Air Bearing Market Statistics, Trends, and Key Players by 2031

The air bearing market is expected to register a CAGR of 7.2% during 2023–2031. The rise in focus towards improving the efficiency of air bearings for enhanced performance is likely to remain a key trend in the market.

Air Bearing Market Analysis

• The market of air bearing had a significant analysis and coming market forecast of air bearing. Air bearing market growing and bears an optimistic platform with an increase in the demand of air travels and commercial aviation sector expansion with increasing development trend in bearing technologies.
• North America domination of market by the established aerospace industry and presence of key market players along with the Asia-Pacific gaining fastest growing region on the basis of the growth of the aviation sector and with defence budget growth.
• In addition, there has been an increasing number of growing demands for the small single-aisle type of airplane and helicopter from developing economics which significantly influences the shape of the entire industry. There are a number of challenges faced due to the expanding industry that is set to further inflate the demand for traveling by air.

Air Bearing Market Overview

• The market growth is predominantly due to the utilisation of air bearings in different end-use industries. Air bearings produce high speed and acceleration without friction, a significant factor that is causing this trend. Furthermore, the adoption rate of air bearings for used in renewable energy is expected to grow with this technology.
• This will create an opportunity for accelerating the air bearings market. Presently, the aerospace bearings market is growing at a steady pace with many notable facts. One reason is that aerospace bearings are a crucial part of the aerospace industry that needs to meet the demand for more fuel-efficient and more powerful technologies.
• Also, materials and aerospace technologies are advancing to new heights. The need for air travel is also growing rapidly in recent times. The aerospace industry ensures stable and safe air travel. The most important segments of aerospace bearings are the bearings used in aircraft engines and landing gear as well as those used in flight control systems that provide rotations of the parts of aircraft.

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Get FREE CUSTOMIZATION

Air Bearing Market: Strategic Insights

• Get Top Key Market Trends of this report.
  This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Free Sample PDF

Air Bearing Market Drivers and Opportunities

Increasing Adoption of Air Bearings in Various Industries to Favor the Market

• The adoption of air bearings in various industries in recent decades has been driven by factors such as high performance, lack of oil contamination with running fluids and prevailing cost – all these features are strongly application-oriented.
• In fact, the absence of friction (zero internal friction in practical working conditions) means that small amounts of air contaminants (which compose the air foam used to support the working surfaces) are much less invasive than any lubricant. This is the reason why air bearings are used in the pharmaceutical industry, for nuclear fuel processing, semiconductor manufacturing or as circular pads in energy conversion cycles.
• The precision requirement in markets such as metrology equipment, test machines or the aerospace industry has further sped up the industrial applications of porous media air bearings, paving the way for their use in diverse industries.

Rise in demand for Air Bearings owing to the Increasing Use of High-Precision Tools and Spindles in Vehicle Production

• In vehicle construction, the demand for air bearings is increased by the continuous increase in utilization of the precision of tools and spindles. Since machining processes involve some of the most exacting requirements in precision engineering, vehicles, and other mechanical engineering sectors require an ever-increasing degree of precision in the manufacturing of parts and components.
• Yet to attain the required precision without sacrificing acceleration, many conventional bearing types such as rolling bearings reach their physical limits. Depending on the specific production step, achieving 1-2 µm repeatability is essential for production of chips and positioning at back end, while even 5 µm accuracy is required for a die bonder.

Air Bearing Market Report Segmentation Analysis

Key segments that contributed to the derivation of the air bearing market analysis are type, speed, application, and end-use.

• Based on type, the air bearing market is divided into aerodynamic bearings, aerostatic bearings.
• On the basis of speed, the market is divided into 1000 – 60,000 rpm, Less Than 60000 rpm, Greater Than 1000 rpm.
• Based on application, the air bearing market is divided into high-speed machines, coordinate measuring machines, and precision metal tools.
• On the basis of end-use, the market is divided into automotive, semiconductor, wastewater management, aviation, medical, and others.

Air Bearing Market Share Analysis by Geography

• Air bearing market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
• Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering air bearing market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
• Also, the report covers PEST analysis, which involves the study of major factors that influence the air bearing market in these regions.

Air Bearing Market Regional Insights

The regional trends and factors influencing the Air Bearing Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Air Bearing Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Air Bearing Market Report Scope

Air Bearing Market Players Density: Understanding Its Impact on Business Dynamics

The Air Bearing Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Air Bearing Market are:

1. Air Bearings Ltd
2. Bladon Jets
3. Capstone Turbine Corporation
4. Hovair Systems, Inc.
5. IBS Precision Engineering BV

Disclaimer: The companies listed above are not ranked in any particular order.

Air Bearing Market News and Recent Developments

The air bearing market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the air bearing market are listed below:

• The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has completed its previously announced acquisition of Engineered Solutions Group (a.k.a. Innovative Mechanical Solutions or iMECH). (Source: TIMKEN Corporation, Company Website, November 2023)
• PI (Physik Instrumente), a leader in precision motion control solutions, announces the new A-62x PIglide series of rotation air bearing spindles (rotary tables). Air-bearings have no rolling or sliding elements and deliver frictionless, non-contact motion, resulting in negligible reversal error, better straightness, wobble, eccentricity, and velocity stability – ideal prerequisites for high-end industrial applications such as inspection, metrology, calibration, and scanning. (Source: Physik Instrumente, Company Website, March 2021)

Air Bearing Market Report Coverage and Deliverables

The “Air Bearing Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Air bearing market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Air bearing market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Air bearing market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the air bearing market
• Detailed company profiles