Press release
Comprehensive Study on Permanent Magnets Market 2020 |Top Companies like- Hitachi Metals Ltd., Adams Magnetic Products Co., Arnold Magnetic Technologies, TDK Corporation
Permanent Magnets Market
Global permanent magnet market is poised to increase commendably over the coming years owing to increasing investment in automotive developments along with applications like electronics, aerospace, medical, energy generation, among others.
Request sample copy of this research report @ https://www.decresearch.com/request-sample/detail/1113
During the period of 2016-2024, the Permanent Magnets Market is anticipated to expand with a CAGR of 10%.
Automotive manufacturing is becoming a lucrative segment due to the extensive usage of magnets for several components like electric window regulators, door locks, speakers and windscreen wipers. Gradual demand for commercial vehicles and cars will fuel permanent magnet industry share considerably.
About 86 million cars were sold in the top 54 markets around the world in 2018, with SUVs being more popular while electric cars sales raised by 75%. During the past few years, electric motor applications have increased exponentially due to the advent of low cost and high-performance electronics with complementary improvement in permanent magnetic materials.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
o Hitachi Metals Ltd.
o Jiangmen Magsource New Material Co. Ltd.
o Adams Magnetic Products Co.
o Arnold Magnetic Technologies
o Anhui Earth-Panda Advance Magnetic Material Co. Ltd.
o Ningbo Yunsheng Co. Ltd.
o Daido Steel Co. Ltd.
o Molycorp Magnequench
o Thomas & Skinner Inc.
o Vacuumschmelze GmbH & Co. KG
o Electron Energy Corporation
o Hangzhou Permanent Magnet Group
o Goudsmit Magnetics Group
o TDK Corporation
Make an Inquiry for purchasing this Report @ https://www.decresearch.com/inquiry-before-buying/1113
Technological advancements in the automotive sector have compelled manufacturers to produce vehicle control systems that are more sophisticated and help burn less fuel. Neodymium (NdFeB) magnets have become substantial components in automotive electronic technology and have been broadly used in automotive safety and information systems.
Growing developments of lightweight and electrified vehicles will fuel the requirement for neodymium magnetic materials rapidly. In addition, with the introduction of driverless technology, several safety control systems like vehicle collision prediction system, safe driving assistant systems are being developed and used widely, fostering automotive tech expansion and offering lucrative growth platform for global permanent magnet industry share in turn.
In November 2018, an electronics company in Asia had acquired R&D business sector for magnet alloy from a chemicals company Showa Denko. The agreement was aimed to accelerate the development of new, high-performance, and high-quality neodymium magnets, as well as to establish a more resourceful production system for meeting the growing market demand.
Considering the regional landscape, China holds more than 95% of the rare earth metal reserves globally, making Asia Pacific region the leading source of rare-earth based magnets. APAC permanent magnet industry is projected to grow noticeably over the coming years due to increasing consumption across automobile, electronics and wind energy sectors.
Request for an in-depth table of contents for this report @ https://www.decresearch.com/toc/detail/permanent-magnet-market
Emerging economies like India and China will be among the foremost revenue pockets for regional magnetic material deployment. Several key players are putting their efforts to make new and better magnets for vehicles for making them safer and convenient to use. Nowadays, magnets are playing a major role in the production line of automotive industry and are extensively used in the locking system and seat belt indicator, which are important safety features.
With the expansion of automotive segment, market players are planning to invest massively in R&D programs to gain more revenue over the forthcoming years. Mergers & acquisitions would also become a major business strategy adopted by various industry participants.
Contact Us:
DEC Research,
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: info@decresearch.com
About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Comprehensive Study on Permanent Magnets Market 2020 |Top Companies like- Hitachi Metals Ltd., Adams Magnetic Products Co., Arnold Magnetic Technologies, TDK Corporation here
News-ID: 1992209 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Magnet
Global Magnet Assemblies Industry Magnet Market Size 2021 Analysis And Forecast …
(United States, OR Poland): Global Magnet Assemblies Industry Magnet Market overview 2021 Magnet Assemblies Industry Magnet market studies the existing as well as the future visions of the Magnet Assemblies Industry Magnet market. It includes a detailed outline of the Magnet Assemblies Industry Magnet market along with market pictures. Also, it offers a complete data of the various segments in the Magnet Assemblies Industry Magnet market study. The report analyzes…
Magnet Motor Free Energy Generator
More and more often one hears about the site https://www.magnet-motor4u.de/magnetmotor which does not only make the round online and is based on the findings of Infinity SAV, Muammer Yildiz, Howard Johnson, Friedlich Lüling, Mike Brady, V-Gate.
All these inventors are among the greatest geniuses of the 20th century and have filed their own patents. Through their work, they paved the way for many amenities that we use daily and as a…
Global Whiteboard Magnet Industry Market
This examination report sorts Global Whiteboard Magnet Industry Market by players/brands, locale, type, and application. This report likewise thinks about the worldwide market status, rivalry scene, the piece of the overall industry, development rate, future patterns, showcase drivers, openings and difficulties, deals channels, wholesalers and Porter's Five Forces Analysis.
Get sample copy of report:
https://www.marketdensity.com/contact?ref=Sample&reportid=4645
Table of Contents
Chapter 1 Whiteboard Magnet Market Overview
1.1 Product Overview and Scope of Whiteboard Magnet…
Global NdFeB Magnets Sales Market By Product Type | Sintered NdFeB Magnet and Bo …
Researchmoz added Most up-to-date research on "Global NdFeB Magnets Sales Market By Product Type | Sintered NdFeB Magnet and Bonded NdFeB Magnet" to its huge collection of research reports.
In this report, the global NdFeB Magnets market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report split…
Global Sintered NdFeB Magnet Market 2016 : Zhenghai, Zhongbei, Sanhuan, Beijing …
A market study based on the "Sintered NdFeB Magnet Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Sintered NdFeB Magnet Market 2016’. The research report analyzes the historical as well as present performance of the global Sintered NdFeB Magnet market, and makes predictions on the future status of Sintered NdFeB Magnet market on the basis of this analysis. Global Sintered NdFeB Magnet Industry…
Saving costs with magnet separators
S+S whitepaper provides information about magnet technology especially for the chemical and pharmaceutical industries
Schönberg, July 2013
S+S has prepared a white paper on the subject of "Reduced process costs in the chemical and pharmaceutical industries with magnet separators". This white paper describes the application possibilities and the function of magnet separators, and the advantages for the chemical and pharmaceutical industries, which essentially are clean products and saving potentials. The white paper…
