Current Business Affairs Global Aerospace Bearings Market 2018

Global Aerospace Bearings Market Trends, Analysis, and Forecast
To 2025
The bearings fitted in aircraft and aerospace systems that includes military, commercial, private, or space applications
are referred to as aerospace bearings. The materials used in aerospace bearings include the corrosion resistant
AMS5930, silicon nitride (ceramic), M50 tool steel (AMS6491), 440C stainless steel, carbon chrome steel (AMS6444), and
titanium carbide-coated 440C. However, material specification, non-destructive testing and to the traceability of the
bearing are paid special attention. The traceability of the bearing includes documents that help an engineer to trace a
bearing, back to its manufacturing batch as well as material supply.
The global aerospace bearings market can be classified based on type, material, application, aircraft type and region. By
type, the global market is classified into roller, ball, and others. Depending upon material, it is segmented into stainless
steel, fiber-reinforced composites, metal-backed, engineered plastics, aluminum alloys, and others. As per application,
the global aerospace bearings market is divided into landing gear, engine, flight control system, aero structure, and
others. Based on aircraft type, the global market is divided into wide body aircraft, narrow body aircraft, regional
transport aircraft, business jet, very large aircraft, fighter jet, helicopter, and others.
Among the market segments, the roller segment is expected to grow at a swift rate during the forecast period because
of the usage of roller bearings in majority of parts of an aircraft, which will be flanked by rise in demand for aircraft in
the future. Among material, the fiber-reinforced composites segment is anticipated to grow at the highest rate as fiber-
reinforced composites have greater self-lubricating and load carrying capacity leading to an increased reliability of
bearings under harsh conditions.
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The global aerospace bearings market is expected to garner maximum revenue in the forecast period. Factors such as
rise in the number of aircraft deliveries and up gradation of aircraft to lessen operating cost, high demand for aerospace
bearings from commercial as well as defense aviation sectors, technological innovations leading to demand for high
performance aerospace bearings are expected to fuel the growth of aerospace bearings market. However, backlogs in
current aircraft orders will hamper the growth of aerospace bearings market.
Based on regions, the global aerospace bearings market is divided into North America, Europe, Asia-Pacific (APAC),
Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum