Aerospace Bearings Market Size, Share, Growth, Trends, and Industry Analysis: By Product Type (Plain Bearing, Roller Bearing, Ball Bearing, Roller Screw, and Ball Screw), By Material Type (Stainless Steel, Fiber Reinforced Composites, Engineered Plastics, Aluminium Alloys, and Metal Backed), By Application Type (Engine, Flight Control System, Aerostructure, and Landing Gear), and Region

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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. 

Aerospace Bearings Market Key Developments:

  • In September 2022: The Timken Company, a global leader in engineered bearings and industrial motion products, purchased GGB Bearing Technology (GGB), a branch of Enpro Industries, including exclusive talks for GGB’s French business.
  • In February 2020: Kaman Air Vehicles, a division of Kaman Corporation signed a strategic distribution agreement with the exclusive rights to market its spare parts in the U.A.E. Trust International is a key supplier of premium solutions to the U.A.E. Armed Forces and security establishment.

Aerospace Bearings Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.3%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Aerospace Bearings Market Dynamics

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.

Aerospace Bearings Market Segmentation

By Product Type

  • Plain Bearing
  • Roller Bearing
  • Ball Bearing
  • Roller Screw
  • Ball Screw

By Material Type

  • Stainless Steel
  • Fiber Reinforced Composites
  • Engineered Plastics
  • Aluminium Alloys
  • Metal Backed

By Application

  • Engine
  • Flight Control System
  • Aerostructure
  • Landing Gear

Frequently Asked Questions

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.

Key Features of the Report

  • The aerospace bearings market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
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 
  • AST Bearings
  • Aurora Bearings
  • GGB Bearings Technology
  • JTEKT
  • Kaman Specialty Bearings
  • National Precision Bearings
  • New Hampshire Ball Bearings
  • August Steinmeyer GmbH & Co. KG
  • UMBRAGROUP
  • Kugel Aerospace & Defence
  • Thomson Industries, Inc.
  • Beaver Aerospace & Defence, Inc.

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