Press release
Permanent Lifting Magnets Market Size, Share, Development by 2024
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https://www.globalinforesearch.com/global-permanent-lifting-magnets-market_p108466.html
Permanent lifting magnets are composed of magnet materials and steel parts which build a path through which the magnetic flux goes from the magnet materials to ferromagnetic load to be lifted.
Scope of the Report:
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times and supply-lead-times.
At present, because of the substitutability and higher safety of electromagnetic lifting, and many companies remove the business of permanent magnet lifting, focusing on the development of electromagnetic lifting, the global market of permanent magnet lifting will continue to shrink.
Over the past two years, the Chinese government has vigorously advocated energy saving and emission reduction, and formulated a series of policies to solve the problem of excess capacity in the steel industry. Permanent magnet lifting will receive tremendous impact downstream. Because of this, India's iron and steel industry is in full swing, with rapid growth in output and exports, which will drive the growth of permanent magnet lifting.
The worldwide market for Permanent Lifting Magnets is expected to grow at a CAGR of roughly -3.2% over the next five years, will reach 400 million US$ in 2024, from 480 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Permanent Lifting Magnets in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Hishiko
Kanetec
Walker Magnetics
magnetoolinc
Sarda Magnets
Eriez Manufacturing
Armstrong Magnetics
Industrial Magnetics
Walmag Magnetics
Braillon Magnetics
ALFRA GmbH
Eclipse Magnetics
Earth-Chain Enterprise
Assfalg GmbH
Hunan Kemeida Electric
Shenyang Longi
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Below 500Kg
500-1000Kg
Above 1000Kg
Market Segment by Applications, can be divided into
Steel
Construction
Industrial
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-permanent-lifting-magnets-market_p108466.html
Related Information:
North America Permanent Lifting Magnets Market Growth 2019-2024
United States Permanent Lifting Magnets Market Growth 2019-2024
Asia-Pacific Permanent Lifting Magnets Market Growth 2019-2024
Europe Permanent Lifting Magnets Market Growth 2019-2024
EMEA Permanent Lifting Magnets Market Growth 2019-2024
Global Permanent Lifting Magnets Market Growth 2019-2024
China Permanent Lifting Magnets Market Growth 2019-2024
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