The aerospace bearings market is projected to reach US$ 6436.48 million by 2028 from US$ 4290.64 million in 2021; it is expected to grow at a CAGR of 6.5% from 2022 to 2028.
The bearing used in aerospace applications is used in landing gear struts or shock absorbers, where they eliminate ladder cracking. The roller bearing is primarily used in aircraft engines. A minimum of two bearings support the main jet engine shafts. The ball bearing is used for turbine engines and transmissions for aerospace applications. The high load carrying sliding bearings are used for the gearbox mounting points. Double and single-row roller bearings with low friction and the lowest operational backlash are used for primary flight control systems, maintenance-free sliding bearings for secondary flight control systems, and slotted entry bearings for landing gear. Such wide scope application of bearings in aerospace applications in various sections is driving the aerospace bearings market growth.
According to the market forecast, the growing demand for aerospace bearings from the commercial and defense aviation sector, significant advancement in technology, growing count of aircraft, rise in the rate of urbanization, and increasing per capita disposable income are some of the prominent factors driving the demand for new aircraft production and thereby aiding the aerospace bearings market. Moreover, the rising usage of composite bearings capable of carrying heavy loads and self-actuating offers lucrative growth opportunities among aircraft manufacturers. This is due to the capability of carrying heavier loads than stainless steel and aluminum alloys bearing and providing a higher strength to weight ratio. Aircraft manufacturers and aircraft engine manufacturers heavily procure fiber-reinforced composites to deliver greater operational efficiency to their customers. These factors are driving the demand for bearings across the aerospace bearings market.
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Aerospace Bearings Market: Strategic Insights
Market Size Value in US$ 4290.64 million in 2021 Market Size Value by US$ 6436.48 million by 2028 Growth rate CAGR of 6.5% from 2022 to 2028. Forecast Period 2022-2028 Base Year 2022
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Aerospace Bearings Market: Strategic Insights
| Market Size Value in | US$ 4290.64 million in 2021 |
| Market Size Value by | US$ 6436.48 million by 2028 |
| Growth rate | CAGR of 6.5% from 2022 to 2028. |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Impact of COVID-19 Pandemic on Aerospace Bearings Market
Despite the economic downfall faced by European nations, a few countries, such as Germany and the Netherlands, allocated significant capital to their aerospace sector in 2020. In 2020, the region witnessed the grounding of aircraft, resulting in the retirement of older aircraft due to lack of maintenance, which increased the manufacturing of new aircraft. This negatively influenced the aerospace bearings market growth.
Due to the COVID-19 pandemic, several companies witnessed a reduction in aircraft demand. For instance, Airbus had to discontinue its production of several aircraft programs, and the company looked to hold underlying jet output at 40% below the pre-COVID-19-pandemic plans for two years. The A320 production rate dropped from an average of over 53 aircraft per month in 2019 to 40 aircraft per month in 2020. However, in 2021, Airbus increased the production to 47 A320neo jets per month. Moreover, European aerospace bearings market players received contracts for their solutions from global aircraft companies, which bolstered the aerospace bearings market since 2021.
Lucrative Regions for Aerospace Bearings Market
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Market Insights – Aerospace Bearings Market
The US, Canada, and Mexico are major economies of North America. Further, the high spending on the aerospace sector and demand for new aircraft drive the need for aerospace bearing in the region. North America has the presence of major aerospace bearing market players, such as AST Bearings, Aurora Bearing Company, National Bearing Precision, RBC Bearings Incorporated, and The Timken Company. Also, the region consists the presence of well-established aerospace bearing vendors. It also comprises helicopter, aircraft, and component manufacturing companies, such as Boeing, Airbus, Raytheon Technologies, Lockheed Martin, GE, Dassault, and Bell Helicopters, and the physical facilities of various aircraft components manufacturers, which are driving the demand for aerospace bearings in the region. All these factors mentioned above drive the aerospace bearings market growth in North America. In addition, North America has the presence of other market players, such as Accurate Bushing Company, Federal-Mogul Corporation, MSC Industrial Supply Co., MinebeaMitsumi Inc., Rexnord Aerospace, Kilian, VALLEY-TODECO, SPECLINE BEARINGS, KBC (Ritbearing Corporation) and Pacamor Kubar Bearings. These companies are generating a significant amount of revenue in the region, further contributing to the growth of the aerospace bearings market in North America.
Application-Based Insights
Based on application, the aerospace bearings market analysis is segmented into aircraft landing gear struts, hydraulic fuel pumps, flight control system, and others. The flight control system segment accounted for the largest market share of the aerospace bearings market in 2021, owing to growing commercial and military aircraft deployment. Moreover, the flight control system segment is projected to grow at a faster pace during the forecast period as well.
The aircraft shock struts convert a portion of the aircraft’s kinetic energy to heat, wherein the oleo struts absorb and dissipate forces associated with landing. There are various types of shock absorbers used in the aerospace industry. Oleo struts are a kind of fluid-spring shock absorber filled with gas, generally dry air or nitrogen, and hydraulic fluid. The landing gear struts absorb the shock that occurs when an aircraft lands to help achieve a smooth landing. Generally, two plain bearings are used as upper and lower bearings in the main landing gear structure, whereas a singular bearing is found in the nose landing gear. The increased use of composites and lightweight materials in the aircraft manufacturing process enables better fuel efficiency, leading to lower operating costs for airlines. Thus, such advancements in technology and advantageous features of bearings used in the aerospace industry for mid to large-sized aircraft are propelling the demand for landing gear strut segment. According to the market analysis the growing demand for commercial and military aircraft, along with an increasing number of aircraft deliveries, is driving the demand for landing gears, which is further expected to aid the aerospace bearings market growth for landing gear struts application over the forecast period.
The aerospace bearings market size is segregated on the basis of type, application, material, aircraft type, and geography. Based on type, the aerospace bearings market is segmented into ball bearings, roller bearings, needle bearings, thrust bearing, and other. Based on application, the aerospace bearings market is segmented into aircraft landing gear struts, hydraulic fuel pumps, flight control system, and others. Based on material, the aerospace bearings market is segmented into stainless steel, fiber-reinforced composites, engineered plastics, and others. On the basis of aircraft type, the global aerospace bearings market is categorized into fixed wing and rotary wing segment. Based on geography the global aerospace bearings market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). The top five key players operating in the global aerospace bearings market include Schaeffler Technologies AG, NTN Bearing Corporation, RBC Bearings, JTEKT Corporation, and GGB.
Players operating in the aerospace bearings market are mainly focused on the development of advanced and efficient products.
- In 2020, JTEKT Corporation announced the development of a long-life bearing with exceptional durability to prevent early bearing failure in low viscosity oil, which is projected to be used as a lubricant for automobile reduction gears in the future.
- In 2021, the National Precision Bearing Group of Mechatronics Inc, a leading provider of bearings, motion-related products, and engineered solutions to various sectors, announced the addition of Kamatics Specialty Bearings and Engineered Products to their product line. The Kamatics Products distribution agreement provides clients with precise bearing and drives solutions that outperform other traditional self-lubricating bearings and have been proven effective in the most demanding Aviation, Marine, and Industrial applications worldwide.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Application, Material, and Aircraft Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Aerospace bearings are used in entire aircraft, including aircraft wing systems, flight control, and interiors. Composite bearings are used in flight control systems and engines. It is also used in next-generation military aircraft applications. The increase in global aircraft production is anticipated to drive the demand for aerospace bearings promoting the market growth during the forecasted period.
The rise in commercial as well as air force aircrafts is driving the need for aerospace bearing market. Moreover, rise in the passengers traveling globally is also aiding the demand for new commercial aircrafts, which increases the aircraft production further propelling the demand for aerospace bearings that provides numerous opportunities for the aerospace bearing market. Also, the increasing production rate and deliveries of general aviation category of aircraft models is expected to generate huge opportunity for aerospace bearing market in the coming years.
The ball bearing segment led the aerospace bearing market with a dominating share in 2021. It is further expected to retain its dominance over the forecast period.
