Global Permanent Magnet industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A permanent magnet generates its magnetic field through the internal structure of the material, and it retains its magnetism, even after being separated from an external magnetic field.
- The global permanent magnet market is expected to generate total revenues of $22,492.1 million in 2023, representing a compound annual growth rate (CAGR) of 3.7% between 2018 and 2023.
- Market consumption volume is forecast to increase with a CAGR of 2.5% between 2018 and 2023, to reach a total of 1,145,511.7 tons in 2023.
- The growth in the global permanent magnet market is influenced by several macroeconomic factors, such as rising GDP and growing business confidence. For instance, according to the Organisation for Economic Co-operation and Development (OECD), the business confidence index in China reached 99.4 in February 2023, up from 97.01 in November 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the permanent magnet market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global permanent magnet market
- Leading company profiles reveal details of key permanent magnet market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global permanent magnet market with five year forecasts
Reasons to Buy
- What was the size of the Global permanent magnet market by value in 2023?
- What will be the size of the Global permanent magnet market in 2028?
- What factors are affecting the strength of competition in the Global permanent magnet market?
- How has the market performed over the last five years?
- How large is the global’s permanent magnet market in relation to its regional counterparts?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Grinm Advanced Materials Co Ltd
- TDK Corporation
- Shin-Etsu Chemical Co., Ltd.
