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Permanent Magnets Market by Material, by End-users, by Sales Channel, and by Application, and Segment Forecasts, 2017-2026

  • ID: 5229346
  • Report
  • April 2020
  • Region: Global
  • 272 pages
  • Reports and Data

FEATURED COMPANIES

  • Daido Steel Co. Ltd.
  • Eclipse Magnetics Ltd.
  • Goudsmit Magnetics Group
  • Hitachi Metals Ltd.
  • Molycorp Magnequench
  • TDK Corporation
The rising use of renewable energy, the massive production of EVs, and the increasing use in battery production are anticipated to drive industry growth.

Market Size - USD 20.54 Billion in 2019, Market Growth - CAGR of 8.6%, Market Trends - Rising incorporation of permanent magnets in batteries and electronics

The Global Permanent Magnets Market is anticipated to garner a market value of USD 40.18 billion in 2027, registering a CAGR of 8.6%. The market growth is majorly driven by the extensive application of permanent magnets in numerous industry verticals. Advancement in the renewable energy sector is also adding traction to market growth. This can be due to the increased usage of permanent magnets in photovoltaic and wind turbines. Moreover, the augmenting production of EVs is further anticipated to expand the permanent magnets market’s scope. The use of permanent magnets in EV components such as auto-clutch, switches, electric power steering, and sensors is anticipated to augment the industry’s growth and scope throughout the projected timeline.

The progress and development of the electronics industry and lifestyle upgrades are the major factors impelling the market’s growth. Rising demand for consumer electronics is driving the requirement for permanent magnetics, thereby boosting the development of the industry. However, the volatility in the prices for raw materials and risks associated with the mining of metals is anticipated to restrain the industry growth over the coming years.

The Asia Pacific is reckoned to hold a major share of the market through the estimated years, with China being the leader of the market growth. This can be attributed to China’s massive reserve and its position of being a cost-efficient developer of permanent magnets. Moreover, enhancement of lifestyle and fast-paced industrialization in the APAC region is speculated to fuel the growth of the sector in the following years.

Key Findings from the Report Suggest:
  • The automotive segment is anticipated to lead the market growth and is projected to register a CAGR of 8.3% throughout the following years. The expansion and progress of the automotive industry worldwide are predicted to bolster the industry’s growth during the period. The rising use of permanent magnets for sensors and auto-clutch, among others, in vehicles, is anticipated to create an added demand for the product through the projected timeframe.
  • The Consumer Electronics segment is forecast to attain a market share of 18% by the end of the forecast duration. The significant growth can be attributed to the augmented use of permanent magnets in DVD, HDD, and CDs.
  • Based on end-users, the aerospace and defense segment is predicted to assume a massive industry share in the estimated timeframe. The increasing demand can be accredited to the increased application of permanent magnets to manufacture guided missile systems and atomic batteries for spacecraft.
  • The environment and energy segment is also anticipated to exhibit lucrative growth over the projected timeline due to the change in the renewable sector and countries’ efforts to attain their preset targets of renewable energy.
  • The Neodymium Iron Boron Magnets segment is predicted to control the largest share of the industry during the forecast timeframe due to the increasing use of the material to produce sensors and gauges of expensive automobiles. The material is also the first choice in battery components, engine components, mobile car components, and HDD in consumer electronics.
  • Ferrite magnets are projected to exhibit a rapid expansion, registering a CAGR of 7.9% throughout the forecast years, owing to the surging demand for luxury cars, mainly in Europe, thereby boosting the growth of the ferrite magnets.
  • Asia Pacific is anticipated to be the critical revenue-generating region in the global business sphere and is anticipated to account for nearly 31% of the industry’s share throughout the estimated timeframe. This can be attributed to China’s dominant position in manufacturing and consumption of permanent magnets.
  • Key players of the industry are Hitachi Metals Ltd., Anhui Earth-Panda Advance Magnetic Material Co. Ltd., Daido Steel Co. Ltd., Thomas & Skinner Inc., TDK Corporation, Adams Magnetic Products Co., Eclipse Magnetics Ltd., Electron Energy Corporation, Hangzhou Permanent Magnet Group, Arnold Magnetic Technologies, Molycorp Magnequench, and Goudsmit Magnetics Group, among others.
For the analysis, the Global Permanent Magnets Market has been segmented based on material, end-user, sales channel, application, and region:

Material Outlook Revenue: USD Billion; 2017-2027
  • Alnico Magnets
  • Samarium Cobalt Magnets
  • Neodymium Iron Boron Magnets
  • Ferrite Magnets
  • Others
End-User Outlook Revenue: USD Billion; 2017-2027
  • Aerospace & Defense
  • Automotive
  • Consumer Electronics
  • Medical Technology
  • Environment & Energy
  • General Industrial
  • Others
Sales Channel Outlook Revenue: USD Billion; 2017-2027
  • Distributor
  • Direct Sales
Application Outlook Revenue: USD Billion; 2017-2027
  • Energy Storage System
  • Electric Bicycle
  • Hybrid & Electric vehicles
  • Industrial Motors
  • Magnetic Levitation Transport
  • Magnetic Refrigeration
  • Wind Turbines
  • Others
Regional Outlook Revenue: USD Billion; 2017-2027
  • North America
  • U.S.
  • Europe
  • U.K.
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Middle East & Africa
Reasons to Buy the Report
  • A robust analysis and estimation of the Narrowband Permanent Magnets Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in Permanent Magnets market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Daido Steel Co. Ltd.
  • Eclipse Magnetics Ltd.
  • Goudsmit Magnetics Group
  • Hitachi Metals Ltd.
  • Molycorp Magnequench
  • TDK Corporation
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Permanent Magnets Segmentation & Impact Analysis
4.1. Permanent Magnets Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Expansion of automotive sector in APAC
4.2.2.2. Urbanization and Modernization
4.2.2.2.1. Increase in mergers and partnerships
4.2.2.2.2. Advancement in technology
4.2.3. Market restraints analysis
4.2.3.1. Fluctuations in raw material prices
4.2.3.2. Huge investment in R&D
4.2.3.3. Lack of quality control in emerging nations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis

Chapter 5. Permanent Magnets Market By Material Insights & Trends
5.1. Material Dynamics & Market Share, 2019 & 2026
5.2. Neodymium Iron Boron Magnets
5.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.2.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
5.3. Ferrite Magnets
5.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.3.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
5.4. Samarium Cobalt Magnets
5.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.4.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
5.5. Alnico Magnets
5.5.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.5.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
5.6. Other Magnets
5.6.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.6.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)

Chapter 6. Permanent Magnets Market By End Users Insights & Trends
6.1. End Users Dynamics & Market Share, 2019 & 2026
6.2. Consumer Electronics
6.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.2.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
6.3. Automotive
6.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.3.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
6.4. Environment & Energy
6.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.4.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
6.5. General Industrial
6.5.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.5.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
6.6. Medical Technology
6.6.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.6.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
6.7. Aerospace & Defense
6.7.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.7.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
6.8. Others
6.8.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.8.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)

Chapter 7. Permanent Magnets Market By Applications Insights & Trends
7.1. Applications Dynamics & Market Share, 2019 & 2026
7.2. Hybrid & Electric Vehicles
7.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.2.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
7.3. Wind Turbines
7.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.3.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
7.4. Electric Bicycles
7.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.4.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
7.5. Industrial Motors
7.5.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.5.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
7.6. Energy Storage System
7.6.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.6.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
7.7. Magnetic Refrigeration
7.7.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.7.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
7.8. Magnetic Levitation Transport
7.8.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.8.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
7.9. Other Applications
7.9.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.9.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)

Chapter 8. Permanent Magnets Market By Sales Channel Insights & Trends
8.1. Sales Channel Dynamics & Market Share, 2019 & 2026
8.2. Direct Sales
8.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
8.2.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)
8.3. Distributor
8.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
8.3.2. Market estimates and forecast, by Region, 2016 - 2026 (USD Million)

