Market Overview:
The global aviation cargo system bearing market is estimated to be valued at US$ XX million in 2018 and is projected to reach US$ XX million by 2030, registering a CAGR of X.X% during the forecast period. The growth of the aviation cargo system bearing market can be attributed to the increasing demand for air transportation and rising investments in the aviation sector. The global aviation cargo system bearing market is segmented on the basis of type, application, and region. On the basis of type, it is divided into standard and medium pressure bearings. By application, it is classified into aviation cargo systems and others (marine applications). Region-wise, it covers North America, Latin America, Europe Asia Pacific (APAC), and Middle East & Africa (MEA). Among regions, APAC dominates the global Aviation Cargo System Bearing Market with a share of more than 50%. This can be attributed to factors such as growing air traffic in countries such as China and India; increasing demand for air freight services from e-commerce companies; rising investments in airports infrastructure;and development of new aircraft models by leading aircraft manufacturers such as Boeing Companyand Airbus SE.
Product Definition:
Aviation Cargo System Bearing is a type of bearing used in aviation applications. It is designed to handle the high loads and speeds that are common in aviation systems. Aviation Cargo System Bearings are typically made from high-strength steel alloys and have a large diameter to handle the heavy loads. They are used in aircraft landing gear, cargo loading systems, and other applications where high loads and speeds are encountered.
Standard:
The global standard is expected to grow at a significant rate owing to the increasing demand for international cargo services. The aviation industry has been witnessing tremendous growth over the past few years and this trend is expected to continue over the forecast period. International trade by air has increased exponentially in recent times owing to low cost & time benefits as compared with other modes of transport, which in turn will have a positive impact on market growth.
Medium Pressure:
The aviation cargo system bearing is a type of rolling element, which is used in the design of aircraft to facilitate smooth operation and reduce friction. The bearings are subjected to heavy loads during take-off and landing, due to which they require high durability. Medium pressure (MR) bearings have a rating range from 0201 through 0407 with corresponding widths ranging from 2mm through 8mm.
Application Insights:
The aviation cargo systems segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in air passenger traffic owing to rise in disposable income, especially across emerging countries including China, India and Brazil. Moreover, governments around the world have launched various initiatives for developing civil aviation industry such as providing tax rebates on investments up to USD 100 million by country and region. These factors are expected to drive demand for AGCS globally over the coming years.
The others application segment includes land transport, rail transport.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing air passenger traffic, rising investments in new airport construction as well as an increase in aircraft deliveries. China is projected to remain a key player over the next eight years owing to rapid economic development coupled with government support for infrastructure development.
The European aviation cargo system bearing market was valued at USD X million in 2017 and is anticipated to grow at a CAGR of XX% from 2018 to 2030 due high usage of standard bearings across various applications such as aerospace, marine, automotive among others. Increasing use of standard bearings has resulted into increased demand for SPCCs which are likely drive regional growth over the forecast period.
Growth Factors:
- Increasing demand for air cargo services due to growth in global trade
- Rising number of passengers and freight traffic
- Development of next-generation aircrafts and cargo systems
- Proliferation of e-commerce and the need for faster, more reliable delivery services
- Growing investment in airport infrastructure
Scope Of The Report
Report Attributes
Report Details
Report Title
Aviation Cargo System Bearing Market Research Report
By Type
Standard, Medium Pressure
By Application
Aviation Cargo Systems, Others
By Companies
AST Bearings LLC(US), Thomson(US), NTN(Japan), NSK(Japan), Schaeffler(Germany), SKF(Sweden), ILJIN(Korea), JTEKT(Japan), Wanxiang(China), Hubei New Torch(China), Nachi-Fujikoshi(Japan), TIMKEN(USA), GMB Corporation(Japan), Harbin Bearing(China), CU Group(China), Wafangdian Bearing(China), Changzhou Guangyang(China), GGB（UK）, Xiangyang Xinghuo(China), FKG Bearing(China), Shaoguan Southeast(China), GKN(UK), Changjiang Bearing(China), PFI(USA)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Aviation Cargo System Bearing Market Report Segments:
The global Aviation Cargo System Bearing market is segmented on the basis of:
Types
Standard, Medium Pressure
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aviation Cargo Systems, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AST Bearings LLC(US)
- Thomson(US)
- NTN(Japan)
- NSK(Japan)
- Schaeffler(Germany)
- SKF(Sweden)
- ILJIN(Korea)
- JTEKT(Japan)
- Wanxiang(China)
- Hubei New Torch(China)
- Nachi-Fujikoshi(Japan)
- TIMKEN(USA)
- GMB Corporation(Japan)
- Harbin Bearing(China)
- CU Group(China)
- Wafangdian Bearing(China)
- Changzhou Guangyang(China)
- GGB（UK）
- Xiangyang Xinghuo(China)
- FKG Bearing(China)
- Shaoguan Southeast(China)
- GKN(UK)
- Changjiang Bearing(China)
- PFI(USA)
Highlights of The Aviation Cargo System Bearing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Standard
- Medium Pressure
- By Application:
- Aviation Cargo Systems
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aviation Cargo System Bearing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft cargo system bearings are used to support the weight of the aircraft and its cargo. They are also responsible for transferring torque from the engine to the propeller, allowing planes to take off and land.
