Press release
Bonded Magnet Market Is Forecast To Reach A Valuation Of US$ 10.9 Billion By 2032
The global bonded magnet market is estimated at US$ 5.1 Billion in 2022, and is forecast to reach a valuation of US$ 10.9 Billion by 2032, expanding at an impressive CAGR of 7.8% from 2022 to 2032. Worldwide sales of bonded magnets account for around 14% share of the total market valuation of the global magnet market, which is projected to increase at a CAGR of 6.9% over the forecast period of 2022-2032.The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Bonded Magnet Market both at worldwide and provincial levels.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ : -https://www.factmr.com/connectus/sample?flag=S&rep_id=7176?PJ
๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ: -
TDK Corporation
Hitachi Metals, Ltd.
Ningbo Yunsheng Co. Ltd.,
Advanced Technology Materials Co. Ltd.
Magnequench International, LLC
SDM Magnetics Co., Ltd.
Ningbo Newland Magnet Industry Co., Ltd.
Arnold Magnetic Technologies,
Mate Co., Ltd.
Evitron Sp. z o.o.
MMC Magnetics Corp
RHEINMAGNET Horst Baermann GmbH.
Dura Magnetics, Inc.
Adams Magnetic Products
National Imports, LLC
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ
โข By Product Type:
โข Rare Earth Magnets
โข NdFeB
โข SmCo
โข Bonded Ferrite Magnets
โข By Process Type:
โข Injection Molded
โข Compression
โข Calendaring
โข Extrusion
โข By Application:
โข Sensors
โข Motors
โข Hard Disk Drives
โข Level Gauges
โข Instrument Panels
โข Copier Rotors
โข Fuel Filters
โข Magnetic Couplings
โข By End Use
โข Automotive
โข HVAC Equipment
โข Medical Devices
โข Cameras
โข Consumer Electronic Appliances
โข Computers and Magnetic Storage Devices
โข Electrical Equipment
โข Measurement Instruments
โข Printer and Copiers
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
The global bonded magnet market is moderately consolidated in nature. There exist big players in the market with huge financial muscle and distribution networks spread across the globe. Key global players account for 15% to 20% of the market share, whereas, other small- and medium-sized players account for 80% to 85%.
Key companies have adopted various strategies such as mergers & acquisitions, partnerships, etc., to upscale their growth. New product development is a key strategy that bonded magnet suppliers are resorting to expand their market presence among consumers.
Fact.MR has provided detailed information about price points of top manufacturers of bonded magnet positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
On 2nd March 2021, Arnold Magnetic Technologies acquired Ramco Electric Motors Company. This acquisition will further advance the company's strategic priorities to deliver engineered solutions and new materials that empower customers to develop next-generation technologies.
In 2020, Ningbo Newland Magnet Industry Co. Ltd. launched a type of bonded magnet that can be used with 5G technology, which ensures that ferrite and samarium-cobalt magnets should be able to provide the performance required in 5G applications.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐๐ฌ
North America (U.S., Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
EU - (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
CIS & Russia
Japan
Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
๐๐จ๐ฐ ๐ ๐๐๐ญ.๐๐ ๐๐ฌ๐ฌ๐ข๐ฌ๐ญ๐ฌ ๐ข๐ง ๐๐๐ค๐ข๐ง๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐จ๐ฏ๐๐ฌ?
The data provided in the Bonded Magnet Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง : https://www.factmr.com/connectus/sample?flag=RC&rep_id=7176?PJ
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Fact.MR is a market research and consulting firm with deep expertise in emerging market intelligence. Ranging from Automotive and Industry 4.0 to Healthcare, Technology, Chemicals, Materials and even the most niche categories.
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