Aerospace Bearing Market By Bearing Type (Ball Bearings, Roller Bearings, Plain Bearings, Spherical Bearings, Tapered Bearings); By Application (Engine Components, Landing Gear, Flight Control Systems, Airframe, Avionics, Others [Actuators, Auxiliary Systems]); By Material (Metal Bearings [Steel, Titanium, Aluminum], Hybrid Bearings [Ceramic and Metal], Composite Bearings); By Aircraft Type (Commercial Aircraft, Military Aircraft, Business Jets, Helicopters, Unmanned Aerial Vehicles [UAVs]); By Geography, Segment revenue estimation, Forecast, 2024-2032.

The aerospace bearing market was worth USD 12.5 billion in 2023 and will be worth USD 16.58 billion by 2030, growing at a CAGR of 3.6% during the forecast period.

 

The aerospace bearing market is growing due to increased demand for energy-efficient aircraft, rising traffic congestion, and the requirement for developing new materials to withstand high physical pressure. Aircraft components include engine bearings, gearings, and control surfaces, which must be highly rated for heat resistance and stress loading. For instance, in 2023, SKF company launched a new series of aerospace hybrid bearings that incorporate the help of superior ceramic materials to decrease the frictional force and enhance the toughness, subsequently increasing the fuel economy. The need for modern bearings will likely increase in the airborne industry as airline companies and manufacturers seek to cut operating expenses and enhance safety.

 

The aerospace bearing market is a vast opportunity to grow due to the high demand for bearings with low weight and high performance for enhancing fuel efficiency and low maintenance bearings. The current aerospace industry in the world is expected to need more than 43,000 new airplanes by the year 2040, opening a big opportunity for bearing manufacturers. High demands for bearings are arising due to the transition to electric and hybrid planes, where bearings have to work under higher speeds and conditions. In 2022, the company also introduced new applications of advanced ceramic and hybrid bearings necessary for the design of new-generation aircraft with low abrasion and frictional forces. However, as aerospace manufacturers incorporate composite materials and 3D-printed parts into their product designs, new opportunities exist in bearing technologies, and the market is continually advancing.

 

 

Market Segmentation

By Bearing Type:

• Ball Bearings

• Roller Bearings

• Plain Bearings

• Spherical Bearings

• Tapered Bearings

 

By Application:

• Engine Components

• Landing Gear

• Flight Control Systems

• Airframe

• Avionics

• Others (Actuators, Auxiliary Systems)

 

By Material:

• Metal Bearings (Steel, Titanium, Aluminum)

• Hybrid Bearings (Ceramic and Metal)

• Composite Bearings

 

By Aircraft Type:

• Commercial Aircraft

• Military Aircraft

• Business Jets

• Helicopters

• Unmanned Aerial Vehicles (UAVs)

 

By Region

North America

• US

• Mexico

• Canada

• Rest of North America

 

Europe

• Switzerland

• Russia

• France

• Germany

• U.K

• Finland

• Turkey

• Netherlands

• Belgium

• Spain

• Italy

• Rest of Europe

 

Asia Pacific

• India

• China

• South Korea

• Japan

• Singapore

• Thailand

• Indonesia

• Malaysia

• Philippines

• Australia

• Rest of Asia-Pacific

 

LAMEA

• Brazil

• Argentina

• Uruguay

• Saudi Arabia

• Rest of LAMEA

 

Segment Analysis of the Aerospace Bearing Market

By Bearing Type:

Leading Segment: Ball Bearings

Ball bearings hold the largest market share of approximately 40% due to their versatility and extensive application across all major aerospace systems, including engines, landing gear & flight control systems. Their low friction, high precision & reliability make them a preferred choice. Companies like SKF & Timken are leaders in this space, offering innovative ball bearings designed to withstand extreme conditions in aerospace applications.

Fastest-Growing Segment: Spherical Bearings

Spherical bearings are growing at a CAGR of 8.5%, driven by their increasing use in engine components & airframe structures, where they absorb misalignment & heavy loads effectively. Aurora Bearing has developed advanced spherical bearings tailored for military & commercial aircraft, further boosting adoption.