The aerospace bearing market was dominated by North America, with more than 37.9% share in 2021 and will continue to dominate the market till 2028.
The major companies in aerospace bearing market includes Schaeffler Technologies AG, NTN Bearing Corporation, JTEKT Corporation, AST Bearings, Aurora Bearing Company, MinebeaMitsumi Inc., RBC Bearings Incorporated, Rexnord Aerospace, Barden, and GGB.
The flight control system segment led the aerospace bearing market with 39.3% share in 2021. It is further expected to dominate the market over the forecast period.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Aerospace Bearings Market Landscape
4.1 Market Overview
4.2 Porter’s Five Force Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Aerospace Bearings Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Aerospace Composite Bearings
5.1.2 Aircraft Production Driving the Market Growth
5.2 Market Restraints
5.2.1 Downfall in Aircraft Production Forecast
5.3 Market Opportunities
5.3.1 Future Commercial and General Aircraft Deliveries
5.4 Future Trends
5.4.1 Rise in Defense Budget
5.5 Impact Analysis of Drivers and Restraints
6. Aerospace Bearings Market – Global Market Analysis
6.1 Aerospace Bearings Market Overview
6.2 Aerospace Bearings Market Forecast and Analysis
6.3 Market Positioning – Global Key Players
7. Aerospace Bearings Market Analysis – By Type
7.1 Overview
7.2 Aerospace Bearings Market, By Type (2021 And 2028)
7.3 Ball Bearings
7.3.1 Overview
7.3.2 Ball Bearings: Aerospace Bearings Market Revenue and Forecast To 2028 (US$ Million)
7.4 Roller Bearings
7.4.1 Overview
7.4.2 Roller Bearings: Aerospace Bearings Market Revenue and Forecast To 2028 (US$ Million)
7.5 Needle Bearings
7.5.1 Overview
7.5.2 Needle Bearings: Aerospace Bearings Market Revenue and Forecast To 2028 (US$ Million)
7.6 Thrust Bearings
7.6.1 Overview
7.6.2 Thrust Bearings: Aerospace Bearings Market Revenue and Forecast To 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Aerospace Bearings Market Revenue and Forecast To 2028 (US$ Million)
8. Global Aerospace Bearings Market Analysis – By Application
8.1 Overview
8.2 Aerospace Bearings Market, By Application (2021 And 2028)
8.3 Aircraft Landing Gear Struts
8.3.1 Overview
8.3.2 Aircraft Landing Gear Struts: Aerospace Bearings Market Revenue and Forecast To 2028 (US$ Million)
8.4 Hydraulic Fuel Pumps
8.4.1 Overview
8.4.2 Hydraulic Fuel Pumps: Aerospace Bearings Market Revenue and Forecast To 2028 (US$ Million)
8.5 Flight Control System
8.5.1 Overview
8.5.2 Flight Control System: Aerospace Bearings Market Revenue and Forecast To 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Aerospace Bearings Market Revenue and Forecast To 2028 (US$ Million)
9. Aerospace Bearing Market Analysis – By Material
9.1 Overview
9.2 Aerospace Bearing Market, By Material (2021 And 2028)
9.3 Stainless Steel
9.3.1 Overview
9.3.2 Stainless Steel: Aerospace Bearing Market Revenue and Forecast To 2028 (US$ Million)
9.4 Fiber-Reinforced Composites
9.4.1 Overview
9.4.2 Fiber-Reinforced Composites: Aerospace Bearing Market Revenue and Forecast To 2028 (US$ Million)
9.5 Engineered Plastics
9.5.1 Overview
9.5.2 Engineered Plastics: Aerospace Bearing Market Revenue and Forecast To 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Aerospace Bearing Market Revenue and Forecast To 2028 (US$ Million)
10. Global Aerospace Bearings Market Analysis – By Aircraft Type
10.1 Overview
10.2 Aerospace Bearings Market, By Aircraft Type (2021 and 2028)
10.3 Fixed Wing Aircraft
10.3.1 Overview
10.3.2 Fixed Wing Aircraft: Aerospace Bearings Market Revenue and Forecast To 2028 (US$ Million)
10.4 Rotary Wing Aircraft
10.4.1 Overview
10.4.2 Rotary Wing Aircraft: Aerospace Bearings Market Revenue and Forecast To 2028 (US$ Million)
11. Aerospace Bearings Market – Geographic Analysis
11.1 Overview
11.2 North America: Aerospace Bearing Market
11.2.1 North America: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.2.2 North America: Aerospace Bearing Market, By Type
11.2.3 North America: Aerospace Bearing Market, By Application
11.2.4 North America: Aerospace Bearing Market, By Material
11.2.5 North America: Aerospace Bearing Market, By Aircraft Type
11.2.6 North America: Aerospace Bearing Market, by Key Country
11.2.6.1 US: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.1.1 US: Aerospace Bearing Market, By Type
11.2.6.1.2 US: Aerospace Bearing Market, By Application
11.2.6.1.3 US: Aerospace Bearing Market, By Material
11.2.6.1.4 US: Aerospace Bearing Market, By Aircraft Type
11.2.6.2 Canada: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.2.1 Canada: Aerospace Bearing Market, By Type
