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Report Title

Global Magnet Bearing Market Research Report: Forecast to 2023

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Global Magnet Bearing Market Research Report: Forecast to 2023


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Global Magnet Bearing Market Research Report: Forecast to 2023

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Global Magnet Bearing Market Research Report: Forecast to 2023



Executive Summary

Introduction

Magnetic bearings are devices used to support loads by using magnetic levitation. Some magnetic bearings offer complete non-contact support to an object, whereas others provide partial support with more traditional mechanical bearings. Magnetic bearings are used in applications such as compressors, turbines, pumps, and motors. The global magnet bearing market is expected to grow moderately and register a CAGR of 4.14% over the forecast period. Some of the prominent drivers supporting the growth of global magnet bearing market are cost-effectiveness; energy-efficient flexible solutions; and increasing application in HVAC, aerospace, and defense sectors. However, a slowdown in the Chinese economy is the restraining factor for the magnet bearing market.

For the study, global magnet bearing market has been segmented based on type, voltage, end-user, and region. Based on the type, the market has been segmented into active magnet bearing, passive magnet bearing, and hybrid magnet bearing. Among them, active magnet bearing segment is dominating due to the ability of such bearings to exert higher-density forces on surfaces of supported objects, as compared to the other types. On the basis of application, the magnet bearing market is segmented into compressor, turbine, pumps, motors, generators, and others. Turbines segment is dominating owing to the reason that magnetic bearings when used in turbines, have major technological advantages such as oil-free operation, operation in extreme temperature environments, and active control. On the basis of speed, the market is classified into up to 50,000 rpm, 50,000 to 100,000 rpm, and above 100,000 rpm. Up to 50,000 segment is dominating as magnetic bearings with up to 50,000 rpm are used extensively across various end-use industries for various applications. Based on end-user, the market for magnet bearings is segmented into oil & gas, petrochemicals, power, and others. Power segment is suppressing the market attributing to the fact that magnetic bearings ensure low friction loss, and oil lubricants are eliminated while providing desired reliability. On the basis of region, the market is segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa.

Key Players

The key players of the global magnet bearing market are Calnetix Technologies (U.S.), Siemens AG (Germany), Waukesha Bearings Corporation (U.S.), Mecos AG (Switzerland), Foshan Genesis (China), Synchrony (U.S.), SKF AB (Sweden), and Celeroton AG (Switzerland), and Schaffer AG (Germany).

Objectives of Global Magnetic Bearing Market Analysis & Forecast, 2017-2023

To provide a detailed analysis of the market structure along with a forecast for the next six years in various segments and sub-segments of the global magnetic bearing market

To analyze the global magnetic bearing market based on various tools such as Supply Chain Analysis, and Porter's Five Forces Analysis

To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries

To provide country-level analysis of the market with respect to the current market size and prospects

To provide country-level analysis of the market for segments by installation, voltage, end-user, and region

To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the magnetic bearing market

 

Target Audience

Manufactures

Research Institute & education institute

Power industry

Transmission and distribution industry.

Health, safety, and environmental organizations.

 

Key Findings

The global magnetic bearing market is estimated to reach USD 8,181.7 million by 2023.

By type, active magnet bearing segment accounted for the largest market with a market value of USD 3,388.9 million, in 2017, progressing at the highest CAGR of 4.48% during the forecast period.

Based on application, turbine segment dominates the market in 2017, with a market value of USD 1,765.3 million, which is projected to rise at the highest CAGR of 4.93%.

Based on speed, up to 50,000 rpm segment accounted for the largest market size in 2017, with a market value of USD 3,653.7 million, and is expected to progress at the highest CAGR of 4.33%.

On the basis of end-user, power segment accounts for the largest market share of USD 2,474.3 million and is expected to progress at the highest CAGR of 4.54%.

Geographically, Asia Pacific has been projected to have the largest market share of 35.18% in the global magnet bearing market.

 

Regional and Country Analysis of global magnetic bearing market Estimation and Forecast

Geographically, Asia Pacific is the fastest growing region for global magnet bearing market. The region is marked with increasing construction activities along with foreign investment in real-estate development. The region offers lucrative opportunities for global players due to the positive economic development and increasing disposable income. This has spiked the growth of magnetic bearing used in the construction industry in cooling system.

Furthermore, the increased investment and spending in the aerospace & defense sector due to an emphasis on national security and technological advancment are anticipated to boost the growth of the magnetic bearing market for this sector. Asia Pacific has one of the fastest defense sectors and there have been various government programs to bring technological advancement and allocate budget for developments in the sector.

