USD 13.01 billion
Aerospace Bearings Market Size, Share, and Growth Analysis
Aerospace Bearings Market By Bearing Type (Plain Bearing, Roller Bearing), By Material (Stainless Steel, Fiber-Reinforced Composites), By Application (Landing Gear, Cockpit Control), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG20A2075 |
Region:
Global |
Published Date: February, 2025
Pages:
202
|Tables:
64
|Figures:
75
Format -
Aerospace Bearings Market Insights
Global Aerospace Bearings Market size was valued at USD 13.01 billion in 2023 and is poised to grow from USD 14.08 billion in 2024 to USD 26.44 billion by 2032, growing at a CAGR of 8.2% during the forecast period (2025-2032).
The aircraft bearings are undergoing significant pattern changes, which shows how the industry is always evolving. The increasing demand for sturdy and lightweight courses, which are used to further enhance eco-friendliness and general execution, is a notable advancement in the global aerospace bearings market trends. A growing emphasis among manufacturers is on improving orientation that successfully moderates load while maintaining strength, given the stunning distraction caused by fuel costs in the aviation industry. Also, the global aircraft bearings market is largely influenced by mechanical advancements. A trend towards the integration of smart innovations, such as sensors and condition-observing frameworks, is emerging. These developments allow for ongoing monitoring of patients' well-being and provide crucial information for preventative assistance.
To reduce personal time and support expenses, aircraft and aviation administrators are eager to implement such clever bearing arrangements in order to improve the reliability and operational sufficiency of their armadas. The expansion of the aviation industry and globalization have led to an increase in collaboration and association building among key market participants. This pattern is driven mostly by the need to share mastery, to progress assets, and to emphasize creative labour. Organizations are able to develop innovative bearing arrangements that satisfy the intricate details of modern aircraft applications by pooling their resources and skills.
US Aerospace Bearings Market is poised to grow at sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Ball Bearing
Fastest Growth
Roller Bearing
Growth Rate
8.2% CAGR
Global Aerospace Bearings Market ($ Bn)
Country Share by Asia Pacific (%)
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Aerospace Bearings Market Segments Analysis
Global Aerospace Bearings Market is segmented by Bearing Type, Material, Application and region. Based on Bearing Type, the market is segmented into Plain Bearing, Roller Bearing, Ball Bearing and Others. Based on Material, the market is segmented into Stainless Steel, Fiber-Reinforced Composites, Engineered Plastics, Ceramics and Alloy. Based on Application, the market is segmented into Landing Gear, Cockpit Control, Aerostructure, Aircraft Systems, Engine and APU Systems, Doors and Aircraft Interiors. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Bearing Type
As per categorization by bearing type, the market is classified as plain bearing, roller bearing, ball bearing, and others. Among these, ball bearing earned the largest share and continues to hold the dominant global aerospace bearings market share. Ball bearings are the absolute dominators of the global aerospace bearings market. This is primarily attributed to the constituent quality that allows these bearings to be highly versatile, extremely durable, and equally handle radial and axial loads, making them the most important components in aircraft engines, landing gear, and control systems. Other innovations include new, advanced materials like ceramic hybrids-all helipads that reduce weight, corrosion resistance, and improved temperature tolerance, for fuel efficiency and reliability requirements from the aerospace industry. Also, exacting engineering ensures above-average performance, fully conforming with the emerging trend of safety and operational efficiency in modern aircraft.
Roller bearings are poised to be the fastest-growing segment in the global aerospace bearings market due to their ability to handle heavy radial loads and operate efficiently under high-speed and high-temperature conditions. This also meets the ongoing demand in the industry for durability and performance applications in some critical aircraft components, such as jet engines, turbines, and structural assemblies. Advances in materials such as titanium and ceramic composites add to load capacity and resistance to wear and corrosion. In addition, the increasing demand for lighter aircraft and efficiency in fuel consumption is spurring design innovations in roller bearings, which are emerging as an essential component in next-generation aerospace technologies.
