Companies Focus on Mission-critical Projects to Generate Revenue Streams During COVID-19 Outbreak

Business activities in manufacturing and industrial sectors are being conducted in a staggered manner due to the COVID-19 outbreak. Similarly, the magnetic bearing market is estimated to witness steady growth, in terms of revenue, by the financial year of 2022. Market stakeholders are focusing on mission-critical projects in the bio-medical engineering, semiconductor, and oil & gas industries to keep the economies running during the pandemic.

Companies in the magnetic bearing market are taking data-driven decisions before investing in new technologies and processes. They are entering into mergers & acquisitions (M&As) to gain a competitive edge over other market players. Companies are drawing an analysis to understand their high-risk clients and customers where recovery of debt may be an issue. They are focusing on positive or limited negative impact industries.

magnetic bearing market infographic

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Magnetic Bearings V/S Air Foil Bearings: Which is Better?

Magnetic bearings and air foil bearings are viable solutions for high-speed applications. However, both types have different strengths and weaknesses. Air foil bearings operate without the need for an external power supply or control system. However, these bearings are also sensitive to damage, if a particulate matter enters the bearings and becomes trapped between the shaft and the foil. Active magnetic bearings help overcome these drawbacks.

Magnetic bearings can tolerate higher forces, allowing their use on large machines without the need of additional cooling. However, active magnetic bearings require sophisticated control electronics and a continual source of power. Nevertheless, Industry 4.0 holds revenue opportunities for manufacturers in the magnetic bearing market, since these systems provide built-in condition monitoring capabilities for the compressor.

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Leading-edge Magnetic Bearings Cater to Applications Demanding High Speeds and Low Vibration

The global magnetic bearing market is projected to clock a CAGR of 5.7% during the forecast period. AB SKF - a Swedish bearing and seal manufacturing company, is gaining recognition for its magnetic bearings and systems that are ideal for applications demanding high speeds and low vibration. Manufacturers are taking cues from such innovations to develop bearings that eliminate the need of physical contact, lubrication, or bearing changes. Built-in vibration management, low energy consumption, and active management advantages are being preferred in magnetic bearings.

Companies in the magnetic bearing market are increasing R&D to deploy high reliability and energy efficiency in systems with the help of electromagnets that generate forces in radial & axial directions to levitate the shaft, allowing it to rotate contact-free. They are increasing the availability of oil-free and contamination-free magnetic bearings.

Use of Magnetic Bearing Centrifugal Chillers as GWP Refrigerants

The magnetic bearing market is projected to surpass US$ 3 Bn by 2031. Johnson Controls International - an American-Irish-domiciled multinational conglomerate, is gaining popularity for its York YZ magnetic bearing centrifugal chiller, which has been recognized at the 2021 China Refrigeration Exhibition at Shanghai New International Expo Center. Market stakeholders are taking cues from such innovations to develop low global warming potential (GWP) refrigerants that provide high efficiency.

Companies in the magnetic bearing market are developing systems that provide instantaneous and unlimited start/stop operate in vacuum and in process gas. There is a growing demand for magnetic bearings that complement automated drive solutions.

magnetic bearing market segmentation

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Analysts’ Viewpoint

Since financial squeeze has been the main concern of companies in the magnetic bearing market, stakeholders are diversifying their business activities in aerospace and power generation applications during the ongoing COVID-19 outbreak. Although magnetic bearings have the advantage of built-in monitoring, their high upfront cost as compared to air bearings is emerging as a potential shortcoming. Hence, companies should increase awareness about maintenance-free and oil-free attributes of magnetic bearings to offset the upfront cost of magnetic bearings in comparison with air bearings. They should promote the contactless technology of magnetic bearings, which is non-wearing and eliminates the need of lubrication. Moreover, the high damping properties of magnetic bearings help withstand high transient loads, which allow active control of the shaft unbalance.

Magnetic Bearing Market: Overview

  • According to Transparency Market Research’s latest research report on the global magnetic bearing market for the historical period 2017–2019 and the forecast period 2021–2031, increasing investment in various end-use industries coupled with growing population in regions such as Asia Pacific is providing lucrative opportunities to the global magnetic bearing market. Increasing industrialization and extensive adoption of magnetic bearing systems are fuelling the growth of the market, especially in developing regions.
  • In terms of revenue, the global magnetic bearing market is estimated to exceed the value of US$ 3 Bn by 2031, expanding at a CAGR of 5.7% during the forecast period

Low Maintenance Cost and High Efficiency to Drive Magnetic Bearing Market

  • High-speed applications demand high quality bearings without any friction. Conventional bearings are subjected to surface contact, which results in high wear & tear in upper speed range. In such conditions, magnetic bearings are a suitable option. Magnetic bearings with their contactless technology are non-wearing, maintenance-free, and removes the use of lubricating oil. Lubrication free operations means the elimination of lubrication and other associated auxiliary systems, thus reducing the overall ownership cost.
  • Magnetic bearings have the capability of eliminating low shaft rotational losses, which, in turn, reduces motor 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 without any requirement for seals. Another advantage of magnetic bearing over conventional bearing is its capability of operating at higher surface speeds.
  • Use of magnetic bearing systems help in decreasing the footprint of the machinery as the systems eliminate the use of cooling systems, condition monitoring systems, etc. The need for spare parts associated with the displaced equipment is removed, thus increasing the reliability of the system. The need for regular 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.
  • Largely lubrication free, high surface speed, low energy consumption, low vibration, high reliability, and high precision are the factors due to which the global magnetic bearing market is expected to expand during the forecast period

Innovation in Products and Business Expansion to Generate Lucrative Opportunities for Manufacturers & Distributors of Magnetic Bearings: Key Opportunity of Global Market

  • Various countries are expanding their production capabilities, which create lucrative business opportunities for magnetic bearing manufacturers. Companies are heavily investing in R&D to cater to the needs of a wide range of consumers. Manufacturers are developing new solutions to attract consumers and to increase their market share. For instance, recent developments in magnetic bearings are standardization, miniaturization, and integration, which help to improve reliability, provide advanced monitoring, and minimizes friction.
  • Innovations in magnetic bearings simplify systems, reduce complexity, and eliminate special sensor tuning. Advanced control algorithms in magnetic bearings have reduced vibration in machines even at high levels of unbalance. These improvements in the product are expected to lead to higher product adoption during the forecast period. Apart from product development, expansion is also an important factor for business growth. Entering new geographies and expanding business in untapped markets will further open doors for new business opportunities during the forecast period.