The reports also cover country-level analysis:

Americas

U.S.

Canada

Brazil

Europe

Germany

U.K

France

Italy

Asia Pacific

China

Japan

India

Rest of Asia Pacific

Middle East & Africa

Middle East

Africa

Table of Contents:

 

1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope of the Study

2.3 List of Assumptions

2.4 Market Structure

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics

4.1 Introduction

4.2 Drivers

4.2.1 An Energy-Efficient Flexible Solution

4.2.2 Cost-Effectiveness

4.2.3 Increasing Application in HVAC, Defense, and Aerospace

4.3 Restraint

4.3.1 Slowdown in Chinese Economy

4.4 Opportunities

4.4.1 Growth in niche healthcare applications

4.4.2 Growth in niche healthcare applications

5 Market Factor Analysis

5.1 Value Chain Analysis

5.1.1 Raw Material Supply:

5.1.2 Manufacture

5.1.3 Distribution

5.1.4 End-User

5.2 Porter's Five Forces Analysis

5.2.1 Threat of new entrants

5.2.2 Bargaining power of suppliers

5.2.3 Threat of substitutes

5.2.4 Bargaining power of buyers

5.2.5 Rivalry

6 Global Magnet Bearing Market, By Type

6.1 Introduction

6.2 Active Magnet Bearing

6.3 Passive Magnet Bearing

6.4 Hybrid Magnet Bearing

7 Global Magnet Bearing Market, By Application

7.1 Introduction

7.2 Compressor

7.3 Turbine

7.4 Pumps

7.5 Motors

7.6 Generators

8 Global Magnet Bearing Market, By Speed

8.1 Introduction

8.2 Upto 50,000 rpm

8.3 50,000 to 100,000 rpm

8.4 Above 10,000 rpm

9 Global Magnet Bearing Market, By End User

9.1 Introduction

9.2 Oil & Gas

9.3 Petrochemical

9.4 Power

10 Global Magnet Bearing Market, By Region

10.1 Introduction

10.2 Americas

10.2.1 U.S.

10.2.2 Canada

10.2.3 Brazil

10.3 Europe

10.3.1 Germany

10.3.2 U.K.

10.3.3 France

10.3.4 Italy

10.3.5 Rest of Europe

10.4 Asia Pacific

10.4.1 China

10.4.2 India

10.4.3 Japan

10.4.4 Rest of Asia Pacific

10.5 Middle East & Africa

10.5.1 Middle East

10.5.2 Africa

11 Competitive Landscape

11.1 Competitive Landscape

12 Company Profiles

12.1 Siemens AG

12.1.1 Company Overview

12.1.2 Financials

12.1.3 Products

12.1.4 Strategy

12.1.5 Key Developments

12.2 SKF AB

12.2.1 Company Overview

12.2.2 Financials

12.2.3 Products

12.2.4 Strategy

12.2.5 Key Developments

12.3 Schaeffler AG

12.3.1 Company Overview

12.3.2 Financials

12.3.3 Products

12.3.4 Strategy

12.4 Calnetix Technologies

12.4.1 Company Overview

12.4.2 Financials

12.4.3 Products

12.4.4 Strategy

12.4.5 Key Developments

12.5 Waukesha Bearings Corporation

12.5.1 Company Overview

12.5.2 Financials

12.5.3 Products

12.5.4 Strategy

12.5.5 Key Developments

12.6 Mecos AG

12.6.1 Company Overview

12.6.2 Financials

12.6.3 Products

12.6.4 Strategy

12.6.5 Key Developments

12.7 Foshan Genesis

12.7.1 Company Overview

12.7.2 Financials

12.7.3 Products

12.7.4 Strategy

12.7.5 Key Developments

12.8 Synchrony

12.8.1 Company Overview

12.8.2 Financials

12.8.3 Products

12.8.4 Strategy

12.8.5 Key Developments

12.9 Celeroton AG

12.9.1 Company Overview

12.9.2 Financials

12.9.3 Products

12.9.4 Strategy

12.9.5 Key Developments

13 Conclusion

13.1 Conclusion

14 Appendix

14.1 References

To know more information on Purchase by Section, please send a mail to sales@kenresearch.com

List of Figures:

 

