The points that are discussed within the report are the major market players that are involved in the Permanent Magnets market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc. The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail. Data and information by manufacturer, by region, by type, by application is given and custom research can be added according to specific requirements.
Final Report will add the analysis of the impact of COVID-19 on the Permanent Magnets industry.
Global “Permanent Magnets Market” Report 2021 offers an extensive assessment of key drivers, driving business sector players, key portions, and areas. Other than this, the specialists have profoundly considered distinctive geological territories and introduced a serious situation to help new participants, driving business sector players, and speculators to decide developing economies. These experiences offered in the Permanent Magnets report would profit advertise players to figure systems for the future and increase a solid situation in the worldwide Permanent Magnets showcase development. This report centers around the Permanent Magnets in the Global market, particularly in the United States, Europe, China, Japan, South Korea, North America, India.
Permanent Magnets Market size by players, locales, item types and end ventures, history information 2021, and gauge information 2025. Also, the report gives a total market diagram, a rundown of top produces, the extent of the report, key market patterns of the Permanent Magnets market, and primary viewpoint about the report-for what reason would it be a good idea for you to purchase this report? So don’t miss it.
Short Description about Permanent Magnets Market Report –
Permanent magnets are objects made from a material that is magnetized and creates its own persistent magnetic field. Permanent magnets are made out of substances like magnetite (Fe3O4), the most magnetic naturally occurring mineral, or neodymium, a powerfully magnetic synthetic substance.
Rising demand for miniaturization coupled with advancement in technology that leads to the availability of better quality ferrite magnets and neo magnets with lesser dysprosium content, together, will drive the market to $18.8 billion by 2018. Asia-Pacific is the fastest growing markets for permanent magnet. Developing economies such as China and India are act as a growth engine for many industries that include automotive, consumer electronics, and medical technologies. These growing industries drive the growth in the region. The market here is expected to experience highest revenue growth during the next five years.
The factors that drive growth in the permanent magnet market include high demand from current & emerging applications, development, and modernization of infrastructure, increased demand for efficiency & miniaturization, and initiatives of associations & regulatory bodies. The factors that hinder the growth of this market are the fluctuating costs of raw materials, lack of quality control across developing countries, and huge investments required in R&D and technology.
China is the leading manufacturer of low cost permanent magnet. The Chinese producers were able to produce low cost permanent magnet owing to government support and subsidies, cheap labor cost, and the presence of only a few environment & health policies. It was practically impossible for producers outside China to offer at a lower cost, and operate profitably, which resulted in a closure of magnet plants outside China. China in turn became the leading producer of permanent magnet. Moreover, China has also developed an exclusive full scale competitive advantage on rare earth elements (REE) mining technology, production technology, processing technology, and human capital.
But, the market is growing with increasing number of applications in several industries. Quite a few associations and government authorities are taking the initiative for further research and development to expand the technological know-how and applications. For example, IEEE Magnetics (U.S.) focuses on basic development, designs, and applications of magnetic devices. The National Institute of Standards and Technology (NIST) (U.S.) focuses on the development of measurements, standards, and technology to improve the productivity of the product. Most of the companies have been focusing mainly on R&D in order to develop new and improved products .The companies have extensively applied expansion (either geographic or capacity expansion) as a growth strategy for this market, to increase their market share.
SmCo magnets can be used for the widest temperature range, followed by Alnico magnets. But their magnetic properties are not that high. Ferrite magnets are the cheapest permanent magnet, hence they are consumed in the largest proportion, but their usage is limited by an operable temperature range and lower magnetic energy product. The NdFeB magnet has confined usage in high temperature applications. But in combination with cobalt and dysprosium its temperature properties are enhanced and used widely in applications where miniaturization is an important design criterion.
, The Permanent Magnets market was valued at million USD in 2018 and is projected to reach million USD by 2025, at a CAGR during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Permanent Magnets.
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Additionally, the Permanent Magnets market trend provides a comprehensive study of prime players at intervals the market by lightness their product description, business outline, and business strategy. It conjointly endows with the amount of production, Permanent Magnets’s future demand, needed staple, and also the cash health of the organization.
Here is List of Top Manufacturers/Key-players of Permanent Magnets Market (2021 – 2025): –
The report provides useful insights into a wide range of business aspects such as pillars, features, sales strategies, planning models, in order to enable readers to gauge market scope more proficiently. Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries.
On the basis of Product Type, we research the production, revenue, price, market share and growth rate, primarily split into: –
The Permanent Magnets Market report purposefully analyses every sub-segment regarding the individual growth trends, contribution to the total market, and the upcoming forecasts.
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For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Permanent Magnets market for each application, including: –
This report studies the global market size of Permanent Magnets in key regions like North America, Europe, China and Japan, focuses on the consumption of Permanent Magnets in these regions.