Magnetic Bearing Market: Competition Landscape

  • Detailed profiles of manufacturers of magnetic bearings have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the global magnetic bearing market include
    • SKF AB
    • Siemens AG
    • Schaeffler Technologies GmbH & Co. KG
    • Waukesha Bearings Corporation
    • KEBA
    • Calnetix Technologies, LLC
    • Mecos Ag
    • SpinDrive Oy.
    • EAAT GmbH Chemnitz
    • Supermag (Suci Technology)

Magnetic Bearing Market: Key Developments

  • Key players operating in the magnetic bearing market such as SKF AB, Siemens AG, Schaeffler Technologies GmbH & Co. KG, Waukesha Bearings Corporation, and KEBA are focusing on research & development and expansion of product portfolio to attract more customers. Some other key developments in the global magnetic bearing market are highlighted below:
    • In October 2021, SKF AB announced its commitment to reduce CO2 emissions in its supply chain by 45% by 2035 and by 60% by 2040. This is in line with the Paris Climate Agreement to reach net zero global emissions by 2050 and to limit global warming to 1.5°C.
    • 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 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.
    • In April 2021, KEBA announced its expansion plan in the west of Linz in the municipalities of Leonding and Pasching, considering the company's growth over the past 10 years, along with the increase in demand for its products and services
  • In the global magnetic bearing report, we have discussed individual strategies, followed by prominent players operating in the global magnetic bearing market. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global magnetic bearing market.

Magnetic Bearing Market Snapshot

Attribute

Detail

Market Size Value in 2020

US$ 1.7 Bn

Market Forecast Value in 2031

US$ 3 Bn

Growth Rate (CAGR)

5.7%

Forecast Period

2021-2031

Market Analysis

US$ Mn for Value & ‘000 Units for Volume

Key Market Segments Covered

  • Type
    • Active Magnetic Bearings
      • Electromagnetic (EM) Biased Magnetic Bearing
      • Permanent Magnet (PM) Biased Magnetic Bearing
    • Passive Magnetic Bearings
  • Application
    • Turbo Machines
      • Compressors
      • Turbines
      • Pumps
      • Others
    • Motors
    • Generators
  • End-use
    • Bio-Medical Engineering
    • Semiconductor Industry
    • Aerospace
    • Oil & Gas
    • Power Generation
    • Others (Marine, Processing, etc.)
  • End-use vs. Application
    • Bio-Medical Engineering
      • Turbo Machines
        • Compressors
        • Turbines
        • Pumps
        • Others
      • Motors
      • Generators
    • Semiconductor Industry
      • Turbo Machines
        • Compressors
        • Turbines
        • Pumps
        • Others
      • Motors
      • Generators
    • Aerospace
      • Turbo Machines
        • Compressors
        • Turbines
        • Pumps
        • Others
      • Motors
      • Generators
    • Oil & Gas
      • Turbo Machines
        • Compressors
        • Turbines
        • Pumps
        • Others
      • Motors
      • Generators
    • Power
      • Turbo Machines
        • Compressors
        • Turbines
        • Pumps
        • Others
      • Motors
      • Generators
    • Others
      • Turbo Machines
        • Compressors
        • Turbines
        • Pumps
        • Others
      • Motors
      • Generators

Key Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Key Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Japan
  • China
  • India
  • GCC Countries
  • South Africa
  • Brazil

Key Companies Profiled

  • SKF AB
  • Siemens AG
  • Schaeffler Technologies GmbH & Co. KG
  • Waukesha Bearings Corporation
  • KEBA
  • Calnetix Technologies, LLC
  • Mecos Ag
  • SpinDrive Oy.
  • EAAT GmbH Chemnitz
  • Supermag (Suci Technology)

Customization Scope

Available upon Request

Pricing

Available upon Request

Magnetic Bearing Market – Scope of Report

A new study on the global magnetic bearing market has been published by Transparency Market Research (TMR). It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges, as well as the structure of the global magnetic bearing market across the globe. TMR’s study offers valuable information about the global magnetic bearing market to illustrate how the market would grow during the forecast period, 2021–2031.

Key indicators of market growth, which include value chain as well as supply chain analyses, and Compound Annual Growth Rate (CAGR), are elucidated in TMR’s study in a comprehensive manner. This data can help readers interpret quantitative growth aspects of the global magnetic bearing market during the forecast period.

An extensive analysis of business strategies of leading market players is also featured in TMR’s study on the global magnetic bearing market. This can help readers understand principal factors to foresee growth in the global magnetic bearing market. In this study, readers can also find specific data on the qualitative and quantitative growth avenues for the global magnetic bearing market, which is expected to guide market players in making apt decisions in the future.

Key Questions Answered in TMR’s Magnetic Bearing Market Study

  • What are the key factors influencing the magnetic bearing market in each region?
  • What will be the CAGR of the global magnetic bearing market between 2021 and 2031?
  • What is the future scope and current trends in terms of type and application of the global magnetic bearing market?
  • What is the revenue of the global magnetic bearing market based on respective segments?
  • Which are the key strategies used by top players of the global magnetic bearing market?
  • Which are the leading companies in the global magnetic bearing market?

Research Methodology – Magnetic Bearing Market

A unique research methodology has been utilized by TMR to conduct comprehensive research on the growth of the global magnetic bearing market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.

Secondary sources referred to by analysts during the production of the global magnetic bearing market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of TMR’s study on the magnetic bearing market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as a validation from magnetic bearing industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global magnetic bearing market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped in making TMR’s estimates on the future prospects of the global magnetic bearing market more reliable and accurate.

Magnetic Bearing Market – Segmentation

TMR’s study on the global magnetic bearing market includes information categorized into five sections ― type, application, end-use, end-use vs application, and region. Changing consumer preference and other crucial market dynamics associated with these sections of the magnetic bearing market are discussed in detail.

Type
  • Active Magnetic Bearings
    • Electromagnetic (EM) Biased Magnetic Bearing
    • Permanent Magnet (PM) Biased Magnetic Bearing
  • Passive Magnetic Bearings
Application
  • Turbo Machines
    • Compressors
    • Turbines
    • Pumps
    • Others
  • Motors
  • Generators
End-use
  • Bio-Medical Engineering
  • Semiconductor Industry
  • Aerospace
  • Oil & Gas
  • Power Generation
  • Others (Marine, Processing, etc.)
End-use vs Application
  • Bio-Medical Engineering
    • Turbo Machines
      • Compressors
      • Turbines
      • Pumps
      • Others
    • Motors
    • Generators
  • Semiconductor Industry
    • Turbo Machines
      • Compressors
      • Turbines
      • Pumps
      • Others
    • Motors
    • Generators
  • Aerospace
    • Turbo Machines
      • Compressors
      • Turbines
      • Pumps
      • Others
    • Motors
    • Generators
  • Oil & Gas
    • Turbo Machines
      • Compressors
      • Turbines
      • Pumps
      • Others
    • Motors
    • Generators
  • Power
    • Turbo Machines
      • Compressors
      • Turbines
      • Pumps
      • Others
    • Motors
    • Generators
  • Others
    • Turbo Machines
      • Compressors
      • Turbines
      • Pumps
      • Others
    • Motors
    • Generators
Region
  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions

3. Research Methodology

4. Executive Summary

5. Market Overview

    5.1. Introduction

    5.2. Market Dynamics

        5.2.1. Drivers

        5.2.2. Restraints

        5.2.3. Opportunities

    5.3. Key Trends Analysis

        5.3.1. Demand Side Analysis

        5.3.2. Supply Side Analysis

    5.4. Key Market Indicators

        5.4.1. Overall Bearing Industry Overview

    5.5. Porter’s Five Forces Analysis

    5.6. Value Chain Analysis

    5.7. Industry SWOT Analysis

    5.8. Key Trends Analysis

        5.8.1. Supplier Side

        5.8.2. Demand Side

    5.9. Regulatory Framework and Guidelines

    5.10. Technology Overview

    5.11. Global Magnetic Bearing Market Analysis and Forecast, 2017 - 2031

        5.11.1. Market Revenue Projections (US$ Mn)

        5.11.2. Market Volume Projections (Thousand Units)

6. Global Magnetic Bearing Market Analysis and Forecast, By Type

    6.1. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Type, 2017 - 2031

        6.1.1. Active Magnetic Bearings

            6.1.1.1. Electromagnetic (EM) Biased Magnetic Bearing

            6.1.1.2. Permanent Magnet (PM) Biased Magnetic Bearing

        6.1.2. Passive Magnetic Bearings

    6.2. Incremental Opportunity, By Type

7. Global Magnetic Bearing Market Analysis and Forecast, By Application

    7.1. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Application, 2017 - 2031

        7.1.1. Turbo Machines

            7.1.1.1. Compressors

            7.1.1.2. Turbines

            7.1.1.3. Pumps

            7.1.1.4. Others

        7.1.2. Motors

        7.1.3. Generators

    7.2. Incremental Opportunity, By Application

8. Global Magnetic Bearing Market Analysis and Forecast, By End-use

    8.1. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By End-use, 2017 - 2031

        8.1.1. Bio-Medical Engineering

        8.1.2. Semiconductor Industry

        8.1.3. Aerospace

        8.1.4. Oil & Gas

        8.1.5. Power

        8.1.6. Others

    8.2. Incremental Opportunity, By End-use

9. Global Magnetic Bearing Market Analysis and Forecast, By End-use vs Application

        9.1.1. Bio-Medical Engineering

            9.1.1.1. Turbo Machines

                9.1.1.1.1. Compressors

                9.1.1.1.2. Turbines

                9.1.1.1.3. Pumps

                9.1.1.1.4. Others

            9.1.1.2. Motors

            9.1.1.3. Generators

        9.1.2. Semiconductor Industry

            9.1.2.1. Turbo Machines

                9.1.2.1.1. Compressors

                9.1.2.1.2. Turbines

                9.1.2.1.3. Pumps

                9.1.2.1.4. Others

            9.1.2.2. Motors

            9.1.2.3. Generators

        9.1.3. Aerospace

            9.1.3.1. Turbo Machines

                9.1.3.1.1. Compressors

                9.1.3.1.2. Turbines

                9.1.3.1.3. Pumps

                9.1.3.1.4. Others

            9.1.3.2. Motors

            9.1.3.3. Generators

        9.1.4. Oil & Gas

            9.1.4.1. Turbo Machines

                9.1.4.1.1. Compressors

                9.1.4.1.2. Turbines

                9.1.4.1.3. Pumps

                9.1.4.1.4. Others

            9.1.4.2. Motors

            9.1.4.3. Generators

        9.1.5. Power

            9.1.5.1. Turbo Machines

                9.1.5.1.1. Compressors

                9.1.5.1.2. Turbines

                9.1.5.1.3. Pumps

                9.1.5.1.4. Others

            9.1.5.2. Motors

            9.1.5.3. Generators

        9.1.6. Others

            9.1.6.1. Turbo Machines

                9.1.6.1.1. Compressors

                9.1.6.1.2. Turbines

                9.1.6.1.3. Pumps

                9.1.6.1.4. Others

            9.1.6.2. Motors

            9.1.6.3. Generators

10. Global Magnetic Bearing Market Analysis and Forecast, By Region

    10.1. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Region, 2017 - 2031

        10.1.1. North America

        10.1.2. Europe

        10.1.3. Asia Pacific

        10.1.4. Middle East & Africa

        10.1.5. South America

    10.2. Incremental Opportunity, By Region

11. North America Magnetic Bearing Market Analysis and Forecast

    11.1. Regional Snapshot

    11.2. Key Trends Analysis

        11.2.1. Supplier Side

        11.2.2. Demand Side

    11.3. Price Trend Analysis

        11.3.1. Weighted Average Price

    11.4. Key Suppliers Analysis

    11.5. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Type, 2017 - 2031

        11.5.1. Active Magnetic Bearings

            11.5.1.1. Electromagnetic (EM) Biased Magnetic Bearing

            11.5.1.2. Permanent Magnet (PM) Biased Magnetic Bearing

        11.5.2. Passive Magnetic Bearings

    11.6. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Application, 2017 - 2031

        11.6.1. Turbo Machines

            11.6.1.1. Compressors

            11.6.1.2. Turbines

            11.6.1.3. Pumps

            11.6.1.4. Others

        11.6.2. Motors

        11.6.3. Generators

    11.7. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By End-use, 2017 - 2031

        11.7.1. Bio-Medical Engineering

        11.7.2. Semiconductor Industry

        11.7.3. Aerospace

        11.7.4. Oil & Gas

        11.7.5. Power

        11.7.6. Others

    11.8. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By End-use vs Application, 2017 - 2031

