Contactless Active Magnetic Bearings Market Insights, Forecast, Analysis, Segmentation, Outlook | Valuates Reports

Contactless Active Magnetic Bearings Market

A contactless active bearing is a type of bearing that supports a load using magnetic levitation. Contactless active 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 any kind of bearing and have no maximum relative speed. Contactless active bearings have several advantages: they do not suffer from wear, have low friction, and can often accommodate irregularities in the mass distribution automatically, allowing rotors to spin around their center of mass with very low vibration.

The global Contactless Active Magnetic Bearings market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2023 and 2028.

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North American market for Contactless Active Magnetic Bearings is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.

Asia-Pacific market for Contactless Active Magnetic Bearings is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.

The major global companies of Contactless Active Magnetic Bearings include SKF, Waukesha Bearings, Schaeffler, Siemens, KEBA Industrial Automation, Zeitlos, Kazancompressormash, MECOS and Synchrony, etc. In 2021, the world's top three vendors accounted for approximately % of the revenue.

The global market for Contactless Active Magnetic Bearings in Motors is estimated to increase from $ million in 2022 to $ million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.

Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, Analog Control, which accounted for % of the global market of Contactless Active Magnetic Bearings in 2021, is expected to reach million US$ by 2028, growing at a revised CAGR of % from 2022 to 2028.

This report aims to provide a comprehensive presentation of the global market for Contactless Active Magnetic Bearings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Contactless Active Magnetic Bearings.

The Contactless Active Magnetic Bearings market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Contactless Active Magnetic Bearings market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Contactless Active Magnetic Bearings manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
• SKF
• Waukesha Bearings
• Schaeffler
• Siemens
• KEBA Industrial Automation
• Zeitlos
• Kazancompressormash
• MECOS
• Synchrony
• Calnetix
• FG-AMB
• Maruwa Electronic

By Type
• Analog Control
• Digital Control

By Application
• Motors
• Blowers
• Compressors
• Pumps
• Generators
• Turbines

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