Global Plain Bearings
Through 2025, global demand for plain bearings is forecast to advance more than 5% per year, recovering from the poor 2015-2020 performance. In the near term, the COVID-19 pandemic will continue to restrain manufacturing activity around the world, and this will dampen the use of plain bearings.
However, durable goods production – in particular, motor vehicles and aerospace equipment – is expected to rebound during the second part of the 2020-2025, fueling the global plain bearings market recovery. The large machinery end use market for plain bearings is expected to post the largest gains through 2025 as the use of heavy and industrial equipment, and other types of machinery rebounds. Surging e-bike production, together with a recovery in ICE motorcycle, scooter, and moped output from lows reached in 2020 will also provide impetus for growth. Finally, aftermarket demand for plain bearings is also expected to pick up as restrictions on the movement of people are lifted, international travel recovers, and global economic activity grows.
The following markets are covered in this study:
Machinery
Motor Vehicles
Motorcycles
Aerospace Equipment
Other Markets
Data is provided for the following nations in the following regions:
North America (US, Canada, and Mexico broken out)
Central & South America (regional only)
Western Europe (regional only)
Eastern Europe (regional only)
Asia/Pacific (China, Japan, India, ASEAN, other Asia/Pacific)
Africa/Mideast (regional only)
Scope of the Report
This report covers the scope, size, and growth of the global plain bearings market, including demand by market. Historical figures are provided for 2010, 2015, and 2020 with forecasts for 2025 and 2030. Demand and demand by product type presented in millions of dollars. Historical bearings demand is also provided for all countries. The study also covers the global bearings industry competitive environment and provides market share for the leading suppliers.
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