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Magnetism is a field of electrical engineering that deals with the study and application of magnetic fields. It is used in a variety of applications, such as motors, generators, transformers, and magnetic recording media. It is also used in medical imaging, such as MRI and NMR. Magnetism is also used in the production of electric power, as well as in the development of new materials and technologies.
The magnetism market is a rapidly growing sector of the electrical engineering industry. It is driven by the increasing demand for efficient and reliable power sources, as well as the development of new technologies and materials. The market is also driven by the need for improved medical imaging and the development of new magnetic recording media.
Some of the major companies in the magnetism market include Siemens, ABB, Toshiba, Hitachi, and Mitsubishi Electric. Other companies include General Electric, Honeywell, and Panasonic. Show Less Read more