Magnetic Bearings Market

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.

Magnetic Bearings Market contains market size and forecasts of Magnetic Bearings in global, including the following market information:

Global Magnetic Bearings Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Magnetic Bearings Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Magnetic Bearings companies in 2021 (%)

The global Magnetic Bearings market was valued at 4076.7 million in 2021 and is projected to reach US$ 6378.3 million by 2028, at a CAGR of 6.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Active Magnetic Bearing Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Magnetic Bearings include SKF, Schaeffler, Dresser-rand, MECOS, Waukesha Bearings, LTi, Calnetix, Levitronix and Zeitlos, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has 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, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Magnetic Bearings Market Segment Percentages, by Type, 2021 (%)

Active Magnetic Bearing

Passive Magnetic Bearing

Hybrid Magnetic Bearing

Global Magnetic Bearings Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Magnetic Bearings Market Segment Percentages, by Application, 2021 (%)

Compressors

Turbines

Pumps

Motors

Generators

Others

Global Magnetic Bearings Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Magnetic Bearings Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (Estimated), ($ millions)

Key companies Magnetic Bearings revenues share in global market, 2021 (%)

Key companies Magnetic Bearings sales in global market, 2017-2022 (Estimated), (Units)

Key companies Magnetic Bearings sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

SKF

Schaeffler

Dresser-rand

MECOS

Waukesha Bearings

LTi

Calnetix

Levitronix

Zeitlos

Jiuyishun

Nanjing CIGU

FG-AMB

Tianjin Emaging