Global Magnetic Bearings Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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.
According to our (Global Info Research) latest study, the global Magnetic Bearings market size was valued at US$ 4382 million in 2023 and is forecast to a readjusted size of USD 7995 million by 2030 with a CAGR of 9.1% during review period.
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.
This report is a detailed and comprehensive analysis for global Magnetic Bearings market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Magnetic Bearings market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030
Global Magnetic Bearings market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030
Global Magnetic Bearings market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030
Global Magnetic Bearings market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Magnetic Bearings
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Magnetic Bearings market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SKF, Waukesha Bearings, Schaeffler, Siemens, KEBA Industrial Automation, Zeitlos, Kazancompressormash, MECOS, Calnetix, Synchrony, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Magnetic Bearings market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Active Magnetic Bearing
Passive Magnetic Bearing
Hybrid Magnetic Bearing
Market segment by Application
Motors
Blowers
Compressors
Pumps
Generators
Turbines
Others
Major players covered
SKF
Waukesha Bearings
Schaeffler
Siemens
KEBA Industrial Automation
Zeitlos
Kazancompressormash
MECOS
Calnetix
Synchrony
FG-AMB
Levitronix
Nanjing CIGU
Maruwa Electronic
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Magnetic Bearings product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Magnetic Bearings, with price, sales quantity, revenue, and global market share of Magnetic Bearings from 2019 to 2024.
Chapter 3, the Magnetic Bearings competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Magnetic Bearings breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Magnetic Bearings market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Magnetic Bearings.
Chapter 14 and 15, to describe Magnetic Bearings sales channel, distributors, customers, research findings and conclusion.