DUBLIN , May 26, 2022 /PRNewswire/ -- The "Plain Bearing Market by Type, End-Use Industry (Automotive, Industrial, Aerospace, Energy, Construction Machinery, Agricultural & Gardening Equipment, Oilfield Machinery, Office Products) and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The global plain bearing market size is estimated at USD 10.0 billion in 2021 and is projected to reach USD 13.0 billion by 2026, at a CAGR of 5.2% between 2021 and 2026.
The market is propelled by the growth of various end-use industries. Increasing investments in infrastructure, new industrial projects, and the development of heavy machinery in China , India , the US, Germany , and Brazil have also boosted market growth. Journal as type is anticipated to grow at the highest CAGR during the forecast period The journal type segment contributed the largest share to the global plain bearing market in 2020; this segment is projected to grow at the highest CAGR from 2021 to 2026. This growth is mainly attributed to the increasing demand for journal bearings from varied end-use industries such as automobile, aerospace, construction machinery, and energy. In addition, journal bearings have properties such as excellent strength and shock resistance. There is no rolling element in these bearings. These bearings work efficiently in heavily loaded systems, wherein sufficient clearance and lubrication is provided. Industrial as an end use industry of plain bearings is projected to grow at the highest CAGR during the forecast period The Industrial industry as an end-use industry is projected to grow at the highest CAGR during the forecast period, due to rapid industrialization in emerging economies India and China in the Asia Pacific region. Plain bearings are used industrial industry in cleaning equipment, chlorine systems, film processing systems, fuel handling systems, oxygen systems, and chemical processing equipment. Asia-Pacific is projected to grow at the highest CAGR during the forecast period Increasing demand for plain bearings from the rapidly growing end-use industries such as automotive, aerospace, construction machinery, and energy in the Asia Pacific region is one of the major factors responsible for the highest share and CAGR of this region. The plain bearing market in Asia-Pacific is driven by the increased foreign investments, and low labor costs. The end-use industries of plain bearings, such as automotive, construction machinery, and energy, are growing in emerging countries such as China , India and Thailand , which play an important role in driving the market. Key Topics Covered: 1 Introduction 2 Research Methodology
3 Executive Summary 4 Premium Insights 4.1 Attractive Opportunities in Plain Bearing Market 4.2 Plain Bearing Market, by Type 4.3 Asia-Pacific Plain Bearing Market, by End-Use Industry & Country 4.4 Plain Bearing Market, by Major Countries
5 Market Overview 5.1 Market Dynamics 5.1.1 Drivers 5.1.1.1 Rising Demand for Plain Bearings from End-Use Industries 5.1.1.2 Cost-Effective Production of Plain Bearings in Asia-Pacific 5.1.2 Restraints 5.1.2.1 Volatility in Prices of Raw Materials 5.1.3 Opportunities 5.1.3.1 Growth Prospects in Emerging Economies 5.1.3.2 Development of Smart Bearing Technology 5.1.3.3 Applications in Renewable Energy Sector 5.1.4 Challenges 5.1.4.1 Increasing Number of Counterfeit Bearings 5.1.4.2 Supply Chain, Trade, and Economic Disruptions Due to COVID-19 Pandemic 5.2 Porter's Five Forces 5.3 Value Chain Analysis 5.4 Ecosystem Market Map 5.5 Trends/Disruptions Impacting Customers' Businesses 5.6 Regulatory Landscape 5.7 Case Study Analysis 5.8 Technology Trends 5.9 Impact Analysis of COVID-19 5.9.1 COVID-19 Health Assessment 5.9.2 Effects on GDPs of Countries 5.9.3 Impact on Plain Bearing Market 5.10 Patent Analysis 5.10.1 Introduction 5.10.2 Insights 5.11 Top Patent Holders
