Market Overview:
The global trunnion spherical bearings market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for helicopters, twin-aisle aircraft, single-aisle aircraft and regional aircraft. Additionally, the growing industrialization and urbanization are also contributing to the growth of the global trunnion spherical bearings market. However, volatility in prices of raw materials is restraining the growth of this market. On basis of type, split spherical roller bearings are expected to dominate the global trunnion spherical bearings market during forecast period owing to its high performance and durability as compared with non-split bearing types.
Product Definition:
A trunnion (from the French "trognon", meaning "pumpkin") is a cylindrical protrusion used as a mounting or pivoting point. On a gun, it is the part of the barrel that mounts to the frame. Trunnions are also found on other machines and devices, such as milling machines and turntables.
Split Spherical Roller Bearings:
The split spherical roller bearings are used in the rolling element of the machine and they can be found in various types of machinery such as cranes, elevators, industrial robots, etc. The bearing is made up of two metal races joined by a cross-shaped piece which allows one race to ride upon the other thereby eliminating any friction caused due to contact between them.
Non-split Bearings:
Non-split bearings are used in the trunnion spherical bearings. The main function of these products is to provide a stable support for the structure and also to allow free movement of the mechanism. These products are widely used in machinery that requires high load carrying capacity, low maintenance, and high precision.
Application Insights:
Helicopters were the largest application segment and accounted for a market share of more than 45% in 2017. The global demand for helicopters has been growing steadily over the past few years. According to data published by Helicopter Association of Europe, there are approximately 1,500 rotorcraft registered in Europe alone every year since 2010. Growing popularity of rotorcraft travel owing to increasing disposable income levels among consumers as well as improved standards of living is expected to drive the segment growth over the forecast period.
The regional aircraft category is projected to witness significant growth during the forecast period on account of rising air traffic across regions due largelyto an increase in passenger traffic coupled with robust economic development particularlyin emerging markets such as China, India.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing foreign investments in the aviation sector coupled with rising demand for commercial aircraft in China and India. In addition, favorable government policies such as “Make in India†initiative by Indian government are expected to boost manufacturing activities across various industries including aerospace & defense, which will drive product demand over the forecast period.
North America accounted for a significant share of global trunnion spherical bearing market on account of high usage rates of helicopters and other types of aircraft such as single-aisle aircraft, regional aircraft, and twin-aisle aircraft. The U.S.
Growth Factors:
- Increasing demand from the automotive industry
- Growing demand for electric vehicles
- Rising industrialization in developing countries
- Technological advancements in bearing manufacturing process
- Growing awareness about the benefits of using Trunnion Spherical Bearings
Scope Of The Report
Report Attributes
Report Details
Report Title
Trunnion Spherical Bearings Market Research Report
By Type
Split Spherical Roller Bearings, Non-split Bearings
By Application
Helicopters, Twin-Aisle Aircraft, Single-Aisle Aircraft, Regional Aircraft
By Companies
GE(US), Pratt & Whitney(US), Rockwell(US), KHI(Japan), Safran(French), Avio Aero(Italy), IHI Corporation(Japan), AST Bearings LLC(US), Thomson(US), NTN(Japan), NSK(Japan), Schaeffler(Germany), SKF(Sweden), ILJIN(Korea), JTEKT(Japan), TIMKEN(USA), GMB Corporation(Japan)
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
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Trunnion Spherical Bearings Market Report Segments:
The global Trunnion Spherical Bearings market is segmented on the basis of:
Types
Split Spherical Roller Bearings, Non-split Bearings
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
Helicopters, Twin-Aisle Aircraft, Single-Aisle Aircraft, Regional Aircraft
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:
- GE(US)
- Pratt & Whitney(US)
- Rockwell(US)
- KHI(Japan)
- Safran(French)
- Avio Aero(Italy)
- IHI Corporation(Japan)
- AST Bearings LLC(US)
- Thomson(US)
- NTN(Japan)
- NSK(Japan)
- Schaeffler(Germany)
- SKF(Sweden)
- ILJIN(Korea)
- JTEKT(Japan)
- TIMKEN(USA)
- GMB Corporation(Japan)
Highlights of The Trunnion Spherical Bearings 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:
- Split Spherical Roller Bearings
- Non-split Bearings
- By Application:
- Helicopters
- Twin-Aisle Aircraft
- Single-Aisle Aircraft
- Regional Aircraft
- 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 Trunnion Spherical Bearings 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
Trunnion spherical bearings are a type of bearing that uses a cylindrical housing to support the shaft. The housing is typically made from aluminum or steel and has several radial holes that allow the shaft to rotate. The bearings are mounted on an outer ring and can be oriented in any direction.
