Global Magnet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 - PowerPoint PPT Presentation

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Global Magnet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

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Get more information about the market: The recently published report by IMARC Group, titled “Global Magnet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global permanent magnet market reached a value of US$ 17 Billion in 2017, registering a CAGR of 7% during 2010-2017. Permanent magnets can maintain a large magnetic flux in the absence of an applied magnetic field or upon modification of external environment. Want more information about this market? Request a free report sample: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: Follow us on twitter : @imarcglobal – PowerPoint PPT presentation

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Title: Global Magnet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023


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    Global Permanent Magnet Market Augmented by
Growing Demand from Automotive Industry

Copyright IMARC. All Rights Reserved
2
Report Description and Highlights
Report Description
Global Permanent Magnet Market Augmented by
Growing Demand from Automotive Industry The
global permanent magnet market has witnessed a
healthy growth over the past few years. The
increasing efforts by various countries towards
reducing carbon footprints along with rising
applications of permanent magnets in automobiles
have provided a positive thrust to the market
growth. The recently published report by IMARC
Group, titled Global Magnet Market Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2018-2023, finds that the global
permanent magnet market reached a value of US 17
Billion in 2017, registering a CAGR of 7 during
2010-2017.  As permanent magnets are widely used
in the automotive industry for electric braking,
throttle and gearbox actuation and auto-clutch,
the surge in the demand for automobiles is
propelling the growth of the market. Some of the
other factors fuelling the market growth are wide
usage of permanent magnets in medical devices,
rising infrastructural developments, and
advancements in information technology and
communication. However, unfavourable economic
conditions and fluctuations in the prices of the
raw materials can adversely impact the market
growth. Looking forward, the global permanent
magnet market is expected to reach a value of
nearly US 25 Billion by 2023, at a projected
CAGR of around 6 during 2018-2023.
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Report Description and Highlights
Report Description
  • Global Permanent Market Summary
  • On the basis of type, ferrite magnets are the
    most popular type of permanent magnets,
    accounting for the majority of the global share.
    This can be attributed to increased corrosion
    resistance offered by these magnets. Other major
    types of permanent magnet include Neodymium Iron
    Boron (NdFeB), Aluminium Nickel Cobalt (AlNiCo)
    and Samarium Cobalt (SmCo).
  • Based on application, the market has been
    segmented into computer hard disk drives (HDD),
    CD, DVD, hybrid electric vehicles, electric
    bicycles, heating, ventilating and air
    conditioners (HVAC), wind turbines and others.
  • On a geographical front, China dominates the
    market, representing the largest producer and
    consumer of permanent magnets. Other major
    regions include Japan, the United States and
    Europe.
  • The competitive landscape of the market has also
    been examined with some of the key players being
    Advanced Technology Materials Co. Ltd,
    VACUUMSCHMELZE GmbH Co. KG, Beijing Zhong Ke
    San Huan Hi-Tech Co. Ltd, Adams Magnetic Products
    Co., TDK Corporation, Arnold Magnetic
    Technologies, Shin-Etsu Chemical Co. Ltd. and
    Bakker Magnetics BV.
  • Read more here https//www.imarcgroup.com/magnet-
    market

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Report Description and Highlights
Report Description
Product Type Insights On the basis of type,
ferrite magnets are the most popular type of
permanent magnets, accounting for the majority of
the global share. This can be attributed to
increased corrosion resistance offered by these
magnets. Other major types of permanent magnet
include Neodymium Iron Boron (NdFeB), Aluminium
Nickel Cobalt (AlNiCo) and Samarium Cobalt
(SmCo). Regional Insights On a
geographical front, China dominates the market,
representing the largest producer and consumer of
permanent magnets. Other major regions include
Japan, the United States and Europe. Want more
information about this market? Request a free
report sample https//www.imarcgroup.com/request
?typereportid565flagB
5
Report Description and Highlights
  • Competitive Landscape
  • The competitive landscape of the market has also
    been examined with some of the key players are
  • VACUUMSCHMELZE GmbH Co. KG
  • Beijing Zhong Ke San Huan Hi-Tech Co. Ltd
  • Adams Magnetic Products Co.
  • Arnold Magnetic Technologies
  • Bakker Magnetics BV
  •  
  • Browse more related reports 
  • Neodymium-Iron-Boron Magnet Market
  • https//www.imarcgroup.com/neodymium-iron-boron-ma
    gnet-manufacturing-plant
  • Ferrite Magnet Market
  • https//www.imarcgroup.com/ferrite-magnet-powder-m
    anufacturing-plant

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Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
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