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Aerospace Bearings Market Trends

  • Report ID: GMI5163
  • Published Date: Aug 2023
  • Report Format: PDF

Aerospace Bearings Market Trends

The trend of miniaturization and integration is reshaping the aerospace bearings industry landscape as aerospace systems increasingly demand compactness and seamless integration. Bearings are being meticulously designed to occupy reduced spaces while upholding their load-Bearings prowess, thereby aligning with the specific requirements of small satellites, drones, and Unmanned Aerial Vehicles (UAVs). This trend is driven by the need to optimize payload capacities, enhance maneuverability, and maximize performance efficiency within limited dimensions, thereby revolutionizing how Bearings contribute to the evolution of modern aerospace technologies. As small satellites, drones, and UAVs continue to develop, the adaptation of compact yet robust Bearings showcases the industry's commitment to achieving higher levels of functionality in constrained spaces.

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

Market size for aerospace bearings was valued at USD 7.3 billion in 2022 and is anticipated to grow at a CAGR of over 8% between 2023 and 2032, backed by the development of electric & hybrid aircraft for greener and more sustainable aviation solutions.

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, owing to the self-lubricating nature of metal polymer & engineered plastic bearings that eliminates the need for external lubrication.

Demand for ball bearings is estimated to cross USD 650 million through 2027, owing to increasing adoption in commercial and defense aircraft that operate under large temperature ranges.

Kaman Corporation, SKF, JTEKT Corporation, Schaeffler AG, The Timken Company, NSK Ltd., NTN, C&U, ZWZ, LYC, Minebea, NACHi, GGB (EnPro Industries).

Aerospace Bearings Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 394
  • Countries covered: 21
  • Pages: 200
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