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.
In-house designing and machining of air bearings are being preferred by customers in end-use industries such as diamond turning and grinding applications that use ultra-high precision equipment. Co-ordinate measuring machines are also fueling the demand for modern air bearings.
Ultra-precision Air Bearings Enabling Reliable, Maintenance-free Operations across Industries
Innovations in air bearing spindles, rotary tables, and other complimentary equipment are contributing to the growth of the flexible web segment. ABTech Inc. – a global ultra-precision air-bearing design and manufacturing business, is enabling reliable and maintenance-free operations in the oil & gas, marine, and wastewater management applications. Industries highly dependent on sub-micron accuracies and real-time measurements such as the nanotechnology industry, photonics, optics, and life sciences are triggering the demand for air bearings used in precision material tools and high-speed machines.
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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.