The global demand for Aerospace Bearings Market is presumed to reach the market size of nearly USD 16.54 BN by 2030 from USD 8.3 BN in 2022 with a CAGR of 9% under the study period 2023 - 2030.
An Aerospace Bearing is a component utilized in automobiles to reduce load and friction between moving or rotating parts. Aerospace bearings lower axial and radial loads while increasing fuel efficiency. Aerospace Bearings also minimize aeroplane maintenance costs. Several types of bearings, like roller bearings, ball bearings, and plain bearings, are employed for various applications. All aircraft, including narrow-body planes, wide-body planes, freighters, and regional jets, use aerospace bearings. A bearing's principal function in an aeroplane is to lessen the radial and axial force that is applied directly to shafts. Aerospace bearings also allow for trouble-free movement of doors, seats, flight control components and engine management systems.
Market Dynamics
The global aerospace bearing market is gaining traction because of the increasing use of bearing products in various end-use industries, rolling mills, and aircraft. Technological advancements have increased the overall efficiency of bearing goods in the aviation industry and their shelf life. Furthermore, factors like an increased focus on vehicle weight reduction, growth of the global space industry & technical advances, and focus on the green aerospace sector & its impact on the bearing supply chain contribute to the market's growth. Factors like the expansion of the urban air mobility (UAM) platform, the appearance of sensor bearing units, and the advancement of additive manufacturing methods and materials for bearing manufacturing are likely to supplement the market growth in the future. However, constraints like high raw material costs, rising operational costs, seasonal serviceability, and delays in gaining accreditations limit the market's global expansion.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of aerospace bearings. The growth and trends of aerospace bearings industry provide a holistic approach to this study.
Market Segmentation
This section of the aerospace bearings market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Material
By Application
By Platform
By Sales Channel
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Aerospace Bearings market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Aerospace Bearings Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Aerospace Bearings market include Kaman Corporation, SKF, JTEKT Corporation, Schaeffler AG, The Timken Company, NSK Ltd., NTN, C&U, ZWZ, LYC, Minebea, NACHI, GGB (EnPro Industries). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . AEROSPACE BEARINGS – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By Material
3.7.3 Market Attractiveness Analysis By Application
3.7.4 Market Attractiveness Analysis By Platform
3.7.5 Market Attractiveness Analysis By Sales Channel
3.7.6 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL AEROSPACE BEARINGS MARKET ANALYSIS BY TYPE
5.1 Overview by Type
5.2 Historical and Forecast Data
5.3 Analysis by Type
5.4 Ball Bearings Historic and Forecast Sales by Regions
5.5 Tapered Roller Bearings Historic and Forecast Sales by Regions
5.6 Cylindrical Roller Bearings Historic and Forecast Sales by Regions
5.7 Spherical Bearings Historic and Forecast Sales by Regions
5.8 Plain Bearings Historic and Forecast Sales by Regions
6 . GLOBAL AEROSPACE BEARINGS MARKET ANALYSIS BY MATERIAL
6.1 Overview by Material
6.2 Historical and Foreca ...
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