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Magnetic Bearing Market
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.
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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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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.
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.
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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.
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Attribute |
Detail |
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Market Size Value in 2020 |
US$ 1.7 Bn |
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Market Forecast Value in 2031 |
US$ 3 Bn |
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Growth Rate (CAGR) |
5.7% |
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Forecast Period |
2021-2031 |
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Market Analysis |
US$ Mn for Value & ‘000 Units for Volume |
|
Key Market Segments Covered |
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Key Regions Covered |
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Key Countries Covered |
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Key Companies Profiled |
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Customization Scope |
Available upon Request |
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Pricing |
Available upon Request |
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 |
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| Application |
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| End-use |
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| End-use vs Application |
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| Region |
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The magnet bearing market is studied from 2021 - 2031.
Magnetic Bearing Market To Surpass Valuation Of US$ 3 Bn By 2031
The global magnetic bearing market is estimated to expand at a CAGR of 5.7% during the forecast period.
Active magnet bearing, hybrid magnet bearing, and passive magnet are type of magnet bearings.
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, and Supermag (Suci Technology).
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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