Report overview
A magnetic bearing is a bearing that supports a load using magnetic levitation. Magnetic bearings support moving parts without physical contact. For instance, they are able to levitate a rotating shaft and permit relative motion with very low friction and no mechanical wear. Magnetic bearings support the highest speeds of all kinds of bearing and have no maximum relative speed.
Magnetic bearing technology is becoming more and more important as an alternative to conventional bearing supports, and is used when the technical requirements can no longer be fulfilled by other bearing types. This especially applies to industrial machinery with very high rotational speeds and shaft weights of up to several tons.
This report aims to provide a comprehensive presentation of the global market for Magnetic Bearings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnetic Bearings. This report contains market size and forecasts of Magnetic Bearings in global, including the following market information:
Global Magnetic Bearings Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Magnetic Bearings Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Magnetic Bearings companies in 2022 (%)
The global Magnetic Bearings market was valued at US$ 278.5 million in 2022 and is projected to reach US$ 505.6 million by 2029, at a CAGR of 8.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global magnetic bearings key players include SKF, Schaeffler, Wauk Bearing, etc. Global top 5 manufacturers hold a share over 60%.
Europe is the largest market, with a share over 52%, followed by Americas and Asia-Pacific, both have a share over 47%.
In terms of product, active magnetic bearing is the largest segment, with a share over 93%. And in terms of application, the largest application is motors, followed by compressors, blowers, etc.
We surveyed the Magnetic Bearings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Magnetic Bearings Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Magnetic Bearings Market Segment Percentages, by Type, 2022 (%)
Active Magnetic Bearing
Passive Magnetic Bearing
Hybrid Magnetic Bearing
Global Magnetic Bearings Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Magnetic Bearings Market Segment Percentages, by Application, 2022 (%)
Motors
Blowers
Compressors
Pumps
Generators
Turbines
Others
Global Magnetic Bearings Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Magnetic Bearings Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Magnetic Bearings revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Magnetic Bearings revenues share in global market, 2022 (%)
Key companies Magnetic Bearings sales in global market, 2018-2023 (Estimated), (Units)
Key companies Magnetic Bearings sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
SKF
Waukesha Bearings
Schaeffler
Siemens
KEBA Industrial Automation
Zeitlos
Kazancompressormash
MECOS
Calnetix
Synchrony
FG-AMB
Levitronix
Nanjing CIGU
Maruwa Electronic
Outline of Major Chapters:
Chapter 1: Introduces the definition of Magnetic Bearings, market overview.
Chapter 2: Global Magnetic Bearings market size in revenue and volume.
Chapter 3: Detailed analysis of Magnetic Bearings manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Magnetic Bearings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Magnetic Bearings capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
