Ferrite Magnets are also known as Ceramic Magnets, Ceramic Ferrite Magnets, Feroba Magnets and Hard Ferrite Magnets. Ceramic Ferrite magnets are one of the most widely used permanent magnet materials in the world. Ferrite magnets are a low cost magnet material perfectly suited for higher volume production runs.
In global market, the production of ferrite magnets increases from 1406 K MT in 2011 to 1540 K MT in 2015, at a CAGR about 2.3%. In 2015, the global ferrite magnets market is led by China, capturing about 52.30% of global ferrite magnets production. Japan is the second-largest region-wise market with 13.82% global production share. At present, the major manufacturers of ferrite magnets are concentrated in TDK, Magnetic, Hitachi Metals, FDK, Ferroxcube, DMEGC and JPMF. TDK is the world leader, holding 7.36 % production market share in 2015.
Asia Pacific was the largest regional market for ferrite magnets. Southeast Asia is also expected to witness fastest growth, at an estimated CAGR of 3.2% from 2011 to 2015.
China and Japan are expected to witness demand growth at an estimated CAGR of 2.0% and 2.4% from 2011 to 2015, respectively.
According to this study, over the next five years the Ferrite Magnets market will register a -0.5% CAGR in terms of revenue, the global market size will reach US$ 4340 million by 2024, from US$ 4480 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ferrite Magnets business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Ferrite Magnets market by product type, application, key manufacturers and key regions and countries.
This study considers the Ferrite Magnets value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Soft Ferrites Magnets
Permanent Ferrite Magnets
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Household Appliances & consumer Electronics
Computer & office Equipment
Automobile
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
TDK
Magnetic
Hitachi Metals
FDK
JFE
TOKIN
ARNORD
FEELUX
Ferroxcube
DMEGC
JPMF
Jinchuan Electronics
TDG
Sinomag
FENGHUA
ACME
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Ferrite Magnets consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ferrite Magnets market by identifying its various subsegments.
Focuses on the key global Ferrite Magnets manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ferrite Magnets with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ferrite Magnets submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Ferrite Magnets . Industry analysis & Market Report on Ferrite Magnets is a syndicated market report, published as Global Ferrite Magnets Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Ferrite Magnets market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.