This report was recently updated on April 11 2024 with the latest and most recent
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Global Permanent Magnets Market, Trends & Analysis - Forecasts To 2026 By Material (Neodymium Iron Boron (NdFeB), Aluminum Nickel Cobalt (Alnico), Samarium Cobalt (SmCo), Ferrite), By Application (Aerospace & Defense, Consumer goods & electronics, Automotive, Medical, Industrial, Energy, Others), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis
Permanent magnets Market: Insights
The global permanent magnets market is estimated to witness a significant CAGR during the forecast period (2019-2026). The growth of the permanent magnets market is anticipated to increase due to increase in demand for smart electronic devices, rising number for smart phones and increasing demand for permanent magnets, among others during the forecast period.
Permanent magnets Market: By Material
On the basis of material, the global permanent magnets market is segmented into aluminum nickel cobalt (Alnico), neodymium iron boron (NdFeB), ferrite and samarium cobalt (SmCo). The report contains quantitative insights about the following:
Permanent magnets Market: By Application
On the basis of application, the global permanent magnets market is segmented into aerospace & defense, consumer goods & electronics, automotive, medical, energy, and industrial, among others. The report contains quantitative insights about the following:
Permanent magnets Market: By Region
On the basis of region, the global permanent magnets market is segmented into North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. The countries covered include: U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, China, India, Japan, South Korea, Australia, Brazil, Saudi Arabia, UAE, and South Africa among others. The report provides qualitative & quantitative insights both at a regional as well as country level.
Permanent magnets Market: End Use Landscape
The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase Permanent magnets. The key end-users of the markets are Boeing, Airbus, and BMW among others.
Permanent magnets Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Permanent magnets Market: Share & Competitor Analysis
Some of the key players operating in the Permanent magnets market are Adams Magnetic Products Co., 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., Magnequench International, LLC, Ningbo Yunsheng Co., Ltd., Ninggang Permanent Magnetic Materials Co., Ltd., Shin-Etsu Chemical Co., Ltd., TDK Corporation, Thomas & Skinner, Inc., Vacuumschmelze GMBH & Co. Kg, Ugimag Korea Co., Ltd., SsangYong Materials Corp., and Pacific Metals Co., Ltd. among others.
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The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Permanent magnets market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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