 

By Application:

Leading Segment: Engine Components

Engine components dominate the market with a share exceeding 35%, as bearings play a critical role in ensuring the efficiency & longevity of aircraft engines. Bearings used in engines, such as ball & roller types, are designed to operate under high-temperature and high-stress conditions. Rolls-Royce and Pratt & Whitney are key players utilizing advanced bearings in their engine designs.

Fastest-Growing Segment: Landing Gear

Landing gear is growing at a CAGR of 9%, attributed to the increasing demand for durable & lightweight bearings to handle extreme loads during takeoff & landing. Companies like NTN Corporation supply bearings specifically designed for landing gear systems in commercial & military aircraft.

 

By Material:

Leading Segment: Metal Bearings

Metal bearings, particularly those made of steel & titanium, account for almost 50% of the market share because of their high durability & resistance to wear & tear. These materials are widely used in critical systems like engines & airframes. For example, Boeing incorporates steel and titanium bearings to ensure long service life in their aircraft.

Fastest-Growing Segment: Hybrid Bearings

Hybrid bearings, combining ceramic and metal materials, are expanding at a CAGR of 10%, driven by their superior properties, such as reduced weight, increased resistance to heat & lower maintenance requirements. CeramicSpeed is one of the leading innovators in hybrid bearings, supplying components for both commercial and military aircraft.

 

By Aircraft Type:

Leading Segment: Commercial Aircraft

Commercial aircraft account for 45% of the market share due to the growing global fleet and increasing air passenger traffic. With companies like Airbus and Boeing ramping up production of fuel-efficient aircraft, the demand for advanced bearings has surged. Bearings in this segment are designed to reduce drag and improve overall aircraft efficiency.

Fastest-Growing Segment: Unmanned Aerial Vehicles (UAVs)

The UAV segment is witnessing a CAGR of 11%, fueled by growing applications in surveillance, logistics & military operations. Bearings for UAVs are designed for lightweight and compact systems to maximize efficiency. For example, SKF has developed specialized bearings for UAV propulsion systems, enhancing performance and durability.

 

By Region:

Leading Region: North America

North America leads the market with a share of over 40%, driven by the presence of major aerospace manufacturers such as Boeing, Lockheed Martin & Raytheon. The region’s strong focus on R&D and advanced manufacturing capabilities has boosted the adoption of high-performance aerospace bearings.

Fastest-Growing Region: Asia Pacific

Asia Pacific is the fastest-growing region, with a CAGR of 10.2%, owing to the expansion of commercial aviation in countries like China and India and increasing defense budgets. For example, COMAC's C919 commercial aircraft program has spurred demand for locally manufactured bearings, while imports of high-end components continue to grow.

 

Key Players

• SKF Group

• The Timken Company

• NSK Ltd.

• Rexnord Corporation

• Schaeffler Group

• JTEKT Corporation

• AST Bearings

• NTN Corporation

• NHBB (New Hampshire Ball Bearings, Inc.)

• RBC Bearings Incorporated

 

Aerospace Bearing Market Report Coverage

Report Attribute	Details
Forecast Period	2023 – 2030
Market Size Value in 2023	USD 12.5 billion
Revenue Forecast in 2030	USD 16.58 billion
Overall Growth Rate	CAGR of 3.6%
Base Year for Estimation	2022
Historical Data	2017 – 2021
Unit	USD Billion, CAGR (2023 - 2030)
Segmentation	By Bearing Type, By Application, By Material, By Aircraft Type, By Region
By Bearing Type	Ball Bearings, Roller Bearings, Plain Bearings, Spherical Bearings, Tapered Bearings
By Application	Engine Components, Landing Gear, Flight Control Systems, Airframe, Avionics, Others (Actuators, Auxiliary Systems)
By Material	Metal Bearings (Steel, Titanium, Aluminum), Hybrid Bearings (Ceramic and Metal), Composite Bearings
By Aircraft Type	Commercial Aircraft, Military Aircraft, Business Jets, Helicopters, Unmanned Aerial Vehicles (UAVs)
By Region	North America, Europe, Asia-Pacific, LAMEA
Country Scope	US, Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Australia, etc.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.