Aerospace Bearings Market is Forecasted to Reach US$2.6 Billion in 2032, Says Stratview Research

Stratview Research, a global market research firm has launched a report on the global aerospace bearings market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics

Market Size in 2024: US$1.8 billion

Market Size in 2032: US$2.6 billion

Growth (CAGR): 4.46% during 2025-2032

Leading Bearing Type: Ball Bearings

Leading Material Type: Metallic Bearings

Leading Platform Type: Commercial Aircraft

Leading Application Type: Engine & Transmission

Leading Region: North America

Forecast Period: 2025-2032

Trend Period: 2019-2023

Base Year: 2024

Number of Segments Covered: 4

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Aerospace Bearings Market:

The global aerospace bearings market is segmented based on Bearing type, Material type, Platform type, Application type, and Region.

Based on Bearing Type –

The market is segmented as ball bearing, roller bearing, and plain bearing. Ball bearings are further classified as angular contact ball bearings and deep groove ball bearings. Similarly, roller bearings are further classified as tapered roller bearings, cylindrical roller bearings, spherical roller bearings, and others. Ball bearings are expected to remain the larger segment of the market and it held a revenue share of more than 50% in 2024, owing to their extensive usage throughout the airframe and engine assemblies.

Based on the Application Type –

The market is segmented into engine & transmission, flight control system, landing gear, airframe, auxiliary system, EOTS, and others. Engine & Transmission is projected to be the leading segment of the market, and it held a revenue share of more than 20% in 2024. As engines and airplanes get lighter, faster, and more fuel-efficient, the operating temperature of engines continues to rise, creating a demand for high-temperature-resistant bearings (rated to operate close to 900 or more degrees Fahrenheit continually). The EOTS segment is gaining traction in the market given the rising popularity of the electro-optical targeting system (EOTS) in aerial warfare.

To know the most attractive segments, click here for a free sample of the report:

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

North America is expected to remain the largest market and it will hold a revenue share of more than 35% in 2024. The USA is the growth engine of the region’s market with the presence of major aircraft OEMs, tier players, and raw material suppliers. Most of the bearing suppliers have their presence in the region to address the demand from OEMs tirelessly. Asia-Pacific is likely to mark the fastest recovery during the study period, owing to the growing volume of aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus for multiple aircraft programs in China; global migration of MRO markets from west to east due to lower cost; and upcoming aircraft programs such as C919.

Aerospace Bearings Market Drivers:

Some of the key drivers listed in the report are given below.

-         The dynamic nature of the aerospace bearings market, which is being driven by evolving aircraft designs and technological advancements, is highlighted by these trends and insights.

-         The aerospace bearings market is dynamic, with a consistent upward trajectory. It's driven by factors like the expansion of the aviation industry, increased air travel, and the growing demand for satellites and space exploration. Furthermore, advancements in materials, rebounding aircraft deliveries, growing demand for lightweight yet strong aircraft components, and manufacturing techniques are enhancing bearing performance and durability.

-         Military Equipment Modernization Initiatives: Numerous nations are channeling investments into the modernization of their military aircraft and equipment. This encompasses upgrades to fighter jets, helicopters, and unmanned aerial vehicles (UAVs), all of which necessitate advanced aerospace bearings to enhance performance and durability.

Top Companies in the Aerospace Bearings Market:

The global market for Aerospace Bearings is highly concentrated, with the top four companies capturing a lion’s share. Apart from technological expertise and financial capabilities, the growth of companies is directly dependent on government support and overall industry conditions. Stratview Research has identified the following companies as the top market players:

-         AB SKF

-         JTEKT Corporation

-         MinebeaMitsumi Group

-         NSK Ltd.

-         NTN Corporation

-         RBC Bearings Incorporated

-         Schaeffler Technologies AG & Co. KG

-         The Timken Company

-         LYC Bearing Corporation

-         Harbin Bearing Manufacturing Co.

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the aerospace bearings market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

-      Aerospace Flight Control Systems Market

-      General Machinery Bearings Market

About us –

Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to make convincing business decisions.

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