Magnetic Bearings Market Forecasts to 2028 – Global Analysis By Type (Hybrid, Active, Passive), Application (Motors, Generators, Turbo Machines), End User, and By Geography

Magnetic Bearings Market Forecasts to 2028 – Global Analysis By Type (Hybrid, Active, Passive), Application (Motors, Generators, Turbo Machines), End User, and By Geography

According to Stratistics MRC, the Global Magnetic Bearings Market is accounted for $2.58 billion in 2021 and is expected to reach $3.90 billion by 2028 growing at a CAGR of 6.1% during the forecast period. A magnetic bearing is a type of bearing that can support a load using magnetic levitation. It also supports moving parts without physical contact. Magnetic bearing supports the external load by means of magnetic levitation, which doesn’t allow any physical contact between the surfaces.

Market Dynamics:

Driver:

High efficiency of magnetic bearing

Magnetic bearings have the ability to eliminate low shaft rotational losses, which, in turn, decreases engine power and increases efficiency. Magnetic bearings can be hermetically sealed and thus are suitable in processes having corrosive fluids. They can also be submerged in process fluids under pressure with no necessity for seals. The requirement for regularly scheduled maintenance is eliminated as there are no consumables & worn components, and also the machine failure points are reduced, thus increasing efficiency and decreasing overall cost.

Restraint:

High costs

High installation costs, frequent system losses like air, iron, and copper losses, and the requirement of external power backup in case of power drop are likely to increase the overall cost of the Magnetic Bearings, which in turn, is anticipated to hamper the growth of magnetic bearings market over the forecast years.

Opportunity:

Innovation in products and business expansion

Various countries are expanding their production capabilities, which provide ample business opportunities for magnetic bearing manufacturers. Organizations are investing in R&D to cater to the necessities of a large number of consumers. Manufacturers are developing new solutions to attract consumers and build their market share. Advanced control algorithms in magnetic bearings have diminished vibration in machines even at high levels of unbalance. These enhancements in the product are likely to lead to higher product adoption.

The power segment is expected to be the largest during the forecast period

The power segment is estimated to have a lucrative growth as the increasing cost of energy along with the harmful environmental effects of power production have placed emphasis on taming renewable sources of energy and improving the utilization of energy, which induced the market growth of magnet bearings.

The bio-medical engineering/healthcare segment is expected to have the highest CAGR during the forecast period

The bio-medical engineering/healthcare segment is anticipated to witness the fastest CAGR growth during the forecast period owing to the increasing demand in niche markets of healthcare, such as cardiology and ventricular assistance can prove to be opportunities for the industry.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period due to increasing demand for industrialization and construction, the rising application of magnetic bearings in the cardiology sector of healthcare, and an increase in foreign investment in the construction sector. In addition, the government initiatives, and emphasis on the growth of core sectors such as power, and aerospace, the defense has ensured the fastest growth in the Asia Pacific market.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period owing to increased industrialization and urbanization in the region. Few countries in North America are adopting off-grid power systems, which increases the demand for magnetic bearings. The investment has been made for building utilities, upgrading, and replacing station equipment, poles, fixtures, and overhead lines and devices.

Key players in the market

Some of the key players profiled in the Magnetic Bearings Market include Waukesha Bearings Corporation, Celeroton AG, SKF AB, Schaeffler AG, Mecos AG, Siemens AG, Foshan Genesis, Calnetix Technologies, and Synchrony.

Key Developments:

In October 2021, Siemens AG acquired Wattsense, a hardware and software company, which offers IoT management systems in order to expand its building automation business and accelerate the adoption of IoT systems.

In November 2019, Waukesha Bearings Corporation in collaboration with L.A. Turbine commissioned the first ARES AMB Turboexpander-Compressor. This product was designed for the gas processing industry and is expected to provide operational benefits and financial savings. With its remote monitoring technology, it can be monitored for any disturbances during the operation.

