- Plain Bearing
- Roller Bearing
- Ball Bearing
- Roller Screw
- Ball Screw
Aerospace Bearings Market size was valued at USD 11,573.9 million in 2023 and is expected to grow at a CAGR of 6.3% over the forecast period. The aerospace bearings market is fuelled by several key factors such as growing aerospace industry technological advancements, rising aircraft production, maintenance and replacement needs, increased air travel, demand for lightweight components, and defense spending regulatory standards. Aerospace bearings have changed dramatically in the previous thirty years. The emphasis now is on producing technologically innovative composite materials-based bearings instead of the previous goals of making lightweight, robust, and dependable bearings. The newer generation of aeronautical bearings has extra characteristics including reduced weight and space, which allows for less noise and friction and ultimately lowers maintenance costs. These qualities would improve the bearings' efficiency and lower the likelihood of failures. Bearings that can withstand high temperatures, vibrations, and pressure differentials are required for the aircraft industry. It can be difficult to develop bearings that function consistently in these situations and may necessitate specific materials and design knowledge. These elements can hinder market expansion. Growing interest in Space Exploration in recent years, the aerospace bearings market has grown significantly due to the growing interest in space exploration and related activities.
The exploration and knowledge of space have yielded many benefits to both public and commercial sectors, including new technical developments, economic expansion, and a deeper comprehension of scientific principles. This insight has in turn led to billions of dollars being invested in programs aimed at exploring the farthest reaches of space, which has increased demand for extremely sophisticated aerospace bearings. The necessity for dependable systems in satellites and spacecraft is driving up demand for aerospace bearings, which is having an additional negative effect on market expansion. These devices have to withstand the severe environmental factors found in space, like radiation, extreme temperatures, and vacuum. As a result, companies that produce aerospace components need to come up with ways to overcome these obstacles and maintain reliable performance over long periods. The market is developing and growing as a result of this reason.
Study Period
2024-2030Base Year
2023CAGR
6.3%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The COVID-19 epidemic has had a detrimental overall effect on the spacecraft market. A slowdown in air traffic in certain parts of the world resulted in a decline in the demand for deliveries of industrial aircraft overall. As the demand for passengers rises, airlines are seeking to increase their fleets in response to the ongoing growth of the global aerospace industry. In addition, a growing number of governments and defense agencies are purchasing military aircraft in an attempt to improve their countries capacity for national security. Modern and reliable aerospace bearings are essential to the safe operation of military and commercial aircraft. Aerospace bearings are essential to the efficient movement and rotation of an aircraft's engines, landing gears, control surfaces, and rotor systems, among other parts. These demanding bearing components need to be resilient to withstand extreme conditions, like high temperatures and loads that put them under pressure while managing severe vibrations. Manufacturers of aerospace products are always developing new materials and technologies, such as composite and ceramic alternatives, that transfer energy from one shaft to another with less friction and less loss of net power production, the ball bearing and roller bearing segments are essential. Due to the similar importance of ball and roller bearings in aviation systems and components, it was anticipated that both market segments would have a large share in 2023.
By Product Type
By Material Type
By Application
The aerospace bearings market was valued at USD 11,573.9 million in 2023 and is expected to grow at a CAGR of 6.3% over the forecast period.
The aerospace bearings market is growing with aerospace industry technological advancements, rising aircraft production, maintenance and replacement needs, increased air travel, demand for lightweight components, and defence spending regulatory standards.
Development of advanced materials, increase in aircraft electrification, focus on fuel efficiency, integration of smart bearings, growth in UAV (unmanned aerial vehicles), emphasis on reliability and durability, rising adoption of 3d printing technology, expansion of aftermarket services, demand for miniaturization, enhanced bearing lubrication technologies.
GGB-bearing technology is the leading segment in the Market.
Asai-Pacific is the fastest-growing region in the aerospace bearings market.
