Plain Bearing Market share research by applications and regions for 2017-2024

1
Plain Bearing Market Price, Trends, Industry
Outlook Forecast 2017-2024
2
Key Insights from Plain Bearing Market

• Plain Bearing Market size is driven by potential
  applications in oilfield machinery, construction
  machinery, automotive, aerospace, industrial and
  energy industry. High durability and performance
  along with cost effective production are among
  key factors driving the industry growth.
• Growth in global automotive production due to
  increasing consumer spending on automobiles
  supported by the vehicle loan offered by
  financial institutions will propel the plain
  bearing market. As per OICA, global automotive
  production exceeded 94 million units in 2016.
  Moreover, increasing product usage in several
  industrial applications including production
  lines, elevators and conveyor belts will further
  propel industry share.
• Technology advancements and product innovations
  including magnetic levitations manners
  cushioned with compressed air are projected to
  enhance plain bearing demand. For instance,
  introduction of advanced spherical roller
  significantly provides superior performance and
  limited maintenance cost.

3
Continued...

• Increasing demand for fuel efficient passenger
  vehicles due to stringent government regulations
  particularly in Europe and North America will
  stimulate plain bearing market penetration.
  Passenger cars utilize substantial number of
  components to enhance energy efficiency by
  minimizing energy loss produced by friction.
• Plain bearings, even well recognized as bushings,
  are specially designed with anti-friction
  properties that reduce resistance and improve
  machine mobility. These components are
  extensively utilized in gear boxes, pumps and
  automobiles, facilitating efficient operation of
  the machineries. Product portfolio may vary from
  a huge diameter product to a sequence of thin
  linings.
• Plain bearing market is segmented based on design
  as angular contact, journal, linear, thrust and
  other products. Journal type is estimated to hold
  notable share in the overall industry share.
  Increase usage of journal components in
  comprehensive equipment including aerospace,
  automobile, energy and construction industry will
  fuel industry size.

4

Latest Research Report On Plain Bearing Market _at_
https//www.gminsights.com/industry-analysis/pla
in-bearing-market Request for a table of
content of this research report
_at_ https//www.gminsights.com/request-toc/upcoming
/2322
5
Major Companies in Plain Bearing Market

• Schaeffler Technologies
• SKF Group
• Timken
• JTEKT Corporation
• NTN Corporation
• Minebea Mitsumi
• SGL Group
• THK Company
• NSK

6
Regional Insights in Plain Bearing Market

• Asia Pacific plain bearing market holds largest
  industry share owing to increasing demand for
  automobiles during the forecast timeframe. Rapid
  urbanization and development of large number of
  manufacturing facilities in several emerging
  economies including China and India will further
  propel industry size.

7
Stay In Touch Website www.gminsights.com Soci
al Media