Aerospace Bearings Market Size, Growth, Trends, Forecast to 2022.

1. Aerospace Bearings Market Size, Growth, Trends, Forecast to 2022. According to Latest report "Aerospace Bearings Market Size by Type (Roller, Ball), Application (Landing Gear, Engine, Flight Control System, Aerostructure), Material (Stainless Steel, Fiber-Reinforced Composites, Engineered Plastics), Aircraft Type, and Region - Global Forecast to 2022", The aerospace bearings market was valued at USD 7.88 Billion in 2016 and is projected to reach USD 11.19 Billion by 2022, at a CAGR of 6.01% during the forecast period. Browse 65 market data tables and 79 figures spread through 172 pages and in-depth TOC on "Aerospace Bearings Market - Global Forecast to 2022" The increasing demand for aerospace bearings from commercial and defense aviation sectors, technological innovations that have created a demand for high performance aerospace bearings to operate in demanding environments, and increasing number of aircraft deliveries are the major factors driving the aerospace bearings market. Don’t Miss this Opportunity to Download Latest Sample Report on Aerospace Bearings Market. https://www.marketsandmarkets.com/requestsample.asp?id=1917 07655 “The engine application segment is expected to lead the aerospace bearings market during the forecast period” Based on application, the aerospace bearings market has been segmented into engine, landing gear, flight control system, aerostructure, and others. Bearings are extensively used in engines. With rise in air travel, the demand for aircraft is also expected to grow, thereby propelling the demand for bearings to be used in aircraft engines. “Based on type, the roller segment is projected to grow at the highest CAGR during the forecast period”

2. Based on type, the aerospace bearings market has been segmented into roller, ball, and others. The roller segment of the aerospace bearings market is projected to grow at the highest CAGR during the forecast period. This can be attributed to the application of roller bearings in maximum parts of an aircraft, which will be supported by an increased demand for aircraft in the future. “Based on material, the fiber-reinforced composites segment is projected to grow at the highest CAGR during the forecast period” Based on material, the aerospace bearings market has been segmented into metal-backed, fiber-reinforced composites, engineered plastics, aluminum alloys, stainless steel, and others. The fiber-reinforced composites segment is projected to grow at the highest CAGR during the forecast period. Fiber- reinforced composites have greater load carrying and self-lubricating capacity resulting in increased reliability of bearings under harsh conditions, thus leading to its higher demand. Download Free PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=19170 7655 “North America to lead the aerospace bearings market during the forecast period” The aerospace bearings market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. Rapid growth of the Asia-Pacific aerospace bearings market can be attributed to increasing air passenger traffic in emerging economies in the region. Aircraft manufacturers in countries such as Russia, Japan, and China are entering the global market with modernized and high-tech aircraft, thus fueling the aerospace bearings market in the region. Major players in this market are SKF Group (Sweden), The Timken Company (U.S.), GGB Bearings Technology (U.S.), JTEKT Corporation (Japan), and RBC Bearings Inc. (U.S.), among others. Objectives of the Study: Objectives of this study are to analyze the aerospace bearings market, along with statistics from 2016 to 2022 as well as to define, describe, and forecast the aerospace bearings market on the basis of type (roller, ball, and others), material (stainless steel, fiber-reinforced composites, metal-backed, aluminum alloys, engineered plastics, and others), application (engine,

3. landing gear, flight control system, aerostructure, and others), and aircraft type (wide body aircraft, narrow body aircraft, very large aircraft, regional transport aircraft, business jet, fighter jet, helicopter, and others). These segments and subsegments have been mapped across major regions, namely, North America, Europe, Asia–Pacific, and the Rest of the World. The report provides in-depth market intelligence regarding market dynamics and major factors influencing the growth of the aerospace bearings market (drivers, restraints, opportunities, and industry-specific challenges), along with an analysis of micromarkets with respect to individual growth trends, future prospects, and their contribution to the aerospace bearings market. The report also covers competitive developments such as partnerships, joint ventures, mergers, new product launches and developments, and research & development activities in the aerospace bearings market, in addition to business and corporate strategies adopted by the key market players.