Global “Permanent Magnets Market” 2020 – 2025 Report calculates the market size, Permanent Magnets Sales, Price, Revenue, Gross Margin and Market Share, cost structure and growth rate. The report considers the revenue generated from the sales of this report and technologies by various application segments such as 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.
“Final Report will add the analysis of the impact of COVID-19 on the Permanent Magnets industry.”
This report focuses on the Permanent Magnets in the Global market, particularly in the United States, Europe, China, Japan, South Korea, North America, India. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
Summary of Permanent Magnets Market Report 2020 –
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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The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts.
List of Top Manufacturers/Key-players of Permanent Magnets Market (2020 – 2025): –
The prime objective of this report is to help the user understand the Permanent Magnets Market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report.
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.
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: 2020
- Forecast Year 2020 to 2025
Key questions answered in the report:
- Which Manufacturing Technology is Used for Permanent Magnets? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Permanent Magnets Market? What’s Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Permanent Magnets Market? What Was Capacity, Production Value, Cost and PROFIT of Permanent Magnets Market?
- What Is Current Market Status of Permanent Magnets Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Permanent Magnets Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Permanent Magnets Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Permanent Magnets Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Permanent Magnets Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Permanent Magnets Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Permanent Magnets Industry?
- 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, 2020 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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Key Benefits to purchase this Permanent Magnets Market Report:
- To gain insightful analyses of the Permanent Magnets market and have comprehensive understanding of the global market and its commercial landscape.
- Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the Permanent Magnets market.
- Besides the standard structure reports, we also provide custom research according to specific requirements.
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:
Global Permanent Magnets Market Research Report (2020-2025) by Manufacturers, Regions, Types and Applications
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 2015-2026
2.1.2 Global Permanent Magnets Production 2015-2026
2.1.3 Global Permanent Magnets Capacity 2015-2026
2.1.4 Global Permanent Magnets Marketing Pricing and Trends
2.2 Permanent Magnets Growth Rate (CAGR) 2020-2026
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 (2015-2020)
3.2.2 Permanent Magnets Revenue Share by Manufacturers (2015-2020)
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
4.3.1 Europe Permanent Magnets Production
4.3.2 Europe Permanent Magnets Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Permanent Magnets Import and Export
4.4.1 China Permanent Magnets Production
4.4.2 China Permanent Magnets Revenue
4.4.3 Key Players in China
4.4.4 China Permanent Magnets Import and Export
4.5.1 Japan Permanent Magnets Production
4.5.2 Japan Permanent Magnets Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Permanent Magnets Import and Export
4.6 Other Regions
4.6.1 South Korea
4.6.3 Southeast Asia
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
5.6 Middle East and Africa
5.6.1 Middle East and Africa Permanent Magnets Consumption by Application
5.6.2 Middle East and Africa Permanent Magnets Consumption by Countries
5.6.4 GCC Countries
5.6.6 South Africa
6 Market Size by Type
6.1 Global Permanent Magnets Breakdown Dada 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 Dada by Application
7.2.1 Global Permanent Magnets Consumption by Application
7.2.2 Global Permanent Magnets Consumption Market Share by Application (2015-2020)
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