Global Magnetic Bearings Market Growth 2023-2029

A magnetic bearing is a bearing that supports a load using magnetic levitation. Magnetic bearings support moving parts without physical contact. For instance, they are able to levitate a rotating shaft and permit relative motion with very low friction and no mechanical wear. Magnetic bearings support the highest speeds of all kinds of bearing and have no maximum relative speed.
 

Magnetic bearing technology is becoming more and more important as an alternative to conventional bearing supports, and is used when the technical requirements can no longer be fulfilled by other bearing types. This especially applies to industrial machinery with very high rotational speeds and shaft weights of up to several tons.

LPI (LP Information)' newest research report, the “Magnetic Bearings Industry Forecast” looks at past sales and reviews total world Magnetic Bearings sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnetic Bearings sales for 2023 through 2029. With Magnetic Bearings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Bearings industry.

This Insight Report provides a comprehensive analysis of the global Magnetic Bearings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnetic Bearings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnetic Bearings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Bearings and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnetic Bearings.

The global Magnetic Bearings market size is projected to grow from US$ 264.8 million in 2022 to US$ 504.2 million in 2029; it is expected to grow at a CAGR of 504.2 from 2023 to 2029.

Global magnetic bearings key players include SKF, Schaeffler, Wauk Bearing, etc. Global top 5 manufacturers hold a share over 60%.

Europe is the largest market, with a share over 52%, followed by Americas and Asia-Pacific, both have a share over 47%. 
In terms of product, active magnetic bearing is the largest segment, with a share over 93%. And in terms of application, the largest application is motors, followed by compressors, blowers, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Bearings market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Active Magnetic Bearing
    Passive Magnetic Bearing
    Hybrid Magnetic Bearing

Segmentation by application
    Motors
    Blowers
    Compressors
    Pumps
    Generators
    Turbines
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    SKF
    Waukesha Bearings
    Schaeffler
    Siemens
    KEBA Industrial Automation
    Zeitlos
    Kazancompressormash
    MECOS
    Calnetix
    Synchrony
    FG-AMB
    Levitronix
    Nanjing CIGU
    Maruwa Electronic

Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetic Bearings market?
What factors are driving Magnetic Bearings market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetic Bearings market opportunities vary by end market size?
How does Magnetic Bearings break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Magnetic Bearings Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Magnetic Bearings Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Active Magnetic Bearing
    Table 4. Major Players of Passive Magnetic Bearing
    Table 5. Major Players of Hybrid Magnetic Bearing
    Table 6. Global Magnetic Bearings Sales by Type (2018-2023) & (Units)
    Table 7. Global Magnetic Bearings Sales Market Share by Type (2018-2023)
    Table 8. Global Magnetic Bearings Revenue by Type (2018-2023) & ($ million)
    Table 9. Global Magnetic Bearings Revenue Market Share by Type (2018-2023)
    Table 10. Global Magnetic Bearings Sale Price by Type (2018-2023) & (K USD/Unit)
    Table 11. Global Magnetic Bearings Sales by Application (2018-2023) & (Units)
    Table 12. Global Magnetic Bearings Sales Market Share by Application (2018-2023)
    Table 13. Global Magnetic Bearings Revenue by Application (2018-2023)
    Table 14. Global Magnetic Bearings Revenue Market Share by Application (2018-2023)
    Table 15. Global Magnetic Bearings Sale Price by Application (2018-2023) & (K USD/Unit)
    Table 16. Global Magnetic Bearings Sales by Company (2018-2023) & (Units)
    Table 17. Global Magnetic Bearings Sales Market Share by Company (2018-2023)
    Table 18. Global Magnetic Bearings Revenue by Company (2018-2023) ($ Millions)
    Table 19. Global Magnetic Bearings Revenue Market Share by Company (2018-2023)
    Table 20. Global Magnetic Bearings Sale Price by Company (2018-2023) & (K USD/Unit)
    Table 21. Key Manufacturers Magnetic Bearings Producing Area Distribution and Sales Area
    Table 22. Players Magnetic Bearings Products Offered
    Table 23. Magnetic Bearings Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 24. New Products and Potential Entrants
    Table 25. Mergers & Acquisitions, Expansion
    Table 26. Global Magnetic Bearings Sales by Geographic Region (2018-2023) & (Units)
    Table 27. Global Magnetic Bearings Sales Market Share Geographic Region (2018-2023)
    Table 28. Global Magnetic Bearings Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 29. Global Magnetic Bearings Revenue Market Share by Geographic Region (2018-2023)
    Table 30. Global Magnetic Bearings Sales by Country/Region (2018-2023) & (Units)
    Table 31. Global Magnetic Bearings Sales Market Share by Country/Region (2018-2023)
    Table 32. Global Magnetic Bearings Revenue by Country/Region (2018-2023) & ($ millions)
    Table 33. Global Magnetic Bearings Revenue Market Share by Country/Region (2018-2023)
    Table 34. Americas Magnetic Bearings Sales by Country (2018-2023) & (Units)
    Table 35. Americas Magnetic Bearings Sales Market Share by Country (2018-2023)
    Table 36. Americas Magnetic Bearings Revenue by Country (2018-2023) & ($ Millions)
    Table 37. Americas Magnetic Bearings Revenue Market Share by Country (2018-2023)
    Table 38. Americas Magnetic Bearings Sales by Type (2018-2023) & (Units)
    Table 39. Americas Magnetic Bearings Sales by Application (2018-2023) & (Units)
    Table 40. APAC Magnetic Bearings Sales by Region (2018-2023) & (Units)
    Table 41. APAC Magnetic Bearings Sales Market Share by Region (2018-2023)
    Table 42. APAC Magnetic Bearings Revenue by Region (2018-2023) & ($ Millions)
    Table 43. APAC Magnetic Bearings Revenue Market Share by Region (2018-2023)
    Table 44. APAC Magnetic Bearings Sales by Type (2018-2023) & (Units)
    Table 45. APAC Magnetic Bearings Sales by Application (2018-2023) & (Units)
    Table 46. Europe Magnetic Bearings Sales by Country (2018-2023) & (Units)
    Table 47. Europe Magnetic Bearings Sales Market Share by Country (2018-2023)
    Table 48. Europe Magnetic Bearings Revenue by Country (2018-2023) & ($ Millions)
    Table 49. Europe Magnetic Bearings Revenue Market Share by Country (2018-2023)
    Table 50. Europe Magnetic Bearings Sales by Type (2018-2023) & (Units)
    Table 51. Europe Magnetic Bearings Sales by Application (2018-2023) & (Units)
    Table 52. Middle East & Africa Magnetic Bearings Sales by Country (2018-2023) & (Units)
    Table 53. Middle East & Africa Magnetic Bearings Sales Market Share by Country (2018-2023)
    Table 54. Middle East & Africa Magnetic Bearings Revenue by Country (2018-2023) & ($ Millions)
    Table 55. Middle East & Africa Magnetic Bearings Revenue Market Share by Country (2018-2023)
    Table 56. Middle East & Africa Magnetic Bearings Sales by Type (2018-2023) & (Units)
    Table 57. Middle East & Africa Magnetic Bearings Sales by Application (2018-2023) & (Units)
    Table 58. Key Market Drivers & Growth Opportunities of Magnetic Bearings
    Table 59. Key Market Challenges & Risks of Magnetic Bearings
    Table 60. Key Industry Trends of Magnetic Bearings
    Table 61. Magnetic Bearings Raw Material
    Table 62. Key Suppliers of Raw Materials
    Table 63. Magnetic Bearings Distributors List
    Table 64. Magnetic Bearings Customer List
    Table 65. Global Magnetic Bearings Sales Forecast by Region (2024-2029) & (Units)
    Table 66. Global Magnetic Bearings Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 67. Americas Magnetic Bearings Sales Forecast by Country (2024-2029) & (Units)
    Table 68. Americas Magnetic Bearings Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 69. APAC Magnetic Bearings Sales Forecast by Region (2024-2029) & (Units)
    Table 70. APAC Magnetic Bearings Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 71. Europe Magnetic Bearings Sales Forecast by Country (2024-2029) & (Units)
