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Global Magnetic Bearing Market Worth $ 7.15 Billion By 2018

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    July 2018

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Global Magnetic Bearing Market Worth $ 7.15 Billion by 2018 A magnetic bearing is a bearing that supports a load using magnetic levitation. Magnetic bearings support moving parts without physical contact. Magnetic bearing includes active and passive magnetic bearing on the base of classification, which represent 55% and 27% of global magnetic bearing market. Pump, motor and compressor are the main application of magnetic bearing product and Europe is the largest magnetic bearing market on production and consumption. Global magnetic bearing market is projected to reach $ 7.15 Billion by 2018, with a GAGR of 3.7% from 2014, and Asia will have a big dynamic momentum on the market growth. The major players in the global magnetic bearing market are NSK, NTN, MUTECS, Hitachi, SKF, Mecos, CALNETIX etc. Read Full Report: http://www.gosreports.com/global-magnetic-bearing-market-researchreport-2016/ Joanna | Executive – International Business and partner Relations E-mail: [email protected] | Tel: 1-510-400-8520 Web: http://www.gosreports.com/ 1