Aerospace Bearings Market
PUBLISHED: 2020 ID: SMRC20008
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Aerospace Bearings Market

Aerospace Bearings - Global Market Outlook (2019-2027)

4.6 (16 reviews)
4.6 (16 reviews)
Published: 2020 ID: SMRC20008

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Aerospace Bearings Market is accounted for $9.93 billion in 2019 and is expected to reach $18.39 billion by 2027 growing at a CAGR of 8.0% during the forecast period. An increase in the number of aircraft deliveries and up gradation of aircraft to reduce operating costs are the major factors driving the market growth. However, existing backlogs of aircraft deliveries, rising raw material costs, and high R&D investments are restraining the market growth. Moreover, the growing use of fiber-composite and thermoplastic bearings would provide ample opportunities for market growth.

 

Aerospace Bearings - Global Market Outlook (2019 -2027)

 

An aerospace bearing is a component used to reduce load as well as friction between the moving or rotating parts in an automobile. They reduce the axial as well as radial load and improve fuel efficiency. They also reduce the maintenance of the aircraft.  

Based on type, the roller bearing segment is likely to have a huge demand due to the application of roller bearings in maximum parts of aircraft and positive demand outlook for aircraft in the future. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to factors such as increasing air passenger traffic and companies venturing into aircraft manufacturing in the region. 

Some of the key players profiled in the Aerospace Bearings Market include AST Bearings LLC, Aurora Bearing Company, Enpro Industries Inc (GGB Bearings Technology), JTEKT Corporation, Kaman Corporation, National Precision Bearing, New Hampshire Ball Bearings Inc, NSK Ltd, NTN Corporation, Pacamor Kubar Bearings, RBC Bearings Inc, Regal Beloit Corporation, Rexnord Corporation, Schaeffler Group, SKF Group and The Timken Company. 

Materials Covered:
• Aluminum Alloys
• Ceramics
• Engineered Plastics
• Fiber-Reinforced Composites
• Metal-Backed
• Stainless Steel

Aircraft Types Covered:
• Business Jet
• Fighter Jet
• Fixed Wing Aircraft
• Helicopter
• Narrow Body Aircraft
• Regional Transport Aircraft
• Rotary Wing Aircraft
• Very Large Aircraft
• Wide Body Aircraft    

Types Covered:
• Ball Bearing
• Needle Bearings
• Plain Bearing
• Thrust Bearings
• Roller Bearing

Sales Channels Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

Applications Covered:
• Aerostructure
• Engine
• Flight Control System
• Hydraulic Fuel Pumps
• Interiors
• Landing Gear
• Other Applications    

End Users Covered:
• Aircraft
• Helicopter
• Space

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary      
        
2 Preface       

 2.1 Abstract      
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology    
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
        
3 Market Trend Analysis     
 3.1 Introduction     
 3.2 Drivers      
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats      
 3.6 Application Analysis    
 3.7 End User Analysis     
 3.8 Emerging Markets     
 3.9 Impact of Covid-19     
        
4 Porters Five Force Analysis     

 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
        
5 Global Aerospace Bearings Market, By Material   
 5.1 Introduction     
 5.2 Aluminum Alloys     
 5.3 Ceramics      
 5.4 Engineered Plastics     
 5.5 Fiber-Reinforced Composites    
 5.6 Metal-Backed     
 5.7 Stainless Steel     
        
6 Global Aerospace Bearings Market, By Aircraft Type  
 6.1 Introduction     
 6.2 Business Jet     
 6.3 Fighter Jet     
 6.4 Fixed Wing Aircraft     
 6.5 Helicopter     
 6.6 Narrow Body Aircraft    
 6.7 Regional Transport Aircraft    
 6.8 Rotary Wing Aircraft    
 6.9 Very Large Aircraft     
 6.10 Wide Body Aircraft     
        