FIGURE 1 Global Magnet bearing Market: Market Structure

FIGURE 2 Research Process of MRFR

FIGURE 3 TOP DOWN & BOTTOM up APPROACH

FIGURE 4 DRO ANALYSIS: Global Magnet bearing Market

FIGURE 5 Porter's Five Forces Analysis: magnet bearing market

FIGURE 6 Annual Value of Construction, 2010-2016 (USD Million)

FIGURE 7 TOTAL SALES SUPPORTED BY AEROSPACE & DEFENSE, U.S., 2015 (USD BILLION)

FIGURE 8 brazil Generation capacity, by fuel, 2016 (GW)

FIGURE 9 germany: Imports and export of bearings, 2013-2016 (Usd thousand)

FIGURE 10 U.K.: Value of construction, 2010-2016 (Usd million)

FIGURE 11 france: Imports and export of bearings, 2013-2016 (Usd thousand)

FIGURE 12 FDI INFLOWS, ASIA-PACIFIC, 2010-2015 (USD BILLION)

FIGURE 13 japan: import and export of bearings, 2013-2016 (USD thousand)

FIGURE 14 growth strategies adopted by key players in Global Magnet bearing Market, 2014-2017, (% share)

FIGURE 15 market share analysis, by key players in Global Magnet bearing Market, 2016 (% share)

List of Tables:

 

TABLE 1 Market synopsis

TABLE 2 List of assumptions

TABLE 3 Global Magnet bearing Market, BY type, 2014-2023(USD million)

TABLE 4 Global Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 5 Global Magnet bearing Market, BY SPEED, 2014-2023 (USD million)

TABLE 6 Global Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 7 Global Magnet bearing Market, BY REGION, 2014-2023 (USD million)

TABLE 8 americas: Magnet bearing Market, BY country, 2014-2023 (USD million)

TABLE 9 americas: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 10 americas: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 11 americas: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 12 americas: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 13 U.S.: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 14 U.S.: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 15 U.S.: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 16 U.S.: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 17 Canada Power Generation and Renewable Energy Production, 2014-2017 (USD Millions)

TABLE 18 canada: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 19 canada: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 20 canada: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 21 canada: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 22 brazil: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 23 brazil: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 24 brazil: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 25 brazil: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 26 europe: Magnet bearing Market, BY country, 2014-2023 (USD million)

TABLE 27 europe: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 28 europe: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 29 europe: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 30 europe: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 31 germany: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 32 germany: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 33 germany: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 34 germany: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 35 U.K.: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 36 U.K.: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 37 U.K.: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 38 U.K.: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 39 france: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 40 france: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 41 france: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 42 france: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 43 Italy: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 44 Italy: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 45 Italy: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 46 Italy: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 47 rest of europe: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 48 rest of europe: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 49 rest of europe: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 50 rest of europe: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 51 asia pacific: Magnet bearing Market, BY country, 2014-2023 (USD million)

TABLE 52 asia pacific: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 53 asia pacific: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 54 asia pacific: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 55 asia pacific: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 56 china: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 57 china: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 58 china: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 59 china: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 60 india: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 61 india: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 62 india: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 63 india: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 64 japan: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 65 japan: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 66 japan: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 67 japan: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 68 rest of asia pacific: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 69 rest of asia pacific: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 70 rest of asia pacific: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 71 rest of asia pacific: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 72 Middle East & Africa: Magnet bearing Market, BY region, 2014-2023 (USD million)

TABLE 73 Middle East & Africa: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 74 Middle East & Africa: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 75 Middle East & Africa: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 76 Middle East & Africa: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 77 gcc: investments in manufacturing industries, 2010-2014 (USD Million)

TABLE 78 Middle East: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 79 Middle East: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 80 Middle East: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 81 Middle East: Magnet bearing Market, BY speed, 2014-2023 (USD million)

TABLE 82 africa: Magnet bearing Market, BY type, 2014-2023 (USD million)

TABLE 83 africa: Magnet bearing Market, BY APPLICATION, 2014-2023 (USD million)

TABLE 84 africa: Magnet bearing Market, BY end-user, 2014-2023 (USD million)

TABLE 85 africa: Magnet bearing Market, BY speed, 2014-2023 (USD million)

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Calnetix Technologies (U.S.)

Siemens AG (Germany)

Waukesha Bearings Corporation (U.S.)

Mecos AG (Switzerland)

Foshan Genesis (China)

Synchrony (U.S.)

SKF AB (Sweden)

Celeroton AG (Switzerland)

Schaffer AG (Germany)


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