+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)


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

  • ID: 4534995
  • Report
  • April 2017
  • Region: Global
  • 124 pages
  • IMARC Group
1 of 2
Permanent magnets are the basis of an ever-increasing number of devices of modern life. They are found in or used in making almost every modern convenience today, from air-conditioners and washing machines to speakers in mobile phones and electric motors in hybrid cars. There are currently four main types of permanent magnets - NdFeB, SmCo, AlNiCo, and Ferrite. NdFeB and SmCo are rare earth magnets that find applications in motors, telephones, automobiles, credit cards, monitors, audio systems, imaging systems, etc. Ferrite and AlNiCo magnets are brittle, non-corrosive and cheaper than rare earth magnets. These are mostly used in household products, speakers, MRI machines, DC motors, magnetic holders and lifters, magnetic assemblies and tools, etc. As ferrite magnets require cheaper raw materials and have low manufacturing costs, they are currently dominating the global permanent magnets industry.

The global magnet market currently represents a multi-billion-dollar industry. Well-diversified and growing industrial applications coupled by the fact that they have limited alternatives are driving the current demand of NdFeB magnets. SmCo magnets, on the other hand, are gaining acceptance due to an increasing spending on defence and aerospace products. Governments across various countries are also promoting green technologies in order to decrease the carbon emissions which in turn is also expected to boost the global demand of rare earth magnets in the coming years. We expect, the overall demand of permanent magnets to grow at a CAGR of around 6% during the forecast period.

This new report “Global Magnet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, provides an analytical, statistical and technical insight into the global permanent magnet market. The study, which is based both on desk research and multiple waves of qualitative primary research, is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the magnet industry in any manner.

Key Questions Answered in This Report:
  • What are the historical, current and future trends in the global permanent magnet market?
  • Which are the key permanent magnet types?
  • How have the various types of permanent magnets performed in the market?
  • What are the historical, current and future trends in the Ferrite magnet market?
  • What are the historical, current and future trends in the Neodymium Iron Boron (NdFeB) magnet market?
  • What are the historical, current and future trends in the Aluminium Nickel Cobalt (AlNiCo) market?
  • What are the historical, current and future trends in the Samarium Cobalt (SmCo) market?
  • Which countries represent the biggest markets for permanent magnets and how have they performed?
  • What are the historical, current and future trends in the Chinese magnet market?
  • What are the historical, current and future trends in the US magnet market?
  • What are the historical, current and future trends in the European magnet market?
  • What are the historical, current and future trends in the Japanese magnet market?
  • What are the major applications of permanent magnets and what are their market shares?
  • How are permanent magnets manufactured?
  • What are the raw material and machinery requirements for manufacturing permanent magnets?
Note: Product cover images may vary from those shown
2 of 2
1 Preface

2. Research Methodology

3. Executive Summary

4. Introduction

5. Global Permanent Magnet Market
5.1Market Overview
5.2Volume Trends
5.3Value Trends
5.4Market Breakup by Type
5.5Market Forecast
5.6Value Chain Analysis
5.7Pricing Mechanism and Profit Margins at Various Levels of the Supply Chain
5.8SWOT Analysis
5.9Porter’s Five Forces Analysis
5.9.2Bargaining Power of Buyers
5.9.3Bargaining Power of Suppliers
5.9.4Degree of Competition
5.9.5Threat of New Entrants
5.9.6Threat of Substitutes
5.10Key Success and Risk Factors for Manufacturers

6. Global Permanent Magnet Market by Magnet Type
6.1.1Volume Trends
6.1.2Value Trends
6.1.3Market by Region
6.1.4Major Applications
6.1.5Market Forecast
6.2Neodymium Iron Boron (NdFeB)
6.2.1Volume Trends
6.2.2Value Trends
6.2.3Market by Region
6.2.4Major Applications
6.2.5Market Forecast
6.3Aluminium Nickel Cobalt (AlNiCo)
6.3.1Volume Trends
6.3.2Value Trends
6.3.3Market by Region
6.3.4Major Applications
6.3.5Market Forecast
6.4Samarium Cobalt (SmCo)
6.4.1Volume Trends
6.4.2Value Trends
6.4.3Market by Region
6.4.4Major Applications
6.4.5Market Forecast

7. Global Permanent Magnet Market by Region
7.1.1Current and Historical Market Trends
7.1.2Market Forecast
7.2.1Current and Historical Market Trends
7.2.2Market Forecast
7.3.1Current and Historical Market Trends
7.3.2Market Forecast
7.4.1Current and Historical Market Trends
7.4.2Market Forecast
7.5Other Regions
7.5.1Current and Historical Market Trends
7.5.2Market Forecast

8. Global Permanent Magnet Market by Application
8.1Computer Hard Disk Drives (HDD), CD, DVD
8.2Hybrid Electric Vehicles
8.3Electric Bicycles
8.4Heating, Ventilating and Air Conditioners (HVAC)
8.5Wind Turbines
8.6Other Applications
8.6.1Transducers and Loudspeakers
8.6.2Magnetic Separation Equipment and Sorters
8.6.3Magnetic Resonance Imaging (MRI)
8.6.4Magnetic Braking Systems
8.6.5Magnetically Levitated Transportation Systems
8.6.6Medicine and Health
8.6.7Credit Cards and other ID Cards
8.6.8Travelling Waves Tubes (TWT)
8.6.9Advertising and Promotional Products
8.6.10Magnetic Refrigeration system
8.6.12Military and Aerospace
8.6.13Energy Storage Systems

9. Key Players in the Global Magnet Market

10. Requirements for Setting-up a Permanent Magnet Manufacturing Plant
10.1.1Manufacturing Process
10.1.2Raw Material Requirements
10.1.3Land and Construction Requirements
10.1.4Machinery and Infrastructure
10.1.5Machinery Pictures
10.1.6Plant Layout
10.1.7Packaging Requirements
10.1.8Utility Requirements
10.1.9Manpower Requirements
10.2Neodymium Iron Boron (NdFeB)
10.2.1Manufacturing Process
10.2.2Raw Material Requirements
10.2.3Land and Construction Requirements
10.2.4Machinery and Infrastructure
10.2.5Machinery Pictures
10.2.6Plant Layout
10.2.7Packaging Requirements
10.2.8Utility Requirements
10.2.9Manpower Requirements
10.3Samarium Cobalt (SmCo)
10.3.1Manufacturing Process
10.3.2Raw Material Requirements
10.3.3Land and Construction Requirements
10.3.4Machinery and Infrastructure
10.3.5Machinery Pictures
10.3.6Plant Layout
10.3.7Packaging Requirements
10.3.8Utility Requirements
10.3.9Manpower Requirements

11. Drivers of the Global Permanent Magnets Industry

12. Challenges Faced By the Magnet Industry

13. Import and Export Data of Permanent Magnets
Note: Product cover images may vary from those shown
3 of 2