China is the largest national market by a substantial margin, due in part to the huge size of its electronics industry.
Ferrite and neodymium are the two most important magnet types commercially.
Electronics is the largest market for magnets, followed by industrial and automotive applications.
Global Magnets market size will increase to xx Million US$ by 2026, from xx Million US$ in 2020, at a CAGR of 7.3% during the forecast period. In this study, 2021 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Magnets.
This report covers the present status and the future prospects of the global Magnets market for 2015-2026.
The report offers detailed coverage of Magnets industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Magnets by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Hitachi Metals(Japan), Daido Steel(Japan), TDK(Japan), Shin-etsu Chemical(Japan), Arnold Magnetic(U.S.), Lynas Corporation(Australia), Electron Energy(U.S.), Tengam Engineering(U.S.), Adams Magnetic(U.S.), Bunting Magnetics(U.S.)
Market Segment as follows:
Market by Order Type
Neodymium
Ferrite
Samarium Cobalt
Alnico
Magnets Breakdown Data by Application
Electronics
Industrial
Automotive
Magnets Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Magnets market for the forecast period 2021 - 2026?
• What are the driving forces in the Magnets market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Magnets industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.