7 Global Aerospace Bearings Market, By Type   

 7.1 Introduction     
 7.2 Ball Bearing     
 7.3 Needle Bearings     
 7.4 Plain Bearing     
 7.5 Thrust Bearings     
 7.6 Roller Bearing     
  7.6.1 Cylindrical Roller Bearings   
  7.6.2 Needle Roller Bearings   
  7.6.3 Self-Aligning Roller Bearings   
  7.6.4 Tapered Roller Bearings   
        
8 Global Aerospace Bearings Market, By Sales Channel  
 8.1 Introduction     
 8.2 Aftermarket     
 8.3 Original Equipment Manufacturer (OEM)   
        
9 Global Aerospace Bearings Market, By Application   
 9.1 Introduction     
 9.2 Aerostructure     
 9.3 Engine      
 9.4 Flight Control System    
 9.5 Hydraulic Fuel Pumps    
 9.6 Interiors      
 9.7 Landing Gear     
 9.8 Other Applications     
  9.8.1 Turbo Fans    
  9.8.2 Turbo Jets    
  9.8.3 Turbo Shafts    
        
10 Global Aerospace Bearings Market, By End User   
 10.1 Introduction     
 10.2 Aircraft      
 10.3 Helicopter     
 10.4 Space      
        
11 Global Aerospace Bearings Market, By Geography   
 11.1 Introduction     
 11.2 North America     
  11.2.1 US     
  11.2.2 Canada     
  11.2.3 Mexico     
 11.3 Europe      
  11.3.1 Germany     
  11.3.2 UK     
  11.3.3 Italy     
  11.3.4 France     
  11.3.5 Spain     
  11.3.6 Rest of Europe    
 11.4 Asia Pacific     
  11.4.1 Japan     
  11.4.2 China     
  11.4.3 India     
  11.4.4 Australia     
  11.4.5 New Zealand    
  11.4.6 South Korea    
  11.4.7 Rest of Asia Pacific    
 11.5 South America     
  11.5.1 Argentina    
  11.5.2 Brazil     
  11.5.3 Chile     
  11.5.4 Rest of South America   
 11.6 Middle East & Africa    
  11.6.1 Saudi Arabia    
  11.6.2 UAE     
  11.6.3 Qatar     
  11.6.4 South Africa    
  11.6.5 Rest of Middle East & Africa   
        
12 Key Developments      
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 12.2 Acquisitions & Mergers    
 12.3 New Product Launch    
 12.4 Expansions     
 12.5 Other Key Strategies    
        
13 Company Profiling      
 13.1 AST Bearings LLC     
 13.2 Aurora Bearing Company    
 13.3 Enpro Industries Inc (GGB Bearings Technology)  
 13.4 JTEKT Corporation     
 13.5 Kaman Corporation     
 13.6 National Precision Bearing    
 13.7 New Hampshire Ball Bearings Inc   
 13.8 NSK Ltd      
 13.9 NTN Corporation     
 13.10 Pacamor Kubar Bearings    
 13.11 RBC Bearings Inc     
 13.12 Regal Beloit Corporation    
 13.13 Rexnord Corporation    
 13.14 Schaeffler Group     
 13.15 SKF Group     
 13.16 The Timken Company    


