Global Air Bearings Market Size was $179.23 Million in 2023

Global Air Bearings Market Overview

According to Global Market Monitor, the global air bearings market size was $179.23 million in 2023 with a CAGR of 5.67% from 2023 to 2028. An air bearing (air caster) is a pneumatic lifting device used to move heavy loads on flat, non-porous surfaces. Air Bearings companies are mainly from the USA. the industry concentrate rate is moderate. The top three companies are AeroGo, Solving, and Air Caster Corp. with market sharesof 12.31%, 9.40%, and 9.28% in 2023. 

The production and operation of Air bearings involve the use and consumption of energy such as water and electricity. Rising energy costs have led to increased production costs for Air bearings products. These factors make cost control and inventory management more difficult for manufacturers in the Air bearings industry.

Air Bearings transport systems are used in a variety of applications in the spacecraft industry. From moving parts during production in a clean way to positioning the parts for assembly to even moving complete rockets for launch. The growth in rocketry has led to increased consumption of Air Bearings. Satellites are semi-independent, computer-controlled man-made devices launched into Earth orbit. Satellites are launched into Earth's orbit by launch vehicles. Types of satellites include commercial, military, and surveillance, and can serve a variety of purposes, including science, weather, navigation, and communications, to name a few. At the same time, satellite data is used in various applications such as urban development, maritime security, mineral exploration, and agriculture. In recent years, the growth of space exploration and the commercial use of satellites, driven by the initiatives of major and emerging countries to invest in space exploration, along with the development of the global economy and the continuous advancement in space science and technology are driving the growth of the air bearings market.

Drivers	Air Bearings have outstanding advantages and a broad downstream market
	Development in aerospace
	Development of modular construction
	Combining advanced technology and manufacturing