Global Magnetic Bearings Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Magnetic Bearings Market.
Companies Mentioned are Calnetix Technologies, MAN Diesel & Turbo, Schaeffler, SKF, Celeroton, Facility EAST GmbH, evico, Foshan Genesis, LCM, Magnetal, Synchrony, and Waukesha Bearings.
The global Magnetic Bearings market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Major points covered in Global Magnetic Bearings Market 2017 Research are:-
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global Magnetic Bearings market?
- What are the key market trends impacting the growth of the global Magnetic Bearings market?
- What are the challenges to market growth?
- Who are the key vendors in the global Magnetic Bearings market?
- What are the market opportunities and threats faced by the vendors in the global Magnetic Bearings market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global Magnetic Bearings market?
This independent 72 page report guarantees you will remain better informed than your competition. With over 160 tables and figures examining the Magnetic Bearings market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Magnetic Bearings in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.
The report provides a basic overview of the Magnetic Bearings industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.
Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Magnetic Bearings industry development trends and marketing channels are analyzed.
Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is growth in the nuclear power sector. Magnetic bearings are used in the nuclear power sector in various high torque equipment such as turbines and pumps in reactors. Many countries are involved in generating nuclear power. There are 31 countries hosting nearly 440 nuclear power reactors with a total installed capacity of 390,000 MWe. Further, 60 additional nuclear power reactors are under construction and 160 reactors are under the planning stage. Maximum reactors that are planned to be constructed are in Asia and few major new units in Russia. Capacity is increased by upgrading power plants.”
According to the report, one of the major drivers for this market is growing demand for wind power generation. Wind turbines are a valuable and efficient means of harnessing alternate energy and help in minimizing carbon emission. Wind turbine manufacturers are developing high-capacity turbines to increase power generation. In addition, manufacturers are developing distinct and durable hybrid wind turbines to withstand extreme climatic conditions. This has directly led to the development of large special-purpose wind turbine bearings, thus increasing the performance. Hence, wind energy is one of the key growing markets for industrial bearings globally. The current trend is to shift toward eco-products and the bearings industry must also adapt accordingly.
Further, the report states that one of the major factors hindering the growth of this market is slowdown in Chinese economy. The recent slowdown that the Chinese economy has been experiencing will have an adverse effect on the magnetic bearings market. As per the World Bank, the Chinese GDP grew at only 6.9% in 2015, which was the slowest recorded since 1990. The slowdown is mainly attributed to the sluggish performance of the country’s real estate sector
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Magnetic Bearings on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Magnetic Bearings Market and assist manufacturers and investment organization to better grasp the development course of Magnetic Bearings Market.
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