        11.8.1. Bio-Medical Engineering

            11.8.1.1. Turbo Machines

                11.8.1.1.1. Compressors

                11.8.1.1.2. Turbines

                11.8.1.1.3. Pumps

                11.8.1.1.4. Others

            11.8.1.2. Motors

            11.8.1.3. Generators

        11.8.2. Semiconductor Industry

            11.8.2.1. Turbo Machines

                11.8.2.1.1. Compressors

                11.8.2.1.2. Turbines

                11.8.2.1.3. Pumps

                11.8.2.1.4. Others

            11.8.2.2. Motors

            11.8.2.3. Generators

        11.8.3. Aerospace

            11.8.3.1. Turbo Machines

                11.8.3.1.1. Compressors

                11.8.3.1.2. Turbines

                11.8.3.1.3. Pumps

                11.8.3.1.4. Others

            11.8.3.2. Motors

            11.8.3.3. Generators

        11.8.4. Oil & Gas

            11.8.4.1. Turbo Machines

                11.8.4.1.1. Compressors

                11.8.4.1.2. Turbines

                11.8.4.1.3. Pumps

                11.8.4.1.4. Others

            11.8.4.2. Motors

            11.8.4.3. Generators

        11.8.5. Power

            11.8.5.1. Turbo Machines

                11.8.5.1.1. Compressors

                11.8.5.1.2. Turbines

                11.8.5.1.3. Pumps

                11.8.5.1.4. Others

            11.8.5.2. Motors

            11.8.5.3. Generators

        11.8.6. Others

            11.8.6.1. Turbo Machines

                11.8.6.1.1. Compressors

                11.8.6.1.2. Turbines

                11.8.6.1.3. Pumps

                11.8.6.1.4. Others

            11.8.6.2. Motors

            11.8.6.3. Generators

    11.9. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Country & Sub-region, 2017 - 2031

        11.9.1. U.S.

        11.9.2. Canada

        11.9.3. Rest of North America

    11.10. Incremental Opportunity Analysis

12. Europe Magnetic Bearing Market Analysis and Forecast

    12.1. Regional Snapshot

    12.2. Key Trends Analysis

        12.2.1. Supplier Side

        12.2.2. Demand Side

    12.3. Price Trend Analysis

        12.3.1. Weighted Average Price

    12.4. Key Suppliers Analysis

    12.5. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Type, 2017 - 2031

        12.5.1. Active Magnetic Bearings

            12.5.1.1. Electromagnetic (EM) Biased Magnetic Bearing

            12.5.1.2. Permanent Magnet (PM) Biased Magnetic Bearing

        12.5.2. Passive Magnetic Bearings

    12.6. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Application, 2017 - 2031

        12.6.1. Turbo Machines

            12.6.1.1. Compressors

            12.6.1.2. Turbines

            12.6.1.3. Pumps

            12.6.1.4. Others

        12.6.2. Motors

        12.6.3. Generators

    12.7. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By End-use, 2017 - 2031

        12.7.1. Bio-Medical Engineering

        12.7.2. Semiconductor Industry

        12.7.3. Aerospace

        12.7.4. Oil & Gas

        12.7.5. Power

        12.7.6. Others

    12.8. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By End-use vs Application, 2017 - 2031

        12.8.1. Bio-Medical Engineering

            12.8.1.1. Turbo Machines

                12.8.1.1.1. Compressors

                12.8.1.1.2. Turbines

                12.8.1.1.3. Pumps

                12.8.1.1.4. Others

            12.8.1.2. Motors

            12.8.1.3. Generators

        12.8.2. Semiconductor Industry

            12.8.2.1. Turbo Machines

                12.8.2.1.1. Compressors

                12.8.2.1.2. Turbines

                12.8.2.1.3. Pumps

                12.8.2.1.4. Others

            12.8.2.2. Motors

            12.8.2.3. Generators

        12.8.3. Aerospace

            12.8.3.1. Turbo Machines

                12.8.3.1.1. Compressors

                12.8.3.1.2. Turbines

                12.8.3.1.3. Pumps

                12.8.3.1.4. Others

            12.8.3.2. Motors

            12.8.3.3. Generators

        12.8.4. Oil & Gas

            12.8.4.1. Turbo Machines

                12.8.4.1.1. Compressors

                12.8.4.1.2. Turbines

                12.8.4.1.3. Pumps

                12.8.4.1.4. Others

            12.8.4.2. Motors

            12.8.4.3. Generators

        12.8.5. Power

            12.8.5.1. Turbo Machines

                12.8.5.1.1. Compressors

                12.8.5.1.2. Turbines

                12.8.5.1.3. Pumps

                12.8.5.1.4. Others

            12.8.5.2. Motors

            12.8.5.3. Generators

        12.8.6. Others

            12.8.6.1. Turbo Machines

                12.8.6.1.1. Compressors

                12.8.6.1.2. Turbines

                12.8.6.1.3. Pumps

                12.8.6.1.4. Others

            12.8.6.2. Motors

            12.8.6.3. Generators

    12.9. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Country & Sub-region, 2017 – 2031

        12.9.1. U.K.

        12.9.2. Germany

        12.9.3. France

        12.9.4. Rest of Europe

    12.10. Incremental Opportunity Analysis

13. Asia Pacific Magnetic Bearing Market Analysis and Forecast

    13.1. Regional Snapshot

    13.2. Key Trends Analysis

        13.2.1. Supplier Side

        13.2.2. Demand Side

    13.3. Price Trend Analysis

        13.3.1. Weighted Average Price

    13.4. Key Suppliers Analysis

    13.5. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Type, 2017 - 2031

        13.5.1. Active Magnetic Bearings

            13.5.1.1. Electromagnetic (EM) Biased Magnetic Bearing

            13.5.1.2. Permanent Magnet (PM) Biased Magnetic Bearing

        13.5.2. Passive Magnetic Bearings

    13.6. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Application, 2017 - 2031

        13.6.1. Turbo Machines

            13.6.1.1. Compressors

            13.6.1.2. Turbines

            13.6.1.3. Pumps

            13.6.1.4. Others

        13.6.2. Motors

        13.6.3. Generators

    13.7. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By End-use, 2017 - 2031

        13.7.1. Bio-Medical Engineering

        13.7.2. Semiconductor Industry

        13.7.3. Aerospace

        13.7.4. Oil & Gas

        13.7.5. Power

        13.7.6. Others

    13.8. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By End-use vs Application, 2017 - 2031

        13.8.1. Bio-Medical Engineering

            13.8.1.1. Turbo Machines

                13.8.1.1.1. Compressors

                13.8.1.1.2. Turbines

                13.8.1.1.3. Pumps

                13.8.1.1.4. Others

            13.8.1.2. Motors

            13.8.1.3. Generators

        13.8.2. Semiconductor Industry

            13.8.2.1. Turbo Machines

                13.8.2.1.1. Compressors

                13.8.2.1.2. Turbines

                13.8.2.1.3. Pumps

                13.8.2.1.4. Others

            13.8.2.2. Motors

            13.8.2.3. Generators

        13.8.3. Aerospace

            13.8.3.1. Turbo Machines

                13.8.3.1.1. Compressors

                13.8.3.1.2. Turbines

                13.8.3.1.3. Pumps

                13.8.3.1.4. Others

            13.8.3.2. Motors

            13.8.3.3. Generators

        13.8.4. Oil & Gas

            13.8.4.1. Turbo Machines

                13.8.4.1.1. Compressors

                13.8.4.1.2. Turbines

                13.8.4.1.3. Pumps

                13.8.4.1.4. Others

            13.8.4.2. Motors

            13.8.4.3. Generators

        13.8.5. Power

            13.8.5.1. Turbo Machines

                13.8.5.1.1. Compressors

                13.8.5.1.2. Turbines

                13.8.5.1.3. Pumps

                13.8.5.1.4. Others

            13.8.5.2. Motors

            13.8.5.3. Generators

        13.8.6. Others

            13.8.6.1. Turbo Machines

                13.8.6.1.1. Compressors

                13.8.6.1.2. Turbines

                13.8.6.1.3. Pumps

                13.8.6.1.4. Others

            13.8.6.2. Motors

            13.8.6.3. Generators

    13.9. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Country & Sub-region, 2017 – 2031

