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Magnet Bearings Market: Forecasting Structural Shifts and Investment Potential

11-06-2025 01:14 PM CET | Industry, Real Estate & Construction

Press release from: Research Nester Pvt. Ltd.

Magnet Bearings Market: Forecasting Structural Shifts

Market Outlook and Forecast

The global magnet bearings market is experiencing robust growth as industries increasingly prioritize high-speed, low-friction, and energy-efficient mechanical components. The market is projected to expand from USD 2.7 billion in 2025 to approximately USD 4.27 billion by 2035, registering a 4.7% CAGR during the forecast period (2026-2035). Magnet bearings, also known as magnetic bearings, are revolutionizing industrial applications by eliminating physical contact between moving parts, leading to reduced maintenance, higher operational efficiency, and extended equipment lifespan.

The rising adoption of these systems in energy, aerospace, semiconductor manufacturing, and automotive sectors is fueling market momentum. Magnetic bearings provide precise rotational control, lower vibration, and enhanced reliability-essential attributes for high-performance machinery such as turbines, compressors, and electric motors. In an era emphasizing sustainability and decarbonization, these bearings also contribute to significant energy savings by reducing mechanical friction and wear.

Moreover, technological advancements in active magnetic bearing (AMB) systems and hybrid configurations have broadened their applicability. As industries transition toward digitalized, smart, and automated ecosystems, magnetic bearings are being integrated with IoT-based monitoring systems for real-time diagnostics, predictive maintenance, and performance optimization. These developments are reinforcing the magnet bearings market's position as a critical enabler of efficiency and innovation in the modern industrial landscape.

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Regional Performance Highlights

North America is anticipated to hold a commanding 42.8% share by 2035, driven by strong industrial infrastructure, technological innovation, and widespread adoption of advanced machinery. The United States and Canada are witnessing a surge in demand for high-performance rotating equipment across sectors such as oil & gas, power generation, and defense. Moreover, stringent regulations promoting energy efficiency and emission control have accelerated the shift toward magnet bearings over traditional mechanical alternatives.

Asia Pacific, on the other hand, is emerging as one of the fastest-growing markets, supported by industrial expansion, infrastructure development, and increasing investment in renewable energy and electric vehicle (EV) manufacturing. Countries such as China, Japan, South Korea, and India are leveraging magnetic bearings to enhance efficiency in industrial automation, precision engineering, and semiconductor production. The region's growing emphasis on sustainability and green technology integration is further bolstering product adoption.

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Market Segmentation

In terms of type, the market is dominated by active magnetic bearings (AMBs), known for their precise control and adaptability to high-speed rotating systems. AMBs use electromagnetic fields to levitate and stabilize rotating shafts, enabling near-zero friction operations. These bearings are widely used in turbo machinery, vacuum pumps, and flywheel energy storage systems. Passive magnetic bearings (PMBs), which use permanent magnets to provide stable levitation without external control, are gaining ground in cost-sensitive applications due to their simplicity and low maintenance requirements.

By end use, the magnet bearings market serves a diverse range of sectors including energy & power, oil & gas, automotive, aerospace, and industrial machinery. The energy sector, in particular, is emerging as a major consumer due to its reliance on high-speed turbines, compressors, and generators. Automotive applications-especially in electric and hybrid vehicles-are witnessing growing integration of magnetic bearings to enhance performance and reduce energy losses. In the aerospace sector, magnetic bearings are used for jet engines and space applications, where minimal wear and high reliability are critical.

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Top Market Trends

1. Integration of Smart Monitoring and Predictive Maintenance Technologies

One of the defining trends in the magnet bearings market is the integration of IoT, AI, and sensor-based technologies for real-time monitoring. Smart magnetic bearings can now detect imbalances, temperature changes, and vibration anomalies instantly, enabling predictive maintenance and minimizing downtime. Companies like SKF and Waukesha Bearings are introducing advanced diagnostic solutions to enhance the performance of magnetic bearing systems across industrial environments.

2. Rising Adoption in Renewable Energy and Electric Mobility

Magnetic bearings are playing a pivotal role in supporting the global transition toward renewable energy and electrification. In wind turbines, they reduce friction and maintenance costs while increasing energy efficiency. Similarly, in electric vehicles (EVs) and flywheel energy storage systems, they ensure higher rotational speeds and energy conservation. As governments and corporations intensify their decarbonization goals, magnet bearings are set to become indispensable components of the clean energy value chain.

3. Advances in Hybrid Bearing Technology

Hybrid systems combining active and passive magnetic bearings are gaining popularity due to their balance between cost-effectiveness and precision control. These hybrid configurations are particularly beneficial in industrial machinery and energy systems, offering enhanced performance while minimizing power consumption. The increasing research investments aimed at improving magnetic levitation stability and reducing system complexity are expected to boost adoption further.

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Recent Company Developments

1. SKF Group expanded its magnetic bearing product line with advanced digital integration features, offering real-time monitoring capabilities for aerospace and power generation applications.

2. Waukesha Bearings announced new projects to supply magnetic bearing systems for high-efficiency gas compressors in the energy sector.

3. Calnetix Technologies launched a next-generation magnetic bearing controller designed for compact, high-speed rotating equipment used in medical and industrial applications.

4. Siemens Energy invested in R&D to integrate magnetic bearings into its next-gen turbine designs, aiming to reduce lifecycle costs and carbon emissions.

5. MECOS AG collaborated with academic institutions to develop advanced hybrid magnetic bearing prototypes optimized for smart grid and microturbine applications.

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https://www.linkedin.com/pulse/how-microgrids-transforming-future-energy-management-zvyhe

https://www.linkedin.com/pulse/can-building-integrated-photovoltaics-bipv-replace-conventional-zlrac

Contact Data

AJ Daniel
Corporate Sales, USA
Research Nester
Email: info@researchnester.com
USA Phone: +1 646 586 9123
Europe Phone: +44 203 608 5919

About Research Nester

Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided the right guidance at the right time is available through strategic minds.

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