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Permanent Magnet Global Market Report 2022, By Sales Channel Type, By End-Use

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    Report

  • 250 Pages
  • March 2022
  • Region: Global
  • The Business Research Company
  • ID: 5566546

FEATURED COMPANIES

  • Bunting Magnetics Co.
  • Daido Steel Co., Ltd.
  • Eclipse Magnetics
  • Goudsmit Magnetics
  • Ningbo Yunsheng Co. Ltd.
  • Tengam Engineering Inc.
Permanent Magnet Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global permanent magnet market.



This report focuses on permanent magnet market which is experiencing strong growth. The report gives a guide to the permanent magnet market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates
  • Create regional and country strategies on the basis of local data and analysis
  • Identify growth segments for investment
  • Outperform competitors using forecast data and the drivers and trends shaping the market
  • Understand customers based on the latest market research findings
  • Benchmark performance against key competitors
  • Utilize the relationships between key data sets for superior strategizing
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:


Where is the largest and fastest growing market for the permanent magnet? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Permanent Magnet market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider permanent magnet market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth
  • Market segmentations break down market into sub markets
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth
  • It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers
  • The permanent magnet market section of the report gives context. It compares the permanent magnet market with other segments of the permanent magnet market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, permanent magnet indicators comparison

Scope


Markets Covered:

1) By Type: Ferrite Magnets; Samarium Cobalt Magnets; Alnico Magnets; Neodymium Iron Boron Magnets
2) By Sales Channel Type: Direct Sales; Distributors
3) By End-Use: General Industrial; Automotive; Medical Technology; Environment & Energy; Aerospace & Defense; Consumer Electronics

Companies Mentioned: Arnold Magnetic Technologies; Electron Energy Corporation; Daido Steel Co. Ltd.; Chengdu Galaxy Magnets Co. Ltd.; Shin-Etsu Chemical Co Ltd

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Frequently Asked Questions about the Global Permanent Magnet Market

What is the estimated value of the Global Permanent Magnet Market?

The Global Permanent Magnet Market was estimated to be valued at $29.6 billion in 2022.

What is the growth rate of the Global Permanent Magnet Market?

The growth rate of the Global Permanent Magnet Market is 12.0%, with an estimated value of $46.7 billion by 2026.

What is the forecasted size of the Global Permanent Magnet Market?

The Global Permanent Magnet Market is estimated to be worth $46.7 billion by 2026.

Who are the key companies in the Global Permanent Magnet Market?

Key companies in the Global Permanent Magnet Market include Arnold Magnetic Technologies, Electron Energy Corporation, Daido Steel Co., Ltd., Chengdu Galaxy Magnets Co. Ltd., Shin, Etsu Chemical Co. Ltd., Goudsmit Magnetics, Adams Magnetic Products Co. Ltd. and Tengam Engineering Inc..

FEATURED COMPANIES

  • Bunting Magnetics Co.
  • Daido Steel Co., Ltd.
  • Eclipse Magnetics
  • Goudsmit Magnetics
  • Ningbo Yunsheng Co. Ltd.
  • Tengam Engineering Inc.

1. Executive Summary2. Permanent Magnet Market Characteristics3. Permanent Magnet Market Trends And Strategies4. Impact Of COVID-19 On Permanent Magnet
5. Permanent Magnet Market Size And Growth
5.1. Global Permanent Magnet Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Permanent Magnet Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Permanent Magnet Market Segmentation
6.1. Global Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Ferrite Magnets
  • Samarium Cobalt Magnets
  • Alnico Magnets
  • Neodymium Iron Boron Magnets
6.2. Global Permanent Magnet Market, Segmentation By Sales Channel Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Direct Sales
  • Distributors
6.3. Global Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • General Industrial
  • Automotive
  • Medical Technology
  • Environment & Energy
  • Aerospace & Defense
  • Consumer Electronics

7. Permanent Magnet Market Regional And Country Analysis
7.1. Global Permanent Magnet Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Permanent Magnet Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Permanent Magnet Market
8.1. Asia-Pacific Permanent Magnet Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Permanent Magnet Market
9.1. China Permanent Magnet Market Overview
9.2. China Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Permanent Magnet Market
10.1. India Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Permanent Magnet Market
11.1. Japan Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Permanent Magnet Market
12.1. Australia Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Permanent Magnet Market
13.1. Indonesia Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Permanent Magnet Market
14.1. South Korea Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Permanent Magnet Market
15.1. Western Europe Permanent Magnet Market Overview
15.2. Western Europe Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Permanent Magnet Market
16.1. UK Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Permanent Magnet Market
17.1. Germany Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Permanent Magnet
  • Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Permanent Magnet Market
18.4. France Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.5. France Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Permanent Magnet Market
19.1. Eastern Europe Permanent Magnet Market Overview
19.2. Eastern Europe Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Permanent Magnet Market
20.1. Russia Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Permanent Magnet Market
21.1. North America Permanent Magnet Market Overview
21.2. North America Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Permanent Magnet Market
22.1. USA Permanent Magnet Market Overview
22.2. USA Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Permanent Magnet Market
23.1. South America Permanent Magnet Market Overview
23.2. South America Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Permanent Magnet Market
24.1. Brazil Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Permanent Magnet Market
25.1. Middle East Permanent Magnet Market Overview
25.2. Middle East Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Permanent Magnet Market
26.1. Africa Permanent Magnet Market Overview
26.2. Africa Permanent Magnet Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Permanent Magnet Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Permanent Magnet Market Competitive Landscape And Company Profiles
27.1. Permanent Magnet Market Competitive Landscape
27.2. Permanent Magnet Market Company Profiles
27.2.1. Arnold Magnetic Technologies
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Electron Energy Corporation
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Daido Steel Co. Ltd.
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Chengdu Galaxy Magnets Co. Ltd.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Shin-Etsu Chemical Co. Ltd.
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Permanent Magnet Market29. Permanent Magnet Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright And Disclaimer

