The report “Aerospace Bearings Market
by Type (Roller, Ball), Application (Landing Gear, Engine, Flight
Control System, Aerostructure), Material (Stainless Steel,
Fiber-Reinforced Composites, Engineered Plastics), Aircraft Type, and
Region – Global Forecast to 2022″, The aerospace bearings
market was valued at USD 7.88 Billion in 2016 and is projected to reach
USD 11.19 Billion by 2022, at a CAGR of 6.01% during the forecast
period.
• Download Informational PDF Brochure :-
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Browse 65 market data tables and 79 figures spread through 172 pages and in-depth TOC on “Aerospace Bearings Market – Global Forecast to 2022″
http://www.marketsandmarkets.com/Market-Reports/aerospace-bearing-market-191707655.html
Early buyers will receive 10% customization on reports.
The increasing demand for aerospace bearings from commercial and defense aviation sectors, technological innovations that have created a demand for high performance aerospace bearings to operate in demanding environments, and increasing number of aircraft deliveries are the major factors driving the aerospace bearings market.
“The engine application segment is expected to lead the aerospace bearings market during the forecast period”
Based on application, the aerospace bearings market has been segmented into engine, landing gear, flight control system, aerostructure, and others. Bearings are extensively used in engines. With rise in air travel, the demand for aircraft is also expected to grow, thereby propelling the demand for bearings to be used in aircraft engines.
“Based on type, the roller segment is projected to grow at the highest CAGR during the forecast period”
Based on type, the aerospace bearings market has been segmented into roller, ball, and others. The roller segment of the aerospace bearings market is projected to grow at the highest CAGR during the forecast period. This can be attributed to the application of roller bearings in maximum parts of an aircraft, which will be supported by an increased demand for aircraft in the future.
“Based on material, the fiber-reinforced composites segment is projected to grow at the highest CAGR during the forecast period”
Based on material, the aerospace bearings market has been segmented into metal-backed, fiber-reinforced composites, engineered plastics, aluminum alloys, stainless steel, and others. The fiber-reinforced composites segment is projected to grow at the highest CAGR during the forecast period. Fiber-reinforced composites have greater load carrying and self-lubricating capacity resulting in increased reliability of bearings under harsh conditions, thus leading to its higher demand.
“North America to lead the aerospace bearings market during the forecast period”
The aerospace bearings market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. Rapid growth of the Asia-Pacific aerospace bearings market can be attributed to increasing air passenger traffic in emerging economies in the region. Aircraft manufacturers in countries such as Russia, Japan, and China are entering the global market with modernized and high-tech aircraft, thus fueling the aerospace bearings market in the region.
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Major players in this market are SKF Group (Sweden), The Timken Company (U.S.), GGB Bearings Technology (U.S.), JTEKT Corporation (Japan), and RBC Bearings Inc. (U.S.), among others.
The report segments and analyzes the aerospace bearings market on the basis of application (engine, landing gear, flight control system, aerostructure, and others), type (roller, ball, and others), material (metal-backed, fiber-reinforced composites, engineered plastics, aluminum alloys, stainless steel, and others), aircraft type (narrow body aircraft, business jet, wide body aircraft, fighter jet, helicopter, regional transport aircraft, very large aircraft, and others), and maps these segments and subsegments across major regions of the world, namely, North America, Europe, Asia-Pacific, and the Rest of the World (comprising Latin America, Middle East, and Africa).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
• Download Informational PDF Brochure :-
http://www.marketsandmarkets.com/pdfdownload.asp?id=191707655
Browse 65 market data tables and 79 figures spread through 172 pages and in-depth TOC on “Aerospace Bearings Market – Global Forecast to 2022″
http://www.marketsandmarkets.com/Market-Reports/aerospace-bearing-market-191707655.html
Early buyers will receive 10% customization on reports.
The increasing demand for aerospace bearings from commercial and defense aviation sectors, technological innovations that have created a demand for high performance aerospace bearings to operate in demanding environments, and increasing number of aircraft deliveries are the major factors driving the aerospace bearings market.
“The engine application segment is expected to lead the aerospace bearings market during the forecast period”
Based on application, the aerospace bearings market has been segmented into engine, landing gear, flight control system, aerostructure, and others. Bearings are extensively used in engines. With rise in air travel, the demand for aircraft is also expected to grow, thereby propelling the demand for bearings to be used in aircraft engines.
“Based on type, the roller segment is projected to grow at the highest CAGR during the forecast period”
Based on type, the aerospace bearings market has been segmented into roller, ball, and others. The roller segment of the aerospace bearings market is projected to grow at the highest CAGR during the forecast period. This can be attributed to the application of roller bearings in maximum parts of an aircraft, which will be supported by an increased demand for aircraft in the future.
“Based on material, the fiber-reinforced composites segment is projected to grow at the highest CAGR during the forecast period”
Based on material, the aerospace bearings market has been segmented into metal-backed, fiber-reinforced composites, engineered plastics, aluminum alloys, stainless steel, and others. The fiber-reinforced composites segment is projected to grow at the highest CAGR during the forecast period. Fiber-reinforced composites have greater load carrying and self-lubricating capacity resulting in increased reliability of bearings under harsh conditions, thus leading to its higher demand.
“North America to lead the aerospace bearings market during the forecast period”
The aerospace bearings market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. Rapid growth of the Asia-Pacific aerospace bearings market can be attributed to increasing air passenger traffic in emerging economies in the region. Aircraft manufacturers in countries such as Russia, Japan, and China are entering the global market with modernized and high-tech aircraft, thus fueling the aerospace bearings market in the region.
• Ask Sample Report :- http://www.marketsandmarkets.com/requestsample.asp?id=191707655
Major players in this market are SKF Group (Sweden), The Timken Company (U.S.), GGB Bearings Technology (U.S.), JTEKT Corporation (Japan), and RBC Bearings Inc. (U.S.), among others.
The report segments and analyzes the aerospace bearings market on the basis of application (engine, landing gear, flight control system, aerostructure, and others), type (roller, ball, and others), material (metal-backed, fiber-reinforced composites, engineered plastics, aluminum alloys, stainless steel, and others), aircraft type (narrow body aircraft, business jet, wide body aircraft, fighter jet, helicopter, regional transport aircraft, very large aircraft, and others), and maps these segments and subsegments across major regions of the world, namely, North America, Europe, Asia-Pacific, and the Rest of the World (comprising Latin America, Middle East, and Africa).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
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