Global permanent magnet market expected to reach USD 30.67 billion by 2025, at a CAGR of 8.5% between 2019 and 2025. Permanent magnets are magnetic materials where the magnetic fields are created by the internal structure of the materials themselves.
Permanent Magnet Market
The report covers a forecast and an analysis of the permanent magnet market on a global and regional level. The study provides historical information from 2016 to 2018 with a forecast from 2019 to 2025 based on both volume (Kilotons) and revenue (USD Billion). The study covers the key drivers and restraints of the permanent magnet market. It also provides its market impact within the forecast period. Furthermore, the study also includes the opportunities accessible in the permanent magnet market on a global level.
In order to offer the users of this report, a comprehensive view of the permanent magnet market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the permanent magnet market has additionally been enclosed within the study. The study includes a market attractiveness analysis, wherein all the segments are benchmarked supported their market size, growth rate, and general attractiveness.
The study also includes the market share of the key participant’s operating in the permanent magnet market across the globe. Additionally, the report covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of key players within the market on a regional basis.
The study provides a crucial view of the permanent magnet market based on type, end-use industry, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The type segment of the permanent magnet market includes ferrite magnet, alnico magnet, samarium cobalt magnet, neodymium iron boron magnet, and others. Based on end-user industry, the global permanent magnet market includes industrial, medical technology, consumer electronics, environment and energy, automotive, aerospace and defense, and others. The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.
Some key players of the global permanent magnet market are Hangzhou Group, Daido Steel, Adams Magnetic Products, Shin-Etsu Chemical, Electron Energy Corp., Lynas Corporation, Hitachi Metals, Tengam Engineering, TDK Corporation, Bunting Magnetics, and Arnold Magnetic Technologies.
This report segments the global permanent magnet market into:
Global Permanent Magnet market: Type Analysis
Global Permanent Magnet market: End-Use Industry Analysis
Global Permanent Magnet market: Regional Analysis