        13.9.1. China

        13.9.2. India

        13.9.3. Japan

        13.9.4. Rest of Asia Pacific

    13.10. Incremental Opportunity Analysis

14. Middle East & Africa Magnetic Bearing Market Analysis and Forecast

    14.1. Regional Snapshot

    14.2. Key Trends Analysis

        14.2.1. Supplier Side

        14.2.2. Demand Side

    14.3. Price Trend Analysis

        14.3.1. Weighted Average Price

    14.4. Key Suppliers Analysis

    14.5. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Type, 2017 - 2031

        14.5.1. Active Magnetic Bearings

            14.5.1.1. Electromagnetic (EM) Biased Magnetic Bearing

            14.5.1.2. Permanent Magnet (PM) Biased Magnetic Bearing

        14.5.2. Passive Magnetic Bearings

    14.6. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Application, 2017 - 2031

        14.6.1. Turbo Machines

            14.6.1.1. Compressors

            14.6.1.2. Turbines

            14.6.1.3. Pumps

            14.6.1.4. Others

        14.6.2. Motors

        14.6.3. Generators

    14.7. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By End-use, 2017 - 2031

        14.7.1. Bio-Medical Engineering

        14.7.2. Semiconductor Industry

        14.7.3. Aerospace

        14.7.4. Oil & Gas

        14.7.5. Power

        14.7.6. Others

    14.8. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By End-use vs Application, 2017 - 2031

        14.8.1. Bio-Medical Engineering

            14.8.1.1. Turbo Machines

                14.8.1.1.1. Compressors

                14.8.1.1.2. Turbines

                14.8.1.1.3. Pumps

                14.8.1.1.4. Others

            14.8.1.2. Motors

            14.8.1.3. Generators

        14.8.2. Semiconductor Industry

            14.8.2.1. Turbo Machines

                14.8.2.1.1. Compressors

                14.8.2.1.2. Turbines

                14.8.2.1.3. Pumps

                14.8.2.1.4. Others

            14.8.2.2. Motors

            14.8.2.3. Generators

        14.8.3. Aerospace

            14.8.3.1. Turbo Machines

                14.8.3.1.1. Compressors

                14.8.3.1.2. Turbines

                14.8.3.1.3. Pumps

                14.8.3.1.4. Others

            14.8.3.2. Motors

            14.8.3.3. Generators

        14.8.4. Oil & Gas

            14.8.4.1. Turbo Machines

                14.8.4.1.1. Compressors

                14.8.4.1.2. Turbines

                14.8.4.1.3. Pumps

                14.8.4.1.4. Others

            14.8.4.2. Motors

            14.8.4.3. Generators

        14.8.5. Power

            14.8.5.1. Turbo Machines

                14.8.5.1.1. Compressors

                14.8.5.1.2. Turbines

                14.8.5.1.3. Pumps

                14.8.5.1.4. Others

            14.8.5.2. Motors

            14.8.5.3. Generators

        14.8.6. Others

            14.8.6.1. Turbo Machines

                14.8.6.1.1. Compressors

                14.8.6.1.2. Turbines

                14.8.6.1.3. Pumps

                14.8.6.1.4. Others

            14.8.6.2. Motors

            14.8.6.3. Generators

    14.9. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Country & Sub-region, 2017 – 2031

        14.9.1. GCC

        14.9.2. South Africa

        14.9.3. Rest of Middle East & Africa

    14.10. Incremental Opportunity Analysis

15. South America Magnetic Bearing Market Analysis and Forecast

    15.1. Regional Snapshot

    15.2. Key Trends Analysis

        15.2.1. Supplier Side

        15.2.2. Demand Side

    15.3. Price Trend Analysis

        15.3.1. Weighted Average Price

    15.4. Key Suppliers Analysis

    15.5. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Type, 2017 - 2031

        15.5.1. Active Magnetic Bearings

            15.5.1.1. Electromagnetic (EM) Biased Magnetic Bearing

            15.5.1.2. Permanent Magnet (PM) Biased Magnetic Bearing

        15.5.2. Passive Magnetic Bearings

    15.6. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Application, 2017 - 2031

        15.6.1. Turbo Machines

            15.6.1.1. Compressors

            15.6.1.2. Turbines

            15.6.1.3. Pumps

            15.6.1.4. Others

        15.6.2. Motors

        15.6.3. Generators

    15.7. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By End-use, 2017 - 2031

        15.7.1. Bio-Medical Engineering

        15.7.2. Semiconductor Industry

        15.7.3. Aerospace

        15.7.4. Oil & Gas

        15.7.5. Power

        15.7.6. Others

    15.8. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By End-use vs Application, 2017 - 2031

        15.8.1. Bio-Medical Engineering

            15.8.1.1. Turbo Machines

                15.8.1.1.1. Compressors

                15.8.1.1.2. Turbines

                15.8.1.1.3. Pumps

                15.8.1.1.4. Others

            15.8.1.2. Motors

            15.8.1.3. Generators

        15.8.2. Semiconductor Industry

            15.8.2.1. Turbo Machines

                15.8.2.1.1. Compressors

                15.8.2.1.2. Turbines

                15.8.2.1.3. Pumps

                15.8.2.1.4. Others

            15.8.2.2. Motors

            15.8.2.3. Generators

        15.8.3. Aerospace

            15.8.3.1. Turbo Machines

                15.8.3.1.1. Compressors

                15.8.3.1.2. Turbines

                15.8.3.1.3. Pumps

                15.8.3.1.4. Others

            15.8.3.2. Motors

            15.8.3.3. Generators

        15.8.4. Oil & Gas

            15.8.4.1. Turbo Machines

                15.8.4.1.1. Compressors

                15.8.4.1.2. Turbines

                15.8.4.1.3. Pumps

                15.8.4.1.4. Others

            15.8.4.2. Motors

            15.8.4.3. Generators

        15.8.5. Power

            15.8.5.1. Turbo Machines

                15.8.5.1.1. Compressors

                15.8.5.1.2. Turbines

                15.8.5.1.3. Pumps

                15.8.5.1.4. Others

            15.8.5.2. Motors

            15.8.5.3. Generators

        15.8.6. Others

            15.8.6.1. Turbo Machines

                15.8.6.1.1. Compressors

                15.8.6.1.2. Turbines

                15.8.6.1.3. Pumps

                15.8.6.1.4. Others

            15.8.6.2. Motors

            15.8.6.3. Generators

    15.9. Magnetic Bearing Market Size (US$ Mn & Thousand Units) Forecast, By Country & Sub-region, 2017 – 2031

        15.9.1. Brazil

        15.9.2. Rest of South America

    15.10. Incremental Opportunity Analysis

16. Competition Landscape

    16.1. Market Player – Competition Dashboard

    16.2. Market Share Analysis (%) -2020

    16.3. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)