6 Plain Bearing Market, by Type 6.1 Introduction 6.2 Journal Plain Bearing 6.2.1 Most Common and In-Demand Plain Bearing 6.3 Linear Plain Bearing 6.3.1 High Static Load Bearing Capacity Drives Demand from Automotive, Industrial, Aerospace, and Energy End-Use Industries 6.4 Thrust Plain Bearing 6.4.1 Used in Machinery & Equipment to Control Axial Loads 6.5 Angular Contact Plain Bearing 6.5.1 High Demand Due to Resistance to High Thrust, Impact, and Radial Loads 6.6 Others
7 Plain Bearing Market, by End-Use Industry 7.1 Introduction 7.2 Automotive 7.2.1 Automotive Segment Accounts for Highest Consumption of Plain Bearings 7.3 Industrial 7.3.1 Fastest-Growing End-Use Industry 7.4 Aerospace 7.4.1 Asia-Pacific to Lead Demand During Forecast Period 7.5 Energy 7.5.1 Renewable Energy Segment Offers Lucrative Growth Opportunities 7.6 Construction Machinery 7.6.1 Middle East & Africa Region Expected to Witness High Demand for Plain Bearings Used in Construction Machinery 7.7 Agricultural & Gardening Equipment 7.7.1 Agrarian Countries Expected to Stimulate Market Demand 7.8 Oilfield Machinery 7.8.1 Increasing Demand for Oil & Downstream Products to Drive Market 7.9 Office Products 7.9.1 Rise in Remote Working Expected to Drive Market 7.10 Others
8 Plain Bearing Market, by Region
9 Competitive Landscape 9.1 Overview 9.2 Key Player Strategies 9.3 Revenue Analysis 9.3.1 Revenue Analysis of Top Players in Plain Bearing Market 9.4 Market Share Analysis: Plain Bearing Market (2020) 9.4.1 Ntn Corporation 9.4.2 Nsk Ltd. 9.4.3 Timken Company 9.4.4 Skf Group 9.4.5 Schaeffler Technologies AG & Co. Kg 9.5 Competitive Landscape Mapping, 2020 9.5.1 Star 9.5.2 Emerging Leaders 9.5.3 Pervasive 9.5.4 Participants 9.6 Competitive Benchmarking 9.6.1 Strength of Product Portfolio 9.6.2 Business Strategy Excellence 9.7 Sme Matrix, 2020 9.7.1 Progressive Companies 9.7.2 Dynamic Companies 9.7.3 Responsive Companies 9.7.4 Starting Blocks 9.8 Key Market Developments
10 Company Profiles 10.1 Ntn Corporation 10.2 Skf Group 10.3 Schaeffler Group 10.4 Timken Company 10.5 Thk Co. Ltd. 10.6 Nsk Ltd. 10.7 Minebeamitsumi Inc. 10.8 Rbc Bearings Incorporated 10.9 Sgl Carbon 10.10 Elringklinger Ag 10.11 Ggb 10.12 IgUS 10.13 Kashima Bearings, Inc. 10.14 Boston Gear LLC 10.15 Thomson Industries, Inc. 10.16 Zollern GmbH & Co. Kg 10.17 Pbc Linear 10.18 Ggt Gleitlager Ag 10.19 Midwest Control Products Corp. 10.2 Accurate Bushing Company 10.21 Aec 10.22 Chiavette Unificate S.P.A 10.23 Hepcomotion 10.24 Alloy Bearings 10.25 Kingsbury, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/yjlfaf
Research and Markets Laura Wood , Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716
View original content:https://www.prnewswire.com/news-releases/global-plain-bearing-market-2021-to-2026---development-of-smart-bearing-technology-presents-opportunities-301556043.html
The Dow Jones rallied amid encouraging inflation data. Tesla stock jumped even as CEO Elon Musk issued a warning. Apple stock surged.
As of 12:24 p.m. ET, Aurora shares were still down 38.8%. At the same time, Tilray (NASDAQ: TLRY) shares were down 3.6%, and Hexo (NASDAQ: HEXO) stock was down 5.3%. The plunge in Aurora shares comes as existing shareholders react to a new round of financing that the company said will bring $150 million to the company.
Shares of Moderna (NASDAQ: MRNA) were jumping 7.5% higher as of 11:30 a.m. ET on Friday. Instead, Moderna appears to be benefiting from the overall stock market bounce. Good news for the overall stock market tends to be good news for Moderna.
Stop investing in mediocre businesses. Buy the best, instead.
Julian Bridgen, co-founder and president of Macro Intelligence 2 Partners, joins Yahoo Finance Live to discuss this week's market action and whether or not it will carry over into next week, the Fed, and inflation.
Stock splits have been all the rage in recent years, fueled by surging stock prices of some of the world's most recognizable companies. Worse still, the tech-heavy Nasdaq has tumbled into bear market territory, down roughly 27% from its high reached late last year. Read on to find out why they picked Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), and Shopify (NYSE: SHOP) from among the recent stock-split candidates.