List of Tables       
1 Global Aerospace Bearings Market Outlook, By Region (2018-2027) ($MN)
2 Global Aerospace Bearings Market Outlook, By Material (2018-2027) ($MN)
3 Global Aerospace Bearings Market Outlook, By Aluminum Alloys (2018-2027) ($MN)
4 Global Aerospace Bearings Market Outlook, By Ceramics (2018-2027) ($MN)
5 Global Aerospace Bearings Market Outlook, By Engineered Plastics (2018-2027) ($MN)
6 Global Aerospace Bearings Market Outlook, By Fiber-Reinforced Composites (2018-2027) ($MN)
7 Global Aerospace Bearings Market Outlook, By Metal-Backed (2018-2027) ($MN)
8 Global Aerospace Bearings Market Outlook, By Stainless Steel (2018-2027) ($MN)
9 Global Aerospace Bearings Market Outlook, By Aircraft Type (2018-2027) ($MN)
10 Global Aerospace Bearings Market Outlook, By Business Jet (2018-2027) ($MN)
11 Global Aerospace Bearings Market Outlook, By Fighter Jet (2018-2027) ($MN)
12 Global Aerospace Bearings Market Outlook, By Fixed Wing Aircraft (2018-2027) ($MN)
13 Global Aerospace Bearings Market Outlook, By Helicopter (2018-2027) ($MN)
14 Global Aerospace Bearings Market Outlook, By Narrow Body Aircraft (2018-2027) ($MN)
15 Global Aerospace Bearings Market Outlook, By Regional Transport Aircraft (2018-2027) ($MN)
16 Global Aerospace Bearings Market Outlook, By Rotary Wing Aircraft (2018-2027) ($MN)
17 Global Aerospace Bearings Market Outlook, By Very Large Aircraft (2018-2027) ($MN)
18 Global Aerospace Bearings Market Outlook, By Wide Body Aircraft (2018-2027) ($MN)
19 Global Aerospace Bearings Market Outlook, By Type (2018-2027) ($MN) 
20 Global Aerospace Bearings Market Outlook, By Ball Bearing (2018-2027) ($MN)
21 Global Aerospace Bearings Market Outlook, By Needle Bearings (2018-2027) ($MN)
22 Global Aerospace Bearings Market Outlook, By Plain Bearing (2018-2027) ($MN)
23 Global Aerospace Bearings Market Outlook, By Thrust Bearings (2018-2027) ($MN)
24 Global Aerospace Bearings Market Outlook, By Roller Bearing (2018-2027) ($MN)
25 Global Aerospace Bearings Market Outlook, By Cylindrical Roller Bearings (2018-2027) ($MN)
26 Global Aerospace Bearings Market Outlook, By Needle Roller Bearings (2018-2027) ($MN)
27 Global Aerospace Bearings Market Outlook, By Self-Aligning Roller Bearings (2018-2027) ($MN)
28 Global Aerospace Bearings Market Outlook, By Tapered Roller Bearings (2018-2027) ($MN)
29 Global Aerospace Bearings Market Outlook, By Sales Channel (2018-2027) ($MN)
30 Global Aerospace Bearings Market Outlook, By Aftermarket (2018-2027) ($MN)
31 Global Aerospace Bearings Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
32 Global Aerospace Bearings Market Outlook, By Application (2018-2027) ($MN)
33 Global Aerospace Bearings Market Outlook, By Aerostructure (2018-2027) ($MN)
34 Global Aerospace Bearings Market Outlook, By Engine (2018-2027) ($MN)
35 Global Aerospace Bearings Market Outlook, By Flight Control System (2018-2027) ($MN)
36 Global Aerospace Bearings Market Outlook, By Hydraulic Fuel Pumps (2018-2027) ($MN)
37 Global Aerospace Bearings Market Outlook, By Interiors (2018-2027) ($MN)
38 Global Aerospace Bearings Market Outlook, By Landing Gear (2018-2027) ($MN)
39 Global Aerospace Bearings Market Outlook, By Other Applications (2018-2027) ($MN)
40 Global Aerospace Bearings Market Outlook, By Turbo Fans (2018-2027) ($MN)
41 Global Aerospace Bearings Market Outlook, By Turbo Jets (2018-2027) ($MN)
42 Global Aerospace Bearings Market Outlook, By Turbo Shafts (2018-2027) ($MN)
43 Global Aerospace Bearings Market Outlook, By End User (2018-2027) ($MN)
44 Global Aerospace Bearings Market Outlook, By Aircraft (2018-2027) ($MN)
45 Global Aerospace Bearings Market Outlook, By Helicopter (2018-2027) ($MN)
46 Global Aerospace Bearings Market Outlook, By Space (2018-2027) ($MN) 
        
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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