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Global Aerospace Bearings Market to Grow at a CAGR of 8.4% During the Period 2022-2027, Driven by Applications in Aerospace

According to a new report by EMR titled, ‘Global Aerospace Bearings Market Report and Forecast 2022-2027’, the global aerospace bearings market is expected to grow at a CAGR of 8.4% during the period 2022-2027, led by advanced solutions.

The global aerospace bearings market is expected to be driven by applications in the aerospace industry. Aerospace bearings are devised to fulfil the rigorous demands of aircraft control and aerospace applications. These are usually manufactured from stainless steel or other metals or materials that are resistant to corrosion, shock, and temperature extremes. Applications of aerospace bearings include those in military aircraft, helicopters, and missile systems; such applications are expected to boost the global aerospace bearings market.  North America, Europe and Asia are expected to be key markets.

Leading companies offer high-quality solutions for the aerospace industry. For example, NTN-SNR has been collaborating with major companies in the aviation industry for over fifty years. The company has contributed to many new programmes, such as the engines on all new single-aisle aircraft (A320neo, B737 MAX…) and AW189 and H175 helicopters. The company offers innovative and high-performance aerospace bearings to meet latest technical developments. NTN-SNR attempts to decrease energy consumption of customers by producing lighter bearings with ceramic rolling elements for increased speed and reduced rotational torque (through, in particular, optimised designs). Through extensive R&D, the company’s aerospace bearings can resist the most extreme demands; bearings made of premium materials and designed using specially developed software help decrease maintenance costs.

Modern high-quality aerospace bearing solutions by leading companies include bearings for engines (turbojets, turbofans, turboshafts, turboprops and auxiliary power units); bearings are available for main shafts and gearboxes (Inlet, Towershaft, Accessories, etc.), helicopters [many rotating parts require specific bearings for turbines, gearboxes (main, intermediate and tail), take-off shaft, accessory gearboxes, rotors (rotor mast, swash plate, blade root, etc.), flying controls], aircraft [flying controls, accessories (radar, pumps, landing gear, generators, etc…], aircraft wheels, space (turbopumps, satellites). Such applications are expected to drive the global aerospace bearings market.

GGB offers lightweight, maintenance-free bearings that decrease fuel and labour costs for commercial and military aircraft, both fixed- and rotary-wing. Among the aerospace applications in which the company’s bearings are employed are aircraft landing gear struts, or shock absorbers, where they eradicate ladder cracking and heat damage on the strut rod surface.

Key Findings of the Report:

  • Applications in the aerospace industry are expected to drive the global aerospace bearings market
  • Advanced solutions are expected to stimulate market growth. 
  • North America, Europe and Asia are likely to be key markets.

Market Analysis by Bearing Type, Aircraft Type, Material, Application, and Region:

  • By bearing type, the market is segmented into Roller Bearing, Plain Bearing, Ball Bearing, and Others.
  • By aircraft type, the market is divided into Rotorcraft, Fixed Wing, and Others.
  • By material, the market is classified into Metal Polymer and Engineered Plastic, Metal, Fibre Reinforced Composites, and Ceramics.
  • By application, the market is segmented into Military Aviation, Unmanned Aerial Vehicle, Commercial Aviation, and Business and General Aviation.
  • By region, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

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