FEATURED COMPANIES

  • Bunting Magnetics Co.
  • Daido Steel Co., Ltd.
  • Eclipse Magnetics
  • Goudsmit Magnetics
  • Ningbo Yunsheng Co. Ltd.
  • Tengam Engineering Inc.
Major players in the permanent magnet market are Arnold Magnetic Technologies, Electron Energy Corporation, Daido Steel Co., Ltd., Chengdu Galaxy Magnets Co. Ltd., Shin-Etsu Chemical Co. Ltd., Goudsmit Magnetics, Adams Magnetic Products Co. Ltd., Bunting Magnetics Co., Tengam Engineering Inc., Yantai Shougang Magnetic Materials Inc., Ningbo Yunsheng Co. Ltd., Eclipse Magnetics, Hangzhou Permanent Magnet Group, Anhui Earth-Panda Advance Magnetic Material Co. Ltd, and Magnequench International LLC.

The global permanent magnet market is expected to grow from $26.59 billion in 2021 to $29.61 billion in 2022 at a compound annual growth rate (CAGR) of 11.37%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $46.65 billion in 2026 at a CAGR of 12.03%.

The permanent magnet market consists of sales of permanent magnets by entities (organizations, sole traders, and partnerships) that include rare earth elements, nickel and cobalt. Permanent magnets preserve its magnetic characteristics in the absence of a magnetizing force, such as a current or an inducing field. It is used in speakers, microphones, credit and debit cards, magnetic resonance imaging in hospitals and in electric vehicles.

The main types of permanent magnet are ferrite magnets, samarium cobalt magnets, alnico magnets and neodymium iron boron magnets. The ferrite magnet is a chemical combination made up of ceramic materials and iron oxide. They are commonly used in transformers, electronic inductors, and electromagnets due to their wide availability and affordability. The various sales channel used in the permanent magnet are direct sales and distributors. Permanent magnets are used by end-users such as general industrial, automotive, medical technology, environment & energy, aerospace & defense and consumer electronics.

Asia Pacific was the largest region in the permanent magnet market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing demand from the automobile applications is expected to propel the growth of the permanent magnet market. Permanent-magnet motors are most commonly used in variable-speed drives, in which the stator is powered by a variable-frequency, variable-voltage, electronically controlled source. For instance, in December 2021, in India, the total number of electric vehicles sales were reported to be 50,866 units resulting in a 240% jump from the previous year. Moreover, in 2021, in Norway, recorded a sale of 176,276 cars with 65% electric cars resulting in 54% rise when compared to 2020. Therefore, the increasing demand from automobile applications is driving the growth of the permanent magnet market.

The technological transitions is a key trend gaining popularity in the permanent magnet market. Technological transition is a method of movement of data, designs, inventions, materials, software, technical expertise, or trade secrets from one organization to another or from one purpose to another. For instance, in December 2021, Max Stand, an Italy-based company that specializes in the design and creation of exhibition stands, launched a third party charger for Apple Airpods Max. The magnets double as a charger and a connection between the batteries. Although the AirPods Max have a lightning port on the bottom, the Max Stand substitutes it with a MagSafe-style charging solution that uses a tiny magnetic charging connector that fits inside the Lightning port of the AirPods Max. When the headphones are properly positioned, they magnetically dock within the Max Stand and begin charging as soon as the magnets align.

In October 2021, Bunting, a Chicago-based company of magnets manufacturers acquired MagDev Ltd for an undisclosed amount. Through this acquisition, Bunting will be able to provide a wider selection of magnetic solutions and technological skills as a result of the purchase. The MagDev facility in Swindon, UK, features substantial testing and in-house machining capabilities, as well as 1,100 square metres (12,000 square feet) of warehousing space. MagDev is a UK-based company prominent in industrial magnet, specialised in permanent magnets, magnetic assemblies, and soft magnetic solutions in a variety of forms, sizes, and grades, with magnetic qualities suited to specific needs.

The countries covered in the Permanent Magnet market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

A selection of companies mentioned in this report includes:

  • Arnold Magnetic Technologies
  • Electron Energy Corporation
  • Daido Steel Co., Ltd.
  • Chengdu Galaxy Magnets Co. Ltd.
  • Shin-Etsu Chemical Co. Ltd.
  • Goudsmit Magnetics
  • Adams Magnetic Products Co. Ltd.
  • Bunting Magnetics Co.
  • Tengam Engineering Inc.
  • Yantai Shougang Magnetic Materials Inc.
  • Ningbo Yunsheng Co. Ltd.
  • Eclipse Magnetics
  • Hangzhou Permanent Magnet Group
  • Anhui Earth-Panda Advance Magnetic Material Co. Ltd.
  • Magnequench International LLC.

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