Magnetic Bearing Market Projected to Grow at Steady Rate Through 2027
A bearing is an element of a machine generally used to support other moving parts of the machine. While carrying any load, it helps in the relative movement between the connecting surfaces of the machine. Majority of the bearings are used to support the rotating shaft of the machine by holding it either radially or axially. Similarly, a magnetic bearing supports the load using magnetic levitation, without physical contact. A shaft is radially surrounded by magnets, which allow the shaft...
View full press release