Aerospace Bearings Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Aerospace Bearings Market Size and it is segmented by platform, product type, application, and geography. By platform, the market is segmented into fixed-wing, rotary-wing, and UAVs. By product type, the market has been segmented into plain bearings, ball bearings, roller screws, and ball screws. By application, the market has been segmented by the engine, aerostructures, landing gear, and others. By geography, the market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Rest of Middle East and Africa. The report also covers market sizes and forecasts of different geographical regions. Moreover, the report offers a market forecast and is represented by USD million.

Aerospace Bearing Market Size

Aerospace Bearing Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 6.50 %
Fastest Growing Market North America
Largest Market Asia-Pacific
Market Concentration Medium

Major Players

Aerospace Bearing Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Aerospace Bearing Market Analysis

The aerospace bearings market is anticipated to grow at a CAGR of 6.5% during the forecast period.

The pandemic led to various governments imposing stringent regulations and banning the import and export of raw materials, which led to a sudden downfall regarding the valuable parts needed for the manufacturing of aerospace bearing systems. Additionally, manufacturers in various nations were forced to shut down their businesses wholly or partially due to the global lockdown. Furthermore, the pandemic also led to delays in terms of activities as well as initiatives concerning the development of advanced bearing systems. The decline in the COVID-19 pandemic led various governments worldwide to ease up on the stringent regulations which were in place and open up the borders, which led to a free flow of trade and availability of raw materials, parts, and components for manufacturers to resume production and meet the increasing aerospace bearing procurement demand. Thus, this will lead to the market growing steadily in the years to come.

Aerospace bearings require proper care and maintenance for their long run operation. They are crucial to ensure the correct application and installation of aerospace bearings to extend their lifespan. Changing government policies & regulations pertaining to emission standards and climate change goals will also hinder aerospace bearings production in the near term. Moreover, automation, along with condition monitoring and remanufacturing digital services, will reduce scrap rates, increasing energy efficiency and environmental benefits.

Since the past few decades, aerospace bearing has witnessed significant evolvement. The earlier focus on providing lightweight, durable, and reliable bearings has given way to the development of advanced composite-based bearings. Moreover, the newer generation of aerospace bearings is made of various advanced features such as reduction in the weight as well as the space occupied, which enables for minimalistic friction as well as noise, thereby leading to the decrease in terms of maintenance costs of the aerospace bearings. Moreover, such features shall help to increase the efficiency of the bearings and thus help the bearings to operate at minimal costs, thereby leading to growth in the market.

Aerospace Bearing Market Trends

This section covers the major market trends shaping the Aerospace Bearing Market according to our research experts:

Ball Bearings Segment is Expected to Witness Significant Growth During the Forecast Period

The Ball Bearing segment is expected to witness significant growth during the forecast period. Ball bearing types are used extensively throughout aircraft airframe and engine design. Aerospace ball bearings are the most versatile, well-studied/engineered, and manufactured of the bearing types. The growth in this segment can be attributed to various features of ball bearings, such as low-friction and high-durability bearings, which are much more suitable in the aviation sector. Aerospace ball bearings are used in multiple applications such as air circulation systems, electronic engine-powered control units, fuel supply, air conditioning, satellite switching elements, navigation tools, cargo, supply stations, antennae and sun protector systems, pressure regulating systems, and measuring and controlling systems.

Aerospace deep groove ball bearings are usually charged with a pre-determined fill of military specification grease suitable for the application and environment in which the bearing operates. The aeroshell range of greases is generally considered the unofficial industry standard, with many grades and types delivering extremely wide temperature tolerances and high levels of stability when subjected to external contamination, such as water condensation, anti-icing fluid, etc. The amount or fill of grease given to each bearing is again application dependant. In the present scenario, companies such as GRW are engaged in providing aerospace ball bearings that fit all safety and quality regulations in the aviation and defense market. Thus, these developments will likely lead to growth in the market during the forecast period.

Aerospace Bearings Market, by Product Type, CAGR (%), 2022-2027

North America is Expected to Witness Significant Growth During the Forecast Period

The North American region is expected to witness significant growth during the forecast period. The development of the aerospace bearings market in the North American region is attributed to the presence of various aircraft OEMs and aircraft component manufacturers. Increasing military spending and procuring numerous military aviation aircraft by the North American region will also contribute to witnessing significant growth during the forecast period. An increase in the demand for new and reliable aerospace bearings and the number of relevant applications for aircraft assembly in the United States and Canada will also contribute to the market's growth in the long run. Various aerospace bearings manufacturers in the United States, such as Accurate Bushing Company, Federal-Mogul Corporation as well as MSC Industrial Supply Company, are engaged in the development of new advanced composite-based bearings with various advanced features such as reduction in weight as well as space occupied, which enables for minimalistic friction as well as noise thereby leading to the decrease in terms of maintenance costs and this will propel the growth of the market during the forecast period.

Aerospace Bearings Market, Growth Rate by Region, 2022-2027

Aerospace Bearing Industry Overview

Some of the most prominent players in the Aerospace Bearings Market are AST Bearings, Aurora Bearings, GGB Bearings Technology, JTEKT, and Kaman Speciality Bearings, among others. Various companies are now focused on growth strategies, including developing and launching new aerospace-bearing products, product approvals, and patents. Moreover, an expanded product portfolio of advanced aerospace-bearing solutions, as well as increased investments in R&D and strategic acquisitions, will be the key factors that will lead to these players dominating the market during the forecast period.

