Aerospace Bearing Market to Grow with a CAGR of 4.08% through to 2030F
The increasing demand for lightweight and fuel-efficient aircraft, advancements in bearing materials such as engineered plastics and ceramics, and the expansion of the aerospace industry in emerging markets are the factors driving the market in the forecast period 2026-2030.
According to TechSci Research report, “Aerospace Bearing Market-Global Industry Size, Share, Trends, competition
Forecast & opportunities, 2029F”, the Global Aerospace Bearing Market was valued at USD 14.12 Billion in 2024 and is expected to reach USD 17.91 Billion by 2030 with a CAGR of 4.08% during the forecast period.The aerospace bearing market
is growing rapidly due to the increasing need for advanced components in the
aviation industry. With the rise in air travel and aircraft production, there
is a heightened demand for bearings that offer reliability and durability.
Innovations in materials like ceramics and engineered plastics are reducing
weight and enhancing performance, particularly in the push for more
fuel-efficient and sustainable aircraft.
The growing focus on
maintenance, repair, and overhaul (MRO) activities in the aerospace sector is
driving a significant aftermarket for bearings, as airlines prioritize fleet
performance and minimizing downtime. Demand for replacement bearings remains high
due to their critical role in ensuring the safety and efficiency of aging
aircraft. Rapid expansion of MRO infrastructure in emerging markets further
boosts the need for aerospace bearings. Customized solutions and fast delivery
times are becoming increasingly important in the aftermarket segment.
Partnerships between OEMs and MRO providers are fostering innovation and
creating new growth opportunities. However, the market faces challenges due to
a highly specialized supply chain vulnerable to disruptions, including delays
in raw material supplies and geopolitical tensions. The limited number of
aerospace-grade bearing suppliers increases dependency, creating risks of
bottlenecks. Manufacturers must diversify supply chains and strengthen
collaborations with suppliers to ensure consistent material flow. Advanced
technologies in remanufacturing and repair are enabling cost-effective
solutions, while predictive maintenance practices are enhancing the efficiency
of aftermarket services. These trends are positioning the aerospace bearing
market for sustained growth in the coming years.
Browse over XX market data
Figures spread through XX Pages and an in-depth TOC on the “Global Aerospace Bearing Market".
The Global Aerospace Bearing Market is segmented
into platform type,
type, application type, material type and region.
The global aerospace bearing market is segmented by material type,
including stainless steel, fiber-reinforced composites, engineered plastics,
aluminum alloys, and others. Stainless steel is commonly used due to its
strength, corrosion resistance, and ability to withstand high temperatures,
making it ideal for demanding aerospace applications. This material is often
found in bearings used in engines, landing gear, and other critical components.
Fiber-reinforced composites, with their lightweight and high-strength
properties, are increasingly used in aerospace bearings to reduce overall
aircraft weight while maintaining performance. These materials are especially
beneficial in reducing fuel consumption and improving the efficiency of
aircraft.
Engineered plastics are gaining popularity for their ability to provide
self-lubricating properties, reducing maintenance requirements and enhancing
the longevity of bearings. These plastics are particularly useful in
non-metallic applications, offering an alternative to traditional materials in
specific aerospace systems. Aluminum alloys are also used in aerospace bearings
for their lightweight characteristics, offering a good balance between strength
and weight. These materials are particularly suited for parts that require
reduced mass without compromising performance or durability.
The "others" category includes materials like titanium alloys
and ceramics, which provide unique advantages in specific applications.
Titanium alloys are known for their high strength-to-weight ratio, making them
ideal for demanding aerospace systems. Ceramic bearings, with their exceptional
heat resistance and low friction properties, are used in high-speed
applications where traditional materials may not perform as efficiently. The
variety of material types available allows for a wide range of bearing solutions
that can be tailored to meet the specific requirements of different aerospace
applications. Each material offers distinct benefits, supporting the
development of advanced, high-performance aerospace systems.
In 2024, Asia-Pacific emerged as the fastest-growing region in the
global aerospace bearing market. The region's rapid economic growth, combined
with increasing investments in the aviation sector, contributed significantly
to the demand for aerospace bearings. With rising air travel and the expansion
of both commercial and defense aircraft fleets, the need for high-performance
bearings in various aircraft systems has surged. The growing aerospace
manufacturing capabilities in countries like China and India further strengthen
the market, creating opportunities for the development and supply of advanced
bearing solutions.
The increasing focus on domestic production of aircraft and components,
alongside a growing middle class with higher disposable income, has driven
demand for aircraft in Asia-Pacific. This trend is supporting the expansion of
maintenance, repair, and overhaul (MRO) services, which directly boosts the
aftermarket for aerospace bearings. Furthermore, several emerging markets in
the region are witnessing improvements in infrastructure and technological
advancements, which are accelerating the adoption of innovative bearing
materials and solutions. The increasing emphasis on sustainability and fuel efficiency in the
region is also driving the market for lightweight and durable aerospace
bearings. As the aerospace sector in Asia-Pacific continues to grow, the demand
for bearings capable of meeting evolving technological requirements remains a
significant market driver.
Major market players
operating in Global Aerospace Bearing Market are:
- AB
SKF
- The
Timken Company
- NTN
Corporation
- Schaeffler
AG
- GGB
Heilbronn GmbH
- Kaman Corporation
- RBC
Bearings Inc
- Genuine
Parts Company
- Heroux
Devtek, Inc.
- New
Hampshire Ball Bearings, Inc.
Download Sample Report
Customers can also request
for 10% free customization on this report.
“The global aerospace bearing market is expanding due to rising aircraft
production, technological advancements, and increasing demand for
high-performance bearings. The Asia-Pacific region is growing rapidly, driven
by expanding air travel, increased aerospace manufacturing, and a focus on
fuel-efficient aircraft. The demand for maintenance, repair, and overhaul (MRO)
services is further boosting market growth. These factors will continue driving
the market in the forecast period” said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
global management consulting firm.
“Aerospace Bearing Market-Global
Industry Size,
Share, Trends, Opportunity, Segmented By Platform Type(Commercial, Military),
By Type (Ball Bearing, Roller Bearing, Others), By Application Type (Engine,
Flight Control Systems, Aerostructure, Landing Gear, Others), By Material Type
(Stainless Steel, Fiber-Reinforced Composites, Engineered Plastics, Aluminum
Alloys, Others), By Region, By Competition, 2020-2030F”, The report evaluates the future growth potential of the Global Aerospace
Bearing Market, offering insights into market size, structure, and projected
growth. It aims to provide comprehensive market intelligence to support
decision-makers in making informed investment decisions. Additionally, the
report identifies and analyses emerging trends, key drivers, challenges, and
opportunities in the Global Aerospace Bearing Market.
Contact Us-
TechSci Research LLC
420 Lexington
Avenue, Suite 300,
New York, United
States- 10170
M: +13322586602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com