1.Executive Summary |
2.Global Aerospace Bearings Market Introduction |
2.1.Global Aerospace Bearings Market - Taxonomy |
2.2.Global Aerospace Bearings Market - Definitions |
2.2.1.Product Type |
2.2.2.Material Type |
2.2.3.Application |
2.2.4.Region |
3.Global Aerospace Bearings Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Aerospace Bearings Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Aerospace Bearings Market By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Plain Bearing |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Roller Bearing |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Ball Bearing |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Roller Screw |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Ball Screw |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6.Global Aerospace Bearings Market By Material Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Stainless Steel |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Fiber Reinforced Composites |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Engineered Plastics |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Aluminium Alloys |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Metal Backed |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7.Global Aerospace Bearings Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Engine |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Flight Control System |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Aerostructure |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Landing Gear |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8.Global Aerospace Bearings Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Aerospace Bearings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Plain Bearing |
9.1.2.Roller Bearing |
9.1.3.Ball Bearing |
9.1.4.Roller Screw |
9.1.5.Ball Screw |
9.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Stainless Steel |
9.2.2.Fiber Reinforced Composites |
9.2.3.Engineered Plastics |
9.2.4.Aluminium Alloys |
9.2.5.Metal Backed |
9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Engine |
9.3.2.Flight Control System |
9.3.3.Aerostructure |
9.3.4.Landing Gear |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Aerospace Bearings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Plain Bearing |
10.1.2.Roller Bearing |
10.1.3.Ball Bearing |
10.1.4.Roller Screw |
10.1.5.Ball Screw |
10.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Stainless Steel |
10.2.2.Fiber Reinforced Composites |
10.2.3.Engineered Plastics |
10.2.4.Aluminium Alloys |
10.2.5.Metal Backed |
10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Engine |
10.3.2.Flight Control System |
10.3.3.Aerostructure |
10.3.4.Landing Gear |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
11.Asia Pacific (APAC) Aerospace Bearings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Plain Bearing |
11.1.2.Roller Bearing |
11.1.3.Ball Bearing |
11.1.4.Roller Screw |
11.1.5.Ball Screw |
11.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Stainless Steel |
11.2.2.Fiber Reinforced Composites |
11.2.3.Engineered Plastics |
11.2.4.Aluminium Alloys |
11.2.5.Metal Backed |
11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Engine |
11.3.2.Flight Control System |
11.3.3.Aerostructure |
11.3.4.Landing Gear |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Aerospace Bearings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Plain Bearing |
12.1.2.Roller Bearing |
12.1.3.Ball Bearing |
12.1.4.Roller Screw |
12.1.5.Ball Screw |
12.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Stainless Steel |
12.2.2.Fiber Reinforced Composites |
12.2.3.Engineered Plastics |
12.2.4.Aluminium Alloys |
12.2.5.Metal Backed |
12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Engine |
12.3.2.Flight Control System |
12.3.3.Aerostructure |
12.3.4.Landing Gear |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Aerospace Bearings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Plain Bearing |
13.1.2.Roller Bearing |
13.1.3.Ball Bearing |
13.1.4.Roller Screw |
13.1.5.Ball Screw |
13.2. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Stainless Steel |
13.2.2.Fiber Reinforced Composites |
13.2.3.Engineered Plastics |
13.2.4.Aluminium Alloys |
13.2.5.Metal Backed |
13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Engine |
13.3.2.Flight Control System |
13.3.3.Aerostructure |
13.3.4.Landing Gear |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.AST Bearings |
14.2.2.Aurora Bearings |
14.2.3.GGB Bearings Technology |
14.2.4.JTEKT |
14.2.5.Kaman Specialty Bearings |
14.2.6.National Precision Bearings |
14.2.7.New Hampshire Ball Bearings |
14.2.8.August Steinmeyer GmbH & Co. KG |
14.2.9.UMBRAGROUP |
14.2.10.Kugel Aerospace & Defence |
14.2.11.Thomson Industries, Inc. |
14.2.12.Beaver Aerospace & Defence, Inc. |
15. Research Methodology |
16. Appendix and Abbreviations |