market in the European region.

Profile break-up of primary participants for the report:

  • By Company Type: Tier 1 - 45 %, Tier 2 - 35%, and Tier 3 - 20%
  • By Designation: C Level - 40%, D Level - 35%, and Others - 25%
  • By Region: North America - 51%, Europe - 15%, Asia-Pacific - 23%, Middle East & Africa - 7%, and South America- 4%

Furthermore, as a part of qualitative analysis, the report provides a comprehensive overview of major drivers, restraints, opportunities, and challenges influencing the growth of the global plain bearing market. It also discusses competitive strategies adopted by different market players, such as NTN Corporation (Japan), SKF Group (Sweden), Schaeffler Technologies AG & Co. KG (Germany), Timken Company (U.S.), THK Co. Ltd. (Japan), NSK Ltd. (Japan), RBC Bearings Incorporated (U.S.), Minebea Mitsumi Inc. (Japan), and SGL Group (Germany), among others.

Research Coverage:

The report provides a comprehensive overview of the global plain bearing market and associated end-use industries, plain bearing types, and regions. It further aims at estimating the market size and future growth potential of varied market segments and subsegments. Furthermore, the report also includes an in-depth competitive analysis of key players in the market along with their company profiles, market share, SWOT analysis, recent developments, and key growth strategies.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market by providing them the closest approximations of revenue numbers for the global plain bearing market and its subsegments. This report will also help stakeholders to better understand the competitor landscape and gain worthy market insights to better position their businesses and develop suitable go-to-market strategies. The report further helps stakeholders to understand the pulse of the market and offers them information on key market drivers, restraints, challenges, and opportunities.

READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Boston Gear LLC
  • IGUS
  • Minebea Mitsumi Inc.
  • NTN Corporation
  • RBC Bearings Incorporated
  • SKF Group
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency Considered
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Plain Bearing Market
4.2 Plain Bearing Market, By Type
4.3 Plain Bearing Market
4.4 Plain Bearing Market Growth
4.5 Plain Bearing Market, By End User
4.6 Plain Bearing Market: Developing vs Developed Nations

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Plain Bearings From End Users
5.2.1.2 Cost-Effective Production of Plain Bearings in Asia-Pacific
5.2.2 Restraints
5.2.2.1 Increasing Life Span of Bearings Due to Technological Innovations
5.2.3 Opportunities
5.2.3.1 Growth Prospects in Developing Economies
5.2.3.2 New Product Innovation and Development
5.2.4 Challenges
5.2.4.1 Growing Number of Counterfeit Products
5.2.4.2 Volatility of Raw Material Prices
5.3 Cost Structure Analysis
5.4 Porter’s Five Forces
5.4.1 Threat of New Entrants
5.4.2 Threat of Substitutes
5.4.3 Bargaining Power of Suppliers
5.4.4 Bargaining Power of Buyers
5.4.5 Intensity of Competitive Rivalry
5.5 Economic Indicators
5.5.1 Industry Outlook
5.5.1.1 Automobile
5.5.1.2 Manufacturing
5.5.1.3 Oil & Gas Industry

6 Plain Bearing Market, By End User
6.1 Introduction
6.2 Automotive
6.3 Industrial
6.4 Aerospace
6.5 Energy
6.6 Construction Machinery
6.7 Agricultural & Gardening Equipment
6.8 Oilfield Machinery
6.9 Office Products
6.10 Other End Users

7 Plain Bearing Market, By Type
7.1 Introduction
7.2 Journal Plain Bearing
7.3 Linear Plain Bearing
7.4 Thrust Plain Bearing
7.5 Angular Contact Plain Bearing
7.6 Other Plain Bearings

8 Plain Bearing Market, By Region
8.1 Introduction
8.2 Asia-Pacific
8.2.1 China
8.2.2 Japan
8.2.3 India
8.2.4 South Korea
8.2.5 Thailand
8.2.6 Australia
8.2.7 Singapore
8.2.8 Rest of Asia-Pacific
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 U.K.
8.3.4 Italy
8.3.5 Spain
8.3.6 Russia
8.3.7 Rest of Europe
8.4 North America
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.2 Qatar
8.5.3 Turkey
8.5.4 Rest of Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Peru
8.6.4 Rest of South America

9 Competitive Landscape
9.1 Overview
9.2 Plain Bearing Market: Market Share Analysis
9.2.1 NTN Corporation
9.2.2 NSK Ltd.
9.2.3 Timken Company
9.2.4 SKF Group
9.2.5 Schaeffler Technologies Ag & Co. Kg
9.3 New Product Launches
9.4 Agreements
9.5 Expansions
9.6 Acquisitions

10 Company Profiles
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View) -
10.1 NTN Corporation
10.2 SKF Group
10.3 Schaeffler Technologies Ag & Co. Kg
10.4 Timken Company
10.5 THK Co., Ltd.
10.6 NSK Ltd.
10.7 Minebea Mitsumi Inc.
10.8 RBC Bearings Incorporated
10.9 SGL Group
10.10 GGB Bearing Technology
10.11 IGUS
10.12 Kashima Bearings, Inc.
10.13 Boston Gear LLC
10.14 Thomson Industries, Inc.
10.15 Zollern GmbH & Co. Kg
10.16 PBC Linear
10.17 Other Companies