Speeds Covered:
• Upto 50,000 Rpm
• 50,000 To 100,000 Rpm
• Above 10,000 Rpm

Types Covered:
• Hybrid Magnet Bearing
• Active Magnet Bearing
• Passive Magnet Bearing

Applications Covered:
• Motors
• Generators
• Turbo Machines

End Users Covered:
• Semiconductor and Vacuum Equipments
• Railway
• Power
• Oil & Gas
• Marine
• Bio-Medical Engineering/Healthcare
• Aerospace
• Petrochemicals

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Magnetic Bearings Market, By Speed
5.1 Introduction
5.2 Upto 50,000 Rpm
5.3 50,000 To 100,000 Rpm
5.4 Above 10,000 Rpm
6 Global Magnetic Bearings Market, By Type
6.1 Introduction
6.2 Hybrid Magnet Bearing
6.3 Active Magnet Bearing
6.3.1 Permanent Magnet (PM) Biased Magnetic Bearing
6.3.2 Electromagnetic (EM) Biased Magnetic Bearing
6.4 Passive Magnet Bearing
7 Global Magnetic Bearings Market, By Application
7.1 Introduction
7.2 Motors
7.3 Generators
7.4 Turbo Machines
7.4.1 Compressor
7.4.2 Turbine
7.4.3 Pumps
8 Global Magnetic Bearings Market, By End User
8.1 Introduction
8.2 Semiconductor and Vacuum Equipments
8.3 Railway
8.4 Power
8.5 Oil & Gas
8.6 Marine
8.7 Bio-Medical Engineering/Healthcare
8.8 Aerospace
8.9 Petrochemicals
9 Global Magnetic Bearings Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Waukesha Bearings Corporation
11.2 Celeroton AG
11.3 SKF AB
11.4 Schaeffler AG
11.5 Mecos AG
11.6 Siemens AG
11.7 Foshan Genesis
11.8 Calnetix Technologies
11.9 Synchrony
List of Tables
Table 1 Global Magnetic Bearings Market Outlook, By Region (2020-2028) ($MN)
Table 2 Global Magnetic Bearings Market Outlook, By Speed (2020-2028) ($MN)
Table 3 Global Magnetic Bearings Market Outlook, By Upto 50,000 Rpm (2020-2028) ($MN)
Table 4 Global Magnetic Bearings Market Outlook, By 50,000 To 100,000 Rpm (2020-2028) ($MN)
Table 5 Global Magnetic Bearings Market Outlook, By Above 10,000 Rpm (2020-2028) ($MN)
Table 6 Global Magnetic Bearings Market Outlook, By Type (2020-2028) ($MN)
Table 7 Global Magnetic Bearings Market Outlook, By Hybrid Magnet Bearing (2020-2028) ($MN)
Table 8 Global Magnetic Bearings Market Outlook, By Active Magnet Bearing (2020-2028) ($MN)
Table 9 Global Magnetic Bearings Market Outlook, By Permanent Magnet (PM) Biased Magnetic Bearing (2020-2028) ($MN)
Table 10 Global Magnetic Bearings Market Outlook, By Electromagnetic (EM) Biased Magnetic Bearing (2020-2028) ($MN)
Table 11 Global Magnetic Bearings Market Outlook, By Passive Magnet Bearing (2020-2028) ($MN)
Table 12 Global Magnetic Bearings Market Outlook, By Application (2020-2028) ($MN)
Table 13 Global Magnetic Bearings Market Outlook, By Motors (2020-2028) ($MN)
Table 14 Global Magnetic Bearings Market Outlook, By Generators (2020-2028) ($MN)
Table 15 Global Magnetic Bearings Market Outlook, By Turbo Machines (2020-2028) ($MN)
Table 16 Global Magnetic Bearings Market Outlook, By Compressor (2020-2028) ($MN)
Table 17 Global Magnetic Bearings Market Outlook, By Turbine (2020-2028) ($MN)
Table 18 Global Magnetic Bearings Market Outlook, By Pumps (2020-2028) ($MN)
Table 19 Global Magnetic Bearings Market Outlook, By End User (2020-2028) ($MN)
Table 20 Global Magnetic Bearings Market Outlook, By Semiconductor and Vacuum Equipments (2020-2028) ($MN)
Table 21 Global Magnetic Bearings Market Outlook, By Railway (2020-2028) ($MN)
Table 22 Global Magnetic Bearings Market Outlook, By Power (2020-2028) ($MN)
Table 23 Global Magnetic Bearings Market Outlook, By Oil & Gas (2020-2028) ($MN)
Table 24 Global Magnetic Bearings Market Outlook, By Marine (2020-2028) ($MN)
Table 25 Global Magnetic Bearings Market Outlook, By Bio-Medical Engineering/Healthcare (2020-2028) ($MN)
Table 26 Global Magnetic Bearings Market Outlook, By Aerospace (2020-2028) ($MN)
Table 27 Global Magnetic Bearings Market Outlook, By Petrochemicals (2020-2028) ($MN)
Table 28 North America Magnetic Bearings Market Outlook, By Country (2020-2028) ($MN)
Table 29 North America Magnetic Bearings Market Outlook, By Speed (2020-2028) ($MN)
Table 30 North America Magnetic Bearings Market Outlook, By Upto 50,000 Rpm (2020-2028) ($MN)
Table 31 North America Magnetic Bearings Market Outlook, By 50,000 To 100,000 Rpm (2020-2028) ($MN)
Table 32 North America Magnetic Bearings Market Outlook, By Above 10,000 Rpm (2020-2028) ($MN)
Table 33 North America Magnetic Bearings Market Outlook, By Type (2020-2028) ($MN)
Table 34 North America Magnetic Bearings Market Outlook, By Hybrid Magnet Bearing (2020-2028) ($MN)
Table 35 North America Magnetic Bearings Market Outlook, By Active Magnet Bearing (2020-2028) ($MN)
Table 36 North America Magnetic Bearings Market Outlook, By Permanent Magnet (PM) Biased Magnetic Bearing (2020-2028) ($MN)
Table 37 North America Magnetic Bearings Market Outlook, By Electromagnetic (EM) Biased Magnetic Bearing (2020-2028) ($MN)
Table 38 North America Magnetic Bearings Market Outlook, By Passive Magnet Bearing (2020-2028) ($MN)
Table 39 North America Magnetic Bearings Market Outlook, By Application (2020-2028) ($MN)
Table 40 North America Magnetic Bearings Market Outlook, By Motors (2020-2028) ($MN)
Table 41 North America Magnetic Bearings Market Outlook, By Generators (2020-2028) ($MN)
Table 42 North America Magnetic Bearings Market Outlook, By Turbo Machines (2020-2028) ($MN)
Table 43 North America Magnetic Bearings Market Outlook, By Compressor (2020-2028) ($MN)
Table 44 North America Magnetic Bearings Market Outlook, By Turbine (2020-2028) ($MN)
Table 45 North America Magnetic Bearings Market Outlook, By Pumps (2020-2028) ($MN)
Table 46 North America Magnetic Bearings Market Outlook, By End User (2020-2028) ($MN)
Table 47 North America Magnetic Bearings Market Outlook, By Semiconductor and Vacuum Equipments (2020-2028) ($MN)
Table 48 North America Magnetic Bearings Market Outlook, By Railway (2020-2028) ($MN)
Table 49 North America Magnetic Bearings Market Outlook, By Power (2020-2028) ($MN)
Table 50 North America Magnetic Bearings Market Outlook, By Oil & Gas (2020-2028) ($MN)
Table 51 North America Magnetic Bearings Market Outlook, By Marine (2020-2028) ($MN)
Table 52 North America Magnetic Bearings Market Outlook, By Bio-Medical Engineering/Healthcare (2020-2028) ($MN)
Table 53 North America Magnetic Bearings Market Outlook, By Aerospace (2020-2028) ($MN)
Table 54 North America Magnetic Bearings Market Outlook, By Petrochemicals (2020-2028) ($MN)
Table 55 Europe Magnetic Bearings Market Outlook, By Country (2020-2028) ($MN)
Table 56 Europe Magnetic Bearings Market Outlook, By Speed (2020-2028) ($MN)
Table 57 Europe Magnetic Bearings Market Outlook, By Upto 50,000 Rpm (2020-2028) ($MN)
Table 58 Europe Magnetic Bearings Market Outlook, By 50,000 To 100,000 Rpm (2020-2028) ($MN)
