Press release
Global Aerospace Bearings Market to Reach $14.62 Billion by 2029, Growing at 10.9% CAGR
What market dynamics are playing a key role in accelerating the growth of the aerospace bearings market?The growth of the aerospace bearings market is greatly influenced by the escalating focus on the eco-friendly aerospace sector. Emphasis is placed on advancing aircraft fuel productivity and creating innovative technologies and systems to enable an international future of carbon-neutral flight. Leading aerospace bearings manufacturers are intent on designing bearings that are fuel-effective which will incline market demand towards low-emission goods. For example, in December 2022, the International Air Transport Association, a trade group based in Canada, stated that the production of sustainable aviation fuel (SAF) is projected to swell by 200% from 2021, totaling 300 million liters in 2022. This largely depends on the utilization of hydrogen as the main power source. As such, the attention given to the eco-friendly aerospace sector is anticipated to drive the growth of the aerospace bearings market in the future.
Get Your Aerospace Bearings Market Report Here:
https://www.thebusinessresearchcompany.com/report/aerospace-bearings-global-market-report
How will the growth rate of the aerospace bearings market shape industry trends by 2034?
Recent years have seen a robust expansion in the aerospace bearings market size. The market, which is set to rise from $8.68 billion in 2024 to $9.66 billion in 2025, will enjoy a compound annual growth rate (CAGR) of 11.3%. The historical period's growth has been fueled by an aging aircraft fleet, increasing military budgets, regulatory shifts, a surge in space exploration efforts, and a heightened focus on lightweight materials.
The market for aerospace bearings is predicted to experience a swift expansion in the coming years, hitting $14.62 billion in 2029 with a compound annual growth rate (CAGR) of 10.9%. This projected growth during the forecast period is due to factors such as the development of emerging markets, cybersecurity risks, infrastructural expansion, escalating demand for new aircraft, and the increased need for UAVs. The notable trends to watch for in this period include advancements in lubrication technologies, intelligent bearings, miniaturization, sustainable bearing solutions, and condition monitoring.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5712&type=smp
What trends are poised to drive the future success of the aerospace bearings market?
Leading entities in the aerospace bearings market are prioritizing the creation of groundbreaking solutions like turbine generator bearings to improve the efficiency and dependability of aerospace uses. Turbine Generator Bearings are specialized bearings made to support the rotating parts of turbine generators, critical in various aerospace and industrial operations. For instance, NSK Ltd., a company based in Japan, introduced a new gas turbine generator bearing, specifically built for electric vertical take-off and landing (eVTOL) aircraft, including large drones, in April 2024. This unique bearing has a special lubrication mechanism that considerably cuts the lubricant supply by almost 80%, thereby extending the flight ranges of eVTOLs. The bearing can attain extraordinary speed revolution performance surpassing 2.5 million dmn and also reduces power loss by around 30% when compared to conventional jet lubrication systems. The design enables lighter oil supply scavenge pumps and lubricant tanks, thus further boosting the efficiency of eVTOL operations.
Which primary segments of the aerospace bearings market are driving growth and industry transformations?
The aerospace bearings market covered in this report is segmented -
1) By Bearing Type: Plain Bearing, Roller Bearing, Ball Bearing, Others
2) By Material: Stainless Steel, Fiber-Reinforced Composites, Engineered Plastics, Ceramics, Alloy
3) By Application: Landing Gear, Cockpit Control, Aerostructure, Aircraft Systems, Engine And APU Systems, Doors, Aircraft Interiors
Subsegments:
1) By Plain Bearing: Solid Plain Bearings, Sleeve Bearings, Journal Bearings, Thrust Bearings
2) By Roller Bearing: Cylindrical Roller Bearings, Tapered Roller Bearings, Spherical Roller Bearings, Needle Roller Bearings
3) By Ball Bearing: Deep Groove Ball Bearings, Angular Contact Ball Bearings, Self-Aligning Ball Bearings, Thrust Ball Bearings
4) By Others: Magnetic Bearings, Fluid Bearings, Composite Bearings, Special-purpose Bearings
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5712
Which geographical regions are pioneering growth in the aerospace bearings market?
North America was the largest region in the aerospace bearings market in 2024. North America is expected to be the fastest-growing region in the aerospace bearings market share during the forecast period. The regions covered in the aerospace bearings market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the influential players reshaping the aerospace bearings market landscape?
Major companies operating in the aerospace bearings market include AST Bearings LLC, EnPro Industries Inc., JTEKT Corporation, Kaman Corporation, New Hampshire Ball Bearings Inc., National Precision Bearing Group of Mechatronics Inc., RBC Bearings Incorporated, SKF Group, Schaeffler AG, NTN Corporation, The Timken Company, Pacamor Kubar Bearings (PKB), Regal Beloit Corporation, Schatz Bearing Corporation, HKT Bearings Limited, GGB Bearing Technology, NSK Ltd., THK CO. LTD., Aurora Bearing Company, Precision Bearing Co., SGL Bearings India Private Limited, Spherical Bearings Private Limited, The Barden Corporation., The General Bearing Corporation., The Torrington Company., TimkenSteel Corporation, Trelleborg Sealing Solutions, Wafangdian Bearing Co Ltd., Zhejiang Tianma Bearing Co Ltd., ZYS Bearing Co Ltd.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=5712&type=smp
What Is Covered In The Aerospace Bearings Global Market Report?
•Market Size Forecast: Examine the aerospace bearings market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the aerospace bearings market for a structured understanding.
•Key Players Overview: Analyze major players in the aerospace bearings market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the aerospace bearings market.
•Segment Contributions: Evaluate how different segments drive overall growth in the aerospace bearings market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the aerospace bearings market.
•Industry Challenges: Identify potential risks and obstacles affecting the aerospace bearings market.
•Competitive Landscape: Review strategic developments in the aerospace bearings market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
                     Copy
                  
