Aerospace Bearings Market Overview by Top Players Segments Demand and Forecast till 2028

The "Aerospace Bearings Market" is projected to reach US$ 6436.48 million by 2028 from US$ 4290.64 million in 2021; it is expected to grow at a CAGR of 6.5% from 2022 to 2028.

The aircraft industry has stringent requirements for the performance, weight, and quality of bearings used. These bearings must be able to withstand extreme loads, high pressure, and temperature variations during operations. Composite bearings, made of materials such as fiber-reinforced resin and plastic, offer numerous advantages such as superior mechanical properties, high strength, rigidity, enhanced safety performance, and low friction and wear, making them the preferred choice for use in the aerospace industry. As a result, the aerospace bearings market is growing.

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Companies Profiled in this report includes:

• AST Bearings
• GGB
• JTEKT Corporation
• Accurate Bushing Company
• MinebeaMitsumi Inc.
• NTN Bearing Corporation of America
• RBC Bearings Incorporated
• SKF
• Regal Rexnord Corporation
• Barden Bearings

Trelleborg Sealing Solutions, for example, introduced its Orkot C620 composite material in February 2022, specifically developed to meet the aerospace industry's demands, which can withstand the high loads and stresses of landing gear, improving fuel efficiency. Composite materials are lightweight, yet they maintain high strength properties, making them ideal for use by aircraft manufacturers, who seek to make their aircraft lighter and more fuel-efficient.

The aircraft industry has stringent requirements for the performance, weight, and quality of bearings used. These bearings must be able to withstand extreme loads, high pressure, and temperature variations during operations. Composite bearings, made of materials such as fiber-reinforced resin and plastic, offer numerous advantages such as superior mechanical properties, high strength, rigidity, enhanced safety performance, and low friction and wear, making them the preferred choice for use in the aerospace industry. As a result, the aerospace bearings market is growing. Trelleborg Sealing Solutions, for example, introduced its Orkot C620 composite material in February 2022, specifically developed to meet the aerospace industry's demands, which can withstand the high loads and stresses of landing gear, improving fuel efficiency.

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Aerospace Bearings Market Segmentation:

By Type:
• Ball Bearings
• Roller Bearings
• Needle Bearings
• Thrust Bearings

By Application:
• Aircraft Landing Gear Struts
• Hydraulic Fuel Pumps
• Flight Control System
• Others

By Material:
• Stainless Steel
• Fiber-Reinforced Composites
• Engineered Plastics

By Aircraft Type:
• Fixed Wing Aircraft
• Rotary Wing Aircraft

Composite materials are lightweight, yet they maintain high strength properties, making them ideal for use by aircraft manufacturers, who seek to make their aircraft lighter and more fuel-efficient. Additionally, composite bearings offer higher compressive strength and more consistent friction than greased bronze bearings, providing added advantages and driving the demand for aerospace composite bearings, which ultimately supports the growth of the aerospace bearings market.

COVID-19 Impact on Aerospace Bearings Market

The supply chain of raw materials has been disrupted in the Middle East & Africa aerospace bearings market, resulting in adverse effects. As a result, the timely delivery of aircraft bearings was impacted throughout the region. In 2020, due to the grounding of commercial and general aircraft, the military sector became the main contributor to the aerospace industry in the region. Despite the economic downturn, several governments continued to invest in the aerospace sector. In 2021, the Middle East & Africa aerospace industry experienced an increase in demand for new aircraft, leading to an upsurge in the requirement for aircraft bearings in the region. The supply chain disruptions in 2020 and 2021 caused delays in the delivery of aircraft bearings. However, the market players in the aircraft bearings industry in the region were able to meet the lead and delivery timeline requirements from the second quarter of 2021.

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