Manufacturing Activities in End Markets Witness Slowdown during Coronavirus Outbreak
Since the coronavirus pandemic is still prevalent in many parts of the world including Europe and India, business activities in the air bearing market and its related industries such as automotive and semiconductor are taking place in a staggered manner. Stakeholders are increasing their focus in essential industries including medical, wastewater management, and defense to keep economies running during the pandemic.
Companies in the air bearing market are abiding with COVID-19 guidelines in their manufacturing facilities to ensure and protect the health and safety of all employees. As such, manufacturing activities in all end markets are witnessing a slowdown due to the pandemic. Mass inoculation of vaccines is anticipated to fuel business activities and the demand for high-precision machines that make use of air bearings.
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Improving Individual Designs in Bearings Help Overcome Limitations of High-loading Situations
The air bearing market is estimated to surpass the valuation of US$ 13.7 Bn by 2031. However, the transition toward air bearings is challenged with their load capacity and ability for damping. Hence, component manufacturers in the air bearing market are improving individual designs in air bearings to accommodate high-loading situations and provide more damping. They are increasing the availability for modern gas bearing systems by offering custom-made components that meet exact specifications of clients.
Air Bearings Enable Maintenance-free, Complete Positioning Solutions in Cleanrooms
The burgeoning growth in optical alignment, parts inspection, and torque measurement applications are grabbing the attention of stakeholders in the air bearing market. Physik Instrumente – a specialist in precision motion and positioning is boosting its production capabilities in air bearings and its various accessories to establish supply chains in parts inspection, metrology, and calibration measurement applications. Manufacturers are producing non-motorized passive rotary air bearings designed for high stiffness, precision, and accuracy in complete positioning solutions. Machines using these bearings are being preferred in cleanrooms, since they are eliminating the need for maintenance or lubrication and have an unlimited lifetime.
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Air Bearing Market: Overview
- According to Transparency Market Research’s latest research report on the global air bearing market for the historical period of 2017–2019 and the forecast period of 2021–2031, increase in installation of air bearings in a wide range of end-use industries where frictionless property, high speed and accurate positioning, etc. is required, are factors expected to boost the global air bearing market during the forecast period
- In terms of revenue, the global air bearing market is estimated to exceed the value of US$ 13.7 Bn by 2031, expanding at a CAGR of ~6% during the forecast period
In order to boost their credibility credentials and gain a competitive edge over other companies in the air bearing market, companies are providing control software and user interfaces that help to maximize ease of use for air bearings fitted in high-speed and high precision machines. These software help to simplify training for operators and allow them to achieve the highest levels of operator productivity and flexibility, thus lowering the cost of various end operations.
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Flexible Web Segment Fuels Demand for Air Bearings to Avoid Contamination in Products
No friction, high precision fly height, and zero wear are popular advantages of air bearings that are grabbing the attention of end users in the flexible web segment. Flexible web applications are growing prominent in packaging, electronics, and adhesives applications. A broad range of products in the flexible web segment belongs to different materials that require stringent precision and robust manufacturing technologies to avoid contamination and damage to the products. Such specifications are translating into revenue opportunities for manufacturers in the air bearing market.
Products used in the flexible web segment are manufactured from different substrates that require air bearings in machines that are capable of operating across a variety of environments right from high-temperature conditions to cleanroom settings. Pennsylvania-based New Way Air Bearings is gaining recognition for providing gas-bearing systems that overcome unique challenges in the flexible web segment.
