Magnet Bearings Market 2018
Magnet Bearings Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Magnet Bearings Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023
Market Highlights
The magnet bearing is highly application driven. The global magnet bearings market has been segmented by application as: compressor, turbine, pumps, motors, generators, and others. Magnet Bearings are used in compressors and allow the compressor to operate without the use of oil for lubrication. This, in turn reduces energy losses due to friction and increases the heat transfer efficiency of the chiller, as no oil enters the condenser. The segment is expected to grow at 4.19% CAGR during the forecast period. However the largest application would be turbines. Today, magnetic bearing technology is used in turbines. It has become viable because of advances in micro-processing controllers that enable robust active control. Further developments in the areas of rotor and stator and materials have been made so that it minimizes energy losses, and minimize stress limitations. This has fueled the demand for such bearings in the turbine application.
Pumps are also an important applications. Magnetic bearings are highly attractive to high-speed machines such as pumps. Such bearings are ideal for clean environments, wherein most magnetic bearings are used. Magnet bearing provide stiffness and damping. However, unlike other bearings, the performance can be optimized by changing control parameters. Advanced control mechanism minimizes machine vibration even under high imbalance.
Get Sample Report of Magnet Bearings Market@ https://www.marketresearchfuture.com/sample_request/5940
Magnet Bearings Key Players Analyzed in This Research:
The prominent players in the magnet bearings market include Calnetix Technologies, Siemens AG, Waukesha Bearings Corporation, Mecos AG, Foshan Genesis, Synchrony, SKF AB, and Celeroton AG.
Market Segmentation:
On end-user, the market has been segmented into oil & gas, petrochemicals, power, and others. Power is expected to hold the largest share as the rising cost of energy along with the harmful environmental effects of power production have placed emphasis on taming renewable sources of energy and improving the utilization of energy, which induced the market growth of magnet bearings.
Regional Analysis:
Geographically, the global magnet bearings market has been divided into four major regions such as Americas, Europe, Asia Pacific and Middle East & Africa. Asia Pacific has dominated the magnet bearings market due to increase in foreign investment in construction sector. Furthermore, the government initiatives, and emphasis on the growth of core sectors such as power, and aerospace, defense has ensured fastest growth in the Asia Pacific market. China is one of the leading markets in the Asia Pacific region. The country has witnessed increasing demand for eco-friendly and sustainable construction and the government support fuel the demand of magnet bearing in the construction industry. The Chinese power industry has focus of both domestic and international players for a very long time. There have been various government programs pushing the sector. It is because of this that the industry is a major consumer of magnet bearing in the country.
Americas is also an important market for magnet bearing to prosper. It is mainly due to the well-established aerospace, & defense, and power industries. In Americas, U.S. is the largest market for magnet bearing. It accounted for the largest market share in 2016. The share is attributed by various factors such as increase in private construction value, various government regulation to push the energy & power industry, and increasing investment in the aerospace & defense sector. On the other hand, spending on infrastructure to ensure delivery of power to homes and industries has increased steadily in last ten years. The investment has been made for building utilities, upgrading, and replacing station equipment, poles, fixtures, and overhead lines and devices. This spiked the growth of magnet bearing in the region.
Scope of Report:
The report for Global Magnet bearings market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Get Complete Report Details of Magnet Bearings Market@ https://www.marketresearchfuture.com/reports/magnet-bearings-market-5940
Continued…….
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.
MRFR team have the prime objective to provide optimum quality market research and intelligence services to our clients. Our market research studies depending on products, services, technologies, applications, end users, and market players for global, regional, and country level market segments enables our clients to know more consequently do more, which gives them answer for their each and every important question. In order to stay updated with technology and work process of the industry
CONTACT US:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
slase@marketresearchfuture.com
No comments:
Post a Comment