Global Aerospace Bearings Market Worth $14.36 Billion by 2029, Growing at 10.6% CAGR

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Aerospace Bearings Market Outlook: What Size And CAGR Are Anticipated By 2025?
The market size of aerospace bearings has experienced a swift expansion in the last few years. The market, which was valued at $8.68 billion in 2024, is projected to escalate to $9.6 billion in 2025, indicative of a compound annual growth rate (CAGR) of 10.6%. This significant growth during the historic period can be ascribed to factors such as the aging fleet of aircraft, increases in military budgets, modifications in regulations, elevated interest in space exploration initiatives, and an amplified focus on lightweight materials.

What Is the Expected CAGR for the Aerospace Bearings Market Growth Through 2029?
In the coming years, the aerospace bearings market is anticipated to witness swift expansion. It is projected to reach a value of $14.36 billion in 2029, with a compound annual growth rate (CAGR) of 10.6%. The increase during the forecast period can be attributed to the growth of emerging markets, cybersecurity threats, development of infrastructure, an escalating demand for new aircraft, and a soaring demand for UAVs. The forecast period will also see major trends such as improved lubrication technologies, smart bearings, miniaturization, eco-friendly bearing solutions, and condition monitoring.

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What Are the Primary Drivers Behind Aerospace Bearings Market Growth?
The emphasis on the sustainability in the aerospace industry is playing a substantial role in spurring the growth of the aerospace bearings market. This aspect of sustainability in aerospace primarily targets improving aircraft fuel efficiency and spearheading innovative technologies and systems, all to aim for a carbon-neutral future in global air transportation. Leading aerospace Bearing manufacturers are channeling their efforts into innovating fuel-efficient bearings to steer market demand in favor of low emission products. For example, stated by the International Air Transport Association in December 2022-a trade organization based in Canada-the production of sustainable aviation fuel (SAF) is projected to surge by 200% from 2021, reaching 300 million liters in 2022. This primarily hinges on the use of hydrogen as a foremost power source. Consequently, this shift towards sustainability in the aerospace industry is anticipated to significantly fuel the expansion of the aerospace bearings market in the near future.

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What Are the Key Segments Driving Aerospace Bearings Market Growth?
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

What Are the Technological Trends Impacting the Aerospace Bearings Market?
Key players in the aerospace bearings sector are shifting their focus towards the creation of novel solutions, such as turbine generator bearings, to improve the proficiency and dependability of aerospace applications. Turbine Generator Bearings are unique types of bearings manufactured to prop up the rotating parts of turbine generators, crucial in various aerospace and industrial applications. As an example, NSK Ltd., a firm based in Japan, introduced a new gas turbine generator bearing in April 2024, designed explicitly for electric vertical take-off and landing (eVTOL) aircraft, including sizeable drones. This groundbreaking bearing boasts a unique lubrication system that remarkably decreases the essential lubricant supply by around 80%, thereby extending the flight ranges of eVTOLs. The bearing is able to hit high-speed revolution performance exceeding 2.5 million dmn and at the same time reduces power loss by nearly 30% compared to regular jet lubrication systems. The bearing's design paves the way for lighter oil supply scavenge pumps and lubricant tanks, further elevating the efficiency of eVTOL operations.

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Who Are the Major Competitors in the Global Aerospace Bearings Market?
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.

Which Region Dominates the Aerospace Bearings Market Share in 2025?
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.

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