Some of the key players operating in the aviation cargo system bearing market are AST Bearings LLC(US), Thomson(US), NTN(Japan), NSK(Japan), Schaeffler(Germany), SKF(Sweden), ILJIN(Korea), JTEKT(Japan), Wanxiang(China), Hubei New Torch(China), Nachi-Fujikoshi(Japan), TIMKEN(USA), GMB Corporation(Japan), Harbin Bearing(China), CU Group(China), Wafangdian Bearing(China), Changzhou Guangyang(China), GGB（UK）, Xiangyang Xinghuo(China), FKG Bearing(China), Shaoguan Southeast(China), GKN(UK), Changjiang Bearing(China), PFI(USA).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aviation Cargo System Bearing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aviation Cargo System Bearing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aviation Cargo System Bearing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aviation Cargo System Bearing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aviation Cargo System Bearing Market Size & Forecast, 2018-2028
4.5.1 Aviation Cargo System Bearing Market Size and Y-o-Y Growth
4.5.2 Aviation Cargo System Bearing Market Absolute $ Opportunity
Chapter 5 Global Aviation Cargo System Bearing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aviation Cargo System Bearing Market Size Forecast by Type
5.2.1 Standard
5.2.2 Medium Pressure
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aviation Cargo System Bearing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aviation Cargo System Bearing Market Size Forecast by Applications
6.2.1 Aviation Cargo Systems
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aviation Cargo System Bearing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aviation Cargo System Bearing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aviation Cargo System Bearing Analysis and Forecast
9.1 Introduction
9.2 North America Aviation Cargo System Bearing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aviation Cargo System Bearing Market Size Forecast by Type
9.6.1 Standard
9.6.2 Medium Pressure
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aviation Cargo System Bearing Market Size Forecast by Applications
9.10.1 Aviation Cargo Systems
9.10.2 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aviation Cargo System Bearing Analysis and Forecast
10.1 Introduction
10.2 Europe Aviation Cargo System Bearing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aviation Cargo System Bearing Market Size Forecast by Type
10.6.1 Standard
10.6.2 Medium Pressure
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aviation Cargo System Bearing Market Size Forecast by Applications
10.10.1 Aviation Cargo Systems
10.10.2 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aviation Cargo System Bearing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aviation Cargo System Bearing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aviation Cargo System Bearing Market Size Forecast by Type
11.6.1 Standard
11.6.2 Medium Pressure
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aviation Cargo System Bearing Market Size Forecast by Applications
11.10.1 Aviation Cargo Systems
11.10.2 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aviation Cargo System Bearing Analysis and Forecast
12.1 Introduction
12.2 Latin America Aviation Cargo System Bearing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aviation Cargo System Bearing Market Size Forecast by Type
12.6.1 Standard
12.6.2 Medium Pressure
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aviation Cargo System Bearing Market Size Forecast by Applications
12.10.1 Aviation Cargo Systems
12.10.2 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aviation Cargo System Bearing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aviation Cargo System Bearing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aviation Cargo System Bearing Market Size Forecast by Type
13.6.1 Standard
13.6.2 Medium Pressure
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aviation Cargo System Bearing Market Size Forecast by Applications
13.10.1 Aviation Cargo Systems
13.10.2 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aviation Cargo System Bearing Market: Competitive Dashboard
14.2 Global Aviation Cargo System Bearing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AST Bearings LLC(US)
14.3.2 Thomson(US)
14.3.3 NTN(Japan)
14.3.4 NSK(Japan)
14.3.5 Schaeffler(Germany)
14.3.6 SKF(Sweden)
14.3.7 ILJIN(Korea)
14.3.8 JTEKT(Japan)
14.3.9 Wanxiang(China)
14.3.10 Hubei New Torch(China)
14.3.11 Nachi-Fujikoshi(Japan)
14.3.12 TIMKEN(USA)
14.3.13 GMB Corporation(Japan)
14.3.14 Harbin Bearing(China)
14.3.15 CU Group(China)
14.3.16 Wafangdian Bearing(China)
14.3.17 Changzhou Guangyang(China)
14.3.18 GGB（UK）
14.3.19 Xiangyang Xinghuo(China)
14.3.20 FKG Bearing(China)
14.3.21 Shaoguan Southeast(China)
14.3.22 GKN(UK)
14.3.23 Changjiang Bearing(China)
14.3.24 PFI(USA)