11.2.6.2.2 Canada: Aerospace Bearing Market, By Application
11.2.6.2.3 Canada: Aerospace Bearing Market, By Material
11.2.6.2.4 Canada: Aerospace Bearing Market, By Aircraft Type
11.2.6.3 Mexico: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.3.1 Mexico: Aerospace Bearing Market, By Type
11.2.6.3.2 Mexico: Aerospace Bearing Market, By Application
11.2.6.3.3 Mexico: Aerospace Bearing Market, By Material
11.2.6.3.4 Mexico: Aerospace Bearing Market, By Aircraft Type
11.3 Europe: Aerospace Bearing Market
11.3.1 Europe: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.3.2 Europe: Aerospace Bearing Market, By Type
11.3.3 Europe: Aerospace Bearing Market, By Application
11.3.4 Europe: Aerospace Bearing Market, By Material
11.3.5 Europe: Aerospace Bearing Market, By Aircraft Type
11.3.6 Europe: Aerospace Bearing Market, by Key Country
11.3.6.1 Germany: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.1.1 Germany: Aerospace Bearing Market, By Type
11.3.6.1.2 Germany: Aerospace Bearing Market, By Application
11.3.6.1.3 Germany: Aerospace Bearing Market, By Material
11.3.6.1.4 Germany: Aerospace Bearing Market, By Aircraft Type
11.3.6.2 France: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.2.1 France: Aerospace Bearing Market, By Type
11.3.6.2.2 France: Aerospace Bearing Market, By Application
11.3.6.2.3 France: Aerospace Bearing Market, By Material
11.3.6.2.4 France: Aerospace Bearing Market, By Aircraft Type
11.3.6.3 Italy: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.3.1 Italy: Aerospace Bearing Market, By Type
11.3.6.3.2 Italy: Aerospace Bearing Market, By Application
11.3.6.3.3 Italy: Aerospace Bearing Market, By Material
11.3.6.3.4 Italy: Aerospace Bearing Market, By Aircraft Type
11.3.6.4 UK: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.4.1 UK: Aerospace Bearing Market, By Type
11.3.6.4.2 UK: Aerospace Bearing Market, By Application
11.3.6.4.3 UK: Aerospace Bearing Market, By Material
11.3.6.4.4 UK: Aerospace Bearing Market, By Aircraft Type
11.3.6.5 Russia: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.5.1 Russia: Aerospace Bearing Market, By Type
11.3.6.5.2 Russia: Aerospace Bearing Market, By Application
11.3.6.5.3 Russia: Aerospace Bearing Market, By Material
11.3.6.5.4 Russia: Aerospace Bearing Market, By Aircraft Type
11.3.6.6 Rest of Europe: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.6.1 Rest of Europe: Aerospace Bearing Market, By Type
11.3.6.6.2 Rest of Europe: Aerospace Bearing Market, By Application
11.3.6.6.3 Rest of Europe: Aerospace Bearing Market, By Material
11.3.6.6.4 Rest of Europe: Aerospace Bearing Market, By Aircraft Type
11.4 APAC: Aerospace Bearing Market
11.4.1 APAC: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.4.2 APAC: Aerospace Bearing Market, By Type
11.4.3 APAC: Aerospace Bearing Market, By Application
11.4.4 APAC: Aerospace Bearing Market, By Material
11.4.5 APAC: Aerospace Bearing Market, By Aircraft Type
11.4.6 APAC: Aerospace Bearing Market, by Key Country
11.4.6.1 Australia: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.1.1 Australia: Aerospace Bearing Market, By Type
11.4.6.1.2 Australia: Aerospace Bearing Market, By Application
11.4.6.1.3 Australia: Aerospace Bearing Market, By Material
11.4.6.1.4 Australia: Aerospace Bearing Market, By Aircraft Type
11.4.6.2 China: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.2.1 China: Aerospace Bearing Market, By Type
11.4.6.2.2 China: Aerospace Bearing Market, By Application
11.4.6.2.3 China: Aerospace Bearing Market, By Material
11.4.6.2.4 China: Aerospace Bearing Market, By Aircraft Type
11.4.6.3 India: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.3.1 India: Aerospace Bearing Market, By Type
11.4.6.3.2 India: Aerospace Bearing Market, By Application
11.4.6.3.3 India: Aerospace Bearing Market, By Material
11.4.6.3.4 India: Aerospace Bearing Market, By Aircraft Type
11.4.6.4 Japan: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.4.1 Japan: Aerospace Bearing Market, By Type
11.4.6.4.2 Japan: Aerospace Bearing Market, By Application
11.4.6.4.3 Japan: Aerospace Bearing Market, By Material
11.4.6.4.4 Japan: Aerospace Bearing Market, By Aircraft Type
11.4.6.5 South Korea: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.5.1 South Korea: Aerospace Bearing Market, By Type
11.4.6.5.2 South Korea: Aerospace Bearing Market, By Application
11.4.6.5.3 South Korea: Aerospace Bearing Market, By Material
11.4.6.5.4 South Korea: Aerospace Bearing Market, By Aircraft Type
11.4.6.6 Rest of APAC: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.6.1 Rest of APAC: Aerospace Bearing Market, By Type