Table 59 Europe Magnetic Bearings Market Outlook, By Above 10,000 Rpm (2020-2028) ($MN)
Table 60 Europe Magnetic Bearings Market Outlook, By Type (2020-2028) ($MN)
Table 61 Europe Magnetic Bearings Market Outlook, By Hybrid Magnet Bearing (2020-2028) ($MN)
Table 62 Europe Magnetic Bearings Market Outlook, By Active Magnet Bearing (2020-2028) ($MN)
Table 63 Europe Magnetic Bearings Market Outlook, By Permanent Magnet (PM) Biased Magnetic Bearing (2020-2028) ($MN)
Table 64 Europe Magnetic Bearings Market Outlook, By Electromagnetic (EM) Biased Magnetic Bearing (2020-2028) ($MN)
Table 65 Europe Magnetic Bearings Market Outlook, By Passive Magnet Bearing (2020-2028) ($MN)
Table 66 Europe Magnetic Bearings Market Outlook, By Application (2020-2028) ($MN)
Table 67 Europe Magnetic Bearings Market Outlook, By Motors (2020-2028) ($MN)
Table 68 Europe Magnetic Bearings Market Outlook, By Generators (2020-2028) ($MN)
Table 69 Europe Magnetic Bearings Market Outlook, By Turbo Machines (2020-2028) ($MN)
Table 70 Europe Magnetic Bearings Market Outlook, By Compressor (2020-2028) ($MN)
Table 71 Europe Magnetic Bearings Market Outlook, By Turbine (2020-2028) ($MN)
Table 72 Europe Magnetic Bearings Market Outlook, By Pumps (2020-2028) ($MN)
Table 73 Europe Magnetic Bearings Market Outlook, By End User (2020-2028) ($MN)
Table 74 Europe Magnetic Bearings Market Outlook, By Semiconductor and Vacuum Equipments (2020-2028) ($MN)
Table 75 Europe Magnetic Bearings Market Outlook, By Railway (2020-2028) ($MN)
Table 76 Europe Magnetic Bearings Market Outlook, By Power (2020-2028) ($MN)
Table 77 Europe Magnetic Bearings Market Outlook, By Oil & Gas (2020-2028) ($MN)
Table 78 Europe Magnetic Bearings Market Outlook, By Marine (2020-2028) ($MN)
Table 79 Europe Magnetic Bearings Market Outlook, By Bio-Medical Engineering/Healthcare (2020-2028) ($MN)
Table 80 Europe Magnetic Bearings Market Outlook, By Aerospace (2020-2028) ($MN)
Table 81 Europe Magnetic Bearings Market Outlook, By Petrochemicals (2020-2028) ($MN)
Table 82 Asia Pacific Magnetic Bearings Market Outlook, By Country (2020-2028) ($MN)
Table 83 Asia Pacific Magnetic Bearings Market Outlook, By Speed (2020-2028) ($MN)
Table 84 Asia Pacific Magnetic Bearings Market Outlook, By Upto 50,000 Rpm (2020-2028) ($MN)
Table 85 Asia Pacific Magnetic Bearings Market Outlook, By 50,000 To 100,000 Rpm (2020-2028) ($MN)
Table 86 Asia Pacific Magnetic Bearings Market Outlook, By Above 10,000 Rpm (2020-2028) ($MN)
Table 87 Asia Pacific Magnetic Bearings Market Outlook, By Type (2020-2028) ($MN)
Table 88 Asia Pacific Magnetic Bearings Market Outlook, By Hybrid Magnet Bearing (2020-2028) ($MN)
Table 89 Asia Pacific Magnetic Bearings Market Outlook, By Active Magnet Bearing (2020-2028) ($MN)
Table 90 Asia Pacific Magnetic Bearings Market Outlook, By Permanent Magnet (PM) Biased Magnetic Bearing (2020-2028) ($MN)
Table 91 Asia Pacific Magnetic Bearings Market Outlook, By Electromagnetic (EM) Biased Magnetic Bearing (2020-2028) ($MN)
Table 92 Asia Pacific Magnetic Bearings Market Outlook, By Passive Magnet Bearing (2020-2028) ($MN)
Table 93 Asia Pacific Magnetic Bearings Market Outlook, By Application (2020-2028) ($MN)
Table 94 Asia Pacific Magnetic Bearings Market Outlook, By Motors (2020-2028) ($MN)