    Table 72. Europe Magnetic Bearings Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 73. Middle East & Africa Magnetic Bearings Sales Forecast by Country (2024-2029) & (Units)
    Table 74. Middle East & Africa Magnetic Bearings Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 75. Global Magnetic Bearings Sales Forecast by Type (2024-2029) & (Units)
    Table 76. Global Magnetic Bearings Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 77. Global Magnetic Bearings Sales Forecast by Application (2024-2029) & (Units)
    Table 78. Global Magnetic Bearings Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 79. SKF Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 80. SKF Magnetic Bearings Product Portfolios and Specifications
    Table 81. SKF Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 82. SKF Main Business
    Table 83. SKF Latest Developments
    Table 84. Waukesha Bearings Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 85. Waukesha Bearings Magnetic Bearings Product Portfolios and Specifications
    Table 86. Waukesha Bearings Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 87. Waukesha Bearings Main Business
    Table 88. Waukesha Bearings Latest Developments
    Table 89. Schaeffler Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 90. Schaeffler Magnetic Bearings Product Portfolios and Specifications
    Table 91. Schaeffler Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 92. Schaeffler Main Business
    Table 93. Schaeffler Latest Developments
    Table 94. Siemens Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 95. Siemens Magnetic Bearings Product Portfolios and Specifications
    Table 96. Siemens Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 97. Siemens Main Business
    Table 98. Siemens Latest Developments
    Table 99. KEBA Industrial Automation Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 100. KEBA Industrial Automation Magnetic Bearings Product Portfolios and Specifications
    Table 101. KEBA Industrial Automation Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 102. KEBA Industrial Automation Main Business
    Table 103. KEBA Industrial Automation Latest Developments
    Table 104. Zeitlos Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 105. Zeitlos Magnetic Bearings Product Portfolios and Specifications
    Table 106. Zeitlos Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 107. Zeitlos Main Business
    Table 108. Zeitlos Latest Developments
    Table 109. Kazancompressormash Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 110. Kazancompressormash Magnetic Bearings Product Portfolios and Specifications
    Table 111. Kazancompressormash Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 112. Kazancompressormash Main Business
    Table 113. Kazancompressormash Latest Developments
    Table 114. MECOS Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 115. MECOS Magnetic Bearings Product Portfolios and Specifications
    Table 116. MECOS Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 117. MECOS Main Business
    Table 118. MECOS Latest Developments
    Table 119. Calnetix Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 120. Calnetix Magnetic Bearings Product Portfolios and Specifications
    Table 121. Calnetix Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 122. Calnetix Main Business
    Table 123. Calnetix Latest Developments
    Table 124. Synchrony Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 125. Synchrony Magnetic Bearings Product Portfolios and Specifications
    Table 126. Synchrony Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 127. Synchrony Main Business
    Table 128. Synchrony Latest Developments
    Table 129. FG-AMB Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 130. FG-AMB Magnetic Bearings Product Portfolios and Specifications
    Table 131. FG-AMB Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 132. FG-AMB Main Business
    Table 133. FG-AMB Latest Developments
    Table 134. Levitronix Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 135. Levitronix Magnetic Bearings Product Portfolios and Specifications
    Table 136. Levitronix Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 137. Levitronix Main Business
    Table 138. Levitronix Latest Developments
    Table 139. Nanjing CIGU Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 140. Nanjing CIGU Magnetic Bearings Product Portfolios and Specifications
    Table 141. Nanjing CIGU Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 142. Nanjing CIGU Main Business
    Table 143. Nanjing CIGU Latest Developments
    Table 144. Maruwa Electronic Basic Information, Magnetic Bearings Manufacturing Base, Sales Area and Its Competitors
    Table 145. Maruwa Electronic Magnetic Bearings Product Portfolios and Specifications
    Table 146. Maruwa Electronic Magnetic Bearings Sales (Units), Revenue ($ Million), Price (K USD/Unit) and Gross Margin (2018-2023)
    Table 147. Maruwa Electronic Main Business
    Table 148. Maruwa Electronic Latest Developments
List of Figures
    Figure 1. Picture of Magnetic Bearings
    Figure 2. Magnetic Bearings Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Magnetic Bearings Sales Growth Rate 2018-2029 (Units)
    Figure 7. Global Magnetic Bearings Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Magnetic Bearings Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Active Magnetic Bearing
    Figure 10. Product Picture of Passive Magnetic Bearing
    Figure 11. Product Picture of Hybrid Magnetic Bearing
    Figure 12. Global Magnetic Bearings Sales Market Share by Type in 2022
    Figure 13. Global Magnetic Bearings Revenue Market Share by Type (2018-2023)
    Figure 14. Magnetic Bearings Consumed in Motors
    Figure 15. Global Magnetic Bearings Market: Motors (2018-2023) & (Units)
    Figure 16. Magnetic Bearings Consumed in Blowers
    Figure 17. Global Magnetic Bearings Market: Blowers (2018-2023) & (Units)
    Figure 18. Magnetic Bearings Consumed in Compressors
    Figure 19. Global Magnetic Bearings Market: Compressors (2018-2023) & (Units)
    Figure 20. Magnetic Bearings Consumed in Pumps
    Figure 21. Global Magnetic Bearings Market: Pumps (2018-2023) & (Units)
    Figure 22. Magnetic Bearings Consumed in Generators
    Figure 23. Global Magnetic Bearings Market: Generators (2018-2023) & (Units)
    Figure 24. Magnetic Bearings Consumed in Turbines
    Figure 25. Global Magnetic Bearings Market: Turbines (2018-2023) & (Units)
    Figure 26. Magnetic Bearings Consumed in Others
    Figure 27. Global Magnetic Bearings Market: Others (2018-2023) & (Units)
    Figure 28. Global Magnetic Bearings Sales Market Share by Application (2022)
    Figure 29. Global Magnetic Bearings Revenue Market Share by Application in 2022
    Figure 30. Magnetic Bearings Sales Market by Company in 2022 (Units)
    Figure 31. Global Magnetic Bearings Sales Market Share by Company in 2022
    Figure 32. Magnetic Bearings Revenue Market by Company in 2022 ($ Million)
    Figure 33. Global Magnetic Bearings Revenue Market Share by Company in 2022
    Figure 34. Global Magnetic Bearings Sales Market Share by Geographic Region (2018-2023)
    Figure 35. Global Magnetic Bearings Revenue Market Share by Geographic Region in 2022
    Figure 36. Americas Magnetic Bearings Sales 2018-2023 (Units)
    Figure 37. Americas Magnetic Bearings Revenue 2018-2023 ($ Millions)
    Figure 38. APAC Magnetic Bearings Sales 2018-2023 (Units)
    Figure 39. APAC Magnetic Bearings Revenue 2018-2023 ($ Millions)
    Figure 40. Europe Magnetic Bearings Sales 2018-2023 (Units)
    Figure 41. Europe Magnetic Bearings Revenue 2018-2023 ($ Millions)
    Figure 42. Middle East & Africa Magnetic Bearings Sales 2018-2023 (Units)
    Figure 43. Middle East & Africa Magnetic Bearings Revenue 2018-2023 ($ Millions)
    Figure 44. Americas Magnetic Bearings Sales Market Share by Country in 2022
    Figure 45. Americas Magnetic Bearings Revenue Market Share by Country in 2022
    Figure 46. Americas Magnetic Bearings Sales Market Share by Type (2018-2023)
    Figure 47. Americas Magnetic Bearings Sales Market Share by Application (2018-2023)
    Figure 48. United States Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 49. Canada Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 50. Mexico Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 51. Brazil Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 52. APAC Magnetic Bearings Sales Market Share by Region in 2022
    Figure 53. APAC Magnetic Bearings Revenue Market Share by Regions in 2022
    Figure 54. APAC Magnetic Bearings Sales Market Share by Type (2018-2023)
    Figure 55. APAC Magnetic Bearings Sales Market Share by Application (2018-2023)
    Figure 56. China Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 57. Japan Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 58. South Korea Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 59. Southeast Asia Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 60. India Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 61. Australia Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 62. China Taiwan Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 63. Europe Magnetic Bearings Sales Market Share by Country in 2022
    Figure 64. Europe Magnetic Bearings Revenue Market Share by Country in 2022
    Figure 65. Europe Magnetic Bearings Sales Market Share by Type (2018-2023)
    Figure 66. Europe Magnetic Bearings Sales Market Share by Application (2018-2023)
    Figure 67. Germany Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 68. France Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 69. UK Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 70. Italy Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 71. Russia Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 72. Middle East & Africa Magnetic Bearings Sales Market Share by Country in 2022
    Figure 73. Middle East & Africa Magnetic Bearings Revenue Market Share by Country in 2022
    Figure 74. Middle East & Africa Magnetic Bearings Sales Market Share by Type (2018-2023)
    Figure 75. Middle East & Africa Magnetic Bearings Sales Market Share by Application (2018-2023)
    Figure 76. Egypt Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 77. South Africa Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 78. Israel Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 79. Turkey Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 80. GCC Country Magnetic Bearings Revenue Growth 2018-2023 ($ Millions)
    Figure 81. Manufacturing Cost Structure Analysis of Magnetic Bearings in 2022
    Figure 82. Manufacturing Process Analysis of Magnetic Bearings
    Figure 83. Industry Chain Structure of Magnetic Bearings
    Figure 84. Channels of Distribution
    Figure 85. Global Magnetic Bearings Sales Market Forecast by Region (2024-2029)
    Figure 86. Global Magnetic Bearings Revenue Market Share Forecast by Region (2024-2029)
    Figure 87. Global Magnetic Bearings Sales Market Share Forecast by Type (2024-2029)
    Figure 88. Global Magnetic Bearings Revenue Market Share Forecast by Type (2024-2029)
    Figure 89. Global Magnetic Bearings Sales Market Share Forecast by Application (2024-2029)
    Figure 90. Global Magnetic Bearings Revenue Market Share Forecast by Application (2024-2029)

SKF
Waukesha Bearings
Schaeffler
Siemens
KEBA Industrial Automation
Zeitlos
Kazancompressormash
MECOS
Calnetix
Synchrony
FG-AMB
Levitronix
Nanjing CIGU
Maruwa Electronic

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape