Global Magnetic Bearings Market is Expected to Grow at a CAGR of 5.4% from 2017 to 2023

Market Research Report on Magnetic Bearings Market

Market Research Report on Magnetic Bearings Market

Magnetic Bearings Market Research Report

RAIPUR, INDIA, November 8, 2017 /EINPresswire.com/ --

Report Sellers has added a new market research report “Magnetic Bearings - Global Market Outlook (2017-2023)” to its offerings.

According to Report, the Global Magnetic Bearings Market is expected to grow at a CAGR of 5.4% during the forecast period.

Increasing demand for energy efficient flexible solutions, rising demand for innovative products, and increasing in renewable power sector are some of the factors driving the market growth during the forecast period. However, heavy large size of the magnetic bearings and high cost bearings are hindering the market growth.

By application, wind turbines hold the vast market share by growing demand in power generation. Europe region is projected to be the leading markets in terms of market size, during the forecast period. The growth is attributed to huge investments in renewable energy and demand for magnetic bearings fuelling the European market. Asia Pacific is expected to witness high growth rate during the forecast period.

Some of the key players in global magnetic bearings market include Advanced Motion Controls, Calnetix Technologies LLC, Comsol Inc., Dresser-Rand, Facility EAST GmbH, Foshan Genesis, KML Motion Industries Co. Ltd., MAN Diesel & Turbo, Mecos AG, NSK Europe, Schaeffler, Siemens AG, Simply Bearings Ltd., Synchrony, and Waukesha Bearings Corporation.

Browse through the complete description and in-depth TOC on “Magnetic Bearings Market”
https://www.reportsellers.com/market-research-report/Magnetic-Bearings---Global-Market-Outlook-2017-2023

What does the Report Offers

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments

Report Scope

Global magnetic bearings market has been segmented by Bearing types covered, applications covered, end user covered and regions covered

Bearing Types Covered:
Passive Magnetic Bearing (PMB)
Active Magnetic Bearing (AMB)
Hybrid Magnetic Bearing (HMB)

Applications Covered:
Motors
Generators
Compressors
Turbines
Semiconductor And Vacuum Equipment
Pumps

End Users Covered:
Electrical
Oil And Gas
Healthcare
Railway

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

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