11 Appendix
11.1 Discussion Guide

List of Tables

Table 1 Global Plain Bearing Market Snapshot
Table 2 Plain Bearing- Cost Structure Analysis
Table 3 International Car Sales Outlook
Table 4 Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 5 Plain Bearing Market for Automotive, By Region, 2015-2022 (USD Million)
Table 6 Plain Bearing Market for Industrial, By Region, 2015-2022 (USD Million)
Table 7 Plain Bearing Market for Aerospace, By Region, 2015-2022 (USD Million)
Table 8 Plain Bearing Market for Energy, By Region, 2015-2022 (USD Million)
Table 9 Plain Bearing Market for Construction Machinery, By Region, 2015-2022 (USD Million)
Table 10 Plain Bearing Market for Agricultural & Gardening Equipment, By Region, 2015-2022 (USD Million)
Table 11 Plain Bearing Market for Oilfield Machinery, By Region, 2015-2022 (USD Million)
Table 12 Plain Bearing Market for Office Products, By Region, 2015-2022 (USD Million)
Table 13 Plain Bearing Market for Other End Users, By Region, 2015-2022 (USD Million)
Table 14 Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 15 Journal Plain Bearing Market, By Region, 2015-2022 (USD Million)
Table 16 Linear Plain Bearing Market, By Region, 2015-2022 (USD Million)
Table 17 Thrust Plain Bearing Market, By Region, 2015-2022 (USD Million)
Table 18 Angular Contact Plain Bearing Market, By Region, 2015-2022 (USD Million)
Table 19 Other Plain Bearing Market, By Region, 2015-2022 (USD Million)
Table 20 Plain Bearing Market, By Region, 2015-2022 (USD Million)
Table 21 Asia-Pacific Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 22 Asia-Pacific Plain Bearing Market, By Country, 2015-2022 (USD Million)
Table 23 Asia-Pacific Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 24 China Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 25 China Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 26 Japan Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 27 Japan Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 28 India Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 29 India Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 30 South Korea Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 31 South Korea Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 32 Thailand Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 33 Thailand Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 34 Australia Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 35 Australia Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 36 Singapore Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 37 Singapore Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 38 Rest of Asia-Pacific Plain Bearing Market, By End User,2015-2022 (USD Million)
Table 39 Rest of Asia-Pacific Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 40 Europe Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 41 Europe Plain Bearing Market, By Country, 2015-2026 (USD Million)
Table 42 Europe Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 43 Germany Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 44 Germany Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 45 France Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 46 France Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 47 U.K. Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 48 U.K. Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 49 Italy Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 50 Italy Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 51 Spain Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 52 Spain Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 53 Russia Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 54 Russia Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 55 Rest of Europe Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 56 Rest of Europe Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 57 North America Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 58 North America Plain Bearing Market, By Country, 2015-2022 (USD Million)
Table 59 North America Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 60 U.S. Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 61 U.S. Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 62 Canada Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 63 Canada Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 64 Mexico Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 65 Mexico Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 66 Middle East & Africa Plain Bearing Market, By End User,2015-2022 (USD Million)
Table 67 Middle East & Africa Plain Bearing Market, By Country,2015-2022 (USD Million)
Table 68 Middle East & Africa Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 69 Saudi Arabia Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 70 Saudi Arabia Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 71 Qatar Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 72 Qatar Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 73 Turkey Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 74 Turkey Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 75 Rest of Middle East & Africa Plain Bearing Market, By End User,2015-2022 (USD Million)
Table 76 Rest of Middle East & Africa Plain Bearing Market, By Type,2015-2022 (USD Million)
Table 77 South America Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 78 South America Plain Bearing Market, By Country, 2015-2022 (USD Million)
Table 79 South America Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 80 Brazil Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 81 Brazil Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 82 Argentina Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 83 Argentina Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 84 Peru Plain Bearing Market, By End User, 2015-2022 (USD Million)
Table 85 Peru Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 86 Rest of South America Plain Bearing Market, By End User,2015-2022 (USD Million)
Table 87 Rest of South America Plain Bearing Market, By Type, 2015-2022 (USD Million)
Table 88 New Product Launches, 2011-2017
Table 89 Agreements, 2011-2017
Table 90 Expansions, 2011-2017
Table 91 Acquisitions, 2011-2017

List of Figures

Figure 1 Plain Bearing Market: Research Design
Figure 2 Breakdown of Primary Interviews, By Company, Designation, and Region
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Plain Bearing Market: Data Triangulation
Figure 6 Automotive Segment Projected to Lead the Global Plain Bearing Market Between 2017 and 2022
Figure 7 Journal Type Segment Anticipated to Lead the Plain Bearing Market By 2022
Figure 8 Plain Bearing Market, By Region, 2016
Figure 9 Asia-Pacific Projected to Grow at the Highest CAGR Between  2017 and 2022
Figure 10 Plain Bearing Market Projected to Witness Significant Growth Between 2017 and 2022
Figure 11 Journal Segment Anticipated to Grow at the Highest CAGR Between 2017 and 2022
Figure 12 Automotive Segment Accounted for the Largest Share of the Plain Bearing Market in 2016
Figure 13 China to Grow at the Highest CAGR Between 2017 and 2022
Figure 14 Automotive Segment Estimated to Account for the Largest Share of the Plain Bearing Market in 2017
Figure 15 Emerging Nations to Grow at Higher CAGR Between 2017 and 2022
Figure 16 Increasing Demand for Plain Bearings From End-Use Industries to Fuel the Market Growth Between 2017 and 2022
Figure 17 Global Automobile Production Data, 2011-2016
Figure 18 Average Crude Oil Prices, 2005-2016
Figure 19 Plain Bearing - Cost Structure Analysis
Figure 20 Porter’s Five Forces Analysis
Figure 21 Manufacturing Industry Growth Rates, (2015)
Figure 22 Region wise Oil Production
Figure 23 Plain Bearing Market, By End User, 2017 & 2022 (USD Million)
Figure 24 Plain Bearing Market, By Type, 2017 & 2022 (USD Million)
Figure 25 Global Snapshot (2017-2022):
Figure 26 Asia-Pacific Plain Bearing Market Snapshot
Figure 27 Europe Plain Bearing Market Snapshot
Figure 28 North America Plain Bearing Market Snapshot
Figure 29 Middle East & Africa Plain Bearing Market Snapshot
Figure 30 South America Plain Bearing Market Snapshot
Figure 31 Market Share Analysis for Key Player in Plain Bearing Market, 2016
Figure 32 Battle for Market Share: New Product Launch Was the Key Growth Strategy
Figure 33 NTN Corporation: Company Snapshot
Figure 34 SKF Group: Company Snapshot
Figure 35 Schaeffler Technologies Ag & Co. Kg: Company Snapshot
Figure 36 Timken Company: Company Snapshot
Figure 37 THK Co., Ltd.: Company Snapshot
Figure 38 NSK Ltd.: Company Snapshot
Figure 39 Minebea Mitsumi Inc.: Company Snapshot
Figure 40 RBC Bearings Incorporated: Company Snapshot
Figure 41 SGL Group: Company Snapshot
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Boston Gear LLC
  • IGUS
  • Minebea Mitsumi Inc.
  • NTN Corporation
  • RBC Bearings Incorporated
  • SKF Group
  • MORE

The global plain bearing market is projected to reach USD 15.23 Billion by 2022, at a CAGR of 4.8% between 2017 and 2022. This growth is mainly attributed to the increasing demand for plain bearings in the Asia-Pacific region. Increasing applicability of plain bearings in automobile, aerospace, energy, construction, office products, and agriculture industries further propels the growth of the global plain bearing market. Plain bearings offer several advantages over other common rolling element bearing materials. They require less maintenance and create less noise.

The journal type segment contributed the largest share to the global plain bearing market in 2016. This segment is projected to grow at the highest CAGR from 2017 to 2022, owing to the increasing demand for journal plain bearings from various end-use industries, such as automobile, aerospace, energy, and construction. Journal plain bearings also exhibit properties, such as excellent strength, shock resistance, and high load carrying capacity.

Among all end users, the automobile segment accounted for the largest share of the global plain bearing market in 2016. The automobile end user segment is also projected to grow at the highest CAGR from 2017 to 2022. 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.

The Asia-Pacific region accounted for the largest share of the global plain bearing market in 2016. The Asia-Pacific plain bearing market is projected to grow at the highest CAGR during the forecast period owing to the rise in the demand for plain bearings from various end-use industries, such as automobile, aerospace, industrial, energy, construction, agricultural & gardening equipment, oilfield machinery, and office products in this region. China, India, and Japan are the leading countries in terms of production and consumption of plain bearings in the Asia-Pacific region. Moreover, easy availability of raw materials and labor is further anticipated to drive the growth of the plain bearing market in the Asia-Pacific region.

Factors inhibiting the growth of the global plain bearing market include slow economic recovery of the European countries and increasing life span of bearings due to the technological innovations in the overall bearing industry. This has hindered the aftermarket sales of plain bearings, ultimately affecting the global plain bearing market. NTN Corporation (Japan), SKF Group (Sweden), Schaeffler Technologies AG & Co. KG (Germany), Timken Company (U.S.), THK Co. Ltd. (Japan), NSK Ltd. (Japan), RBC Bearings Incorporated (U.S.), Minebea Mitsumi Inc. (Japan), and SGL Group (Germany), among others, are the key players in the plain bearing market. New product launches, agreements, expansions, acquisitions, and research & development are some of the key strategies adopted by the market players to strengthen their presence in the global plain bearing market.

Note: Product cover images may vary from those shown
5 of 5
  • 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
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll