Aerospace Bearings Market - By Type (Ball Bearings, Tapered Roller Bearings, Cylindrical Roller Bearings, Spherical Bearings, Plain Bearings), By Material, By Platform, By Application, By Sales Channel, Forecast 2022 – 2032
Published Date: February - 2025 | Publisher: MRA | No of Pages: 240 | Industry: Aerospace | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAerospace Bearings Market - By Type (Ball Bearings, Tapered Roller Bearings, Cylindrical Roller Bearings, Spherical Bearings, Plain Bearings), By Material, By Platform, By Application, By Sales Channel, Forecast 2022 – 2032
Aerospace Bearings Market - By Type (Ball Bearings, Tapered Roller Bearings, Cylindrical Roller Bearings, Spherical Bearings, Plain Bearings), By Material, By Platform, By Application, By Sales Channel, Forecast 2022 – 2032
Aerospace Bearings Market Size
Aerospace Bearings Market size was valued at USD 7.3 billion in 2022 and is anticipated to grow at a CAGR of over 8% between 2023 and 2032. Increasing demand for space exploration will accelerate the global market demand.
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As the world strives for greener skies, the development of electric and hybrid aircraft is taking off. These innovative aircraft rely on electric propulsion systems, which require specialized aerospace bearings to keep everything running smoothly. These bearings aren't your average hardware store variety. They're lightweight and efficient, designed to help reduce the overall weight of the aircraft. Why does weight matter? Because lighter planes use less energy to fly, making them more efficient and giving them a longer range. Electric motors, the heart of these aircraft, generate heat when they're working hard. Too much heat can hurt the bearings, so engineers have to build in ways to manage the temperature. By keeping the bearings within a safe range, they ensure consistent performance and prevent any nasty surprises. So, as the race towards sustainable aviation continues, these specialized aerospace bearings are playing a crucial role in making electric and hybrid aircraft a reality. They're the unsung heroes, helping to create a cleaner, more efficient way to fly.
Aerospace Bearings refers to a specialized component designed to enable relative motion between moving parts while reducing friction and supporting loads. These Bearings play a critical role in ensuring the smooth and efficient operation of various aerospace systems including aircraft, spacecraft & satellites.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Aerospace Bearings Market Size in 2022 | USD 7.3 Billion |
| Forecast Period | 2022 to 2032 |
| Forecast Period 2022 to 2032 CAGR | 8% |
| 2032 Value Projection | USD 15 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 200 |
| Tables, Charts & Figures | 394 |
| Segments covered | Type, Material, Application, Platform, Sales Channel |
| Growth Drivers |
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| Pitfalls & Challenges |
|
What are the growth opportunities in this market?
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The aerospace sector demands Bearings that operate in extreme conditions including high temperatures, vibrations, and pressure differentials. Developing Bearings that perform consistently under these conditions can be technically challenging and may require specialized materials & design expertise. Such factors can hinder market growth.
COVID-19 Impact
The COVID-19 pandemic shook the world, and the aerospace industry was no exception. The way we travel was turned upside down, and that had a big impact on the companies that make those sleek airplanes soar. First, the supply chain was thrown into chaos. Parts couldn't get where they needed to go smoothly, which made it tough for factories to keep churning out aircraft. And with fewer people flying, airlines had to park their planes, which meant a lot less need for new ones. This domino effect hit the aerospace bearing industry hard. New planes need new bearings, and old planes need maintenance, so when the planes stopped flying, the need for bearings did too. It was a tough time for the industry. But not all hope was lost. While the commercial aviation industry was struggling, other areas like cargo transport and defense held steady. That meant there was still some demand for aerospace bearings, just different types than before. The industry had to adapt quickly to keep up with the changing needs.
Aerospace Bearings Market Trends
Aerospace technology is getting sleeker and better integrated, and the bearings used in these systems are following suit. Engineers are designing bearings that are smaller and more efficient, so they can fit into the tight spaces of small satellites, drones, and other unmanned aircraft. This is important because it helps these vehicles carry more payload, move around more easily, and work better overall. As these smaller aircraft become more common, the need for smaller, more powerful bearings will only grow. The bearing industry is responding to this demand by developing new technologies that make bearings more compact and robust. This is helping to make aerospace technology even more efficient and effective.
Aerospace Bearings Market Analysis
Learn more about the key segments shaping this market
Based on material, the aerospace bearings market is segmented into stainless steel, aluminum alloys, metal polymer & engineered plastic, fiber reinforced composites and ceramic. The metal polymer & engineered plastic segment was valued at over USD 850 million in 2022 and is expected to grow at a lucrative pace through 2032. The self-lubricating nature of metal polymer & engineered plastic Bearings eliminates the need for external lubrication. This characteristic reduces maintenance requirements, extends Bearings lifespan, and enhances operational efficiency, making them an attractive choice for aerospace applications.
Engineered plastics and metal-polymer composites offer excellent corrosion resistance, a crucial feature for aerospace systems that operate in diverse & challenging environments. This resistance enhances the durability & reliability of Bearings, especially in applications exposed to moisture, chemicals, and extreme temperatures. Growth in emerging technologies, such as drones, urban air mobility vehicles & small satellites, drives the demand for compact, lightweight, and efficient components. Metal polymer and engineered plastic Bearings align well with the requirements of these innovative aerospace platforms.
Learn more about the key segments shaping this market
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Aerospace bearings come in various typesball, tapered roller, cylindrical roller, spherical, and plain. Among these, ball bearings have been shining bright in the market. In 2022, they were growing at a rate of over 8.5% per year, and that's not expected to slow down until 2032. Ball bearings are like the tiny superheroes of the aerospace world. They're designed to make sure things spin smoothly and easily. They've got three main partsan outer ring, an inner ring, and a bunch of tiny balls (called rolling elements) that are kept in place by a cage. These ball bearings are like the backbone of aerospace machines because they reduce friction and make everything move with precision and durability.
The aerospace industry's focus on reducing fuel consumption and emissions is leading to the development of more fuel-efficient aircraft. Ball Bearings that offer low friction and efficient rotation play a role in achieving these goals by minimizing energy losses. The global demand for air travel has been consistently growing, driven by factors such as rising disposable incomes, increased tourism, and globalization. This growth in air travel leads to higher production rates of aircraft, directly increasing the demand for aerospace ball Bearings.
Looking for region specific data?
North America has been a powerhouse in space exploration, thanks to organizations like NASA and innovative private companies. Bearings, those crucial components that keep everything rotating smoothly, play a vital role in the success of space missions. The region's burly defense budget also plays a part, fueling demand for Bearings in military aircraft, drones, and defense systems. Not just outer space, North America's skies are also busy with airplanes. Airlines have a thing for Bearings too, ensuring their planes are in tip-top shape. And let's not forget the major players in the aerospace industry, like Boeing and Lockheed Martin, who keep the demand for Bearings humming. But it's not just about the hardware. North America is a hub for collaboration between aerospace companies, Bearings manufacturers, and brainy research institutions. Together, they're pushing the boundaries of Bearing technology, creating solutions that are out of this world.
Aerospace Bearings Market Share
The aerospace bearings market is highly competitive owing to the presence of key players such as
- Kaman Corporation
- SKF
- JTEKT Corporation
- Schaeffler AG
- The Timken Company
- NSK Ltd.
- NTN
- C&U
- ZWZ
- LYC
- Minebea
- NACHi
- GGB (EnPro Industries)
Increasing investments in facility centers & acquisitions by industry participants are expected to expand their foothold in the commercial industry. Similarly, significant investments in R&D to gain technological competitiveness and aggressive business strategies, such as technological launches, collaborations & long-term agreements, to capture market shares are positively impacting the aerospace bearings industry.
Aerospace Bearings Industry News
- In May 2022, Rolls Royce entered a 12-year rolling Bearings deal with Schaeffler. Rolls-Royce will secure the rolling Bearings supply chain until 2035 with Schaeffler’s reliable products & leading manufacturing technologies. In contrast, Schaeffler will support Rolls-Royce with innovative products, R&D excellence, and state-of-the-art manufacturing. The primary focus of this cooperation is on rolling Bearings systems for aircraft engines in business aviation and widebody aircraft growth areas.
The aerospace Bearings market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments
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By Type
- Ball Bearings
- Tapered roller Bearings
- cylindrical roller Bearings
- Spherical Bearings
- Plain Bearings
By Material
- Stainless steel
- Aluminum alloys
- Metal polymer & engineered plastic
- Fiber reinforced composites
- Ceramic
- Others
By Application
- Landing gear
- Engine components
- Doors & interiors
- Flight control systems
- Cockpit controls
- Aerostructure
- Others
By Platform
- Fixed wing
- Narrow body
- Wide body
- Regional jets
- Fighter jets
- Rotary wing
- Helicopters
By Sales Channel
- OEM
- Aftermarket
Table of Content
Report content
Chapter 1 Methodology & scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation.
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources.
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Aerospace bearings market 3600 synopsis, 2018 - 2032
2.2 Business trends
2.2.1 Total addressable market (tam)
2.3 Regional trends
2.4 Type trends
2.5 Material trends
2.6 Application trends
2.7 Platform trends
Chapter 3 Aerospace Bearings Market Insights
3.1 Impact on covid-19
3.2 Russia- Ukraine war impact
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Type & innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Cost structure analysis
3.10 Regulatory landscape
3.11 Impact forces
3.11.1 Growth drivers
3.11.1.1 Stringent regulations and safety standards
3.11.1.2 Globalization of aerospace supply chains
3.11.1.3 Increasing demand for space exploration
3.11.1.4 Growing defense expenditures
3.11.2 Industry pitfalls & challenges
3.11.2.1 Slow certification processes
3.11.2.2 High R&D costs
3.12 Growth potential analysis
3.13 Porter’s analysis
3.14 Pestel analysis
Chapter 4 Competitive landscape, 2022
4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022
Chapter 5 Aerospace Bearings Market, By Type Market Estimates & Forecasts, 2018-2032, USD Million
5.1 Key trends, by type.
5.2 Ball bearing
5.3 Tapered roller bearing
5.4 Cylindrical roller bearing
5.5 Spherical bearing
5.6 Plain bearing
Chapter 6 Aerospace Bearings Market, By Material Market Estimates & Forecasts, 2018-2032, USD Million
6.1 Key trends, by material
6.2 Stainless steel
6.3 Aluminum alloys
6.4 Metal polymer & engineered plastic
6.5 Fiber reinforced composites
6.6 Ceramic
Chapter 7 Aerospace Bearings Market, By Application Market Estimates & Forecasts, 2018-2032, USD Million
7.1 Key trends, by application
7.2 Landing gear
7.3 Engine components
7.4 Doors & interiors
7.5 Flight control systems
7.6 Cockpit controls
7.7 Aerostructure
Chapter 8 Aerospace Bearings Market, By Platform Market Estimates & Forecasts, 2018-2032, USD Million
8.1 Key trends, by platform
8.2 Fixed wing
8.3 Narrow body
8.4 Wide body
8.5 Regional jets
8.6 Fighter jets
8.7 Rotary wing
8.8 Helicopters
Chapter 9 Aerospace Bearings Market, By Sales Channel Market Estimates & Forecasts, 2018-2032, USD Million
9.1 Key trends, by sales channel
9.2 Aftermarket
9.3 OEM
Chapter 10 Aerospace Bearings Market, By Region Market Estimates & Forecasts, 2018-2032, USD Million
10.1 Key trends, by region
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.4 Asia pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Australia
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Argentina
10.6 Israel
10.6.1 UAE
10.6.2 Turkey
10.6.3 Saudi Arabia
10.6.4 UAE
10.6.5 Israel
10.6.6 Iran
Chapter 11 Company profiles
11.1 Aisin Seiki
11.2 Aptiv Plc
11.3 Continental Ag
11.4 Kaman Corporation
11.5 Skf, Jtekt Corporation
11.6 Schaeffler Ag
11.7 The Timken Company
11.8 Nsk Ltd.
11.9 Ntn
11.10 C&U
11.11 Zwz
11.12 Lyc, Minebea
11.13 Nachi
11.14 Ggb (Enpro Industries)
- Kaman Corporation
- SKF
- JTEKT Corporation
- Schaeffler AG
- The Timken Company
- NSK Ltd.
- NTN
- C&U
- ZWZ
- LYC
- Minebea
- NACHi
- GGB (EnPro Industries)
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