Table 95 Asia Pacific Magnetic Bearings Market Outlook, By Generators (2020-2028) ($MN)
Table 96 Asia Pacific Magnetic Bearings Market Outlook, By Turbo Machines (2020-2028) ($MN)
Table 97 Asia Pacific Magnetic Bearings Market Outlook, By Compressor (2020-2028) ($MN)
Table 98 Asia Pacific Magnetic Bearings Market Outlook, By Turbine (2020-2028) ($MN)
Table 99 Asia Pacific Magnetic Bearings Market Outlook, By Pumps (2020-2028) ($MN)
Table 100 Asia Pacific Magnetic Bearings Market Outlook, By End User (2020-2028) ($MN)
Table 101 Asia Pacific Magnetic Bearings Market Outlook, By Semiconductor and Vacuum Equipments (2020-2028) ($MN)
Table 102 Asia Pacific Magnetic Bearings Market Outlook, By Railway (2020-2028) ($MN)
Table 103 Asia Pacific Magnetic Bearings Market Outlook, By Power (2020-2028) ($MN)
Table 104 Asia Pacific Magnetic Bearings Market Outlook, By Oil & Gas (2020-2028) ($MN)
Table 105 Asia Pacific Magnetic Bearings Market Outlook, By Marine (2020-2028) ($MN)
Table 106 Asia Pacific Magnetic Bearings Market Outlook, By Bio-Medical Engineering/Healthcare (2020-2028) ($MN)
Table 107 Asia Pacific Magnetic Bearings Market Outlook, By Aerospace (2020-2028) ($MN)
Table 108 Asia Pacific Magnetic Bearings Market Outlook, By Petrochemicals (2020-2028) ($MN)
Table 109 South America Magnetic Bearings Market Outlook, By Country (2020-2028) ($MN)
Table 110 South America Magnetic Bearings Market Outlook, By Speed (2020-2028) ($MN)
Table 111 South America Magnetic Bearings Market Outlook, By Upto 50,000 Rpm (2020-2028) ($MN)
Table 112 South America Magnetic Bearings Market Outlook, By 50,000 To 100,000 Rpm (2020-2028) ($MN)
Table 113 South America Magnetic Bearings Market Outlook, By Above 10,000 Rpm (2020-2028) ($MN)
Table 114 South America Magnetic Bearings Market Outlook, By Type (2020-2028) ($MN)
Table 115 South America Magnetic Bearings Market Outlook, By Hybrid Magnet Bearing (2020-2028) ($MN)
Table 116 South America Magnetic Bearings Market Outlook, By Active Magnet Bearing (2020-2028) ($MN)
Table 117 South America Magnetic Bearings Market Outlook, By Permanent Magnet (PM) Biased Magnetic Bearing (2020-2028) ($MN)
Table 118 South America Magnetic Bearings Market Outlook, By Electromagnetic (EM) Biased Magnetic Bearing (2020-2028) ($MN)
Table 119 South America Magnetic Bearings Market Outlook, By Passive Magnet Bearing (2020-2028) ($MN)
Table 120 South America Magnetic Bearings Market Outlook, By Application (2020-2028) ($MN)
Table 121 South America Magnetic Bearings Market Outlook, By Motors (2020-2028) ($MN)
Table 122 South America Magnetic Bearings Market Outlook, By Generators (2020-2028) ($MN)
Table 123 South America Magnetic Bearings Market Outlook, By Turbo Machines (2020-2028) ($MN)
Table 124 South America Magnetic Bearings Market Outlook, By Compressor (2020-2028) ($MN)
Table 125 South America Magnetic Bearings Market Outlook, By Turbine (2020-2028) ($MN)
Table 126 South America Magnetic Bearings Market Outlook, By Pumps (2020-2028) ($MN)
Table 127 South America Magnetic Bearings Market Outlook, By End User (2020-2028) ($MN)
Table 128 South America Magnetic Bearings Market Outlook, By Semiconductor and Vacuum Equipments (2020-2028) ($MN)
Table 129 South America Magnetic Bearings Market Outlook, By Railway (2020-2028) ($MN)
Table 130 South America Magnetic Bearings Market Outlook, By Power (2020-2028) ($MN)