11.4.6.6.2 Rest of APAC: Aerospace Bearing Market, By Application
11.4.6.6.3 Rest of APAC: Aerospace Bearing Market, By Material
11.4.6.6.4 Rest of APAC: Aerospace Bearing Market, By Aircraft Type
11.5 MEA: Aerospace Bearing Market
11.5.1 MEA: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.5.2 MEA: Aerospace Bearing Market, By Type
11.5.3 MEA: Aerospace Bearing Market, By Application
11.5.4 MEA: Aerospace Bearing Market, By Material
11.5.5 MEA: Aerospace Bearing Market, By Aircraft Type
11.5.6 MEA: Aerospace Bearing Market, by Key Country
11.5.6.1 South Africa: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.1.1 South Africa: Aerospace Bearing Market, By Type
11.5.6.1.2 South Africa: Aerospace Bearing Market, By Application
11.5.6.1.3 South Africa: Aerospace Bearing Market, By Material
11.5.6.1.4 South Africa: Aerospace Bearing Market, By Aircraft Type
11.5.6.2 Saudi Arabia: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.2.1 Saudi Arabia: Aerospace Bearing Market, By Type
11.5.6.2.2 Saudi Arabia: Aerospace Bearing Market, By Application
11.5.6.2.3 Saudi Arabia: Aerospace Bearing Market, By Material
11.5.6.2.4 Saudi Arabia: Aerospace Bearing Market, By Aircraft Type
11.5.6.3 UAE: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.3.1 UAE: Aerospace Bearing Market, By Type
11.5.6.3.2 UAE: Aerospace Bearing Market, By Application
11.5.6.3.3 UAE: Aerospace Bearing Market, By Material
11.5.6.3.4 UAE: Aerospace Bearing Market, By Aircraft Type
11.5.6.4 Rest of MEA: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.4.1 Rest of MEA: Aerospace Bearing Market, By Type
11.5.6.4.2 Rest of MEA: Aerospace Bearing Market, By Application
11.5.6.4.3 Rest of MEA: Aerospace Bearing Market, By Material
11.5.6.4.4 Rest of MEA: Aerospace Bearing Market, By Aircraft Type
11.6 SAM: Aerospace Bearing Market
11.6.1 SAM: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.6.2 SAM: Aerospace Bearing Market, By Type
11.6.3 SAM: Aerospace Bearing Market, By Application
11.6.4 SAM: Aerospace Bearing Market, By Material
11.6.5 SAM: Aerospace Bearing Market, By Aircraft Type
11.6.6 SAM: Aerospace Bearing Market, by Key Country
11.6.6.1 Brazil: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.1.1 Brazil: Aerospace Bearing Market, By Type
11.6.6.1.2 Brazil: Aerospace Bearing Market, By Application
11.6.6.1.3 Brazil: Aerospace Bearing Market, By Material
11.6.6.1.4 Brazil: Aerospace Bearing Market, By Aircraft Type
11.6.6.2 Rest of SAM: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.2.1 Rest of SAM: Aerospace Bearing Market, By Type
11.6.6.2.2 Rest of SAM: Aerospace Bearing Market, By Application
11.6.6.2.3 Rest of SAM: Aerospace Bearing Market, By Material
11.6.6.2.4 Rest of SAM: Aerospace Bearing Market, By Aircraft Type
12. Aerospace Bearings Market- COVID-19 Impact Analysis
12.1 Overview
12.2 North America: Impact Assessment of COVID-19 Pandemic
12.3 Europe: Impact Assessment of COVID-19 Pandemic
12.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
12.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
12.6 South America: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
14. Company Profiles
14.1 AST Bearings
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 GGB
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 JTEKT Corporation
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 ACCURATE BUSHING COMPANY
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 MinebeaMitsumi Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 NTN BEARING CORPORATION OF AMERICA.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 RBC Bearings Incorporated
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 SKF
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Regal Rexnord Corporation
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Barden Bearings
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. Aerospace Bearings Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Aerospace Bearing Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America: Aerospace Bearing Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. US: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. US: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 10. US: Aerospace Bearing Market, By Aircraft Type– Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 14. Canada: Aerospace Bearing Market, By Aircraft Type– Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico: Aerospace Bearing Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Mexico: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 18. Mexico: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe: Aerospace Bearing Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 20. Europe: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 21. Europe: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 22. Europe: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 23. Europe: Aerospace Bearing Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 24. Germany: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. Germany: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. Germany: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 27. Germany: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 28. France: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 29. France: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 30. France: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 31. France: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 32. Italy: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. Italy: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 34. Italy: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 35. Italy: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 36. UK: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 37. UK: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 38. UK: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 39. UK: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 40. Russia: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 41. Russia: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 42. Russia: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 43. Russia: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 44. Rest of Europe: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 45. Rest of Europe: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 46. Rest of Europe: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 47. Rest of Europe: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 48. APAC: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 49. APAC: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 50. APAC: Aerospace Bearing Market, By Material– Revenue and Forecast to 2028 (US$ Million)
Table 51. APAC: Aerospace Bearing Market, By Aircraft Type– Revenue and Forecast to 2028 (US$ Million)
Table 52. APAC: Aerospace Bearing Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 53. Australia: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 54. Australia: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 55. Australia: Aerospace Bearing Market, By Material– Revenue and Forecast to 2028 (US$ Million)
Table 56. Australia: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 57. China: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 58. China: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 59. China: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 60. China: Aerospace Bearing Market, By Aircraft Type– Revenue and Forecast to 2028 (US$ Million)
Table 61. India: Aerospace Bearing Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 62. India: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 63. India: Aerospace Bearing Market, By Material– Revenue and Forecast to 2028 (US$ Million)
Table 64. India: Aerospace Bearing Market, By Aircraft Type– Revenue and Forecast to 2028 (US$ Million)
Table 65. Japan: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 66. Japan: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 67. Japan: Aerospace Bearing Market, By Material– Revenue and Forecast to 2028 (US$ Million)
Table 68. Japan: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 69. South Korea: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 70. South Korea: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 71. South Korea: Aerospace Bearing Market, By Material– Revenue and Forecast to 2028 (US$ Million)
Table 72. South Korea: Aerospace Bearing Market, By Aircraft Type– Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of APAC: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 74. Rest of APAC: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 75. Rest of APAC: Aerospace Bearing Market, By Material– Revenue and Forecast to 2028 (US$ Million)
