The plain bearing market size is projected to reach US$ 14.56 billion by 2031 from US$ 9.54 billion in 2023 to register a CAGR of 5.4% during 2023–2031.
US & Canada, Oct. 23, 2024 (GLOBE NEWSWIRE) — According to a new comprehensive report from The Insight Partners, “Plain Bearing Market Size and Forecast (2021 – 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type [Spherical Bearings (Radial, Angular, and Thrust), Rod Ends (Female Thread, Male Thread, and Welding Shank), and Bushings], Application (Agriculture, Construction, Industrial Vehicles, Automotive and Transportation, Aerospace and Defense, Energy and Power, and Others), and Geography”, the global plain bearing market is observing significant growth owing to increasing need for bearing in various industrial applications. Browse Detailed Insights: https://www.theinsightpartners.com/reports/plain-bearings-market

Global Plain Bearing Market experiences growth owing to increase in demand for bearing in automotive and aerospace applications.

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The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the plain bearing market consist of different product type which is segmented into spherical bearing, rod end bearing, and bushings.