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Global Air Bearings Market: By Type: Aerostatic Bearings, Aerodynamic Bearings; By Speed Capacity; By Application: Precision Metal Tools, High Speed Machines, Coordinate Measuring Machines; By End-use; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Air Bearings Market Outlook
The global air bearings market size was estimated to be at USD 6.22 billion in 2021 and is anticipated to increase at a CAGR of 6.8% in the forecast period of 2023-2028.
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Air bearings are bearings used to provide all surfaces a layer of compressed air to avoid wear and tear. The benefits of stability, frictionless operation, environmentally friendly design, and cost benefits make it viable for high-precision and high-speed applications.
Market Segmentation
Air bearings are bearings that provide low friction load-bearing interface between surfaces with the help of a thin film of pressurized air.
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The air bearings market can be divided on the basis of segments like type, speed capacity, application, and end-use.
The industry can be broadly categorised on the basis of type into:
- Aerostatic Bearings
- Aerodynamic Bearings
The air bearings market can be divided based on speed capacity into:
- <1000 rpm
- 1000 – 60000 rpm
- >60000 rpm
The industry can be divided on the basis of application into:
- Precision Metal Tools
- High Speed Machines
- Coordinate Measuring Machines
- Others
The air bearings market can be segmented based on end-use into:
- Marine and Aviation
- Medical
- Automotive
- Machine Tools
- Others
The EMR report looks into the regional markets of air bearings like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.
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Market Analysis
The increasing use of high-precision tools and spindles in vehicle production has resulted in a significant demand for air bearings, generating opportunities for the growth of industry players. As the market is going through a new phase of industrialization, it is experiencing precision. Due to the increasing need for accuracy, the advent of precision machining across a range of application sectors has created a demand for efficient components that allow smooth operations. For the manufacturers, these components are the first option, further enhancing the market for air bearings. Precision machining tools are vital to the development and production of machines, tools, and other industry components to ensure accuracy and dynamic stability. The air bearings are used in precision machining tools, owing to their lower frictional drag, making high speed possible at lower vibrational rates.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global air bearings market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- APG-Neuros Inc.
- Air Bearings Ltd.
- Capstone Green Energy Corporation
- Honeywell International Inc.
- Hot Air Systems, Inc.
- IBS Precision Engineering
- Leuven Air Bearings Nv
- Mohawk Innovative Technology, Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis, as well as an analysis of Porter's Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Speed Capacity, Application, End-use, Region |
| Breakup by Type | Aerostatic Bearings, Aerodynamic Bearings |
| Breakup by Speed Capacity | <1000 rpm, 1000 – 60000 rpm, >60000 rpm |
| Breakup by Application | Precision Metal Tools, High Speed Machines, Coordinate Measuring Machines. Others |
| Breakup by End Use | Marine and Aviation, Medical, Automotive, Machine Tools, Others |
| Breakup by Region | North America, Europe, Asia Pacific, LAMEA |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | APG-Neuros Inc., Air Bearings Ltd., Capstone Green Energy Corporation, Honeywell International Inc., Hot Air Systems, Inc., IBS Precision Engineering, Leuven Air Bearings Nv, Mohawk Innovative Technology, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Air Bearings Market Analysis
8.1 Key Industry Highlights
8.2 Global Air Bearings Historical Market (2018-2022)
8.3 Global Air Bearings Market Forecast (2023-2028)
8.4 Global Air Bearings Market by Type
8.4.1 Aerostatic Bearings
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Aerodynamic Bearings
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Air Bearings Market by Speed Capacity
8.5.1 <1000 rpm
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 1000 – 60000 rpm
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 >60000 rpm
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Air Bearings Market by Application
8.6.1 Precision Metal Tools
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 High Speed Machines
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Coordinate Measuring Machines
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Air Bearings Market by End Use
8.7.1 Marine and Aviation
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Medical
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Automotive
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Machine Tools
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Others
8.8 Global Air Bearings Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 LAMEA
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 LAMEA
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Saudi Arabia
9.4.3.3 Mexico
9.4.3.4 South Africa
9.4.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 APG-Neuros Inc.
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Air Bearings Ltd.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Capstone Green Energy Corporation
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Honeywell International Inc.
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Hot Air Systems, Inc.
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 IBS Precision Engineering
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Leuven Air Bearings Nv
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 Mohawk Innovative Technology, Inc.
11.2.8.1 Company Overview
11.2.8.2 Product Portfolio
11.2.8.3 Demographic Reach and Achievements
11.2.8.4 Certifications
11.2.9 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Air Bearings Market: Key Industry Highlights, 2017 and 2027
2. Global Air Bearings Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Air Bearings Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Air Bearings Historical Market: Breakup by Speed Capacity (USD Billion), 2018-2022
5. Global Air Bearings Market Forecast: Breakup by Speed Capacity (USD Billion), 2023-2028
6. Global Air Bearings Historical Market: Breakup by Application (USD Billion), 2018-2022
7. Global Air Bearings Market Forecast: Breakup by Application (USD Billion), 2023-2028
8. Global Air Bearings Historical Market: Breakup by End Use (USD Billion), 2018-2022
9. Global Air Bearings Market Forecast: Breakup by End Use (USD Billion), 2023-2028
10. Global Air Bearings Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global Air Bearings Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America Air Bearings Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America Air Bearings Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe Air Bearings Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe Air Bearings Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific Air Bearings Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific Air Bearings Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. LAMEA Air Bearings Historical Market: Breakup by Country (USD Billion), 2018-2022
19. LAMEA Air Bearings Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Air Bearings Market Structure
Key Questions Answered in the Report
The global air bearings market attained a value of nearly USD 6.22 billion in 2021.
The market is projected to grow at a CAGR of 6.8% between 2022 and 2027.
The major drivers of the market include increasing use of high-precision tools and spindles in vehicle production, increasing need for accuracy and the advent of precision machining across a range of application.
As the market is going through a new phase of industrialisation, it is experiencing precision, which is the key industry trend propelling the growth of the market.
The major regions in the industry are North America, LAMEA, Europe, and the Asia Pacific.
Aerostatic bearings and aerodynamic bearings are the dominant types of air bearings in the industry.
The speed capacities for the product can be divided into 1000 rpm, 1000 – 60000 rpm, and >60000 rpm.
Marine and Aviation, medical, automotive, and machine tools, among others are the major end use sectors of air bearings.
Significant applications of air bearings include precision metal tools, high speed machines, and coordinate measuring machines, among others.
The major players in the industry are APG-Neuros Inc., Air Bearings Ltd., Capstone Green Energy Corporation, Honeywell International Inc., Hot Air Systems, Inc., IBS Precision Engineering, Leuven Air Bearings Nv, and Mohawk Innovative Technology, Inc., among others.
Analyst Review
The global air bearings market attained a value of USD 6.22 billion in 2021, driven by the increasing use of high-precision tools and spindles in vehicle production, increasing need for accuracy and the advent of precision machining across a range of application. Aided by the new phase of industrialisation, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6.8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the air bearings industry can be segmented into aerostatic bearings and aerodynamic bearings. Marine and aviation, medical, automotive, and machine tools, among others are the major end use sectors of air bearings. The applications of air bearings include precision metal tools, high speed machines, coordinate measuring machines, and others. The speed capacities for the product can be divided into 1000 rpm, 1000 – 60000 rpm, and >60000 rpm. The major regional markets for air bearings are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include APG-Neuros Inc., Air Bearings Ltd., Capstone Green Energy Corporation, Honeywell International Inc., Hot Air Systems, Inc., IBS Precision Engineering, Leuven Air Bearings Nv, and Mohawk Innovative Technology, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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