Active Magnetic Bearings Market Growth Analysis 2025

The global Active Magnetic Bearing market was valued at US$ 364.36 million in 2023 and is anticipated to reach US$ 688.06 million by 2030, witnessing a CAGR of 9.93% during the forecast period 2024-2030.

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Active magnetic bearings, also known as magnetic suspension bearings, are a type of contactless bearing that use magnetic fields to suspend and support a rotating shaft.

These bearings consist of a set of permanent magnets or electromagnets that create a magnetic field around the shaft, which levitates the shaft and supports its load without physical contact. This allows for frictionless operation, low wear, and high accuracy, which are all important in applications where high speed, precision, and reliability are required, such as in turbines, pumps, and high-speed machinery.

North American market for Active Magnetic Bearing is estimated to increase from $ 97.81 million in 2023 to reach $ 172.03 million by 2030, at a CAGR of 8.7% during the forecast period of 2024 through 2030.

China market for Active Magnetic Bearing is estimated to increase from $ 47.88 million in 2023 to reach $ 121.56 million by 2030, at a CAGR of 14.1% during the forecast period of 2024 through 2030.

The major global manufacturers of Active Magnetic Bearing include SKF, Waukesha Bearings, Schaeffler, Siemens (Innomotics), Nanjing CIGU, KEBA Industrial Automation, Zeitlos, Kazancompressormash, MECOS, Synchrony, Calnetix, FG-AMB, Levitronix, Maruwa Electronic, etc. In 2023, the world's top three vendors accounted for approximately 46.71% of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Active Magnetic Bearing, 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 Active Magnetic Bearing.

The Active Magnetic Bearing market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Active Magnetic Bearing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

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 Active Magnetic Bearing 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, by Type, by Application, and by regions.

Market Segmentation

By Company