In this article, we discuss the 10 stocks that Jim Cramer and hedge funds agree on. If you want to read about some more stocks that Jim Cramer and hedge funds agree on, go directly to Jim Cramer and Hedge Funds Agree on These 5 Stocks. In the past few weeks, Jim Cramer, the journalist […]
Despite all the attention that renewable energy companies get, having operations in the renewable energy space alone does not make a stock a buy. In fact, several renewable energy companies are struggling just to stay profitable. Let's discuss two renewable energy stocks that look attractive right now, and one that's best avoided.
Shareholders in Amazon (NASDAQ: AMZN) beat a rising market on Friday morning, with shares gaining 3% by 10:45 a.m. ET compared to a 1.4% boost in the S&P 500. The rally was powered by a brightening outlook around economic growth and consumer spending. A major factor driving Amazon's stock higher on Friday was the boost in the wider tech world.
Ulta shares are up after its big Q1 earnings beat, Aurora Cannabis increased its finance deal to $150 million, and Blackberry stock is surging after news of its partnership with Google.
Shares of Dutch Bros (NYSE: BROS) are rocketing higher this week, surging 34.1% compared to where they closed last Friday, according to data from S&P Global Market Intelligence, riding a meme stock wave of buying. After it was reported that short interest in the coffee shop shot up almost 30% in the latest period, stock traders who populate various internet stock chat rooms piled into the stock. Meme stocks, of course, are stocks that trade more on social media chatter than on business fundamentals, though in Dutch Bros' case the underlying business is pretty good, too.
Shares of CrowdStrike (NASDAQ: CRWD), MongoDB (NASDAQ: MDB), and Datadog (NASDAQ: DDOG) all spiked on Friday, up 5.5%, 6.3%, and 7.2%, respectively, as of 1:22 p.m. EDT. The PCE differs from the Consumer Price Index (CPI) released earlier this month in that it weighs certain household expenditures differently and accounts for consumers substituting goods and services for other goods and services as relative prices change.
Shares of Farfetch Limited (NYSE: FTCH), a luxury fashion e-commerce platform, spiked today after the company reported a better-than-expected loss in the first quarter. Farfetch reported an adjusted loss per share of $0.24 in the first quarter, which was down from a loss of $0.22 per share in the year-ago quarter but ahead of analysts' average estimate of a loss of $0.28 per share. "Our core business remains very strong, in spite of the macro events in China and ceasing operations in Russia, which impacted our performance and outlook," José Neves, Farfetch's founder and CEO, said in a press release.
(Bloomberg) -- Fertilizer prices that had hit records are now plunging as buyers reel from sticker shock, but that doesn’t mean the market squeeze is over. Most Read from BloombergFord Beats Tesla to the Punch With First Electric F-150 DeliveryStocks Notch Their Best Week Since November 2020: Markets WrapUkraine Latest: US Slams Putin’s Food-for-Sanctions Relief PlanZilingo’s Fired CEO Responds to Questions of Mystery PaymentsThe June spot price in Tampa, Florida for the nitrogen fertilizer ammo
In this article, we will look at 10 undervalued stocks to buy according to billionaire Leon Cooperman. If you want to skip reading about Leon Cooperman’s early life, investment philosophy, and his hedge fund’s performance, you can go directly to 5 Undervalued Stocks to Buy According to Billionaire Leon Cooperman. Leon Cooperman is an American […]
If you have $77,280 that you can afford to invest, these stocks can turn that into $400 in recurring monthly income.
Risk and reward are the yin and yang of stock trading, the two opposite but essential ingredients in every market success. And there are no stocks that better embody both sides – the risk factors and the reward potentials – than penny stocks. These equities, priced below $5 per share, typically offer high upside potentials. Even a small gain in share price – just a few cents – quickly translates into a high yield return. Of course, the risk is real, too; not every penny stock is going to show th
The cannabis company's per-share loss was almost five times as big as analysts had expected. The stock plunged in response.
Qualcomm CEO Cristiano Amon weighs in on the outlook for the semiconductor industry and his company's future.
Yahoo Finance Live anchors Julie Hyman and Jared Blikre breaks down earnings results for Costco and Big Lots.