Railway Plain Bearing or Sliding Bearing: It is a mechanical element which comprises of bearing surface and no rolling elements, which is used to reduce friction between rotating shafts and stationary support members. It functions through a sliding action instead of the rolling action used by the ball, roller, and needle bearings. Plain bearings exhibit superior properties, such as dimensional & operational stability at high temperature and pressure, are often very inexpensive, compact, and lightweight, and have a high load-carrying capacity. The report is focused on plain bearing market for railway applications such as (engine, brakes, bogie, interior and exterior) and for railway types -diesel multiple unit, electric multiple unit, coaches, wagon, light & metro rail, and high-speed train

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.

Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.

Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.