Analysis by Application
Commercial aviation dominates the global aerospace bearings market due to the sector's scale, growing air travel demand, and increasing fleet sizes worldwide. Bearings find application in engines, landing gear, and airframes, since they are crucial components to improve their reliability and productivity in highly stressed conditions. Most innovations are geared toward advanced materials like ceramic hybrids and titanium alloys to improve durability, minimize weight, and maximize performance. Enhanced manufacturing technologies are making precision and high life-cycle requirements, alongside rigorous safety standards. The tremendous growth of low-cost carriers, new emerging markets, and the shift towards fuel-efficient aircraft such as next-generation narrow-body planes have made their presence felt with more stress on the commercial aerospace sector.
Military aviation is expected to be the fastest-growing segment in the global aerospace bearings market due to increasing defense budgets and advancements in military aircraft technologies. This increasing demand is in bearings used fighter jets, unmanned aerial vehicles (UAVs), and transport aircraft, and nowadays these become very critical due to their importance to robustness, performance, and reliability under extreme conditions. Advancements in materials like high-temperature alloys and composites would increase load capacity and make them better resistant to harsh environments. Moreover, this growth trajectory will be bolstered by the modernizing of global military fleets with advanced aircraft and the rising need for strategic mobility and aerial defense capabilities.
Global Aerospace Bearings Market By Bearing Type (%)
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Aerospace Bearings Market Regional Insights
Asia-Pacific dominates the global aerospace bearings market due to the region's booming aviation industry, driven by increasing air passenger traffic and expanding commercial and military aircraft fleets. Such factors as urbanization at speed, a rise in the disposable income of both the individual and household levels, and low-cost carriers have led to the demand for new aircraft especially within the countries, i.e. China and India. Apart from that, national investment in defense modernization and home-grown aerospace manufacture also promotes the market. Several of the regional players are concentrating on greenfield advanced manufacturing facilities and technology in bearing production. Government initiatives on promoting aviation infrastructure development, combined with strategic partnerships with global aerospace leaders, have installed the Asia-Pacific region at the top of an ever dynamic and growing market.
North America is the fastest-growing region in the global aerospace bearings market, fueled by a robust aerospace and defense sector, technological advancements, and increasing investments in next-generation aircraft. The region hosts key aerospace manufacturers and suppliers, which is much needed to enhance the need for high-performance bearings with regard to commercial, military, and space applications. Advances made in materials and designs are also justified in terms of the emerging demand for lightweight, fuel-efficient aircraft. Heavy budgets on defense and modernization programs for existing fleets to private companies entering the space arena are additional factors driving market growth. The research and development strength of North America and collaboration between the manufacturers and government agencies in this region continue to define the rapid expansion of North America.
Global Aerospace Bearings Market By Geography
- Largest
- Fastest
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Aerospace Bearings Market Dynamics
Drivers
Growing Commercial Aviation Sector
-
The expanding global air travel demand and increasing commercial aircraft production are significant drivers for the global aerospace bearings market growth. Increasing disposable incomes, expanding tourism, and a rapid increase in low-cost carriers have been attributed by those making efforts to grow their fleets. The bearings are fundamental elements in ensuring the performance and reliability and safety of an aircraft as such propel market development.
Advancements in Bearing Technology
-
Technology advancements in bearing materials and designs are advancing the aerospace market. Development of lightweight hybrid ceramics and titanium alloys offers better load capacity, corrosion resistance, and performance in extreme conditions. All component innovations fall in line with fuel efficiency and operational durability concerns in the aerospace industry.
Restraints
Volatility in Raw Material Prices
-
The price fluctuations of raw materials like steel, titanium, and ceramics contribute to huge swings in production costs and profit margins for manufacturers of aerospace bearings. The volatility of prices causes a supply chain disturbance that prevents the possibility of having fixed prices and long-term contracts, which can also limit the growth of this market.
Limited Supplier Base
-
The market for aerospace bearings is dominated by just a few specialized suppliers. This situation causes a high dependency and risks of supply disruption. Delays or hitches from key suppliers cause disorders in aircraft manufacturing schedules, make manufacturers incapable of scheduling their production appropriately, and finally limit the overall scalability of the market.
