Aerospace Bearings Market Projected to Witness a Double-Digit CAGR During 2021-2026

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Presents a Research Report on Aerospace Bearings
Market
The report on the Aerospace Bearings Market is
segmented By Bearing Type (Ball Bearing Angular
Contact Ball Bearing and Deep Groove Ball
Bearing, Roller Bearing Tapered Roller Bearing,
Spherical Roller Bearing, Cylindrical Roller
Bearing, and Others, and Plain Bearing), by
Material Type (Metallic Bearings, Non-Metallic
Bearings, and Hybrid Bearings), by Platform
Type (Commercial Aircraft, Regional Aircraft,
General Aviation, Military Aircraft, Helicopter,
and UAV), by Application Type (Engine
Transmission, Flight Control System, Landing
Gear, Airframe, Auxiliary System, EOTS, and
Others), by End-User Type (OE and Aftermarket),
and by Region (North America, Europe,
Asia-Pacific, and Rest of the World)


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The Aerospace Bearings Market Highlights Drivers
The lift of Boeings B737Max in October 2020,
gradual opening up of travel restrictions,
rebounding aircraft deliveries, and Airbus
significantly healed revenue (reaping profit in
Q1 2020 as opposed to grave loss in Q1 2020) are
among the few key factors signaling
towards healthy and quick recuperation, helping
the market to grow at a CAGR of 7.8 during
2021-2026 to reach the figure of US 1.9 Billion
in 2026.

• Market Insight
• By Bearing Type
• Based on the bearing type, the market is
  segmented as ball bearing, roller bearing, and
  plain bearing. Ball bearings are further
  classified as angular contact ball bearing, and
  deep groove ball bearing. Similarly, roller
  bearings are further classified as tapered roller
  bearings, cylindrical roller bearings, spherical
  roller bearings, and others. 
• Ball bearings are expected to remain the larger
  segment of the market during the forecast
  period, owing to their extensive usage throughout
  the airframe and engine assemblies.

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Market Insight Competitive Insights

• By Region
• In terms of regions, North America is expected to
  remain the largest market over the next five
  years. The USA is the growth engine of the
  regions market with the presence of major
  aircraft OEMs, tier players, and raw material
  suppliers. Most of the bearing suppliers have
  their presence in the region to address the
  demand from OEMs tirelessly.
• On the other side, Asia-Pacific is likely to mark
  the fastest recovery during the study
  period, owing to the growing volume of aircraft
  fleet to support rising passenger traffic the
  opening of assembly plants of Boeing and Airbus
  for multiple aircraft programs in China global
  migration of MRO markets from west to east due to
  lower cost and upcoming aircraft programs such
  C919.
• Key Players
• AB SKF
• JTEKT Corporation
• MinebeaMitsumi Group
• NSK Ltd.
• NTN Corporation
• RBC Bearings Incorporated
• Schaeffler Technologies AG Co. KG
• The Timken Company
• LYC Bearing Corporation
• Harbin Bearing Manufacturing Co.

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Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
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with high emphasis on primary research and
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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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