Lucintel Forecasts the Global Aerospace Bearing Market to Reach $19.2 billion by 2030
Lucintel Forecasts the Global Aerospace Bearing Market to Reach $19.2 billion by 2030
Blog Article
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 $19.2 billion by 2030 from $12.4 billion in 2023, at 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 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).
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.
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, JTEKT, Kaman Specialty
Bearings 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 To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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. +1-972-636-5056
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