In this study, the years considered to estimate the market size of Permanent Magnets:
- History Year: 2014-2019
- Base Year: 2019
- Estimated Year: 2021
- Forecast Year 2021 to 2025
Key questions answered in the report:
- What will the market growth rate of the Permanent Magnets market?
- What are the key factors motivating the Global Permanent Magnets market?
- Who are the key companies in the Permanent Magnets market space?
- What are the market opportunities, market risk and market overview of the Permanent Magnets market?
- What are sales, revenue, and price analysis of top manufacturers of the Permanent Magnets market?
- Who are the distributors, traders, and dealers of the Permanent Magnets market?
- What are the Permanent Magnets market opportunities and threats faced by the vendors in the Global Permanent Magnets industries?
- What are sales, revenue, and price analysis by types and applications of the Permanent Magnets market?
- What are sales, revenue, and price analysis by regions of Permanent Magnets industries?
- Major countries in each region are mapped according to individual market revenue.
- A comprehensive analysis of the factors that drive and restrict the market growth is provided.
- The report includes an in-depth analysis of current research and clinical developments within the market.
- Key players and their key developments in recent years are listed.
For the data information by region, company, type, and application, 2021 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Reason to purchase this Permanent Magnets Market Report: –
- Determine prospective investment areas based on a detailed trend analysis of the global Permanent Magnets market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different Permanent Magnets segments in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global Permanent Magnets market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Permanent Magnets market.
- Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Permanent Magnets solution providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
Global Permanent Magnets Industry 2019 Market Research Report provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.
Major Points from Table of Contents:
1 Study Coverage
1.1 Permanent Magnets Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Permanent Magnets Market Size Growth Rate by Type
1.5 Market by Application
1.5.1 Global Permanent Magnets Market Size Growth Rate by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Permanent Magnets Production
2.1.1 Global Permanent Magnets Revenue 2014-2025
2.1.2 Global Permanent Magnets Production 2014-2025
2.1.3 Global Permanent Magnets Capacity 2014-2025
2.1.4 Global Permanent Magnets Marketing Pricing and Trends
2.2 Permanent Magnets Growth Rate (CAGR) 2021-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Permanent Magnets Manufacturers
2.4 Market Drivers, Trends and Issues
2.5 Macroscopic Indicator
2.5.1 GDP for Major Regions
2.5.2 Price of Raw Materials in Dollars: Evolution
3 Market Size by Manufacturers
3.1 Permanent Magnets Production by Manufacturers
3.1.1 Permanent Magnets Production by Manufacturers
3.1.2 Permanent Magnets Production Market Share by Manufacturers
3.2 Permanent Magnets Revenue by Manufacturers
3.2.1 Permanent Magnets Revenue by Manufacturers (2014-2019)
3.2.2 Permanent Magnets Revenue Share by Manufacturers (2014-2019)
3.3 Permanent Magnets Price by Manufacturers
3.4 Mergers and Acquisitions, Expansion Plans
4 Permanent Magnets Production by Regions
4.1 Global Permanent Magnets Production by Regions
4.1.1 Global Permanent Magnets Production Market Share by Regions
4.1.2 Global Permanent Magnets Revenue Market Share by Regions
4.2 United States
4.2.1 United States Permanent Magnets Production
4.2.2 United States Permanent Magnets Revenue
4.2.3 Key Players in United States
4.2.4 United States Permanent Magnets Import and Export
5 Permanent Magnets Consumption by Regions
5.1 Global Permanent Magnets Consumption by Regions
5.1.1 Global Permanent Magnets Consumption by Regions
5.1.2 Global Permanent Magnets Consumption Market Share by Regions
5.2 North America
5.2.1 North America Permanent Magnets Consumption by Application
5.2.2 North America Permanent Magnets Consumption by Countries
5.2.3 United States
5.3.1 Europe Permanent Magnets Consumption by Application
5.3.2 Europe Permanent Magnets Consumption by Countries
5.4 Asia Pacific
5.4.1 Asia Pacific Permanent Magnets Consumption by Application
5.4.2 Asia Pacific Permanent Magnets Consumption by Countries
5.4.5 South Korea
5.5 Central and South America
5.5.1 Central and South America Permanent Magnets Consumption by Application
5.5.2 Central and South America Permanent Magnets Consumption by Countries
6 Market Size by Type
6.1 Global Permanent Magnets Breakdown Data by Type
6.2 Global Permanent Magnets Revenue by Type
6.3 Permanent Magnets Price by Type
7 Market Size by Application
7.2 Global Permanent Magnets Breakdown Data by Application
7.2.1 Global Permanent Magnets Consumption by Application
7.2.2 Global Permanent Magnets Consumption Market Share by Application (2014-2019)
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