Press release
Plain Bearing Market Outlook 2025 to 2035 Growth Insights with RBC Bearings Inc, MinebeaMitsumi Inc., THK CO., Ltd., Timken Company, Schaeffler Group, SKF Group, and NTN Corporation
The global plain bearing market is on a trajectory of significant growth, with a new report forecasting its value to reach USD 23.9 billion by 2035. This represents a robust compound annual growth rate (CAGR) of 5.9% from its estimated value of USD 13.5 billion in 2025. The market's expansion is primarily driven by the surging demand from the automotive and industrial sectors, which are increasingly prioritizing lightweight, high-performance, and low-maintenance components.Plain bearings, valued for their durability and high load-bearing capacity in demanding environments, are becoming indispensable in a variety of applications. Their ability to reduce friction and improve overall efficiency is a key factor in their growing adoption. The market is also benefiting from a global push for enhanced fuel efficiency in traditional vehicles and the accelerated production of electric vehicles (EVs), which require advanced bearing technologies to optimize performance.
Dive Deeper into the Data-View the Full Report Here: https://www.futuremarketinsights.com/reports/plain-bearing-market
Journal Bearings and Automotive Segment Lead the Charge
A detailed market analysis reveals that the journal type segment is expected to hold a commanding 35% market share by 2025. This dominance is attributed to the versatility and durability of journal bearings, which are essential components in heavy machinery, automotive engines, and manufacturing processes. Their cost-effectiveness and ability to operate reliably under harsh conditions are cementing their leading position in the market.
Simultaneously, the automotive industry is poised to be the largest end-use segment, capturing a 30% share by 2025. This is driven by the integral role plain bearings play in modern vehicle manufacturing, from engine and transmission systems to suspensions. The shift toward electric mobility is further bolstering this segment, as manufacturers seek self-lubricating, maintenance-free bearings for advanced EV systems.
Competitive Landscape and Strategic Outlook
The competitive landscape of the plain bearing market is defined by leading global players such as NTN Corporation, SKF Group, Schaeffler Group, and Timken Company. These firms are actively investing in material innovation and precision engineering to overcome performance limitations in high-load, high-speed applications.
A significant opportunity lies in the development of self-lubricating and smart bearings. Manufacturers are integrating advanced composite materials and sensor technologies to create products that offer real-time monitoring and predictive maintenance capabilities. This aligns with the broader trend of Industry 4.0 and industrial automation, where intelligent components are critical for optimizing performance and reducing downtime.
Regional Growth Highlights
Regionally, the European Union is projected to exhibit the highest CAGR of 6.2% from 2025 to 2035, driven by industrial automation and stringent automotive emission standards. South Korea is also expected to show strong growth at 6.0% due to its booming electronics and automotive sectors. Meanwhile, the U.S. and Japan markets continue to grow steadily, propelled by investments in aerospace, heavy machinery, and precision engineering.
The plain bearing market is set for a decade of sustained growth, with innovation in materials and smart technologies paving the way for more efficient, durable, and connected industrial and automotive applications.
Company Profile
• NTN Corporation
• SKF Group
• Schaeffler Group
• Timken Company
• THK CO., Ltd.
• MinebeaMitsumi Inc.
• RBC Bearings Inc
• ElringKlinger AG
• Kashima Bearings
• Boston Gear LLC
Plain Bearing Market Analysis by Category
By Type:
• Journal
• Linear
• Thrust
• Angular Contact
• Others
By End Use:
• Construction Industry
• Automotive
• Industrial
• Aerospace
• Energy
• Agriculture & Gardening Equipment
• Oilfield Machinery
• Office Product
• Others
By Region:
• North America
• Latin America
• East Asia
• South Asia and Pacific
• Western Europe
• Eastern Europe
• Central Asia
• Russia and Belarus
• Balkan and Baltics Countries
• Middle East and Africa
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Explore FMI's related ongoing Coverage in Automotive Domain:
Automotive ADAS Market:https://www.futuremarketinsights.com/reports/adas-market
Front Collision Warning Market:https://www.futuremarketinsights.com/reports/front-collision-warning-market
Lane Departure Warning (LDW) Market:https://www.futuremarketinsights.com/reports/lane-departure-warning-ldw-market
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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