Chapter 9. Permanent Magnets Market Regional Outlook
9.1. Permanent Magnets Market share by region, 2018 & 2026
9.2. North America
9.2.1. North America Permanent Magnets Market estimates and forecast, 2016 - 2026, (USD Million)
9.2.2. North America Permanent Magnets Market estimates and forecast By Material, 2016 -2026, (USD Million)
9.2.3. North America Permanent Magnets Market estimates and forecast by End Users, 2016 -2026, (USD Million)
9.2.4. North America Permanent Magnets Market estimates and forecast By Sales Channel, 2016 -2026, (USD Million)
9.2.5. North America Permanent Magnets Market estimates and forecast By Application, 2016 -2026, (USD Million)
9.2.6. U.S.
9.2.6.1. U.S. Permanent Magnets Market estimates and forecast, 2016 - 2026, (USD Million)
9.2.6.2. U.S. Permanent Magnets Market estimates and forecast By Material, 2016 -2026, (USD Million)
9.2.6.3. U.S. Permanent Magnets Market estimates and forecast by End Users, 2016 -2026, (USD Million)
9.2.6.4. U.S. Permanent Magnets Market estimates and forecast By Sales Channel, 2016 -2026, (USD Million)
9.2.6.5. U.S. Permanent Magnets Market estimates and forecast By Application, 2016 -2026, (USD Million)
9.3. Europe
9.3.1. Europe Permanent Magnets Market estimates and forecast, 2016 - 2026, (USD Million)
9.3.2. Europe Permanent Magnets Market estimates and forecast By Material, 2016 -2026, (USD Million)
9.3.3. Europe Permanent Magnets Market estimates and forecast by End Users, 2016 -2026, (USD Million)
9.3.4. Europe Permanent Magnets Market estimates and forecast By Sales Channel, 2016 -2026, (USD Million)
9.3.5. Europe Permanent Magnets Market estimates and forecast By Application, 2016 -2026, (USD Million)
9.3.6. U.K.
9.3.6.1. U.K. Permanent Magnets Market estimates and forecast, 2016 - 2026, (USD Million)
9.3.6.2. U.K. Permanent Magnets Market estimates and forecast By Material, 2016 -2026, (USD Million)
9.3.6.3. U.K. Permanent Magnets Market estimates and forecast by End Users, 2016 -2026, (USD Million)
9.3.6.4. U.K. Permanent Magnets Market estimates and forecast By Sales Channel, 2016 -2026, (USD Million)
9.3.6.5. U.K. Permanent Magnets Market estimates and forecast By Application, 2016 -2026, (USD Million)
9.3.7. France
9.3.7.1. France Permanent Magnets Market estimates and forecast, 2016 - 2026, (USD Million)
9.3.7.2. France Permanent Magnets Market estimates and forecast By Material, 2016 -2026, (USD Million)
9.3.7.3. France Permanent Magnets Market estimates and forecast by End Users, 2016 -2026, (USD Million)
9.3.7.4. France Permanent Magnets Market estimates and forecast By Sales Channel, 2016 -2026, (USD Million)
9.3.7.5. France Permanent Magnets Market estimates and forecast By Application, 2016 -2026, (USD Million)
9.4. Asia-Pacific
9.4.1. Asia Pacific Permanent Magnets Market estimates and forecast, 2016 - 2026, (USD Million)
9.4.2. Asia Pacific Permanent Magnets Market estimates and forecast By Material, 2016 -2026, (USD Million)
9.4.3. Asia Pacific Permanent Magnets Market estimates and forecast by End Users, 2016 -2026, (USD Million)
9.4.4. Asia Pacific Permanent Magnets Market estimates and forecast By Sales Channel, 2016 -2026, (USD Million)
9.4.5. Asia Pacific Permanent Magnets Market estimates and forecast By Application, 2016 -2026, (USD Million)
9.4.6. China
9.4.6.1. China Permanent Magnets Market estimates and forecast, 2016 - 2026, (USD Million)
9.4.6.2. China Permanent Magnets Market estimates and forecast By Material, 2016 -2026, (USD Million)
9.4.6.3. China Permanent Magnets Market estimates and forecast by End Users, 2016 -2026, (USD Million)
9.4.6.4. China Permanent Magnets Market estimates and forecast By Sales Channel, 2016 -2026, (USD Million)
9.4.6.5. China Permanent Magnets Market estimates and forecast By Application, 2016 -2026, (USD Million)
9.4.7. India
9.4.7.1. India Permanent Magnets Market estimates and forecast, 2016 - 2026, (USD Million)
9.4.7.2. India Permanent Magnets Market estimates and forecast By Material, 2016 -2026, (USD Million)
9.4.7.3. India Permanent Magnets Market estimates and forecast by End Users, 2016 -2026, (USD Million)
9.4.7.4. India Permanent Magnets Market estimates and forecast By Sales Channel, 2016 -2026, (USD Million)
9.4.7.5. India Permanent Magnets Market estimates and forecast By Application, 2016 -2026, (USD Million)
9.4.8. Japan
9.4.8.1. Japan Permanent Magnets Market estimates and forecast, 2016 - 2026, (USD Million)
9.4.8.2. Japan Permanent Magnets Market estimates and forecast By Material, 2016 -2026, (USD Million)
9.4.8.3. Japan Permanent Magnets Market estimates and forecast by End Users, 2016 -2026, (USD Million)
9.4.8.4. Japan Permanent Magnets Market estimates and forecast By Sales Channel, 2016 -2026, (USD Million)
9.4.8.5. Japan Permanent Magnets Market estimates and forecast By Application, 2016 -2026, (USD Million)
9.5. Middle East and Africa
9.5.1. Middle East and Africa Permanent Magnets Market estimates and forecast, 2016 - 2026, (USD Million)
9.5.2. Middle East and Africa Permanent Magnets Market estimates and forecast By Material, 2016 -2026, (USD Million)
9.5.3. Middle East and Africa Permanent Magnets Market estimates and forecast by End Users, 2016 -2026, (USD Million)
9.5.4. Middle East and Africa Permanent Magnets Market estimates and forecast By Sales Channel, 2016 -2026, (USD Million)
9.5.5. Middle East and Africa Permanent Magnets Market estimates and forecast By Application, 2016 -2026, (USD Million)
9.6. Latin America
9.6.1. Latin America Permanent Magnets Market estimates and forecast, 2016 - 2026, (USD Million)
9.6.2. Latin America Permanent Magnets Market estimates and forecast By Material, 2016 -2026, (USD Million)
9.6.3. Latin America Permanent Magnets Market estimates and forecast by End Users, 2016 -2026, (USD Million)
9.6.4. Latin America Permanent Magnets Market estimates and forecast By Sales Channel, 2016 -2026, (USD Million)
9.6.5. Latin America Permanent Magnets Market estimates and forecast By Application, 2016 -2026, (USD Million)
9.6.6. Brazil
9.6.6.1. Brazil Permanent Magnets Market estimates and forecast, 2016 - 2026, (USD Million)
9.6.6.2. Brazil Permanent Magnets Market estimates and forecast By Material, 2016 -2026, (USD Million)
9.6.6.3. Brazil Permanent Magnets Market estimates and forecast by End Users, 2016 -2026, (USD Million)
9.6.6.4. Brazil Permanent Magnets Market estimates and forecast By Sales Channel, 2016 -2026, (USD Million)
9.6.6.5. Brazil Permanent Magnets Market estimates and forecast By Application, 2016 -2026, (USD Million)