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Aerospace Bearings Market Competitive Landscape
Innovation and strategic cooperation have made the global aerospace bearings marketplace highly competitive. Emerging players and regional players alike attend to niche needs and thus contribute to competition in a rapidly growing and technologically advancing industry. Top organizations in the global market for aerospace bearings include SKF, NTN Corporation, Timken Company, RBC Bearings, and Schaeffler Group. These companies are committed to producing quality products and spending heavily on their advanced research and development initiatives. They are on lightweight materials and high-performance, durable bearings to meet all aerospace requirements.
Top Players in Aerospace Bearings Market
- SKF Group (Sweden)
- The Timken Company (US)
- NTN Corporation (Japan)
- Schaeffler Group (Germany)
- GGB Bearing Technology (UK)
- RBC Bearings Incorporated (US)
- NSK Ltd. (Japan)
- JTEKT Corporation (Japan)
- Rexnord Corporation (US)
- Kaman Corporation (US)
- Aurora Bearing Company (US)
- National Precision Bearing (US)
- New Hampshire Ball Bearings, Inc. (US)
- Pacamor Kubar Bearings (US)
- AST Bearings LLC (US)
- Brammer PLC (UK)
- Harbin Bearing Manufacturing Co., Ltd. (China)
- HKT Bearings Ltd. (South Korea)
- NBI Bearings Europe (Spain)
- MinebeaMitsumi Inc. (Japan)
Aerospace Bearings Market Recent Developments
- In August 2024, SKF gave the official announcement for the introduction of a lightweight bearing, one of its high-performance aerospace bearing solutions. These high-performance bearings for commercial aviation will include advanced ceramic hybrid materials, promising to enhance fuel economy and reduce wear while improving overall performance in extreme high speeds and temperatures.
- In July 2024, Timken Company has recently launched a new range of aerospace bearings that are primarily targeted at improving the service life and reliability of bearings used in military aircraft. Proposedly enhanced with coatings developed through state-of-the-art technology for resistance to corrosion and high service life, these bearings are designed especially to meet the demand for high performance in defense aviation applications.
- In June 2024, NTN Corporation unveiled a new series of aerospace bearings, designed to improve operational efficiency for aircraft engines. These bearings incorporate cutting-edge materials and a new lubrication technology, providing better temperature stability and reduced friction. NTN’s advancements target both commercial and military aerospace sectors, enhancing overall performance and safety.
Aerospace Bearings Key Market Trends
- Shift Towards Lightweight Materials in Aerospace Bearings: An ongoing trend associated with bearings in the aerospace market is the increasing use of lightweight materials including ceramic hybrids and titanium alloys. These materials offer greater fuel efficiencies, lighter weights, and improved robustness and support the aerospace industry's agenda of sustainability, reducing costs, and performance-optimized modern aircraft.
- Increased Demand for High-Performance Bearings in Military Aviation: The sensitive demand for advanced aerospace bearings has been rising within the military aviation sector. Such bearings have high reliability and performance in defense aircraft. Therefore, high-performance bearings with excellent load capability, corrosion resistance, and longevity are in high demand to meet the rigorous military aviation application demands.
Aerospace Bearings Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global aerospace bearings industry is rapidly evolving with innovative advancements in bearing materials, design, and integration of smart technologies. The demand for lightweight, durable bearings is increasing, especially in commercial and military aviation, driving market growth.
Collaboration and new material applications are thus strategic trends as the industry hopes to become more efficient, more performing, and reliable in operation. However much, there is value in that resource price volatility and narrower supplier bases, including the continuous innovation and growth of regional markets - particularly Asia-Pacific and North America; the market for bearings in aerospace will encounter a bright future.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 13.01 billion |
| Market size value in 2032 | USD 26.44 billion |
| Growth Rate | 8.2% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Aerospace Bearings Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Aerospace Bearings Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Aerospace Bearings Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Aerospace Bearings Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Aerospace Bearings Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Aerospace Bearings Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Aerospace Bearings Market Report Snapshots
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