                 Please set a link in the press area of your homepage to this press release on openPR.  openPR disclaims liability for any content contained in this release. 
    You can edit or delete your press release Global Aerospace Bearings Market to Reach $14.62 Billion by 2029, Growing at 10.9% CAGR here
News-ID: 3880323 • Views: …
More Releases from The Business Research Company
 
                                            
                                                    2025-2034 Superconducting Quantum Chip Market Outlook: Key Drivers, Emerging Cha …                                                
                                            
                                        
                                            Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Superconducting Quantum Chip Market Through 2025?
The market size of superconducting quantum chips has shown a swift expansion in the past few years. It's forecasted to surge from a value of $0.74 billion in 2024, reaching $0.87 billion in 2025, with a…  
                                        
                                     
                                            
                                                    What Is Driving Global Responsible AI Governance Consulting Market Growth in 202 …                                                
                                            
                                        
                                            Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Responsible AI Governance Consulting Market Size By 2025?
The market size for responsible AI governance consulting has seen substantial growth recently. Projections show it will expand from $0.29 billion in 2024 to $0.43 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 49.0%.…  
                                        
                                     
                                            
                                                    Expansion Of Industrial Fleets Fueling The Growth Of The Market Due To Rising E- …                                                
                                            
                                        
                                            Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Material Handling Equipment Telematics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the size of the telematics market for material handling equipment has experienced swift growth. The market is projected to increase from $5.42 billion in 2024 to $6.14 billion in 2025,…  
                                        
                                     
                                            
                                                    Higher Educational Professional Audio-Visual (Pro AV) Market Poised to Hit $5.68 …                                                
                                            
                                        
                                            Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Higher Educational Professional Audio-Visual (Pro AV) Industry Market Size Be by 2025?
The market size for professional audio-visual (pro av) in the higher education sector has seen robust growth in the past few years. The market is projected to increase from a value of $3.54 billion…  
                                        
                                    More Releases for Bearing
                                                    Motor Rolling Bearing Market | Aurora Bearing, CCTY Bearing, Emerson Bearing, FK …                                                
                                            
                                        
                                            The global motor rolling bearing market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the motor rolling bearing market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…  
                                        
                                    
                                                    Motor Joint Bearing Market | Aurora Bearing, CCTY Bearing, Emerson Bearing, FK B …                                                
                                            
                                        
                                            The global motor joint bearing market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the motor joint bearing market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…  
                                        
                                    
                                                    Wind Turbine Bearing Market Outlook to 2025 - NTN Bearing, Timken Company, AB SK …                                                
                                            
                                        
                                            The Wind Turbine Bearing Market research report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Poter's five forces analysis.
Increasing number of wind farms around the world, day by day developing technologies in the field of wind energy, and growing advancement in wind turbine equipment's…  
                                        
                                    
                                                    Global Machine Tool Bearing Market 2019 Top Key Players: Timken, Schaeffler, Luo …                                                
                                            
                                        
                                            Summary
WiseGuyReports.com adds “Machine Tool Bearing Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.
This report provides in depth study of “Machine Tool Bearing Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Machine Tool Bearing Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an…  
                                        
                                    
                                                    Global Automotive Generation 3 Hub Bearing Market 2017 : Harbin Bearing, ILJIN,  …                                                
                                            
                                        
                                            A market study based on the "Automotive Generation 3 Hub Bearing Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Automotive Generation 3 Hub Bearing Market 2017’. The research report analyses the historical as well as present performance of the worldwide Automotive Generation 3 Hub Bearing industry, and makes predictions on the future status of Automotive Generation 3 Hub Bearing market on the basis…  
                                        
                                    
                                                    Global Groove Ball Bearing Market 2017 : Aoyama, Harbin bearing, Lily Bearing, E …                                                
                                            
                                        
                                            The Groove Ball Bearing market report covers forecast and analysis for the Groove Ball Bearing market on a global and regional level. The Groove Ball Bearing industry report provides historic data of 2015 along with a Groove Ball Bearing market forecast from 2015 to 2021 based on Groove Ball Bearing industry volume and Groove Ball Bearing revenue (USD Million). The Groove Ball Bearing includes Growth Drivers, Competitive Landscape for the…  
                                        
                                    