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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Aerospace Bearings Market Size
The global Aerospace Bearings market is expected to grow at a CAGR of 8.4% during the period 2024-2032. North America, Europe and Asia are expected to be key markets.
Global Market Likely to be Driven by Aerospace Applications
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. Aerospace bearings come in several different shapes and with varying load and axial load capacities. Significant measurements for aerospace bearings include outside diameter, bore size, and overall width. Metric and English or imperial pitch bearings are also available on the market. Generally, manufacturers use a standard numbering system for bearings with metric diameter bores.
Aerospace bearings employ several bearing designs. Uses of bearings of different designs are expected to boost the global aerospace bearings market. Conrad bearings rotate in a deep groove machined into inner and outer races; these display good radial load capacity, fair axial load capacity, and sufficient ability to resist misalignment. A cage maintains ball space. Double row angular contact ball bearings carry two rows of balls in one inner and outer ring. Spherical roller bearings are double row, self-aligning, combination radial and thrust bearings; the rolling element is a spherical (or crowned) roller. Spherical roller bearings possess outstanding capacity for high loads and tolerance to shock loads, but exhibit limited speed capabilities. Needle rollers feature a cylindrical design with a long and thin rolling element (relative to its diameter). Needle roller bearings possess low cross sections but a high radial load carrying capacity; these have an outer ring, a cage, and an inner ring.
Aerospace Bearings Market Report Snapshots
Aerospace Bearings Market Size
Aerospace Bearings Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global aerospace bearings market is projected to grow at a CAGR of 8.4% between 2024 and 2032.
The major drivers of the market include the technological innovations, growing focus on green aerospace sector, growth in urban air mobility (UAM) platform, emergence of sensor bearing units and increase in development of additive manufacturing technologies and materials to manufacture bearing.
An increase in focus toward reduction of vehicle weight and growth of global space sector are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different bearing types in the market are roller bearing, plain bearing, and ball bearing, among others.
The various types of aircrafts in the market are rotorcraft and fixed wing, among others.
Based on material, the market is classified into metal polymer and engineered plastic, metal, fibre reinforced composites, and ceramics.
The major applications of the market are military aviation, unmanned aerial vehicle, commercial aviation, business and general aviation.
Roller bearings are used in the aircraft. Its main application is in aeroplane engines, where a roller is housed between the inner and outer rings.
The major players in the industry are AB SKF, JTEKT Corporation, Schaeffler Technologies AG & Co. KG, The Timken Company, RBC Bearings Incorporated, and NSK Ltd, among others.
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