Global Magnet Market: Industry Trends, Magnet Types, Major Markets, Manufacturing and Applications

by Sneha Bisht Market Research

Well-diversified and growing industrial applications coupled by the fact that they have limited alternatives have enabled permanent magnets to represent a global multibillion dollar industry.

Permanent Magnets play an important role in our daily lives and can be found as critical components in everything from electric motors, hard disk drives, air conditioners, speakers, computers, microwave ovens, automobiles, mobile phones, imaging systems, etc. As a result of increasing and well diversified industrial applications, the global permanent magnet market has witnessed robust growth during the last decade. There are currently four main types of permanent magnets - NdFeB, SmCo, AlNiCo and Ferrite. NdFeB type magnets currently represent the biggest segment in terms of market values. This segment is also exhibiting growth rates significantly faster than other types of magnets. In terms of volume demand, Ferrite magnets represented more than 88% of the total magnets produced. China is currently both the largest producer and consumer of all types of permanent magnets.

IMARC’s new report “Global Magnet Market: Industry Trends, Magnet Types, Major Markets, Manufacturing and Applications”, provides a deep insight into the global magnet market. Historical market data (2007-2014) and forecast (2015-2020) for all types of permanent magnets have been provided on a global, as well as on a country level. Other metrics such as key manufacturers, applications, drivers, challenges, manufacturing requirements, raw material requirements, machinery requirements, etc. have also been analysed in this report. This report aims to serve as an excellent guide for investors, researchers, consultants, marketing strategists, and all those who are planning to foray into the magnet industry in any form.

 

What we have achieved in this report?

Market Analysis of Various Permanent Magnets

Permanent Magnets Covered: Ferrite, Neodymium Iron Boron (NdFeB), Aluminum Nickel Cobalt (AlNiCo) and Samarium Cobalt (SmCo).

Focus of the analysis for each permanent magnet:

··       Current and Historical Market Trends (2007-2014)

·         Market Breakup by Region

·         Market by Applications

·         Market Forecast (2015-2020)

 

Market Analysis of Various Regions

Regions Covered: China, Japan, United States, Europe and Other Regions

Focus of the analysis for each region:

·         Current and Historical Market Trends (2007-2014)

·         Market Breakup by Magnet Type

·         Market Forecast (2015-2020)

 

Market Analysis of Various Applications

Applications Covered:

·   ·    Computer Hard Disk Drives (HDD), CD, DVD

·         Hybrid Electric Vehicles

·         Electric Bicycles

·         Heating, Ventilating and Air Conditioners (HVAC)

·         Wind Turbines

·         Other Applications

Requirements for Setting-up a Permanent Magnet Manufacturing Plant

Permanent Magnets Covered: Ferrite, Neodymium Iron Boron (NdFeB) and Samarium Cobalt (SmCo).

 

Focus of the analysis for each magnet:

·         Manufacturing Process

·         Raw Material Requirements

·         Machinery Requirements

Read Full Report on Global Magnet Market: http://www.imarcgroup.com/magnet-market

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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