Some of the major companies in the trunnion spherical bearings market are GE(US), Pratt & Whitney(US), Rockwell(US), KHI(Japan), Safran(French), Avio Aero(Italy), IHI Corporation(Japan), AST Bearings LLC(US), Thomson(US), NTN(Japan), NSK(Japan), Schaeffler(Germany), SKF(Sweden), ILJIN(Korea), JTEKT(Japan), TIMKEN(USA), GMB Corporation(Japan).
The trunnion spherical bearings market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Trunnion Spherical Bearings 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 Trunnion Spherical Bearings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trunnion Spherical Bearings 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 Trunnion Spherical Bearings 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 Trunnion Spherical Bearings Market Size & Forecast, 2018-2028
4.5.1 Trunnion Spherical Bearings Market Size and Y-o-Y Growth
4.5.2 Trunnion Spherical Bearings Market Absolute $ Opportunity
Chapter 5 Global Trunnion Spherical Bearings 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 Trunnion Spherical Bearings Market Size Forecast by Type
5.2.1 Split Spherical Roller Bearings
5.2.2 Non-split Bearings
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Trunnion Spherical Bearings 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 Trunnion Spherical Bearings Market Size Forecast by Applications
6.2.1 Helicopters
6.2.2 Twin-Aisle Aircraft
6.2.3 Single-Aisle Aircraft
6.2.4 Regional Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Trunnion Spherical Bearings 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 Trunnion Spherical Bearings 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 Trunnion Spherical Bearings Analysis and Forecast
9.1 Introduction
9.2 North America Trunnion Spherical Bearings 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 Trunnion Spherical Bearings Market Size Forecast by Type
9.6.1 Split Spherical Roller Bearings
9.6.2 Non-split Bearings
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 Trunnion Spherical Bearings Market Size Forecast by Applications
9.10.1 Helicopters
9.10.2 Twin-Aisle Aircraft
9.10.3 Single-Aisle Aircraft
9.10.4 Regional Aircraft
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 Trunnion Spherical Bearings Analysis and Forecast
10.1 Introduction
10.2 Europe Trunnion Spherical Bearings 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 Trunnion Spherical Bearings Market Size Forecast by Type
10.6.1 Split Spherical Roller Bearings
10.6.2 Non-split Bearings
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 Trunnion Spherical Bearings Market Size Forecast by Applications
10.10.1 Helicopters
10.10.2 Twin-Aisle Aircraft
10.10.3 Single-Aisle Aircraft
10.10.4 Regional Aircraft
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 Trunnion Spherical Bearings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Trunnion Spherical Bearings 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 Trunnion Spherical Bearings Market Size Forecast by Type
11.6.1 Split Spherical Roller Bearings
11.6.2 Non-split Bearings
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 Trunnion Spherical Bearings Market Size Forecast by Applications
11.10.1 Helicopters
11.10.2 Twin-Aisle Aircraft
11.10.3 Single-Aisle Aircraft
11.10.4 Regional Aircraft
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 Trunnion Spherical Bearings Analysis and Forecast
12.1 Introduction
12.2 Latin America Trunnion Spherical Bearings 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 Trunnion Spherical Bearings Market Size Forecast by Type
12.6.1 Split Spherical Roller Bearings
12.6.2 Non-split Bearings
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 Trunnion Spherical Bearings Market Size Forecast by Applications
12.10.1 Helicopters
12.10.2 Twin-Aisle Aircraft
12.10.3 Single-Aisle Aircraft
12.10.4 Regional Aircraft
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) Trunnion Spherical Bearings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Trunnion Spherical Bearings 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) Trunnion Spherical Bearings Market Size Forecast by Type
13.6.1 Split Spherical Roller Bearings
13.6.2 Non-split Bearings
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) Trunnion Spherical Bearings Market Size Forecast by Applications
13.10.1 Helicopters
13.10.2 Twin-Aisle Aircraft
13.10.3 Single-Aisle Aircraft
13.10.4 Regional Aircraft
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 Trunnion Spherical Bearings Market: Competitive Dashboard
14.2 Global Trunnion Spherical Bearings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE(US)
14.3.2 Pratt & Whitney(US)
14.3.3 Rockwell(US)
14.3.4 KHI(Japan)
14.3.5 Safran(French)
14.3.6 Avio Aero(Italy)
14.3.7 IHI Corporation(Japan)
14.3.8 AST Bearings LLC(US)
14.3.9 Thomson(US)
14.3.10 NTN(Japan)
14.3.11 NSK(Japan)
14.3.12 Schaeffler(Germany)
14.3.13 SKF(Sweden)
14.3.14 ILJIN(Korea)
14.3.15 JTEKT(Japan)
14.3.16 TIMKEN(USA)
14.3.17 GMB Corporation(Japan)
