Permanent Magnets Market Report – Research, Industry Analysis Reports and Market Demands

Global Permanent Magnets Market Growth 2019-2024

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Table of Content

2019-2024 Global Permanent Magnets Consumption Market Report

1 Scope of the Report

2 Executive Summary

2.1 World Market Overview
- 2.1.1 Global Permanent Magnets Consumption 2014-2024
- 2.1.2 Permanent Magnets Consumption CAGR by Region
2.2 Permanent Magnets Segment by Type
- 2.2.1 NdFeB magent
- 2.2.2 Ferrite magent
2.3 Permanent Magnets Consumption by Type
- 2.3.1 Global Permanent Magnets Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Permanent Magnets Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Permanent Magnets Sale Price by Type (2014-2019)
2.4 Permanent Magnets Segment by Application
- 2.4.1 Auto industry
- 2.4.2 Household appliance industry
- 2.4.3 Computer acoustical product
- 2.4.4 Electronic toys
- 2.4.5 others
2.5 Permanent Magnets Consumption by Application
- 2.5.1 Global Permanent Magnets Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Permanent Magnets Value and Market Share by Application (2014-2019)
- 2.5.3 Global Permanent Magnets Sale Price by Application (2014-2019)

3 Global Permanent Magnets by Players

3.1 Global Permanent Magnets Sales Market Share by Players
- 3.1.1 Global Permanent Magnets Sales by Players (2017-2019)
- 3.1.2 Global Permanent Magnets Sales Market Share by Players (2017-2019)
3.2 Global Permanent Magnets Revenue Market Share by Players
- 3.2.1 Global Permanent Magnets Revenue by Players (2017-2019)
- 3.2.2 Global Permanent Magnets Revenue Market Share by Players (2017-2019)
3.3 Global Permanent Magnets Sale Price by Players
3.4 Global Permanent Magnets Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Permanent Magnets Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Permanent Magnets Products Offered
3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Permanent Magnets by Regions

4.1 Permanent Magnets by Regions
- 4.1.1 Global Permanent Magnets Consumption by Regions
- 4.1.2 Global Permanent Magnets Value by Regions
4.2 Americas Permanent Magnets Consumption Growth
4.3 APAC Permanent Magnets Consumption Growth
4.4 Europe Permanent Magnets Consumption Growth
4.5 Middle East & Africa Permanent Magnets Consumption Growth

5 Americas

5.1 Americas Permanent Magnets Consumption by Countries
- 5.1.1 Americas Permanent Magnets Consumption by Countries (2014-2019)
- 5.1.2 Americas Permanent Magnets Value by Countries (2014-2019)
5.2 Americas Permanent Magnets Consumption by Type
5.3 Americas Permanent Magnets Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC

6.1 APAC Permanent Magnets Consumption by Countries
- 6.1.1 APAC Permanent Magnets Consumption by Countries (2014-2019)
- 6.1.2 APAC Permanent Magnets Value by Countries (2014-2019)
6.2 APAC Permanent Magnets Consumption by Type
6.3 APAC Permanent Magnets Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe

7.1 Europe Permanent Magnets by Countries
- 7.1.1 Europe Permanent Magnets Consumption by Countries (2014-2019)
- 7.1.2 Europe Permanent Magnets Value by Countries (2014-2019)
7.2 Europe Permanent Magnets Consumption by Type
7.3 Europe Permanent Magnets Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa

8.1 Middle East & Africa Permanent Magnets by Countries
- 8.1.1 Middle East & Africa Permanent Magnets Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Permanent Magnets Value by Countries (2014-2019)
8.2 Middle East & Africa Permanent Magnets Consumption by Type
8.3 Middle East & Africa Permanent Magnets Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends

9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer

10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
10.2 Permanent Magnets Distributors
10.3 Permanent Magnets Customer

11 Global Permanent Magnets Market Forecast

11.1 Global Permanent Magnets Consumption Forecast (2019-2024)
11.2 Global Permanent Magnets Forecast by Regions
- 11.2.1 Global Permanent Magnets Forecast by Regions (2019-2024)
- 11.2.2 Global Permanent Magnets Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
11.7 Global Permanent Magnets Forecast by Type
11.8 Global Permanent Magnets Forecast by Application

12 Key Players Analysis

13 Research Findings and Conclusion

Description

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.

According to this study, over the next five years the Permanent Magnets market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Permanent Magnets business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Permanent Magnets market by product type, application, key manufacturers and key regions and countries.

This study considers the Permanent 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.
NdFeB magent
Ferrite magent
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Auto industry
Household appliance industry
Computer acoustical product
Electronic toys
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.
Hitachi Metals
TDK
Magnequench
FDK
Vacuumschmelze
Arnold
Philips
Cosmo Ferrites
Nicrra
Nec/Tokin
Tengam Engineering
DMEGC
JPMF Guangdong
Aerospace Magnet & Magneto
Sinomag Technology
Bgrimm Magnetic
Jinchuan Electronics
Tianyuan Technology
Kaiven Group
Golden South Magnetic

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 Permanent 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 Permanent Magnets market by identifying its various subsegments.
Focuses on the key global Permanent 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 Permanent 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 Permanent 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.