Chapter 10. Competitive Landscape
10.1. Market Revenue Share by Manufacturers
10.2. Mergers & Acquisitions
10.3. Market positioning
10.4. Strategy Benchmarking

Chapter 11. Company Profiles
11.1. Adams Magnetic Products Co.
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Technology Insights
11.1.4. Strategic Initiatives
11.2. Anhui Earth-Panda Advance Magnetic Material Co. Ltd
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Technology Insights
11.2.4. Strategic Initiatives
11.3. Arnold Magnetic Technologies
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Technology Insights
11.3.4. Strategic Initiatives
11.4. Daido Steel Co. Ltd.
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Technology Insights
11.4.4. Strategic Initiatives
11.5. Eclipse Magnetics Ltd.
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Technology Insights
11.5.4. Strategic Initiatives
11.6. Electron Energy Corporation
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Technology Insights
11.6.4. Strategic Initiatives
11.7. Goudsmit Magnetics Group
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Technology Insights
11.7.4. Strategic Initiatives
11.8. Hangzhou Permanent Magnet Group
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Technology Insights
11.8.4. Strategic Initiatives
11.9. Hitachi Metals Ltd.
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Technology Insights
11.9.4. Strategic Initiatives
11.10. Molycorp Magnequench
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Technology Insights
11.10.4. Strategic Initiatives
11.11. TDK Corporation
11.11.1. Company Overview
11.11.2. Financial Performance
11.11.3. Technology Insights
11.11.4. Strategic Initiatives
11.12. Thomas & Skinner Inc.
11.12.1. Company Overview
11.12.2. Financial Performance
11.12.3. Technology Insights
11.12.4. Strategic Initiatives
Note: Product cover images may vary from those shown
  • Adams Magnetic Products Co.
  • Anhui Earth-Panda Advance Magnetic Material Co. Ltd.
  • Arnold Magnetic Technologies
  • Daido Steel Co. Ltd.
  • Eclipse Magnetics Ltd.
  • Electron Energy Corporation
  • Goudsmit Magnetics Group
  • Hangzhou Permanent Magnet Group
  • Hitachi Metals Ltd.
  • Molycorp Magnequench
  • TDK Corporation
  • Thomas & Skinner Inc.
Note: Product cover images may vary from those shown
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