Aerospace Bearing Market Leaders

  1. AST Bearings

  2. Aurora bearings

  3. GGB Bearings Technology

  4. JTEKT

  5. Kaman Speciality Bearings

*Disclaimer: Major Players sorted in no particular order

Aerospace Bearing Market Concentration
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Aerospace Bearing Market News

  • October 2022: the expertise of Marsh brothers Aviation has added to the low-weight appeal of dark aero composite kit craft. Conceived as a self-build solution similar to the kit car concept, the DarkAero 1 features a range of composite materials, with Marsh Brothers Aviation providing the Wisconsin-based aviators with composite bearings for three different applications for the soon-to-launch aircraft kit.
  • May 2022: Rolls Royce and Schaeffler announced they had entered a 12-year-old rolling bearing deal. Rolls-Royce is securing the rolling bearing supply chain until 2035 with Schaeffler's reliable products and leading manufacturing technologies. In contrast, Schaeffler is making an essential step in its growth initiative by supporting Rolls-Royce with innovative products, R&D excellence, and state-of-the-art manufacturing. The primary focus of the cooperation is on rolling bearing systems for aircraft engines in business aviation and widebody aircraft growth areas.

Aerospace Bearing Market Report - Table of Contents

  1. 1. Introduction

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. Research Methodology

  3. 3. Executive Summary

  4. 4. Market Dynamics

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. Market Segmentation

    1. 5.1 By Platform

      1. 5.1.1 Fixed-wing

      2. 5.1.2 Rotary Wing

      3. 5.1.3 UAVs

    2. 5.2 By Product Type

      1. 5.2.1 Plain bearings

      2. 5.2.2 Roller Bearings

      3. 5.2.3 Ball Bearings

      4. 5.2.4 Roller Screws

      5. 5.2.5 Ball Screws

    3. 5.3 By Application

      1. 5.3.1 Engine

      2. 5.3.2 Aero-Structures

      3. 5.3.3 Landing Gear

      4. 5.3.4 Other Application

    4. 5.4 By Geography

      1. 5.4.1 North America

        1. United States

        2. Canada

      2. 5.4.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. China

        2. India

        3. Japan

        4. Australia

        5. Rest of Asia-Pacific

      4. 5.4.4 Latin America

        1. Mexico

        2. Brazil

      5. 5.4.5 Middle East and Africa

        1. United Arab Emirates

        2. Saudi Arabia

        3. South Africa

        4. Rest of Middle East and Africa

  6. 6. Competitive Landscape

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profile

      1. 6.2.1 AST Bearings

      2. 6.2.2 Aurora Bearings

      3. 6.2.3 GGB Bearings Technology

      4. 6.2.4 JTEKT

      5. 6.2.5 Kaman Speciality Bearings

      6. 6.2.6 National Precision Bearings

      7. 6.2.7 New Hamphshire Ball bearings

      8. 6.2.8 August Steinmeyer GmbH

      9. 6.2.9 UmbraGroup

      10. 6.2.10 Kugel Aerospace and Defense

      11. 6.2.11 Thomson Industries Inc.

      12. 6.2.12 Beaver Aerospace and Defense Inc.

  7. 7. Market Opportunities and Future Trends

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Aerospace Bearing Industry Segmentation

An aerospace bearing is a component used to reduce the load and friction between the moving or rotating parts in an aircraft. Aerospace bearings help in reducing the axial as well as radial load and improve fuel efficiency. Moreover, aerospace bearings also help reduce the maintenance of aircraft. Different types of bearings, such as roller bearings, ball bearings, and plain bearings, are used for different applications.

Aerospace bearings are used in all types of aircraft, including narrow-body aircraft, wide-body aircraft, freighters, and regional jets. A bearing in an airplane is primarily used to reduce the radial and axial force directly applied to shafts. Aerospace bearings also facilitate easy movement of doors, seats, flight control components, and engine management systems without any failure.

The aerospace bearings market is segmented by platform, product type, application, and geography. The market is segmented by platform: fixed-wing, rotary-wing, and UAV. By product type, the market is segmented by plain bearings, roller bearings, ball bearings, roller screws, and ball screws. By application, the market is segmented into the engine, aero structures, landing gear, and others. The report also covers market sizes and forecasts of different geographical regions. Moreover, the report offers a market forecast represented by USD million. Furthermore, the report includes vital statistics on the market status of leading market players and provides key trends and opportunities in the aerospace bearing market.

By Platform
Rotary Wing
By Product Type
Plain bearings
Roller Bearings
Ball Bearings
Roller Screws
Ball Screws
By Application
Landing Gear
Other Application
By Geography
North America
United States
United Kingdom
Rest of Europe
Rest of Asia-Pacific
Latin America
Middle East and Africa
United Arab Emirates
Saudi Arabia
South Africa
Rest of Middle East and Africa
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Aerospace Bearing Market Research FAQs

The Aerospace Bearing Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029)

AST Bearings, Aurora bearings, GGB Bearings Technology , JTEKT and Kaman Speciality Bearings are the major companies operating in the Aerospace Bearing Market.

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia-Pacific accounts for the largest market share in Aerospace Bearing Market.

The report covers the Aerospace Bearing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Aerospace Bearing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Aerospace Bearing Industry Report

Statistics for the 2024 Aerospace Bearing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Aerospace Bearing analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Aerospace Bearings Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)