Table 76. Rest of APAC: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 77. MEA: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 78. MEA: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 79. MEA: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 80. MEA: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 81. MEA: Aerospace Bearing Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 82. South Africa: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 83. South Africa: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 84. South Africa: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 85. South Africa: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 86. Saudi Arabia: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 87. Saudi Arabia: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 88. Saudi Arabia: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 89. Saudi Arabia: Aerospace Bearing Market, Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 90. UAE: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 91. UAE: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 92. UAE: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 93. UAE: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 94. Rest of MEA: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 95. Rest of MEA: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 96. Rest of MEA: Aerospace Bearing Market, By Material– Revenue and Forecast to 2028 (US$ Million)
Table 97. Rest of MEA: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 98. SAM: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 99. SAM: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 100. SAM: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 101. SAM: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 102. SAM: Aerospace Bearing Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 103. Brazil: Aerospace Bearing Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 104. Brazil: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 105. Brazil: Aerospace Bearing Market, By Material– Revenue and Forecast to 2028 (US$ Million)
Table 106. Brazil: Aerospace Bearing Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 107. Rest of SAM: Aerospace Bearing Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 108. Rest of SAM: Aerospace Bearing Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 109. Rest of SAM: Aerospace Bearing Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 110. Rest of SAM: Aerospace Bearing Market, By Aircraft Type– Revenue and Forecast to 2028 (US$ Million)
Table 111. List of Abbreviation
LIST OF FIGURES
Figure 1. Aerospace Bearings Market Segmentation
Figure 2. Aerospace Bearings Market Segmentation – By Geography
Figure 3. Global Aerospace Bearings Market Overview
Figure 4. Ball Bearings Segment held the Largest Share of Aerospace Bearings Market
Figure 5. Flight Control Systems Segment held the Largest Share of Aerospace Bearings Market
Figure 6. Stainless Steel Segment held the Largest Share of Aerospace Bearings Market
Figure 7. Fixed Wing Segment held the Largest Share of Aerospace Bearings Market
Figure 8. North America to Show Great Traction During Forecast Period
Figure 9. Aerospace Bearings Market– Porter’s Five Forces Analysis
Figure 10. Ecosystem Analysis: Aerospace Bearings Market
Figure 11. Expert Opinion
Figure 12. Aerospace Bearings Market: Impact Analysis of Drivers and Restraints
Figure 13. Aerospace Bearings Market – Geographic Analysis
Figure 14. Aerospace Bearings Market Forecast and Analysis (US$ Million)
Figure 15. Aerospace Bearings Market, By Type (2021 and 2028)
Figure 16. Ball Bearings: Aerospace Bearings Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Roller Bearings: Aerospace Bearings Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Needle Bearings: Aerospace Bearings Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Thrust Bearings: Aerospace Bearings Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: Aerospace Bearings Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Aerospace Bearings Market, By Application (2021 and 2028)
Figure 22. Aircraft Landing Gear Struts: Aerospace Bearings Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Hydraulic Fuel Pumps: Aerospace Bearings Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Flight Control System: Aerospace Bearings Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: Aerospace Bearings Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Aerospace Bearing Market, By Material (2021 and 2028)
Figure 27. Stainless Steel: Aerospace Bearing Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Fiber-Reinforced Composites: Aerospace Bearing Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Engineered Plastics: Aerospace Bearing Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Others: Aerospace Bearing Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Aerospace Bearings Market, By Aircraft Type (2021 and 2028)
Figure 32. Fixed Wing Aircraft: Aerospace Bearings Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rotary Wing Aircraft: Aerospace Bearings Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. Global Aerospace Bearings Market Revenue Share, by Region (2021 & 2028)
Figure 35. North America: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. North America: Aerospace Bearing Market Revenue Share, By Type (2021 & 2028)
Figure 37. North America: Aerospace Bearing Market Revenue Share, By Application (2021 & 2028)
Figure 38. North America: Aerospace Bearing Market Revenue Share, By Material (2021 & 2028)
Figure 39. North America: Aerospace Bearing Market Revenue Share, By Aircraft Type (2021 & 2028)
Figure 40. North America: Aerospace Bearing Market Revenue Share, by Key Country (2021 & 2028)
Figure 41. US: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Canada: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Mexico: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Europe: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Europe: Aerospace Bearing Market Revenue Share, By Type (2021 & 2028)
Figure 46. Europe: Aerospace Bearing Market Revenue Share, By Application (2021 & 2028)
Figure 47. Europe: Aerospace Bearing Market Revenue Share, By Material (2021 & 2028)
Figure 48. Europe: Aerospace Bearing Market Revenue Share, By Aircraft Type (2021 & 2028)
Figure 49. Europe: Aerospace Bearing Market Revenue Share, by Key Country (2021 & 2028)
Figure 50. Germany: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. France: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. Italy: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 53. UK: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. Russia: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. Rest of Europe: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. APAC: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. APAC: Aerospace Bearing Market Revenue Share, By Type (2021 & 2028)
Figure 58. APAC: Aerospace Bearing Market Revenue Share, By Application (2021 & 2028)
Figure 59. APAC: Aerospace Bearing Market Revenue Share, By Material (2021 & 2028)
Figure 60. APAC: Aerospace Bearing Market Revenue Share, By Aircraft Type (2021 & 2028)
Figure 61. APAC: Aerospace Bearing Market Revenue Share, by Key Country (2021 & 2028)
Figure 62. Australia: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. China: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 64. India: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 65. Japan: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 66. South Korea: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. Rest of APAC: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. MEA: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. MEA: Aerospace Bearing Market Revenue Share, By Type (2021 & 2028)
Figure 70. MEA: Aerospace Bearing Market Revenue Share, By Application (2021 & 2028)
Figure 71. MEA: Aerospace Bearing Market Revenue Share, By Material (2021 & 2028)
Figure 72. MEA: Aerospace Bearing Market Revenue Share, By Aircraft Type (2021 & 2028)
Figure 73. MEA: Aerospace Bearing Market Revenue Share, by Key Country (2021 & 2028)
Figure 74. South Africa: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 75. Saudi Arabia: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. UAE: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. Rest of MEA: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 78. SAM: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 79. SAM: Aerospace Bearing Market Revenue Share, By Type (2021 & 2028)
Figure 80. SAM: Aerospace Bearing Market Revenue Share, By Application (2021 & 2028)
Figure 81. SAM: Aerospace Bearing Market Revenue Share, By Material (2021 & 2028)
Figure 82. SAM: Aerospace Bearing Market Revenue Share, By Aircraft Type (2021 & 2028)
Figure 83. SAM: Aerospace Bearing Market Revenue Share, by Key Country (2021 & 2028)
Figure 84. Brazil: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 85. Rest of SAM: Aerospace Bearing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 86. Impact of COVID-19 Pandemic in North America Country Markets
Figure 87. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 88. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 89. Impact of COVID-19 Pandemic in Middle East and Africa Countries
Figure 90. Impact of COVID-19 Pandemic in South America Countries
- AST Bearings
- GGB
- JTEKT Corporation
- Accurate Bushing Company
- MinebeaMitsumi Inc.
- NTN Bearing Corporation of America
- RBC Bearings Incorporated
- SKF
- Regal Rexnord Corporation
- Barden Bearings
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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