Description:
It is estimated that the CAGR (Compounded Annual Growth Rate) of the world market in the forecast period will reach xxxx%, and the total market value is expected to reach USD xxxx million in 2026 from USD xxxx million in 2019.
According to the report, one of the key drivers is an increasing demand for Air bearings in various applications, such as Aviation & Space, Medical, Automotive, Semiconductor, HVAC, and Wastewater Management. With the recovery of the global economy and the development of emerging powers, the Air bearings market is endowed with a promising future.
Air bearings are of two types, namely, aerodynamical or aerostatical bearings. Air bearings use a thin film of air which is pressurized in order to obtain an interface between the surfaces which has very less friction and is load bearing and these two surfaces do not come in physical contact with each other. This pressurized air is the lubricating factor in air bearings. Due to the absence of contact between the two surfaces, the problems of friction, lubricant handling, heat, wear, and tear etc., are avoided. The air bearing is designed in such a way that the pressure generated between the face of the surfaces supports the load, even if there is constant air escape from the gap.
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Competitive Insights
Major manufacturers profiled in the analysis report include Dover, Newport Corporation, GAT, Nelson Air Corp, Air Bearings Ltd, OAV Air Bearings, Specialty Components, New Way Air Bearings, IBS, Westwind Air Bearings, Professional Instruments Company, MITI, AeroLas GmbH, Aerotech Inc, Hovair Systems, Inc, Air Caster LLC, AMETEK PRECITECH Inc, Canon USA, Inc., and others.
Regional Insights
On the basis of geography, the global Air Bearings market is mainly concentrated in the three regions of North America, Asia-Pacific, and Europe. Asia-Pacific was the major market in 2018 due to the exceptional performance of economies of China, India, South Korea, and Indonesia. Other main regions are expected to witness growth during the forecast period.
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Type Insights
The type of the Air Bearings market can be divided into Hydrostatic/Aerostatic and Hydrodynamic/Aerodynamic. The Hydrostatic/Aerostatic segment is anticipated to account for the largest share in the forecast period, owing to its properties of low noise, high rotational precision, and low heat generation.
Application Insights
The Air Bearings can be applied in a wide range of industries, such as Aviation & Space, Medical, Automotive, Semiconductor, HVAC, Wastewater Management, and Others. The Aviation & Space segment accounted for the largest market share in 2018. The Medical segment is anticipated to show high growth during the forecast period.
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Audience
• Air Bearings manufacturers
• Raw material suppliers of Air Bearings
• Distributors and resellers of Air Bearings
• Air Bearings industry associations
• Product managers, Air Bearings industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Healthcare organizations
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2019 to 2026
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