        16.3.1. SKF AB

            16.3.1.1. Company Overview

            16.3.1.2. Sales Area/Geographical Presence

            16.3.1.3. Revenue

            16.3.1.4. Strategy & Business Overview

        16.3.2. Siemens AG

            16.3.2.1. Company Overview

            16.3.2.2. Sales Area/Geographical Presence

            16.3.2.3. Revenue

            16.3.2.4. Strategy & Business Overview

        16.3.3. Schaeffler Technologies GmbH & Co. KG

            16.3.3.1. Company Overview

            16.3.3.2. Sales Area/Geographical Presence

            16.3.3.3. Revenue

            16.3.3.4. Strategy & Business Overview

        16.3.4. Waukesha Bearings Corporation

            16.3.4.1. Company Overview

            16.3.4.2. Sales Area/Geographical Presence

            16.3.4.3. Revenue

            16.3.4.4. Strategy & Business Overview

        16.3.5. KEBA

            16.3.5.1. Company Overview

            16.3.5.2. Sales Area/Geographical Presence

            16.3.5.3. Revenue

            16.3.5.4. Strategy & Business Overview

        16.3.6. Calnetix Technologies, LLC

            16.3.6.1. Company Overview

            16.3.6.2. Sales Area/Geographical Presence

            16.3.6.3. Revenue

            16.3.6.4. Strategy & Business Overview

        16.3.7. Mecos Ag

            16.3.7.1. Company Overview

            16.3.7.2. Sales Area/Geographical Presence

            16.3.7.3. Revenue

            16.3.7.4. Strategy & Business Overview

        16.3.8. SpinDrive Oy.

            16.3.8.1. Company Overview

            16.3.8.2. Sales Area/Geographical Presence

            16.3.8.3. Revenue

            16.3.8.4. Strategy & Business Overview

        16.3.9. EAAT GmbH Chemnitz

            16.3.9.1. Company Overview

            16.3.9.2. Sales Area/Geographical Presence

            16.3.9.3. Revenue

            16.3.9.4. Strategy & Business Overview

        16.3.10. Supermag (Suci Technology)

            16.3.10.1. Company Overview

            16.3.10.2. Sales Area/Geographical Presence

            16.3.10.3. Revenue

            16.3.10.4. Strategy & Business Overview

17. Key Takeaway

    17.1. Identification of Potential Market Spaces

        17.1.1. By Type

        17.1.2. By Application

        17.1.3. By End-use

        17.1.4. By Region

    17.2. Prevailing Market Risk

List of Tables

Table 1: Global Magnetic Bearing Market Projections, by Type, (Thousand Units), 2017-2031

Table 2: Global Magnetic Bearing Market Projections, by Type, (US$ Mn), 2017-2031

Table 3: Global Magnetic Bearing Market Projections, by Application, (Thousand Units), 2017-2031

Table 4: Global Magnetic Bearing Market Projections, by Application, (US$ Mn), 2017-2031

Table 5: Global Magnetic Bearing Market Projections, by End-use, (Thousand Units), 2017-2031

Table 6: Global Magnetic Bearing Market Projections, by End-use, (US$ Mn), 2017-2031

Table 7: Global Magnetic Bearing Market Projections, by End-use vs Application, (Thousand Units), 2017-2031

Table 8: Global Magnetic Bearing Market Projections, by End-use vs Application, (US$ Mn), 2017-2031

Table 9: Global Magnetic Bearing Market Projections, by Region, (Thousand Units), 2017-2031

Table 10: Global Magnetic Bearing Market Projections, by Region, (US$ Mn), 2017-2031

Table 11: North America Magnetic Bearing Market Projections, by Type, (Thousand Units), 2017-2031

Table 12: North America Magnetic Bearing Market Projections, by Type, (US$ Mn), 2017-2031

Table 13: North America Magnetic Bearing Market Projections, by Application, (Thousand Units), 2017-2031

Table 14: North America Magnetic Bearing Market Projections, by Application, (US$ Mn), 2017-2031

Table 15: North America Magnetic Bearing Market Projections, by End-use, (Thousand Units), 2017-2031

Table 16: North America Magnetic Bearing Market Projections, by End-use, (US$ Mn), 2017-2031

Table 17: North America Magnetic Bearing Market Projections, by End-use vs Application, (Thousand Units), 2017-2031

Table 18: North America Magnetic Bearing Market Projections, by End-use vs Application, (US$ Mn), 2017-2031

Table 19: North America Magnetic Bearing Market Projections, by Country, (Thousand Units), 2017-2031

Table 20: North America Magnetic Bearing Market Projections, by Country, (US$ Mn), 2017-2031

Table 21: Europe Magnetic Bearing Market Projections, by Type, (Thousand Units), 2017-2031

Table 22: Europe Magnetic Bearing Market Projections, by Type, (US$ Mn), 2017-2031

Table 23: Europe Magnetic Bearing Market Projections, by Application, (Thousand Units), 2017-2031

Table 24: Europe Magnetic Bearing Market Projections, by Application, (US$ Mn), 2017-2031

Table 25: Europe Magnetic Bearing Market Projections, by End-use, (Thousand Units), 2017-2031

Table 26: Europe Magnetic Bearing Market Projections, by End-use, (US$ Mn), 2017-2031

Table 27: Europe Magnetic Bearing Market Projections, by End-use vs Application, (Thousand Units), 2017-2031

Table 28: Europe Magnetic Bearing Market Projections, by End-use vs Application, (US$ Mn), 2017-2031

Table 29: Europe Magnetic Bearing Market Projections, by Country, (Thousand Units), 2017-2031

Table 30: Europe Magnetic Bearing Market Projections, by Country, (US$ Mn), 2017-2031

Table 31: Asia Pacific Magnetic Bearing Market Projections, by Type, (Thousand Units), 2017-2031

Table 32: Asia Pacific Magnetic Bearing Market Projections, by Type, (US$ Mn), 2017-2031

Table 33: Asia Pacific Magnetic Bearing Market Projections, by Application, (Thousand Units), 2017-2031

Table 34: Asia Pacific Magnetic Bearing Market Projections, by Application, (US$ Mn), 2017-2031

Table 35: Asia Pacific Magnetic Bearing Market Projections, by End-use, (Thousand Units), 2017-2031

Table 36: Asia Pacific Magnetic Bearing Market Projections, by End-use, (US$ Mn), 2017-2031

Table 37: Asia Pacific Magnetic Bearing Market Projections, by End-use vs Application, (Thousand Units), 2017-2031

Table 38: Asia Pacific Magnetic Bearing Market Projections, by End-use vs Application, (US$ Mn), 2017-2031

Table 39: Asia Pacific Magnetic Bearing Market Projections, by Country, (Thousand Units), 2017-2031

Table 40: Asia Pacific Magnetic Bearing Market Projections, by Country, (US$ Mn), 2017-2031

Table 41: Middle East & Africa Magnetic Bearing Market Projections, by Type, (Thousand Units), 2017-2031

Table 42: Middle East & Africa Magnetic Bearing Market Projections, by Type, (US$ Mn), 2017-2031

Table 43: Middle East & Africa Magnetic Bearing Market Projections, by Application, (Thousand Units), 2017-2031

Table 44: Middle East & Africa Magnetic Bearing Market Projections, by Application, (US$ Mn), 2017-2031

Table 45: Middle East & Africa Magnetic Bearing Market Projections, by End-use, (Thousand Units), 2017-2031

Table 46: Middle East & Africa Magnetic Bearing Market Projections, by End-use, (US$ Mn), 2017-2031

Table 47: Middle East & Africa Magnetic Bearing Market Projections, by End-use vs Application, (Thousand Units), 2017-2031

Table 48: Middle East & Africa Magnetic Bearing Market Projections, by End-use vs Application, (US$ Mn), 2017-2031

Table 49: Middle East & Africa Magnetic Bearing Market Projections, by Country, (Thousand Units), 2017-2031

Table 50: Middle East & Africa Magnetic Bearing Market Projections, by Country, (US$ Mn), 2017-2031

Table 51: South America Magnetic Bearing Market Projections, by Type, (Thousand Units), 2017-2031

Table 52: South America Magnetic Bearing Market Projections, by Type, (US$ Mn), 2017-2031

Table 53: South America Magnetic Bearing Market Projections, by Application, (Thousand Units), 2017-2031

Table 54: South America Magnetic Bearing Market Projections, by Application, (US$ Mn), 2017-2031

Table 55: South America Magnetic Bearing Market Projections, by End-use, (Thousand Units), 2017-2031

Table 56: South America Magnetic Bearing Market Projections, by End-use, (US$ Mn), 2017-2031

Table 57: South America Magnetic Bearing Market Projections, by End-use vs Application, (Thousand Units), 2017-2031

Table 58: South America Magnetic Bearing Market Projections, by End-use vs Application, (US$ Mn), 2017-2031

Table 59: South America Magnetic Bearing Market Projections, by Country, (Thousand Units), 2017-2031

Table 60: South America Magnetic Bearing Market Projections, by Country, (US$ Mn), 2017-2031

List of Figures

Figure 1: Global Magnetic Bearing Market Projections, by Type, (Thousand Units), 2017-2031

Figure 2: Global Magnetic Bearing Market Projections, by Type, (US$ Mn), 2017-2031

Figure 3: Global Magnetic Bearing Market Projections, by Type, Incremental Opportunity, 2021-2031

Figure 4: Global Magnetic Bearing Market Projections, by Application, (Thousand Units), 2017-2031

Figure 5: Global Magnetic Bearing Market Projections, by Application, (US$ Mn), 2017-2031

Figure 6: Global Magnetic Bearing Market Projections, by Application, Incremental Opportunity, 2021-2031

Figure 7: Global Magnetic Bearing Market Projections, by End-use, (Thousand Units), 2017-2031

Figure 8: Global Magnetic Bearing Market Projections, by End-use, (US$ Mn), 2017-2031

Figure 9: Global Magnetic Bearing Market Projections, by End-use, Incremental Opportunity, 2021-2031

Figure 10: Global Magnetic Bearing Market Projections, by End-use vs Application, (Thousand Units), 2017-2031

Figure 11: Global Magnetic Bearing Market Projections, by End-use vs Application, (US$ Mn), 2017-2031

Figure 12: Global Magnetic Bearing Market Projections, by End-use vs Application, Incremental Opportunity, 2021-2031

Figure 13: Global Magnetic Bearing Market Projections, by Region, (Thousand Units), 2017-2031

Figure 14: Global Magnetic Bearing Market Projections, by Region, (US$ Mn), 2017-2031

Figure 15: Global Magnetic Bearing Market Projections, by Region, Incremental Opportunity, 2021-2031

Figure 16: North America Magnetic Bearing Market Projections, by Type, (Thousand Units), 2017-2031

Figure 17: North America Magnetic Bearing Market Projections, by Type, (US$ Mn), 2017-2031

Figure 18: North America Magnetic Bearing Market Projections, by Type, Incremental Opportunity, 2021-2031

Figure 19: North America Magnetic Bearing Market Projections, by Application, (Thousand Units), 2017-2031

Figure 20: North America Magnetic Bearing Market Projections, by Application, (US$ Mn), 2017-2031

Figure 21: North America Magnetic Bearing Market Projections, by Application, Incremental Opportunity, 2021-2031

Figure 22: North America Magnetic Bearing Market Projections, by End-use, (Thousand Units), 2017-2031

Figure 23: North America Magnetic Bearing Market Projections, by End-use, (US$ Mn), 2017-2031

Figure 24: North America Magnetic Bearing Market Projections, by End-use, Incremental Opportunity, 2021-2031

Figure 25: North America Magnetic Bearing Market Projections, by End-use vs Application, (Thousand Units), 2017-2031

Figure 26: North America Magnetic Bearing Market Projections, by End-use vs Application, (US$ Mn), 2017-2031

Figure 27: North America Magnetic Bearing Market Projections, by End-use vs Application, Incremental Opportunity, 2021-2031

Figure 28: North America Magnetic Bearing Market Projections, by Country, (Thousand Units), 2017-2031

Figure 29: North America Magnetic Bearing Market Projections, by Country, (US$ Mn), 2017-2031

Figure 30: North America Magnetic Bearing Market Projections, by Country, Incremental Opportunity, 2021-2031

Figure 31: Europe Magnetic Bearing Market Projections, by Type, (Thousand Units), 2017-2031

Figure 32: Europe Magnetic Bearing Market Projections, by Type, (US$ Mn), 2017-2031

Figure 33: Europe Magnetic Bearing Market Projections, by Type, Incremental Opportunity, 2021-2031

Figure 34: Europe Magnetic Bearing Market Projections, by Application, (Thousand Units), 2017-2031

Figure 35: Europe Magnetic Bearing Market Projections, by Application, (US$ Mn), 2017-2031

Figure 36: Europe Magnetic Bearing Market Projections, by Application, Incremental Opportunity, 2021-2031

Figure 37: Europe Magnetic Bearing Market Projections, by End-use, (Thousand Units), 2017-2031

Figure 38: Europe Magnetic Bearing Market Projections, by End-use, (US$ Mn), 2017-2031

Figure 39: Europe Magnetic Bearing Market Projections, by End-use, Incremental Opportunity, 2021-2031

Figure 40: Europe Magnetic Bearing Market Projections, by End-use vs Application, (Thousand Units), 2017-2031

Figure 41: Europe Magnetic Bearing Market Projections, by End-use vs Application, (US$ Mn), 2017-2031

Figure 42: Europe Magnetic Bearing Market Projections, by End-use vs Application, Incremental Opportunity, 2021-2031

Figure 43: Europe Magnetic Bearing Market Projections, by Country, (Thousand Units), 2017-2031

Figure 44: Europe Magnetic Bearing Market Projections, by Country, (US$ Mn), 2017-2031

Figure 45: Europe Magnetic Bearing Market Projections, by Country, Incremental Opportunity, 2021-2031

Figure 46: Asia Pacific Magnetic Bearing Market Projections, by Type, (Thousand Units), 2017-2031

Figure 47: Asia Pacific Magnetic Bearing Market Projections, by Type, (US$ Mn), 2017-2031

Figure 48: Asia Pacific Magnetic Bearing Market Projections, by Type, Incremental Opportunity, 2021-2031

Figure 49: Asia Pacific Magnetic Bearing Market Projections, by Application, (Thousand Units), 2017-2031

Figure 50: Asia Pacific Magnetic Bearing Market Projections, by Application, (US$ Mn), 2017-2031

Figure 51: Asia Pacific Magnetic Bearing Market Projections, by Application, Incremental Opportunity, 2021-2031

Figure 52: Asia Pacific Magnetic Bearing Market Projections, by End-use, (Thousand Units), 2017-2031

Figure 53: Asia Pacific Magnetic Bearing Market Projections, by End-use, (US$ Mn), 2017-2031

Figure 54: Asia Pacific Magnetic Bearing Market Projections, by End-use, Incremental Opportunity, 2021-2031

Figure 55: Asia Pacific Magnetic Bearing Market Projections, by End-use vs Application, (Thousand Units), 2017-2031

Figure 56: Asia Pacific Magnetic Bearing Market Projections, by End-use vs Application, (US$ Mn), 2017-2031

Figure 57: Asia Pacific Magnetic Bearing Market Projections, by End-use vs Application, Incremental Opportunity, 2021-2031

Figure 58: Asia Pacific Magnetic Bearing Market Projections, by Country, (Thousand Units), 2017-2031

Figure 59: Asia Pacific Magnetic Bearing Market Projections, by Country, (US$ Mn), 2017-2031

Figure 60: Asia Pacific Magnetic Bearing Market Projections, by Country, Incremental Opportunity, 2021-2031

Figure 61: Middle East & Africa Magnetic Bearing Market Projections, by Type, (Thousand Units), 2017-2031

Figure 62: Middle East & Africa Magnetic Bearing Market Projections, by Type, (US$ Mn), 2017-2031

Figure 63: Middle East & Africa Magnetic Bearing Market Projections, by Type, Incremental Opportunity, 2021-2031

Figure 64: Middle East & Africa Magnetic Bearing Market Projections, by Application, (Thousand Units), 2017-2031

Figure 65: Middle East & Africa Magnetic Bearing Market Projections, by Application, (US$ Mn), 2017-2031

Figure 66: Middle East & Africa Magnetic Bearing Market Projections, by Application, Incremental Opportunity, 2021-2031

Figure 67: Middle East & Africa Magnetic Bearing Market Projections, by End-use, (Thousand Units), 2017-2031

Figure 68: Middle East & Africa Magnetic Bearing Market Projections, by End-use, (US$ Mn), 2017-2031

Figure 69: Middle East & Africa Magnetic Bearing Market Projections, by End-use, Incremental Opportunity, 2021-2031

Figure 70: Middle East & Africa Magnetic Bearing Market Projections, by End-use vs Application, (Thousand Units), 2017-2031

Figure 71: Middle East & Africa Magnetic Bearing Market Projections, by End-use vs Application, (US$ Mn), 2017-2031

Figure 72: Middle East & Africa Magnetic Bearing Market Projections, by End-use vs Application, Incremental Opportunity, 2021-2031

Figure 73: Middle East & Africa Magnetic Bearing Market Projections, by Country, (Thousand Units), 2017-2031

Figure 74: Middle East & Africa Magnetic Bearing Market Projections, by Country, (US$ Mn), 2017-2031

Figure 75: Middle East & Africa Magnetic Bearing Market Projections, by Country, Incremental Opportunity, 2021-2031

Figure 76: South America Magnetic Bearing Market Projections, by Type, (Thousand Units), 2017-2031

Figure 77: South America Magnetic Bearing Market Projections, by Type, (US$ Mn), 2017-2031

Figure 78: South America Magnetic Bearing Market Projections, by Type, Incremental Opportunity, 2021-2031

Figure 79: South America Magnetic Bearing Market Projections, by Application, (Thousand Units), 2017-2031

Figure 80: South America Magnetic Bearing Market Projections, by Application, (US$ Mn), 2017-2031

Figure 81: South America Magnetic Bearing Market Projections, by Application, Incremental Opportunity, 2021-2031

Figure 82: South America Magnetic Bearing Market Projections, by End-use, (Thousand Units), 2017-2031

Figure 83: South America Magnetic Bearing Market Projections, by End-use, (US$ Mn), 2017-2031

Figure 84: South America Magnetic Bearing Market Projections, by End-use, Incremental Opportunity, 2021-2031

Figure 85: South America Magnetic Bearing Market Projections, by End-use vs Application, (Thousand Units), 2017-2031

Figure 86: South America Magnetic Bearing Market Projections, by End-use vs Application, (US$ Mn), 2017-2031

Figure 87: South America Magnetic Bearing Market Projections, by End-use vs Application, Incremental Opportunity, 2021-2031

Figure 88: South America Magnetic Bearing Market Projections, by Country, (Thousand Units), 2017-2031

Figure 89: South America Magnetic Bearing Market Projections, by Country, (US$ Mn), 2017-2031

Figure 90: South America Magnetic Bearing Market Projections, by Country, Incremental Opportunity, 2021-2031

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Magnetic Bearing Market