According to a market report by Lucintel, the future of the global aerospace
bearing market looks promising with opportunities in
the landing gear, engine, flight control system, and aerostructure markets. The
global aerospace bearing market is expected to reach an estimated $19 billion
by 2030 with a CAGR of 7.6% from 2024 to 2030. The major drivers for this
market are increasing fleet of commercial and combat aircraft to drive the
aerospace bearings after market, greater emphasis on lightening vehicles,
expanding the space industry globally, along with developing new technologies,
and examining the effects of the green aerospace industry on supply chain
supplements.
A more than 150–page report is developed to understand Trends,
opportunity and forecast in aerospace bearing market to 2030 by material
(stainless steel, fiber-reinforced composites, engineered plastic, aluminum
alloy, metal backed, and others), type (ball bearings, roller bearings, and
others), sale channel (OEM and aftermarket), application (landing gear, engine,
flight control system, aerostructure, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
In this market, OEM and aftermarket are the major segments of aerospace
bearing market by sale channel. Lucintel forecasts that aftermarket is expected
to witness the highest growth over the forecast period due to increasing focus
on aircraft maintenance and the need for replacement parts.
Within this market, engine will remain the largest segment due to
advancements in aircraft engine technology.
Download sample by clicking on aerospace
bearing market.
APAC is expected to witness highest growth over the forecast period due
to increasing air traveler traffic and local businesses beginning to produce
airplanes in the region.
AST Bearings, Aurora Bearings, GGB Bearings Technology, and JTEKT are the
major suppliers in the aerospace bearing market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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