Stratview Research delivers key insights into the global Aerospace Bearings Market. According to Stratview Research, the market is segmented By Bearing Type (Ball Bearing [Angular Contact Ball Bearing and Deep Groove Ball Bearing], Roller Bearing [Tapered Roller Bearing, Spherical Roller Bearing, Cylindrical Roller Bearing, and Others], and Plain Bearing), by Material Type (Metallic Bearings, Non-Metallic Bearings, and Hybrid Bearings), by Platform Type (Commercial Aircraft, Regional Aircraft, General Aviation, Military Aircraft, Helicopter, and UAV), by Application Type (Engine Transmission, Flight Control System, Landing Gear, Airframe, Auxiliary System, EOTS, and Others), by End-User Type (OE and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

According to the report, the market is likely to witness an impressive CAGR of 7.8% during the forecast period.

What queries are covered in this report–

• What are the key trends in the Aerospace Bearings Market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the Aerospace Bearings Market?
• What are the key strategies adopted by the major vendors to lead in the market?
• What is the market share of the top vendors?

Segment Analysis

Bearing Type

• The market is segmented as ball bearing, roller bearing, and plain bearing.
• Ball bearings are further classified as angular contact ball bearing, and deep groove ball bearing. Similarly, roller bearings are further classified as tapered roller bearings, cylindrical roller bearings, spherical roller bearings, and others.
• Ball bearings are expected to remain the larger segment of the market during the forecast period, owing to their extensive usage throughout the airframe and engine assemblies.

Application Type

• The market is segmented as engine transmission, flight control system, landing gear, airframe, auxiliary system, EOTS, and others.
• Engine Transmission is projected to be the leading segment of the market during the forecast period. As engines and airplanes get lighter, faster, and more fuel-efficient, the operating temperature of engines continues to rise, creating a demand for high-temperature-resistant bearings (rated to operate close to 900 or more degrees Fahrenheit continually).
• EOTS segment is gaining traction in the market given the rising popularity of the electro-optical targeting system (EOTS) in aerial warfare.

Regional Analysis

• North America is expected to remain the largest market over the next five years.
• The USA is the growth engine of the region’s market with the presence of major aircraft OEMs, tier players, and raw material suppliers.
• Most of the bearing suppliers have their presence in the region to address the demand from OEMs tirelessly.

Asia-Pacific is likely to mark the fastest recovery during the study period, owing to the growing volume of aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus for multiple aircraft programs in China; global migration of MRO markets from west to east due to lower cost; and upcoming aircraft programs such C919.

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing procurement, target screening, and others, please send your inquiry at [email protected]

What we do-

Stratview Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients existing globally. We at Stratview Research are obliged to serve our diverse customer base present across the industries of Aerospace, Oil and Gas, Automotive, and Chemicals, etc. among various other industries present around the world. We strive to provide our customers with updated information on ground-breaking technologies, high growing markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.