The consolidated plain bearings market is led by NSK Ltd., JTEKT Corp., NTN Corp., The Timken Company, SKF Group, and Schaeffler Group. These companies jointly accounted for a share of over 40% in 2015, with SKF leading the pack. Transparency Market Research has observed that these players have been focusing on new product development in order to meet the growing needs of their customers. For instance, SKF developed new spherical roller bearings in April 2014 with superior performance and lower maintenance costs. Plain Bearing Market: Snapshot The plain bearing market has been growing at a steady pace due to the increasing demand for motor vehicles, oilfield machinery, and construction work. A wide range of equipment used in the energy, aerospace, railways, automotive, farm and gardening, construction, and oilfield sectors make extensive use of plain bearings. The primary factor driving the growth of the global plain bearing market is the growing dema...