Gas Bearings Market, By Type (Aerostatic Bearings, Aerodynamic Bearings), By Technology (Porous Medi

Published Date: | Report Code : EQ2058748

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The Global Gas Bearings Market is projected to reach USD XX billion by 2028, growing at a CAGR of XX during the forecast period. The growth of the automotive industry & environmental concerns regarding the use of oil as an automotive substrate is expected to drive the market during the forecast period.

Global Gas Bearings Market

Gas bearings make use of thin films of pressurized gas to impart low friction, load-bearing pivot between two different surfaces. These surfaces are kept void of physical contact with each other thus eliminating problems such as friction, wear & tear, and necessity of lubrication. Gas bearings have more life than traditional bearings and they do not make use of oil in their functioning. The only disadvantage of these bearings is the complexity in design & low manufacturing tolerances.

The Aerospace & Defense industry was the biggest end-user of gas bearings till 2017. Solar panels are mounted on top of satellites for energy production. While these panels are being transported into space they are folded. Once they reach the satellite orbit, they are unfolded via a spring mechanism. This process is friction-less hence to compensate for gravity, the solar panels are hung magnetically on gas bearings. In the automotive industry, gas bearings are used in high-frequency drives & turbochargers. They are used in precision machine tools used for measurement & processing. In the medical industry, the gas bearing is used to replace torn-up or damaged joints in the body. The ball & socket joint can be reconstructed using gas bearings. Therefore, gas bearings are using extensively in the healthcare sector for joint replacement operations.

The Asia Pacific is the biggest player concerned with gas bearings market. Growth of developing economies like China, India is contributing massively towards the development of this market. The North American & European markets are also showing noteworthy growth in the gas bearings market due to advancements in medical technology. Also, the Middle East is an emerging economy in gas bearings market.

Key Factors Impacting the Growth of Gas Bearings Market:

  • Growth of the automotive industry worldwide.
  • Growth of Aerospace & Defense and medical industry in the Asia Pacific region.
  • Environmental concerns regarding excessive use of oil across industries.

Key Developments in Gas Bearings Market:

  • On 5th July 2017, Timken India acquired ABC Bearings. Inc, to expand their business into the air bearings market in Europe & North American segments.
  • In 2016, the OAV Thrust Air Bearing technology was introduced in the gas bearings market which is a breakthrough innovation in air bearing technology that is capable of fully integrating a three-way friction-less surface.

 

Global Gas Bearings Market

 

What Does This Report Provide?

This report provides a detailed understanding of the global gas bearings market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the gas bearings market.

Market Segmentation:

By Type:

  • Aerostatic Bearings
  • Aerodynamic Bearings

By Technology:

  • Porous Media
  • Micro-Nozzle
  • Orifice Type
  • Foil Bearing
  • Spiral Groove Bearing

By Application:

  • Precision Machinery Tools
  • High Speed Machines
  • Air-guided Computed Tomography
  • Air Magnetic Slip System

By End-Use Industry:

  • Automotive
  • Electronics
  • Medical
  • Production
  • Aerospace & Defense
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Technology
    • By Application
    • By End Use Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Technology
    • By Application
    • By End Use Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Technology
    • By Application
    • By End Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Technology
    • By Application
    • By End Use Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Technology
    • By Application
    • By End Use Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Technology
    • By Application
    • By End Use Industry

Companies Covered: Major Companies profiled in the report which are key players in the gas bearings market include Mohawk Innovative Technology, Inc., Specialty Components Inc., Leuven Air Bearings NV, Aerolas, Xdot Engineering and Analysis, PLLC, Dover Motion, Newport Corporation, Professional Instruments Company, GAT Gesellschaft für Antriebstechnik mbH, New Way Air Bearings, Air Bearings Ltd., Canon Semiconductor Equipment Inc., Loadpoint Bearings Ltd., Hovair Systems, Inc., OAV Air Bearings, Westwind Air Bearings, Aerotech Inc., R&D Dynamics Corporation, MAGER S.r.l.,and PI Nelson Air Corp.

Years Considered In The Study

Historic Year

2016, 2017

Base Year

2018

Forecast Period

2019-2028 

CAGR % (2019-2028)

XX

 

Reasons to Buy This Report:

  • Market size estimation of the global gas bearings market on regional and global basis.
  • Unique research design for market size estimation and forecast.
  • Profiling of major companies operating in the gas bearings market with key developments.
  • Broad scope to cover all the possible segments helping every stakeholder in the market.

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact:  [email protected]

 

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