Table 131 South America Magnetic Bearings Market Outlook, By Oil & Gas (2020-2028) ($MN)
Table 132 South America Magnetic Bearings Market Outlook, By Marine (2020-2028) ($MN)
Table 133 South America Magnetic Bearings Market Outlook, By Bio-Medical Engineering/Healthcare (2020-2028) ($MN)
Table 134 South America Magnetic Bearings Market Outlook, By Aerospace (2020-2028) ($MN)
Table 135 South America Magnetic Bearings Market Outlook, By Petrochemicals (2020-2028) ($MN)
Table 136 Middle East & Africa Magnetic Bearings Market Outlook, By Country (2020-2028) ($MN)
Table 137 Middle East & Africa Magnetic Bearings Market Outlook, By Speed (2020-2028) ($MN)
Table 138 Middle East & Africa Magnetic Bearings Market Outlook, By Upto 50,000 Rpm (2020-2028) ($MN)
Table 139 Middle East & Africa Magnetic Bearings Market Outlook, By 50,000 To 100,000 Rpm (2020-2028) ($MN)
Table 140 Middle East & Africa Magnetic Bearings Market Outlook, By Above 10,000 Rpm (2020-2028) ($MN)
Table 141 Middle East & Africa Magnetic Bearings Market Outlook, By Type (2020-2028) ($MN)
Table 142 Middle East & Africa Magnetic Bearings Market Outlook, By Hybrid Magnet Bearing (2020-2028) ($MN)
Table 143 Middle East & Africa Magnetic Bearings Market Outlook, By Active Magnet Bearing (2020-2028) ($MN)
Table 144 Middle East & Africa Magnetic Bearings Market Outlook, By Permanent Magnet (PM) Biased Magnetic Bearing (2020-2028) ($MN)
Table 145 Middle East & Africa Magnetic Bearings Market Outlook, By Electromagnetic (EM) Biased Magnetic Bearing (2020-2028) ($MN)
Table 146 Middle East & Africa Magnetic Bearings Market Outlook, By Passive Magnet Bearing (2020-2028) ($MN)
Table 147 Middle East & Africa Magnetic Bearings Market Outlook, By Application (2020-2028) ($MN)
Table 148 Middle East & Africa Magnetic Bearings Market Outlook, By Motors (2020-2028) ($MN)
Table 149 Middle East & Africa Magnetic Bearings Market Outlook, By Generators (2020-2028) ($MN)
Table 150 Middle East & Africa Magnetic Bearings Market Outlook, By Turbo Machines (2020-2028) ($MN)
Table 151 Middle East & Africa Magnetic Bearings Market Outlook, By Compressor (2020-2028) ($MN)
Table 152 Middle East & Africa Magnetic Bearings Market Outlook, By Turbine (2020-2028) ($MN)
Table 153 Middle East & Africa Magnetic Bearings Market Outlook, By Pumps (2020-2028) ($MN)
Table 154 Middle East & Africa Magnetic Bearings Market Outlook, By End User (2020-2028) ($MN)
Table 155 Middle East & Africa Magnetic Bearings Market Outlook, By Semiconductor and Vacuum Equipments (2020-2028) ($MN)
Table 156 Middle East & Africa Magnetic Bearings Market Outlook, By Railway (2020-2028) ($MN)
Table 157 Middle East & Africa Magnetic Bearings Market Outlook, By Power (2020-2028) ($MN)
Table 158 Middle East & Africa Magnetic Bearings Market Outlook, By Oil & Gas (2020-2028) ($MN)
Table 159 Middle East & Africa Magnetic Bearings Market Outlook, By Marine (2020-2028) ($MN)
Table 160 Middle East & Africa Magnetic Bearings Market Outlook, By Bio-Medical Engineering/Healthcare (2020-2028) ($MN)
Table 161 Middle East & Africa Magnetic Bearings Market Outlook, By Aerospace (2020-2028) ($MN)
Table 162 Middle East & Africa Magnetic Bearings Market Outlook, By Petrochemicals (2020-2028) ($MN)

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