Press Release
Plain Bearing Market to Reach USD 1.91 Billion by 2035: Global Data Route Analytics
Pune, January 2, 2026 — Global Data Route Analytics, a leading market research and consulting firm, has released its latest analysis on the Global Plain Bearing Market, projecting robust growth from USD 1.19 billion in 2024 to over USD 1.91 billion by 2035. This strong upward trajectory is underpinned by a steady compound annual growth rate (CAGR) of 6.2%, fueled by increasing industrial automation and rising applications in automotive, aerospace, and heavy machinery sectors.
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Plain bearings, known for their cost-effectiveness, reliability, and low maintenance, are gaining prominence across diverse industries. From sleeve bearings used in high-load equipment to advanced composites serving the aerospace sector, the market’s diversification is helping it capture a broader industrial footprint.
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Market Segmentation Highlights:
- By Type: Sleeve Bearings, Flange Bearings, Thrust Bearings, Ball Bearings, Others
- By Material: Bronze, Steel, Plastic, Composite, Others
- By Application: Automotive, Aerospace & Defense, Industrial Machinery, Construction Equipment, Electrical & Electronics
- By End-Use Industry: Automotive & Transportation, Manufacturing, Energy & Power, Marine, Agriculture
- By Region: North America, Europe, Asia-Pacific, Middle East & Africa, South America
North America remains a dominant market, led by the United States, while Germany, China, and India are emerging as major contributors to demand in Europe and Asia-Pacific respectively. Innovations in bearing design, material improvements, and increased integration of IoT in machinery are pushing new growth frontiers.
Key Players in the global plain bearing market include:
SKF AB, Timken Company, NSK Ltd., Schaeffler AG, RBC Bearings Inc., Igus GmbH, Kaydon Corporation, THK Co., Ltd., Koyo Bearings (JTEKT Corporation), NTN Corporation, Dodge (Baldor Electric), NTN-SNR, Waukesha Bearings, VXB Ball Bearings, and ACE Controls Inc.
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About Global Data Route Analytics:
Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.
Media Contact:
Srushti Tungar
Global Data Route Analytics