Challenging environments in aviation, automotive, electric power, and various industrial sectors are increasing industry and technological demands, resulting in machine damage and energy loss from friction and wear between interacting surfaces. Addressing this issue requires the development of new and advanced materials, processing techniques, and surface modification methods to enhance performance and reduce friction and wear. Plasma spraying technology is essential for material surface reinforcement and modification because of its low cost and stability. This paper reviews and summarizes the research progress on plasma spraying wear-resistant coating material systems and tribological mechanisms, covering the working process and principles of plasma spraying equipment. It also details wear-resistant coating material systems, including iron-based, nickel-based, copper-based, other metal materials, oxides, and monoxide ceramic materials.Furthermore, it addresses the wear-resistant and friction-reduction mechanisms of wear-resistant coatings, aiming to summarize the tribological strengthening mechanism concerning wear resistance and friction reduction. Moreover, this paper covers aspects such as powder design, sealing treatment, laser remelting, and other methods for regulating the wear resistance of coatings, examining their influence on the wear resistance of coatings in material design, spraying process, and post-spraying treatment. Plasma spraying wear-resistant coatings should be used along with doping modification and other methods to study the new spraying materials; furthermore, the optimization of the spraying process and post-treatment methods should be investigated to prepare a wear-resistant coating that meets the performance of the actual working conditions. At the same time, ultrahigh temperature wear-resistant coatings and super lubricating coatings are also future research priorities. In addition, when comparing plasma transfer arc spraying technology and plasma enhanced high-speed arc spraying technology with plasma non-transfer arc spraying technology, the jet temperature is higher, and the cost is lower; however, since the process is still in its infancy, the follow-up should be strengthened in this area of technical research. This paper provides a theoretical basis and reference for researching plasma spraying wear-resistant coatings in various fields.